OTCPK:AHGI.F

Stock Analysis Report

Executive Summary

Alternate Health Corp., a diversified healthcare company, provides cloud based software solutions in Canada.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • Alternate Health has significant price volatility in the past 3 months.
  • Alternate Health is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

44.8%

AHGI.F

0.9%

US Healthcare Services

-0.2%

US Market


1 Year Return

-59.4%

AHGI.F

8.7%

US Healthcare Services

1.1%

US Market

AHGI.F underperformed the Healthcare Services industry which returned 8.6% over the past year.

AHGI.F underperformed the Market in United States of America which returned 1.6% over the past year.


Share holder returns

AHGI.FIndustryMarket
7 Day44.8%0.9%-0.2%
30 Day14.8%-5.2%2.5%
90 Day-42.8%-5.5%1.6%
1 Year-59.4%-59.4%8.8%8.7%3.4%1.1%
3 Yearn/a49.7%49.4%45.2%35.8%
5 Yearn/a50.3%49.4%62.6%44.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Alternate Health undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Alternate Health is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Alternate Health 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 AHGI.F’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 Alternate Health regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

How is Alternate Health expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.6%

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 Alternate Health 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.


Next Steps

  • Take a look at our analysis of AHGI.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Alternate Health's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Alternate Health performed over the past 5 years?

-51.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Alternate Health does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Alternate Health's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Alternate Health's 1-year growth to the US Healthcare Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Alternate Health has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Alternate Health has efficiently used its assets last year compared to the US Healthcare Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Alternate Health improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Alternate Health's financial position?


Financial Position Analysis

Alternate Health's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Alternate Health's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Alternate Health has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Alternate Health's debt level has increased considering it has negative shareholder equity.


Balance Sheet

Low level of unsold assets.

Alternate Health 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.

Alternate Health has less than a year of cash runway based on current free cash flow.

Alternate Health has less than a year of cash runway if free cash flow continues to grow at historical rates of 60.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Alternate Health's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Alternate Health's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Alternate Health has not reported any payouts.

Unable to verify if Alternate Health's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Alternate Health 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 Alternate Health's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Howard Mann 0

0.8yrs

Tenure

0

Mr. Howard W. Mann has been the Chief Executive Officer and Director of Alternate Health Corp. since December 11, 2018. He founded Alternate Health Corp. in 2014 and was instrumental in its growth and publ ...


Management Age and Tenure

0.8yrs

Average Tenure

The average tenure for the Alternate Health management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.8yrs

Average Tenure

The average tenure for the Alternate Health board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Alternate Health individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellCA$114,40310 Sep 19
Alpha Blue Ocean Advisors Ltd
EntityCompany
Shares847,493
Max PriceCA$0.22
BuyCA$7201 Aug 19
Robert Chidgey
EntityIndividual
Shares400
Max PriceCA$0.18
BuyCA$49530 Jan 19
Robert Chidgey
EntityIndividual
Shares550
Max PriceCA$0.90
BuyCA$17,56609 Oct 18
Michael Klipper
EntityIndividual
Shares41,667
Max PriceCA$0.42

Ownership Breakdown


Management Team

  • Howard Mann

    Founder

    • Tenure: 0.8yrs
  • Chris Boling

    Chief Financial Officer

    • Tenure: 1.7yrs
    • Compensation: CA$38.96k
  • Stephen Bugbee

    Senior Vice President of Technology

    • Tenure: 0.9yrs
  • Jay Briggs

    Senior Vice President of Operations

    • Tenure: 0.7yrs
    • Compensation: CA$41.96k
  • Robert Blaine

    President

    • Tenure: 0.2yrs

Board Members

  • Howard Mann

    Founder

    • Tenure: 0.8yrs
  • Jim Tykoliz (62yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: CA$63.29k
  • Michael Murphy

    Chairman of the Board

    • Tenure: 2.5yrs
    • Compensation: CA$317.25k
  • Kyle Kemper

    Director

    • Tenure: 0.7yrs
  • Robert Blaine

    President

    • Tenure: 0.2yrs

Company Information

Alternate Health Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alternate Health Corp.
  • Ticker: AHGI.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: CA$17.382m
  • Listing Market Cap: CA$13.114m
  • Shares outstanding: 77.25m
  • Website: https://www.alternatehealth.com

Number of Employees


Location

  • Alternate Health Corp.
  • 99 Yorkville Avenue
  • Suite 200
  • Toronto
  • Ontario
  • M5R 3K5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AHGI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2017
AHGCNSX (Canadian National Stock Exchange)YesCommon SharesCACADJan 2017
2ANDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2017

Biography

Alternate Health Corp., a diversified healthcare company, provides cloud based software solutions in Canada. It offers medical practice and controlled substance management software, blood analysis and toxi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 01:26
End of Day Share Price2019/09/19 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.