ADAPTHEALTH CORP (AHCO) Stock Fundamental Analysis
USA - NASDAQ:AHCO - US00653Q1022 - Common Stock
9.54 USD
+0.14 (+1.49%)
9.54 USD
0 (0%)
Overall AHCO gets a fundamental rating of 5 out of 10. We evaluated AHCO against 100 industry peers in the Health Care Providers & Services industry. There are concerns on the financial health of AHCO while its profitability can be described as average. AHCO is valued quite cheap, while showing a decent growth score. This is a good combination!
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.
The reported net income has been mixed in the past 5 years: AHCO reported negative net income in multiple years.
Each year in the past 5 years AHCO had a positive operating cash flow.
1.2 Ratios
AHCO's Return On Assets of 1.69% is in line compared to the rest of the industry. AHCO outperforms 55.00% of its industry peers.
AHCO has a better Return On Equity (4.83%) than 61.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.53%, AHCO is in line with its industry, outperforming 52.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AHCO is significantly below the industry average of 9.45%.
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
With a decent Profit Margin value of 2.33%, AHCO is doing good in the industry, outperforming 63.00% of the companies in the same industry.
AHCO's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 7.82%, AHCO is in the better half of the industry, outperforming 72.00% of the companies in the same industry.
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.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AHCO is destroying value.
AHCO has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AHCO has more shares outstanding
AHCO has a better debt/assets ratio than last year.
2.2 Solvency
AHCO has an Altman-Z score of 1.05. 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 1.05, AHCO is not doing good in the industry: 69.00% 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.
Looking at the Debt to FCF ratio, with a value of 9.48, AHCO is in line with its industry, outperforming 47.00% 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.
The Debt to Equity ratio of AHCO (1.27) is worse than 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.56
WACC8.14%
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 43.00% of its industry peers.
A Quick Ratio of 1.09 indicates that AHCO should not have too much problems paying its short term obligations.
The Quick ratio of AHCO (1.09) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 119.39% over the past year.
AHCO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.23% yearly.
AHCO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -19.72%.
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.
AHCO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.27% yearly.
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
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
Based on the Price/Earnings ratio of 29.81, the valuation of AHCO can be described as expensive.
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 at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.44, 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 93.00% of the companies are valued more expensively.
AHCO is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 8.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AHCO is valued cheaper than 93.00% of the companies in the same industry.
94.00% of the companies in the same industry are more expensive than AHCO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.05 | ||
| EV/EBITDA | 5.05 |
4.3 Compensation for Growth
AHCO's 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)0.82
PEG (5Y)N/A
EPS Next 2Y37.29%
EPS Next 3Y30.76%
5. Dividend
5.1 Amount
AHCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.54
+0.14 (+1.49%)
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-0.43%
Ins Owners1.82%
Ins Owner Change1.38%
Market Cap1.29B
Revenue(TTM)3.26B
Net Income(TTM)75.81M
Analysts81.43
Price Target13.26 (38.99%)
Short Float %9.09%
Short Ratio11.38
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)0.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.38%
EPS NY rev (1m)1.05%
EPS NY rev (3m)5.24%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 8.44 | ||
| P/S | 0.4 | ||
| P/FCF | 6.05 | ||
| P/OCF | 2.27 | ||
| P/B | 0.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.05 |
EPS(TTM)0.32
EY3.35%
EPS(NY)1.13
Fwd EY11.85%
FCF(TTM)1.58
FCFY16.52%
OCF(TTM)4.21
OCFY44.08%
SpS24.06
BVpS11.61
TBVpS-8.94
PEG (NY)0.82
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 | 1.05 |
F-Score7
WACC8.14%
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 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 29.81 and the Price/Book (PB) ratio is 0.82.