Tenet Healthcare Corporat... (THC)
Tenet Healthcare Statistics
Share Statistics
Tenet Healthcare has 94.37M shares outstanding. The number of shares has increased by -2.62% in one year.
| Shares Outstanding | 94.37M |
| Shares Change (YoY) | -2.62% |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | 94.33% |
| Shares Floating | 92.29M |
| Failed to Deliver (FTD) Shares | 3 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.43M, so 2.56% of the outstanding shares have been sold short.
| Short Interest | 2.43M |
| Short % of Shares Out | 2.56% |
| Short % of Float | 3.36% |
| Short Ratio (days to cover) | 1.36 |
Valuation Ratios
The PE ratio is 3.82 and the forward PE ratio is 9.19. Tenet Healthcare's PEG ratio is 0.01.
| PE Ratio | 3.82 |
| Forward PE | 9.19 |
| PS Ratio | 0.59 |
| Forward PS | 0.5 |
| PB Ratio | 2.93 |
| P/FCF Ratio | 10.96 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Tenet Healthcare has an Enterprise Value (EV) of 9.31B.
| EV / Sales | 0.45 |
| EV / EBITDA | 1.35 |
| EV / EBIT | 4.55 |
| EV / FCF | 8.34 |
Financial Position
The company has a current ratio of 1.78, with a Debt / Equity ratio of 0.02.
| Current Ratio | 1.78 |
| Quick Ratio | 1.7 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.08 |
| Interest Coverage | 7.21 |
Financial Efficiency
Return on Equity is 76.72% and Return on Invested Capital is 18.66%.
| Return on Equity | 76.72% |
| Return on Assets | 11.06% |
| Return on Invested Capital | 18.66% |
| Revenue Per Employee | $277.46K |
| Profits Per Employee | $42.96K |
| Employee Count | 74,480 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 25.44 |
Taxes
| Income Tax | 1.18B |
| Effective Tax Rate | 22.56% |
Stock Price Statistics
The stock price has increased by 33.47% in the last 52 weeks. The beta is 1.78, so Tenet Healthcare's price volatility has been higher than the market average.
| Beta | 1.78 |
| 52-Week Price Change | 33.47% |
| 50-Day Moving Average | 128.91 |
| 200-Day Moving Average | 142.98 |
| Relative Strength Index (RSI) | 43.97 |
| Average Volume (20 Days) | 1.65M |
Income Statement
In the last 12 months, Tenet Healthcare had revenue of 20.66B and earned 3.2B in profits. Earnings per share was 33.02.
| Revenue | 20.66B |
| Gross Profit | 11.86B |
| Operating Income | 5.96B |
| Net Income | 3.2B |
| EBITDA | 6.89B |
| EBIT | 6.07B |
| Earnings Per Share (EPS) | 33.02 |
Balance Sheet
The company has 3.02B in cash and 92M in debt, giving a net cash position of 2.93B.
| Cash & Cash Equivalents | 3.02B |
| Total Debt | 92M |
| Net Cash | 2.93B |
| Retained Earnings | 3.01B |
| Total Assets | 28.94B |
| Working Capital | 3.37B |
Cash Flow
In the last 12 months, operating cash flow was 2.05B and capital expenditures -931M, giving a free cash flow of 1.12B.
| Operating Cash Flow | 2.05B |
| Capital Expenditures | -931M |
| Free Cash Flow | 1.12B |
| FCF Per Share | 11.52 |
Margins
Gross margin is 57.41%, with operating and profit margins of 28.82% and 15.49%.
| Gross Margin | 57.41% |
| Operating Margin | 28.82% |
| Pretax Margin | 25.4% |
| Profit Margin | 15.49% |
| EBITDA Margin | 33.35% |
| EBIT Margin | 28.82% |
| FCF Margin | 5.4% |
Dividends & Yields
THC does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 26.16% |
| FCF Yield | 9.12% |
Analyst Forecast
The average price target for THC is $165, which is 35.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $165 |
| Price Target Difference | 35.7% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Stock Splits
The last stock split was on Oct 11, 2012. It was a backward split with a ratio of 1:4.
| Last Split Date | Oct 11, 2012 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 1.75 |
| Piotroski F-Score | 7 |