Omega Healthcare Investors Inc (OHI) is slightly overvalued and Ventas Inc (VTR) is overvalued.
Both trade above our estimate of their intrinsic value. OHI is the closer of the two: -13%, against -234% for VTR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $41.11; the price of $46.47 is 13% above that value, and 81% of that value comes from beyond year five.
Leak Score 22/100 on 2 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 | OHI | VTR |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $46.47 | $86.86 |
| Intrinsic value | $41.11 | $26.01 |
| Margin of safety | -13% | -234% |
| Leak Score | 22/100 (2/12) | 29/100 (8/12) |
| Market cap | $14.1B | $45.5B |
| Revenue growth, 5 years | 6.4% | 9.0% |
| Operating margin | 63.3% | 14.8% |
| Net margin | 65.3% | 4.1% |
| Return on equity | 16.2% | 2.0% |
| Debt to equity | 0.75 | 0.89 |
| P/E | 16.6x | 159.3x |
| Forward P/E | 23.2x | 92.2x |
| P/B | 2.6x | 3.0x |
| Dividend yield | 5.8% | 2.4% |