9.86 USD
+0.27 (+2.82%)
9.86 USD
0 (0%)
Taking everything into account, AHCO scores 5 out of 10 in our fundamental rating. AHCO was compared to 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 may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year AHCO was profitable.
In the past year AHCO had a positive cash flow from operations.
In multiple years AHCO reported negative net income over the last 5 years.
In the past 5 years AHCO always reported a positive cash flow from operatings.
1.2 Ratios
AHCO has a Return On Assets of 1.69%. This is comparable to the rest of the industry: AHCO outperforms 55.45% of its industry peers.
With a decent Return On Equity value of 4.83%, AHCO is doing good in the industry, outperforming 61.39% of the companies in the same industry.
AHCO's Return On Invested Capital of 4.53% is in line compared to the rest of the industry. AHCO outperforms 52.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AHCO is significantly below the industry average of 9.27%.
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
Looking at the Profit Margin, with a value of 2.33%, AHCO is in the better half of the industry, outperforming 63.37% of the companies in the same industry.
AHCO's Profit Margin has declined in the last couple of years.
AHCO has a Operating Margin of 7.82%. This is in the better half of the industry: AHCO outperforms 72.28% of its industry peers.
AHCO's Operating Margin has improved in the last couple of years.
AHCO has a Gross Margin (25.32%) which is in line with its industry peers.
In the last couple of years the Gross Margin of AHCO has grown nicely.
| 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
AHCO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AHCO has more shares outstanding
The number of shares outstanding for AHCO has been increased compared to 5 years ago.
The debt/assets ratio for AHCO has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.06, we must say that AHCO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AHCO (1.06) is worse than 69.31% of its industry peers.
AHCO has a debt to FCF ratio of 9.48. This is a negative value and a sign of low solvency as AHCO would need 9.48 years to pay back of all of its debts.
AHCO has a Debt to FCF ratio (9.48) which is in line with its industry peers.
AHCO has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
AHCO has a worse Debt to Equity ratio (1.27) than 63.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.57
WACC7.93%
2.3 Liquidity
A Current Ratio of 1.33 indicates that AHCO should not have too much problems paying its short term obligations.
AHCO has a Current ratio (1.33) which is comparable to the rest of the industry.
AHCO has a Quick Ratio of 1.09. This is a normal value and indicates that AHCO is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AHCO (1.09) is comparable to the rest of the industry.
| 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.
The Revenue for AHCO has decreased by -19.72% in the past year. This is quite bad
The Revenue has been growing by 43.84% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, AHCO will show a very strong growth in Earnings Per Share. The EPS will grow by 25.21% on average per year.
The Revenue is expected to grow by 7.27% on average over the next years.
EPS Next Y36.57%
EPS Next 2Y37.29%
EPS Next 3Y30.76%
EPS Next 5Y25.21%
Revenue Next Year-0.24%
Revenue Next 2Y3.24%
Revenue Next 3Y5.33%
Revenue Next 5Y7.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 30.81, which means the current valuation is very expensive for AHCO.
AHCO's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.65, AHCO is valued a bit more expensive.
With a Price/Forward Earnings ratio of 8.72, the valuation of AHCO can be described as very reasonable.
Based on the Price/Forward Earnings ratio, AHCO is valued cheaply inside the industry as 94.06% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.45. AHCO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.81 | ||
| Fwd PE | 8.72 |
4.2 Price Multiples
AHCO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AHCO is cheaper than 92.08% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AHCO indicates a rather cheap valuation: AHCO is cheaper than 94.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.26 | ||
| EV/EBITDA | 5.15 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of AHCO may justify a higher PE ratio.
A more expensive valuation may be justified as AHCO's earnings are expected to grow with 30.75% in the coming years.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y37.29%
EPS Next 3Y30.76%
5. Dividend
5.1 Amount
No dividends for AHCO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.86
+0.27 (+2.82%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.9%
Inst Owner Change-0.75%
Ins Owners1.82%
Ins Owner Change1.38%
Market Cap1.33B
Revenue(TTM)3.26B
Net Income(TTM)75.81M
Analysts81.43
Price Target13.52 (37.12%)
Short Float %8.81%
Short Ratio9.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)0.95%
PT rev (3m)0.95%
EPS NQ rev (1m)-9.74%
EPS NQ rev (3m)-17.48%
EPS NY rev (1m)1.69%
EPS NY rev (3m)-14.84%
Revenue NQ rev (1m)-1.81%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.81 | ||
| Fwd PE | 8.72 | ||
| P/S | 0.41 | ||
| P/FCF | 6.26 | ||
| P/OCF | 2.34 | ||
| P/B | 0.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.15 |
EPS(TTM)0.32
EY3.25%
EPS(NY)1.13
Fwd EY11.47%
FCF(TTM)1.58
FCFY15.98%
OCF(TTM)4.21
OCFY42.65%
SpS24.06
BVpS11.61
TBVpS-8.94
PEG (NY)0.84
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 | 1.06 |
F-Score7
WACC7.93%
ROIC/WACC0.57
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 Y36.57%
EPS Next 2Y37.29%
EPS Next 3Y30.76%
EPS Next 5Y25.21%
Revenue 1Y (TTM)-19.72%
Revenue growth 3Y9.93%
Revenue growth 5Y43.84%
Sales Q2Q%1.79%
Revenue Next Year-0.24%
Revenue Next 2Y3.24%
Revenue Next 3Y5.33%
Revenue Next 5Y7.27%
EBIT growth 1Y-29.64%
EBIT growth 3Y12.08%
EBIT growth 5Y59.71%
EBIT Next Year170.35%
EBIT Next 3Y49.37%
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 5 / 10 to AHCO.
Can you provide the valuation status for ADAPTHEALTH CORP?
ChartMill assigns a valuation rating of 7 / 10 to ADAPTHEALTH CORP (AHCO). This can be considered as Undervalued.
How profitable is ADAPTHEALTH CORP (AHCO) stock?
ADAPTHEALTH CORP (AHCO) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for AHCO stock?
The Price/Earnings (PE) ratio for ADAPTHEALTH CORP (AHCO) is 30.81 and the Price/Book (PB) ratio is 0.85.