P3 Health Partners Inc. (PIII) vs Adcare Health Systems Inc (RHEP)

P3 Health Partners Inc. and Adcare Health Systems Inc are both Medical Care Facilities companies. P3 Health Partners Inc. is the larger, with a market value of $28.1M against $5.2M — 5.4× the size. P3 Health Partners Inc. has negative trailing earnings, so its P/E is not meaningful; Adcare Health Systems Inc trades at 0.6×. Adcare Health Systems Inc grew revenue faster over the last twelve months: 200.5% against 2.81%. Adcare Health Systems Inc has the higher net margin (5.42% vs −7.19%) and the higher return on invested capital (2.35% vs −54.2%). Across the 17 metrics below, Adcare Health Systems Inc leads on 12 and P3 Health Partners Inc. on 5.

Valuation

Metric PIII RHEP Medical Care Facilities median
P/E n/m 0.61 18.73
P/S 0.01 0.05 0.94
P/B n/m n/m 3.06
Price to free cash flow n/m 0.65 15.79
EV/EBITDA n/m 9.54 11.42
EV/Sales 0.07 0.52 1.31
Earnings yield (813.58%) 163.00% 3.53%
Free cash flow yield (959.28%) 154.20% 5.56%

Profitability

Metric PIII RHEP Medical Care Facilities median
Gross margin 4.70% 29.91% 30.56%
Operating margin (9.89%) 1.93% 6.62%
Net margin (7.19%) 5.42% 3.08%
Free cash flow margin (8.68%) 7.43% 7.22%
Return on equity 461.69% (21.71%) 6.41%
Return on assets (15.59%) 6.90% 2.78%
Return on invested capital (54.24%) 2.35% 7.44%

Growth

Metric PIII RHEP Medical Care Facilities median
Revenue growth (TTM) 2.81% 200.47% 6.38%
EPS growth (last fiscal year) 16.28% 163.01% 21.70%
Revenue growth, 5-year CAGR 24.33% 24.77% 9.94%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PIII RHEP Medical Care Facilities median
Debt to equity 1.64 14.29 0.22
Current ratio 0.46 0.65 1.30
Net debt to EBITDA (1.43) 9.87 1.32

Dividend

Metric PIII RHEP Medical Care Facilities median
Dividend yield — — 0.58%
Payout ratio — — 0.12

Size

Metric PIII RHEP Medical Care Facilities median
Market cap 28.13m 5.21m 1.64b

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