Fundamental analysis CTRE (CareTrust REIT Inc)

Updated on 06/08/2026

Method and analysis by Lubin Danilo, founder of Lubin Investment. Score computed automatically, with no human opinion.

We analyzed CareTrust REIT stock against the 10 quality criteria of Lubin Investment. The company gets a quality score of 7/10, meaning medium quality, and a P/FCF valuation multiple of 24.2×.

CareTrust REIT is a quality company by our criteria, but the price does not follow: the free cash flow multiple stays high. A great company bought too expensively is still a poor investment, so this is typically one to watch while waiting for a better entry point.

Sector: REIT - Healthcare Facilities. Listing: US. Current price: 41.22 USD.

Lubin scoring methodology

CareTrust REIT Inc (CTRE)'s score is calculated automatically from 10 objective financial criteria, with no human intervention or opinion. Each criterion is validated (YES / PARTIAL / NO) based on thresholds drawn from the financial literature (Warren Buffett, Michael Mauboussin, Aswath Damodaran). The final score is the sum of validations.

The thresholds come from the financial literature, not from our preferences: see the valuation work of Aswath Damodaran (NYU Stern) and the SEC investor education resources (investor.gov).

CareTrust REIT's accounts are public: you can check every figure in its official 10-K filings with the SEC (EDGAR).

The 10 quantitative criteria analyzed

1. Profitable: net margin > 5%
2. Growing revenue: revenue growing > 10%/year over 5 years
3. Growing earnings per share: FCF per share adjusted for stock-based compensation, > 10%/year over 5 years
4. Share count under control: stable or declining (net buybacks = value creation for shareholders)
5. Growing revenue per employee: revenue and revenue per employee both grow ≥ 10%/year over 5 years; partial when only one growth driver reaches its tier (fallback: free cash flow margin > 10% when employee history is unavailable)
6. Expanding margins: operating margin widens over 5 years (operating leverage)
7. Return on invested capital: Cash ROCE > 15% per year
8. Debt under control: net debt repayable in less than 3 years of free cash flow
9. Earnings converted to cash: free cash flow exceeds accounting net income
10. Net collection period: short or negative cash conversion cycle

Its price against peers

Against the 5 other REIT Healthcare Facilities stocks we have scored, CareTrust REIT trades at 24.2× its free cash flow, versus a median of 20.4× for that basket. On price alone, CareTrust REIT is therefore more expensive than its peers. That says nothing about its quality: at Lubin Investment, quality and price are judged separately, and a low multiple is only a bargain if the quality holds up.

Frequently asked questions

Is CareTrust REIT a quality stock?

CareTrust REIT gets a quality score of 7/10 (medium quality), calculated over the 10 Lubin Investment criteria: profitability, revenue and free cash flow growth, share buybacks, margins, debt and return on capital.

How is CareTrust REIT's score calculated?

The score is the total of validated criteria (YES / PARTIAL / NO) using thresholds drawn from the financial literature (Warren Buffett, Mauboussin, Aswath Damodaran), automatically and with no human opinion.

What is CareTrust REIT's P/FCF?

The price-to-free-cash-flow (P/FCF) multiple of CareTrust REIT stock is 24.2×. At Lubin Investment, valuation is judged separately from quality.

Where to see CareTrust REIT's full analysis?

The full interactive analysis (10-criteria detail, history, P/FCF valuation, sector comparisons) is available at https://lubin-investment.com/analyse/CTRE?lng=en.

Other stocks in the REIT Healthcare Facilities sector

• American Healthcare REIT (AHR), score 8/10, P/FCF 39.7×
• Adriano Care SOCIMI (YADR.MC), score 7/10, P/FCF 20.4×
• Ventas (VTR), score 7/10, P/FCF 34.6×
• Universal Health Realty Income Trust (UHT), score 7/10, P/FCF 11.1×

Go further

👉 See the full interactive analysis of CTRE

Other resources : All stocks in the REIT Healthcare Facilities sector.