CareTrust REIT Experiences Revision in Its Stock Evaluation Amid Market Dynamics

CareTrust REIT, Inc., a small-cap player in the realty sector, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 29, alongside a price-to-book value of 1.90. Its enterprise value to EBITDA stands at 18.35, while the EV to EBIT is recorded at 23.76. The PEG ratio is noted at 1.20, and the dividend yield is remarkably high at 209.67%. Return on capital employed (ROCE) is at 9.07%, with return on equity (ROE) at 6.52%.
In comparison to its peers, CareTrust REIT's valuation metrics reflect a diverse landscape. For instance, SL Green Realty Corp. shows a significantly higher P/E ratio, while other competitors like Macerich Co. present a negative P/E, indicating varied market positions within the industry. Notably, CareTrust's performance over the past year has yielded a return of 6.06%, which lags behind the S&P 500's 19.89% return in the same timeframe. However, over a three-year period, CareTrust has outperformed the S&P 500 with a return of 85.49% compared to 76.66%. This evaluation revision highlights the ongoing dynamics within the realty sector and the relative positioning of CareTrust REIT among its peers.