Brookdale Senior Living Inc.

BKD

Services-Nursing & Personal Care Facilities

Mkt Cap

$1.293B

PE

-7.43

Debt

$3.823B

Cash

$395.7M

EV

$4.721B

FCF

-$90.17M

Market Cap

$1.293B

P/E Ratio

-7.43

Debt

$3.823B

Cash

$395.7M

EV

$4.721B

FCF

-$90.17M

Charts data: {"Earnings":[{"time":"2014-12-30","value":-149426000},{"time":"2015-12-30","value":-458155000},{"time":"2016-12-30","value":-404636000},{"time":"2017-12-30","value":-571606000},{"time":"2018-12-30","value":-528352000},{"time":"2019-12-30","value":-268492000},{"time":"2020-12-30","value":81945000},{"time":"2021-12-30","value":-99364000},{"time":"2022-12-30","value":-238427000},{"time":"2023-12-30","value":-189070000}],"Sales":[{"time":"2014-12-30","value":3831706000},{"time":"2015-12-30","value":4960608000},{"time":"2016-12-30","value":4976980000},{"time":"2017-12-30","value":4747116000},{"time":"2018-12-30","value":4531426000},{"time":"2019-12-30","value":4057088000},{"time":"2020-12-30","value":3540195000},{"time":"2021-12-30","value":2758259000},{"time":"2022-12-30","value":2825379000},{"time":"2023-12-30","value":3015829000}],"Net Margins":[{"time":"2014-12-30","value":-0.03899725083291881},{"time":"2015-12-30","value":-0.09235863829595081},{"time":"2016-12-30","value":-0.08130151216199381},{"time":"2017-12-30","value":-0.12041121388228136},{"time":"2018-12-30","value":-0.11659729189001432},{"time":"2019-12-30","value":-0.06617850044169611},{"time":"2020-12-30","value":0.023147030036481043},{"time":"2021-12-30","value":-0.03602417321941123},{"time":"2022-12-30","value":-0.08438761667018832},{"time":"2023-12-30","value":-0.06269254656016637}],"Assets":[{"time":"2014-12-30","value":10521363000},{"time":"2015-12-30","value":10048564000},{"time":"2016-12-30","value":9217687000},{"time":"2017-12-30","value":7675449000},{"time":"2018-12-30","value":6467260000},{"time":"2019-12-30","value":7194433000},{"time":"2020-12-30","value":6901758000},{"time":"2021-12-30","value":6410467000},{"time":"2022-12-30","value":5937062000},{"time":"2023-12-30","value":5573435000}],"Stockholders Equity":[{"time":"2014-12-30","value":2882241000},{"time":"2015-12-30","value":2458888000},{"time":"2016-12-30","value":2077982000},{"time":"2017-12-30","value":1530728000},{"time":"2018-12-30","value":1018903000},{"time":"2019-12-30","value":698725000},{"time":"2020-12-30","value":802729000},{"time":"2021-12-30","value":699623000},{"time":"2022-12-30","value":584153000},{"time":"2023-12-30","value":405153000}],"ROE":[{"time":"2014-12-30","value":-0.05184368690890179},{"time":"2015-12-30","value":-0.18632609537319308},{"time":"2016-12-30","value":-0.19472545960455864},{"time":"2017-12-30","value":-0.373421012746876},{"time":"2018-12-30","value":-0.5185498521449049},{"time":"2019-12-30","value":-0.3842599019642921},{"time":"2020-12-30","value":0.10208301930041147},{"time":"2021-12-30","value":-0.14202506206914295},{"time":"2022-12-30","value":-0.40815847902861063},{"time":"2023-12-30","value":-0.46666321118194853}],"ROA":[{"time":"2014-12-30","value":-0.008069771948748465},{"time":"2015-12-30","value":-0.016440757107184668},{"time":"2016-12-30","value":-0.003372104086415605},{"time":"2017-12-30","value":-0.03518295802629918},{"time":"2018-12-30","value":-0.08934355507587448},{"time":"2019-12-30","value":-0.006185060031832946},{"time":"2020-12-30","value":0.012648516508402641},{"time":"2021-12-30","value":-0.016773660951690417},{"time":"2022-12-30","value":-0.007189919862719978},{"time":"2023-12-30","value":0.003303528255016879}]}

Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company's residents. This segment also operates memory care communities for residents with Alzheimer's and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It also manages communities on behalf of others. Brookdale Senior Living Inc. was incorporated in 2005 and is headquartered in Brentwood, Tennessee.

Sector

HCSG

10-Q
9/30/23
10-Q
6/30/23
10-Q
3/31/23
10-K
12/31/22
10-Q
9/30/22
10-Q
6/30/22
10-Q
3/31/22
10-K
12/31/21
10-Q
9/30/21
10-Q
6/30/21
10-Q
3/31/21
10-K
12/31/20
10-Q
9/30/20
10-Q
6/30/20
10-Q
3/31/20
10-K
12/31/19
10-Q
9/30/19
10-Q
6/30/19
10-Q
3/31/19
10-K
12/31/18
10-Q
9/30/18
10-Q
6/30/18
10-Q
3/31/18
10-K
12/31/17

Chart P/E ratio

In the chart Earnings are multiplied by this value.

Earnings Growth -64%

Earnings Stability -89%

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

The Net Margin is too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Over time the ROA has been increasing indicating a higher marginal ROA with respect to the calculated one, giving a good sign for continued growth.

Years	12-2015	12-2016	12-2017	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Net Margin	-9.2%	-8.1%	-12%	-12%	-6.6%	2.3%	-3.6%	-8.4%	-6.3%	-5.7%
ROA	-1.6%	-0.34%	-3.5%	-8.9%	-0.62%	1.3%	-1.7%	-0.72%	0.33%	0.54%
ROE	-19%	-19%	-37%	-52%	-38%	10%	-14%	-41%	-47%	-46%

What is the average Net Margin?

The average Net Margin over the past 5 years is -5.71%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +0.44%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -1.73%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +1.23%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -30.29%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -0.16%.

Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Under the assumption that FCF does not diminish and debt does not increase, the current years to repay the debt are acceptable.

Data are missing

Years	12-2015	12-2016	12-2017	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Debt FCF	-53.57	195.12	37.60	-71.26	-44.42	-14.95	-14.39	-20.22	-53.61	-42.40
Debt Equity	2.59	3.01	3.75	4.74	5.57	4.96	5.58	6.70	9.30	10.18
MIN
Graham Stability	-	-	-	-	-	-	-	-	-	-

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -42.40.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is 4.61.

What is the Graham’s Stability?

Graham’s Stability measure stands at -.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Data are missing

Years	12-2016	12-2018	12-2020	12-2022	Trend
Revenue	-6.9%	-7.8%	-5.2%	6.7%	-2.1%
Net Income	-	-	-	-	-
Stockholders Equity	-21%	-17%	-20%	-31%	0.14%
FCF	-	-	-	-	-

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is -7.82%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -2.13%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is -18.58%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is -16.84%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +0.14%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +0.72%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -.