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Change Healthcare Inc. (CHNG)
Key financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | - | 0 | 0 | 197 | 3,090 | 3,481 | 3,497 |
| Operating profit | $m | 225 | - | |||||
| Net profit | $m | - | 61 | -52 | -948 | -112 | -155 | -122 |
| EPS reported | $ | -0.48 | -0.37 | |||||
| Operating cashflow per share | $ | 2.15 | 2.15 | |||||
| Capex per share | $ | 0.85 | 0.85 | |||||
| FCF per share | $ | 1.30 | 1.30 | |||||
| Free cash flow | $m | 421 | 626 | |||||
| Net debt | $m | 4,412 | 4,397 | |||||
| Book value equity | $m | 3,276 | 3,291 | |||||
| Book value per share | $ | 10.11 | 10.08 | |||||
| Number of shares | m | 324 | 326.56 | |||||
| DPS (TTM paid) | $ | 2.00 | 0.00 |
Financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 2.16 | 2.73 | |||||
| P/S LTM | x | 2.03 | 2.57 | |||||
| P/FCF LTM | x | 16.79 | 14.34 | |||||
| EV/EBITDA LTM | x | 14.17 | 1.08 | |||||
| EV/Sales LTM | x | 3.30 | 3.82 | |||||
| Earnings Yield LTM | % | -2.19% | -1.74% | |||||
| FCF Yield | % | 5.95% | 6.98% | |||||
| Quality | ||||||||
| ROE | % | -4.72% | -4.74% | |||||
| ROIC | % | 2.54% | 2.54% | |||||
| Operating margin | % | 6.48% | 6.48% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | 12.08% | 12.08% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +12.63% | +7.15% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | +23.77% | +122.38% | |||||
| Operating Profit Growth | % | +125.31% | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.09 | 0.14 | |||||
| Net Debt/EBITDA | x | 5.45 | 5.45 | |||||
| EBIT/Net interest | x | 0.96 | 0.96 | |||||
| Net debt/market cap | % | 62.46% | 48.98% | |||||
| Net debt/Equity | x | 1.35 | 1.34 | |||||
| Gross debt/equity | x | 1.42 | 1.39 | |||||
Company overview
Change Healthcare Inc. is an autonomous digital health solutions provider that harnesses data and advanced analytics to optimize clinical processes, streamline financial operations, enhance administrative efficiency, and foster greater patient involvement within the American healthcare landscape. The company organizes its activities into three core segments. Firstly, the Software and Analytics division delivers advanced software and analytics across critical areas like revenue cycle management, provider network administration, payment precision, clinical decision support, value-based care facilitation, consumer engagement strategies, risk adjustment and quality performance metrics, and imaging and clinical workflow optimization. Secondly, Network Solutions provides comprehensive connectivity and transactional platforms, facilitating financial, administrative, clinical, and pharmacy exchanges. This segment encompasses connected consumer health, robust network infrastructure, electronic payment solutions, comprehensive data management, pharmacy services, and the crucial aggregation and analysis of clinical and financial information. Finally, the Technology-Enabled Services segment offers managed services covering financial and administrative oversight, value-based care programs, communication and payment systems, pharmacy benefits administration, and specialized healthcare consulting. Change Healthcare's diverse clientele spans both healthcare payers—including commercial, private, BlueCross Blue Shield, Medicare/Medicaid, and provider-sponsored plans, as well as third-party administrators and innovative data-driven health plans—and a wide array of healthcare providers such as hospitals, health systems, physician and dental practices, pharmacies, skilled nursing and home health agencies, telehealth providers, senior care facilities, laboratories, and other medical service providers. Established in 2016, Change Healthcare Inc. maintains its corporate headquarters in Nashville, Tennessee.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Change Healthcare Inc. (CHNG)
Change Healthcare Inc. is an autonomous digital health solutions provider that harnesses data and advanced analytics to optimize clinical processes, streamline financial operations, enhance administrative efficiency, and foster greater patient involvement within the American healthcare landscape. The company organizes its activities into three core segments. Firstly, the Software and Analytics division delivers advanced software and analytics across critical areas like revenue cycle management, provider network administration, payment precision, clinical decision support, value-based care facilitation, consumer engagement strategies, risk adjustment and quality performance metrics, and imaging and clinical workflow optimization. Secondly, Network Solutions provides comprehensive connectivity and transactional platforms, facilitating financial, administrative, clinical, and pharmacy exchanges. This segment encompasses connected consumer health, robust network infrastructure, electronic payment solutions, comprehensive data management, pharmacy services, and the crucial aggregation and analysis of clinical and financial information. Finally, the Technology-Enabled Services segment offers managed services covering financial and administrative oversight, value-based care programs, communication and payment systems, pharmacy benefits administration, and specialized healthcare consulting. Change Healthcare's diverse clientele spans both healthcare payers—including commercial, private, BlueCross Blue Shield, Medicare/Medicaid, and provider-sponsored plans, as well as third-party administrators and innovative data-driven health plans—and a wide array of healthcare providers such as hospitals, health systems, physician and dental practices, pharmacies, skilled nursing and home health agencies, telehealth providers, senior care facilities, laboratories, and other medical service providers. Established in 2016, Change Healthcare Inc. maintains its corporate headquarters in Nashville, Tennessee.
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