LTC Properties Inc (LTC) stock analysis

P/E below its 5-year median

LTC Properties's P/E of 16.1 is below its own 5-year median of 16.6.

P/E below the industry

LTC Properties's P/E of 16.1 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA above its 5-year median

LTC Properties's EV/EBITDA of 9.2 is above its 5-year median of 8.1.

P/B above the industry

LTC Properties's price-to-book of 1.86 is above the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $43.88 is below our fair value estimate of $46.70.

Margin of safety under 20%

The price is 6.0% below fair value, less than the 20% cushion we look for.

Revenue growing 10%+ a year

Revenue grew 14.5% a year over the last three fiscal years.

EPS growing under 10% a year

Diluted EPS grew 0.5% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 62.7% over the last twelve months, against a 5-year average of 4.4% a year.

Growing faster than the industry

Revenue grew 59.8% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance lowered

LTC Properties lowered its full year Transaction costs outlook on Aug 5, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 12.2% over the last twelve months and averaged 10.4% over five years; we look for 15% on both.

Return on capital over 10%

Return on invested capital was 19.8%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

LTC Properties's return on equity of 12.2% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 4.4% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 38.9% over the last twelve months, against a 5-year average of 45.4%.

Net margin above the industry

LTC Properties's net margin of 38.9% is above the Miscellaneous Investing median of 10.3%.

No debt

LTC Properties has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.19; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

LTC Properties paid dividends worth 4.8% of the share price over the last twelve months.

Yield above Treasuries

The 4.8% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; LTC Properties yields 4.8%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Covered by earnings

Dividends take 83.3% of net income.

Cash-flow cover

Needs dividends paid and free cash flow.