Credit and interest ratesnegative · 3 filings
“The Company will not be required to make a prepayment of borrowings as a result of excess cash flow for the year ended December 31, 2025.”10-K · Feb 19, 2026 ↗
SEM
SEM
Market read
SEM's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company-0.1% todayVolume comparison unavailable
Market group0 of 15 activeSatellite & IoT Technologies · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- SEM's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if SEM's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 15 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- SEM's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods4
Price observations277
Usable filing statements63
Verified relationships5
Evidence supporting the case
- Latest annual revenue changed +18.3% year over year.
- Operating margin changed +3.0 percentage points in the latest annual period.
- Operating cash flow covered net income at 2.37x in the latest annual period.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
- P/E is 52% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 81% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Jun 30, 2026
16.516m+11.8%12m+8.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2016-12-31$4.2B———
2021-12-31$6.2B+47.1%$2.98+1.8%
2022-12-31$4.6B-25.7%$1.23-4.3%
2025-12-31$5.5B+18.3%$1.16-1.6%
What management says matters
Persistent and emerging business drivers
Demand and volumepositive · 1 filings
“With these leading positions in the areas we serve, we believe that we are well-positioned to benefit from the rising demand for medical services due to an aging population in the United States, which will drive growth across our business segments.”10-K · Feb 19, 2026 ↗
Input and raw-material costspositive · 1 filings
“A number of factors contribute to increased labor costs, such as constrained staffing due to a shortage of healthcare workers, increased dependence on contract clinical workers, the cost of recruiting and training new employees, the cost of retaining existing…”10-K · Feb 19, 2026 ↗
Labor availability and costspositive · 1 filings
“A number of factors contribute to increased labor costs, such as constrained staffing due to a shortage of healthcare workers, increased dependence on contract clinical workers, the cost of recruiting and training new employees, the cost of retaining existing…”10-K · Feb 19, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.4× · EV/sales 0.4×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
16.52-0.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Jun, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for SEM. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for SEM. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind SEM
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
THCTenet Healthcare CorporationsupplierFeb 19, 2026 ▾
“Malatesta held financial roles at Tenet Healthcare, Health Partners Insurance of Philadelphia and the Graduate Health System.”
CONConcentra Group Holdings Parent, Inc.partnerApr 30, 2026 ▾
“The increase in general and administrative expenses was principally attributable to an increase in personnel expense, partially due to the timing of accrued bonuses and a decrease in support services costs charged to Concentra Group Holdings Parent, Inc.”
TYLTyler Technologies, Inc.partnerFeb 19, 2026 ▾
“Rusignuolo 50 Executive Vice President and Chief Information Officer John Tyler Hollenbach 43 Executive Vice President, Strategy and Growth Christopher S.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
SEM is currently a Follower in the organic co-movement group Satellite & IoT Technologies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for SEM; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.