TSXV:VGL

Stock Analysis Report

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.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

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


Market Performance


7 Day Return

-2.9%

VGL

6.8%

CA Healthcare Services

0.1%

CA Market


1 Year Return

-20.9%

VGL

-25.9%

CA Healthcare Services

1.6%

CA Market

Return vs Industry: VGL matched the Canadian Healthcare Services industry which returned -25.9% over the past year.

Return vs Market: VGL underperformed the Canadian Market which returned 1.6% over the past year.


Shareholder returns

VGLIndustryMarket
7 Day-2.9%6.8%0.1%
30 Day-31.3%2.5%-2.9%
90 Day6.3%25.6%-1.4%
1 Year-20.9%-20.9%-25.9%-25.9%5.2%1.6%
3 Year-32.0%-32.0%2.2%2.2%13.8%3.7%
5 Year44.7%44.7%49.7%48.6%25.3%7.2%

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?

81.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: VGL (CA$0.34) is trading above our estimate of fair value (CA$0.01)

Significantly Undervalued: VGL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VGL is poor value based on its PE Ratio (81x) compared to the Healthcare Services industry average (64.5x).

PE vs Market: VGL is poor value based on its PE Ratio (81x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

Low 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 overvalued based on its PB Ratio (1.3x) compared to the CA Healthcare Services industry average (1.2x).


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?

21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VGL's forecast earnings growth (21.3% per year) is above the savings rate (1.9%).

Earnings vs Market: VGL's earnings (21.3% per year) are forecast to grow faster than the Canadian market (13.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if VGL's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if VGL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if VGL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

15.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VGL's earnings have grown by 15% per year over the past 5 years.

Accelerating Growth: VGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VGL had negative earnings growth (-80.1%) over the past year, making it difficult to compare to the Healthcare Services industry average (-1.2%).


Return on Equity

High ROE: VGL's Return on Equity (1.7%) is considered low.


Return on Assets

ROA vs Industry: VGL's Return on Assets is below or equal to the Healthcare Services industry average last year.


Return on Capital Employed

ROCE Improving: VGL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Vigil Health Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: VGL's short term assets (CA$5.0M) exceeds its short term liabilities (CA$1.5M)

Long Term Liabilities: VGL has no long term liabilities


Debt to Equity History and Analysis

Debt Level: VGL is debt free.

Reducing Debt: VGL has not had any debt for past 5 years.

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

Inventory Level: VGL has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if VGL's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Vigil Health Solutions's salary, the management and board of directors tenure and is there insider trading?

13.2yrs

Average management tenure


CEO

Troy Griffiths 0

11.6yrs

Tenure

CA$251,385

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 ($USD0.00) is too low to compare against companies of similar size in the Canadian market ($USD121.84K).

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


Management Age and Tenure

13.2yrs

Average Tenure

Experienced Management: VGL's management team is seasoned and experienced (13.2 years average tenure).


Board Age and Tenure

7.7yrs

Average Tenure

Experienced Board: VGL's board of directors are considered experienced (7.7 years average tenure).


Insider Trading

Insider Buying: VGL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$144,27504 Sep 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares497,500
Max PriceCA$0.29
BuyCA$28023 Aug 19
Lindsay Ryerson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceCA$0.28
BuyCA$6,00022 Aug 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.30
BuyCA$4,50014 Jul 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares15,000
Max PriceCA$0.30
BuyCA$6,20028 Jun 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares20,000
Max PriceCA$0.31
BuyCA$21,00026 Jun 19
Enright Wayne
EntityIndividual
Shares70,000
Max PriceCA$0.30
BuyCA$83224 Jun 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares2,500
Max PriceCA$0.35
BuyCA$15,90023 Jun 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares53,000
Max PriceCA$0.30
BuyCA$6,68229 Mar 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares21,500
Max PriceCA$0.32
BuyCA$7,03316 Mar 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares22,000
Max PriceCA$0.32
BuyCA$16010 Mar 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares500
Max PriceCA$0.32
BuyCA$9,11001 Mar 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares28,500
Max PriceCA$0.32
BuyCA$9,59825 Feb 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares30,000
Max PriceCA$0.32
BuyCA$9,36001 Jan 19
Gregory Peet
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares26,000
Max PriceCA$0.36

Ownership Breakdown


Management Team

  • Troy Griffiths

    CEO, President & Director

    • Tenure: 11.6yrs
    • Compensation: CA$251.39k
  • Nicola Chalmers

    CFO & Secretary

    • Tenure: 13.3yrs
    • Compensation: CA$117.30k
  • Steven Smith

    Vice President of Research & Development

    • Tenure: 13.2yrs
    • Compensation: CA$156.31k
  • Jacquie Brennan

    Vice President of Marketing and Corporate Development

    • Tenure: 0yrs

Board Members

  • Greg Peet (65yo)

    Chairman of the Board

    • Tenure: 13.2yrs
    • Compensation: CA$41.00k
  • Ian Power

    Director

    • Tenure: 2.2yrs
    • Compensation: CA$25.25k
  • Troy Griffiths

    CEO, President & Director

    • Tenure: 11.6yrs
    • Compensation: CA$251.39k
  • Lindsay Ryerson

    Director

    • Tenure: 2.2yrs
    • Compensation: CA$25.25k

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$6.131m
  • Shares outstanding: 18.03m
  • 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 Analysis2019/10/17 23:39
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.