Ventas, Inc. (VTR) stock analysis

P/E above its 5-year median

Ventas's P/E of 170.6 is above its own 5-year median of 162.2.

P/E above the industry

Ventas's P/E of 170.6 is above the Miscellaneous Investing median of 26.3.

EV/EBITDA above its 5-year median

Ventas's EV/EBITDA of 19.5 is above its 5-year median of 13.3.

P/B above the industry

Ventas's price-to-book of 3.02 is above the Miscellaneous Investing median of 1.20.

Trading above fair value

The share price of $90.42 is above our fair value estimate of $38.97.

Margin of safety under 20%

The price is 132% above fair value, so there is no margin of safety.

Revenue growing 10%+ a year

Revenue grew 12.2% a year over the last three fiscal years.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 22.1% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance raised

Ventas raised its 2026 Attributable Net Income Per Share Range outlook on Jul 29, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity

Needs positive equity and five years of results.

Return on invested capital

Needs operating income and invested capital.

Return on equity against the industry

Needs positive equity.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin against its history

Needs five years of revenue and net income.

Net margin against the industry

Needs revenue and net income.

Low debt

Debt is 0.1% of shareholders' equity, under the 40% we consider low.

Debt rising against equity

Debt to equity rose from 0.0% five years ago to 0.1%.

Debt covered by cash flow

Operating cash flow over the last twelve months equals 11250% of total debt.

Interest coverage

Interest expense is not reported separately.

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 1.86; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Ventas paid dividends worth 2.3% of the share price over the last twelve months.

Yield below Treasuries

The 2.3% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Ventas yields 2.3%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.