Chemed Corporation

NYSE:CHE Stock Report

Market Cap: US$5.6b

Chemed Valuation

Is CHE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CHE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CHE ($422.72) is trading below our estimate of future cash flow value ($680.97)

Significantly Below Future Cash Flow Value: CHE is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CHE?

Key metric: As CHE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CHE. This is calculated by dividing CHE's market cap by their current earnings.
What is CHE's PE Ratio?
PE Ratio21.7x
EarningsUS$259.78m
Market CapUS$5.65b

Price to Earnings Ratio vs Peers

How does CHE's PE Ratio compare to its peers?

The above table shows the PE ratio for CHE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.2x
OPCH Option Care Health
21.1x12.07%US$4.5b
CRVL CorVel
28.1xn/aUS$2.9b
DVA DaVita
13.7x5.64%US$10.0b
PRVA Privia Health Group
133.8x28.91%US$3.0b
CHE Chemed
21.8x12.92%US$5.6b

Price-To-Earnings vs Peers: CHE is good value based on its Price-To-Earnings Ratio (21.8x) compared to the peer average (49.2x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CHE's PE Ratio compare vs other companies in the US Healthcare Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CYH Community Health Systems
0.8x-109.85%US$368.43m
IDXG Interpace Biosciences
2.1xn/aUS$54.71m
RHEP Regional Health Properties
1.7xn/aUS$5.25m
NIVF NewGenIvf Group
0.1xn/aUS$1.11m
CHE 21.7xIndustry Avg. 24.3xNo. of Companies11PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CHE is good value based on its Price-To-Earnings Ratio (21.8x) compared to the US Healthcare industry average (24.3x).

Price to Earnings Ratio vs Fair Ratio

What is CHE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CHE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.7x
Fair PE Ratio24.3x

Price-To-Earnings vs Fair Ratio: CHE is good value based on its Price-To-Earnings Ratio (21.8x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CHE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$422.72
US$446.50
+5.63%
8.03%US$500.00US$400.00n/a4
Apr ’27US$377.57
US$443.00
+17.33%
8.44%US$500.00US$400.00n/a4
Mar ’27US$410.01
US$443.00
+8.05%
8.44%US$500.00US$400.00n/a4
Feb ’27US$427.14
US$555.50
+30.05%
8.50%US$595.00US$475.00n/a4
Jan ’27US$427.86
US$574.25
+34.21%
2.83%US$595.00US$550.00n/a4
Dec ’26US$437.73
US$574.25
+31.19%
2.83%US$595.00US$550.00n/a4
Nov ’26US$431.30
US$578.50
+34.13%
2.99%US$595.00US$550.00n/a4
Oct ’26US$440.64
US$578.50
+31.29%
2.99%US$595.00US$550.00n/a4
Sep ’26US$457.95
US$567.25
+23.87%
8.09%US$610.00US$490.00n/a4
Aug ’26US$417.85
US$567.25
+35.75%
8.09%US$610.00US$490.00n/a4
Jul ’26US$483.92
US$646.67
+33.63%
0.73%US$650.00US$640.00n/a3
Jun ’26US$574.84
US$677.33
+17.83%
3.51%US$708.00US$650.00n/a3
May ’26US$573.74
US$677.33
+18.06%
3.51%US$708.00US$650.00n/a3
Apr ’26US$618.56
US$675.00
+9.12%
3.61%US$708.00US$650.00US$377.573
Mar ’26US$600.80
US$663.67
+10.46%
4.84%US$708.00US$633.00US$410.013
Feb ’26US$562.00
US$663.67
+18.09%
4.84%US$708.00US$633.00US$427.143
Jan ’26US$529.80
US$663.67
+25.27%
4.84%US$708.00US$633.00US$427.863
Dec ’25US$572.39
US$663.67
+15.95%
4.84%US$708.00US$633.00US$437.733
Nov ’25US$531.68
US$685.00
+28.84%
3.67%US$708.00US$650.00US$431.303
Oct ’25US$592.79
US$685.00
+15.56%
3.67%US$708.00US$650.00US$440.643
Sep ’25US$586.17
US$685.00
+16.86%
3.67%US$708.00US$650.00US$457.953
Aug ’25US$588.44
US$685.00
+16.41%
3.67%US$708.00US$650.00US$417.853
Jul ’25US$539.54
US$685.00
+26.96%
3.67%US$708.00US$650.00US$483.923
Jun ’25US$554.37
US$685.00
+23.56%
3.67%US$708.00US$650.00US$574.843
May ’25US$566.10
US$688.75
+21.67%
3.58%US$712.00US$650.00US$573.744
Apr ’25US$640.63
US$690.00
+7.71%
4.11%US$712.00US$650.00US$618.563
US$446.5
Fair Value
5.3% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/27 18:34
End of Day Share Price 2026/04/24 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chemed Corporation is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam FeinsteinBarclays
Joanna Sylvia GajukBofA Global Research
Peter MartinCitizens JMP Securities, LLC