AMN HEALTHCARE SERVICES INC (AMN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AMN - US0017441017 - Common Stock
20.2559 USD
-0.23 (-1.14%)
Overall AMN gets a fundamental rating of 4 out of 10. We evaluated AMN against 103 industry peers in the Health Care Providers & Services industry. AMN has an average financial health and profitability rating. AMN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- AMN had positive earnings in the past year.
- In the past year AMN had a positive cash flow from operations.
- AMN had positive earnings in 4 of the past 5 years.
- AMN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- AMN has a worse Return On Assets (-12.88%) than 74.76% of its industry peers.
- AMN's Return On Equity of -42.76% is on the low side compared to the rest of the industry. AMN is outperformed by 70.87% of its industry peers.
- AMN has a Return On Invested Capital of 2.08%. This is comparable to the rest of the industry: AMN outperforms 47.57% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for AMN is above the industry average of 9.21%.
- The 3 year average ROIC (13.14%) for AMN is well above the current ROIC(2.08%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.88% | ||
| ROE | -42.76% | ||
| ROIC | 2.08% |
ROA(3y)5.5%
ROA(5y)5.99%
ROE(3y)15.7%
ROE(5y)16.78%
ROIC(3y)13.14%
ROIC(5y)12.94%
1.3 Margins
- The Operating Margin of AMN (1.65%) is comparable to the rest of the industry.
- AMN's Operating Margin has declined in the last couple of years.
- AMN has a Gross Margin of 29.37%. This is comparable to the rest of the industry: AMN outperforms 59.22% of its industry peers.
- AMN's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.65% | ||
| PM (TTM) | N/A | ||
| GM | 29.37% |
OM growth 3Y-31.99%
OM growth 5Y-12.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.13%
GM growth 5Y-1.63%
2. Health
2.1 Basic Checks
- AMN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for AMN has been increased compared to 1 year ago.
- Compared to 5 years ago, AMN has less shares outstanding
- The debt/assets ratio for AMN has been reduced compared to a year ago.
2.2 Solvency
- AMN has an Altman-Z score of 2.47. This is not the best score and indicates that AMN is in the grey zone with still only limited risk for bankruptcy at the moment.
- AMN has a Altman-Z score (2.47) which is in line with its industry peers.
- AMN has a debt to FCF ratio of 3.80. This is a good value and a sign of high solvency as AMN would need 3.80 years to pay back of all of its debts.
- AMN has a better Debt to FCF ratio (3.80) than 72.82% of its industry peers.
- AMN has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 1.31, AMN is not doing good in the industry: 65.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 3.8 | ||
| Altman-Z | 2.47 |
ROIC/WACC0.26
WACC7.9%
2.3 Liquidity
- A Current Ratio of 1.05 indicates that AMN should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.05, AMN is not doing good in the industry: 66.99% of the companies in the same industry are doing better.
- A Quick Ratio of 1.05 indicates that AMN should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.05, AMN is doing worse than 61.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
- The earnings per share for AMN have decreased strongly by -51.29% in the last year.
- AMN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.80% yearly.
- AMN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.42%.
- Measured over the past years, AMN shows a small growth in Revenue. The Revenue has been growing by 6.07% on average per year.
EPS 1Y (TTM)-51.29%
EPS 3Y-25.55%
EPS 5Y0.8%
EPS Q2Q%-36.07%
Revenue 1Y (TTM)-11.42%
Revenue growth 3Y-9.19%
Revenue growth 5Y6.07%
Sales Q2Q%-7.71%
3.2 Future
- The Earnings Per Share is expected to grow by 22.82% on average over the next years. This is a very strong growth
- Based on estimates for the next years, AMN will show a small growth in Revenue. The Revenue will grow by 4.40% on average per year.
EPS Next Y-57.99%
EPS Next 2Y-52.77%
EPS Next 3Y-29.64%
EPS Next 5Y22.82%
Revenue Next Year-8.07%
Revenue Next 2Y-6.86%
Revenue Next 3Y-3.35%
Revenue Next 5Y4.4%
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.
- 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
- With a Price/Earnings ratio of 10.72, the valuation of AMN can be described as very reasonable.
- Based on the Price/Earnings ratio, AMN is valued cheaply inside the industry as 86.41% of the companies are valued more expensively.
- AMN is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 27.43, AMN can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AMN is on the same level as its industry peers.
- AMN's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.72 | ||
| Fwd PE | 27.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AMN is valued cheaper than 80.58% of the companies in the same industry.
- 98.06% of the companies in the same industry are more expensive than AMN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.49 | ||
| EV/EBITDA | 7.68 |
4.3 Compensation for Growth
- AMN's earnings are expected to decrease with -29.64% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)13.32
EPS Next 2Y-52.77%
EPS Next 3Y-29.64%
5. Dividend
5.1 Amount
- AMN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AMN HEALTHCARE SERVICES INC / AMN FAQ
What is the fundamental rating for AMN stock?
ChartMill assigns a fundamental rating of 4 / 10 to AMN.
Can you provide the valuation status for AMN HEALTHCARE SERVICES INC?
ChartMill assigns a valuation rating of 5 / 10 to AMN HEALTHCARE SERVICES INC (AMN). This can be considered as Fairly Valued.
How profitable is AMN HEALTHCARE SERVICES INC (AMN) stock?
AMN HEALTHCARE SERVICES INC (AMN) has a profitability rating of 4 / 10.
What is the earnings growth outlook for AMN HEALTHCARE SERVICES INC?
The Earnings per Share (EPS) of AMN HEALTHCARE SERVICES INC (AMN) is expected to decline by -57.99% in the next year.