Community Healthcare Trust Incorporated (CHCT) vs LTC Properties, Inc. (LTC)

Community Healthcare Trust Incorporated and LTC Properties, Inc. are both Reit Healthcare Facilities companies. LTC Properties, Inc. is the larger, with a market value of $2.3B against $410.0M — 5.7× the size. LTC Properties, Inc. trades at the lower P/E: 15.7× against 21.5×. LTC Properties, Inc. grew revenue faster over the last twelve months: 59.8% against 5.66%. LTC Properties, Inc. has the higher net margin (38.7% vs 14.4%) and the higher return on invested capital (4.16% vs 2.45%). Both pay a dividend; LTC Properties, Inc. yields more (7.44% vs 7.11%). Across the 22 metrics below, LTC Properties, Inc. leads on 15 and Community Healthcare Trust Incorporated on 7.

Valuation

Metric CHCT LTC Reit Healthcare Facilities median
P/E 21.51 15.67 23.53
P/S 3.12 6.40 5.39
P/B 0.94 1.66 1.88
Price to free cash flow n/m n/m 17.82
EV/EBITDA 11.43 16.02 15.62
EV/Sales 7.58 8.52 8.52
Earnings yield 4.65% 6.38% 2.66%
Free cash flow yield (1.75%) (14.98%) 3.37%

Profitability

Metric CHCT LTC Reit Healthcare Facilities median
Gross margin 80.62% 100.00% 92.10%
Operating margin 30.50% 39.78% 21.06%
Net margin 14.37% 38.73% 10.19%
Free cash flow margin (5.46%) (95.93%) 7.91%
Return on equity 4.21% 11.29% 4.06%
Return on assets 1.82% 6.78% 2.10%
Return on invested capital 2.45% 4.16% 1.96%

Growth

Metric CHCT LTC Reit Healthcare Facilities median
Revenue growth (TTM) 5.66% 59.83% 15.71%
EPS growth (last fiscal year) 134.78% 23.53% —
Revenue growth, 5-year CAGR 9.87% 10.53% 9.60%
Net income growth, 5-year CAGR (34.49%) 4.33% 0.00%

Health

Metric CHCT LTC Reit Healthcare Facilities median
Debt to equity 1.35 0.58 0.84
Current ratio 0.00 8.60 3.05
Net debt to EBITDA 6.75 5.26 5.50

Dividend

Metric CHCT LTC Reit Healthcare Facilities median
Dividend yield 7.11% 7.44% 7.11%
Payout ratio 5.41 1.34 2.85

Size

Metric CHCT LTC Reit Healthcare Facilities median
Market cap 410.04m 2.34b 4.18b

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