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Team Health IPO (Blackstone deal) -- IPOreport adj for IPO price & share reductions

|Includes: AMN, The Blackstone Group L.P. (BX), CCRN, SUNH, TMH

Team Health Holdings (NYSE:TMH) plans $300 IPO to trade Wednesday, Dec 16

Valuation ‘compare’
Especially because THM & its competitors have a relatively high level of debt, Enterprise Value metrics seem to work best for ‘compare & contrast’

THM is the largest, in terms of market cap, in the industry

Based on the IPO price range THM has the lowest P/E multiple, but has less cushion in terms of book value and tangible book value than its peer companies.

Read IPOreport

Disclosure: none