We assign a fundamental rating of 6 out of 10 to VMD. VMD was compared to 103 industry peers in the Health Care Providers & Services industry. While VMD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. VMD is growing strongly while it is still valued neutral. This is a good combination! These ratings could make VMD a good candidate for growth investing.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

In the past year VMD was profitable.
In the past year VMD had a positive cash flow from operations.
In the past 5 years VMD has always been profitable.
Each year in the past 5 years VMD had a positive operating cash flow.

1.2 Ratios

VMD has a Return On Assets of 6.73%. This is amongst the best in the industry. VMD outperforms 87.38% of its industry peers.
Looking at the Return On Equity, with a value of 10.19%, VMD is in the better half of the industry, outperforming 72.82% of the companies in the same industry.
VMD has a Return On Invested Capital of 7.79%. This is in the better half of the industry: VMD outperforms 73.79% of its industry peers.
VMD had an Average Return On Invested Capital over the past 3 years of 7.66%. This is in line with the industry average of 9.16%.
The last Return On Invested Capital (7.79%) for VMD is above the 3 year average (7.66%), which is a sign of increasing profitability.

		Industry Rank	Sector Rank
ROA	6.73%
ROE	10.19%
ROIC	7.8%

ROA(3y)6.09%

ROA(5y)10.79%

ROE(3y)7.98%

ROE(5y)14.42%

ROIC(3y)7.66%

ROIC(5y)10.17%

1.3 Margins

The Profit Margin of VMD (5.34%) is better than 79.61% of its industry peers.
VMD's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 6.83%, VMD is doing good in the industry, outperforming 71.84% of the companies in the same industry.
In the last couple of years the Operating Margin of VMD has declined.
With an excellent Gross Margin value of 57.89%, VMD belongs to the best of the industry, outperforming 80.58% of the companies in the same industry.
In the last couple of years the Gross Margin of VMD has declined.

		Industry Rank	Sector Rank
OM	6.83%
PM (TTM)	5.34%
GM	57.89%

OM growth 3Y-11.38%

OM growth 5Y-8.84%

PM growth 3Y-13.54%

PM growth 5Y-13.85%

GM growth 3Y-1.78%

GM growth 5Y-3.16%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VMD is destroying value.
VMD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for VMD has been increased compared to 5 years ago.
VMD has a better debt/assets ratio than last year.

2.2 Solvency

VMD has an Altman-Z score of 4.79. This indicates that VMD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.79, VMD belongs to the best of the industry, outperforming 81.55% of the companies in the same industry.
VMD has a debt to FCF ratio of 3.93. This is a good value and a sign of high solvency as VMD would need 3.93 years to pay back of all of its debts.
VMD's Debt to FCF ratio of 3.93 is fine compared to the rest of the industry. VMD outperforms 71.84% of its industry peers.
VMD has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
VMD has a better Debt to Equity ratio (0.15) than 72.82% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.15
Debt/FCF	3.93
Altman-Z	4.79

ROIC/WACC0.87

WACC8.97%

2.3 Liquidity

A Current Ratio of 1.13 indicates that VMD should not have too much problems paying its short term obligations.
VMD has a worse Current ratio (1.13) than 61.16% of its industry peers.
VMD has a Quick Ratio of 1.01. This is a normal value and indicates that VMD is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of VMD (1.01) is worse than 64.08% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	1.13
Quick Ratio	1.01

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

VMD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.22%, which is quite impressive.
Measured over the past 5 years, VMD shows a small growth in Earnings Per Share. The EPS has been growing by 4.01% on average per year.
The Revenue has grown by 18.90% in the past year. This is quite good.
VMD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.80% yearly.

EPS 1Y (TTM)22.22%

EPS 3Y8.37%

EPS 5Y4.01%

EPS Q2Q%-10%

Revenue 1Y (TTM)18.9%

Revenue growth 3Y24.18%

Revenue growth 5Y22.8%

Sales Q2Q%23.98%

3.2 Future

The Earnings Per Share is expected to grow by 30.77% on average over the next years. This is a very strong growth
Based on estimates for the next years, VMD will show a quite strong growth in Revenue. The Revenue will grow by 19.73% on average per year.

EPS Next Y24.45%

EPS Next 2Y30.21%

EPS Next 3Y30.77%

EPS Next 5YN/A

Revenue Next Year21.57%

Revenue Next 2Y21.93%

Revenue Next 3Y19.73%

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 stable: in the next years the growth will be about the same than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 23.24, the valuation of VMD can be described as rather expensive.
VMD's Price/Earnings ratio is a bit cheaper when compared to the industry. VMD is cheaper than 65.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.32, VMD is valued at the same level.
With a Price/Forward Earnings ratio of 16.16, VMD is valued correctly.
VMD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VMD is cheaper than 73.79% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, VMD is valued a bit cheaper.

		Industry Rank	Sector Rank
PE	23.24
Fwd PE	16.16

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, VMD is valued cheaply inside the industry as 85.44% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VMD is on the same level as its industry peers.

		Industry Rank	Sector Rank
P/FCF	54.15
EV/EBITDA	6.73

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VMD has a very decent profitability rating, which may justify a higher PE ratio.
VMD's earnings are expected to grow with 30.77% in the coming years. This may justify a more expensive valuation.