Tenet Healthcare Corporation (THC) exhibits 45.0% gross margins and 27.6% return on invested capital within Health Care (Hospital/Nursing Management), balanced against a 6.3x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into 16.5% operating margin and 27.6% ROIC, outpacing sector cost of capital.
ROIC: 27.6% // GM: 45.0%YoY revenue trajectory of +3.1% paired with 11.61% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +3.1% // FCF YLD: 11.61%Altman Z-Score of 2.08 and Piotroski F-Score of 6/9 indicate low near-term refinancing stress.
ALTMAN Z: 2.08 // F-SCORE: 6/9Trading at 9.2x trailing P/E (8.6x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 9.2x // EV/EBITDA: 6.3xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $273.25 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Hospital/Nursing Management require continuous execution to defend 11.1% net margins.
NET MARGIN: 11.1% // D/E: 2.06x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for THC & activate live FRED threshold breach alerts.