OTCPK:CRVW

Stock Analysis Report

CareView Communications

Executive Summary

CareView Communications, Inc. provides products and on-demand application services for the healthcare industry in the United States.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

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

Similar Companies

Share Price & News

How has CareView Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:CRVW

2.2%

US Healthcare Services

0.8%

US Market


1 Year Return

-82.2%

OTCPK:CRVW

9.4%

US Healthcare Services

1.9%

US Market

CRVW underperformed the Healthcare Services industry which returned 7.7% over the past year.

CRVW underperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

CRVWIndustryMarket
7 Day0%2.2%0.8%
30 Day-20.0%-3.8%3.4%
90 Day-46.7%-4.4%2.1%
1 Year-82.2%-82.2%9.4%9.4%4.2%1.9%
3 Year-92.7%-92.7%51.7%51.4%46.7%37.2%
5 Year-98.1%-98.1%50.7%49.8%62.3%44.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is CareView Communications 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 CareView Communications is trading at an attractive price based on the cash flow it is expected to produce in the future. But as CareView Communications 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 CRVW’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 CareView Communications regulatory filings here.
  • Explore potentially undervalued companies in the Healthcare industry.

Future Growth

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

27.7%

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 CareView Communications 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 CRVW’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 CareView Communications's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has CareView Communications performed over the past 5 years?

-3.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare CareView Communications'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 CareView Communications 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 CareView Communications 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 CareView Communications improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is CareView Communications's financial position?


Financial Position Analysis

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

CareView Communications's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

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

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


Balance Sheet

High level of physical assets or inventory.

CareView Communications 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.

CareView Communications has less than a year of cash runway based on current free cash flow.

CareView Communications has less than a year of cash runway if free cash flow continues to reduce at historical rates of -19.2% each year.


Next Steps

Dividend

What is CareView Communications's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as CareView Communications has not reported any payouts.

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


Current Payout to Shareholders

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

5.7yrs

Average management tenure


CEO

Steve Johnson (60yo)

5.7yrs

Tenure

US$264,336

Compensation

Mr. Steven G. Johnson, also known as Steve, has been the Chief Executive Officer of Careview Communications, Inc. since January 1, 2014. Mr. Johnson has been the President of Careview Communications, Inc.  ...


CEO Compensation Analysis

Steve's remuneration is lower than average for companies of similar size in United States of America.

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


Management Age and Tenure

5.7yrs

Average Tenure

60yo

Average Age

The average tenure for the CareView Communications management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.7yrs

Average Tenure

66yo

Average Age

The tenure for the CareView Communications board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sandra McRee (63yo)

    Chief Operating Officer

    • Tenure: 5.8yrs
    • Compensation: US$215.34k
  • Steve Johnson (60yo)

    CEO, President

    • Tenure: 5.7yrs
    • Compensation: US$264.34k
  • Kyle Johnson

    Director of Engineering

    • Tenure: 13.1yrs
    • Compensation: US$580.56k
  • Jason Thompson (44yo)

    Principal Financial Officer

    • Tenure: 5.7yrs
    • Compensation: US$87.00k
  • Matthew Jackson

    General Counsel

    • Tenure: 0yrs
  • Brennan Howes

    Vice President of Business Development

    • Tenure: 0yrs
  • Cathy Story

    Chief Clinical Officer

    • Tenure: 4.3yrs

Board Members

  • Craig Benson (63yo)

    Chairman of Advisory Board

    • Tenure: 0yrs
  • David White (72yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: US$178.00k
  • Jeff Lightcap (60yo)

    Director

    • Tenure: 8.4yrs
  • Steve Epstein (75yo)

    Director

    • Tenure: 5.4yrs
    • Compensation: US$286.40k
  • L. Wheeler (86yo)

    Chairman of the Board

    • Tenure: 5.7yrs
    • Compensation: US$201.00k
  • Steve Johnson (60yo)

    CEO, President

    • Tenure: 5.7yrs
    • Compensation: US$264.34k
  • Jason Thompson (44yo)

    Principal Financial Officer

    • Tenure: 5.7yrs
    • Compensation: US$87.00k
  • James Higgins (69yo)

    Director

    • Tenure: 5.4yrs
    • Compensation: US$114.45k

Company Information

CareView Communications, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CareView Communications, Inc.
  • Ticker: CRVW
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$1.115m
  • Shares outstanding: 139.38m
  • Website: https://www.careviewinc.com

Number of Employees


Location

  • CareView Communications, Inc.
  • 405 State Highway 121 Bypass
  • Suite B-240
  • Lewisville
  • Texas
  • 75067
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRVWOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2004

Biography

CareView Communications, Inc. provides products and on-demand application services for the healthcare industry in the United States. The company offers NurseView module to view monitored rooms from the nur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 00:30
End of Day Share Price2019/09/17 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.