Nov. 21 at 9:33 PM
$RHE The latest property sale adds a new layer to the valuation story.
The Coosa Valley facility was sold for
$10.6M, generating an expected ~
$3.7M gain in Q4. This meaningfully strengthens the balance sheet by removing ~
$4.9M debt and adding cash runway.
When you combine this one-time gain with the existing Q3 EPS of ~
$1.17 (annualized ~
$4.68), the adjusted earnings power pushes the fair-value range much higher. Even conservative models now point to ~
$42/share, while realistic valuation multiples land in the
$67–84 range.
Bottom line: the market hasn’t priced in the asset sale or the post-merger profitability. If RHEP maintains this trajectory, a major rerating looks inevitable.