ADDUS HOMECARE CORP (ADUS) Stock Fundamental Analysis
USA - NASDAQ:ADUS - US0067391062 - Common Stock
118.31 USD
+1.18 (+1.01%)
118.31 USD
0 (0%)
Overall ADUS gets a fundamental rating of 6 out of 10. We evaluated ADUS against 101 industry peers in the Health Care Providers & Services industry. ADUS scores excellent on profitability, but there are some minor concerns on its financial health. ADUS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ADUS had positive earnings in the past year.
In the past year ADUS had a positive cash flow from operations.
Each year in the past 5 years ADUS has been profitable.
Each year in the past 5 years ADUS had a positive operating cash flow.
1.2 Ratios
ADUS has a better Return On Assets (5.89%) than 81.19% of its industry peers.
Looking at the Return On Equity, with a value of 8.12%, ADUS is in the better half of the industry, outperforming 67.33% of the companies in the same industry.
ADUS has a Return On Invested Capital of 6.98%. This is in the better half of the industry: ADUS outperforms 69.31% of its industry peers.
ADUS had an Average Return On Invested Capital over the past 3 years of 7.23%. This is below the industry average of 9.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 8.12% | ||
| ROIC | 6.98% |
ROA(3y)5.41%
ROA(5y)4.94%
ROE(3y)7.9%
ROE(5y)7.59%
ROIC(3y)7.23%
ROIC(5y)6.68%
1.3 Margins
The Profit Margin of ADUS (6.51%) is better than 83.17% of its industry peers.
ADUS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.13%, ADUS is in the better half of the industry, outperforming 76.24% of the companies in the same industry.
ADUS's Operating Margin has improved in the last couple of years.
The Gross Margin of ADUS (32.59%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ADUS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.13% | ||
| PM (TTM) | 6.51% | ||
| GM | 32.59% |
OM growth 3Y3.25%
OM growth 5Y11.69%
PM growth 3Y6.89%
PM growth 5Y10.42%
GM growth 3Y1.33%
GM growth 5Y3.3%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ADUS is destroying value.
ADUS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ADUS has more shares outstanding
ADUS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.06 indicates that ADUS is not in any danger for bankruptcy at the moment.
ADUS has a better Altman-Z score (5.06) than 84.16% of its industry peers.
The Debt to FCF ratio of ADUS is 1.81, which is an excellent value as it means it would take ADUS, only 1.81 years of fcf income to pay off all of its debts.
ADUS has a better Debt to FCF ratio (1.81) than 85.15% of its industry peers.
ADUS has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
ADUS has a Debt to Equity ratio of 0.17. This is in the better half of the industry: ADUS outperforms 71.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | 5.06 |
ROIC/WACC0.82
WACC8.46%
2.3 Liquidity
A Current Ratio of 1.74 indicates that ADUS should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.74, ADUS is doing good in the industry, outperforming 63.37% of the companies in the same industry.
A Quick Ratio of 1.74 indicates that ADUS should not have too much problems paying its short term obligations.
ADUS has a Quick ratio of 1.74. This is in the better half of the industry: ADUS outperforms 65.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.13% over the past year.
ADUS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.61% yearly.
Looking at the last year, ADUS shows a quite strong growth in Revenue. The Revenue has grown by 14.29% in the last year.
Measured over the past years, ADUS shows a quite strong growth in Revenue. The Revenue has been growing by 12.22% on average per year.
EPS 1Y (TTM)11.13%
EPS 3Y14.18%
EPS 5Y16.61%
EPS Q2Q%10.37%
Revenue 1Y (TTM)14.29%
Revenue growth 3Y10.13%
Revenue growth 5Y12.22%
Sales Q2Q%21.79%
3.2 Future
The Earnings Per Share is expected to grow by 10.72% on average over the next years. This is quite good.
ADUS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.83% yearly.
EPS Next Y18.34%
EPS Next 2Y14.56%
EPS Next 3Y13.16%
EPS Next 5Y10.72%
Revenue Next Year22.44%
Revenue Next 2Y14.26%
Revenue Next 3Y11.16%
Revenue Next 5Y8.83%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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 21.16, the valuation of ADUS can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ADUS indicates a somewhat cheap valuation: ADUS is cheaper than 67.33% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ADUS to the average of the S&P500 Index (27.40), we can say ADUS is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 17.20, the valuation of ADUS can be described as rather expensive.
72.28% of the companies in the same industry are more expensive than ADUS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ADUS to the average of the S&P500 Index (22.94), we can say ADUS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.16 | ||
| Fwd PE | 17.2 |
4.2 Price Multiples
ADUS's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, ADUS is valued a bit cheaper than 60.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.26 | ||
| EV/EBITDA | 17.25 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ADUS may justify a higher PE ratio.
A more expensive valuation may be justified as ADUS's earnings are expected to grow with 13.16% in the coming years.
PEG (NY)1.15
PEG (5Y)1.27
EPS Next 2Y14.56%
EPS Next 3Y13.16%
5. Dividend
5.1 Amount
No dividends for ADUS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
118.31
+1.18 (+1.01%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners104.58%
Inst Owner Change-0.29%
Ins Owners2.4%
Ins Owner Change0.23%
Market Cap2.18B
Analysts84.44
Price Target144.75 (22.35%)
Short Float %3.47%
Short Ratio3.78
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)1
Avg EPS beat(2)1.93%
Min EPS beat(2)-0.58%
Max EPS beat(2)4.43%
EPS beat(4)2
Avg EPS beat(4)0.91%
Min EPS beat(4)-0.68%
Max EPS beat(4)4.43%
EPS beat(8)6
Avg EPS beat(8)4.5%
EPS beat(12)10
Avg EPS beat(12)5.23%
EPS beat(16)12
Avg EPS beat(16)4.17%
Revenue beat(2)0
Avg Revenue beat(2)-1.87%
Min Revenue beat(2)-2.59%
Max Revenue beat(2)-1.14%
Revenue beat(4)0
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-2.59%
Max Revenue beat(4)-0.07%
Revenue beat(8)0
Avg Revenue beat(8)-1.3%
Revenue beat(12)0
Avg Revenue beat(12)-1.38%
Revenue beat(16)0
Avg Revenue beat(16)-1.87%
PT rev (1m)0%
PT rev (3m)4%
EPS NQ rev (1m)0.2%
EPS NQ rev (3m)0.48%
EPS NY rev (1m)0.3%
EPS NY rev (3m)-0.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.16 | ||
| Fwd PE | 17.2 | ||
| P/S | 1.71 | ||
| P/FCF | 23.26 | ||
| P/OCF | 21.69 | ||
| P/B | 2.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.25 |
EPS(TTM)5.59
EY4.72%
EPS(NY)6.88
Fwd EY5.81%
FCF(TTM)5.09
FCFY4.3%
OCF(TTM)5.45
OCFY4.61%
SpS69.21
BVpS55.51
TBVpS-2.91
PEG (NY)1.15
PEG (5Y)1.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 8.12% | ||
| ROCE | 9.25% | ||
| ROIC | 6.98% | ||
| ROICexc | 7.52% | ||
| ROICexgc | 96.54% | ||
| OM | 9.13% | ||
| PM (TTM) | 6.51% | ||
| GM | 32.59% | ||
| FCFM | 7.35% |
ROA(3y)5.41%
ROA(5y)4.94%
ROE(3y)7.9%
ROE(5y)7.59%
ROIC(3y)7.23%
ROIC(5y)6.68%
ROICexc(3y)7.89%
ROICexc(5y)7.67%
ROICexgc(3y)101.25%
ROICexgc(5y)84.78%
ROCE(3y)9.58%
ROCE(5y)8.86%
ROICexcg growth 3Y20.44%
ROICexcg growth 5Y33.14%
ROICexc growth 3Y-5.68%
ROICexc growth 5Y3.17%
OM growth 3Y3.25%
OM growth 5Y11.69%
PM growth 3Y6.89%
PM growth 5Y10.42%
GM growth 3Y1.33%
GM growth 5Y3.3%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.81 | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | 46.6% | ||
| Cap/Sales | 0.53% | ||
| Interest Coverage | 12.85 | ||
| Cash Conversion | 76.79% | ||
| Profit Quality | 112.88% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 5.06 |
F-Score4
WACC8.46%
ROIC/WACC0.82
Cap/Depr(3y)56.89%
Cap/Depr(5y)51.78%
Cap/Sales(3y)0.76%
Cap/Sales(5y)0.74%
Profit Quality(3y)174.92%
Profit Quality(5y)182.39%
High Growth Momentum
Growth
EPS 1Y (TTM)11.13%
EPS 3Y14.18%
EPS 5Y16.61%
EPS Q2Q%10.37%
EPS Next Y18.34%
EPS Next 2Y14.56%
EPS Next 3Y13.16%
EPS Next 5Y10.72%
Revenue 1Y (TTM)14.29%
Revenue growth 3Y10.13%
Revenue growth 5Y12.22%
Sales Q2Q%21.79%
Revenue Next Year22.44%
Revenue Next 2Y14.26%
Revenue Next 3Y11.16%
Revenue Next 5Y8.83%
EBIT growth 1Y15.88%
EBIT growth 3Y13.7%
EBIT growth 5Y25.34%
EBIT Next Year45.09%
EBIT Next 3Y18.3%
EBIT Next 5Y14.43%
FCF growth 1Y-0.88%
FCF growth 3Y46.87%
FCF growth 5Y71.69%
OCF growth 1Y-2.52%
OCF growth 3Y43.4%
OCF growth 5Y57.54%