Tenet Healthcare primarily operates acute care hospitals and related healthcare facilities in the United States. It operates through two segments, Hospital Operations and Other, and Conifer. The company was founded in 1967 and is based in Dallas, Texas.
THC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tenet Healthcare Corp. To summarize, we found that Tenet Healthcare Corp ranked in the 94th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Tenet Healthcare Corp, consider:
The compound growth rate in the free cash flow of Tenet Healthcare Corp over the past 4.76 years is 0.95%; that's better than 88.97% of cash flow producing equities in the Healthcare sector, where it is classified.
14% of the company's capital comes from equity, which is greater than just 5.7% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 86% of the company's capital (with equity being the remaining amount). Approximately 94.26% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DVCR, RDY, INBP, FVE, and CORT can be thought of as valuation peers to THC, in the sense that they are in the Healthcare sector and have a similar price forecast based on DCF valuation.
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced the pricing of the previously announced private placement offering and has agreed to issue and sell $600 million in aggregate principal amount of senior secured first lien notes due on June 15, 2028, which will bear interest at a rate of 4.625% per annum (the “notes”). Completion of the notes offering is expected to occur on June 16, 2020, and is subject to, among other things, standard closing and market conditio
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced a private placement offering of $600 million in aggregate principal amount of newly issued senior secured first lien notes maturing in 2028 (the “notes”). Completion of the offering is subject to, among other things, pricing and standard closing and market conditions. Tenet intends to use the net proceeds from the sale of the notes, after payment of fees and expenses, for general corporate purposes which may inclu
The number of Americans with confirmed case of the coronavirus that causes COVID-19 climbed above 1.8 million on Tuesday, amid concerns that protests about the death of George Floyd last week, and people gathering in groups as lockdowns are lifted, will spark a fresh wave of infections.