LTC PROPERTIES INC (LTC) Stock Fundamental Analysis
NYSE:LTC - US5021751020 - REIT
36.25 USD
-0.08 (-0.22%)
Overall LTC gets a fundamental rating of 5 out of 10. We evaluated LTC against 129 industry peers in the Diversified REITs industry. LTC has an excellent profitability rating, but there are some minor concerns on its financial health. LTC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LTC had positive earnings in the past year.
In the past year LTC had a positive cash flow from operations.
In the past 5 years LTC has always been profitable.
Each year in the past 5 years LTC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.60%, LTC belongs to the top of the industry, outperforming 91.47% of the companies in the same industry.
The Return On Equity of LTC (8.62%) is better than 83.72% of its industry peers.
LTC has a Return On Invested Capital of 5.76%. This is amongst the best in the industry. LTC outperforms 97.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LTC is above the industry average of 3.04%.
The last Return On Invested Capital (5.76%) for LTC is above the 3 year average (5.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 8.62% | ||
| ROIC | 5.76% |
ROA(3y)5.29%
ROA(5y)5.21%
ROE(3y)10.51%
ROE(5y)10.28%
ROIC(3y)5.29%
ROIC(5y)4.97%
1.3 Margins
With an excellent Profit Margin value of 37.92%, LTC belongs to the best of the industry, outperforming 89.15% of the companies in the same industry.
In the last couple of years the Profit Margin of LTC has remained more or less at the same level.
With an excellent Operating Margin value of 58.34%, LTC belongs to the best of the industry, outperforming 96.12% of the companies in the same industry.
In the last couple of years the Operating Margin of LTC has remained more or less at the same level.
The Gross Margin of LTC (90.07%) is better than 93.80% of its industry peers.
In the last couple of years the Gross Margin of LTC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 58.34% | ||
| PM (TTM) | 37.92% | ||
| GM | 90.07% |
OM growth 3Y7.44%
OM growth 5Y1.11%
PM growth 3Y6.47%
PM growth 5Y-0.08%
GM growth 3Y1.37%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LTC is destroying value.
The number of shares outstanding for LTC has been increased compared to 1 year ago.
LTC has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LTC has an improved debt to assets ratio.
2.2 Solvency
LTC has an Altman-Z score of 1.47. This is a bad value and indicates that LTC is not financially healthy and even has some risk of bankruptcy.
LTC has a Altman-Z score of 1.47. This is amongst the best in the industry. LTC outperforms 89.92% of its industry peers.
The Debt to FCF ratio of LTC is 6.09, which is on the high side as it means it would take LTC, 6.09 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LTC (6.09) is better than 96.90% of its industry peers.
LTC has a Debt/Equity ratio of 0.73. This is a neutral value indicating LTC is somewhat dependend on debt financing.
LTC has a better Debt to Equity ratio (0.73) than 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6.09 | ||
| Altman-Z | 1.47 |
ROIC/WACC0.79
WACC7.32%
2.3 Liquidity
A Current Ratio of 1.76 indicates that LTC should not have too much problems paying its short term obligations.
LTC has a Current ratio of 1.76. This is in the better half of the industry: LTC outperforms 75.19% of its industry peers.
A Quick Ratio of 1.76 indicates that LTC should not have too much problems paying its short term obligations.
LTC has a better Quick ratio (1.76) than 75.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.76 |
3. Growth
3.1 Past
LTC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.14%.
LTC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.48% yearly.
Looking at the last year, LTC shows a very negative growth in Revenue. The Revenue has decreased by -13.75% in the last year.
LTC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.52% yearly.
EPS 1Y (TTM)-8.14%
EPS 3Y13.29%
EPS 5Y-0.48%
EPS Q2Q%20.45%
Revenue 1Y (TTM)-13.75%
Revenue growth 3Y10.55%
Revenue growth 5Y2.52%
Sales Q2Q%20.2%
3.2 Future
LTC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.23% yearly.
The Revenue is expected to decrease by -3.27% on average over the next years.
EPS Next Y-6.27%
EPS Next 2Y-2.29%
EPS Next 3Y-2.23%
EPS Next 5YN/A
Revenue Next Year15.75%
Revenue Next 2Y22.7%
Revenue Next 3Y-3.27%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.86, the valuation of LTC can be described as rather expensive.
Based on the Price/Earnings ratio, LTC is valued cheaper than 89.15% of the companies in the same industry.
LTC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.90.
LTC is valuated rather expensively with a Price/Forward Earnings ratio of 18.52.
94.57% of the companies in the same industry are more expensive than LTC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.52. LTC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.86 | ||
| Fwd PE | 18.52 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LTC is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LTC indicates a rather cheap valuation: LTC is cheaper than 82.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.61 | ||
| EV/EBITDA | 14.48 |
4.3 Compensation for Growth
LTC has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as LTC's earnings are expected to decrease with -2.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.29%
EPS Next 3Y-2.23%
5. Dividend
5.1 Amount
LTC has a Yearly Dividend Yield of 6.25%, which is a nice return.
LTC's Dividend Yield is a higher than the industry average which is at 6.14.
Compared to an average S&P500 Dividend Yield of 2.32, LTC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
5.2 History
The dividend of LTC decreases each year by -0.14%.
LTC has paid a dividend for at least 10 years, which is a reliable track record.
LTC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years22
5.3 Sustainability
126.84% of the earnings are spent on dividend by LTC. This is not a sustainable payout ratio.
The Dividend Rate of LTC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP126.84%
EPS Next 2Y-2.29%
EPS Next 3Y-2.23%
NYSE:LTC (9/3/2025, 11:53:39 AM)
36.25
-0.08 (-0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners78.09%
Inst Owner Change3.18%
Ins Owners2.08%
Ins Owner Change7.73%
Market Cap1.67B
Analysts51.43
Price Target38.42 (5.99%)
Short Float %5.04%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
Yearly Dividend2.27
Dividend Growth(5Y)-0.14%
DP126.84%
Div Incr Years0
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.36%
Min EPS beat(2)-36.01%
Max EPS beat(2)-2.72%
EPS beat(4)1
Avg EPS beat(4)-8.68%
Min EPS beat(4)-36.01%
Max EPS beat(4)25.18%
EPS beat(8)4
Avg EPS beat(8)3.06%
EPS beat(12)5
Avg EPS beat(12)-0.45%
EPS beat(16)6
Avg EPS beat(16)11.71%
Revenue beat(2)2
Avg Revenue beat(2)60.25%
Min Revenue beat(2)48.75%
Max Revenue beat(2)71.75%
Revenue beat(4)4
Avg Revenue beat(4)40.8%
Min Revenue beat(4)16.95%
Max Revenue beat(4)71.75%
Revenue beat(8)7
Avg Revenue beat(8)20.69%
Revenue beat(12)11
Avg Revenue beat(12)22.32%
Revenue beat(16)15
Avg Revenue beat(16)23.83%
PT rev (1m)1.02%
PT rev (3m)1.02%
EPS NQ rev (1m)7.27%
EPS NQ rev (3m)-8.65%
EPS NY rev (1m)-12.8%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)22.67%
Revenue NQ rev (3m)-16.23%
Revenue NY rev (1m)49.82%
Revenue NY rev (3m)31.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.86 | ||
| Fwd PE | 18.52 | ||
| P/S | 7.67 | ||
| P/FCF | 14.61 | ||
| P/OCF | 13.16 | ||
| P/B | 1.74 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 14.48 |
EPS(TTM)2.03
EY5.6%
EPS(NY)1.96
Fwd EY5.4%
FCF(TTM)2.48
FCFY6.85%
OCF(TTM)2.75
OCFY7.6%
SpS4.72
BVpS20.78
TBVpS20.63
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 8.62% | ||
| ROCE | 7.29% | ||
| ROIC | 5.76% | ||
| ROICexc | 5.79% | ||
| ROICexgc | 5.81% | ||
| OM | 58.34% | ||
| PM (TTM) | 37.92% | ||
| GM | 90.07% | ||
| FCFM | 52.53% |
ROA(3y)5.29%
ROA(5y)5.21%
ROE(3y)10.51%
ROE(5y)10.28%
ROIC(3y)5.29%
ROIC(5y)4.97%
ROICexc(3y)5.33%
ROICexc(5y)5%
ROICexgc(3y)5.34%
ROICexgc(5y)5.01%
ROCE(3y)6.69%
ROCE(5y)6.29%
ROICexcg growth 3Y12.51%
ROICexcg growth 5Y0.5%
ROICexc growth 3Y12.36%
ROICexc growth 5Y0.41%
OM growth 3Y7.44%
OM growth 5Y1.11%
PM growth 3Y6.47%
PM growth 5Y-0.08%
GM growth 3Y1.37%
GM growth 5Y0.63%
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 6.09 | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 34.64% | ||
| Cap/Sales | 5.76% | ||
| Interest Coverage | 3.61 | ||
| Cash Conversion | 77.76% | ||
| Profit Quality | 138.52% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.76 | ||
| Altman-Z | 1.47 |
F-Score4
WACC7.32%
ROIC/WACC0.79
Cap/Depr(3y)114.57%
Cap/Depr(5y)91.06%
Cap/Sales(3y)22.84%
Cap/Sales(5y)19.19%
Profit Quality(3y)75.06%
Profit Quality(5y)92.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.14%
EPS 3Y13.29%
EPS 5Y-0.48%
EPS Q2Q%20.45%
EPS Next Y-6.27%
EPS Next 2Y-2.29%
EPS Next 3Y-2.23%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.75%
Revenue growth 3Y10.55%
Revenue growth 5Y2.52%
Sales Q2Q%20.2%
Revenue Next Year15.75%
Revenue Next 2Y22.7%
Revenue Next 3Y-3.27%
Revenue Next 5YN/A
EBIT growth 1Y-17.2%
EBIT growth 3Y18.78%
EBIT growth 5Y3.65%
EBIT Next Year72.76%
EBIT Next 3Y22.1%
EBIT Next 5Y15.03%
FCF growth 1Y126.39%
FCF growth 3Y9.4%
FCF growth 5Y22.26%
OCF growth 1Y22.33%
OCF growth 3Y11.13%
OCF growth 5Y0.43%