--- title: Universal Health Services (UHS) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/uhs ticker: UHS as_of: 2026-10-17 sector: Healthcare industry: Medical - Care Facilities --- # Universal Health Services (UHS) Universal Health Services (UHS) closed at $185.10 on Oct 16, 2026, undervalued by 57% vs its model value of $429.36 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $185.10 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $429.36 | | Price vs model | undervalued by 57% vs model | | Range of that model | $244.92 – $1,273.69 | | Market value | $10.9B | | P/E (fiscal 2025) | 8.0 | | Net margin (fiscal 2025) | 8.6% | | Free cash flow (fiscal 2025) | $849.2M | | Dividend yield (trailing twelve months) | 0.43% | | Beta | 1.03 | | Cost of capital (WACC) | 7.67% | | Business classification | Mature & Stable (Moderate growth (~10% recent), Moderate margins (9% net margin), Highly cyclical earnings, Strong FCF yield (7.8%)) | ## On the stock lists | List | Place | Figure | Page | | --- | ---: | ---: | --- | | Lowest P/E | #9 | 8.0× | https://sweetvaluelab.com/lists/lowest-pe | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 0.43% | | Dividends per share, last 12 months | $0.80 | | Dividends / free cash flow (fiscal 2025) | 6.0% | | Raised | — | | Growth over 5 years | 0.0% a year | | Latest payment | $0.20, ex-date Sep 1, 2026, paid Sep 15, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Aug 31, 2021 | $0.80 | | To Aug 31, 2022 | $0.80 | | To Aug 31, 2023 | $0.80 | | To Sep 3, 2024 | $0.80 | | To Sep 2, 2025 | $0.80 | | Trailing twelve months (to Sep 1, 2026) | $0.80 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $429.36 | $244.92 | $1,273.69 | | DCF · Perpetuity growth · 10y | cross check | $452.73 | $268.43 | $1,283.71 | | DCF · EBITDA exit · 5y | cross check | $272.46 | $99.89 | $477.85 | | DCF · EBITDA exit · 10y | cross check | $318.46 | $156.11 | $541.47 | | P/E · peers | cross check | $278.70 | $212.43 | $536.47 | | P/E · own history | cross check | $269.25 | $227.56 | $357.11 | | PEG | sanity check | $180.45 | $180.45 | $180.45 | | EV/EBITDA · peers | cross check | $179.00 | $163.94 | $527.27 | | EV/Revenue · peers | cross check | $61.76 | $0.00 | $584.34 | | Earnings power value | cross check | $179.18 | $138.15 | $240.16 | | Dividend discount | cross check | $21.50 | $14.88 | $31.97 | ## Insider activity (SEC Form 4) No open-market insider buys or sales filed in the past 90 days. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | May 27, 2026 | MILLER ALAN B | Executive Chairman | Other | 13,963 | $0 | | May 27, 2026 | MILLER ALAN B | Executive Chairman | Other | 13,963 | $0 | | May 27, 2026 | MILLER ALAN B | Executive Chairman | Other | 9,418 | $0 | | May 27, 2026 | MILLER ALAN B | Executive Chairman | Other | 9,418 | $0 | | May 27, 2026 | MILLER ALAN B | Executive Chairman | Other | 9,418 | $0 | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Aug 21, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/352915/000119312526359953/d329184d8k.htm | | Aug 18, 2026 | S-8 | Employee stock plan registration | https://www.sec.gov/Archives/edgar/data/352915/000119312526354785/d150373ds8.htm | | Aug 17, 2026 | 8-K | 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/352915/000119312526354078/uhs-20260817.htm | | Aug 13, 2026 | 8-K | 1.01 Entry into a Material Agreement; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/352915/000119312526348057/d177070d8k.htm | | Aug 13, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/352915/000119312526348053/d101514d424b5.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | First Eagle | 2026-06-30 | 4,554,670 | $677.2M | | Richard Pzena | 2026-06-30 | 1,969,327 | $292.8M | | Bridgewater | 2026-06-30 | 228,121 | $33.9M | 3 tracked managers in all. ## About Universal Health Services, Inc. (UHS), operating through its various divisions, is a healthcare entity that both owns and manages a network of acute care hospitals, along with outpatient and specialized behavioral health treatment centers. Its business operations are strategically bifurcated into two main segments: Acute Care Hospital Services and Behavioral Health Care Services. The hospitals under its management provide a comprehensive spectrum of medical provisions, encompassing general and specialty surgical interventions, internal medicine, obstetrics, urgent and emergency department services, diagnostic imaging (radiology), cancer therapy (oncology), advanced diagnostic procedures, cardiac care, pediatric medicine, pharmaceutical services, and mental health support. As of a reported date of February 24, 2022, the company's significant presence included the ownership or operation of… --- Source: https://sweetvaluelab.com/stocks/uhs (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.