WallStSmart

Healthpeak Properties Inc (DOC)vsLTC Properties Inc (LTC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Healthpeak Properties Inc generates 768% more annual revenue ($2.95B vs $339.88M). LTC leads profitability with a 39.9% profit margin vs 8.3%. DOC appears more attractively valued with a PEG of 4.08. DOC earns a higher WallStSmart Score of 58/100 (C).

DOC

Buy

58

out of 100

Grade: C

Growth: 8.0Profit: 5.5Value: 4.7Quality: 4.5
Piotroski: 2/9Altman Z: 0.22

LTC

Buy

55

out of 100

Grade: C-

Growth: 4.0Profit: 7.5Value: 6.7Quality: 4.0
Piotroski: 3/9Altman Z: 1.10
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DOCUndervalued (+38.4%)

Margin of Safety

+38.4%

Fair Value

$27.55

Current Price

$20.30

$7.25 discount

UndervaluedFair: $27.55Overvalued
LTCUndervalued (+49.4%)

Margin of Safety

+49.4%

Fair Value

$77.92

Current Price

$42.27

$35.65 discount

UndervaluedFair: $77.92Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DOC2 strengths · Avg: 9.0/10
EPS GrowthGrowth
68.2%10/10

Earnings expanding 68.2% YoY

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

LTC4 strengths · Avg: 9.0/10
Profit MarginProfitability
39.9%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
52.9%10/10

Strong operational efficiency at 52.9%

P/E RatioValuation
15.2x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

DOC4 concerns · Avg: 2.8/10
Return on EquityProfitability
3.2%3/10

ROE of 3.2% — below average capital efficiency

Debt/EquityHealth
1.323/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
4.082/10

Expensive relative to growth rate

LTC4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
5.742/10

Expensive relative to growth rate

Revenue GrowthGrowth
-19.0%2/10

Revenue declined 19.0%

EPS GrowthGrowth
-54.4%2/10

Earnings declined 54.4%

Comparative Analysis Report

WallStSmart Research

Bull Case : DOC

The strongest argument for DOC centers on EPS Growth, Price/Book. Revenue growth of 11.1% demonstrates continued momentum.

Bull Case : LTC

The strongest argument for LTC centers on Profit Margin, Operating Margin, P/E Ratio. Profitability is solid with margins at 39.9% and operating margin at 52.9%.

Bear Case : DOC

The primary concerns for DOC are Return on Equity, Debt/Equity, Piotroski F-Score. A P/E of 58.6x leaves little room for execution misses.

Bear Case : LTC

The primary concerns for LTC are Piotroski F-Score, PEG Ratio, Revenue Growth.

Key Dynamics to Monitor

DOC profiles as a value stock while LTC is a declining play — different risk/reward profiles.

DOC carries more volatility with a beta of 0.99 — expect wider price swings.

DOC is growing revenue faster at 11.1% — sustainability is the question.

LTC generates stronger free cash flow (-135M), providing more financial flexibility.

Bottom Line

DOC scores higher overall (58/100 vs 55/100) and 11.1% revenue growth. LTC offers better value entry with a 49.4% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Healthpeak Properties Inc

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are rented to physicians, hospitals and healthcare delivery systems.

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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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