Acadia Healthcare Company, Inc. (ACHC) vs Concentra Group Holdings Parent, Inc. (CON)

Acadia Healthcare Company, Inc. and Concentra Group Holdings Parent, Inc. are both Medical Care Facilities companies. Concentra Group Holdings Parent, Inc. is the larger, with a market value of $5.0B against $2.9B — 1.7× the size. Acadia Healthcare Company, Inc. has negative trailing earnings, so its P/E is not meaningful; Concentra Group Holdings Parent, Inc. trades at 24.9×. Concentra Group Holdings Parent, Inc. grew revenue faster over the last twelve months: 14.0% against 4.27%. Concentra Group Holdings Parent, Inc. has the higher net margin (8.69% vs −33.4%) and the higher return on invested capital (12.3% vs 5.01%). Across the 18 metrics below, Concentra Group Holdings Parent, Inc. leads on 11 and Acadia Healthcare Company, Inc. on 7.

Valuation

Metric ACHC CON Medical Care Facilities median
P/E n/m 24.86 20.56
P/S 0.81 2.11 0.85
P/B 1.38 9.95 2.84
Price to free cash flow n/m 17.88 13.73
EV/EBITDA 9.20 13.60 10.21
EV/Sales 1.47 2.73 1.32
Earnings yield (41.53%) 4.02% 2.25%
Free cash flow yield (3.68%) 5.59% 4.16%

Profitability

Metric ACHC CON Medical Care Facilities median
Gross margin 100.00% 29.31% 30.78%
Operating margin 10.06% 16.39% 5.74%
Net margin (33.44%) 8.69% 2.32%
Free cash flow margin (2.98%) 11.79% 5.46%
Return on equity (44.54%) 47.74% 8.76%
Return on assets (19.00%) 6.79% 2.18%
Return on invested capital 5.01% 12.33% 5.01%

Growth

Metric ACHC CON Medical Care Facilities median
Revenue growth (TTM) 4.27% 14.02% 7.12%
EPS growth (last fiscal year) (537.41%) (10.96%) 17.46%
Revenue growth, 5-year CAGR 9.65% — 9.58%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric ACHC CON Medical Care Facilities median
Debt to equity 1.22 3.25 0.37
Current ratio 1.57 1.38 1.20
Net debt to EBITDA 4.07 3.61 1.07

Dividend

Metric ACHC CON Medical Care Facilities median
Dividend yield — 0.65% 0.63%
Payout ratio — 0.16 0.13

Size

Metric ACHC CON Medical Care Facilities median
Market cap 2.89b 4.99b 1.47b

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