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STOCK COMPARISON

Ventas vs Welltower: Fair Value & Quality

Both stocks run through our valuation models. Here is how Ventas (VTR) and Welltower (WELL) compare, as of Nov 6, 2026.

As of Nov 6, 2026, Fair Value Calculator sees Ventas as the less overvalued of the two: Ventas trades at $88.75 versus a fair value of $33.27 (−62.5%), while Welltower trades at $245 versus $74.12 (−69.7%).
Ventas
VTR · USD · Real Estate
−62.5%
upside to fair value
overvalued
Price$88.75
Fair Value$33.27
Quality43/100
Fair ValueQualityUptrend
Welltower
WELL · USD · Real Estate
−69.7%
upside to fair value
overvalued
Price$245
Fair Value$74.12
Quality42/100
Fair ValueQualityUptrend
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

VentasWelltower
Valuation
170.7×P/E (TTM)108.4×
196.7×P/E ex one-offs (FY2025)176.3×
48.6×Median P/E at FY-end (ex one-offs where documented)62.8×
6.48×P/S (TTM)14.06×
3.49×P/B4.26×
22.9×EV/EBITDA57.9×
4.77×PEG3.62×
−62.5%Fair value upside−69.7%
2.3%Dividend yield1.3%
$2.04Dividend per share$3.07
Profitability
12.3%Operating margin16.6%
0.91×EBIT margin trend (5Y)0.21×
1.9%Return on equity3.8%
0.9%Return on assets1.4%
Growth
21.5%Revenue growth (YoY)39.1%
12.2%Avg. growth/yr (3Y)22.7%
9.0%Avg. growth/yr (5Y)18.4%
−11.4%Value creation/yr−7.5%
Balance & size
1.4×Interest coverage (EBIT/interest)0.5×
1.04×Debt / equity0.46×
$44BMarket cap$179B
mixedGrowth qualitymixed
The P/E excluding one-off items is scored: for at least one of the two companies, special items (write-downs, restructuring, litigation) move the reported P/E by 15 % or more. The trailing P/E is shown for reference.
Ventas, median P/E at fiscal year-end, 8 fiscal years (2016 to 2025), earnings ex one-offs: 48.6. Welltower, median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 62.8.

Welltower leads: 7 to 8 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Ventas Welltower
ProfitabilityHow much profit the company makes from its sales and capital
15
21
Quality GrowthAre margins and returns getting better?
47
51
CashflowDo the profits arrive as real cash?
90
98
Financial strengthDebt, balance sheet and risk of trouble
33
50
InvestmentDoes it invest with discipline instead of growing at any price?
73
33
Low VolatilityHow calm the share price moves, does not count
82
81
Price momentumPrice momentum of the last 3 to 12 months, does not count
45
57
Near the 52-week highDistance to the 52-week high, does not count
58
81
New sharesBuys back shares or issues new ones?
14
1

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyVentasPrice $88.75WelltowerPrice $245
DCF Models−35.0%below the price$57.73−69.7%below the price$74.12
Dividend Discount−65.8%below the price$30.38−80.2%below the price$48.57
Multiples−69.5%below the price$27.09−85.2%below the price$36.15
Asset-Based−83.6%below the price$14.53−85.1%below the price$36.53
Growth DCF−57.4%below the price$37.80−70.8%below the price$71.65
Economic Profit−81.5%below the price$16.46−83.2%below the price$41.06
Matching families6 of 6
Minimum−83.6%below the price$14.53−85.2%below the price$36.15
Maximum−35.0%below the price$57.73−69.7%below the price$74.12
Median−67.6%below the price$28.73−81.7%below the price$44.81
Geometric mean−69.1%below the price$27.47−80.0%below the price$49.08
Ahead family by family6 of 60 of 6

Minimum, maximum, median and geometric mean only use the families both stocks have (matching families: 6 of 6), so a family without a value on one side does not distort the comparison. Ahead in a family is the stock whose fair value there sits higher relative to its price. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Family by family: Ventas is ahead in 6 of 6 shared families, Welltower in none.

Ventas: 15 of 15 models see the stock below the current price.

Welltower: 14 of 14 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Ventas
Price $88.75
Fair Value $33.27
Bear $16.42Bull $55.04
Welltower
Price $245
Fair Value $74.12
Bear $41.16Bull $131

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Ventas · Real Estate

Quality score43 · bottom 25%
Fair value upside−62.5% · bottom 25%

Welltower · Real Estate

Quality score42 · bottom 25%
Fair value upside−69.7% · bottom 25%

Bottom line

As of Nov 6, 2026, Fair Value Calculator sees Ventas as the less overvalued of the two: Ventas trades at $88.75 versus a fair value of $33.27 (−62.5%), while Welltower trades at $245 versus $74.12 (−69.7%).

Ventas has the higher quality score (43/100).

Open Ventas live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.