NZSE:OHE

Stock Analysis Report

Executive Summary

Orion Health Group Limited engages in the development, implementation, hosting, sale, and support of software for the healthcare IT market in New Zealand and internationally.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OHE

2.0%

NZ Healthcare Services

2.0%

NZ Market


1 Year Return

75.7%

OHE

122.5%

NZ Healthcare Services

18.6%

NZ Market


Shareholder returns

OHEIndustryMarket
7 Day0%2.0%2.0%
30 Day1.7%9.4%2.9%
90 Day5.1%9.5%3.1%
1 Year75.7%75.7%123.6%122.5%23.8%18.6%
3 Year-63.6%-64.9%34.4%31.3%56.4%35.9%
5 Yearn/a505.4%452.1%104.3%58.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Orion Health Group undervalued compared to its fair value and its price relative to the market?

49.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OHE is overvalued based on its PB Ratio (49.6x) compared to the XO Healthcare Services industry average (9.5x).


Next Steps

Future Growth

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

34.3%

Forecasted Healthcare industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if OHE's forecast earnings growth is above the savings rate (2.4%).

Earnings vs Market: Insufficient data to determine if OHE's earnings are forecast to grow faster than the NZ market

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Orion Health Group performed over the past 5 years?

-8.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OHE is unprofitable, and losses have increased over the past 5 years at a rate of -8.9% per year.

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

Earnings vs Industry: OHE is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (7.9%).


Return on Equity

High ROE: OHE has a negative Return on Equity (-783.03%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Orion Health Group's financial position?


Financial Position Analysis

Short Term Liabilities: OHE's short term assets (NZ$73.1M) do not cover its short term liabilities (NZ$74.1M)

Long Term Liabilities: OHE's short term assets (73.1M) exceeds its long term liabilities (4.0M)


Debt to Equity History and Analysis

Debt Level: OHE's debt to equity ratio (110.3%) is considered high

Reducing Debt: OHE's debt to equity ratio has increased from 22.8% to 110.3% over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


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: OHE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: OHE has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.1% each year.


Next Steps

Dividend

What is Orion Health Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%3.0%markettop25%5.6%industryaverage1.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Ian McCrae 0

8yrs

Tenure

0

Mr. Ian Richard McCrae founded Orion Health Limited and Orion Health Group Limited in 1993 and has been Chief Executive Officer since March 2011. Mr. McCrae spearheaded the formation of New Zealand's Healt ...


CEO Compensation Analysis

Information is not available.

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


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: OHE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mark Tisdel (52yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
  • Ian McCrae

    Founder

    • Tenure: 8yrs
  • Chris Hobson

    Chief Medical Officer of North America

    • Tenure: 0yrs
  • James Date

    Senior Vice President of Sales

    • Tenure: 0yrs
  • Sean Donoghue

    Senior Vice President of Operations - North America

    • Tenure: 0yrs
  • Greg Balla

    Executive Vice President of People

    • Tenure: 0yrs
  • Dave Leach

    Senior Vice President of Enterprise

    • Tenure: 0yrs
  • Myriam McLoughlin

    Account Director

    • Tenure: 0yrs
  • David Hepburn

    Senior Vice President of Smarter Hospitals

    • Tenure: 0yrs
  • Koren Cryer

    Vice President of Marketing

    • Tenure: 0.8yrs

Board Members

  • Michael Falconer

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: NZ$59.63k
  • Ian McCrae

    Founder

    • Tenure: 8yrs

Company Information

Orion Health Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orion Health Group Limited
  • Ticker: OHE
  • Exchange: NZSE
  • Founded: 1993
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: NZ$110.904m
  • Shares outstanding: 90.17m
  • Website: https://www.orionhealth.com

Number of Employees


Location

  • Orion Health Group Limited
  • Orion House
  • 181 Grafton Road
  • Auckland
  • 1010
  • New Zealand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OHENZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDNov 2014
OHEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2014
OHECHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2014
O04DB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2014

Biography

Orion Health Group Limited engages in the development, implementation, hosting, sale, and support of software for the healthcare IT market in New Zealand and internationally. The company offers Amadeus, a  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/30 10:35
End of Day Share Price2019/03/13 00:00
Earnings2018/09/30
Annual Earnings2018/03/31


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.