MODIVCARE INC (MODV) Stock Fundamental Analysis
NASDAQ:MODV - Nasdaq - US60783X1046 - Common Stock - Currency: USD
Overall MODV gets a fundamental rating of 2 out of 10. We evaluated MODV against 102 industry peers in the Health Care Providers & Services industry. Both the profitability and financial health of MODV have multiple concerns. MODV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MODV had negative earnings in the past year.
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
MODV has a worse Return On Assets (-12.17%) than 78.43% of its industry peers.
MODV has a Return On Invested Capital (0.96%) which is comparable to the rest of the industry.
MODV had an Average Return On Invested Capital over the past 3 years of 1.96%. This is significantly below the industry average of 9.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.17% | ||
| ROE | N/A | ||
| ROIC | 0.96% |
ROA(3y)-8.46%
ROA(5y)-4.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)1.96%
ROIC(5y)3.81%
1.3 Margins
Looking at the Operating Margin, with a value of 0.45%, MODV is in line with its industry, outperforming 41.18% of the companies in the same industry.
MODV's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 15.08%, MODV is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
MODV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.45% | ||
| PM (TTM) | N/A | ||
| GM | 15.08% |
OM growth 3Y-52.57%
OM growth 5Y-22.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.08%
GM growth 5Y14.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MODV is destroying value.
The number of shares outstanding for MODV has been increased compared to 1 year ago.
MODV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, MODV has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.43, we must say that MODV is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.43, MODV is doing worse than 62.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.43 |
ROIC/WACC0.18
WACC5.26%
2.3 Liquidity
A Current Ratio of 0.79 indicates that MODV may have some problems paying its short term obligations.
MODV has a Current ratio of 0.79. This is amonst the worse of the industry: MODV underperforms 84.31% of its industry peers.
A Quick Ratio of 0.79 indicates that MODV may have some problems paying its short term obligations.
MODV has a worse Quick ratio (0.79) than 77.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
MODV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -126.76%.
MODV shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.09% yearly.
The Revenue has been growing slightly by 1.32% in the past year.
MODV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.05% yearly.
EPS 1Y (TTM)-126.76%
EPS 3Y-59.43%
EPS 5Y-21.09%
EPS Q2Q%-1800%
Revenue 1Y (TTM)1.32%
Revenue growth 3Y11.76%
Revenue growth 5Y13.05%
Sales Q2Q%-4.94%
3.2 Future
The Earnings Per Share is expected to grow by 44.24% on average over the next years. This is a very strong growth
MODV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.85% yearly.
EPS Next Y-561.94%
EPS Next 2Y27.08%
EPS Next 3Y44.24%
EPS Next 5YN/A
Revenue Next Year-4.68%
Revenue Next 2Y0.14%
Revenue Next 3Y1.85%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MODV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 1.06, the valuation of MODV can be described as very cheap.
Based on the Price/Forward Earnings ratio, MODV is valued cheaply inside the industry as 99.02% of the companies are valued more expensively.
MODV is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.06 |
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 72.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.52 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MODV's earnings are expected to grow with 44.24% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.08%
EPS Next 3Y44.24%
5. Dividend
5.1 Amount
MODV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
0.889
-0.07 (-7.28%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners107.36%
Inst Owner Change-0.54%
Ins Owners1.41%
Ins Owner Change-4.55%
Market Cap12.75M
Analysts80
Price Target6.06 (581.66%)
Short Float %22.73%
Short Ratio5.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.62%
Min EPS beat(2)-43.07%
Max EPS beat(2)5.84%
EPS beat(4)1
Avg EPS beat(4)-71.68%
Min EPS beat(4)-145.64%
Max EPS beat(4)5.84%
EPS beat(8)2
Avg EPS beat(8)-34.86%
EPS beat(12)5
Avg EPS beat(12)-16.99%
EPS beat(16)9
Avg EPS beat(16)-5.26%
Revenue beat(2)0
Avg Revenue beat(2)-2.88%
Min Revenue beat(2)-3.73%
Max Revenue beat(2)-2.03%
Revenue beat(4)1
Avg Revenue beat(4)-1.75%
Min Revenue beat(4)-3.73%
Max Revenue beat(4)1.08%
Revenue beat(8)3
Avg Revenue beat(8)-0.43%
Revenue beat(12)6
Avg Revenue beat(12)1.03%
Revenue beat(16)7
Avg Revenue beat(16)-0.11%
PT rev (1m)8.94%
PT rev (3m)-52.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1263.51%
EPS NY rev (1m)-582.61%
EPS NY rev (3m)-305.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.62%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)-7.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.06 | ||
| P/S | 0 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.52 |
EPS(TTM)-1.1
EYN/A
EPS(NY)0.84
Fwd EY94.47%
FCF(TTM)-2.37
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS194.39
BVpS-2.68
TBVpS-69.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.17% | ||
| ROE | N/A | ||
| ROCE | 1.22% | ||
| ROIC | 0.96% | ||
| ROICexc | 1.08% | ||
| ROICexgc | N/A | ||
| OM | 0.45% | ||
| PM (TTM) | N/A | ||
| GM | 15.08% | ||
| FCFM | N/A |
ROA(3y)-8.46%
ROA(5y)-4.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)1.96%
ROIC(5y)3.81%
ROICexc(3y)2.01%
ROICexc(5y)4.28%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2.56%
ROCE(5y)4.87%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-39.44%
ROICexc growth 5Y-26.6%
OM growth 3Y-52.57%
OM growth 5Y-22.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.08%
GM growth 5Y14.43%
F-Score3
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.09 | ||
| Cap/Depr | 25.24% | ||
| Cap/Sales | 0.99% | ||
| Interest Coverage | 0.16 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.43 |
F-Score3
WACC5.26%
ROIC/WACC0.18
Cap/Depr(3y)32.88%
Cap/Depr(5y)36.51%
Cap/Sales(3y)1.28%
Cap/Sales(5y)1.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-126.76%
EPS 3Y-59.43%
EPS 5Y-21.09%
EPS Q2Q%-1800%
EPS Next Y-561.94%
EPS Next 2Y27.08%
EPS Next 3Y44.24%
EPS Next 5YN/A
Revenue 1Y (TTM)1.32%
Revenue growth 3Y11.76%
Revenue growth 5Y13.05%
Sales Q2Q%-4.94%
Revenue Next Year-4.68%
Revenue Next 2Y0.14%
Revenue Next 3Y1.85%
Revenue Next 5YN/A
EBIT growth 1Y-67.06%
EBIT growth 3Y-46.99%
EBIT growth 5Y-12.71%
EBIT Next Year223.7%
EBIT Next 3Y52.2%
EBIT Next 5YN/A
FCF growth 1Y72.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y92.28%
OCF growth 3YN/A
OCF growth 5YN/A