Tenet Healthcare Corporation

Tenet Healthcare Corporation

THCยทNYSE

$164.84

+0.76%
HealthcareMedical - Care Facilities

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.

At a Glance

Live Snapshot
Market Cap$14.20B
EPS15.6100
P/E Ratio10.56
Earnings Date07/28/2026
Tenet Healthcare Corporation

Tenet Healthcare Corporation Fair Value Envelope

THC ยท NYSE

Our analysis suggests that THC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $164.84, this represents a potential HIDDEN relative to our calculated worth for Tenet Healthcare Corporation.

Intrinsic Value
Current Price: $164.84

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$30,349.8B
+ Cash & Equivalents$2.9B
Firm Value$30,352.7B
- Debt$13.2B
Equity Value$30,339.5B
/ Shares Outstanding87,885,145B
DCF Value$345.2K
UNDERVALUED BY 209326%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$7.1B
$14.2B
$28.3B
$56.6B
$113.3B
$226.6B
$453.1B
$906.2B
$1,812.5B
$3,625.0B
Maintenance CapEx
-$404.0M
-$808.0M
-$1.6B
-$3.2B
-$6.5B
-$12.9B
-$25.9B
-$51.7B
-$103.4B
-$206.8B
Owner Earnings
$6.7B
$13.4B
$26.7B
$53.4B
$106.8B
$213.6B
$427.3B
$854.5B
$1,709.1B
$3,418.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$6.2B
$11.4B
$21.2B
$39.3B
$72.7B
$134.6B
$249.3B
$461.7B
$855.0B
$1,583.2B
Terminal Value represents 88.7% of Enterprise Value