Sector: [[Sectors/{{gics_sector}}]] | [[ValueChains/{{value_chain}}]]
{{company}} (AHR) 분석 리포트
📋 투자 논리
- 추천: watch
- 핵심 근거:
- 사업 개요: American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and other healthcare-related properties. The company utilizes a fully integrated management platform and operates senior housing under the RIDEA structure. In addition to owning and operating properties, it has originated and acquired secured loans and may pursue other real estate-related investments opportunistically. The REIT seeks income-generating assets and selectively develops healthcare properties. It has elected to be taxed as a REIT under the U.S. Internal Revenue Code and intends to maintain
- 매출: 2,260,123,000 (기간: 2025-12-31)
- 영업이익: 168,866,000 (기간: 2025-12-31)
- 순이익: 69,806,000 (기간: 2025-12-31)
- 시장: 현재가 $49.23 / 시가총액 $9B / PE(TTM) 117.21 / PB 2.76
📊 팩트 데이터
재무 요약
- 매출(Total Revenue): 2,260,123,000 (기간: 2025-12-31)
- 영업이익(Operating Income): 168,866,000
- 순이익(Net Income): 69,806,000
- FCF: 165,879,000
- PER(TTM): 117.21
- Forward PE: 50.41
- PBR: 2.76
- PS: 4.18
- EV/EBITDA: 28.07
최근 이벤트
📄 공시/원문 데이터
🇺🇸 SEC (US)
최근 제출 서류
8-K 이벤트
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🎯 가치 평가
- 현재가: $49.23
- 시가총액: $9B
- 52주 범위: $29.01 ~ $54.67
- 멀티플: PER(TTM) 117.21 / Forward PE 50.41 / PS 4.18 / PB 2.76 / EV/EBITDA 28.07
🚨 리스크
🔮 Bull/Bear 시나리오
Bull Case (최적)
- 가정: 점유율/환자 믹스 개선으로 성장 지속 + 인건비 압력 둔화 + M&A/시설 확장이 수익성으로 연결
- 관찰 지표: 분기 성장률, 동일점포/점유율, 인건비/마진, 메디케어/메디케이드 정책
- 확률: 30%
Base Case (중립)
- 가정: 수요는 견조하나 비용 상승·규제가 상쇄, 성장률은 완만
- 관찰 지표: 성장 1자리 중후반 유지, 마진 안정
- 확률: 50%
Bear Case (최악)
- 가정: 보상률/정책 변경 + 인력난/임금 상승 + 규제 강화로 마진/운영 리스크 확대
- 관찰 지표: 마진 하락, 인건비 급등, 규제/제재 뉴스
- 확률: 20%
🛠️ 기술 프로파일
🧭 비즈니스 & 해자
- 사업 설명: American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and other healthcare-related properties. The company utilizes a fully integrated management platform and operates senior housing under the RIDEA structure. In addition to owning and operating properties, it has originated and acquired secured loans and may pursue other real estate-related investments opportunistically. The REIT seeks income-generating assets and selectively develops healthcare properties. It has elected to be taxed as a REIT under the U.S. Internal Revenue Code and intends to maintain
- 섹터: Real Estate
- 산업: REIT - Healthcare Facilities
⚔️ 경쟁 구도
- 섹터: Real Estate / 산업: REIT - Healthcare Facilities
- 사업 요약에서 경쟁 환경 참조: American Healthcare REIT, Inc., a Maryland-based self-managed REIT, owns and operates a diversified portfolio of clinical healthcare real estate across the U.S., U.K., and the Isle of Man. Its focus includes senior housing, skilled nursing facilities (SNFs), outpatient medical (OM) buildings, and ot
📈 촉매 (6~18개월)
🌍 매크로 임팩트
📈 차트 분석
- 기술적 신호: RSI14=N/A, SMA20=N/A, SMA50=N/A, SMA200=N/A
- 주요 저항/지지(최근60거래일 종가 기준): 지지 N/A / 저항 N/A
📝 관리 노트
변경 이력
- 2026-04-12: Initial analysis
포지션 로그
🔗 관련 자료
관련 기술 분석
TABLE 기술명 AS 기술, TRL_수준 AS TRL, 카테고리 AS 카테고리
FROM "Research_DB/Technology"
WHERE contains(관련_기업, this.file.link) OR contains(관련_기업, this.company)
SORT TRL_수준 DESC
동일 섹터 기업 비교
TABLE company AS 회사, ticker AS 티커, rating AS 추천, watch_status AS 상태
FROM "Research_DB/개별종목/미국"
WHERE sector_en = this.sector_en AND file.name != this.file.name
SORT rating ASC
LIMIT 5
📚 출처
- 데이터: Yahoo Finance / SEC EDGAR
- 어닝콜:
- 리서치:
Snapshot
<!-- AUTO:SNAPSHOT -->
| Item | Value |
|---|
| 현재가 | - |
| 시가총액 | - |
| PER | - |
| PBR | - |
| 매출 (TTM) | - |
| 영업이익 | - |
| FCF Yield | - |
<!-- /AUTO:SNAPSHOT -->
Research
- Deep research automation output (latest run).
차트 생성 실패: 의존성 없음 (matplotlib)
SEC
Catalyst