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CareTrust REIT (CareTrust REIT) EV-to-EBITDA : 24.23 (As of Apr. 27, 2024)


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What is CareTrust REIT EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CareTrust REIT's enterprise value is $3,534.2 Mil. CareTrust REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $145.8 Mil. Therefore, CareTrust REIT's EV-to-EBITDA for today is 24.23.

The historical rank and industry rank for CareTrust REIT's EV-to-EBITDA or its related term are showing as below:

CTRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.75   Med: 18.28   Max: 37.31
Current: 24.23

During the past 12 years, the highest EV-to-EBITDA of CareTrust REIT was 37.31. The lowest was 10.75. And the median was 18.28.

CTRE's EV-to-EBITDA is ranked worse than
75.29% of 603 companies
in the REITs industry
Industry Median: 15.25 vs CTRE: 24.23

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-27), CareTrust REIT's stock price is $24.31. CareTrust REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.480. Therefore, CareTrust REIT's PE Ratio for today is 50.65.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


CareTrust REIT EV-to-EBITDA Historical Data

The historical data trend for CareTrust REIT's EV-to-EBITDA 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.

* Premium members only.

CareTrust REIT EV-to-EBITDA Chart

CareTrust REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.76 16.77 18.88 34.93 22.03

CareTrust REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 34.93 19.13 23.33 22.08 22.03

Competitive Comparison of CareTrust REIT's EV-to-EBITDA

For the REIT - Healthcare Facilities subindustry, CareTrust REIT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


CareTrust REIT's EV-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CareTrust REIT's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CareTrust REIT's EV-to-EBITDA falls into.



CareTrust REIT EV-to-EBITDA Calculation

CareTrust REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3534.222/145.847
=24.23

CareTrust REIT's current Enterprise Value is $3,534.2 Mil.
CareTrust REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $145.8 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.


CareTrust REIT  (NYSE:CTRE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

CareTrust REIT's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.31/0.480
=50.65

CareTrust REIT's share price for today is $24.31.
CareTrust REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.480.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


CareTrust REIT EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of CareTrust REIT's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


CareTrust REIT (CareTrust REIT) Business Description

Traded in Other Exchanges
Address
905 Calle Amanecer, Suite 300, San Clemente, CA, USA, 92673
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
Executives
James Callister officer: Executive Vice President 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Anne Olson director 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Careina D. Williams director 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Spencer G Plumb director 17140 BERNARDO CENTER DRIVE, SUITE 300, SAN DIEGO CA 92128
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Mark D Lamb officer: Chief Investment Officer 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Gary B Sabin director 16955 VIA DEL CAMPO SUITE 110, SAN DIEGO CA 92127
Jon D Kline director 903 CALLE AMANECER, SUITE 100, SAN CLEMENTE CA 92673
William M Wagner officer: See Remarks 903 CALLE AMANECER, SUITE 100, SAN CLEMENTE CA 92673
David M. Sedgwick officer: Vice President of Operations 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Gregory K. Stapley director, officer: President and CEO 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Allen Barbieri director
David G. Lindahl director 27101 PUERTA REAL, SUITE 400, MISSION VIEJO CA 92691
Christopher R. Christensen director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Ensign Group, Inc 10 percent owner 29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675