WallStSmart

American Healthcare REIT, Inc. (AHR)vsCareTrust REIT Inc. (CTRE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Healthcare REIT, Inc. generates 374% more annual revenue ($2.26B vs $476.39M). CTRE leads profitability with a 67.3% profit margin vs 3.1%. CTRE trades at a lower P/E of 25.0x. CTRE earns a higher WallStSmart Score of 60/100 (C).

AHR

Hold

46

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 5.7Quality: 4.0
Piotroski: 5/9Altman Z: 0.62

CTRE

Buy

60

out of 100

Grade: C

Growth: 6.7Profit: 8.0Value: 6.7Quality: 7.0
Piotroski: 3/9Altman Z: 2.46
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AHRUndervalued (+36.1%)

Margin of Safety

+36.1%

Fair Value

$80.62

Current Price

$50.15

$30.47 discount

UndervaluedFair: $80.62Overvalued
CTREUndervalued (+19.9%)

Margin of Safety

+19.9%

Fair Value

$49.17

Current Price

$39.19

$9.98 discount

UndervaluedFair: $49.17Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHR2 strengths · Avg: 9.0/10
EPS GrowthGrowth
306.2%10/10

Earnings expanding 306.2% YoY

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

CTRE4 strengths · Avg: 9.3/10
Profit MarginProfitability
67.3%10/10

Keeps 67 of every $100 in revenue as profit

Operating MarginProfitability
57.8%10/10

Strong operational efficiency at 57.8%

Debt/EquityHealth
0.229/10

Conservative balance sheet, low leverage

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

AHR4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.5%3/10

ROE of 2.5% — below average capital efficiency

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

P/E RatioValuation
119.4x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-14.09M2/10

Negative free cash flow — burning cash

CTRE2 concerns · Avg: 3.5/10
Revenue GrowthGrowth
3.2%4/10

3.2% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : AHR

The strongest argument for AHR centers on EPS Growth, Price/Book. Revenue growth of 11.9% demonstrates continued momentum.

Bull Case : CTRE

The strongest argument for CTRE centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 67.3% and operating margin at 57.8%. PEG of 1.26 suggests the stock is reasonably priced for its growth.

Bear Case : AHR

The primary concerns for AHR are Return on Equity, Profit Margin, P/E Ratio. A P/E of 119.4x leaves little room for execution misses. Thin 3.1% margins leave little buffer for downturns.

Bear Case : CTRE

The primary concerns for CTRE are Revenue Growth, Piotroski F-Score.

Key Dynamics to Monitor

AHR carries more volatility with a beta of 1.18 — expect wider price swings.

AHR is growing revenue faster at 11.9% — sustainability is the question.

CTRE generates stronger free cash flow (116M), providing more financial flexibility.

Monitor REIT - HEALTHCARE FACILITIES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

CTRE scores higher overall (60/100 vs 46/100), backed by strong 67.3% margins. AHR offers better value entry with a 36.1% margin of safety. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American Healthcare REIT, Inc.

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

American Healthcare REIT, Inc. is a leading real estate investment trust that specializes in the acquisition and management of a diverse portfolio of high-quality healthcare facilities throughout the United States, including senior housing, skilled nursing, and medical office properties. By partnering with top-tier operators, the company delivers consistent cash flows and sustainable growth, while focusing on improving the quality of life for residents and patients. With the ongoing expansion of the healthcare real estate sector, American Healthcare REIT offers a compelling investment opportunity for institutional investors looking to capitalize on essential services within a resilient market.

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CareTrust REIT Inc.

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

CareTrust REIT, Inc. is a publicly traded, self-managed real estate investment trust engaged in the ownership, acquisition, development, and leasing of skilled nursing, senior housing, and other healthcare-related properties.

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