MODIVCARE INC (MODV) Stock Fundamental Analysis
NASDAQ:MODV - Nasdaq - US60783X1046 - Common Stock - Currency: USD
We assign a fundamental rating of 2 out of 10 to MODV. MODV was compared to 102 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
MODV had negative earnings in the past year.
MODV had a negative operating cash flow in the past year.
In the past 5 years MODV reported 4 times negative net income.
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 (-13.68%) than 81.37% of its industry peers.
The Return On Invested Capital of MODV (0.67%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for MODV is significantly below the industry average of 9.62%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.68% | ||
| ROE | N/A | ||
| ROIC | 0.67% |
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 0.42%, MODV is in line with its industry, outperforming 41.18% of the companies in the same industry.
In the last couple of years the Operating Margin of MODV has declined.
Looking at the Gross Margin, with a value of 15.15%, MODV is doing worse than 65.69% of the companies in the same industry.
In the last couple of years the Gross Margin of MODV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.42% | ||
| PM (TTM) | N/A | ||
| GM | 15.15% |
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
MODV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MODV has more shares outstanding than it did 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
Based on the Altman-Z score of 1.35, we must say that MODV is in the distress zone and has some risk of bankruptcy.
MODV has a worse Altman-Z score (1.35) than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.35 |
ROIC/WACC0.12
WACC5.56%
2.3 Liquidity
MODV has a Current Ratio of 0.80. This is a bad value and indicates that MODV is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.80, MODV is not doing good in the industry: 79.41% of the companies in the same industry are doing better.
A Quick Ratio of 0.80 indicates that MODV may have some problems paying its short term obligations.
With a Quick ratio value of 0.80, MODV is not doing good in the industry: 72.55% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for MODV have decreased strongly by -126.76% in the last year.
Measured over the past years, MODV shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -21.09% on average per year.
Looking at the last year, MODV shows a decrease in Revenue. The Revenue has decreased by -0.70% in the last year.
The Revenue has been growing by 13.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-126.76%
EPS 3Y-59.43%
EPS 5Y-21.09%
EPS Q2Q%-1800%
Revenue 1Y (TTM)-0.7%
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
The Revenue is expected to grow by 1.85% on average over the next years.
EPS Next Y-561.94%
EPS Next 2Y27.08%
EPS Next 3Y44.24%
EPS Next 5YN/A
Revenue Next Year-5.24%
Revenue Next 2Y-0.3%
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.
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
MODV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 3.88, which indicates a rather cheap valuation of MODV.
MODV's Price/Forward Earnings ratio is rather cheap when compared to the industry. MODV is cheaper than 99.02% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.39. MODV is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MODV indicates a rather cheap valuation: MODV is cheaper than 80.39% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.08 |
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
No dividends for MODV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.26
-0.21 (-6.05%)
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-0.29%
Ins Owners1.41%
Ins Owner Change-8.71%
Market Cap46.78M
Analysts76
Price Target4.88 (49.69%)
Short Float %20.8%
Short Ratio0.82
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)-114.73%
Min EPS beat(2)-235.29%
Max EPS beat(2)5.84%
EPS beat(4)1
Avg EPS beat(4)-94.09%
Min EPS beat(4)-235.29%
Max EPS beat(4)5.84%
EPS beat(8)2
Avg EPS beat(8)-63.41%
EPS beat(12)4
Avg EPS beat(12)-37.21%
EPS beat(16)8
Avg EPS beat(16)-21.06%
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)-1.23%
Revenue beat(4)0
Avg Revenue beat(4)-2.33%
Min Revenue beat(4)-3.73%
Max Revenue beat(4)-1.23%
Revenue beat(8)2
Avg Revenue beat(8)-1.03%
Revenue beat(12)6
Avg Revenue beat(12)0.97%
Revenue beat(16)7
Avg Revenue beat(16)0.31%
PT rev (1m)-19.44%
PT rev (3m)-62.78%
EPS NQ rev (1m)104.55%
EPS NQ rev (3m)-92.1%
EPS NY rev (1m)-582.61%
EPS NY rev (3m)-305.5%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)-8.65%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)-7.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.88 | ||
| P/S | 0.02 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.08 |
EPS(TTM)-1.1
EYN/A
EPS(NY)0.84
Fwd EY25.76%
FCF(TTM)-8.49
FCFYN/A
OCF(TTM)-6.83
OCFYN/A
SpS191.9
BVpS-6.11
TBVpS-72.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.68% | ||
| ROE | N/A | ||
| ROCE | 1.14% | ||
| ROIC | 0.67% | ||
| ROICexc | 0.73% | ||
| ROICexgc | 3.11% | ||
| OM | 0.42% | ||
| PM (TTM) | N/A | ||
| GM | 15.15% | ||
| 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 Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.6 | ||
| Cap/Depr | 22.51% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.35 |
F-Score3
WACC5.56%
ROIC/WACC0.12
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)-0.7%
Revenue growth 3Y11.76%
Revenue growth 5Y13.05%
Sales Q2Q%-4.94%
Revenue Next Year-5.24%
Revenue Next 2Y-0.3%
Revenue Next 3Y1.85%
Revenue Next 5YN/A
EBIT growth 1Y-59.03%
EBIT growth 3Y-46.99%
EBIT growth 5Y-12.71%
EBIT Next Year218.72%
EBIT Next 3Y52.2%
EBIT Next 5YN/A
FCF growth 1Y0.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.91%
OCF growth 3YN/A
OCF growth 5YN/A