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
In this section, we usually try to help investors determine whether Alternate Health is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Alternate Health 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. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Alternate Health. 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
Alternate Health's earnings available for a low price, and how does
this compare to other companies in the same industry?
Alternate Health has negative assets, we can't compare the value of its assets to the CA Healthcare Services industry average.
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 Alternate Health's regulatory filings and announcements.
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 Alternate Health 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 Healthcare Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Alternate Health's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Alternate Health's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Alternate Health's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Alternate Health is high growth as no earnings estimate data is available.
Unable to determine if Alternate Health 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.
Alternate Health'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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Alternate Health's finances.
The net worth of a company is the difference between its assets and liabilities.
Alternate Health's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Alternate Health's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Alternate Health's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Alternate Health has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
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. Howard W. Mann has been the Chief Executive Officer and Director of Alternate Health Corp. since December 11, 2018. He founded Alternate Health Corp. in 2014 and was instrumental in its growth and public listing at the beginning of 2017. He served as Chief Executive Officer and President of Alternate Health Corp. since April 16, 2015 until May 13, 2015. Mr. Mann has founded numerous businesses and consulted on various membership platforms, online advertising and marketing platforms, streaming media and cloud storage platforms, social networking, television and video production, animation production, merchandising, branding, and direct marketing projects. He has direct experience with international licensing, as well as creating numerous domestic and international commercial programs, merchandising items, and electronic rights properties. He has been an Member of Advisory Board of New Global Energy, Inc. (NGEY) since January 05, 2015. He serves as a Director of Alternate Health Inc., and VIP LLC.
Insufficient data for Howard to compare compensation growth.
Insufficient data for Howard to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Alternate Health management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Senior Vice President of Operations
Senior Vice President of Technology
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Alternate Health board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Alternate Health individual insiders in the past 3 months, but not in substantial volumes.
Could Alternate Health Corp.'s (CNSX:AHG) Investor Composition Influence The Stock Price?
A look at the shareholders of Alternate Health Corp. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Alternate Health is a smaller company with a market capitalization of CA$31m, so it may still be flying under the radar of many institutional investors.
The big shareholder groups in Alternate Health Corp (CNSX:AHG) have power over the company. … Alternate Health is not a large company by global standards. … Check out our latest analysis for Alternate Health
Alternate Health Corp., a diversified healthcare company, provides cloud based software solutions in Canada. It offers medical practice and controlled substance management software, blood analysis and toxicology labs, clinical research, continuing education programs, nutraceutical products, and security and control services to the medical cannabis industry. The company is headquartered in Toronto, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.