Stock fact sheet · data as of
Medical Properties Trust, Inc. (MPT): fair value, margin of safety and Wheel Score
Real Estate · REIT - Healthcare Facilities · United States · Speculative / Distressed
Is MPT undervalued?
Medical Properties Trust, Inc. (MPT) closed at 3.11 on 16 Oct 2026. The GLS average fair value - the simple average of the 2 valuation models that produced a positive number - is 6.38, which puts the price 51% below it. 2 of the 2 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The average is built from just 2 models (10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files MPT under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for MPT
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 7.47 | +140% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 5.30 | +70% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -14.36 | -562% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 3.80 | +22% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Medical Properties Trust, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 1.5/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -1.9%, ROE -6.0%, ROA -1.8% - with debt at 2.13 times equity and a free-cash-flow yield of 12.2%. Debt of 2.13 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 11.58% (payout ratio -684%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -1.9% |
|---|---|---|---|
| GLS Moat | 1.5 / 10 | ROE | -6.0% |
| Debt / equity | 2.13 | ROA | -1.8% |
| Free-cash-flow yield | 12.2% | Payout ratio | -684% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 Medical Properties Trust, Inc. sits in the Weak band, capped at 45 because the engine files it as Speculative / Distressed. The parts - Value 25/25, Health 11/20, Moat 2/15, Premium 20/20, Stability 16/20 - show where: Moat (2/15) scores lowest.
Implied volatility is 53% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 680,856 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 12.5M shares a day on a market cap of $1.9B, with a beta of 1.49 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 51% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 2 / 15 | moat 1.5/10 | |
| Premium | 20 / 20 | implied volatility 53% | |
| Stability | 16 / 20 | 12.5M shares/day, $1.9B cap, beta 1.49 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Medical Properties Trust, Inc. reports earnings on 29 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in REIT - Healthcare Facilities
The 12 companies below are the closest to Medical Properties Trust, Inc. by market cap within the REIT - Healthcare Facilities industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| DHCNI Diversified Healthcare Trust, 5.625% Senior Notes due 2042 | 17.24 | 3.10 | -457% | 20No options | $1.8B |
| DHC Diversified Healthcare Trust | 7.61 | 3.10 | -146% | 43Weak | $1.8B |
| DHCNL Diversified Healthcare Trust | 18.23 | 3.10 | -489% | 14No options | $1.9B |
| LTC LTC Properties, Inc. | 43.34 | 41.21 | -5% | 56Fair | $2.3B |
| NHI National Health Investors, Inc. | 65.67 | 76.34 | +14% | 63Fair | $3.2B |
| NHPBP National Healthcare Properties, Inc. | 25.44 | 18.34 | -39% | 23No options | $720M |
| SBRA Sabra Health Care REIT, Inc. | 19.17 | 18.28 | -5% | 65Good | $4.9B |
| NHP National Healthcare Properties, Inc. (NHP) | 15.05 | 6.31 | -138% | 35Weak | $666M |
| HR Healthcare Realty Trust Incorporated | 17.36 | 12.42 | -40% | 45Weak | $6.0B |
| UHT Universal Health Realty Income Trust | 37.68 | 34.24 | -10% | 49Weak | $524M |
| XRN Chiron Real Estate Inc. | 31.29 | 41.84 | +25% | 73Good | $414M |
| CTRE CareTrust REIT, Inc. | 36.59 | 43.78 | +16% | 80Prime | $8.6B |
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Start free See the Sunday ScanQuestions about MPT
Is MPT undervalued right now?
By the GLS models, yes: at 3.11 the stock is 51% below the average fair value of 6.38 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of MPT and what does it mean?
MPT scores 45 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for MPT?
6.38 per share as of 16 Oct 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Medical Properties Trust, Inc. report earnings next?
The next earnings report is due on 29 Oct 2026 (before the open), 13 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does MPT have listed options, and how liquid are they?
Yes. The nightly snapshot found 492 listed contracts with 680,856 open interest across all expiries and implied volatility of 53% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.