TSXV:VGL

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Vigil Health Solutions

Executive Summary

Vigil Health Solutions Inc. develops, markets, and distributes hardware and software solutions for care plans and monitoring the aged in Canada and the United States. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Vigil Health Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VGL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-19.1%

VGL

1.5%

CA Healthcare Services

-0.5%

CA Market


1 Year Return

-31.3%

VGL

30.1%

CA Healthcare Services

-3.5%

CA Market

Return vs Industry: VGL underperformed the Canadian Healthcare Services industry which returned 42.8% over the past year.

Return vs Market: VGL underperformed the Canadian Market which returned -4.3% over the past year.


Shareholder returns

VGLIndustryMarket
7 Day-19.1%1.5%-0.5%
30 Day3.8%31.7%3.0%
90 Dayn/a64.9%2.4%
1 Year-31.3%-31.3%30.1%30.1%-0.06%-3.5%
3 Year-62.3%-62.3%-5.9%-5.9%7.1%-3.3%
5 Year66.7%66.7%164.8%162.0%36.8%15.8%

Price Volatility Vs. Market

How volatile is Vigil Health Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vigil Health Solutions undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: VGL (CA$0.28) is trading above our estimate of fair value (CA$0)

Significantly Below Fair Value: VGL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VGL is unprofitable, so we can't compare its PE Ratio to the XN Healthcare Services industry average.

PE vs Market: VGL 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 VGL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VGL is good value based on its PB Ratio (1.2x) compared to the CA Healthcare Services industry average (2.6x).


Next Steps

Future Growth

How is Vigil Health Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.4%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vigil Health Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vigil Health Solutions performed over the past 5 years?

-28.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VGL is currently unprofitable.

Growing Profit Margin: VGL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VGL is unprofitable, and losses have increased over the past 5 years at a rate of 28.2% per year.

Accelerating Growth: Unable to compare VGL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VGL is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (-4.8%).


Return on Equity

High ROE: VGL has a negative Return on Equity (-8.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Vigil Health Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: VGL's short term assets (CA$5.6M) exceed its short term liabilities (CA$2.4M).

Long Term Liabilities: VGL's short term assets (CA$5.6M) exceed its long term liabilities (CA$385.2K).


Debt to Equity History and Analysis

Debt Level: VGL is debt free.

Reducing Debt: VGL had no debt 5 years ago.

Debt Coverage: VGL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VGL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Vigil Health Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VGL'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 VGL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VGL'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 VGL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.2yrs

Average management tenure


CEO

Troy Griffiths

12.58yrs

Tenure

CA$175,200

Compensation

Mr. Troy I. Griffiths, BComm, CMA co-founded Vigil Health Solutions Inc. Mr. Griffiths has been the Chief Executive Officer of Vigil Health Solutions Inc. since March 2008 and its President since March 200 ...


CEO Compensation Analysis

Compensation vs Market: Troy's total compensation ($USD133.45K) is about average for companies of similar size in the Canadian market ($USD171.76K).

Compensation vs Earnings: Troy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Troy Griffiths
CEO, President & Director12.58yrsCA$175.20k5.07%
CA$ 239.5k
Nicola Chalmers
CFO & Secretary14.25yrsCA$106.70k0.97%
CA$ 46.1k
Jacquie Brennan
Vice President of Marketing and Corporate Developmentno datano data1.52%
CA$ 71.8k
Steven Smith
Vice President of Research & Development14.17yrsCA$156.31k7.17%
CA$ 339.1k

14.2yrs

Average Tenure

Experienced Management: VGL's management team is seasoned and experienced (14.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Troy Griffiths
CEO, President & Director12.58yrsCA$175.20k5.07%
CA$ 239.5k
Gregory Peet
Independent Chairman of the Board14.17yrsCA$21.40k32.62%
CA$ 1.5m
Ian Power
Independent Director3.17yrsCA$13.00k0.082%
CA$ 3.9k
Lindsay Ryerson
Independent Director3.17yrsCA$13.00k0.20%
CA$ 9.2k

8.7yrs

Average Tenure

Experienced Board: VGL's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VGL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vigil Health Solutions Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vigil Health Solutions Inc.
  • Ticker: VGL
  • Exchange: TSXV
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: CA$4.729m
  • Shares outstanding: 18.19m
  • Website: https://www.vigil.com

Location

  • Vigil Health Solutions Inc.
  • 2102-4464 Markham Street
  • Victoria
  • British Columbia
  • V8Z 7X8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VGLTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2003
VIGL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2003

Biography

Vigil Health Solutions Inc. develops, markets, and distributes hardware and software solutions for care plans and monitoring the aged in Canada and the United States. The company offers The Vigil Integrate ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 00:55
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.