TechCare Corp., a technology company, engages in the design, development, and commercialization of a platform utilizing proprietary vaporization technology to enable health, wellness, and beauty treatments in the Netherlands and Israel.
The last earnings update was 10 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
TechCare. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
TechCare's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 TechCare 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Medical Equipment industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare TechCare's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare TechCare's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare TechCare's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if TechCare is high growth as no earnings estimate data is available.
Unable to determine if TechCare is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
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 TechCare's filings and announcements here.
TechCare's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Zvika Yemini, also known as Zvi, is Co-Owner of YMY Ltd. Mr. Yemini has been the Chairman of TechCare Corp. since August 17, 2016 and has been its Chief Executive Officer since March 1, 2019. Mr. Yemini served as Chief Executive Officer of TechCare Corp. since June 05, 2018 until July 15, 2018 and also from October 2016 until August 2017. Mr. Yemini founded The Stanley Works Israel Ltd. in 1987 and serves as its Chairman. He founded ZAG Industries Ltd. (ZAG was acquired by Stanley) in 1987 and served as its Chief Executive Officer until 2000 and its Chairman until 2006. Mr. Yemini has over 25 years of industry experience. He co-founded Hydro Industries Ltd. in 2002 and served as its Chairman from 2002 to 2011. He has been the Chairman of Shenkar Design College since 2011 and Tel-Aviv Trade Fairs & Convention Center since 2002. He served as Non-executive Chairman of the Board of Directors of Polymer Logistics N.V. He served as an Independent Director of Nano Dimension Ltd. from January 28, 2015 to April 24, 2017. He served as a Non-Executive Director of Polymer Logistics N.V. since January 1, 1999. He is Winner of the 2001 Industrial Award, the 2000 Israel Export Award and the 1998 Kaplan Award. Mr. Yemini holds B.A in Industrial Engineering from the Technion Israel Institute of Technology and an Executive M.B.A. from Tel-Aviv University and M.A. in Marketing from Baruch College in New York.
Zvi's compensation has been consistent with company performance over the past year, both up more than 20%.
Zvi's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the TechCare management team is less than 2 years, this suggests a new team.
Chairman & CEO
Chief Financial Officer
Chief Marketing Officer
Chief Commercial Officer
European Chief Executive Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the TechCare board of directors is less than 3 years, this suggests a new board.
TechCare Corp., a technology company, engages in the design, development, and commercialization of a platform utilizing proprietary vaporization technology to enable health, wellness, and beauty treatments in the Netherlands and Israel. Its products include Novokid, a device for the treatment of head lice and eggs; and Shine, a device for the treatment and rejuvenation of the hair and scalp. The company is headquartered in Rosh HaAyin, Israel.
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