TENET HEALTHCARE CORP (THC)
Services-General Medical & Surgical Hospitals, NEC
Latest Price
$254.78
TTM P/E
13.25
Normalized P/E
16.78
Div Yield
--
Book Value
55.46
P/B Ratio
4.59
Valuation metrics
adjust assumptions →EPS: $15.49
Book value / share: $46.46
Formula: √(22.5 × EPS × BVPS)
Graham Number
$127.25
50% downside
Norm. op. income: $2.5B (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$102.69
60% downside
Base FCF: $1.1B (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$97.12
62% downside
EPS: $15.49
Target P/E: 17×
Formula: EPS × P/E
P/E Fair Value
$263.33
+3% upside
Institutional Ownership
92.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 8.70M | $1.64B | 10.03% | +168.8K | 2026-03-31 |
| FMR LLC | 7.78M | $1.47B | 8.96% | +134.4K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 7.52M | $1.42B | 8.66% | +28.4K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.32M | $814.0M | 4.97% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.91M | $738.0M | 4.51% | -- | 2026-03-31 |
| Boston Partners | 3.83M | $723.0M | 4.42% | +192.8K | 2026-03-31 |
| STATE STREET CORP | 2.72M | $512.0M | 3.13% | +22.5K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 2.34M | $442.0M | 2.70% | +1.21M | 2026-03-31 |
| LONE PINE CAPITAL LLC | 2.26M | $426.0M | 2.60% | +471.4K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.93M | $364.0M | 2.22% | +206.9K | 2026-03-31 |