10.25 USD
+0.01 (+0.1%)
10.3 USD
+0.05 (+0.49%)
Overall AHCO gets a fundamental rating of 4 out of 10. We evaluated AHCO against 102 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AHCO had positive earnings in the past year.
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
With a Return On Assets value of 1.69%, AHCO perfoms like the industry average, outperforming 54.90% of the companies in the same industry.
AHCO has a Return On Equity (4.83%) which is in line with its industry peers.
AHCO has a Return On Invested Capital (4.53%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AHCO is significantly below the industry average of 9.61%.
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
The Profit Margin of AHCO (2.33%) is better than 62.75% 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 73.53% 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.
AHCO has more shares outstanding than it did 1 year ago.
AHCO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AHCO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.07, we must say that AHCO is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.07, AHCO is not doing good in the industry: 72.55% of the companies in the same industry are doing better.
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.
Looking at the Debt to FCF ratio, with a value of 9.48, AHCO is in line with its industry, outperforming 46.08% 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 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 9.48 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.57
WACC7.96%
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 has a Current ratio (1.33) which is comparable to the rest of the industry.
A Quick Ratio of 1.09 indicates that AHCO should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.09, AHCO perfoms like the industry average, outperforming 43.14% of the companies in the same 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.
AHCO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.23% yearly.
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 20.59% 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 Y24.1%
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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
AHCO is valuated quite expensively with a Price/Earnings ratio of 32.03.
The rest of the industry has a similar Price/Earnings ratio as AHCO.
When comparing the Price/Earnings ratio of AHCO to the average of the S&P500 Index (26.57), we can say AHCO is valued slightly more expensively.
AHCO is valuated reasonably with a Price/Forward Earnings ratio of 9.94.
Based on the Price/Forward Earnings ratio, AHCO is valued cheaper than 89.22% of the companies in the same industry.
AHCO is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.03 | ||
| Fwd PE | 9.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AHCO is valued cheaply inside the industry as 93.14% of the companies are valued more expensively.
93.14% 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 | 6.51 | ||
| EV/EBITDA | 5.24 |
4.3 Compensation for Growth
AHCO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as AHCO's earnings are expected to grow with 26.83% in the coming years.
PEG (NY)1.33
PEG (5Y)N/A
EPS Next 2Y31.12%
EPS Next 3Y26.83%
5. Dividend
5.1 Amount
AHCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
10.25
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.85%
Inst Owner Change-0.75%
Ins Owners1.81%
Ins Owner Change1.38%
Market Cap1.39B
Revenue(TTM)3.26B
Net Income(TTM)75.81M
Analysts81.43
Price Target13.52 (31.9%)
Short Float %8.88%
Short Ratio9.8
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)1.92%
PT rev (3m)0.95%
EPS NQ rev (1m)-4.44%
EPS NQ rev (3m)-17.76%
EPS NY rev (1m)-9.13%
EPS NY rev (3m)-22.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.03 | ||
| Fwd PE | 9.94 | ||
| P/S | 0.43 | ||
| P/FCF | 6.51 | ||
| P/OCF | 2.44 | ||
| P/B | 0.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.24 |
EPS(TTM)0.32
EY3.12%
EPS(NY)1.03
Fwd EY10.06%
FCF(TTM)1.57
FCFY15.36%
OCF(TTM)4.2
OCFY40.99%
SpS24.04
BVpS11.6
TBVpS-8.93
PEG (NY)1.33
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 | 1.07 |
F-Score7
WACC7.96%
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 Y24.1%
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.
Can you provide the valuation status for ADAPTHEALTH CORP?
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 5 / 10.
Can you provide the PE and PB ratios for AHCO stock?
The Price/Earnings (PE) ratio for ADAPTHEALTH CORP (AHCO) is 32.03 and the Price/Book (PB) ratio is 0.88.