CONCENTRA GROUP HOLDINGS PAR (CON) Stock Fundamental Analysis
NYSE:CON - New York Stock Exchange, Inc. - US20603L1026 - Common Stock - Currency: USD
CON gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 103 industry peers in the Health Care Providers & Services industry. While CON is still in line with the averages on profitability rating, there are concerns on its financial health. CON has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CON was profitable.
CON had a positive operating cash flow in the past year.
1.2 Ratios
CON's Return On Assets of 5.73% is amongst the best of the industry. CON outperforms 82.52% of its industry peers.
The Return On Equity of CON (50.96%) is better than 98.06% of its industry peers.
With an excellent Return On Invested Capital value of 11.26%, CON belongs to the best of the industry, outperforming 86.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CON is significantly above the industry average of 9.72%.
The last Return On Invested Capital (11.26%) for CON is well below the 3 year average (23.70%), which needs to be investigated, but indicates that CON had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 50.96% | ||
| ROIC | 11.26% |
ROA(3y)14.38%
ROA(5y)N/A
ROE(3y)62.08%
ROE(5y)N/A
ROIC(3y)23.71%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 8.09%, CON belongs to the top of the industry, outperforming 89.32% of the companies in the same industry.
In the last couple of years the Profit Margin of CON has declined.
CON has a Operating Margin of 16.01%. This is amongst the best in the industry. CON outperforms 90.29% of its industry peers.
In the last couple of years the Operating Margin of CON has declined.
The Gross Margin of CON (27.98%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CON has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.01% | ||
| PM (TTM) | 8.09% | ||
| GM | 27.98% |
OM growth 3Y-3.12%
OM growth 5YN/A
PM growth 3Y-10.09%
PM growth 5YN/A
GM growth 3Y-1.93%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CON is creating value.
Compared to 1 year ago, CON has more shares outstanding
CON has a worse debt/assets ratio than last year.
2.2 Solvency
CON has an Altman-Z score of 1.76. This is a bad value and indicates that CON is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.76, CON perfoms like the industry average, outperforming 42.72% of the companies in the same industry.
The Debt to FCF ratio of CON is 9.13, which is on the high side as it means it would take CON, 9.13 years of fcf income to pay off all of its debts.
CON has a Debt to FCF ratio (9.13) which is in line with its industry peers.
CON has a Debt/Equity ratio of 5.27. This is a high value indicating a heavy dependency on external financing.
CON has a worse Debt to Equity ratio (5.27) than 82.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.27 | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.24
WACC9.07%
2.3 Liquidity
A Current Ratio of 1.10 indicates that CON should not have too much problems paying its short term obligations.
CON has a Current ratio of 1.10. This is in the lower half of the industry: CON underperforms 67.96% of its industry peers.
CON has a Quick Ratio of 1.10. This is a normal value and indicates that CON is financially healthy and should not expect problems in meeting its short term obligations.
CON's Quick ratio of 1.10 is on the low side compared to the rest of the industry. CON is outperformed by 62.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.72% over the past year.
CON shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.99% yearly.
The Revenue has been growing slightly by 3.38% in the past year.
Measured over the past years, CON shows a small growth in Revenue. The Revenue has been growing by 3.14% on average per year.
EPS 1Y (TTM)2.72%
EPS 3Y-3.99%
EPS 5YN/A
EPS Q2Q%-20.56%
Revenue 1Y (TTM)3.38%
Revenue growth 3Y3.14%
Revenue growth 5YN/A
Sales Q2Q%7.09%
3.2 Future
CON is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.86% yearly.
CON is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.62% yearly.
EPS Next Y-3.41%
EPS Next 2Y6.77%
EPS Next 3Y8.86%
EPS Next 5YN/A
Revenue Next Year12.14%
Revenue Next 2Y9.79%
Revenue Next 3Y8.62%
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 accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.85, the valuation of CON can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of CON indicates a somewhat cheap valuation: CON is cheaper than 76.70% of the companies listed in the same industry.
CON is valuated rather cheaply when we compare the Price/Earnings ratio to 27.91, which is the current average of the S&P500 Index.
CON is valuated correctly with a Price/Forward Earnings ratio of 12.59.
Based on the Price/Forward Earnings ratio, CON is valued a bit cheaper than 77.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CON to the average of the S&P500 Index (37.11), we can say CON is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.85 | ||
| Fwd PE | 12.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CON is valued a bit cheaper than 62.14% of the companies in the same industry.
72.82% of the companies in the same industry are more expensive than CON, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.47 | ||
| EV/EBITDA | 11.13 |
4.3 Compensation for Growth
CON has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.77%
EPS Next 3Y8.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.27%, CON has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.61, CON pays a better dividend. On top of this CON pays more dividend than 85.44% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, CON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
CON does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
CON pays out 5.09% of its income as dividend. This is a sustainable payout ratio.
DP5.09%
EPS Next 2Y6.77%
EPS Next 3Y8.86%
20.2
+0.1 (+0.5%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners83.4%
Inst Owner Change-0.07%
Ins Owners7.38%
Ins Owner Change0%
Market Cap2.59B
Analysts81.67
Price Target28.27 (39.95%)
Short Float %2.21%
Short Ratio3.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP5.09%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.91%
Min EPS beat(2)0.58%
Max EPS beat(2)1.24%
EPS beat(4)4
Avg EPS beat(4)1.51%
Min EPS beat(4)0.58%
Max EPS beat(4)3.19%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.45%
Min Revenue beat(2)-0.78%
Max Revenue beat(2)-0.12%
Revenue beat(4)0
Avg Revenue beat(4)-0.87%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)-0.12%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0.52%
EPS NQ rev (1m)-0.33%
EPS NQ rev (3m)-1.31%
EPS NY rev (1m)0.19%
EPS NY rev (3m)1.32%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)1.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.85 | ||
| Fwd PE | 12.59 | ||
| P/S | 1.34 | ||
| P/FCF | 14.47 | ||
| P/OCF | 10.71 | ||
| P/B | 8.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.13 |
EPS(TTM)1.36
EY6.73%
EPS(NY)1.6
Fwd EY7.94%
FCF(TTM)1.4
FCFY6.91%
OCF(TTM)1.89
OCFY9.34%
SpS15.08
BVpS2.4
TBVpS-10.82
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.73% | ||
| ROE | 50.96% | ||
| ROCE | 12.85% | ||
| ROIC | 11.26% | ||
| ROICexc | 11.51% | ||
| ROICexgc | 40.95% | ||
| OM | 16.01% | ||
| PM (TTM) | 8.09% | ||
| GM | 27.98% | ||
| FCFM | 9.25% |
ROA(3y)14.38%
ROA(5y)N/A
ROE(3y)62.08%
ROE(5y)N/A
ROIC(3y)23.71%
ROIC(5y)N/A
ROICexc(3y)24.7%
ROICexc(5y)N/A
ROICexgc(3y)89.31%
ROICexgc(5y)N/A
ROCE(3y)27.06%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.12%
OM growth 5YN/A
PM growth 3Y-10.09%
PM growth 5YN/A
GM growth 3Y-1.93%
GM growth 5YN/A
F-Score4
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.27 | ||
| Debt/FCF | 9.13 | ||
| Debt/EBITDA | 4.32 | ||
| Cap/Depr | 96.2% | ||
| Cap/Sales | 3.25% | ||
| Interest Coverage | 3.98 | ||
| Cash Conversion | 64.49% | ||
| Profit Quality | 114.33% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 1.76 |
F-Score4
WACC9.07%
ROIC/WACC1.24
Cap/Depr(3y)84.37%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.64%
Cap/Sales(5y)N/A
Profit Quality(3y)135.77%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.72%
EPS 3Y-3.99%
EPS 5YN/A
EPS Q2Q%-20.56%
EPS Next Y-3.41%
EPS Next 2Y6.77%
EPS Next 3Y8.86%
EPS Next 5YN/A
Revenue 1Y (TTM)3.38%
Revenue growth 3Y3.14%
Revenue growth 5YN/A
Sales Q2Q%7.09%
Revenue Next Year12.14%
Revenue Next 2Y9.79%
Revenue Next 3Y8.62%
Revenue Next 5YN/A
EBIT growth 1Y6.25%
EBIT growth 3Y-0.08%
EBIT growth 5YN/A
EBIT Next Year37.41%
EBIT Next 3Y18.37%
EBIT Next 5YN/A
FCF growth 1Y21.47%
FCF growth 3Y-3.19%
FCF growth 5YN/A
OCF growth 1Y17.23%
OCF growth 3Y-1.87%
OCF growth 5YN/A