Stock fact sheet · data as of
Universal Health Realty Income Trust (UHT): fair value, margin of safety and Wheel Score
Real Estate · REIT - Healthcare Facilities · United States · High Yield Income
Is UHT undervalued?
At 37.68 (close of 16 Oct 2026), UHT trades 10% over the GLS average fair value of 34.24. 4 of the 9 models land above the price and 5 below. A negative margin of safety costs Value points in the Wheel Score (8 of 25 here) - the models see no discount, which does not make the business a poor one, only the price a full one.
There is a wide gap between GLS Growth (4.08) and 10 Cap (69.75). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files UHT under High Yield Income: a dividend yield above 4%.
Nine valuation models for UHT
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 | 57.39 | +52% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 18.05 | -52% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 25.53 | -32% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 7.14 | -81% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.08 | -89% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 69.75 | +85% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 66.72 | +77% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 44.00 | +17% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 15.47 | -59% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -28.24 | -175% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Universal Health Realty Income Trust 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 3.7/10 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 3.3%, ROE 11.6%, ROA 3.1% - with debt at 2.53 times equity and a free-cash-flow yield of 9.2%. Debt of 2.53 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 7.94% (payout ratio 215%) - a payout above 100% of earnings, which is not covered by profits. 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. Revenue comes mainly from Product And Service Other 100% (quarter Q1 FY2023).
Institutional ownership scores 8/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 3.3% |
|---|---|---|---|
| GLS Moat | 3.7 / 10 | ROE | 11.6% |
| Debt / equity | 2.53 | ROA | 3.1% |
| Free-cash-flow yield | 9.2% | Payout ratio | 215% |
| Institutions | 8 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 49: Weak
With a Wheel Score of 49 Universal Health Realty Income Trust sits in the Weak band. The parts - Value 8/25, Health 11/20, Moat 6/15, Premium 16/20, Stability 8/20 - show where: Value (8/25) scores lowest.
Implied volatility is 31% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (16 of 20 points). Chain open interest is thin - 378 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 147k shares a day on a market cap of $524M, with a beta of 0.85; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 8 / 25 | -10% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 6 / 15 | moat 3.7/10 | |
| Premium | 16 / 20 | implied volatility 31% | |
| Stability | 8 / 20 | 147k shares/day, $524M cap, beta 0.85 |
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
Universal Health Realty Income Trust reports earnings on 26 Oct 2026 (after the close) - 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 Universal Health Realty Income Trust 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 |
|---|---|---|---|---|---|
| XRN Chiron Real Estate Inc. | 31.29 | 41.84 | +25% | 73Good | $414M |
| NHP National Healthcare Properties, Inc. (NHP) | 15.05 | 6.31 | -138% | 35Weak | $666M |
| NHPBP National Healthcare Properties, Inc. | 25.44 | 18.34 | -39% | 23No options | $720M |
| CHCT Community Healthcare Trust Incorporated | 13.26 | 25.07 | +47% | 75Good | $380M |
| STRW Strawberry Fields REIT, Inc. | 13.03 | 61.39 | +79% | 39No options | $184M |
| DHC Diversified Healthcare Trust | 7.61 | 3.10 | -146% | 43Weak | $1.8B |
| DHCNI Diversified Healthcare Trust, 5.625% Senior Notes due 2042 | 17.24 | 3.10 | -457% | 20No options | $1.8B |
| MPT Medical Properties Trust, Inc. | 3.11 | 6.38 | +51% | 45Weak | $1.9B |
| 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 |
| SBRA Sabra Health Care REIT, Inc. | 19.17 | 18.28 | -5% | 65Good | $4.9B |
Screen the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about UHT
Is UHT undervalued right now?
No: at 37.68 the stock trades 10% above the GLS average fair value of 34.24 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of UHT and what does it mean?
UHT scores 49 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 UHT?
34.24 per share as of 16 Oct 2026 - the simple average of the 9 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 Universal Health Realty Income Trust report earnings next?
The next earnings report is due on 26 Oct 2026 (after the close), 10 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does UHT have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 378 open interest across all expiries and implied volatility of 31% 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.