LTC PROPERTIES INC (LTC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LTC - US5021751020 - REIT
35.23 USD
+0.09 (+0.26%)
Overall LTC gets a fundamental rating of 4 out of 10. We evaluated LTC against 128 industry peers in the Diversified REITs industry. While LTC is still in line with the averages on profitability rating, there are concerns on its financial health. LTC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
LTC had positive earnings in the past year.
In the past year LTC had a positive cash flow from operations.
LTC had positive earnings in each of the past 5 years.
LTC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.62%, LTC is in line with its industry, outperforming 57.81% of the companies in the same industry.
LTC has a Return On Equity (3.47%) which is in line with its industry peers.
LTC has a better Return On Invested Capital (3.24%) than 62.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LTC is above the industry average of 3.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 3.47% | ||
| ROIC | 3.24% |
ROA(3y)5.29%
ROA(5y)5.21%
ROE(3y)10.51%
ROE(5y)10.28%
ROIC(3y)5.29%
ROIC(5y)4.97%
1.3 Margins
LTC has a Profit Margin of 14.37%. This is in the better half of the industry: LTC outperforms 61.72% of its industry peers.
In the last couple of years the Profit Margin of LTC has remained more or less at the same level.
With a decent Operating Margin value of 35.30%, LTC is doing good in the industry, outperforming 72.66% of the companies in the same industry.
In the last couple of years the Operating Margin of LTC has remained more or less at the same level.
LTC has a Gross Margin of 83.40%. This is amongst the best in the industry. LTC outperforms 84.38% of its industry peers.
LTC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.3% | ||
| PM (TTM) | 14.37% | ||
| GM | 83.4% |
OM growth 3Y7.44%
OM growth 5Y1.11%
PM growth 3Y6.47%
PM growth 5Y-0.08%
GM growth 3Y1.37%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LTC is destroying value.
LTC has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, LTC has more shares outstanding
Compared to 1 year ago, LTC has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.04, we must say that LTC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of LTC (1.04) is better than 79.69% of its industry peers.
LTC has a Debt/Equity ratio of 0.99. This is a neutral value indicating LTC is somewhat dependend on debt financing.
LTC's Debt to Equity ratio of 0.99 is fine compared to the rest of the industry. LTC outperforms 61.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.04 |
ROIC/WACC0.45
WACC7.25%
2.3 Liquidity
LTC has a Current Ratio of 1.11. This is a normal value and indicates that LTC is financially healthy and should not expect problems in meeting its short term obligations.
LTC's Current ratio of 1.11 is in line compared to the rest of the industry. LTC outperforms 53.13% of its industry peers.
A Quick Ratio of 1.11 indicates that LTC should not have too much problems paying its short term obligations.
LTC has a Quick ratio (1.11) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
LTC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -60.09%.
The Earnings Per Share has been decreasing by -0.48% on average over the past years.
The Revenue for LTC has decreased by -10.70% in the past year. This is quite bad
LTC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.52% yearly.
EPS 1Y (TTM)-60.09%
EPS 3Y13.29%
EPS 5Y-0.48%
EPS Q2Q%-166.67%
Revenue 1Y (TTM)-10.7%
Revenue growth 3Y10.55%
Revenue growth 5Y2.52%
Sales Q2Q%11.66%
3.2 Future
Based on estimates for the next years, LTC will show a decrease in Earnings Per Share. The EPS will decrease by -2.52% on average per year.
Based on estimates for the next years, LTC will show a decrease in Revenue. The Revenue will decrease by -3.86% on average per year.
EPS Next Y-7.18%
EPS Next 2Y-1.88%
EPS Next 3Y-2.52%
EPS Next 5YN/A
Revenue Next Year-26.03%
Revenue Next 2Y-4.81%
Revenue Next 3Y-3.86%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 37.88, which means the current valuation is very expensive for LTC.
LTC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of LTC to the average of the S&P500 Index (26.34), we can say LTC is valued slightly more expensively.
With a Price/Forward Earnings ratio of 17.85, LTC is valued on the expensive side.
LTC's Price/Forward Earnings ratio is rather cheap when compared to the industry. LTC is cheaper than 95.31% of the companies in the same industry.
LTC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.88 | ||
| Fwd PE | 17.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LTC is valued expensively inside the industry as 85.94% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.09 |
4.3 Compensation for Growth
The decent profitability rating of LTC may justify a higher PE ratio.
A cheap valuation may be justified as LTC's earnings are expected to decrease with -2.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.88%
EPS Next 3Y-2.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.44%, LTC is a good candidate for dividend investing.
LTC's Dividend Yield is a higher than the industry average which is at 6.59.
Compared to an average S&P500 Dividend Yield of 2.31, LTC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
5.2 History
The dividend of LTC decreases each year by -0.14%.
LTC has paid a dividend for at least 10 years, which is a reliable track record.
LTC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.14%
Div Incr Years0
Div Non Decr Years22
5.3 Sustainability
LTC pays out 318.68% of its income as dividend. This is not a sustainable payout ratio.
LTC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP318.68%
EPS Next 2Y-1.88%
EPS Next 3Y-2.52%
NYSE:LTC (12/9/2025, 2:58:15 PM)
35.23
+0.09 (+0.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners81.37%
Inst Owner Change5.63%
Ins Owners2.02%
Ins Owner Change1.3%
Market Cap1.68B
Revenue(TTM)231.14M
Net Income(TTM)33.22M
Analysts68.33
Price Target38.91 (10.45%)
Short Float %4.14%
Short Ratio4.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.44% |
Yearly Dividend2.27
Dividend Growth(5Y)-0.14%
DP318.68%
Div Incr Years0
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-139.19%
Min EPS beat(2)-242.37%
Max EPS beat(2)-36.01%
EPS beat(4)0
Avg EPS beat(4)-75.57%
Min EPS beat(4)-242.37%
Max EPS beat(4)-2.72%
EPS beat(8)3
Avg EPS beat(8)-29.31%
EPS beat(12)5
Avg EPS beat(12)-18.76%
EPS beat(16)6
Avg EPS beat(16)-1.52%
Revenue beat(2)2
Avg Revenue beat(2)78.78%
Min Revenue beat(2)71.75%
Max Revenue beat(2)85.81%
Revenue beat(4)4
Avg Revenue beat(4)56.47%
Min Revenue beat(4)25.77%
Max Revenue beat(4)85.81%
Revenue beat(8)7
Avg Revenue beat(8)31.69%
Revenue beat(12)11
Avg Revenue beat(12)26.66%
Revenue beat(16)15
Avg Revenue beat(16)28.87%
PT rev (1m)0%
PT rev (3m)1.26%
EPS NQ rev (1m)127.13%
EPS NQ rev (3m)128.02%
EPS NY rev (1m)18.3%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)4.16%
Revenue NQ rev (3m)-28.69%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)-36.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.88 | ||
| Fwd PE | 17.85 | ||
| P/S | 7.26 | ||
| P/FCF | N/A | ||
| P/OCF | 12.77 | ||
| P/B | 1.75 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 22.09 |
EPS(TTM)0.93
EY2.64%
EPS(NY)1.97
Fwd EY5.6%
FCF(TTM)-3.09
FCFYN/A
OCF(TTM)2.76
OCFY7.83%
SpS4.85
BVpS20.12
TBVpS19.98
PEG (NY)N/A
PEG (5Y)N/A
Graham Number20.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 3.47% | ||
| ROCE | 4.1% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.28% | ||
| OM | 35.3% | ||
| PM (TTM) | 14.37% | ||
| GM | 83.4% | ||
| FCFM | N/A |
ROA(3y)5.29%
ROA(5y)5.21%
ROE(3y)10.51%
ROE(5y)10.28%
ROIC(3y)5.29%
ROIC(5y)4.97%
ROICexc(3y)5.33%
ROICexc(5y)5%
ROICexgc(3y)5.34%
ROICexgc(5y)5.01%
ROCE(3y)6.69%
ROCE(5y)6.29%
ROICexgc growth 3Y12.51%
ROICexgc growth 5Y0.5%
ROICexc growth 3Y12.36%
ROICexc growth 5Y0.41%
OM growth 3Y7.44%
OM growth 5Y1.11%
PM growth 3Y6.47%
PM growth 5Y-0.08%
GM growth 3Y1.37%
GM growth 5Y0.63%
F-Score3
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.02 | ||
| Cap/Depr | 771.36% | ||
| Cap/Sales | 120.54% | ||
| Interest Coverage | 2.6 | ||
| Cash Conversion | 111.58% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 1.04 |
F-Score3
WACC7.25%
ROIC/WACC0.45
Cap/Depr(3y)114.57%
Cap/Depr(5y)91.06%
Cap/Sales(3y)22.84%
Cap/Sales(5y)19.19%
Profit Quality(3y)75.06%
Profit Quality(5y)92.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-60.09%
EPS 3Y13.29%
EPS 5Y-0.48%
EPS Q2Q%-166.67%
EPS Next Y-7.18%
EPS Next 2Y-1.88%
EPS Next 3Y-2.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.7%
Revenue growth 3Y10.55%
Revenue growth 5Y2.52%
Sales Q2Q%11.66%
Revenue Next Year-26.03%
Revenue Next 2Y-4.81%
Revenue Next 3Y-3.86%
Revenue Next 5YN/A
EBIT growth 1Y-48.86%
EBIT growth 3Y18.78%
EBIT growth 5Y3.65%
EBIT Next Year77.85%
EBIT Next 3Y26.99%
EBIT Next 5Y21.85%
FCF growth 1Y-351.76%
FCF growth 3Y9.4%
FCF growth 5Y22.26%
OCF growth 1Y17.57%
OCF growth 3Y11.13%
OCF growth 5Y0.43%
LTC PROPERTIES INC / LTC FAQ
Can you provide the ChartMill fundamental rating for LTC PROPERTIES INC?
ChartMill assigns a fundamental rating of 4 / 10 to LTC.
Can you provide the valuation status for LTC PROPERTIES INC?
ChartMill assigns a valuation rating of 2 / 10 to LTC PROPERTIES INC (LTC). This can be considered as Overvalued.
What is the profitability of LTC stock?
LTC PROPERTIES INC (LTC) has a profitability rating of 6 / 10.
What is the expected EPS growth for LTC PROPERTIES INC (LTC) stock?
The Earnings per Share (EPS) of LTC PROPERTIES INC (LTC) is expected to decline by -7.18% in the next year.
How sustainable is the dividend of LTC PROPERTIES INC (LTC) stock?
The dividend rating of LTC PROPERTIES INC (LTC) is 6 / 10 and the dividend payout ratio is 318.68%.