OTCPK:GBCS

Stock Analysis Report

Executive Summary

Global Healthcare REIT, Inc. (the “Company” or “Global”) was organized with the intent of operating as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets related to the healthcare industry.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Global Healthcare REIT's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.0%

GBCS

0.9%

US REITs

0.07%

US Market


1 Year Return

-30.4%

GBCS

21.8%

US REITs

8.9%

US Market

Return vs Industry: GBCS underperformed the US REITs industry which returned 21.8% over the past year.

Return vs Market: GBCS underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

GBCSIndustryMarket
7 Day-4.0%0.9%0.07%
30 Day-20.0%2.2%-0.3%
90 Day-25.0%7.9%-1.6%
1 Year-30.4%-30.4%27.0%21.8%11.3%8.9%
3 Year-47.8%-47.8%37.5%20.2%46.3%36.8%
5 Year-75.3%-76.0%65.5%30.4%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Global Healthcare REIT undervalued compared to its fair value and its price relative to the market?

11.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GBCS ($0.24) is trading above our estimate of fair value ($0)

Significantly Below Fair Value: GBCS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GBCS is unprofitable, so we can't compare its PE Ratio to the REITs industry average.

PE vs Market: GBCS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GBCS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBCS is overvalued based on its PB Ratio (11.7x) compared to the US REITs industry average (2.1x).


Next Steps

Future Growth

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

6.5%

Forecasted Real Estate 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 Global Healthcare REIT 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 GBCS’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 Global Healthcare REIT's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has Global Healthcare REIT performed over the past 5 years?

-23.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GBCS is unprofitable, and losses have increased over the past 5 years at a rate of -23.3% per year.

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

Earnings vs Industry: GBCS is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (16.9%).


Return on Equity

High ROE: GBCS has a negative Return on Equity (-115.36%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GBCS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GBCS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Global Healthcare REIT's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

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

Debt Coverage by Assets: GBCS's debt is not covered by short term assets (assets are 0.1x debt).


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: Whilst unprofitable GBCS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GBCS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 97.2% per year.


Financial Institutions Analysis

Asset Level: GBCS's level of assets compared to its equity is very high.

Allowance for Bad Loans: Insufficient data to determine if GBCS has a sufficient allowance for bad loans.

Low Risk Liabilities: GBCS reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if GBCS has an acceptable proportion of non-loan assets held.

Low Risk Deposits: GBCS has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if GBCS has an appropriate level of bad loans.


Next Steps

Dividend

What is Global Healthcare REIT's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage3.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if GBCS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GBCS is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GBCS'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 Global Healthcare REIT's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average board tenure


CEO

Lance Baller (46yo)

3.9yrs

Tenure

US$112,500

Compensation

Mr. Lance Jason Baller serves as Chief Executive Officer of Global Healthcare REIT, Inc. and served as its Interim Chief Executive Officer since November 20, 2015. Mr. Baller is the Co-Founder of Iofina Pl ...


Board Age and Tenure

4.3yrs

Average Tenure

47yo

Average Age

Experienced Board: GBCS's board of directors are considered experienced (4.3 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.


Ownership Breakdown


Management Team

  • Lance Baller (46yo)

    CEO & Director

    • Tenure: 3.9yrs
    • Compensation: US$112.50k
  • Zvi Rhine (40yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$359.89k
  • Jacob Taylor

    Controller

    • Tenure: 0yrs

Board Members

  • Cliff Neuman (71yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$30.00k
  • Lance Baller (46yo)

    CEO & Director

    • Tenure: 3.9yrs
    • Compensation: US$112.50k
  • Adam Desmond (48yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$30.00k
  • Zvi Rhine (40yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$359.89k

Company Information

Global Healthcare REIT, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Healthcare REIT, Inc.
  • Ticker: GBCS
  • Exchange: OTCPK
  • Founded: 1978
  • Industry: Health Care REITs
  • Sector: Real Estate
  • Market Cap: US$6.586m
  • Shares outstanding: 27.44m
  • Website: https://www.gbcsreit.com

Number of Employees


Location

  • Global Healthcare REIT, Inc.
  • 6800 North 79th Street
  • Suite 200
  • Niwot
  • Colorado
  • 80503
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBCSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1987

Biography

Global Healthcare REIT, Inc. (the “Company” or “Global”) was organized with the intent of operating as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets rel ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:46
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
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.