Medical Properties Trust, Inc. (MPT) vs Strawberry Fields REIT, Inc. (STRW)

Medical Properties Trust, Inc. and Strawberry Fields REIT, Inc. are both Reit Healthcare Facilities companies. Medical Properties Trust, Inc. is the larger, with a market value of $2.1B against $742.6M — 2.9× the size. Medical Properties Trust, Inc. has negative trailing earnings, so its P/E is not meaningful; Strawberry Fields REIT, Inc. trades at 20.6×. Strawberry Fields REIT, Inc. grew revenue faster over the last twelve months: 18.3% against 10.6%. Strawberry Fields REIT, Inc. has the higher net margin (5.30% vs −2.96%) and the lower return on invested capital (0.00% vs 0.20%). Both pay a dividend; Medical Properties Trust, Inc. yields more (27.4% vs 5.66%). Across the 20 metrics below, Strawberry Fields REIT, Inc. leads on 11 and Medical Properties Trust, Inc. on 9.

Valuation

Metric MPT STRW Reit Healthcare Facilities median
P/E n/m 20.62 23.53
P/S 2.09 1.13 5.39
P/B 0.47 5.53 1.88
Price to free cash flow 8.23 29.08 17.82
EV/EBITDA 32.04 0.75 15.62
EV/Sales 11.22 0.64 8.52
Earnings yield (1.51%) 4.85% 2.66%
Free cash flow yield 12.16% 3.44% 3.37%

Profitability

Metric MPT STRW Reit Healthcare Facilities median
Gross margin 96.11% 89.90% 92.10%
Operating margin 4.27% 54.49% 21.06%
Net margin (2.96%) 5.30% 10.19%
Free cash flow margin 25.39% 3.88% 7.91%
Return on equity (0.65%) 17.07% 4.06%
Return on assets (0.20%) 0.95% 2.10%
Return on invested capital 0.20% 0.00% 1.96%

Growth

Metric MPT STRW Reit Healthcare Facilities median
Revenue growth (TTM) 10.56% 18.27% 15.71%
EPS growth (last fiscal year) 88.56% 5.26% —
Revenue growth, 5-year CAGR (4.89%) — 9.60%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric MPT STRW Reit Healthcare Facilities median
Debt to equity 2.16 0.00 0.84
Current ratio 3.12 2.39 3.05
Net debt to EBITDA 27.87 (0.50) 5.50

Dividend

Metric MPT STRW Reit Healthcare Facilities median
Dividend yield 27.44% 5.66% 7.11%
Payout ratio 10.55 — 2.85

Size

Metric MPT STRW Reit Healthcare Facilities median
Market cap 2.14b 742.60m 4.18b

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