THC:NYE-Tenet Healthcare Corporation (USD)

EQUITY | Medical Care Facilities | New York Stock Exchange

Last Closing

USD 130.42

Change

+0.06 (+0.05)%

Market Cap

USD 1.59B

Volume

0.99M

Analyst Target

USD 30.18
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Tenet Healthcare Corp is a health care services company. The Company, together with its subsidiaries, operates healthcare delivery networks in urban and suburban markets in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for Medical Care Facilities

Symbol Name Price(Change) Market Cap
HCA HCA Holdings Inc

-3.43 (-1.01%)

USD 88.24B
UHS Universal Health Services Inc

-0.33 (-0.18%)

USD 12.70B
FMS Fresenius Medical Care Corpora..

-0.17 (-0.82%)

USD 12.44B
DVA DaVita HealthCare Partners Inc

-1.00 (-0.70%)

USD 12.27B
EHC Encompass Health Corp

-0.63 (-0.74%)

USD 8.54B
CHE Chemed Corp

+0.33 (+0.06%)

USD 8.36B
SEM Select Medical Holdings

+0.09 (+0.27%)

USD 4.33B
AGL agilon health Inc

N/A

USD 2.77B
AMN AMN Healthcare Services Inc

+1.48 (+2.75%)

USD 2.04B
NHC National HealthCare Corporatio..

+0.38 (+0.37%)

USD 1.59B

ETFs Containing THC

PTH Invesco DWA Healthcare Mo.. 4.15 % 0.60 %

-0.59 (-1.30%)

USD 0.14B
DVLU First Trust Dorsey Wright.. 3.34 % 0.60 %

-0.28 (-1.30%)

USD 0.03B
HLTH:AU VanEck Global Healthcare .. 2.41 % 0.00 %

+0.02 (+-1.30%)

USD 0.06B
EHLS Even Herd Long Short ETF 1.87 % 0.00 %

-0.27 (-1.30%)

N/A
RWK Invesco S&P MidCap 400 Re.. 1.33 % 0.39 %

-1.62 (-1.30%)

USD 0.80B
LSAF LeaderSharesTM AlphaFacto.. 1.32 % 0.75 %

-0.32 (-1.30%)

USD 0.14B
IJJ iShares S&P Mid-Cap 400 V.. 1.07 % 0.25 %

-1.11 (-1.30%)

USD 7.57B
NHYB:CA NBI High Yield Bond ETF 1.05 % 0.00 %

-0.20 (-1.30%)

CAD 1.07B
2B77:F iShares Ageing Population.. 0.86 % 0.00 %

-0.02 (-1.30%)

N/A
AGED:SW iShares Ageing Population.. 0.70 % 0.00 %

-0.10 (-1.30%)

N/A
JNKS:LSE SSgA SPDR ETFs Europe I p.. 0.66 % 0.00 %

+0.09 (+-1.30%)

USD 0.14B
JMEE JPMorgan Market Expansion.. 0.61 % 0.00 %

-0.81 (-1.30%)

USD 1.08B
SJNK:LSE SSgA SPDR ETFs Europe I p.. 0.58 % 0.00 %

-0.13 (-1.30%)

USD 0.14B
JPME JPMorgan Diversified Retu.. 0.56 % 0.24 %

-0.95 (-1.30%)

USD 0.37B
FLDZ 0.52 % 0.00 %

N/A

N/A
SCHA Schwab U.S. Small-Cap ETF 0.41 % 0.05 %

-0.63 (-1.30%)

USD 16.77B
DFVE Doubleline Fortune 500 Eq.. 0.32 % 0.00 %

-0.25 (-1.30%)

USD 0.01B
BFOR Barron's 400 ETF 0.00 % 0.65 %

-0.84 (-1.30%)

USD 0.14B
BSJN 0.00 % 0.42 %

N/A

N/A
GURU Global X Guru Index ETF 0.00 % 0.75 %

-0.39 (-1.30%)

USD 0.04B
HYG iShares iBoxx $ High Yiel.. 0.00 % 0.49 %

-0.30 (-1.30%)

USD 17.35B
HYND 0.00 % 0.48 %

N/A

N/A
IVOV Vanguard S&P Mid-Cap 400 .. 0.00 % 0.20 %

-1.00 (-1.30%)

USD 0.86B
JKJ iShares Morningstar Small.. 0.00 % 0.25 %

N/A

USD 0.22B
JKL 0.00 % 0.30 %

N/A

N/A
MDYV SPDR® S&P 400 Mid Cap Va.. 0.00 % 0.15 %

-0.81 (-1.30%)

USD 2.44B
SHYL Xtrackers Short Duration .. 0.00 % 0.20 %

-0.18 (-1.30%)

USD 0.11B
HYDW Xtrackers Low Beta High Y.. 0.00 % 0.25 %

-0.10 (-1.30%)

USD 0.22B
HYUP Xtrackers High Beta High .. 0.00 % 0.35 %

-0.16 (-1.30%)

USD 0.01B
BSJQ Invesco BulletShares 2026.. 0.00 % 0.42 %

-0.05 (-1.30%)

USD 0.53B
XMVM Invesco S&P MidCap Value .. 0.00 % 0.39 %

-0.81 (-1.30%)

USD 0.22B
AGED:LSE iShares Ageing Population.. 0.00 % 0.00 %

-0.05 (-1.30%)

USD 0.47B
AGES:LSE iShares IV Public Limited.. 0.00 % 0.00 %

+0.38 (+-1.30%)

USD 0.47B
SHYG iShares 0-5 Year High Yie.. 0.00 % 0.30 %

-0.12 (-1.30%)

USD 6.12B
SJB ProShares Short High Yiel.. 0.00 % 0.95 %

+0.09 (+-1.30%)

USD 0.09B
XHS SPDR® S&P Health Care Se.. 0.00 % 0.35 %

-0.49 (-1.30%)

USD 0.08B
HYLB Xtrackers USD High Yield .. 0.00 % 0.20 %

-0.12 (-1.30%)

USD 3.28B
HYLV 0.00 % 0.40 %

N/A

N/A
2B77:XETRA iShares Ageing Population.. 0.00 % 0.00 %

-0.01 (-1.30%)

USD 0.50B
AFMC First Trust Active Factor.. 0.00 % 0.00 %

-0.46 (-1.30%)

USD 0.01B
SMDY Syntax ETF Trust - Syntax.. 0.00 % 0.00 %

-0.54 (-1.30%)

USD 0.01B
BSJR Invesco BulletShares 2027.. 0.00 % 0.00 %

-0.08 (-1.30%)

USD 0.21B

Market Performance

  Market Performance vs. Industry/Classification (Medical Care Facilities) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 72.58% 95% A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 72.58% 95% A 99% N/A
Trailing 12 Months  
Capital Gain 89.29% 86% B+ 97% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 89.29% 86% B+ 96% N/A
Trailing 5 Years  
Capital Gain 492.82% 100% F 98% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 492.82% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 52.14% 96% N/A 95% A
Dividend Return 52.14% 96% N/A 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 81.27% 22% F 10% F
Risk Adjusted Return 64.16% 91% A- 85% B
Market Capitalization 1.59B 91% A- 86% B+

Key Financial Ratios

  Ratio vs. Industry/Classification (Medical Care Facilities) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 5.08 84% 92%
Price/Book Ratio 6.25 29% 14%
Price / Cash Flow Ratio 5.39 61% 59%
Price/Free Cash Flow Ratio 7.03 65% 56%
Management Effectiveness  
Return on Equity 53.69% 90% 97%
Return on Invested Capital 12.92% 75% 75%
Return on Assets 6.61% 87% 82%
Debt to Equity Ratio 925.50% 9% 3%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector