Business Description
Change Healthcare Inc
NAICS : 621999
SIC : 8099
Description
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.02 | |||||
| Equity-to-Asset | 0.34 | |||||
| Debt-to-Equity | 1.39 | |||||
| Debt-to-EBITDA | 5.74 | |||||
| Interest Coverage | 0.58 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 1.11 | |||||
| Beneish M-Score | -2.87 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year EPS without NRI Growth Rate | 25.8 | |||||
| 3-Year FCF Growth Rate | 255.1 | |||||
| 3-Year Book Growth Rate | 3 | |||||
| Future 3-5Y EPS without NRI Growth Rate Industry Rank | 9.51 | |||||
| Future 3-5Y Total Revenue Growth Rate Industry Rank | 3.94 |
Momentum Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 98.06 | |||||
| 9-Day RSI | 93.42 | |||||
| 14-Day RSI | 88.32 | |||||
| 6-1 Month Momentum % | 24.49 | |||||
| 12-1 Month Momentum % | 32.61 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.23 | |||||
| Quick Ratio | 1.23 | |||||
| Cash Ratio | 0.1 | |||||
| Days Sales Outstanding | 76.57 | |||||
| Days Payable | 19.31 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | -38.3 |
Profitability Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 53.06 | |||||
| Operating Margin % | 3.86 | |||||
| Net Margin % | -2.2 | |||||
| ROE % | -2.36 | |||||
| ROA % | -0.78 | |||||
| ROIC % | 0.89 | |||||
| ROC (Joel Greenblatt) % | 47.61 | |||||
| ROCE % | 1.19 | |||||
| Years of Profitability over Past 10-Year | 1 |
GF Value Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Forward PE Ratio | 17.76 | |||||
| PS Ratio | 2.54 | |||||
| PB Ratio | 2.71 | |||||
| Price-to-Free-Cash-Flow | 23.31 | |||||
| Price-to-Operating-Cash-Flow | 13.24 | |||||
| EV-to-EBIT | 127.59 | |||||
| EV-to-Forward-EBIT | 47.4 | |||||
| EV-to-EBITDA | 16.91 | |||||
| EV-to-Forward-EBITDA | 14.34 | |||||
| EV-to-Revenue | 3.84 | |||||
| EV-to-Forward-Revenue | 3.73 | |||||
| EV-to-FCF | 35.33 | |||||
| Earnings Yield (Greenblatt) % | 0.78 |
Guru Trades
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Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil €) | 3,141.404 | ||
| EPS (TTM) (€) | -0.213 | ||
| Beta | 0.77 | ||
| Volatility % | 20.03 | ||
| 14-Day RSI | 88.32 | ||
| 14-Day ATR (€) | 0.298802 | ||
| 20-Day SMA (€) | 25.15 | ||
| 12-1 Month Momentum % | 32.61 | ||
| 52-Week Range (€) | 16.5 - 27.8 | ||
| Shares Outstanding (Mil) | 328.31 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Change Healthcare Inc Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||