XNASSBRA
Market cap4.05bUSD
Dec 26, Last price
17.10USD
1D
0.12%
1Q
-7.27%
Jan 2017
-29.98%
IPO
3.64%
Name
Sabra Health Care REIT Inc
Chart & Performance
Profile
As of March 31, 2022, Sabra's investment portfolio included 416 real estate properties held for investment. This consists of (i) 279 Skilled Nursing/Transitional Care facilities, (ii) 59 Senior Housing communities (Senior Housing - Leased), (iii) 50 Senior Housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed), (iv) 13 Behavioral Health facilities and (v) 15 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a sales-type lease, 16 investments in loans receivable (consisting of (i) two mortgage loans, (ii) one construction loan and (iii) 13 other loans), seven preferred equity investments and one investment in an unconsolidated joint venture. As of March 31, 2022, Sabra's real estate properties held for investment included 41,445 beds/units, spread across the United States and Canada.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 647,514 3.63% | 624,811 9.70% | 569,545 -4.85% | |||||||
Cost of revenue | 425,804 | 202,187 | 175,870 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 221,710 | 422,624 | 393,675 | |||||||
NOPBT Margin | 34.24% | 67.64% | 69.12% | |||||||
Operating Taxes | 2,002 | 1,242 | 1,845 | |||||||
Tax Rate | 0.90% | 0.29% | 0.47% | |||||||
NOPAT | 219,708 | 421,382 | 391,830 | |||||||
Net income | 13,756 -117.73% | (77,605) -31.48% | (113,256) -181.82% | |||||||
Dividends | (277,447) | (277,157) | (262,919) | |||||||
Dividend yield | 8.35% | 9.65% | 8.86% | |||||||
Proceeds from repurchase of equity | (2,682) | (9,620) | ||||||||
BB yield | 0.08% | 0.34% | ||||||||
Debt | ||||||||||
Debt current | 96,462 | 196,982 | 1,783,279 | |||||||
Long-term debt | 2,384,738 | 2,549,018 | 2,444,188 | |||||||
Deferred revenue | 2,691,277 | 2,587,177 | ||||||||
Other long-term liabilities | (2,691,277) | (2,587,177) | ||||||||
Net debt | 2,245,223 | 2,561,730 | 4,018,791 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 300,571 | 315,733 | 356,390 | |||||||
CAPEX | (33,607) | |||||||||
Cash from investing activities | 103,130 | (216,248) | (336,196) | |||||||
Cash from financing activities | (410,300) | (161,707) | 30,140 | |||||||
FCF | 5,761,235 | 2,187,646 | (237,616) | |||||||
Balance | ||||||||||
Cash | 41,285 | 49,308 | 111,996 | |||||||
Long term investments | 194,692 | 134,962 | 96,680 | |||||||
Excess cash | 203,601 | 153,029 | 180,199 | |||||||
Stockholders' equity | (1,692,221) | 1,064,514 | 1,225,381 | |||||||
Invested Capital | 6,943,423 | 5,607,122 | 7,377,085 | |||||||
ROIC | 3.50% | 6.49% | 5.54% | |||||||
ROCE | 4.22% | 7.28% | 5.18% | |||||||
EV | ||||||||||
Common stock shares outstanding | 232,793 | 230,948 | 219,073 | |||||||
Price | 14.27 14.80% | 12.43 -8.20% | 13.54 -22.05% | |||||||
Market cap | 3,321,953 15.72% | 2,870,682 -3.22% | 2,966,249 -17.60% | |||||||
EV | 5,567,176 | 7,927,498 | 9,313,342 | |||||||
EBITDA | 404,797 | 610,406 | 572,666 | |||||||
EV/EBITDA | 13.75 | 12.99 | 16.26 | |||||||
Interest | 112,964 | 105,471 | 98,632 | |||||||
Interest/NOPBT | 50.95% | 24.96% | 25.05% |