CareRx Corporation provides specialty pharmacy services to seniors in Canada. More Details
Slightly overvalued with concerning outlook.
Share Price & News
How has CareRx's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRRX has not had significant price volatility in the past 3 months.
7 Day Return
CA Consumer Retailing
1 Year Return
CA Consumer Retailing
Return vs Industry: CRRX exceeded the Canadian Consumer Retailing industry which returned 5.6% over the past year.
Return vs Market: CRRX exceeded the Canadian Market which returned -4.3% over the past year.
Price Volatility Vs. Market
How volatile is CareRx's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCareRx Corporation (TSE:CRRX) Insiders Increased Their Holdings
3 months ago | Simply Wall StCareRx (TSE:CRRX) Share Prices Have Dropped 69% In The Last Three Years
6 months ago | Simply Wall StNews Flash: Analysts Just Made A Stunning Upgrade To Their Centric Health Corporation (TSE:CHH) Forecasts
Is CareRx undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRRX (CA$4) is trading below our estimate of fair value (CA$28.39)
Significantly Below Fair Value: CRRX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRRX is unprofitable, so we can't compare its PE Ratio to the CA Consumer Retailing industry average.
PE vs Market: CRRX is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRRX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRRX has negative assets, so we can't compare its PB Ratio to the CA Consumer Retailing industry average.
How is CareRx forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CRRX's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CRRX's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CRRX's revenue (17.3% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: CRRX's revenue (17.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CRRX's Return on Equity is forecast to be high in 3 years time
How has CareRx performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRRX is currently unprofitable.
Growing Profit Margin: CRRX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CRRX is unprofitable, and losses have increased over the past 5 years at a rate of 0.5% per year.
Accelerating Growth: Unable to compare CRRX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRRX is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (35.3%).
Return on Equity
High ROE: CRRX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is CareRx's financial position?
Financial Position Analysis
Short Term Liabilities: CRRX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CRRX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRRX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CRRX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CRRX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CRRX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is CareRx current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRRX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CRRX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRRX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CRRX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. David Murphy has been the President at Cardinal Health Canada Inc. since April 2016 to 2018. He has been the President and Chief Executive Officer at CareRx Corporation (formerly known as Centric Healt ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD903.25K) is above average for companies of similar size in the Canadian market ($USD171.76K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||1.92yrs||CA$482.45k||0.025% |
|VP, General Counsel & Corporate Secretary||3.08yrs||CA$446.70k||0.010% |
|Chief Human Resources Officer||2yrs||CA$382.40k||no data|
|Chief Operating Officer||0.42yr||no data||0.39% |
|Head of Catastrophic Injury Assessment Field||14.5yrs||no data||no data|
|VP & GM of Western Canada for the Specialty Pharmacy Division||3.75yrs||CA$234.67k||0.17% |
Experienced Management: CRRX's management team is considered experienced (2.4 years average tenure).
|Independent Member of the Board of Directors||1.25yrs||CA$48.00k||0.41% |
|Director||0.42yr||no data||0.20% |
|Chairman Emeritus||2.33yrs||CA$94.80k||3.52% |
|Independent Director||0.33yr||no data||no data|
|Independent Director||1.58yrs||CA$47.30k||no data|
|Independent Chairman of the Board||2.33yrs||CA$145.60k||0.57% |
|Director||0.42yr||no data||no data|
Experienced Board: CRRX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CRRX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 128.3%.
CareRx Corporation's company bio, employee growth, exchange listings and data sources
- Name: CareRx Corporation
- Ticker: CRRX
- Exchange: TSX
- Founded: 2001
- Industry: Drug Retail
- Sector: Consumer Retailing
- Market Cap: CA$98.755m
- Shares outstanding: 24.69m
- Website: https://www.carerx.ca
Number of Employees
- CareRx Corporation
- 20 Eglinton Avenue West
- Suite 2100
- M4R 1K8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CRRX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jun 2003|
|CHHH.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 2003|
|29C1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 2003|
CareRx Corporation provides specialty pharmacy services to seniors in Canada. The company operates a network of pharmacy fulfilment centers that provide chronic medication and other specialty clinical phar ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 00:14|
|End of Day Share Price||2020/10/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.