CareTrust REIT Inc (CTRE) is fairly valued and Ventas Inc (VTR) is overvalued.
Against our estimates of intrinsic value, CTRE trades at the wider discount: a margin of safety of +1%, against -234% for VTR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.7% (average of 3 methods) values the shares at $37.70; the price of $37.43 is 1% below that value, and 78% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 8.4% (average of 2 methods) values the shares at $26.01; the price of $86.86 is 234% above that value.
Leak Score 29/100 on 8 of 12 signals
| Metric | CTRE | VTR |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $37.43 | $86.86 |
| Intrinsic value | $37.70 | $26.01 |
| Margin of safety | +1% | -234% |
| Leak Score | 27/100 (3/12) | 29/100 (8/12) |
| Market cap | $8.8B | $45.5B |
| Revenue growth, 5 years | 21.7% | 9.0% |
| Operating margin | 64.9% | 14.8% |
| Net margin | 62.1% | 4.1% |
| Return on equity | 9.1% | 2.0% |
| Debt to equity | 0.27 | 0.89 |
| P/E | 23.6x | 159.3x |
| Forward P/E | 22.3x | 92.2x |
| P/B | 2.0x | 3.0x |
| Dividend yield | 4.2% | 2.4% |