AMEX:AMS

Stock Analysis Report

American Shared Hospital Services

Executive Summary

American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Risks

  • American Shared Hospital Services has significant price volatility in the past 3 months.
  • American Shared Hospital Services is not covered by any analysts.

Similar Companies

Share Price & News

How has American Shared Hospital Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

AMEX:AMS

1.3%

US Healthcare

1.2%

US Market


1 Year Return

-19.0%

AMEX:AMS

-8.2%

US Healthcare

1.7%

US Market

AMS underperformed the Healthcare industry which returned -8.2% over the past year.

AMS underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

AMSIndustryMarket
7 Day0.2%1.3%1.2%
30 Day-2.7%-0.7%4.9%
90 Day-12.1%0.01%3.7%
1 Year-19.0%-19.0%-6.8%-8.2%3.9%1.7%
3 Year-5.6%-5.6%30.1%24.9%47.2%37.7%
5 Year13.8%13.8%63.5%53.8%60.0%42.4%

Price Volatility Vs. Market

How volatile is American Shared Hospital Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is American Shared Hospital Services undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

American Shared Hospital Services's share price is below the future cash flow value, and at a moderate discount (> 20%).

American Shared Hospital Services's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

American Shared Hospital Services is overvalued based on earnings compared to the US Healthcare industry average.

American Shared Hospital Services is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for American Shared Hospital Services, we can't assess if its growth is good value.


Price Based on Value of Assets

American Shared Hospital Services is good value based on assets compared to the US Healthcare industry average.


Next Steps

Future Growth

How is American Shared Hospital Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if American Shared Hospital Services is high growth as no revenue estimate data is available.

American Shared Hospital Services's earnings are expected to grow significantly at over 20% yearly.

Unable to compare American Shared Hospital Services's revenue growth to the United States of America market average as no estimate data is available.

American Shared Hospital Services's earnings growth is expected to exceed the United States of America market average.

American Shared Hospital Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if American Shared Hospital Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has American Shared Hospital Services performed over the past 5 years?

56.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

American Shared Hospital Services has delivered over 20% year on year earnings growth in the past 5 years.

American Shared Hospital Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.

American Shared Hospital Services's 1-year earnings growth is negative, it can't be compared to the US Healthcare industry average.


Return on Equity

American Shared Hospital Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

American Shared Hospital Services used its assets less efficiently than the US Healthcare industry average last year based on Return on Assets.


Return on Capital Employed

American Shared Hospital Services's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is American Shared Hospital Services's financial position?


Financial Position Analysis

American Shared Hospital Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

American Shared Hospital Services's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

American Shared Hospital Services's level of debt (14.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (65.1% vs 14.1% today).

Debt is well covered by operating cash flow (149.9%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

What is American Shared Hospital Services's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate American Shared Hospital Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate American Shared Hospital Services's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as American Shared Hospital Services has not reported any payouts.

Unable to verify if American Shared Hospital Services's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as American Shared Hospital Services has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of American Shared Hospital Services's salary, the management and board of directors tenure and is there insider trading?

23.3yrs

Average management tenure


CEO

Ernest Bates (82yo)

36.7yrs

Tenure

US$451,896

Compensation

Dr. Ernest A. Bates M.D. Founded the American Shared Hospital Services in 1977 and has been its Chairman of the Board and Chief Executive Officer since 1983. Dr. Bates served as Emeritus Vice Chairman of t ...


CEO Compensation Analysis

Ernest's remuneration is about average for companies of similar size in United States of America.

Ernest's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

23.3yrs

Average Tenure

73.5yo

Average Age

The average tenure for the American Shared Hospital Services management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.3yrs

Average Tenure

64yo

Average Age

The tenure for the American Shared Hospital Services board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$438,32617 May 19
Raymond Stachowiak
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares160,559
Max PriceUS$2.73
SellUS$438,32617 May 19
Stanley Trotman
EntityIndividual
Shares160,559
Max PriceUS$2.73

Ownership Breakdown


Management Team

  • Ernest Bates (82yo)

    Founder

    • Tenure: 36.7yrs
    • Compensation: US$451.90k
  • Craig Tagawa (65yo)

    Senior VP

    • Tenure: 23.3yrs
    • Compensation: US$340.10k
  • Willie Barnes (87yo)

    Corporate Secretary

    • Tenure: 35.7yrs
  • Ernest Bates (52yo)

    Vice President of Sales & Business Development

    • Tenure: 12.7yrs
    • Compensation: US$268.92k
  • Alexis Wallace

    Controller

    • Tenure: 5.3yrs

Board Members

  • Ernest Bates (82yo)

    Founder

    • Tenure: 36.7yrs
    • Compensation: US$451.90k
  • Daniel Kelly (67yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$24.25k
  • Sandra A. Lawrence (61yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$24.25k
  • Ray Stachowiak (61yo)

    Independent Director

    • Tenure: 10yrs
    • Compensation: US$24.25k
  • David Larson (78yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: US$24.25k
  • Saim Ozyurek (44yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$24.25k

Company Information

American Shared Hospital Services's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American Shared Hospital Services
  • Ticker: AMS
  • Exchange: AMEX
  • Founded: 1980
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$14.831m
  • Shares outstanding: 5.82m
  • Website: https://www.ashs.com

Number of Employees


Location

  • American Shared Hospital Services
  • Two Embarcadero Center
  • Suite 410
  • San Francisco
  • California
  • 94111
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMSAMEX (NYSE MKT LLC)YesCommon StockUSUSDJul 1984
AZSDB (Deutsche Boerse AG)YesCommon StockDEEURJul 1984

Biography

American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a no ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/14 23:31
End of Day Share Price2019/09/13 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.