Sabra Healthcare REIT, Inc. (SBRA) vs Ventas, Inc. (VTR)

Sabra Healthcare REIT, Inc. and Ventas, Inc. are both Reit Healthcare Facilities companies. Ventas, Inc. is the larger, with a market value of $42.9B against $4.8B — 8.9× the size. Sabra Healthcare REIT, Inc. trades at the lower P/E: 72.9× against 149×. Ventas, Inc. grew revenue faster over the last twelve months: 21.5% against 17.3%. Sabra Healthcare REIT, Inc. has the higher net margin (7.61% vs 4.08%) and the lower return on invested capital (1.91% vs 2.06%). Both pay a dividend; Sabra Healthcare REIT, Inc. yields more (6.33% vs 2.49%). Across the 22 metrics below, Sabra Healthcare REIT, Inc. leads on 13 and Ventas, Inc. on 9.

Valuation

Metric SBRA VTR Reit Healthcare Facilities median
P/E 72.92 149.16 22.66
P/S 5.56 6.23 5.18
P/B 1.74 2.73 1.80
Price to free cash flow n/m 28.74 17.10
EV/EBITDA 19.58 21.89 15.38
EV/Sales 8.34 8.17 8.25
Earnings yield 1.37% 0.67% 2.78%
Free cash flow yield (5.80%) 3.48% 3.52%

Profitability

Metric SBRA VTR Reit Healthcare Facilities median
Gross margin 100.00% 94.82% 92.10%
Operating margin 18.24% 13.93% 21.06%
Net margin 7.61% 4.08% 10.19%
Free cash flow margin (32.25%) 21.68% 7.91%
Return on equity 2.40% 2.00% 4.06%
Return on assets 1.21% 0.94% 2.10%
Return on invested capital 1.91% 2.06% 1.96%

Growth

Metric SBRA VTR Reit Healthcare Facilities median
Revenue growth (TTM) 17.26% 21.49% 15.71%
EPS growth (last fiscal year) 18.52% 184.21% 23.38%
Revenue growth, 5-year CAGR 5.29% 8.98% 9.60%
Net income growth, 5-year CAGR 2.37% (10.56%) 0.00%

Health

Metric SBRA VTR Reit Healthcare Facilities median
Debt to equity 0.95 0.86 0.84
Current ratio 3.07 0.44 3.05
Net debt to EBITDA 5.53 5.48 5.50

Dividend

Metric SBRA VTR Reit Healthcare Facilities median
Dividend yield 6.33% 2.49% 5.71%
Payout ratio 4.62 3.78 1.41

Size

Metric SBRA VTR Reit Healthcare Facilities median
Market cap 4.81b 42.87b 3.99b

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