OTCPK:MEDD

Stock Analysis Report

Executive Summary

Medical Imaging Corp., through its subsidiaries, provides medical diagnostic imaging services for patients, hospitals and clinics, workers’ compensation boards, and insurance companies in North America.

Snowflake

Fundamentals

Slightly overvalued with weak fundamentals.

Risks

  • Medical Imaging has significant price volatility in the past 3 months.
  • Medical Imaging's last earnings update was 273 days ago.
  • Medical Imaging is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:MEDD

-1.2%

US Healthcare

-0.02%

US Market


1 Year Return

-57.4%

OTCPK:MEDD

-9.4%

US Healthcare

1.6%

US Market

MEDD underperformed the Healthcare industry which returned -8.4% over the past year.

MEDD underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

MEDDIndustryMarket
7 Day0%-1.2%-0.02%
30 Day-45.3%-2.2%2.7%
90 Day-11.4%-1.5%1.4%
1 Year-57.4%-57.4%-8.0%-9.4%3.8%1.6%
3 Year-93.2%-93.2%28.7%23.5%45.2%35.8%
5 Year-94.1%-94.1%62.7%53.0%61.8%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Medical Imaging undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Medical Imaging's share price is below the future cash flow value, and at a moderate discount (> 20%).

Medical Imaging's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Medical Imaging is loss making, we can't compare its value to the US Healthcare industry average.

Medical Imaging is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Medical Imaging, we can't assess if its growth is good value.


Price Based on Value of Assets

Medical Imaging has negative assets, we can't compare the value of its assets to the US Healthcare industry average.


Next Steps

Future Growth

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

10.9%

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 Medical Imaging 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 MEDD’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 Medical Imaging's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Medical Imaging performed over the past 5 years?

-49.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Medical Imaging's 1-year growth to the US Healthcare industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Medical Imaging 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 Medical Imaging has efficiently used its assets last year compared to the US Healthcare industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Medical Imaging 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 Medical Imaging's financial position?


Financial Position Analysis

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

Medical Imaging's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

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

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

Debt is not well covered by operating cash flow (12.7%, less than 20% of total debt).

Unable to confirm if the interest payments on Medical Imaging's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Medical Imaging has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Medical Imaging has not reported any payouts.

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


Current Payout to Shareholders

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

US$122k

CEO Compensation


CEO

Mitch Geisler (49yo)

9.7yrs

Tenure

US$122,373

Compensation

Mr. Mitchell Geisler, also known as Mitch, has been the Chief Executive Officer and President at Medical Imaging Corp. (formerly, Diagnostic Imaging International Corp.) since January 2010 and serves as it ...


CEO Compensation Analysis

Insufficient data for Mitch to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

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


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mitch Geisler (49yo)

    CEO, CFO

    • Tenure: 9.7yrs
    • Compensation: US$122.37k

Board Members

  • Mitch Geisler (49yo)

    CEO, CFO

    • Tenure: 9.7yrs
    • Compensation: US$122.37k

Company Information

Medical Imaging Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Medical Imaging Corp.
  • Ticker: MEDD
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$180.958k
  • Shares outstanding: 44.14m
  • Website: https://www.medimagingcorp.com

Number of Employees


Location

  • Medical Imaging Corp.
  • 848 North Rainbow Boulevard
  • Suite 2494
  • Las Vegas
  • Nevada
  • 89107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MEDDOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2008

Biography

Medical Imaging Corp., through its subsidiaries, provides medical diagnostic imaging services for patients, hospitals and clinics, workers’ compensation boards, and insurance companies in North America. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:58
End of Day Share Price2019/09/18 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.