Fresenius Medical Care AG & Co. KGaA (FMS) vs Universal Health Services, Inc. (UHS)

Fresenius Medical Care AG & Co. KGaA and Universal Health Services, Inc. are both Medical Care Facilities companies. Fresenius Medical Care AG & Co. KGaA is the larger, with a market value of $11.9B against $10.5B — 1.1× the size. Universal Health Services, Inc. trades at the lower P/E: 7.2× against 11.8×. Universal Health Services, Inc. grew revenue faster over the last twelve months: 10.1% against 6.74%. Universal Health Services, Inc. has the higher net margin (8.42% vs 4.78%) and the higher return on invested capital (10.5% vs 5.78%). Both pay a dividend; Fresenius Medical Care AG & Co. KGaA yields more (2.67% vs 0.49%). Across the 23 metrics below, Universal Health Services, Inc. leads on 13 and Fresenius Medical Care AG & Co. KGaA on 10.

Valuation

Metric FMS UHS Medical Care Facilities median
P/E 11.76 7.20 19.16
P/S 0.54 0.59 0.90
P/B 0.77 1.41 2.91
Price to free cash flow 5.93 12.62 12.62
EV/EBITDA 4.95 5.70 10.06
EV/Sales 0.85 0.85 1.35
Earnings yield 8.51% 13.88% 2.30%
Free cash flow yield 16.85% 7.92% 4.14%

Profitability

Metric FMS UHS Medical Care Facilities median
Gross margin 26.32% 90.69% 30.78%
Operating margin 9.31% 11.36% 5.74%
Net margin 4.78% 8.42% 2.32%
Free cash flow margin 9.05% 4.67% 5.46%
Return on equity 6.77% 20.81% 8.76%
Return on assets 3.01% 9.87% 2.18%
Return on invested capital 5.78% 10.46% 5.40%

Growth

Metric FMS UHS Medical Care Facilities median
Revenue growth (TTM) 6.74% 10.05% 7.12%
EPS growth (last fiscal year) 93.88% 37.34% —
Revenue growth, 5-year CAGR 1.71% 8.48% 9.58%
Net income growth, 5-year CAGR (3.61%) 9.61% 0.00%

Health

Metric FMS UHS Medical Care Facilities median
Debt to equity 0.56 0.64 0.30
Current ratio 1.07 1.12 1.22
Net debt to EBITDA 1.58 1.77 1.32

Dividend

Metric FMS UHS Medical Care Facilities median
Dividend yield 2.67% 0.49% 0.85%
Payout ratio 0.00 0.08 0.00

Size

Metric FMS UHS Medical Care Facilities median
Market cap 11.90b 10.53b 1.34b

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