TSXV:VHI

Stock Analysis Report

Executive Summary

VitalHub Corp., together with its subsidiaries, develops and supports healthcare information systems in the mental health, long term care, community health service, and hospital sectors in Canada and the United States.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Vitalhub's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.2%

VHI

6.8%

CA Healthcare Services

0.1%

CA Market


1 Year Return

14.3%

VHI

-25.9%

CA Healthcare Services

1.6%

CA Market

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

Return vs Market: VHI exceeded the Canadian Market which returned 1.6% over the past year.


Shareholder returns

VHIIndustryMarket
7 Day3.2%6.8%0.1%
30 Day-20.0%2.5%-2.9%
90 Day3.2%25.6%-1.4%
1 Year14.3%14.3%-25.9%-25.9%5.2%1.6%
3 Yearn/a2.2%2.2%13.8%3.7%
5 Yearn/a49.7%48.6%25.3%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Vitalhub undervalued compared to its fair value and its price relative to the market?

1.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate VHI's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate VHI's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: VHI is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate VHI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VHI is overvalued based on its PB Ratio (1.9x) compared to the CA Healthcare Services industry average (1.2x).


Next Steps

Future Growth

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

27.8%

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 Vitalhub 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 Vitalhub performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VHI is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.

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

Earnings vs Industry: VHI is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (-1.2%).


Return on Equity

High ROE: VHI has a negative Return on Equity (-4.06%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: VHI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: VHI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Vitalhub's financial position?


Financial Position Analysis

Short Term Liabilities: VHI's short term assets (CA$7.9M) exceeds its short term liabilities (CA$6.3M)

Long Term Liabilities: VHI's short term assets (7.9M) exceeds its long term liabilities (3.9M)


Debt to Equity History and Analysis

Debt Level: VHI's debt to equity ratio (16.9%) is considered satisfactory

Reducing Debt: Insufficient data to determine if VHI's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: VHI has a low level of unsold assets or inventory.

Debt Coverage by Assets: VHI's debt is covered by short term assets (assets are 3.405370x debt).


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: VHI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: VHI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -18% each year


Next Steps

Dividend

What is Vitalhub'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 VHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if VHI'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 VHI'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 Vitalhub's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Dan Matlow (56yo)

2.9yrs

Tenure

CA$324,696

Compensation

Mr. Daniel Matlow, also known as Dan, has been the President and Chief Executive Officer at VitalHub Corp. since November 28, 2016. Mr. Matlow served as the Chief Executive Officer and President of Medworx ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Dan's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.8yrs

Average Tenure

Experienced Management: VHI's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

2.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: VHI's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

BuyCA$16,86830 Sep 19
Francis Shen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares90,000
Max PriceCA$0.19
BuyCA$345,35606 Sep 19
Francis Shen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,935,000
Max PriceCA$0.18
BuyCA$199,80004 Sep 19
Francis Shen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,110,000
Max PriceCA$0.18

Ownership Breakdown


Management Team

  • Dan Matlow (56yo)

    President

    • Tenure: 2.9yrs
    • Compensation: CA$324.70k
  • Niels Tofting

    Executive Vice President of Business Development & Marketing

    • Tenure: 1.9yrs
    • Compensation: CA$244.72k
  • Brian Goffenberg

    CFO & Executive VP

    • Tenure: 2.9yrs
    • Compensation: CA$246.64k
  • Robert Lazar

    Executive Vice President of Professional Services & Support

    • Tenure: 2.8yrs
  • Vijit Coomara

    Executive Vice President of Product Development

    • Tenure: 2.8yrs
    • Compensation: CA$227.50k

Board Members

  • Chris Schnarr (52yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: CA$13.13k
  • Francis Shen (61yo)

    Director

    • Tenure: 0.4yrs
  • Tony Shen (62yo)

    Board Observer

    • Tenure: 0.4yrs
  • Steve Garrington (64yo)

    Independent Director

    • Tenure: 2.9yrs
    • Compensation: CA$7.50k
  • Dan Matlow (56yo)

    President

    • Tenure: 2.9yrs
    • Compensation: CA$324.70k
  • Roger Dent

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: CA$13.13k
  • Barry Tissenbaum (74yo)

    Independent Director

    • Tenure: 2.9yrs
    • Compensation: CA$13.13k

Company Information

Vitalhub Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vitalhub Corp.
  • Ticker: VHI
  • Exchange: TSXV
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: CA$25.584m
  • Shares outstanding: 159.90m
  • Website: https://vitalhub.com

Number of Employees


Location

  • Vitalhub Corp.
  • 480 University Avenue
  • Suite 1001
  • Toronto
  • Ontario
  • M5G 1V2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VHITSXV (TSX Venture Exchange)YesClass A SharesCACADNov 2016
6OVDB (Deutsche Boerse AG)YesClass A SharesDEEURNov 2016

Biography

VitalHub Corp., together with its subsidiaries, develops and supports healthcare information systems in the mental health, long term care, community health service, and hospital sectors in Canada and the U ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:46
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.