COMPARE · Data as of August 21, 2026

CON vs THC

Verdict: Side-by-side breakdown using the Bull Rankings model. CON scored 69.3, THC scored 49.5 — CON leads.
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CON
Concentra Group Holdings Parent, Inc.
Medical Care Facilities · Quality-Growth
69.3
$35.00 · $4.5B
fundamentals as of
Score gap
19.8
CON leads
THC
Tenet Healthcare Corporation
Medical Care Facilities · Quality-Growth
49.5
$280.77 · $22.6B
fundamentals as of
  • CheapestTHC10.9x
  • Fastest growthCON+14.0%
  • Strongest balance sheetTHC1.52
  • Highest qualityTHC84 / 100
  • Largest discount to fair valueCON-35%
THE BULL RANKINGS SCORECARD69.3/ 100 · BULL SCOREPEER MEDIANQUALITY74.0GROWTH82.2VALUE54.6
THE BULL RANKINGS SCORECARD49.5/ 100 · BULL SCOREPEER MEDIANQUALITY84.1GROWTH34.7VALUE41.7
CONTHCQuality74.084.1Growth82.234.7Value54.641.7
cheap & fastrevenue growth →← cheaper (lower multiple)-5%24%5.9x28xCONTHC

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFCON$267mTHC$3.0b
RevCON+14.0%THC+5.4%
D/ECON4.23THC1.52
P/ECON22.6xTHC10.9x
PEGCON1.94THC1.96
CON
stronger →← stronger
THC
74
Qualityreturns · margins · balance sheet
84
82
Growthrevenue & earnings expansion
35
55
Valuevaluation vs sector peers
42
CON is stronger on 2 of 3 pillars.
CON
THC
$267mC
FCF
$3.0bB
+14.0%B+
Rev
+5.4%C+
4.23D
D/E
1.52C
22.6xB+
P/E
10.9xA
1.94C+
PEG
1.96C+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
CON
THC
35% below
Price vs fair valuelower is cheaper
33% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-9%/yr
+37%
1-yr DCF upside
+59%
+53%
5-yr DCF upside
+50%
+81%
10-yr DCF upside
+38%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
CON
Why this score
  • Durable high returns
  • Short track record
THC
Why this score
  • Buying back stock
  • Durable high returns
CONConcentra Group Holdings Parent, Inc.
Medical Care Facilities · $35.00 · beta 0.62
Why now
Medical Care Facilities · market cap $4.5b. Trading near 52-week high of $35.90 — momentum setup, limited technical margin of safety. Revenue growing +14%, comfortably above the S&P median. 8 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $39.88 (implying +14% upside).
Moat
ROE 42% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 135% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 4.23 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trading within 3% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction.
THCTenet Healthcare Corporation
Medical Care Facilities · $280.77 · beta 1.23
Why now
Medical Care Facilities · market cap $22.6b. Trading near 52-week high of $280.89 — momentum setup, limited technical margin of safety. 21 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $282.48 (implying +1% upside).
Moat
Net margin 15% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 68% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 95% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trading within 0% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where CON and THC diverge

On the headline score the gap is 19.8 points in favor of CON. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.