WELL Health Technologies Corp.

TSX:WELL Stock Report

Market Cap: CA$1.3b

WELL Health Technologies Valuation

Is WELL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WELL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WELL (CA$5.14) is trading below our estimate of fair value (CA$29.25)

Significantly Below Fair Value: WELL is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for WELL?

Key metric: As WELL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WELL. This is calculated by dividing WELL's market cap by their current earnings.
What is WELL's PE Ratio?
PE Ratio17.4x
EarningsCA$73.43m
Market CapCA$1.25b

Price to Earnings Ratio vs Peers

How does WELL's PE Ratio compare to its peers?

The above table shows the PE ratio for WELL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.3x
AND Andlauer Healthcare Group
25.7xn/aCA$1.7b
VMD Viemed Healthcare
33x49.4%CA$311.8m
SIA Sienna Senior Living
45.3xn/aCA$1.4b
EXE Extendicare
13.4xn/aCA$842.2m
WELL WELL Health Technologies
17.4x-17.4%CA$1.3b

Price-To-Earnings vs Peers: WELL is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (29.3x).


Price to Earnings Ratio vs Industry

How does WELL's PE Ratio compare vs other companies in the North American Healthcare Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
WELL 17.4xIndustry Avg. 25.6xNo. of Companies13PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WELL is good value based on its Price-To-Earnings Ratio (17.4x) compared to the North American Healthcare industry average (25.6x).


Price to Earnings Ratio vs Fair Ratio

What is WELL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WELL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ratio16.9x

Price-To-Earnings vs Fair Ratio: WELL is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WELL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$5.14
CA$7.68
+49.5%
19.5%CA$10.00CA$5.25n/a15
Nov ’25CA$4.39
CA$7.55
+71.9%
19.8%CA$10.00CA$5.00n/a15
Oct ’25CA$4.40
CA$7.61
+73.0%
19.6%CA$10.00CA$5.00n/a15
Sep ’25CA$4.50
CA$7.61
+69.2%
19.6%CA$10.00CA$5.00n/a15
Aug ’25CA$4.70
CA$7.52
+60.0%
21.3%CA$10.00CA$4.75n/a14
Jul ’25CA$4.71
CA$7.52
+59.6%
21.3%CA$10.00CA$4.75n/a14
Jun ’25CA$3.75
CA$7.45
+98.7%
20.8%CA$10.00CA$4.75n/a15
May ’25CA$3.61
CA$7.39
+104.7%
20.5%CA$10.00CA$4.75n/a16
Apr ’25CA$3.67
CA$7.45
+103.1%
22.0%CA$11.00CA$4.75n/a16
Mar ’25CA$4.19
CA$7.44
+77.6%
22.2%CA$11.00CA$4.75n/a17
Feb ’25CA$3.79
CA$7.69
+102.8%
22.5%CA$11.00CA$4.75n/a16
Jan ’25CA$3.85
CA$7.87
+104.3%
20.4%CA$11.00CA$5.25n/a15
Dec ’24CA$3.90
CA$7.87
+101.7%
20.4%CA$11.00CA$5.25n/a15
Nov ’24CA$3.68
CA$8.21
+123.2%
19.9%CA$12.00CA$5.50CA$4.3914
Oct ’24CA$4.15
CA$8.21
+97.9%
19.9%CA$12.00CA$5.50CA$4.4014
Sep ’24CA$4.76
CA$8.21
+72.6%
19.9%CA$12.00CA$5.50CA$4.5014
Aug ’24CA$4.56
CA$8.30
+82.1%
22.7%CA$13.50CA$5.50CA$4.7014
Jul ’24CA$4.75
CA$8.20
+72.6%
23.3%CA$13.50CA$5.50CA$4.7114
Jun ’24CA$5.11
CA$8.25
+61.4%
22.5%CA$13.50CA$5.50CA$3.7515
May ’24CA$5.78
CA$8.00
+38.4%
25.0%CA$13.50CA$5.00CA$3.6114
Apr ’24CA$4.86
CA$7.96
+63.8%
26.0%CA$13.50CA$5.00CA$3.6713
Mar ’24CA$4.33
CA$7.83
+80.8%
27.0%CA$13.50CA$5.00CA$4.1913
Feb ’24CA$3.67
CA$7.70
+109.7%
26.9%CA$13.50CA$5.00CA$3.7914
Jan ’24CA$2.84
CA$7.66
+169.7%
27.1%CA$13.50CA$5.00CA$3.8514
Dec ’23CA$3.12
CA$7.66
+145.5%
27.1%CA$13.50CA$5.00CA$3.9014
Nov ’23CA$3.01
CA$7.96
+164.6%
23.4%CA$13.50CA$6.00CA$3.6814

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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