(SEM) Select Medical Holdings - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US81619Q1058

Stock: Hospitals, Rehabilitation, Clinics

Total Rating 25
Risk 73
Buy Signal 0.21

EPS (Earnings per Share)

EPS (Earnings per Share) of SEM over the last years for every Quarter: "2020-12": 0.57, "2021-03": 0.82, "2021-06": 1.22, "2021-09": 0.57, "2021-12": 0.37, "2022-03": 0.37, "2022-06": 0.43, "2022-09": 0.21, "2022-12": 0.22, "2023-03": 0.56, "2023-06": 0.61, "2023-09": 0.46, "2023-12": 0.36, "2024-03": 0.75, "2024-06": 0.6, "2024-09": 0.43, "2024-12": 0.18, "2025-03": 0.44, "2025-06": 0.6, "2025-09": 0.23, "2025-12": 0,

Revenue

Revenue of SEM over the last years for every Quarter: 2020-12: 1460.494, 2021-03: 1546.463, 2021-06: 1564.02, 2021-09: 1534.221, 2021-12: 1559.811, 2022-03: 1599.547, 2022-06: 1584.741, 2022-09: 1567.794, 2022-12: 1581.456, 2023-03: 1664.98, 2023-06: 1674.528, 2023-09: 1665.694, 2023-12: 1218.116, 2024-03: 1788.809, 2024-06: 1281.748, 2024-09: 1761.22, 2024-12: -122.587, 2025-03: 1353.172, 2025-06: 1339.579, 2025-09: 1363.445, 2025-12: null,

Dividends

Dividend Yield 1.73%
Yield on Cost 5y 1.84%
Yield CAGR 5y -9.46%
Payout Consistency 47.2%
Payout Ratio 19.8%
Risk 5d forecast
Volatility 34.5%
Relative Tail Risk -10.2%
Reward TTM
Sharpe Ratio -0.35
Alpha -34.13
Character TTM
Beta 0.756
Beta Downside 0.803
Drawdowns 3y
Max DD 45.06%
CAGR/Max DD 0.05

Description: SEM Select Medical Holdings January 16, 2026

Select Medical Holdings Corp. (NYSE: SEM) runs a network of critical-illness recovery hospitals, rehabilitation hospitals, and outpatient rehab clinics across the United States, organized into three segments: Critical Illness Recovery, Rehabilitation Hospital, and Outpatient Rehabilitation. The first segment treats patients with heart failure, respiratory failure, renal disease, neurological events and trauma; the second focuses on therapy for brain/spinal injuries, strokes, orthopedic and cancer-related conditions; the third delivers physical, occupational and speech services plus specialty programs such as hand therapy, pelvic health and post-concussion care.

In FY 2023 the company generated roughly $1.64 billion in revenue with an adjusted operating margin of about 7 %, and its critical-illness hospitals reported an average occupancy rate near 85 %. Growth is being driven by macro-level trends: an aging U.S. population increasing demand for post-acute care, expanding Medicare Advantage enrollment that favors bundled-payment models, and a sector-wide shift toward outpatient rehabilitation that improves cost efficiency and patient throughput.

For a deeper, data-rich perspective on SEM’s valuation dynamics, you might find ValueRay’s analyst toolkit worth exploring.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: 110.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.34 > 1.0
NWC/Revenue: 2.06% < 20% (prev 2.62%; Δ -0.56% < -1%)
CFO/TA 0.07 > 3% & CFO 407.6m > Net Income 110.0m
Net Debt (971.5m) to EBITDA (232.7m): 4.17 < 3
Current Ratio: 1.09 > 1.5 & < 3
Outstanding Shares: last quarter (123.5m) vs 12m ago -0.97% < -2%
Gross Margin: 8.24% > 18% (prev 0.13%; Δ 810.4% > 0.5%)
Asset Turnover: 57.47% > 50% (prev 75.60%; Δ -18.12% > 0%)
Interest Coverage Ratio: 1.12 > 6 (EBITDA TTM 232.7m / Interest Expense TTM 74.3m)

Altman Z'' 0.88

A: 0.01 (Total Current Assets 1.02b - Total Current Liabilities 939.6m) / Total Assets 5.69b
B: 0.15 (Retained Earnings 824.8m / Total Assets 5.69b)
C: 0.01 (EBIT TTM 82.9m / Avg Total Assets 6.84b)
D: 0.22 (Book Value of Equity 818.7m / Total Liabilities 3.67b)
Altman-Z'' Score: 0.88 = B

Beneish M -2.66

DSRI: 1.20 (Receivables 825.8m/1.06b, Revenue 3.93b/6.05b)
GMI: 1.61 (GM 8.24% / 13.22%)
AQI: 0.94 (AQ_t 0.50 / AQ_t-1 0.53)
SGI: 0.65 (Revenue 3.93b / 6.05b)
TATA: -0.05 (NI 110.0m - CFO 407.6m) / TA 5.69b)
Beneish M-Score: -2.66 (Cap -4..+1) = A

What is the price of SEM shares?

As of February 07, 2026, the stock is trading at USD 15.69 with a total of 753,277 shares traded.
Over the past week, the price has changed by +4.25%, over one month by +2.02%, over three months by +18.35% and over the past year by -18.28%.

Is SEM a buy, sell or hold?

Select Medical Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy SEM.
  • StrongBuy: 4
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SEM price?

Issuer Target Up/Down from current
Wallstreet Target Price 18.4 17.3%
Analysts Target Price 18.4 17.3%
ValueRay Target Price 15.7 -0.1%

SEM Fundamental Data Overview February 03, 2026

P/E Trailing = 18.3537
P/E Forward = 12.3457
P/S = 0.3476
P/B = 1.0994
P/EG = 1.37
Revenue TTM = 3.93b USD
EBIT TTM = 82.9m USD
EBITDA TTM = 232.7m USD
Long Term Debt = 1.74b USD (from longTermDebt, last quarter)
Short Term Debt = 213.0m USD (from shortTermDebt, last quarter)
Debt = 1.03b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 971.5m USD (from netDebt column, last quarter)
Enterprise Value = 2.84b USD (1.87b + Debt 1.03b - CCE 60.1m)
Interest Coverage Ratio = 1.12 (Ebit TTM 82.9m / Interest Expense TTM 74.3m)
EV/FCF = 16.31x (Enterprise Value 2.84b / FCF TTM 174.0m)
FCF Yield = 6.13% (FCF TTM 174.0m / Enterprise Value 2.84b)
FCF Margin = 4.42% (FCF TTM 174.0m / Revenue TTM 3.93b)
Net Margin = 2.80% (Net Income TTM 110.0m / Revenue TTM 3.93b)
Gross Margin = 8.24% ((Revenue TTM 3.93b - Cost of Revenue TTM 3.61b) / Revenue TTM)
Gross Margin QoQ = 10.81% (prev 11.60%)
Tobins Q-Ratio = 0.50 (Enterprise Value 2.84b / Total Assets 5.69b)
Interest Expense / Debt = 2.90% (Interest Expense 29.9m / Debt 1.03b)
Taxrate = 21.01% (11.7m / 55.9m)
NOPAT = 65.5m (EBIT 82.9m * (1 - 21.01%))
Current Ratio = 1.09 (Total Current Assets 1.02b / Total Current Liabilities 939.6m)
Debt / Equity = 0.61 (Debt 1.03b / totalStockholderEquity, last quarter 1.69b)
Debt / EBITDA = 4.17 (Net Debt 971.5m / EBITDA 232.7m)
Debt / FCF = 5.58 (Net Debt 971.5m / FCF TTM 174.0m)
Total Stockholder Equity = 1.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.61% (Net Income 110.0m / Total Assets 5.69b)
RoE = 6.51% (Net Income TTM 110.0m / Total Stockholder Equity 1.69b)
RoCE = 2.41% (EBIT 82.9m / Capital Employed (Equity 1.69b + L.T.Debt 1.74b))
RoIC = 1.88% (NOPAT 65.5m / Invested Capital 3.49b)
WACC = 6.42% (E(1.87b)/V(2.90b) * Re(8.70%) + D(1.03b)/V(2.90b) * Rd(2.90%) * (1-Tc(0.21)))
Discount Rate = 8.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.13%
[DCF Debug] Terminal Value 86.60% ; FCFF base≈245.4m ; Y1≈302.7m ; Y5≈515.6m
Fair Price DCF = 95.20 (EV 12.76b - Net Debt 971.5m = Equity 11.79b / Shares 123.8m; r=6.42% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -17.66 | EPS CAGR: -45.30% | SUE: -1.70 | # QB: 0
Revenue Correlation: -26.64 | Revenue CAGR: -3.52% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.44 | Chg30d=-0.002 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=1.31 | Chg30d=-0.007 | Revisions Net=-1 | Growth EPS=+6.4% | Growth Revenue=+4.3%

Additional Sources for SEM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle