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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Cash-to-Debt 0.05
HCP's Cash-to-Debt is ranked higher than
62% of the 646 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.06 vs. HCP: 0.05 )
Ranked among companies with meaningful Cash-to-Debt only.
HCP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.01 Max: N/A
Current: 0.05
Equity-to-Asset 0.40
HCP's Equity-to-Asset is ranked lower than
76% of the 685 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.52 vs. HCP: 0.40 )
Ranked among companies with meaningful Equity-to-Asset only.
HCP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.47 Max: 0.6
Current: 0.4
0.31
0.6
Piotroski F-Score: 9
Altman Z-Score: 0.97
Beneish M-Score: -3.20
WACC vs ROIC
5.47%
0.28%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating Margin % -0.26
HCP's Operating Margin % is ranked lower than
88% of the 689 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 48.29 vs. HCP: -0.26 )
Ranked among companies with meaningful Operating Margin % only.
HCP' s Operating Margin % Range Over the Past 10 Years
Min: -0.26  Med: 33.84 Max: 48.1
Current: -0.26
-0.26
48.1
Net Margin % 38.84
HCP's Net Margin % is ranked higher than
60% of the 690 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 38.46 vs. HCP: 38.84 )
Ranked among companies with meaningful Net Margin % only.
HCP' s Net Margin % Range Over the Past 10 Years
Min: -28.82  Med: 35.26 Max: 64.92
Current: 38.84
-28.82
64.92
ROE % 9.69
HCP's ROE % is ranked higher than
78% of the 693 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 6.68 vs. HCP: 9.69 )
Ranked among companies with meaningful ROE % only.
HCP' s ROE % Range Over the Past 10 Years
Min: -5.58  Med: 8.36 Max: 15.35
Current: 9.69
-5.58
15.35
ROA % 3.97
HCP's ROA % is ranked higher than
69% of the 698 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 3.19 vs. HCP: 3.97 )
Ranked among companies with meaningful ROA % only.
HCP' s ROA % Range Over the Past 10 Years
Min: -2.61  Med: 3.59 Max: 5.23
Current: 3.97
-2.61
5.23
ROC (Joel Greenblatt) % 6.61
HCP's ROC (Joel Greenblatt) % is ranked lower than
54% of the 575 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 12.00 vs. HCP: 6.61 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
HCP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.62  Med: 6.91 Max: 12
Current: 6.61
4.62
12
3-Year Revenue Growth Rate -0.40
HCP's 3-Year Revenue Growth Rate is ranked lower than
64% of the 497 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.60 vs. HCP: -0.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
HCP' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -11.6  Med: 2.6 Max: 24.2
Current: -0.4
-11.6
24.2
3-Year EBITDA Growth Rate -7.20
HCP's 3-Year EBITDA Growth Rate is ranked lower than
78% of the 458 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.70 vs. HCP: -7.20 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
HCP' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: -4.6 Max: 38.1
Current: -7.2
0
38.1
3-Year EPS without NRI Growth Rate -26.90
HCP's 3-Year EPS without NRI Growth Rate is ranked lower than
85% of the 404 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 5.00 vs. HCP: -26.90 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
HCP' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -45  Med: 5.8 Max: 98.5
Current: -26.9
-45
98.5
GuruFocus has detected 7 Warning Signs with HCP Inc $HCP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» HCP's 30-Y Financials

Financials (Next Earnings Date: 2017-11-01 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

HCP Guru Trades in Q3 2016

Jim Simons 1,377,200 sh (+12.21%)
Paul Tudor Jones 19,620 sh (-40.98%)
» More
Q4 2016

HCP Guru Trades in Q4 2016

Ray Dalio 19,300 sh (New)
Manning & Napier Advisors, Inc 222,960 sh (New)
Jim Simons 3,485,200 sh (+153.06%)
Paul Tudor Jones 22,466 sh (+14.51%)
Ronald Muhlenkamp 18,000 sh (unchged)
» More
Q1 2017

HCP Guru Trades in Q1 2017

George Soros 6,400 sh (New)
Steven Cohen 308,300 sh (New)
Ronald Muhlenkamp 18,000 sh (unchged)
Ray Dalio Sold Out
Paul Tudor Jones 19,003 sh (-15.41%)
Manning & Napier Advisors, Inc 167,285 sh (-24.97%)
Jim Simons 2,064,931 sh (-40.75%)
» More
Q2 2017

HCP Guru Trades in Q2 2017

Barrow, Hanley, Mewhinney & Strauss 2,383,013 sh (New)
Caxton Associates 15,500 sh (New)
Paul Tudor Jones 65,756 sh (+246.03%)
Manning & Napier Advisors, Inc 232,380 sh (+38.91%)
Ronald Muhlenkamp 18,000 sh (unchged)
George Soros Sold Out
Steven Cohen Sold Out
Jim Simons 598,800 sh (-71.00%)
» More
» Details

Insider Trades

Latest Guru Trades with HCP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Barrow, Hanley, Mewhinney & Strauss 2017-06-30 New Buy0.12%$29.89 - $33.39 $ 29.40-7%2,383,013
George Soros 2017-06-30 Sold Out 0.01%$29.89 - $33.39 $ 29.40-7%0
George Soros 2017-03-31 New Buy0.01%$29.51 - $32.79 $ 29.40-4%6,400
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Business Description

Industry: REITs » REIT - Healthcare Facilities    NAICS: 531390    SIC: 6798
Compare:NYSE:OHI, NYSE:HTA, NYSE:MPW, NAS:SNH, NYSE:HR, NYSE:VTR, NYSE:NHI, NYSE:DOC, NYSE:GEO, NYSE:CCP, NYSE:LTC, NAS:CTRE, NAS:SBRA, NYSE:QCP, NYSE:UHT, NYSE:HCN, NYSE:CHCT, NYSE:GMRE, OTCPK:GBCS » details
Traded in other countries:HC5.Germany,
Headquarter Location:USA
HCP Inc is a real estate investment trust. It invests in real estate serving the healthcare industry in the U.S. It acquires, develops, leases, manages and disposes of healthcare real estate and provides financing to healthcare providers.

HCP has interests in roughly 300 senior housing facilities, 100 life science properties, 200 medical office buildings, hospitals, and other healthcare properties. It also owns roughly $875 million of debt investments in these areas.

Ratios

vs
industry
vs
history
PE Ratio 20.28
HCP's PE Ratio is ranked higher than
57% of the 609 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 17.14 vs. HCP: 20.28 )
Ranked among companies with meaningful PE Ratio only.
HCP' s PE Ratio Range Over the Past 10 Years
Min: 6.73  Med: 21.07 Max: 74.47
Current: 20.28
6.73
74.47
Forward PE Ratio 41.67
HCP's Forward PE Ratio is ranked lower than
85% of the 213 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 19.61 vs. HCP: 41.67 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 33.41
HCP's PE Ratio without NRI is ranked lower than
62% of the 605 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 53.83 vs. HCP: 33.41 )
Ranked among companies with meaningful PE Ratio without NRI only.
HCP' s PE Ratio without NRI Range Over the Past 10 Years
Min: 16.47  Med: 32.96 Max: 118.6
Current: 33.41
16.47
118.6
Price-to-Owner-Earnings 28.19
HCP's Price-to-Owner-Earnings is ranked lower than
52% of the 286 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 17.58 vs. HCP: 28.19 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
HCP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.06  Med: 19.19 Max: 131.75
Current: 28.19
7.06
131.75
PB Ratio 2.42
HCP's PB Ratio is ranked lower than
90% of the 684 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.12 vs. HCP: 2.42 )
Ranked among companies with meaningful PB Ratio only.
HCP' s PB Ratio Range Over the Past 10 Years
Min: 0.76  Med: 1.62 Max: 3.84
Current: 2.42
0.76
3.84
PS Ratio 7.77
HCP's PS Ratio is ranked lower than
51% of the 653 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 7.52 vs. HCP: 7.77 )
Ranked among companies with meaningful PS Ratio only.
HCP' s PS Ratio Range Over the Past 10 Years
Min: 3.03  Med: 8.02 Max: 12.19
Current: 7.77
3.03
12.19
Price-to-Free-Cash-Flow 131.25
HCP's Price-to-Free-Cash-Flow is ranked lower than
83% of the 327 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 19.79 vs. HCP: 131.25 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
HCP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.67  Med: 27.14 Max: 149.06
Current: 131.25
9.67
149.06
Price-to-Operating-Cash-Flow 14.11
HCP's Price-to-Operating-Cash-Flow is ranked higher than
62% of the 578 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 15.35 vs. HCP: 14.11 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
HCP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5.85  Med: 14.24 Max: 22.78
Current: 14.11
5.85
22.78
EV-to-EBIT 28.33
HCP's EV-to-EBIT is ranked lower than
52% of the 633 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 20.41 vs. HCP: 28.33 )
Ranked among companies with meaningful EV-to-EBIT only.
HCP' s EV-to-EBIT Range Over the Past 10 Years
Min: -330.9  Med: 25.3 Max: 249
Current: 28.33
-330.9
249
EV-to-EBITDA 16.22
HCP's EV-to-EBITDA is ranked higher than
66% of the 650 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 17.07 vs. HCP: 16.22 )
Ranked among companies with meaningful EV-to-EBITDA only.
HCP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.3  Med: 17.4 Max: 63.4
Current: 16.22
11.3
63.4
Shiller PE Ratio 20.32
HCP's Shiller PE Ratio is ranked higher than
59% of the 202 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 24.74 vs. HCP: 20.32 )
Ranked among companies with meaningful Shiller PE Ratio only.
HCP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.19  Med: 20.61 Max: 28.88
Current: 20.32
9.19
28.88
Current Ratio 0.91
HCP's Current Ratio is ranked higher than
72% of the 649 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.93 vs. HCP: 0.91 )
Ranked among companies with meaningful Current Ratio only.
HCP' s Current Ratio Range Over the Past 10 Years
Min: 0.3  Med: 0.71 Max: 10.36
Current: 0.91
0.3
10.36
Quick Ratio 0.91
HCP's Quick Ratio is ranked higher than
74% of the 649 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.85 vs. HCP: 0.91 )
Ranked among companies with meaningful Quick Ratio only.
HCP' s Quick Ratio Range Over the Past 10 Years
Min: 0.3  Med: 0.71 Max: 10.36
Current: 0.91
0.3
10.36
Days Sales Outstanding 7.59
HCP's Days Sales Outstanding is ranked higher than
78% of the 498 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 18.36 vs. HCP: 7.59 )
Ranked among companies with meaningful Days Sales Outstanding only.
HCP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.78  Med: 8.65 Max: 18.06
Current: 7.59
4.78
18.06

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 5.03
HCP's Dividend Yield % is ranked higher than
61% of the 996 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 5.07 vs. HCP: 5.03 )
Ranked among companies with meaningful Dividend Yield % only.
HCP' s Dividend Yield % Range Over the Past 10 Years
Min: 4.12  Med: 5.94 Max: 12.57
Current: 5.03
4.12
12.57
Dividend Payout Ratio 1.33
HCP's Dividend Payout Ratio is ranked higher than
54% of the 735 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.85 vs. HCP: 1.33 )
Ranked among companies with meaningful Dividend Payout Ratio only.
HCP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.07  Med: 2.53 Max: 8
Current: 1.33
1.07
8
3-Year Dividend Growth Rate -0.10
HCP's 3-Year Dividend Growth Rate is ranked lower than
71% of the 391 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.20 vs. HCP: -0.10 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
HCP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -0.1  Med: 4.3 Max: 7.6
Current: -0.1
-0.1
7.6
Forward Dividend Yield % 5.11
HCP's Forward Dividend Yield % is ranked lower than
59% of the 996 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 5.12 vs. HCP: 5.11 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 5.74
HCP's 5-Year Yield-on-Cost % is ranked higher than
56% of the 996 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 5.82 vs. HCP: 5.74 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
HCP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.64  Med: 6.69 Max: 14.15
Current: 5.74
4.64
14.15
3-Year Average Share Buyback Ratio -0.80
HCP's 3-Year Average Share Buyback Ratio is ranked higher than
79% of the 424 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: -5.30 vs. HCP: -0.80 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
HCP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -22.9  Med: -8.8 Max: -0.8
Current: -0.8
-22.9
-0.8

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 2.63
HCP's Price-to-Tangible-Book is ranked lower than
91% of the 676 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.14 vs. HCP: 2.63 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
HCP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94  Med: 1.88 Max: 3.62
Current: 2.63
0.94
3.62
Price-to-Intrinsic-Value-Projected-FCF 1.71
HCP's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
70% of the 264 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.15 vs. HCP: 1.71 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
HCP' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.91  Med: 1.59 Max: 14.16
Current: 1.71
0.91
14.16
Price-to-Median-PS-Value 0.97
HCP's Price-to-Median-PS-Value is ranked higher than
69% of the 553 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 1.07 vs. HCP: 0.97 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
HCP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.42  Med: 0.92 Max: 1.59
Current: 0.97
0.42
1.59
Price-to-Graham-Number 1.98
HCP's Price-to-Graham-Number is ranked lower than
80% of the 541 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 0.92 vs. HCP: 1.98 )
Ranked among companies with meaningful Price-to-Graham-Number only.
HCP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.73  Med: 1.36 Max: 3.6
Current: 1.98
0.73
3.6
Earnings Yield (Greenblatt) % 3.53
HCP's Earnings Yield (Greenblatt) % is ranked higher than
53% of the 705 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 4.49 vs. HCP: 3.53 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
HCP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -0.3  Med: 3.9 Max: 5.8
Current: 3.53
-0.3
5.8
Forward Rate of Return (Yacktman) % -4.41
HCP's Forward Rate of Return (Yacktman) % is ranked lower than
65% of the 387 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 2.27 vs. HCP: -4.41 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
HCP' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -7.9  Med: 4.8 Max: 22.1
Current: -4.41
-7.9
22.1

More Statistics

Revenue (TTM) (Mil) $1,777.60
EPS (TTM) $ 1.45
Beta0.64
Short Percentage of Float2.93%
52-Week Range $27.61 - 36.50
Shares Outstanding (Mil)468.96

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,615 1,673 1,222
EPS ($) 0.69 0.78 0.70
EPS without NRI ($) 0.69 0.78 0.70
EPS Growth Rate
(Future 3Y To 5Y Estimate)
20.44%
Dividends per Share ($) 1.49 1.54 1.65
» More Articles for HCP

Headlines

Articles On GuruFocus.com
HCP Declares Quarterly Cash Dividend on Common Stock Jul 27 2017 
HCP Announces Pricing of Tender Offer Jul 26 2017 
HCP Announces Early Tender Results Jul 26 2017 
HCP Announces Tender Offer for Outstanding Notes Jul 12 2017 
Shawn Johnston to Join HCP as Senior Vice President and Chief Accounting Officer Jul 11 2017 
LTC Properties: Monthly Dividend Health Care REIT May 18 2017 
HCP Appoints Scott Brinker as Chief Investment Officer May 15 2017 
HCP Declares Quarterly Cash Dividend on Common Stock Apr 27 2017 
HCP to Report First Quarter 2017 Financial Results and Host Conference Call/Webcast Apr 04 2017 
Justin Hutchens to Leave HCP to Become Chief Executive Officer of U.K.-based Operator HC-One Apr 03 2017 

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