Medical - Care Facilities
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4 / 10Stock Comparison
ASTH vs WELL vs VTR vs ALHC
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Healthcare Facilities
REIT - Healthcare Facilities
Medical - Healthcare Plans
ASTH vs WELL vs VTR vs ALHC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Medical - Care Facilities | REIT - Healthcare Facilities | REIT - Healthcare Facilities | Medical - Healthcare Plans |
| Market Cap | $2.01B | $149.25B | $41.15B | $3.73B |
| Revenue (TTM) | $3.53B | $11.63B | $6.13B | $4.26B |
| Net Income (TTM) | $30M | $1.43B | $260M | $20M |
| Gross Margin | 6.8% | 39.1% | -4.3% | 9.0% |
| Operating Margin | 2.5% | 4.4% | 13.4% | 0.8% |
| Forward P/E | 29.1x | 78.4x | 118.0x | 140.9x |
| Total Debt | $1.08B | $21.38B | $13.22B | $338M |
| Cash & Equiv. | $429M | $5.03B | $741M | $578M |
ASTH vs WELL vs VTR vs ALHC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 21 | May 26 | Return |
|---|---|---|---|
| Astrana Health, Inc. (ASTH) | 100 | 133.2 | +33.2% |
| Welltower Inc. (WELL) | 100 | 297.4 | +197.4% |
| Ventas, Inc. (VTR) | 100 | 162.2 | +62.2% |
| Alignment Healthcar… (ALHC) | 100 | 83.2 | -16.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ASTH vs WELL vs VTR vs ALHC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ASTH is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 56.4%, EPS growth -48.9%, 3Y rev CAGR 40.6%
- 56.4% revenue growth vs VTR's 18.5%
- Lower P/E (29.1x vs 140.9x)
WELL carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 223.1% 10Y total return vs ASTH's 6.1%
- Lower volatility, beta 0.13, Low D/E 49.5%, current ratio 5.34x
- Beta 0.13, yield 1.3%, current ratio 5.34x
- 12.3% margin vs ALHC's 0.5%
VTR is the clearest fit if your priority is income & stability.
- Dividend streak 1 yrs, beta 0.01, yield 2.1%
- Beta 0.01 vs ASTH's 1.11, lower leverage
ALHC lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 56.4% revenue growth vs VTR's 18.5% | |
| Value | Lower P/E (29.1x vs 140.9x) | |
| Quality / Margins | 12.3% margin vs ALHC's 0.5% | |
| Stability / Safety | Beta 0.01 vs ASTH's 1.11, lower leverage | |
| Dividends | 1.3% yield, 2-year raise streak, vs VTR's 2.1%, (1 stock pays no dividend) | |
| Momentum (1Y) | +42.7% vs ASTH's +12.3% | |
| Efficiency (ROA) | 2.3% ROA vs VTR's 1.0%, ROIC 0.5% vs 2.5% |
ASTH vs WELL vs VTR vs ALHC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ASTH vs WELL vs VTR vs ALHC — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ASTH leads in 1 of 6 categories
WELL leads 1 • VTR leads 0 • ALHC leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — WELL and VTR each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WELL is the larger business by revenue, generating $11.6B annually — 3.3x ASTH's $3.5B. WELL is the more profitable business, keeping 12.3% of every revenue dollar as net income compared to ALHC's 0.5%. On growth, ASTH holds the edge at +55.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $3.5B | $11.6B | $6.1B | $4.3B |
| EBITDAEarnings before interest/tax | $141M | $2.8B | $2.3B | $66M |
| Net IncomeAfter-tax profit | $30M | $1.4B | $260M | $20M |
| Free Cash FlowCash after capex | $158M | $2.5B | $1.4B | $237M |
| Gross MarginGross profit ÷ Revenue | +6.8% | +39.1% | -4.3% | +9.0% |
| Operating MarginEBIT ÷ Revenue | +2.5% | +4.4% | +13.4% | +0.8% |
| Net MarginNet income ÷ Revenue | +0.9% | +12.3% | +4.2% | +0.5% |
| FCF MarginFCF ÷ Revenue | +4.5% | +21.9% | +22.4% | +5.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +55.6% | +40.3% | +22.0% | +33.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +107.1% | +22.5% | 0.0% | +2.1% |
Valuation Metrics
ASTH leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 78.4x trailing earnings, ASTH trades at a 51% valuation discount to VTR's 160.3x P/E. On an enterprise value basis, ASTH's 21.4x EV/EBITDA is more attractive than ALHC's 77.1x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $2.0B | $149.2B | $41.1B | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $2.7B | $165.6B | $53.6B | $3.5B |
| Trailing P/EPrice ÷ TTM EPS | 78.43x | 153.25x | 160.26x | -4932.43x |
| Forward P/EPrice ÷ next-FY EPS est. | 29.12x | 78.42x | 118.01x | 140.93x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 21.39x | 66.40x | 24.31x | 77.12x |
| Price / SalesMarket cap ÷ Revenue | 0.63x | 13.99x | 7.05x | 0.94x |
| Price / BookPrice ÷ Book value/share | 3.19x | 3.35x | 3.18x | 20.16x |
| Price / FCFMarket cap ÷ FCF | 19.24x | 52.41x | 31.25x | 32.95x |
Profitability & Efficiency
Evenly matched — ASTH and WELL and ALHC each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
ALHC delivers a 11.5% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $2 for VTR. WELL carries lower financial leverage with a 0.49x debt-to-equity ratio, signaling a more conservative balance sheet compared to ASTH's 1.93x. On the Piotroski fundamental quality scale (0–9), WELL scores 7/9 vs ASTH's 3/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +4.9% | +3.5% | +2.1% | +11.5% |
| ROA (TTM)Return on assets | +1.5% | +2.3% | +1.0% | +1.8% |
| ROICReturn on invested capital | +6.2% | +0.5% | +2.5% | — |
| ROCEReturn on capital employed | +6.1% | +0.6% | +3.2% | +2.9% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 7 | 6 | 6 |
| Debt / EquityFinancial leverage | 1.93x | 0.49x | 1.05x | 1.89x |
| Net DebtTotal debt minus cash | $649M | $16.3B | $12.5B | -$240M |
| Cash & Equiv.Liquid assets | $429M | $5.0B | $741M | $578M |
| Total DebtShort + long-term debt | $1.1B | $21.4B | $13.2B | $338M |
| Interest CoverageEBIT ÷ Interest expense | 2.49x | 0.26x | 1.40x | 1.27x |
Total Returns (Dividends Reinvested)
WELL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WELL five years ago would be worth $30,234 today (with dividends reinvested), compared to $7,726 for ALHC. Over the past 12 months, WELL leads with a +42.7% total return vs ASTH's +12.3%. The 3-year compound annual growth rate (CAGR) favors WELL at 42.5% vs ASTH's 1.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +43.1% | +14.3% | +12.6% | -9.7% |
| 1-Year ReturnPast 12 months | +12.3% | +42.7% | +33.9% | +17.6% |
| 3-Year ReturnCumulative with dividends | +3.1% | +189.5% | +94.2% | +152.4% |
| 5-Year ReturnCumulative with dividends | +7.8% | +202.3% | +74.8% | -22.7% |
| 10-Year ReturnCumulative with dividends | +614.5% | +223.1% | +65.0% | +5.4% |
| CAGR (3Y)Annualised 3-year return | +1.0% | +42.5% | +24.8% | +36.2% |
Risk & Volatility
Evenly matched — ASTH and VTR each lead in 1 of 2 comparable metrics.
Risk & Volatility
VTR is the less volatile stock with a 0.01 beta — it tends to amplify market swings less than ASTH's 1.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ASTH currently trades 99.7% from its 52-week high vs ALHC's 76.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.11x | 0.13x | 0.01x | 0.75x |
| 52-Week HighHighest price in past year | $36.20 | $219.59 | $88.50 | $23.87 |
| 52-Week LowLowest price in past year | $18.08 | $142.65 | $61.76 | $11.63 |
| % of 52W HighCurrent price vs 52-week peak | +99.7% | +97.0% | +97.8% | +76.5% |
| RSI (14)Momentum oscillator 0–100 | 76.8 | 60.2 | 56.2 | 37.3 |
| Avg Volume (50D)Average daily shares traded | 478K | 2.6M | 3.4M | 3.6M |
Analyst Outlook
Evenly matched — WELL and VTR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: ASTH as "Buy", WELL as "Buy", VTR as "Buy", ALHC as "Buy". Consensus price targets imply 36.1% upside for ALHC (target: $25) vs -5.2% for ASTH (target: $34). For income investors, VTR offers the higher dividend yield at 2.15% vs ASTH's 0.44%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $34.20 | $226.50 | $90.80 | $24.83 |
| # AnalystsCovering analysts | 9 | 34 | 32 | 16 |
| Dividend YieldAnnual dividend ÷ price | +0.4% | +1.3% | +2.1% | — |
| Dividend StreakConsecutive years of raises | 1 | 2 | 1 | — |
| Dividend / ShareAnnual DPS | $0.16 | $2.76 | $1.86 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.8% | 0.0% | 0.0% | 0.0% |
ASTH leads in 1 of 6 categories (Valuation Metrics). WELL leads in 1 (Total Returns). 4 tied.
ASTH vs WELL vs VTR vs ALHC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is ASTH or WELL or VTR or ALHC a better buy right now?
For growth investors, Astrana Health, Inc.
(ASTH) is the stronger pick with 56. 4% revenue growth year-over-year, versus 18. 5% for Ventas, Inc. (VTR). Astrana Health, Inc. (ASTH) offers the better valuation at 78. 4x trailing P/E (29. 1x forward), making it the more compelling value choice. Analysts rate Astrana Health, Inc. (ASTH) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ASTH or WELL or VTR or ALHC?
On trailing P/E, Astrana Health, Inc.
(ASTH) is the cheapest at 78. 4x versus Ventas, Inc. at 160. 3x. On forward P/E, Astrana Health, Inc. is actually cheaper at 29. 1x.
03Which is the better long-term investment — ASTH or WELL or VTR or ALHC?
Over the past 5 years, Welltower Inc.
(WELL) delivered a total return of +202. 3%, compared to -22. 7% for Alignment Healthcare, Inc. (ALHC). Over 10 years, the gap is even starker: ASTH returned +614. 5% versus ALHC's +5. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ASTH or WELL or VTR or ALHC?
By beta (market sensitivity over 5 years), Ventas, Inc.
(VTR) is the lower-risk stock at 0. 01β versus Astrana Health, Inc. 's 1. 11β — meaning ASTH is approximately 11584% more volatile than VTR relative to the S&P 500. On balance sheet safety, Welltower Inc. (WELL) carries a lower debt/equity ratio of 49% versus 193% for Astrana Health, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — ASTH or WELL or VTR or ALHC?
By revenue growth (latest reported year), Astrana Health, Inc.
(ASTH) is pulling ahead at 56. 4% versus 18. 5% for Ventas, Inc. (VTR). On earnings-per-share growth, the picture is similar: Ventas, Inc. grew EPS 184. 2% year-over-year, compared to -48. 9% for Astrana Health, Inc.. Over a 3-year CAGR, ASTH leads at 40. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ASTH or WELL or VTR or ALHC?
Welltower Inc.
(WELL) is the more profitable company, earning 8. 8% net margin versus -0. 0% for Alignment Healthcare, Inc. — meaning it keeps 8. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VTR leads at 14. 2% versus 0. 4% for ALHC. At the gross margin level — before operating expenses — WELL leads at 39. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ASTH or WELL or VTR or ALHC more undervalued right now?
On forward earnings alone, Astrana Health, Inc.
(ASTH) trades at 29. 1x forward P/E versus 140. 9x for Alignment Healthcare, Inc. — 111. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALHC: 36. 1% to $24. 83.
08Which pays a better dividend — ASTH or WELL or VTR or ALHC?
In this comparison, VTR (2.
1% yield), WELL (1. 3% yield), ASTH (0. 4% yield) pay a dividend. ALHC does not pay a meaningful dividend and should not be held primarily for income.
09Is ASTH or WELL or VTR or ALHC better for a retirement portfolio?
For long-horizon retirement investors, Ventas, Inc.
(VTR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 01), 2. 1% yield). Both have compounded well over 10 years (VTR: +65. 0%, ALHC: +5. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ASTH and WELL and VTR and ALHC?
These companies operate in different sectors (ASTH (Healthcare) and WELL (Real Estate) and VTR (Real Estate) and ALHC (Healthcare)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
WELL, VTR pay a dividend while ASTH, ALHC do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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