OTCPK:MRDH

Stock Analysis Report

Executive Summary

Meridian Holdings, Inc., through its subsidiaries, provides healthcare management and information system solutions in the United States.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MRDH

2.6%

US Healthcare

0.8%

US Market


1 Year Return

n/a

MRDH

15.1%

US Healthcare

25.1%

US Market

Return vs Industry: Insufficient data to determine how MRDH performed against the US Healthcare industry.

Return vs Market: Insufficient data to determine how MRDH performed against the US Market.


Shareholder returns

MRDHIndustryMarket
7 Day0%2.6%0.8%
30 Day-6.3%3.0%3.1%
90 Day42.9%18.8%10.9%
1 Yearn/a17.1%15.1%27.7%25.1%
3 Yearn/a52.3%45.6%51.3%41.6%
5 Year25.0%25.0%67.1%55.6%77.2%57.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


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

Future Growth

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

14.4%

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 Meridian Holdings 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 MRDH’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 Meridian Holdings's filings and announcements here.
  • Explore growth companies in the Healthcare industry.

Past Performance

How has Meridian Holdings performed over the past 5 years?

13.5%

Historical Healthcare annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Meridian Holdings has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Meridian Holdings's financial position?


In this section we usually analyse Meridian Holdings's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Meridian Holdings has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of MRDH’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Meridian Holdings's financial data was last updated here.
  • Explore more healthy companies in the Healthcare industry.

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if MRDH'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 MRDH'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 Meridian Holdings's salary, the management and board of directors tenure and is there insider trading?

20.4yrs

Average board tenure


CEO

Anthony Dike (64yo)

20.4yrs

Tenure

US$144,000

Compensation

Dr. Anthony C. Dike, M.D., FACP founded Intercare Dx Inc. (formerly InterCare.com Inc.) and serves as its Chief Financial Officer, Secretary and Treasurer. Dr. Dike has been the Chief Executive Officer and ...


Board Age and Tenure

20.4yrs

Average Tenure

70yo

Average Age

Experienced Board: MRDH's board of directors are seasoned and experienced ( 20.4 years average tenure).


Insider Trading

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


Management Team

  • Anthony Dike (64yo)

    Chairman of the Board

    • Tenure: 20.4yrs
    • Compensation: US$144.00k
  • Wesley Bradford

    Chief Medical Officer

    • Compensation: US$35.00k
  • Andrew Smith (70yo)

    Independent Accountant & Director

    • Kenneth Johnson

      Vice President of Finance

      • Compensation: US$60.00k
    • Henry Garcia

      Director of Marketing and Director of Media Communications

      • Anibal Fallah

        Interim Director of Business Development

        • Syed Tirmizi

          Chief Medical Information Officer


          Board Members

          • James Truher (84yo)

            Director

            • Tenure: 20.4yrs
          • Anthony Dike (64yo)

            Chairman of the Board

            • Tenure: 20.4yrs
            • Compensation: US$144.00k
          • Marcellina Offoha (63yo)

            Independent Director

            • Tenure: 20.3yrs
          • Andrew Smith (70yo)

            Independent Accountant & Director

            • Ludlow Creary (88yo)

              Director

              Company Information

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


              Key Information

              • Name: Meridian Holdings, Inc.
              • Ticker: MRDH
              • Exchange: OTCPK
              • Founded: 1998
              • Industry: Managed Health Care
              • Sector: Healthcare
              • Market Cap: US$893.687k
              • Shares outstanding: 59.58m
              • Website: https://www.meho.com

              Location

              • Meridian Holdings, Inc.
              • 4477 West 118th Street
              • Suite 304
              • Hawthorne
              • California
              • 90250
              • United States

              Listings

              TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
              MRDHOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 1999

              Biography

              Meridian Holdings, Inc., through its subsidiaries, provides healthcare management and information system solutions in the United States. The company offers guaranteed insured healthcare savings account program plan for individuals; and healthcare services through integrated network of independent medical practices, as well as operates as an accountable care organization with approximately 600 contracted ACO participants, providers, and suppliers. It also provides turnkey support services for implementation and operation of telemedicine, telehealth, and other information technology services in health care and associated environments; and administers a range of medical and health related services through a network of healthcare providers, as well as operates as an energy and natural resource management company. The company was incorporated in 1998 and is based in Hawthorne, California. 


              Company Analysis and Financial Data Status

              All financial data provided by Standard & Poor's Capital IQ.
              DataLast Updated (UTC time)
              Company Analysis2020/01/21 23:48
              End of Day Share Price2020/01/10 00:00
              Earnings2006/06/30
              Annual Earnings2005/12/31


              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.