OTCPK:CNMF

Stock Analysis Report

Canfield Medical Supply

Executive Summary

Canfield Medical Supply, Inc. provides home medical equipment, supplies, and services for patients with mobility related limitations in the Mahoning Valley of Ohio, Western Pennsylvania, and Northern West Virginia.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Canfield Medical Supply's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-16.7%

CNMF

3.9%

US Healthcare

0.07%

US Market


1 Year Return

n/a

CNMF

-6.7%

US Healthcare

8.9%

US Market

Return vs Industry: Insufficient data to determine how CNMF performed against the US Healthcare industry.

Return vs Market: Insufficient data to determine how CNMF performed against the US Market.


Shareholder returns

CNMFIndustryMarket
7 Day-16.7%3.9%0.07%
30 Day-12.8%3.5%-0.3%
90 Day-70.0%-0.05%-1.6%
1 Yearn/a-5.1%-6.7%11.3%8.9%
3 Yearn/a37.0%30.6%46.3%36.8%
5 Yearn/a61.3%50.4%62.1%44.3%

Price Volatility Vs. Market

How volatile is Canfield Medical Supply's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Canfield Medical Supply undervalued compared to its fair value and its price relative to the market?


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

Future Growth

How is Canfield Medical Supply forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

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 Canfield Medical Supply 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 CNMF’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 Canfield Medical Supply's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Canfield Medical Supply performed over the past 5 years?

-21.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CNMF is unprofitable, and losses have increased over the past 5 years at a rate of -21.8% per year.

Accelerating Growth: Unable to compare CNMF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CNMF is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (5.6%).


Return on Equity

High ROE: CNMF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: CNMF is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CNMF is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Canfield Medical Supply's financial position?


Financial Position Analysis

Short Term Liabilities: CNMF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CNMF 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: CNMF has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CNMF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: CNMF has a high level of physical assets or inventory.

Debt Coverage by Assets: CNMF 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: CNMF has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CNMF has sufficient cash runway for 1.029966 years if free cash flow continues to reduce at historical rates of -10.5% each year.


Next Steps

Dividend

What is Canfield Medical Supply's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CNMF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CNMF'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 CNMF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CNMF'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 CNMF'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 Canfield Medical Supply's salary, the management and board of directors tenure and is there insider trading?

8.1yrs

Average management tenure


CEO

Heather Kearns (41yo)

0.3yrs

Tenure

0

Ms. Heather Kearns has been Chief Executive Officer and Chief Financial Officer of Canfield Medical Supply, Inc since June 28, 2019. She has since 2011 been an independent certified public accountant speci ...


Management Age and Tenure

8.1yrs

Average Tenure

62yo

Average Age

Experienced Management: CNMF's management team is seasoned and experienced (8.1 years average tenure).


Board Age and Tenure

0.3yrs

Average Tenure

64yo

Average Age

Experienced Board: CNMF's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$272,00012 Jul 19
Michael West
EntityIndividual
Role
Member of the Board of Directors
Co-Founder
Shares8,000,000
Max PriceUS$0.034

Ownership Breakdown


Management Team

  • Michael West (64yo)

    Co-Founder

    • Tenure: 27.1yrs
    • Compensation: US$72.78k
  • Steve West (62yo)

    Treasurer

    • Tenure: 8.1yrs
  • Heather Kearns (41yo)

    CEO & CFO

    • Tenure: 0.3yrs

Board Members

  • Michael West (64yo)

    Co-Founder

    • Tenure: 27.1yrs
    • Compensation: US$72.78k
  • Steve West (62yo)

    Treasurer

    • Tenure: 8.1yrs
  • Amy Atkinson (57yo)

    Director

    • Tenure: 0.3yrs
  • Michael Long (66yo)

    Director

    • Tenure: 0.3yrs
  • John Lepo (78yo)

    Director

    • Tenure: 0.3yrs

Company Information

Canfield Medical Supply, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canfield Medical Supply, Inc.
  • Ticker: CNMF
  • Exchange: OTCPK
  • Founded: 1992
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: US$8.860m
  • Shares outstanding: 11.81m
  • Website: https://www.canfieldmedicalsupply.com

Number of Employees


Location

  • Canfield Medical Supply, Inc.
  • 4120 Boardman-Canfield Road
  • Suite A
  • Canfield
  • Ohio
  • 44406
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNMFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2018

Biography

Canfield Medical Supply, Inc. provides home medical equipment, supplies, and services for patients with mobility related limitations in the Mahoning Valley of Ohio, Western Pennsylvania, and Northern West  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/24 00:27
End of Day Share Price2019/10/23 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.