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.
The last earnings update was 126 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Canfield Medical Supply. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Canfield Medical Supply's
is considered below, and whether this is a fair price.
Price based on past earnings
Canfield Medical Supply's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Medical Equipment industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Canfield Medical Supply
expected to grow at an
Unable to compare Canfield Medical Supply's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Canfield Medical Supply's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Canfield Medical Supply's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Canfield Medical Supply is high growth as no earnings estimate data is available.
Unable to determine if Canfield Medical Supply is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
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.
Canfield Medical Supply's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Canfield Medical Supply
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Canfield Medical Supply's finances.
The net worth of a company is the difference between its assets and liabilities.
Canfield Medical Supply's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Canfield Medical Supply's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Canfield Medical Supply's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 4.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Michael J. West Co-Founded Canfield Medical Supply, Inc. in September 1992 and serves as its Chief Executive Officer. Mr. West has been the President of Canfield Medical Supply, Inc. since September 2004 and served as its Vice President and Secretary. Mr. West served as the President and Treasurer of Medical Billing Assistance, Inc. from 1994 to August 2011, and served as its Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer until 2011. He served as the President, Treasurer and Director of First Choice Healthcare Solutions, Inc. from 1994 to August 2011. Mr. West co-founded ElectroMed in October 1998. He was involved with electronic billing of medical claims to Medicare since 1988. He participated successfully in all aspects of the appeal process with Medicare for denied claims, including telephone hearings, Mr. Michael West's twenty years of experience serving as either President or Vice President enables him to make valuable contributions. face-to-face hearings and hearings before an administrative law judge. He has been a Director of Canfield Medical Supply, Inc. since September 1992. He served as a Director of Medical Billing Assistance, Inc. since 1994. He holds a B.A. Degree in Biology from Wittenberg University in 1977.
Michael's compensation has been consistent with company performance over the past year.
Michael's remuneration is lower than average for companies of similar size in United States of America.
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. It offers equipment, supplies, and services to people who have had strokes, hip or knee replacements, and other surgeries after they are discharged from a hospital or rehab center. The company provides electric wheelchairs, scooters, and lift chairs; manual wheelchairs; ambulatory equipment, including wheeled walkers, canes, and crutches; hospital beds; bathroom equipment, such as bedside commodes, shower chairs, grab bars, and toilet risers; support surfaces comprising pressure pads and mattresses; and threshold and folding ramps, and lift systems for cars or vans. It also offers home medical supplies, including diabetic testing, incontinence, ostomy, wound care, and catheter care products. The company sells its products to the public, nursing homes, hospitals, and other end users. Canfield Medical Supply, Inc. was founded in 1992 and is based in Canfield, Ohio.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.