WallStSmart

American Healthcare REIT, Inc. (AHR)vsLTC Properties Inc (LTC)

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Smart Verdict

WallStSmart Research — data-driven comparison

American Healthcare REIT, Inc. generates 777% more annual revenue ($2.26B vs $257.62M). LTC leads profitability with a 45.8% profit margin vs 3.1%. LTC trades at a lower P/E of 14.5x. LTC earns a higher WallStSmart Score of 63/100 (C+).

AHR

Hold

46

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 3.0Quality: 5.0
Piotroski: 5/9Altman Z: 0.62

LTC

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 5.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AHRSignificantly Overvalued (-162.1%)

Margin of Safety

-162.1%

Fair Value

$19.66

Current Price

$47.94

$28.28 premium

UndervaluedFair: $19.66Overvalued
LTCUndervalued (+66.6%)

Margin of Safety

+66.6%

Fair Value

$117.94

Current Price

$37.25

$80.69 discount

UndervaluedFair: $117.94Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHR1 strengths · Avg: 8.0/10
Price/BookValuation
2.7x8/10

Reasonable price relative to book value

LTC4 strengths · Avg: 9.0/10
Profit MarginProfitability
45.8%10/10

Keeps 46 of every $100 in revenue as profit

Revenue GrowthGrowth
59.0%10/10

Revenue surging 59.0% year-over-year

P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

AHR4 concerns · Avg: 3.0/10
EPS GrowthGrowth
3.1%4/10

3.1% earnings growth

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
114.9x2/10

Premium valuation, high expectations priced in

LTC4 concerns · Avg: 2.5/10
EPS GrowthGrowth
4.4%4/10

4.4% earnings growth

Market CapQuality
$1.77B3/10

Smaller company, higher risk/reward

PEG RatioValuation
5.742/10

Expensive relative to growth rate

Operating MarginProfitability
-8.9%1/10

Operating margin of -8.9%

Comparative Analysis Report

WallStSmart Research

Bull Case : AHR

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

Bull Case : LTC

The strongest argument for LTC centers on Profit Margin, Revenue Growth, P/E Ratio. Profitability is solid with margins at 45.8% and operating margin at -8.9%. Revenue growth of 59.0% demonstrates continued momentum.

Bear Case : AHR

The primary concerns for AHR are EPS Growth, Return on Equity, Profit Margin. A P/E of 114.9x leaves little room for execution misses. Thin 3.1% margins leave little buffer for downturns.

Bear Case : LTC

The primary concerns for LTC are EPS Growth, Market Cap, PEG Ratio.

Key Dynamics to Monitor

AHR profiles as a value stock while LTC is a growth play — different risk/reward profiles.

AHR carries more volatility with a beta of 0.94 — expect wider price swings.

LTC is growing revenue faster at 59.0% — sustainability is the question.

LTC generates stronger free cash flow (38M), providing more financial flexibility.

Bottom Line

LTC scores higher overall (63/100 vs 46/100), backed by strong 45.8% margins and 59.0% revenue growth. 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 prominent real estate investment trust focused on the acquisition and management of a diversified portfolio of high-quality healthcare facilities across the United States. Specializing in senior housing, skilled nursing, and medical office properties, the company collaborates with leading operators to guarantee stable cash flows and sustainable growth. By prioritizing the enhancement of resident and patient quality of life, American Healthcare REIT is strategically positioned to benefit from the expanding healthcare real estate sector, presenting a compelling investment opportunity for institutional investors in an essential services market.

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LTC Properties Inc

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

LTC is a real estate investment trust (REIT) that invests in senior housing and healthcare properties primarily through back-lease sales, mortgage financing, joint ventures, and structured finance solutions including preferred equity and mezzanine loans. .

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