Ventas, Inc.

Ventas, Inc.

VTRยทNYSE

$79.10

-1.3%
Real EstateREIT - Healthcare Facilities

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries: healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population. For more than twenty years, Ventas has followed a successful strategy that endures: combining a high-quality diversified portfolio of properties and capital sources to manage through cycles, working with industry leading partners, and a collaborative and experienced team focused on producing consistent growing cash flows and superior returns on a strong balance sheet, ultimately rewarding Ventas shareholders. As of September 30, 2020, Ventas owned or managed through unconsolidated joint ventures approximately 1,200 properties.

At a Glance

Live Snapshot
Market Cap$38.46B
EPS0.5500
P/E Ratio143.82
Earnings Date07/29/2026
Ventas, Inc.

Ventas, Inc. Fair Value Envelope

VTR ยท NYSE

Our analysis suggests that VTR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $79.1, this represents a potential HIDDEN relative to our calculated worth for Ventas, Inc..

Intrinsic Value
Current Price: $79.1

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$152.9B
+ Cash & Equivalents$741.1M
Firm Value$153.6B
- Debt$13.2B
Equity Value$140.4B
/ Shares Outstanding442,426,468B
DCF Value$317
UNDERVALUED BY 301%

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
$2.1B
$2.6B
$3.3B
$4.1B
$5.1B
$6.3B
$7.8B
$9.8B
$12.2B
$15.2B
Maintenance CapEx
-$90.7M
-$113.0M
-$140.9M
-$175.6M
-$218.8M
-$272.7M
-$339.9M
-$423.6M
-$527.9M
-$657.9M
Owner Earnings
$2.0B
$2.5B
$3.1B
$3.9B
$4.8B
$6.0B
$7.5B
$9.4B
$11.7B
$14.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.9B
$2.1B
$2.5B
$2.9B
$3.3B
$3.8B
$4.4B
$5.1B
$5.8B
$6.7B
Terminal Value represents 74.9% of Enterprise Value