CHE
Chemed Corporation Healthcare - Medical Care Facilities Investor Relations →
Chemed Corporation (CHE) closed at $504.06 as of 2026-09-18, trading 2.7% below its 200-week moving average of $517.98. This places CHE in the below line zone. The stock is currently moving closer to the line, down from -0.4% last week. With a 14-week RSI of 71, CHE is in overbought territory.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.12 ratio) is neutral — neither side is clearly dominating.
Over the past 2737 weeks of data, CHE has crossed below its 200-week moving average 38 times. On average, these episodes lasted 14 weeks. Historically, investors who bought CHE at the start of these episodes saw an average one-year return of +15.1%.
With a market cap of $6.6 billion, CHE is a mid-cap stock. The company generates a free cash flow yield of 4.7%. Return on equity stands at 27.1%, indicating strong profitability. The stock trades at 7.9x book value.
The company has been aggressively buying back shares, reducing its share count by 7.8% over the past three years. CHE passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.8 years, a hypothetical investment of $100 in CHE would have grown to $6584, compared to $3167 for the S&P 500. That represents an annualized return of 13.2% vs 10.8% for the index — confirming CHE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 8.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CHE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CHE Crosses Below the Line?
Across 16 historical episodes, buying CHE when it crossed below its 200-week moving average produced an average return of +14.8% after 12 months (median +8.0%), compared to +6.6% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +31.3% vs +9.3% for the index.
Each line shows $100 invested at the moment CHE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices CHE would reach each dislocation threshold.
Dislocation Price Levels
Prices where CHE's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-10-27.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $337.34 | Unusually cheap — analysis point |
| Value | +1σ | $378.25 | Cheap vs. own history |
| Fair Value | +0σ | $430.47 | Historical mean behavior |
| Expensive | -1σ | $499.40 | Expensive vs. own history |
| Deep Expensive | -2σ | $594.61 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-28 | $5.60 | $6.06 | +8.2% |
| 2026-04-23 | $5.30 | $5.65 | +6.5% |
| 2026-02-25 | $7.03 | $6.42 | -8.7% |
| 2025-10-28 | $5.37 | $5.27 | -1.8% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from CHE's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
CHE has crossed below its 200-week MA 38 times with an average 1-year return of +15.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1974 | Jul 1975 | 65 | 71.7% | -51.1% | +22907.8% |
| Jul 1975 | Jan 1976 | 23 | 27.6% | +24.7% | +27635.5% |
| May 1976 | Jun 1976 | 3 | 3.9% | +37.2% | +25857.6% |
| Oct 1976 | Nov 1976 | 3 | 2.2% | +23.7% | +25208.6% |
| Mar 1982 | Mar 1982 | 1 | 0.2% | +93.1% | +13960.3% |
| Jul 1984 | Jul 1984 | 1 | 0.4% | +13.4% | +9273.6% |
| Sep 1984 | Jan 1985 | 18 | 7.7% | +9.4% | +9405.6% |
| Apr 1985 | Jun 1985 | 8 | 3.4% | +38.1% | +8979.3% |
| Aug 1985 | Aug 1985 | 1 | 0.1% | +13.6% | +8515.7% |
| Sep 1985 | Nov 1985 | 8 | 8.6% | +3.4% | +8589.7% |
| Dec 1985 | Dec 1985 | 1 | 0.3% | +21.8% | +8371.5% |
| Aug 1986 | Aug 1986 | 1 | 0.3% | +36.4% | +7747.6% |
| Sep 1986 | Sep 1986 | 2 | 7.1% | +35.7% | +8031.3% |
| Oct 1986 | Oct 1986 | 1 | 0.5% | +17.8% | +7747.6% |
| Oct 1987 | Dec 1987 | 10 | 16.8% | +9.8% | +8197.9% |
| May 1988 | Sep 1988 | 20 | 11.0% | +6.3% | +7483.1% |
| Oct 1988 | Jan 1989 | 13 | 9.6% | +12.9% | +7454.8% |
| Jan 1989 | Feb 1989 | 2 | 2.1% | +3.7% | +7404.3% |
| Mar 1989 | Mar 1989 | 1 | 0.8% | +0.2% | +7329.2% |
| Jan 1990 | Feb 1990 | 1 | 2.3% | -39.5% | +7136.5% |
| Mar 1990 | Nov 1991 | 88 | 41.2% | -21.6% | +7313.7% |
| Jul 1998 | Nov 1998 | 19 | 21.2% | +7.1% | +3997.1% |
| Jan 1999 | May 1999 | 16 | 18.7% | +4.6% | +4075.8% |
| May 1999 | Jun 1999 | 2 | 0.7% | +1.9% | +3891.0% |
| Jul 1999 | Aug 1999 | 1 | 0.1% | -8.3% | +3844.4% |
| Aug 1999 | May 2000 | 41 | 20.7% | +0.1% | +3904.0% |
| Jun 2000 | Sep 2000 | 12 | 7.8% | +17.0% | +4079.0% |
| Jul 2001 | Aug 2001 | 2 | 10.4% | +22.6% | +4222.1% |
| Aug 2001 | Nov 2001 | 13 | 12.1% | +14.2% | +3907.8% |
| Jul 2002 | Jul 2002 | 1 | 2.3% | +27.0% | +3826.1% |
| Sep 2002 | Sep 2002 | 1 | 0.5% | +24.4% | +3721.8% |
| Oct 2002 | Oct 2002 | 1 | 1.5% | +25.6% | +3759.4% |
| Sep 2006 | Oct 2006 | 1 | 0.4% | +93.6% | +1661.5% |
| Mar 2008 | Oct 2009 | 83 | 30.3% | -13.0% | +1198.2% |
| Oct 2009 | Nov 2009 | 5 | 2.2% | +31.3% | +1132.4% |
| Sep 2022 | Oct 2022 | 4 | 2.8% | +19.4% | +17.2% |
| Jun 2025 | Jul 2026 | 56 | 29.0% | +4.0% | +7.2% |
| Sep 2026 | Ongoing | 2+ | 2.7% | Ongoing | -2.3% |
| Average | 14 | — | +15.1% | — |
Frequently Asked Questions
Is CHE below its 200-week moving average?
Yes. As of 2026-09-18, Chemed Corporation (CHE) is trading 2.7% below its 200-week moving average of $517.98. The current price is $504.06.
What is CHE's 200-week moving average price?
Chemed Corporation's 200-week moving average is $517.98 as of 2026-09-18. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CHE drops below its 200-week moving average?
CHE has crossed below its 200-week moving average 38 times in our data. On average, buying at that moment produced a one-year return of +15.1%. These dips have historically been decent entry points. These episodes lasted 14 weeks on average.
Is CHE a good value right now?
Here's what our data says about CHE as of 2026-09-18: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 71 (overbought). Free cash flow yield is 4.7%. Return on equity is 27.1%. Price-to-book is 7.9x. This is not a buy or sell recommendation — always do your own research.
How does CHE compare to the S&P 500?
Over the past 33.8 years, $100 invested in CHE would have grown to $6584, compared to $3167 for the S&P 500. That's 13.2% annualized vs 10.8% for the index. CHE has outperformed the broader market over this period.
Does CHE pay a dividend?
Yes. Chemed Corporation currently pays a dividend yield of 55.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-09-18