CareTrust REIT, Inc. (CTRE) vs Sabra Healthcare REIT, Inc. (SBRA)

CareTrust REIT, Inc. and Sabra Healthcare REIT, Inc. are both Reit Healthcare Facilities companies. CareTrust REIT, Inc. is the larger, with a market value of $8.8B against $5.1B — 1.7× the size. CareTrust REIT, Inc. trades at the lower P/E: 23.5× against 76.3×. CareTrust REIT, Inc. grew revenue faster over the last twelve months: 53.0% against 17.3%. CareTrust REIT, Inc. has the higher net margin (62.1% vs 7.61%) and the higher return on invested capital (4.15% vs 1.91%). Both pay a dividend; Sabra Healthcare REIT, Inc. yields more (8.95% vs 5.45%). Across the 22 metrics below, CareTrust REIT, Inc. leads on 14 and Sabra Healthcare REIT, Inc. on 8.

Valuation

Metric CTRE SBRA Reit Healthcare Facilities median
P/E 23.53 76.35 23.53
P/S 15.30 5.83 5.39
P/B 1.94 1.82 1.88
Price to free cash flow n/m n/m 17.82
EV/EBITDA 19.77 20.20 15.62
EV/Sales 17.33 8.60 8.52
Earnings yield 4.25% 1.31% 2.66%
Free cash flow yield (6.21%) (5.54%) 3.37%

Profitability

Metric CTRE SBRA Reit Healthcare Facilities median
Gross margin 98.39% 100.00% 92.10%
Operating margin 65.76% 18.24% 21.06%
Net margin 62.08% 7.61% 10.19%
Free cash flow margin (95.01%) (32.25%) 7.91%
Return on equity 9.09% 2.40% 4.06%
Return on assets 6.70% 1.21% 2.10%
Return on invested capital 4.15% 1.91% 1.96%

Growth

Metric CTRE SBRA Reit Healthcare Facilities median
Revenue growth (TTM) 53.03% 17.26% 15.71%
EPS growth (last fiscal year) 93.83% 18.52% —
Revenue growth, 5-year CAGR 21.72% 5.29% 9.60%
Net income growth, 5-year CAGR 31.65% 2.37% 0.00%

Health

Metric CTRE SBRA Reit Healthcare Facilities median
Debt to equity 0.27 0.95 0.84
Current ratio 0.57 3.07 3.05
Net debt to EBITDA 1.66 5.53 5.50

Dividend

Metric CTRE SBRA Reit Healthcare Facilities median
Dividend yield 5.45% 8.95% 7.11%
Payout ratio 3.17 6.32 2.85

Size

Metric CTRE SBRA Reit Healthcare Facilities median
Market cap 8.82b 5.05b 4.18b

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