OTCPK:HLTY

Stock Analysis Report

PreCheck Health Services

Executive Summary

PreCheck Health Services Inc. distributes medical screening device in the United States.

Risk Analysis

Earnings have declined by -82.13% per year over past 5 years

Has less than 1 year of cash runway

Shares are highly illiquid

Shareholders have been substantially diluted in the past year

+ 3 more risks


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HLTY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-15.6%

HLTY

-0.8%

US Healthcare

0.6%

US Market


1 Year Return

-60.0%

HLTY

6.7%

US Healthcare

20.8%

US Market

Return vs Industry: HLTY underperformed the US Healthcare industry which returned 6.7% over the past year.

Return vs Market: HLTY underperformed the US Market which returned 20.8% over the past year.


Shareholder returns

HLTYIndustryMarket
7 Day-15.6%-0.8%0.6%
30 Day-15.6%5.6%2.5%
90 Day-50.7%15.3%4.9%
1 Year-60.0%-60.0%8.6%6.7%23.5%20.8%
3 Yearn/a47.0%40.4%46.5%37.0%
5 Yearn/a63.4%52.2%64.6%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PreCheck Health Services undervalued compared to its fair value and its price relative to the market?


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

Future Growth

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

14.6%

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 PreCheck Health Services 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 HLTY’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 PreCheck Health Services's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has PreCheck Health Services performed over the past 5 years?

-82.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HLTY is currently unprofitable.

Growing Profit Margin: HLTY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HLTY is unprofitable, and losses have increased over the past 5 years at a rate of -82.1% per year.

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

Earnings vs Industry: HLTY is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (6.2%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PreCheck Health Services's financial position?


Financial Position Analysis

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

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

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


Balance Sheet

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

Debt Coverage by Assets: HLTY 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: HLTY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HLTY has less than a year of cash runway if free cash flow continues to reduce at historical rates of -17.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if HLTY'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 HLTY'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 PreCheck Health Services's salary, the management and board of directors tenure and is there insider trading?

0.6yrs

Average management tenure


CEO

Justin Anderson (44yo)

0.08yrs

Tenure

US$292,500

Compensation

Mr. Justin Eric Anderson has been the Chief Executive Officer at PreCheck Health Services, Inc. (Nature's Best Brands, Inc.) since November 29, 2019 and served as its Chief Operating Officer from October 1 ...


Management Age and Tenure

0.6yrs

Average Tenure

Experienced Management: HLTY's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Insider Trading

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 substantially diluted in the past year, with total shares outstanding growing by 67%.


Management Team

  • Doug Samuelson (58yo)

    Chief Financial Officer

    • Tenure: 4.3yrs
    • Compensation: US$100.00k
  • Justin Anderson (44yo)

    CEO & Director

    • Tenure: 0.08yrs
    • Compensation: US$292.50k
  • Mitch Ghen

    Chief Science Officer

    • Tenure: 0.6yrs

Board Members

  • Justin Anderson (44yo)

    CEO & Director

    • Tenure: 0.08yrs
    • Compensation: US$292.50k

Company Information

PreCheck Health Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PreCheck Health Services, Inc.
  • Ticker: HLTY
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Health Care Distributors
  • Sector: Healthcare
  • Market Cap: US$5.913m
  • Shares outstanding: 15.56m
  • Website: https://www.precheckhealth.com

Number of Employees


Location

  • PreCheck Health Services, Inc.
  • 305 West Woodard Street
  • Suite 221
  • Denison
  • Texas
  • 75020
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HLTYOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2017

Biography

PreCheck Health Services Inc. distributes medical screening device in the United States. It offers PC8B medical device, a screening tool designed for use by physicians and medical personnel in managing pat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/14 01:23
End of Day Share Price2019/12/09 00:00
Earnings2019/09/30
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.