Community Healthcare Trust Incorporated (CHCT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+117.8%

$28.59

vs $13.13 price

Levered DCF

$18.27

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.28

Distress zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	212.14×	-83.52×	133.2×	44.2×	54.33×	58.89×	115.84×	115.32×
P/B	1.03×	1.07×	1.31×	1.7×	2.38×	2.36×	2.27×	1.88×
P/S	3.64×	4.4×	5.95×	8.66×	12.14×	13.43×	13.16×	10.47×
EV / EBITDA	11.77×	15.72×	16.3×	17.76×	21.21×	23.03×	23.73×	22.34×
Gross margin	8.7%	80.3%	81.6%	83.0%	83.3%	82.0%	79.9%	79.6%
Operating margin	16.7%	17.4%	22.2%	34.7%	36.3%	36.9%	30.7%	27.6%
Net margin	4.2%	-2.7%	6.8%	22.5%	24.8%	25.2%	13.8%	9.1%
Current ratio	0.17×	0.25×	5.74×	4.39×	1.98×	0.77×	1.66×	0.7×
Debt / equity	1.25×	1.03×	0.8×	0.72×	0.58×	0.5×	0.55×	0.54×
Interest coverage	0.6×	0.85×	1.41×	2.85×	3.12×	3.24×	2.01×	2.13×
Dividend yield	12.2%	10.1%	7.2%	5.3%	3.9%	3.7%	4.0%	5.8%
Payout ratio	1051.9%	-1625.2%	623.0%	202.0%	188.5%	199.4%	381.4%	667.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.2%	-0.7%	1.5%	4.4%	4.9%	4.4%	2.4%	1.6%
Return on invested capital	2.1%	2.1%	2.6%	3.9%	4.4%	4.2%	2.9%	3.5%
Return on assets	0.5%	-0.3%	0.8%	2.5%	3.0%	2.9%	1.5%	1.0%
Free cash flow yield	8.1%	6.7%	6.3%	5.9%	4.5%	4.1%	3.5%	3.9%
Earnings yield	1.2%	-0.6%	1.1%	2.6%	2.0%	1.9%	1.0%	0.9%
Enterprise value	$973.8M	$995.2M	$1.1B	$1.2B	$1.4B	$1.2B	$993.5M	$655.1M
Net debt / EBITDA	6.44×	7.67×	6.17×	5.15×	4.14×	3.95×	4.6×	4.97×
Cash conversion cycle (days)	112	143	-28	201	174	137	191	71