Tenet Healthcare (MIL:1THC) EV-to-EBIT: 7.66 (As of Aug. 01, 2026) — 33% Below Median

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MIL:1THC Tenet Healthcare Corp MIL:1THC
48 GF Score
Price €222.00
GF Value €159.76
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tenet Healthcare EV-to-EBIT?

Tenet Healthcare MIL:1THC 48 EV-to-EBIT is 7.66 as of Aug. 01, 2026, which is 33% below its 10-year median of 11.43. GuruFocus rates MIL:1THC with a GF Score™ of 48/100 and a GF Value™ of €159.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 471 Healthcare Providers & Services companies, Tenet Healthcare ranks better than 83.65% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenet Healthcare's Enterprise Value is €30,928 Mil. Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €4,035 Mil. Therefore, Tenet Healthcare's EV-to-EBIT for today is 7.66.

The historical rank and industry rank for Tenet Healthcare's EV-to-EBIT or its related term are showing as below:

MIL:1THC' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.26   Med: 11.43   Max: 25.44
Current: 7.61

During the past 13 years, the highest EV-to-EBIT of Tenet Healthcare was 25.44. The lowest was 4.26. And the median was 11.43.

MIL:1THC's EV-to-EBIT is ranked better than
83.65% of 471 companies
in the Healthcare Providers & Services industry
Industry Median: 15.84 vs MIL:1THC: 7.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tenet Healthcare's Enterprise Value for the quarter that ended in Jun. 2026 was €27,078 Mil. Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €4,035 Mil. Tenet Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.90%.


Tenet Healthcare  (MIL:1THC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tenet Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=4035.477/27078.354
=14.90 %

Tenet Healthcare's Enterprise Value for the quarter that ended in Jun. 2026 was €27,078 Mil.
Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,035 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tenet Healthcare EV-to-EBIT Related Terms


Tenet Healthcare EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tenet Healthcare EV-to-EBIT Chart

Tenet Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 10.15 10.02 4.37 8.93

Tenet Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.07 9.11 8.93 7.65 6.44

MIL:1THC vs DVA, EHC, ENSG: EV-to-EBIT Comparison

For the Medical Care Facilities subindustry, Tenet Healthcare's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tenet Healthcare EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tenet Healthcare's EV-to-EBIT falls into.


MIL:1THC
48GF Score
Tenet Healthcare Corp MIL:1THC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenet Healthcare EV-to-EBIT Calculation

Tenet Healthcare's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30927.793/4035.477
=7.66

Tenet Healthcare's current Enterprise Value is €30,928 Mil.
Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,035 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 7.66 mean?
Tenet Healthcare (MIL:1THC) has a EV-to-EBIT of 7.66 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenet Healthcare and its competitors. This is 33% below median its historical median of 11.43. Over the past decade, Tenet Healthcare's EV-to-EBIT has ranged from 4.26 to 25.44. According to the industry distribution chart, Tenet Healthcare ranks #77 out of 471 companies in the Healthcare Providers & Services industry, placing it in the top 16.3%.
Is Tenet Healthcare's EV-to-EBIT too high?
Tenet Healthcare's current EV-to-EBIT of 7.66 is 33% below median its 10-year median of 11.43. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 25.44. The Healthcare Providers & Services industry median EV-to-EBIT is 15.84. Tenet Healthcare's value of 7.66 is 51.6% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #77 out of 471 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tenet Healthcare has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's EV-to-EBIT compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #77 out of 471 companies for EV-to-EBIT. This places Tenet Healthcare in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 15.84. Tenet Healthcare's value of 7.66 is 51.6% below this benchmark. Historically, Tenet Healthcare's own EV-to-EBIT has ranged from 4.26 to 25.44 over the past decade. While the company's 10-year median is 11.43 vs. the industry median of 15.84, Tenet Healthcare has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Healthcare Providers & Services company?
The median EV-to-EBIT among Healthcare Providers & Services companies is 15.84, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenet Healthcare's current EV-to-EBIT of 7.66 is 51.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median EV-to-EBIT is 15.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current EV-to-EBIT is 7.66, which is 33% below median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Tenet Healthcare (MIL:1THC) is currently considered Significantly Overvalued. The stock's GF Value™ is €159.76, compared to a current price of €222.00 — trading 39% above its estimated fair value. The current EV-to-EBIT is 7.66, which is 33% below median its 10-year median of 11.43 and 51.6% below the Healthcare Providers & Services industry median of 15.84. Tenet Healthcare's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tenet Healthcare (MIL:1THC), the current EV-to-EBIT is 7.66 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenet Healthcare (MIL:1THC) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of €222.00 is trading 39% above its estimated GF Value™ of €159.76. GuruFocus considers Tenet Healthcare to be Significantly Overvalued.

Key valuation signals for MIL:1THC:

  • EV-to-EBIT: 7.66 (33% below median its 10-year median of 11.43)
  • GF Value™: €159.76 vs. price of €222.00 (39% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 51.6% below the Healthcare Providers & Services median (#77 of 471)

No single metric tells the full story. See the MIL:1THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenet Healthcare Business Description

Other Exchanges THC:USATHC1:Germany
Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
48GF Score

Get the complete analysis for MIL:1THC

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€222.00
Price
€159.76
GF Value