Community Health Systems
Market Cap
US$490.9m
Last Updated
2019/10/17 23:33 UTC
Data Sources
Company Financials +
Executive Summary
Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States.
Snowflake
Fundamentals
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Community Health Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
9.7%
CYH
5.8%
US Healthcare
1.8%
US Market
1 Year Return
46.6%
CYH
-6.5%
US Healthcare
7.3%
US Market
Return vs Industry: CYH exceeded the US Healthcare industry which returned -6.5% over the past year.
Return vs Market: CYH exceeded the US Market which returned 7.3% over the past year.
Shareholder returns
| CYH | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.7% | 5.8% | 1.8% |
| 30 Day | 19.1% | 2.5% | -0.7% |
| 90 Day | 96.8% | -1.8% | 0.06% |
| 1 Year | 46.6%46.6% | -5.0%-6.5% | 9.7%7.3% |
| 3 Year | -58.8%-58.8% | 33.9%28.6% | 46.3%36.9% |
| 5 Year | -90.8%-92.4% | 65.6%55.8% | 64.5%46.5% |
Price Volatility Vs. Market
How volatile is Community Health Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Did Community Health Systems, Inc.'s (NYSE:CYH) CEO Take Home Last Year?Valuation
Is Community Health Systems undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Community Health Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Community Health Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- Take a look at our analysis of CYH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Community Health Systems regulatory filings.
- Explore potentially undervalued companies in the Healthcare industry.
Future Growth
How is Community Health Systems forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
62.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CYH is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CYH is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CYH is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CYH's revenue (1.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: CYH's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if CYH's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Community Health Systems performed over the past 5 years?
-43.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CYH is unprofitable, and losses have increased over the past 5 years at a rate of -43.4% per year.
Accelerating Growth: Unable to compare CYH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CYH is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (5.3%).
Return on Equity
High ROE: CYH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
ROA vs Industry: CYH is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: CYH is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Community Health Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CYH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CYH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CYH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CYH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Inventory Level: CYH has a high level of physical assets or inventory.
Debt Coverage by Assets: CYH has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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: CYH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CYH has less than a year of cash runway if free cash flow continues to reduce at historical rates of -83.3% each year
Next Steps
Dividend
What is Community Health Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate CYH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CYH'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 CYH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CYH'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 CYH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Community Health Systems's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Wayne Smith (73yo)
22.5yrs
Tenure
US$7,024,719
Compensation
Mr. Wayne T. Smith serves as the Chief Executive Officer at CHSPSC, LLC. Mr. Smith has been the Chairman and Chief Executive Officer at Community Health Systems, Inc. since February 2001 and April 1997 res ...
CEO Compensation Analysis
Compensation vs. Market: Wayne's total compensation ($USD7.02M) is about average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Wayne's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
3.1yrs
Average Tenure
55yo
Average Age
Experienced Management: CYH's management team is considered experienced (3.1 years average tenure).
Board Age and Tenure
10.4yrs
Average Tenure
64.5yo
Average Age
Experienced Board: CYH's board of directors are seasoned and experienced ( 10.4 years average tenure).
Insider Trading
Insider Buying: CYH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,200,000 |
| Max Price | US$2.18 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 25,000 |
| Max Price | US$1.85 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 25,000 |
| Max Price | US$2.29 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$3.17 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 100,000 |
| Max Price | US$3.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 6,551 |
| Max Price | US$3.47 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 993,449 |
| Max Price | US$3.43 |
Ownership Breakdown
Management Team
Wayne Smith (73yo)
Chairman & CEO
- Tenure: 22.5yrs
- Compensation: US$7.02m
Tim Hingtgen (51yo)
President
- Tenure: 2.8yrs
- Compensation: US$2.98m
Ben Fordham (66yo)
Executive VP
- Tenure: 2.5yrs
- Compensation: US$1.79m
Andi Bosshart
Senior VP
- Tenure: 0yrs
Ross Comeaux
Vice President of Investor Relation
- Tenure: 0yrs
Tom Aaron (57yo)
Executive VP & CFO
- Tenure: 2.4yrs
- Compensation: US$1.90m
Matt Hayes (48yo)
Senior VP & Chief Human Resources Officer
- Tenure: 1.1yrs
Tomi Galin
Senior Vice President of Corporate Communications
- Tenure: 0yrs
Kevin Hammons (53yo)
Senior VP
- Tenure: 7.6yrs
Manish Shah
Chief Information Officer and Senior Vice President
- Tenure: 3.8yrs
Board Members
Wayne Smith (73yo)
Chairman & CEO
- Tenure: 22.5yrs
- Compensation: US$7.02m
Mike Dinkins (65yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$290.00k
Judi North (72yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$337.25k
John Fry (59yo)
Independent Director
- Tenure: 15.4yrs
- Compensation: US$290.00k
John Clerico (77yo)
Independent Director
- Tenure: 16.7yrs
- Compensation: US$305.00k
K. Ranga Krishnan (63yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$290.00k
William Jennings (75yo)
Independent Director
- Tenure: 11.4yrs
- Compensation: US$290.00k
Tim Hingtgen (51yo)
President
- Tenure: 2.8yrs
- Compensation: US$2.98m
James Ely (61yo)
Independent Director
- Tenure: 10.4yrs
- Compensation: US$310.00k
H. Williams (64yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$290.00k
Company Information
Community Health Systems, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Community Health Systems, Inc.
- Ticker: CYH
- Exchange: NYSE
- Founded: 1985
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: US$490.873m
- Shares outstanding: 113.89m
- Website: https://www.chs.net
Number of Employees
Location
- Community Health Systems, Inc.
- 4000 Meridian Boulevard
- Franklin
- Tennessee
- 37067
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CYH | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 2000 |
| CG5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 2000 |
Biography
Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. The company offers general acute care, emergency room, general  ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 23:33 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.