OTCPK:EHVV.F

Stock Analysis Report

Executive Summary

EHAVE, Inc., a healthcare company, engages in developing a medical cannabis and mental health data platform that integrates with its proprietary and third-party assessment and therapeutic digital applications in Canada.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EHVV.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-60.0%

EHVV.F

4.9%

US Healthcare Services

9.4%

US Market


1 Year Return

-37.5%

EHVV.F

15.5%

US Healthcare Services

-6.8%

US Market

Return vs Industry: EHVV.F underperformed the US Healthcare Services industry which returned 15.5% over the past year.

Return vs Market: EHVV.F underperformed the US Market which returned -6.8% over the past year.


Shareholder returns

EHVV.FIndustryMarket
7 Day-60.0%4.9%9.4%
30 Day-57.3%0.9%-3.9%
90 Day20.7%-0.06%-16.5%
1 Year-37.5%-37.5%15.9%15.5%-4.8%-6.8%
3 Year-98.6%-98.6%71.2%70.3%23.4%15.2%
5 Yearn/a51.3%49.9%41.3%25.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is EHAVE undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

25.2%

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 EHAVE 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 EHVV.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 EHAVE's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has EHAVE performed over the past 5 years?

-27.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EHVV.F is currently unprofitable.

Growing Profit Margin: EHVV.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EHVV.F's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: EHVV.F is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (23.3%).


Return on Equity

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


Next Steps

Financial Health

How is EHAVE's financial position?


Financial Position Analysis

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

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

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


Balance Sheet


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: Insufficient data to determine if EHVV.F has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EHVV.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EHVV.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EHVV.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EHVV.F'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 EHVV.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Benjamin Kaplan

0.83

Tenure

Mr. Benjamin Kaplan has been Chief Executive Officer of EHAVE, Inc since June 24, 2019. Mr. Kaplan is an entrepreneur and an investor in companies both public and private, with a focus on international gro ...


Leadership Team

NamePositionTenureCompensationOwnership
David Goyette
Chief Technology Officer3.08yrsUS$302.70k2% $177.6k
Benjamin Kaplan
Chief Executive Officer0.83yrno datano data
Dianne Parsons
Acting CFO & Controller2yrsno datano data
Alfred Farrington
Chief Information Officer0.33yrno datano data

1.4yrs

Average Tenure

Experienced Management: EHVV.F's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: EHAVE, Inc.
  • Ticker: EHVV.F
  • Exchange: OTCPK
  • Founded: 2011
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$8.895m
  • Shares outstanding: 25.41m
  • Website: https://www.ehave.com

Number of Employees


Location

  • EHAVE, Inc.
  • 277 Lakeshore Road East
  • Suite 203
  • Oakville
  • Ontario
  • L6J 6J3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EHVV.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2016

Biography

EHAVE, Inc., a healthcare company, engages in developing a medical cannabis and mental health data platform that integrates with its proprietary and third-party assessment and therapeutic digital applications in Canada. The company offers MegaTeam and Ninja Reflex, a clinically validated digital assessment and rehabilitation software for the patient; and adapts custom and third-party clinically validated digital assessment and rehabilitation software for enhanced patient engagement and data modeling. It intends to provide technology solutions to clinicians, patients, researchers, pharmaceutical companies, and payors. The company was incorporated in 2011 and is based in Oakville, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 06:23
End of Day Share Price2020/04/09 00:00
Earnings2018/12/31
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.