Medical Properties Trust, Inc. (MPT) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Medical Properties Trust, Inc. stock $3.87, price $1.81, upside +113.8%, quality 48 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range $1.81 – $15.88 · fair‑value band $1.80 – $14.69 · the $1.81 price screens below the $3.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
Follow Medical Properties Trust in your weekly email
Every Wednesday you see whether Medical Properties Trust is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Medical Properties Trust, Inc. is a self-advised real estate investment trust to acquire and develop net-leased hospital facilities.
Show moreShow less
From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 388 facilities and approximately 39,000 licensed beds in nine countries and across three continents as of September 30, 2025.
MPT's financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations. Medical Properties Trust, Inc. was incorporated in 2003.
Stock analysis
Medical Properties Trust, Inc. (MPT) currently trades at $1.81, while our model-based Fair Value estimate is $3.87, implying the stock looks roughly 53% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of $5.96 per share, and 7 of the 10 models we run sit above the $1.81 price.
Bear case: the Growth DCF group reads lowest at $2.09, and 3 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $1.80 (bear) to $14.69 (bull), the price of $1.81 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Medical Properties Trust, Inc. reported revenue of $972M in FY2025 versus $1.5B in FY2021, a compound −10.9%/yr. Reported net income was −$277M in FY2025.
Key figures
Market cap $1.1B Small · P/E ratio 4.3 · P/S ratio 0.99 · EPS (TTM) $0.4200 · Net margin 22.9% · Return on equity 5.4% · Return on assets (EBIT) 3.4% (5-year average) · Operating margin 56.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (medium confidence).
What moves the price
The share trades about 68% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −19% fair-value upside, at 114%, MPT screens cheaper than that median.
Fair Value models
Bear$1.80Fair Value $3.87Bull$14.69
Price $1.81 · Upside +113.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.0515 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $9,545, on Aug 20, 2026.
BuyJames Kevin HannaSenior VP, Controller & CAO2,300 shares at $4.15$9,545Aug 20, 2026
SaleRosa Handley HooperSVP of Operations2,000 shares at $5.00$10,000Dec 15, 2025
SaleMichael G StewartDirector59,000 shares at $5.02$296,180Nov 19, 2025
Plus 12 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.28/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−2.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−14.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.9%
Start year 2020 (pandemic). Over 10 years: +8.2% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+23.8%
’13
’14
’15
’16
’17
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
86.2% (2019) → 55.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+33.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +30.7% a year for the price and +1.8% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (90 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Recent refinancing and asset sales support cash rent targets, yet the main weakness remains negative earnings, high leverage and tenant collection problems with no durable advantages.
Main risk: Ongoing rent delays from the struggling tenant would hit cash flows and the target of over one billion dollars in annual rents.
Medical Properties Trust has completed a large secured debt refinancing and asset sales that extended maturities and generated gains while keeping its target for over one billion dollars in annual cash rents next year. At the same time one tenant continues to struggle with billing and collections, delaying rent even after volumes improved and new management was brought in. Will these steps stabilize cash flows from the portfolio or require more changes to the tenant base?
Compare Medical Properties Trust, Inc. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Healthcare Facilities · 25 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Medical Properties Trust, Inc. Fair Value". https://www.fairvalue-calculator.com/stock/MPT
Frequently asked questions
Is Medical Properties Trust, Inc. (MPT) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of $3.87 versus a price of $1.81, about +114% upside (undervalued).
What is the fair value of MPT?
Our model-based fair value for Medical Properties Trust, Inc. is $3.87 (as of Nov 9, 2026), built from audited fundamentals. The current price: $1.81.
What is the quality score of MPT?
Medical Properties Trust, Inc. has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Medical Properties Trust, Inc. (MPT)?
Our model-based price target is the fair value of $3.87 (as of Nov 9, 2026) from 10 valuation models. Cautious scenario $1.80, optimistic scenario $14.69. It is a calculation from audited fundamentals, not an analyst target.
What is the Medical Properties Trust, Inc. stock forecast for 2026?
Our models put fair value at $3.87, about +114% upside versus a price of $1.81 (undervalued). Cautious scenario $1.80, optimistic scenario $14.69. The calculation is refreshed regularly with new filings.
What is the revenue of Medical Properties Trust, Inc. (MPT)?
Medical Properties Trust, Inc. reported trailing-twelve-month revenue of about $1.1B (latest available figure, as of Nov 9, 2026).
What growth is priced into Medical Properties Trust, Inc. (MPT)?
For today's price to be fair in a discounted-cash-flow model, Medical Properties Trust, Inc. would have to grow free cash flow by +33.8 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -4.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of MPT use?
Our models discount Medical Properties Trust, Inc. at 12.6 %: a base by market capitalisation (small), damped by beta 1.49, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Medical Properties Trust, Inc. that is +33.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Medical Properties Trust, Inc. (MPT) delivered so far?
Over the past 5 years revenue at Medical Properties Trust, Inc. grew -4.9 % a year. The price currently implies free-cash-flow growth of +33.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Medical Properties Trust, Inc. (MPT) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Medical Properties Trust, Inc. (+33.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Medical Properties Trust, Inc. (MPT)?
The free-cash-flow yield on the price is 21.32 %: that much free cash flow Medical Properties Trust, Inc. produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Medical Properties Trust, Inc. (MPT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Medical Properties Trust, Inc. it is $3.87 per share (as of Nov 9, 2026), against a price of $1.81. It is the blended result of 10 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Medical Properties Trust, Inc. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, MPT trades below its calculated fair value: price $1.81, fair value $3.87, a gap of about +114% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MPT?
No. The price is what the market pays today ($1.81); the fair value is what the company's own numbers justify ($3.87). For Medical Properties Trust, Inc. the two are $2.06 per share apart. That gap is exactly why we show both numbers side by side.
How much is Medical Properties Trust, Inc. worth?
The market values Medical Properties Trust, Inc. at about $1.1B (market capitalisation, as of Nov 9, 2026). Per share that is $1.81; our models calculate a fair value of $3.87 per share.
What do the bullish and bearish scenarios say about MPT?
Our models span a range for Medical Properties Trust, Inc.: cautious scenario $1.80, base $3.87, optimistic $14.69 per share (as of Nov 9, 2026, price $1.81). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MPT?
Medical Properties Trust, Inc. trades at a price-to-earnings ratio of 4.3 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $3.87 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2015 to 2022), reported earnings: 18.0. Other multiples: PEG 1.6, P/B 0.2, P/S 1.0, EV/EBITDA 10.9.
What is the PEG ratio of MPT?
The PEG ratio of Medical Properties Trust, Inc. is 1.61 (P/E divided by earnings growth, as of Nov 9, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Medical Properties Trust, Inc. (MPT)?
Balance-sheet figures for Medical Properties Trust, Inc. (as of Nov 9, 2026): return on equity 5.4%, debt of 2.11 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is MPT from its 52-week high?
Medical Properties Trust, Inc. trades at $1.81, about 68% below its 52-week high of $5.66 and at the low of $1.81 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $3.87 is for.
Which stocks are comparable to Medical Properties Trust, Inc.?
From the same area (Real Estate) we also value Welltower Inc, Ventas, Inc, Omega Healthcare Investors, Inc, Healthpeak Properties, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Medical Properties Trust, Inc. stock attractive at the current price?
The data as of Nov 9, 2026: price $1.81, calculated fair value $3.87 (+114%), Quality Score 48/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MPT calculated?
We run Medical Properties Trust, Inc. through 10 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of $3.87 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Medical Properties Trust, Inc. currently trades 53% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Medical Properties Trust, Inc. (MPT)?
The closing price on Nov 6, 2026 was $1.81. Our model-based fair value is $3.87, about +114% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Medical Properties Trust, Inc. right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide ($1.80 to $14.69). The outcome hinges heavily on assumptions, so read the point estimate with caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Medical Properties Trust, Inc.
How large is the market capitalisation of Medical Properties Trust, Inc. (MPT)?
The market capitalisation of Medical Properties Trust, Inc. is $1.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Medical Properties Trust, Inc. (MPT)?
The price-to-sales ratio of Medical Properties Trust, Inc. is 0.99 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Medical Properties Trust, Inc. (MPT)?
Earnings per share at Medical Properties Trust, Inc. are $0.4200 (price ÷ EPS = P/E 4.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Medical Properties Trust, Inc. (MPT)?
The net margin of Medical Properties Trust, Inc. is 22.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Medical Properties Trust, Inc. (MPT)?
The return on equity (ROE) of Medical Properties Trust, Inc. is 5.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Medical Properties Trust, Inc. (MPT)?
On an EBIT basis the return on assets of Medical Properties Trust, Inc. is 3.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Medical Properties Trust, Inc. (MPT)?
The operating margin of Medical Properties Trust, Inc. is 56.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Medical Properties Trust, Inc. (MPT)?
Revenue at Medical Properties Trust, Inc. is growing −5.4% versus a year earlier (3y avg −14.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Medical Properties Trust, Inc. (MPT) carry?
The net debt of Medical Properties Trust, Inc. is $9.3B (fiscal year 2025, ≈ 40.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Medical Properties Trust, Inc. in the live analysis
One click puts Medical Properties Trust, Inc. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 9, 2026