Medical Properties Trust, Inc. (MPT) vs Universal Health Realty Income Trust (UHT)

Medical Properties Trust, Inc. and Universal Health Realty Income Trust are both Reit Healthcare Facilities companies. Medical Properties Trust, Inc. is the larger, with a market value of $2.1B against $537.6M — 4.0× the size. Medical Properties Trust, Inc. has negative trailing earnings, so its P/E is not meaningful; Universal Health Realty Income Trust trades at 27.8×. Medical Properties Trust, Inc. grew revenue faster over the last twelve months: 10.6% against 0.75%. Universal Health Realty Income Trust has the higher net margin (19.4% vs −2.96%) and the higher return on invested capital (4.21% vs 0.20%). Both pay a dividend; Medical Properties Trust, Inc. yields more (27.4% vs 7.50%). Across the 22 metrics below, Universal Health Realty Income Trust leads on 12 and Medical Properties Trust, Inc. on 10.

Valuation

Metric MPT UHT Reit Healthcare Facilities median
P/E n/m 27.81 23.53
P/S 2.09 5.39 5.39
P/B 0.47 3.72 1.88
Price to free cash flow 8.23 17.89 17.82
EV/EBITDA 32.04 14.10 15.62
EV/Sales 11.22 9.18 8.52
Earnings yield (1.51%) 3.60% 2.66%
Free cash flow yield 12.16% 5.59% 3.37%

Profitability

Metric MPT UHT Reit Healthcare Facilities median
Gross margin 96.11% 94.29% 92.10%
Operating margin 4.27% 35.30% 21.06%
Net margin (2.96%) 19.40% 10.19%
Free cash flow margin 25.39% 30.11% 7.91%
Return on equity (0.65%) 12.47% 4.06%
Return on assets (0.20%) 3.38% 2.10%
Return on invested capital 0.20% 4.21% 1.96%

Growth

Metric MPT UHT Reit Healthcare Facilities median
Revenue growth (TTM) 10.56% 0.75% 15.71%
EPS growth (last fiscal year) 88.56% (8.63%) —
Revenue growth, 5-year CAGR (4.89%) 4.92% 9.60%
Net income growth, 5-year CAGR 0.00% (1.97%) 0.00%

Health

Metric MPT UHT Reit Healthcare Facilities median
Debt to equity 2.16 2.67 0.84
Current ratio 3.12 5.54 3.05
Net debt to EBITDA 27.87 5.73 5.50

Dividend

Metric MPT UHT Reit Healthcare Facilities median
Dividend yield 27.44% 7.50% 7.11%
Payout ratio 10.55 2.15 2.85

Size

Metric MPT UHT Reit Healthcare Facilities median
Market cap 2.14b 537.60m 4.18b

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