10.49 USD
-0.13 (-1.22%)
10.49 USD
0 (0%)
Overall AHCO gets a fundamental rating of 4 out of 10. We evaluated AHCO against 101 industry peers in the Health Care Providers & Services industry. While AHCO is still in line with the averages on profitability rating, there are concerns on its financial health. AHCO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AHCO had positive earnings in the past year.
AHCO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AHCO reported negative net income in multiple years.
In the past 5 years AHCO always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AHCO (1.69%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.83%, AHCO is in the better half of the industry, outperforming 60.40% of the companies in the same industry.
AHCO has a Return On Invested Capital of 4.53%. This is comparable to the rest of the industry: AHCO outperforms 52.48% of its industry peers.
AHCO had an Average Return On Invested Capital over the past 3 years of 4.25%. This is below the industry average of 9.21%.
The last Return On Invested Capital (4.53%) for AHCO is above the 3 year average (4.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.69% | ||
| ROE | 4.83% | ||
| ROIC | 4.53% |
ROA(3y)-4%
ROA(5y)-3.64%
ROE(3y)-12.78%
ROE(5y)-15.4%
ROIC(3y)4.25%
ROIC(5y)3.76%
1.3 Margins
AHCO has a Profit Margin of 2.33%. This is in the better half of the industry: AHCO outperforms 63.37% of its industry peers.
AHCO's Profit Margin has declined in the last couple of years.
AHCO has a better Operating Margin (7.82%) than 74.26% of its industry peers.
AHCO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 25.32%, AHCO perfoms like the industry average, outperforming 52.48% of the companies in the same industry.
AHCO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.82% | ||
| PM (TTM) | 2.33% | ||
| GM | 25.32% |
OM growth 3Y1.95%
OM growth 5Y11.03%
PM growth 3Y-23.99%
PM growth 5YN/A
GM growth 3Y4.28%
GM growth 5Y4.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AHCO is destroying value.
AHCO has more shares outstanding than it did 1 year ago.
AHCO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AHCO has been reduced compared to a year ago.
2.2 Solvency
AHCO has an Altman-Z score of 1.08. This is a bad value and indicates that AHCO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.08, AHCO is not doing good in the industry: 72.28% of the companies in the same industry are doing better.
The Debt to FCF ratio of AHCO is 9.48, which is on the high side as it means it would take AHCO, 9.48 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 9.48, AHCO perfoms like the industry average, outperforming 45.54% of the companies in the same industry.
A Debt/Equity ratio of 1.27 is on the high side and indicates that AHCO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.27, AHCO is doing worse than 63.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.56
WACC8.02%
2.3 Liquidity
AHCO has a Current Ratio of 1.33. This is a normal value and indicates that AHCO is financially healthy and should not expect problems in meeting its short term obligations.
AHCO's Current ratio of 1.33 is in line compared to the rest of the industry. AHCO outperforms 48.51% of its industry peers.
A Quick Ratio of 1.09 indicates that AHCO should not have too much problems paying its short term obligations.
AHCO has a Quick ratio of 1.09. This is comparable to the rest of the industry: AHCO outperforms 43.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
AHCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.39%, which is quite impressive.
The Earnings Per Share has been growing by 10.23% on average over the past years. This is quite good.
Looking at the last year, AHCO shows a very negative growth in Revenue. The Revenue has decreased by -19.72% in the last year.
Measured over the past years, AHCO shows a very strong growth in Revenue. The Revenue has been growing by 43.84% on average per year.
EPS 1Y (TTM)119.39%
EPS 3Y10.23%
EPS 5YN/A
EPS Q2Q%6.67%
Revenue 1Y (TTM)-19.72%
Revenue growth 3Y9.93%
Revenue growth 5Y43.84%
Sales Q2Q%1.79%
3.2 Future
The Earnings Per Share is expected to grow by 20.59% on average over the next years. This is a very strong growth
Based on estimates for the next years, AHCO will show a small growth in Revenue. The Revenue will grow by 7.27% on average per year.
EPS Next Y19.85%
EPS Next 2Y31.12%
EPS Next 3Y26.83%
EPS Next 5Y20.59%
Revenue Next Year-0.06%
Revenue Next 2Y3.16%
Revenue Next 3Y4.99%
Revenue Next 5Y7.27%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 32.78, AHCO can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AHCO is on the same level as its industry peers.
AHCO is valuated rather expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.17, which indicates a very decent valuation of AHCO.
AHCO's Price/Forward Earnings ratio is rather cheap when compared to the industry. AHCO is cheaper than 89.11% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. AHCO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.78 | ||
| Fwd PE | 10.17 |
4.2 Price Multiples
93.07% of the companies in the same industry are more expensive than AHCO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, AHCO is valued cheaper than 93.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.66 | ||
| EV/EBITDA | 5.29 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AHCO has a very decent profitability rating, which may justify a higher PE ratio.
AHCO's earnings are expected to grow with 26.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.65
PEG (5Y)N/A
EPS Next 2Y31.12%
EPS Next 3Y26.83%
5. Dividend
5.1 Amount
No dividends for AHCO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
10.49
-0.13 (-1.22%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.73%
Inst Owner Change0%
Ins Owners1.81%
Ins Owner Change-0.06%
Market Cap1.42B
Revenue(TTM)3.26B
Net Income(TTM)75.81M
Analysts81.43
Price Target13.52 (28.88%)
Short Float %8.81%
Short Ratio8.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-123.07%
Min EPS beat(2)-210.83%
Max EPS beat(2)-35.31%
EPS beat(4)1
Avg EPS beat(4)-384.03%
Min EPS beat(4)-1325.49%
Max EPS beat(4)35.5%
EPS beat(8)1
Avg EPS beat(8)-358.04%
EPS beat(12)3
Avg EPS beat(12)-235.24%
EPS beat(16)3
Avg EPS beat(16)-191.39%
Revenue beat(2)1
Avg Revenue beat(2)-0.88%
Min Revenue beat(2)-2.38%
Max Revenue beat(2)0.61%
Revenue beat(4)2
Avg Revenue beat(4)-0.19%
Min Revenue beat(4)-2.38%
Max Revenue beat(4)1.28%
Revenue beat(8)4
Avg Revenue beat(8)-0.23%
Revenue beat(12)5
Avg Revenue beat(12)-0.64%
Revenue beat(16)7
Avg Revenue beat(16)-0.16%
PT rev (1m)0%
PT rev (3m)0.95%
EPS NQ rev (1m)-4.44%
EPS NQ rev (3m)-14%
EPS NY rev (1m)-3.42%
EPS NY rev (3m)-11.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.78 | ||
| Fwd PE | 10.17 | ||
| P/S | 0.44 | ||
| P/FCF | 6.66 | ||
| P/OCF | 2.5 | ||
| P/B | 0.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.29 |
EPS(TTM)0.32
EY3.05%
EPS(NY)1.03
Fwd EY9.83%
FCF(TTM)1.57
FCFY15.01%
OCF(TTM)4.2
OCFY40.05%
SpS24.04
BVpS11.6
TBVpS-8.93
PEG (NY)1.65
PEG (5Y)N/A
Graham Number9.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.69% | ||
| ROE | 4.83% | ||
| ROCE | 6.5% | ||
| ROIC | 4.53% | ||
| ROICexc | 4.66% | ||
| ROICexgc | 17.24% | ||
| OM | 7.82% | ||
| PM (TTM) | 2.33% | ||
| GM | 25.32% | ||
| FCFM | 6.55% |
ROA(3y)-4%
ROA(5y)-3.64%
ROE(3y)-12.78%
ROE(5y)-15.4%
ROIC(3y)4.25%
ROIC(5y)3.76%
ROICexc(3y)4.34%
ROICexc(5y)3.9%
ROICexgc(3y)17.05%
ROICexgc(5y)18.83%
ROCE(3y)6.1%
ROCE(5y)5.39%
ROICexgc growth 3Y0.25%
ROICexgc growth 5Y-13.24%
ROICexc growth 3Y18.04%
ROICexc growth 5Y-2.96%
OM growth 3Y1.95%
OM growth 5Y11.03%
PM growth 3Y-23.99%
PM growth 5YN/A
GM growth 3Y4.28%
GM growth 5Y4.45%
F-Score7
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Debt/EBITDA | 3.16 | ||
| Cap/Depr | 94.9% | ||
| Cap/Sales | 10.93% | ||
| Interest Coverage | 2.41 | ||
| Cash Conversion | 90.37% | ||
| Profit Quality | 281.18% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 1.08 |
F-Score7
WACC8.02%
ROIC/WACC0.56
Cap/Depr(3y)94.46%
Cap/Depr(5y)82.09%
Cap/Sales(3y)11.04%
Cap/Sales(5y)9.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.39%
EPS 3Y10.23%
EPS 5YN/A
EPS Q2Q%6.67%
EPS Next Y19.85%
EPS Next 2Y31.12%
EPS Next 3Y26.83%
EPS Next 5Y20.59%
Revenue 1Y (TTM)-19.72%
Revenue growth 3Y9.93%
Revenue growth 5Y43.84%
Sales Q2Q%1.79%
Revenue Next Year-0.06%
Revenue Next 2Y3.16%
Revenue Next 3Y4.99%
Revenue Next 5Y7.27%
EBIT growth 1Y-29.64%
EBIT growth 3Y12.08%
EBIT growth 5Y59.71%
EBIT Next Year166.06%
EBIT Next 3Y46.84%
EBIT Next 5YN/A
FCF growth 1Y594.38%
FCF growth 3Y48.23%
FCF growth 5Y43.24%
OCF growth 1Y34.71%
OCF growth 3Y25.26%
OCF growth 5Y55.08%
ADAPTHEALTH CORP / AHCO FAQ
What is the ChartMill fundamental rating of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AHCO.
What is the valuation status of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a valuation rating of 6 / 10 to ADAPTHEALTH CORP (AHCO). This can be considered as Fairly Valued.
How profitable is ADAPTHEALTH CORP (AHCO) stock?
ADAPTHEALTH CORP (AHCO) has a profitability rating of 6 / 10.
What is the valuation of ADAPTHEALTH CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ADAPTHEALTH CORP (AHCO) is 32.78 and the Price/Book (PB) ratio is 0.9.