MODIVCARE INC (MODV)
US60783X1046 - Common Stock
MODV gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 118 industry peers in the Health Care Providers & Services industry. MODV has a bad profitability rating. Also its financial health evaluation is rather negative. MODV has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MODV was profitable.
In the past year MODV has reported a negative cash flow from operations.
MODV had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: MODV reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of -12.63%, MODV is not doing good in the industry: 68.38% of the companies in the same industry are doing better.
MODV's Return On Equity of -163.98% is on the low side compared to the rest of the industry. MODV is outperformed by 79.49% of its industry peers.
MODV has a Return On Invested Capital of 1.64%. This is comparable to the rest of the industry: MODV outperforms 48.72% of its industry peers.
MODV had an Average Return On Invested Capital over the past 3 years of 3.11%. This is significantly below the industry average of 8.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.63% | ||
| ROE | -163.98% | ||
| ROIC | 1.64% |
ROA(3y)-4.51%
ROA(5y)-2.36%
ROE(3y)-47.21%
ROE(5y)-26.92%
ROIC(3y)3.11%
ROIC(5y)4.49%
1.3 Margins
Looking at the Operating Margin, with a value of 1.01%, MODV is in line with its industry, outperforming 50.43% of the companies in the same industry.
In the last couple of years the Operating Margin of MODV has declined.
With a Gross Margin value of 15.72%, MODV is not doing good in the industry: 70.09% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of MODV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.01% | ||
| PM (TTM) | N/A | ||
| GM | 15.72% |
OM growth 3Y-46.23%
OM growth 5Y-13.75%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.58%
GM growth 5Y18.19%
2. Health
2.1 Basic Checks
MODV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for MODV remains at a similar level compared to 1 year ago.
MODV has more shares outstanding than it did 5 years ago.
MODV has a worse debt/assets ratio than last year.
2.2 Solvency
MODV has an Altman-Z score of 1.64. This is a bad value and indicates that MODV is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.64, MODV is in line with its industry, outperforming 51.28% of the companies in the same industry.
MODV has a Debt/Equity ratio of 8.14. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of MODV (8.14) is worse than 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.14 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.64 |
ROIC/WACC0.22
WACC7.44%
2.3 Liquidity
A Current Ratio of 0.75 indicates that MODV may have some problems paying its short term obligations.
With a Current ratio value of 0.75, MODV is not doing good in the industry: 82.05% of the companies in the same industry are doing better.
MODV has a Quick Ratio of 0.75. This is a bad value and indicates that MODV is not financially healthy enough and could expect problems in meeting its short term obligations.
MODV has a Quick ratio of 0.75. This is in the lower half of the industry: MODV underperforms 75.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for MODV have decreased strongly by -42.36% in the last year.
Measured over the past years, MODV shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.87% on average per year.
The Revenue has been growing slightly by 6.99% in the past year.
Measured over the past years, MODV shows a quite strong growth in Revenue. The Revenue has been growing by 14.71% on average per year.
EPS 1Y (TTM)-42.36%
EPS 3Y-6.06%
EPS 5Y17.87%
EPS growth Q2Q-106.34%
Revenue 1Y (TTM)6.99%
Revenue growth 3Y26.2%
Revenue growth 5Y14.71%
Revenue growth Q2Q3.34%
3.2 Future
MODV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.17% yearly.
MODV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.25% yearly.
EPS Next Y-21.99%
EPS Next 2Y2.03%
EPS Next 3Y8.17%
EPS Next 5YN/A
Revenue Next Year1.71%
Revenue Next 2Y4.57%
Revenue Next 3Y5.25%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 6.69, the valuation of MODV can be described as very cheap.
Based on the Price/Earnings ratio, MODV is valued cheaply inside the industry as 96.58% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.15. MODV is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 4.70, the valuation of MODV can be described as very cheap.
98.29% of the companies in the same industry are more expensive than MODV, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MODV to the average of the S&P500 Index (20.20), we can say MODV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 4.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MODV indicates a somewhat cheap valuation: MODV is cheaper than 77.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.25 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.37
EPS Next 2Y2.03%
EPS Next 3Y8.17%
5. Dividend
5.1 Amount
No dividends for MODV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MODIVCARE INC
NASDAQ:MODV (5/17/2024, 7:14:07 PM)
After market: 27.13 -0.38 (-1.38%)27.51
-0.34 (-1.22%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap390.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
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EPS NY rev (1m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 4.7 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.63% | ||
| ROE | -163.98% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.01% | ||
| PM (TTM) | N/A | ||
| GM | 15.72% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.14 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-42.36%
EPS 3Y-6.06%
EPS 5Y
EPS growth Q2Q
EPS Next Y-21.99%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)6.99%
Revenue growth 3Y26.2%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y