Tenet Healthcare Corporation (THC)
Total Valuation
THC has a market cap or net worth of $10.51 billion. The enterprise value is $24.28 billion.
Market Cap | 10.51B |
Enterprise Value | 24.28B |
Important Dates
The next confirmed earnings date is Tuesday, April 30, 2024, before market open.
Earnings Date | Apr 30, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
THC has 100.00 million shares outstanding. The number of shares has decreased by -5.17% in one year.
Shares Outstanding | 100.00M |
Shares Change (YoY) | -5.17% |
Shares Change (QoQ) | -0.28% |
Owned by Insiders (%) | 1.91% |
Owned by Institutions (%) | 97.33% |
Float | 90.42M |
Valuation Ratios
The trailing PE ratio is 18.41 and the forward PE ratio is 16.92. THC's PEG ratio is 2.30.
PE Ratio | 18.41 |
Forward PE | 16.92 |
PS Ratio | 0.51 |
Forward PS | 0.51 |
PB Ratio | 6.54 |
P/FCF Ratio | 6.20 |
PEG Ratio | 2.30 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.03, with an EV/FCF ratio of 14.34.
EV / Earnings | 39.75 |
EV / Sales | 1.18 |
EV / EBITDA | 9.03 |
EV / EBIT | 13.36 |
EV / FCF | 14.34 |
Financial Position
The company has a current ratio of 1.51, with a Debt / Equity ratio of 9.33.
Current Ratio | 1.51 |
Quick Ratio | 0.87 |
Debt / Equity | 9.33 |
Debt / EBITDA | 5.58 |
Debt / FCF | 8.86 |
Interest Coverage | 2.02 |
Financial Efficiency
Return on equity (ROE) is 43.30% and return on invested capital (ROIC) is 9.15%.
Return on Equity (ROE) | 43.30% |
Return on Assets (ROA) | 2.20% |
Return on Capital (ROIC) | 9.15% |
Revenue Per Employee | $193,089 |
Profits Per Employee | $5,737 |
Employee Count | 106,500 |
Asset Turnover | 0.75 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, THC has paid $306.00 million in taxes.
Income Tax | 306.00M |
Effective Tax Rate | 33.37% |
Stock Price Statistics
The stock price has increased by +91.25% in the last 52 weeks. The beta is 2.07, so THC's price volatility has been higher than the market average.
Beta (1Y) | 2.07 |
52-Week Price Change | +91.25% |
50-Day Moving Average | 92.40 |
200-Day Moving Average | 76.05 |
Relative Strength Index (RSI) | 73.54 |
Average Volume (30 Days) | 1,164,355 |
Short Selling Information
The latest short interest is 4.44 million, so 4.44% of the outstanding shares have been sold short.
Short Interest | 4.44M |
Short Previous Month | 3.49M |
Short % of Shares Out | 4.44% |
Short % of Float | 4.91% |
Short Ratio (days to cover) | 3.13 |
Income Statement
In the last 12 months, THC had revenue of $20.56 billion and earned $611.00 million in profits. Earnings per share was $5.71.
Revenue | 20.56B |
Gross Profit | 20.56B |
Operating Income | 2.28B |
Pretax Income | 917.00M |
Net Income | 611.00M |
EBITDA | 2.69B |
EBIT | 1.82B |
Earnings Per Share (EPS) | $5.71 |
Balance Sheet
The company has $1.23 billion in cash and $15.00 billion in debt, giving a net cash position of -$13.77 billion or -$137.75 per share.
Cash & Cash Equivalents | 1.23B |
Total Debt | 15.00B |
Net Cash | -13.77B |
Net Cash Per Share | -$137.75 |
Equity / Book Value | 1.61B |
Book Value Per Share | 16.08 |
Working Capital | 2.41B |
Cash Flow
In the last 12 months, operating cash flow was $2.37 billion and capital expenditures -$680.00 million, giving a free cash flow of $1.69 billion.
Operating Cash Flow | 2.37B |
Capital Expenditures | -680.00M |
Free Cash Flow | 1.69B |
FCF Per Share | $16.67 |
Margins
Gross margin is 100.00%, with operating and profit margins of 11.10% and 2.97%.
Gross Margin | 100.00% |
Operating Margin | 11.10% |
Pretax Margin | 4.46% |
Profit Margin | 2.97% |
EBITDA Margin | 13.07% |
EBIT Margin | 8.84% |
FCF Margin | 8.24% |
Dividends & Yields
THC does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | 5.17% |
Shareholder Yield | 5.17% |
Earnings Yield | 5.81% |
FCF Yield | 16.12% |
Analyst Forecast
The average price target for THC is $98.47, which is -6.32% lower than the current price. The consensus rating is "Strong Buy".
Price Target | $98.47 |
Price Target Difference | -6.32% |
Analyst Consensus | Strong Buy |
Analyst Count | 17 |
Revenue Growth Forecast (5Y) | 6.12% |
EPS Growth Forecast (5Y) | 12.59% |
Stock Splits
The last stock split was on October 11, 2012. It was a reverse split with a ratio of 1:4.
Last Split Date | Oct 11, 2012 |
Split Type | Reverse |
Split Ratio | 1:4 |
Scores
THC has an Altman Z-Score of 1.31 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.31 |
Piotroski F-Score | 8 |