company background image
RAD

Radius Residential CareNZSE:RAD Stock Report

Market Cap

NZ$145.4m

7D

-1.9%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
RAD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends1/6

RAD Overview

Radius Residential Care Limited provides health and aged care services for elderly and disabled people in New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Radius Residential Care
Historical stock prices
Current Share PriceNZ$0.53
52 Week HighNZ$0.50
52 Week LowNZ$1.82
Beta0
1 Month Change0%
3 Month Change-10.17%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-76.91%

Recent News & Updates

Shareholder Returns

RADNZ HealthcareNZ Market
7D-1.9%0.4%0.5%
1Yn/a16.7%2.1%

Return vs Industry: Insufficient data to determine how RAD performed against the NZ Healthcare industry.

Return vs Market: Insufficient data to determine how RAD performed against the NZ Market.

Price Volatility

Is RAD's price volatile compared to industry and market?
RAD volatility
RAD Beta0
Industry Beta0.66
Market Beta1

Stable Share Price: RAD is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RAD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20031,560Brien Creehttps://radiuscare.co.nz

Radius Residential Care Limited provides health and aged care services for elderly and disabled people in New Zealand. It offers residential, hospital, dementia, respite, and palliative care services. The company also provides rest home and private hospital care services; walking sticks, wheelchairs, rehabilitation chairs, etc. through online shop; and bedroom and bathroom equipment, such as bed protectors and shower aids.

Radius Residential Care Fundamentals Summary

How do Radius Residential Care's earnings and revenue compare to its market cap?
RAD fundamental statistics
Market CapNZ$145.39m
Earnings (TTM)NZ$1.71m
Revenue (TTM)NZ$122.30m

83.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAD income statement (TTM)
RevenueNZ$122.30m
Cost of RevenueNZ$0
Gross ProfitNZ$122.30m
ExpensesNZ$120.59m
EarningsNZ$1.71m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0063
Gross Margin100.00%
Net Profit Margin1.39%
Debt/Equity Ratio112.9%

How did RAD perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

108%

Payout Ratio

Valuation

Is Radius Residential Care undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RAD (NZ$0.53) is trading below our estimate of fair value (NZ$1.28)

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


Price To Earnings Ratio

PE vs Industry: RAD is poor value based on its PE Ratio (83.7x) compared to the NZ Healthcare industry average (17.4x).

PE vs Market: RAD is poor value based on its PE Ratio (83.7x) compared to the NZ market (22.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RAD is overvalued based on its PB Ratio (5.9x) compared to the NZ Healthcare industry average (3.3x).


Future Growth

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

1.4%

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 Radius Residential Care 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.


Past Performance

How has Radius Residential Care performed over the past 5 years?

-42.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RAD has a large one-off gain of NZ$2.9M impacting its March 31 2021 financial results.

Growing Profit Margin: RAD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RAD's earnings have declined by 42.5% per year over the past 5 years.

Accelerating Growth: RAD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RAD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Healthcare industry (133.7%).


Return on Equity

High ROE: RAD's Return on Equity (7.1%) is considered low.


Financial Health

How is Radius Residential Care's financial position?


Financial Position Analysis

Short Term Liabilities: RAD's short term assets (NZ$10.9M) do not cover its short term liabilities (NZ$22.3M).

Long Term Liabilities: RAD's short term assets (NZ$10.9M) do not cover its long term liabilities (NZ$227.1M).


Debt to Equity History and Analysis

Debt Level: RAD's debt to equity ratio (112.9%) is considered high.

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

Debt Coverage: RAD's debt is well covered by operating cash flow (51.1%).

Interest Coverage: RAD's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


Dividend

What is Radius Residential Care current dividend yield, its reliability and sustainability?

2.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RAD's dividend (2.42%) is higher than the bottom 25% of dividend payers in the NZ market (2.41%).

High Dividend: RAD's dividend (2.42%) is low compared to the top 25% of dividend payers in the NZ market (4.9%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether RAD's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if RAD's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (108.1%), RAD's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.2yrs

Average board tenure


CEO

Brien Cree

no data

Tenure

Mr. Brien Cree is Executive Chair of Radius Residential Care Limited since June 2020 and serves as its Managing Director since 2003. He is Director at Radius Residential Care Limited since August 2003. He...


Board Members

Experienced Board: RAD's board of directors are considered experienced (4.2 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: RAD only recently listed within the past 12 months.


Top Shareholders

Company Information

Radius Residential Care Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Radius Residential Care Limited
  • Ticker: RAD
  • Exchange: NZSE
  • Founded: 2003
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: NZ$145.391m
  • Shares outstanding: 269.24m
  • Website: https://radiuscare.co.nz

Number of Employees


Location

  • Radius Residential Care Limited
  • 56 Parnell Road
  • Level 4
  • Auckland
  • 1052
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 06:01
End of Day Share Price2021/10/26 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.