OMEGA HEALTHCARE INVESTORS (OHI) Stock Fundamental Analysis
USA - NYSE:OHI - US6819361006 - REIT
44.18 USD
+0.21 (+0.48%)
44.18 USD
0 (0%)
Taking everything into account, OHI scores 6 out of 10 in our fundamental rating. OHI was compared to 128 industry peers in the Diversified REITs industry. OHI has an excellent profitability rating, but there are some minor concerns on its financial health. OHI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year OHI was profitable.
OHI had a positive operating cash flow in the past year.
In the past 5 years OHI has always been profitable.
Each year in the past 5 years OHI had a positive operating cash flow.
1.2 Ratios
OHI's Return On Assets of 4.92% is amongst the best of the industry. OHI outperforms 92.97% of its industry peers.
With an excellent Return On Equity value of 10.36%, OHI belongs to the best of the industry, outperforming 89.06% of the companies in the same industry.
OHI's Return On Invested Capital of 5.53% is amongst the best of the industry. OHI outperforms 96.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OHI is in line with the industry average of 3.04%.
The last Return On Invested Capital (5.53%) for OHI is above the 3 year average (4.40%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 10.36% | ||
| ROIC | 5.53% |
ROA(3y)3.77%
ROA(5y)3.46%
ROE(3y)9.19%
ROE(5y)8.47%
ROIC(3y)4.4%
ROIC(5y)4.37%
1.3 Margins
Looking at the Profit Margin, with a value of 45.34%, OHI belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
OHI's Profit Margin has been stable in the last couple of years.
OHI's Operating Margin of 62.39% is amongst the best of the industry. OHI outperforms 97.66% of its industry peers.
OHI's Operating Margin has been stable in the last couple of years.
OHI has a better Gross Margin (98.83%) than 99.22% of its industry peers.
In the last couple of years the Gross Margin of OHI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 62.39% | ||
| PM (TTM) | 45.34% | ||
| GM | 98.83% |
OM growth 3Y5.61%
OM growth 5Y1.01%
PM growth 3Y-0.48%
PM growth 5Y1.03%
GM growth 3Y-0.08%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
OHI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
OHI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for OHI has been increased compared to 5 years ago.
The debt/assets ratio for OHI has been reduced compared to a year ago.
2.2 Solvency
OHI has an Altman-Z score of 1.34. This is a bad value and indicates that OHI is not financially healthy and even has some risk of bankruptcy.
OHI has a better Altman-Z score (1.34) than 88.28% of its industry peers.
The Debt to FCF ratio of OHI is 171.85, which is on the high side as it means it would take OHI, 171.85 years of fcf income to pay off all of its debts.
OHI has a Debt to FCF ratio (171.85) which is in line with its industry peers.
OHI has a Debt/Equity ratio of 0.99. This is a neutral value indicating OHI is somewhat dependend on debt financing.
The Debt to Equity ratio of OHI (0.99) is better than 61.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 171.85 | ||
| Altman-Z | 1.34 |
ROIC/WACC0.75
WACC7.38%
2.3 Liquidity
A Current Ratio of 2.90 indicates that OHI has no problem at all paying its short term obligations.
The Current ratio of OHI (2.90) is better than 90.63% of its industry peers.
OHI has a Quick Ratio of 2.90. This indicates that OHI is financially healthy and has no problem in meeting its short term obligations.
OHI has a Quick ratio of 2.90. This is amongst the best in the industry. OHI outperforms 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.9 | ||
| Quick Ratio | 2.9 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.76% over the past year.
OHI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.38% yearly.
The Revenue has grown by 13.72% in the past year. This is quite good.
OHI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.51% yearly.
EPS 1Y (TTM)36.76%
EPS 3Y-4.33%
EPS 5Y-0.38%
EPS Q2Q%40.48%
Revenue 1Y (TTM)13.72%
Revenue growth 3Y-0.36%
Revenue growth 5Y2.51%
Sales Q2Q%12.88%
3.2 Future
OHI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.45% yearly.
OHI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.62% yearly.
EPS Next Y9.99%
EPS Next 2Y8.75%
EPS Next 3Y6.81%
EPS Next 5Y22.45%
Revenue Next Year11.64%
Revenue Next 2Y9.79%
Revenue Next 3Y8.6%
Revenue Next 5Y0.62%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 23.75, which indicates a rather expensive current valuation of OHI.
Based on the Price/Earnings ratio, OHI is valued a bit cheaper than 78.91% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.56. OHI is around the same levels.
A Price/Forward Earnings ratio of 24.10 indicates a rather expensive valuation of OHI.
OHI's Price/Forward Earnings ratio is rather cheap when compared to the industry. OHI is cheaper than 85.16% of the companies in the same industry.
OHI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.75 | ||
| Fwd PE | 24.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OHI is valued a bit more expensive than the industry average as 67.19% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OHI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 448.44 | ||
| EV/EBITDA | 16.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OHI does not grow enough to justify the current Price/Earnings ratio.
OHI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.38
PEG (5Y)N/A
EPS Next 2Y8.75%
EPS Next 3Y6.81%
5. Dividend
5.1 Amount
OHI has a Yearly Dividend Yield of 6.17%, which is a nice return.
Compared to an average industry Dividend Yield of 6.49, OHI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, OHI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.17% |
5.2 History
The dividend of OHI decreases each year by -0.86%.
OHI has been paying a dividend for at least 10 years, so it has a reliable track record.
OHI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.86%
Div Incr Years0
Div Non Decr Years21
5.3 Sustainability
OHI pays out 146.38% of its income as dividend. This is not a sustainable payout ratio.
DP146.38%
EPS Next 2Y8.75%
EPS Next 3Y6.81%
44.18
+0.21 (+0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners76.93%
Inst Owner Change4.3%
Ins Owners0.17%
Ins Owner Change4.04%
Market Cap13.03B
Revenue(TTM)1.15B
Net Income(TTM)521.56M
Analysts72.38
Price Target44.95 (1.74%)
Short Float %3.83%
Short Ratio6.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.17% |
Yearly Dividend2.61
Dividend Growth(5Y)-0.86%
DP146.38%
Div Incr Years0
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.4%
Min EPS beat(2)6.41%
Max EPS beat(2)30.39%
EPS beat(4)2
Avg EPS beat(4)5.48%
Min EPS beat(4)-10.4%
Max EPS beat(4)30.39%
EPS beat(8)4
Avg EPS beat(8)0.52%
EPS beat(12)5
Avg EPS beat(12)-9.89%
EPS beat(16)8
Avg EPS beat(16)-1.73%
Revenue beat(2)1
Avg Revenue beat(2)-1.67%
Min Revenue beat(2)-4.52%
Max Revenue beat(2)1.18%
Revenue beat(4)2
Avg Revenue beat(4)-2.02%
Min Revenue beat(4)-5.07%
Max Revenue beat(4)1.18%
Revenue beat(8)6
Avg Revenue beat(8)0.11%
Revenue beat(12)8
Avg Revenue beat(12)-2.79%
Revenue beat(16)9
Avg Revenue beat(16)-2.35%
PT rev (1m)1.93%
PT rev (3m)8.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.69%
EPS NY rev (1m)0.6%
EPS NY rev (3m)1.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.75 | ||
| Fwd PE | 24.1 | ||
| P/S | 11.33 | ||
| P/FCF | 448.44 | ||
| P/OCF | 14.86 | ||
| P/B | 2.59 | ||
| P/tB | 2.99 | ||
| EV/EBITDA | 16.65 |
EPS(TTM)1.86
EY4.21%
EPS(NY)1.83
Fwd EY4.15%
FCF(TTM)0.1
FCFY0.22%
OCF(TTM)2.97
OCFY6.73%
SpS3.9
BVpS17.07
TBVpS14.79
PEG (NY)2.38
PEG (5Y)N/A
Graham Number26.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.92% | ||
| ROE | 10.36% | ||
| ROCE | 7% | ||
| ROIC | 5.53% | ||
| ROICexc | 5.96% | ||
| ROICexgc | 6.58% | ||
| OM | 62.39% | ||
| PM (TTM) | 45.34% | ||
| GM | 98.83% | ||
| FCFM | 2.53% |
ROA(3y)3.77%
ROA(5y)3.46%
ROE(3y)9.19%
ROE(5y)8.47%
ROIC(3y)4.4%
ROIC(5y)4.37%
ROICexc(3y)4.62%
ROICexc(5y)4.51%
ROICexgc(3y)5.11%
ROICexgc(5y)4.96%
ROCE(3y)5.57%
ROCE(5y)5.53%
ROICexgc growth 3Y6.74%
ROICexgc growth 5Y4.93%
ROICexc growth 3Y6.44%
ROICexc growth 5Y4.57%
OM growth 3Y5.61%
OM growth 5Y1.01%
PM growth 3Y-0.48%
PM growth 5Y1.03%
GM growth 3Y-0.08%
GM growth 5Y0.04%
F-Score8
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 171.85 | ||
| Debt/EBITDA | 4.81 | ||
| Cap/Depr | 264.03% | ||
| Cap/Sales | 73.71% | ||
| Interest Coverage | 3.29 | ||
| Cash Conversion | 84.42% | ||
| Profit Quality | 5.57% | ||
| Current Ratio | 2.9 | ||
| Quick Ratio | 2.9 | ||
| Altman-Z | 1.34 |
F-Score8
WACC7.38%
ROIC/WACC0.75
Cap/Depr(3y)109.04%
Cap/Depr(5y)117.96%
Cap/Sales(3y)35.29%
Cap/Sales(5y)38.61%
Profit Quality(3y)94.64%
Profit Quality(5y)123.55%
High Growth Momentum
Growth
EPS 1Y (TTM)36.76%
EPS 3Y-4.33%
EPS 5Y-0.38%
EPS Q2Q%40.48%
EPS Next Y9.99%
EPS Next 2Y8.75%
EPS Next 3Y6.81%
EPS Next 5Y22.45%
Revenue 1Y (TTM)13.72%
Revenue growth 3Y-0.36%
Revenue growth 5Y2.51%
Sales Q2Q%12.88%
Revenue Next Year11.64%
Revenue Next 2Y9.79%
Revenue Next 3Y8.6%
Revenue Next 5Y0.62%
EBIT growth 1Y20.97%
EBIT growth 3Y5.23%
EBIT growth 5Y3.54%
EBIT Next Year72.47%
EBIT Next 3Y25.17%
EBIT Next 5Y20.99%
FCF growth 1Y-89.36%
FCF growth 3Y189.54%
FCF growth 5Y49.66%
OCF growth 1Y44.6%
OCF growth 3Y1.24%
OCF growth 5Y6.24%
OMEGA HEALTHCARE INVESTORS / OHI FAQ
Can you provide the ChartMill fundamental rating for OMEGA HEALTHCARE INVESTORS?
ChartMill assigns a fundamental rating of 6 / 10 to OHI.
What is the valuation status for OHI stock?
ChartMill assigns a valuation rating of 4 / 10 to OMEGA HEALTHCARE INVESTORS (OHI). This can be considered as Fairly Valued.
What is the profitability of OHI stock?
OMEGA HEALTHCARE INVESTORS (OHI) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for OHI stock?
The Price/Earnings (PE) ratio for OMEGA HEALTHCARE INVESTORS (OHI) is 23.75 and the Price/Book (PB) ratio is 2.59.
Can you provide the expected EPS growth for OHI stock?
The Earnings per Share (EPS) of OMEGA HEALTHCARE INVESTORS (OHI) is expected to grow by 9.99% in the next year.