CHEMED CORP (CHE) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CHE • US16359R1032

427.14 USD
-2.86 (-0.67%)
At close: Jan 30, 2026
427.14 USD
0 (0%)
After Hours: 1/30/2026, 8:04:00 PM
Fundamental Rating

7

Taking everything into account, CHE scores 7 out of 10 in our fundamental rating. CHE was compared to 103 industry peers in the Health Care Providers & Services industry. CHE scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CHE has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • CHE had positive earnings in the past year.
  • In the past year CHE had a positive cash flow from operations.
  • CHE had positive earnings in each of the past 5 years.
  • Each year in the past 5 years CHE had a positive operating cash flow.
CHE Yearly Net Income VS EBIT VS OCF VS FCFCHE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 17.17%, CHE belongs to the top of the industry, outperforming 99.03% of the companies in the same industry.
  • CHE has a Return On Equity of 25.89%. This is amongst the best in the industry. CHE outperforms 92.23% of its industry peers.
  • CHE has a Return On Invested Capital of 21.27%. This is amongst the best in the industry. CHE outperforms 96.12% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CHE is significantly above the industry average of 9.16%.
Industry RankSector Rank
ROA 17.17%
ROE 25.89%
ROIC 21.27%
ROA(3y)17.25%
ROA(5y)18.8%
ROE(3y)27.61%
ROE(5y)32.28%
ROIC(3y)21.96%
ROIC(5y)22.92%
CHE Yearly ROA, ROE, ROICCHE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • CHE has a better Profit Margin (11.02%) than 94.17% of its industry peers.
  • CHE's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.60%, CHE belongs to the top of the industry, outperforming 88.35% of the companies in the same industry.
  • CHE's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 32.88%, CHE is in the better half of the industry, outperforming 64.08% of the companies in the same industry.
  • CHE's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.6%
PM (TTM) 11.02%
GM 32.88%
OM growth 3Y-0.29%
OM growth 5Y3.39%
PM growth 3Y-0.36%
PM growth 5Y1.83%
GM growth 3Y-0.79%
GM growth 5Y1.99%
CHE Yearly Profit, Operating, Gross MarginsCHE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

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9

2. Health

2.1 Basic Checks

  • CHE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • The number of shares outstanding for CHE has been reduced compared to 1 year ago.
  • Compared to 5 years ago, CHE has less shares outstanding
  • There is no outstanding debt for CHE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CHE Yearly Shares OutstandingCHE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
CHE Yearly Total Debt VS Total AssetsCHE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • CHE has an Altman-Z score of 11.55. This indicates that CHE is financially healthy and has little risk of bankruptcy at the moment.
  • CHE's Altman-Z score of 11.55 is amongst the best of the industry. CHE outperforms 96.12% of its industry peers.
  • The Debt to FCF ratio of CHE is 0.00, which is an excellent value as it means it would take CHE, only 0.00 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.00, CHE belongs to the top of the industry, outperforming 94.17% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that CHE is not too dependend on debt financing.
  • CHE has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. CHE outperforms 85.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 11.55
ROIC/WACC2.4
WACC8.88%
CHE Yearly LT Debt VS Equity VS FCFCHE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.3 Liquidity

  • CHE has a Current Ratio of 1.35. This is a normal value and indicates that CHE is financially healthy and should not expect problems in meeting its short term obligations.
  • CHE has a Current ratio (1.35) which is comparable to the rest of the industry.
  • A Quick Ratio of 1.33 indicates that CHE should not have too much problems paying its short term obligations.
  • CHE has a Quick ratio (1.33) which is in line with its industry peers.
  • The current and quick ratio evaluation for CHE is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.35
Quick Ratio 1.33
CHE Yearly Current Assets VS Current LiabilitesCHE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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3

3. Growth

3.1 Past

  • The earnings per share for CHE have decreased by -3.97% in the last year.
  • CHE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.64% yearly.
  • CHE shows a small growth in Revenue. In the last year, the Revenue has grown by 6.45%.
  • Measured over the past years, CHE shows a small growth in Revenue. The Revenue has been growing by 4.63% on average per year.
EPS 1Y (TTM)-3.97%
EPS 3Y6.14%
EPS 5Y10.64%
EPS Q2Q%-6.56%
Revenue 1Y (TTM)6.45%
Revenue growth 3Y4.36%
Revenue growth 5Y4.63%
Sales Q2Q%3.09%

3.2 Future

  • CHE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.13% yearly.
  • The Revenue is expected to grow by 5.17% on average over the next years.
EPS Next Y-3.15%
EPS Next 2Y5.45%
EPS Next 3Y6.13%
EPS Next 5YN/A
Revenue Next Year5.02%
Revenue Next 2Y5.54%
Revenue Next 3Y5.17%
Revenue Next 5YN/A

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 decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
CHE Yearly Revenue VS EstimatesCHE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
CHE Yearly EPS VS EstimatesCHE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15 20 25

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5

4. Valuation

4.1 Price/Earnings Ratio

  • CHE is valuated rather expensively with a Price/Earnings ratio of 19.42.
  • 70.87% of the companies in the same industry are more expensive than CHE, based on the Price/Earnings ratio.
  • CHE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.30.
  • The Price/Forward Earnings ratio is 16.60, which indicates a correct valuation of CHE.
  • CHE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CHE is cheaper than 70.87% of the companies in the same industry.
  • CHE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.42
Fwd PE 16.6
CHE Price Earnings VS Forward Price EarningsCHE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CHE indicates a somewhat cheap valuation: CHE is cheaper than 63.11% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, CHE is valued a bit cheaper than 69.90% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.78
EV/EBITDA 13.74
CHE Per share dataCHE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • CHE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.83
EPS Next 2Y5.45%
EPS Next 3Y6.13%

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6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.54%, CHE is not a good candidate for dividend investing.
  • CHE's Dividend Yield is rather good when compared to the industry average which is at 0.45. CHE pays more dividend than 81.55% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, CHE's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.54%

5.2 History

  • The dividend of CHE is nicely growing with an annual growth rate of 8.02%!
  • CHE has paid a dividend for at least 10 years, which is a reliable track record.
  • CHE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.02%
Div Incr Years16
Div Non Decr Years21
CHE Yearly Dividends per shareCHE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

  • 11.01% of the earnings are spent on dividend by CHE. This is a low number and sustainable payout ratio.
  • CHE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP11.01%
EPS Next 2Y5.45%
EPS Next 3Y6.13%
CHE Yearly Income VS Free CF VS DividendCHE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
CHE Dividend Payout.CHE Dividend Payout, showing the Payout Ratio.CHE Dividend Payout.PayoutRetained Earnings

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CHEMED CORP / CHE FAQ

What is the fundamental rating for CHE stock?

ChartMill assigns a fundamental rating of 7 / 10 to CHE.


What is the valuation status of CHEMED CORP (CHE) stock?

ChartMill assigns a valuation rating of 5 / 10 to CHEMED CORP (CHE). This can be considered as Fairly Valued.


Can you provide the profitability details for CHEMED CORP?

CHEMED CORP (CHE) has a profitability rating of 9 / 10.


Can you provide the financial health for CHE stock?

The financial health rating of CHEMED CORP (CHE) is 9 / 10.


What is the earnings growth outlook for CHEMED CORP?

The Earnings per Share (EPS) of CHEMED CORP (CHE) is expected to decline by -3.15% in the next year.