WOOF  Vca Antech Inc.

Exchange

NASDAQ

Sector

Consumer Non-Durables

Industry

Farming/Seeds/Milling

Market Cap.

7406.47B

Vuru Grade

47.11/100

Current Price

$90.79
+0.02 (+0.02%)

Growth Price

$39.86
Overvalued by 56.09%

Stability Price

$19.77
Overvalued by 78.22%

Company Metrics

  • P/E 31.42
  • P/S 2942.09
  • P/B 5.05
  • EPS 2.56
  • Cash ROIC 9.07%
  • Cash Ratio 0.43
  • Dividend 0 / N/A %
  • Avg. Vol. 1.99M
  • Shares 82.41M
  • Market Cap. 7406.47B

Company Description

VCA Antech, Inc. operates as an animal healthcare company in the United States and Canada. The company offers veterinary services and diagnostic testing to support veterinary care; and sells diagnostic imaging equipment, and other medical technology products and related services to the veterinary market. It operates in three segments: Animal Hospital, Laboratory, and Medical Technology. The Animal... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of ...
PR Newswire (press release) - Feb 16, 2017
NEW YORK, Feb. 16, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating VCA, Inc. ("VCA" or the ...
VCA Inc. Bottom Line Climbs 16% In Q4
Nasdaq - Feb 9, 2017
(RTTNews.com) - VCA Inc. ( WOOF ) announced earnings for its fourth quarter that advanced from last year. The company said its bottom line came in at $47.43 million, or $0.58 per share.
VCA Inc. Reports Fourth Quarter 2016 Results
Yahoo Finance - Feb 9, 2017
09, 2017 (GLOBE NEWSWIRE) -- VCA Inc. (WOOF), a leading animal healthcare company in the United States and Canada, today reported financial results for the fourth quarter ended December 31, 2016, as follows: revenue increased 20.5% to a fourth ...
Why to Keeping Eye on Universal Display Corporation (OLED), VCA Inc. (WOOF)?
StockNewsJournal - Feb 16, 2017
VCA Inc. (NASDAQ:WOOF), at its latest closing price of $90.93, it has a price-to-book ratio of 5.00, compared to an industry average at 3.91.
Stocks on the Move: Universal Display Corporation (OLED), COPsync, Inc. (COYN ... - iStreetWire
The Marshall Wace LLP Has $85214000 Stake in VCA Inc. (WOOF)
DailyQuint - Feb 18, 2017
Marshall Wace LLP boosted its position in VCA Inc. (NASDAQ:WOOF) by 558.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.
VCA Inc. (WOOF) Position Increased by Comerica Bank - BBNS
What Analysts are Predicting For VCA Inc. (WOOF), Nektar Therapeutics (NKTR)?
The USA Commerce - Feb 17, 2017
Shares of VCA Inc. (NASDAQ:WOOF) dropped -0.18% to $90.77. During the trading on 02/16/2017, Company's stock ranged from $90.71 to $90.94.
Technical Roundup On Two Stocks VCA Inc. (WOOF), Nektar Therapeutics (NKTR) - Post Analyst
Lookout for Price Target? CIT Group Inc. (CIT), VCA Inc. (WOOF)
StockNewsJournal - Feb 10, 2017
VCA Inc. (NASDAQ:WOOF), at its latest closing price of $90.78, it has a price-to-book ratio of 5.12, compared to an industry average at 4.08.
Jefferies Group Weighs in on VCA Inc.'s Q1 2017 Earnings (WOOF) - The Cerbat Gem
The VCA Inc. (WOOF) Stake Increased by Candriam Luxembourg SCA - DailyQuint
Forward Earnings Estimate of VCA Inc.(WOOF)
Highland Mirror - Feb 10, 2017
VCA Inc. will release next earnings on Feb 09, 2017 with an estimated EPS consensus of $0.6. Based on the consensus of stock financial advisors the stock has a price target of $75.8.
Drilling Down Into VCA Inc. (WOOF)
StockNewsJournal - Feb 7, 2017
VCA Inc. (WOOF) is an interesting player in the Services space, with a focus on Personal Services. The stock has been active on the tape, currently trading at $90.69, up from yesterday's close by 0.04%.
Stocks Up-To-Date Information: VCA Inc. (NASDAQ:WOOF), ServiceNow, Inc. (NYSE:NOW) - TRA
Today's Brokerage Rating: VCA Inc. (WOOF), Spirit AeroSystems Holdings, Inc. (SPR)
StockNewsJournal - Feb 8, 2017
VCA Inc. (WOOF) have shown a high EPS growth of 15.10% in the last 5 years and has earnings decline of 66.10% yoy. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within ...
An End-of-Day Technical Review: VCA Inc. (WOOF), Spirit AeroSystems Holdings ... - Post Analyst
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for WOOF to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate WOOF's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

$90.79 Current Price

$39.86 Growth Price (DCF)

Overvalued by 56.09%


Growth Rate Assumed by Market: 35.57%


Future Free Cash Flow Growth Rate: 8.9%


Discount Rate: 15.0%


Show Free Cash Flow numbers

$19.77 Stability Price (EPV)

Overvalued by 78.22%


Discount Rate: 15.0%

$51.06 Book Price

Overvalued by 43.76%


Poor Cash Return on Invested Capital over the past 5 years

WOOF has been unable to consistently generate sufficient returns from its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

WOOF has only created $9.07 of cash for every $100 invested.
Figures in USD. Fiscal year ends in December
20112012201320142015
Free Cash Flow 127.57M 160.45M 183.10M 197.26M 222.31M
divided by
Invested Capital 1.77B 1.84B 1.91B 2.05B 2.18B
Cash ROIC 7.19% 8.73% 9.59% 9.61% 10.22%

Growing Return on Equity over the past 5 years

WOOF has been growing returns with capital that shareholders have invested. This is a positive sign and demonstrates that both the business and management performance are improving over time.

WOOF has generated $10.58 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in December
20112012201320142015
Net Income 95.41M 50.72M 142.92M 140.68M 216.10M
divided by
Stockholders' Equity 1.11B 1.18B 1.31B 1.20B 1.24B
Return on Equity 8.61% 4.29% 10.93% 11.72% 17.36%

Excellent Business Performance over the past 10 years

WOOF has been able to maintain profitability in good times and bad. This could mean WOOF has an extremely strong business or has the ability to scale down costs when needed. This should be a fairly resilient business, but double check for future sustainability by looking at its Risk Factors in the Annual Report.

WOOF has created positive free cash flow for 9 or more of the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Free Cash Flow 91.57M 121.66M 120.68M 127.78M 96.83M 127.57M 160.45M 183.10M 197.26M 222.31M

Weak Balance Sheet

WOOF's financial position is not ideal. The key is to check whether WOOF is using debt to fuel its growth and the sustainability of that tendency. Highly capital intensive businesses (see Economic Moat) follow this route, which can deeply impact the future prospects of the business.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Cash 45.10M 110.87M 88.96M 145.18M 97.13M 63.65M 68.44M 125.03M 81.38M 98.89M
Current Assets 152.97M 216.90M 199.07M 278.21M 246.31M 237.16M 243.53M 309.75M 283.45M 282.16M
Total Assets 971.96M 1.29B 1.45B 1.63B 1.77B 2.00B 2.09B 2.24B 2.33B 2.51B
Current Liabilities 94.80M 116.39M 123.12M 122.36M 141.59M 156.99M 185.44M 204.15M 197.22M 232.31M
Total Liabilities 541.65M 718.33M 738.05M 752.36M 767.50M 887.49M 908.08M 930.44M 1.13B 1.26B
Stockholder' Equity 430.31M 568.38M 710.99M 875.05M 998.92M 1.11B 1.18B 1.31B 1.20B 1.24B
Current Ratio 1.61 1.86 1.62 2.27 1.74 1.51 1.31 1.52 1.44 1.21
TL-to-TA 0.56 0.56 0.51 0.46 0.43 0.44 0.43 0.42 0.49 0.50

Consistent Reinvestment of Profits over the past 10 years

WOOF has consistently retained profits. This may put WOOF in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, WOOF can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Retained Earnings 154.59M 275.60M 408.58M 540.01M 650.25M 745.66M 791.21M 928.72M 1.06B 1.28B
Retained Earnings Growth - 78.28% 48.25% 32.17% 20.41% 14.67% 6.11% 17.38% 14.58% 19.83%

Competitive Industry over the past 10 years

WOOF is likely operating in an industry with medium to low barriers to entry. This may mean that WOOF doesn't have a characteristic that's hard to replicate, such as exclusive distribution, branding or the ability to keep costs low. If Gross Margins are at least satisfactory, it's likely that WOOF invests heavily in R&D and Sales, General & Administrative expenses.

Only $8.44 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Net Income 105.53M 121.01M 132.98M 131.43M 110.24M 95.41M 50.72M 142.92M 140.68M 216.10M
divided by
Revenue 983.31M 1.16B 1.28B 1.31B 1.38B 1.49B 1.70B 1.80B 1.92B 2.13B
Net Profit Margin 10.73% 10.47% 10.41% 10.00% 7.98% 6.42% 2.98% 7.93% 7.33% 10.13%

Inconsistent Gross Profit Margins over the past 10 years

WOOF has good gross profit margins, however inconsistency of these margins is a cause for concern. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

$32.40 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Gross Profit 270.56M 321.42M 342.64M 343.00M 331.16M 1.49B 374.97M 409.38M 444.64M 510.07M
divided by
Revenue 983.31M 1.16B 1.28B 1.31B 1.38B 1.49B 1.70B 1.80B 1.92B 2.13B
Gross Margin 27.52% 27.80% 26.82% 26.09% 23.97% 100.00% 22.06% 22.70% 23.18% 23.91%

High Capital Intensity over the past 10 years

WOOF spends large amounts of capital buying new equipment or investing in new facilities to stay competitive. Over the long term, those costs may have to be fuelled by debt. Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.

60.05% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Capital Expenditure 35.32M 48.71M 72.64M 55.70M 71.24M 63.49M 76.81M 73.27M 72.95M 95.23M
divided by
Net Income 105.53M 121.01M 132.98M 131.43M 110.24M 95.41M 50.72M 142.92M 140.68M 216.10M
Capital Expenditure Ratio 33.47% 40.26% 54.62% 42.38% 64.62% 66.54% 151.45% 51.27% 51.85% 44.07%

Good Dividend History over the past 10 years

WOOF has distributed dividends for the past 5 years. Remember, the longer a company's dividend history, the more established the company might be and the more reliable the future of the dividend probably is.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Dividend Paid - - - 4.19M - 3.28M 4.48M 4.87M 5.01M 4.96M
divided by
Shares Outstanding 84.88M 85.72M 85.70M 86.10M 87.05M 87.39M 88.67M 89.66M 87.83M 82.41M
Dividend Paid Per Share - - - 0.05 - 0.04 0.05 0.05 0.06 0.06
Price at Year End 32.19 44.60 18.93 24.85 23.49 19.75 20.95 31.44 49.20 55.13
Dividend Yield - - - 0.20% - 0.19% 0.24% 0.17% 0.12% 0.11%

History of Stock Buybacks over the past 10 years

WOOF has some history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Shares Outstanding 84.88M 85.72M 85.70M 86.10M 87.05M 87.39M 88.67M 89.66M 87.83M 82.41M
Stock Bought Back - -0.97% 0.02% -0.46% -1.10% -0.39% -1.44% -1.11% 2.09% 6.57%
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