Tenet Healthcare Corp
NYSE:THC

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Tenet Healthcare Corp
NYSE:THC
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Price: 185.47 USD -3.03% Market Closed
Market Cap: $16.1B

EV/EBITDA

5.6
Current
8%
Cheaper
vs 3-y average of 6.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.6
=
Enterprise Value
$30.6B
/
EBITDA
$4.6B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.6
=
Enterprise Value
$30.6B
/
EBITDA
$4.6B

Valuation Scenarios

Tenet Healthcare Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (6.1), the stock would be worth $201.44 (9% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+154%
Average Upside
75%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.6 $185.47
0%
3-Year Average 6.1 $201.44
+9%
5-Year Average 6.2 $204.23
+10%
Industry Average 12.9 $423.61
+128%
Country Average 14.4 $471.94
+154%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$30.6B
/
Jan 2026
$4.6B
=
5.6
Current
$30.6B
/
Dec 2026
$4.7B
=
6.6
Forward
$30.6B
/
Dec 2027
$4.8B
=
6.4
Forward
$30.6B
/
Dec 2028
$5.1B
=
6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

Lower than 91% of companies in the United States of America
Percentile
9th
Based on 9 875 companies
9th percentile
5.6
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Tenet Healthcare Corp
Glance View

In the bustling realm of healthcare, Tenet Healthcare Corporation stands as a dynamic force, intertwining patient care with resilient business strategies. Based in Dallas, Tenet has carved out a significant niche in the healthcare industry by operating an extensive network of facilities across the United States. This sprawling empire includes hospitals, surgical centers, and outpatient facilities, all underpinned by its commitment to quality care. Tenet's operations are driven by a keen understanding of community health needs, offering specialized services through its brands, including the renowned Conifer Health Solutions and United Surgical Partners International (USPI). At its core, Tenet's business model is shaped by the drive to enhance accessibility, efficacy, and efficiency in healthcare delivery, balancing patient needs with sound economic strategies. Financially, Tenet Healthcare generates revenue through a blend of patient services, surgical operations, and management consulting via its subsidiaries. By aligning its hospital network with the ever-growing demand for outpatient surgery services, particularly through USPI, the company taps into the profitable sphere of ambulatory care. Conifer Health Solutions, on the other hand, provides innovative revenue cycle and value-based care services, fostering sustainable financial health for healthcare providers nationwide. This multifaceted approach allows Tenet to continuously scale its operations while adapting to the evolving landscape of healthcare regulations and consumer expectations. Through strategic acquisitions and partnerships, Tenet ensures its expansion is both sustainable and aligned with emerging healthcare trends, underpinning its robustness in an ever-competitive field.

THC Intrinsic Value
317.53 USD
Undervaluation 42%
Intrinsic Value
Price $185.47
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