PAIYY vs THC vs RDNT Stock Comparison

Aesthetic Medical International Holdings, Tenet Healthcare and RadNet Prices as of Oct 23, 2026 Peers: Industry group
THC Tenet Healthcare Corp
$268.86 +3.5% 1M +27.8% 1Y
Market cap
$21.96B
P/E
9.8x
Revenue (TTM)
$21.81B
Div. yield
–
Hospitals Healthcare
8 wins
RDNT RadNet, Inc.
$70.05 -1.0% 1M -16.0% 1Y
Market cap
$5.72B
P/E
–
Revenue (TTM)
$2.27B
Div. yield
–
Healthcare Services Healthcare
2 wins

Head to Head

10 decided of 12

Tenet Healthcare leads on 8 of the 12 questions below (Tenet Healthcare 8, RadNet 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPAIYYTHCRDNTLeader
Larger companyMarket capitalisation $491.09K $21.96B $5.72B THC
Cheaper on earningsLower P/E, profitable companies only -0.1x 9.8x -270.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 12.2x 132.2x THC
Faster revenue growthRevenue growth, trailing twelve months — +5.4% +18.9% RDNT
More profitableNet margin, trailing twelve months — 10.3% -0.9% THC
Better return on capitalReturn on invested capital — 18.8% 1.5% THC
Less leveragedLower net debt / EBITDA — 2.0x 2.5x THC
Higher dividend yieldTrailing dividend yield — 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -95.2% +27.8% -16.0% THC
Better 5-year returnAnnualised price return, 5 years -70.1%/yr +30.8%/yr +18.4%/yr THC
Less volatileAnnualised volatility, 1 year 421.9% 42.2% 42.1% RDNT
Higher overall scoreMean of the five percentile scores vs peers — 77/100 39/100 THC

Percentile Scorecard

PAIYYTHCRDNT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPAIYYTHCRDNT
Valuation 22 #73 of 93 94 #7 of 93 40 #56 of 93
Growth – 74 #24 of 88 22 #69 of 88
Profitability – 97 #4 of 87 45 #48 of 87
Financial Health 11 #89 of 100 37 #63 of 100 43 #57 of 100
Shareholder Returns – 86 #9 of 56 42 #33 of 56
Overall – 77 39
  • PAIYY ranked among 103 companies in Healthcare Providers
  • THC ranked among 103 companies in Healthcare Providers
  • RDNT ranked among 103 companies in Healthcare Providers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPAIYYTHCRDNTSPY
1 month -50.0%+3.5%-1.0% -0.8%
3 months -50.0%+10.5%+13.9% +3.5%
6 months -88.9%+44.9%+21.3% +7.0%
Year to date -94.1%+35.3%-1.8% +12.2%
1 year -95.2%+27.8%-16.0% +13.0%
3 years -98.4%+406.1%+175.6% +86.3%
3 years, per year -74.9%+71.8%+40.2% +23.1%
5 years -99.8%+283.2%+132.8% +68.6%
5 years, per year -70.1%+30.8%+18.4% +11.0%
10 years —+1,144.7%+872.9% +258.0%
10 years, per year —+28.7%+25.6% +13.6%

Risk

MeasurePAIYYTHCRDNTSPY
Volatility, 1Y 421.9%42.2%42.1% 12.7%
Downside volatility, 1Y 1,222.1%34.0%42.4% 12.7%
Beta vs S&P 500, 1Y -3.710.481.02 1.00
Return / volatility, 1Y -0.230.66-0.38 1.02
Max drawdown, 5Y -99.8%-58.9%-56.2% -25.4%
From 52-week high -96.9%-4.2%-17.1% -1.8%
52-week high $0.32$280.77$84.48 $779.14
52-week low $0.01$161.37$51.87 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePAIYYTHCRDNT
P/E now vs peer median -0.1xmedian 25.1x 10.0xmedian 25.1x -258.1xmedian 25.1x
P/S now vs peer median 0.0xmedian 1.6x 1.0xmedian 1.6x 2.4xmedian 1.6x
EV/EBITDA now vs peer median —median 14.5x 6.0xmedian 14.5x 25.1xmedian 14.5x
P/FCF now vs peer median -0.2xmedian 22.4x 7.2xmedian 22.4x -16.0xmedian 22.4x
P/B now vs peer median -0.1xmedian 3.1x 3.3xmedian 3.1x 4.0xmedian 3.1x
PEG now vs peer median —median 0.66 0.13median 0.66 31.52median 0.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPAIYYTHCRDNT
Revenue – $21.81B $2.27B
Gross profit – – $261.62M
Operating income – $4.54B $70.78M
Net income – $3.17B $80.00K
Free cash flow – $3.02B -$344.77M
EPS (diluted) – $26.69 $-0.27
Cash & equivalents $8.61M $2.17B $726.27M
Total debt $76.21M $13.25B $1.33B
Shares (diluted) 47.83M 83.96M 78.73M
Enterprise value -$24.51M $10.96B $2.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPAIYYTHCRDNT
P/E -0.1x 10.0x -258.1x
P/FCF -0.2x 7.2x -16.0x
P/Operating cash flow – 5.4x 17.8x
P/S 0.0x 1.0x 2.4x
P/B -0.1x 3.3x 4.0x
P/Tangible book -0.1x 4.1x 4.8x
EV/EBITDA – 6.0x 25.1x
EV/EBIT – 7.2x 86.4x
EV/Revenue – 1.5x 2.7x
EV/FCF – 10.8x -17.7x
EV/Operating cash flow – 8.2x 19.7x
PEG (3Y EPS CAGR) – 0.13 31.52

Growth

14 metrics
MetricPAIYYTHCRDNT
Revenue growth (1Y) – 5.4% 18.9%
Revenue CAGR (3Y) – 3.1% 14.1%
Gross profit growth (1Y) – – 17.8%
Gross profit CAGR (3Y) – – 11.7%
Operating income growth (1Y) – 23.5% 8.5%
Operating income CAGR (3Y) – 24.7% 5.9%
Net income growth (1Y) – 32.4% -99.3%
Net income CAGR (3Y) – 41.1% -74.7%
EPS growth (1Y) – 65.1% -35.8%
EPS CAGR (3Y) – 77.6% -8.2%
Operating cash flow growth (1Y) – 62.9% 18.5%
Operating cash flow CAGR (3Y) – 31.1% 19.6%
Free cash flow growth (1Y) – 94.7% -1,140%
Free cash flow CAGR (3Y) – 46.5% -66.2%

Profitability

14 metrics
MetricPAIYYTHCRDNT
Gross margin – – 11.5%
EBITDA margin – 25.0% 10.7%
Operating margin – 20.8% 3.1%
Pretax margin – 17.7% 1.5%
Net margin – 10.3% -0.9%
FCF margin – 13.9% -15.2%
Operating cash flow margin – 18.4% 13.7%
Return on equity – 47.8% 1.4%
Return on assets – 10.3% 0.5%
Return on invested capital – 18.8% 1.5%
Return on capital employed – 17.9% 2.1%
Asset turnover – 0.7x 0.6x
Cash conversion (OCF / net income) – 1.3x 3,876x
Stock comp / revenue – 0.6% 2.6%

Financial Health

11 metrics
MetricPAIYYTHCRDNT
Debt / assets 28.2% 43.2% 31.5%
Debt / equity -3.3x 2.0x 1.0x
Net debt / EBITDA – 2.0x 2.5x
Debt / FCF – 4.4x -3.9x
Liabilities / assets 108.5% 78.6% 67.0%
Equity / assets -8.5% 21.4% 33.0%
Interest coverage – 5.5x 1.0x
Current ratio – 1.4x 1.5x
Quick ratio 0.3x 0.9x 1.4x
Cash ratio 0.1x 0.4x 1.0x
Altman Z-score – 2.10 1.81

Shareholder Returns

7 metrics
MetricPAIYYTHCRDNT
Dividend yield – – –
Net buyback yield – 7.6% -0.1%
Shareholder yield – 7.6% -0.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPAIYYTHCRDNT
Forward P/E – 12.2xFY2026 132.2xFY2026
EPS, next fiscal year $-1.50FY2023 $21.99FY2026 $0.53FY2026
EPS growth, next FY – +31.0%FY2026 +35.9%FY2026
EPS growth, the year after – -7.1% +71.7%
Revenue, next fiscal year $89.98MFY2023 $23.70BFY2026 $2.68BFY2026
Revenue growth, next FY – +11.2%FY2026 +31.4%FY2026
Revenue growth, the year after – -0.3% -1.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPAIYYTHCRDNT
Held by institutions – 96.2% 100.0%
Institutions holding – 677 328
Change in shares held, QoQ – -1.9% +6.0%
Institutions buying – 331 175
Institutions selling – 260 110
Buyers to sellers – 1.27 1.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PAIYYTHCRDNT
PAIYY 1.00 0.05 -0.05
THC 0.05 1.00 0.12
RDNT -0.05 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PAIYY, THC and RDNT?

Tenet Healthcare (THC) is the largest by market capitalisation: Aesthetic Medical International Holdings (PAIYY) $491.09K, Tenet Healthcare (THC) $21.96B, RadNet (RDNT) $5.72B.

Which company is growing faster?

RadNet (RDNT) grew revenue fastest over the trailing twelve months: Tenet Healthcare (THC) +5.4%, RadNet (RDNT) +18.9%.

Which company is more profitable?

Tenet Healthcare (THC) has the highest net margin (Tenet Healthcare (THC) 10.3%, RadNet (RDNT) -0.9%). On return on invested capital, Tenet Healthcare (THC) leads (Tenet Healthcare (THC) 18.8%, RadNet (RDNT) 1.5%).

Which stock has performed better?

Over the past year Tenet Healthcare (THC) returned the most: Aesthetic Medical International Holdings (PAIYY) -95.2%, Tenet Healthcare (THC) +27.8%, RadNet (RDNT) -16.0%. Over five years, Tenet Healthcare (THC) compounded fastest (Aesthetic Medical International Holdings (PAIYY) -70.1%/yr, Tenet Healthcare (THC) +30.8%/yr, RadNet (RDNT) +18.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, RadNet (RDNT) has been the steadiest (Aesthetic Medical International Holdings (PAIYY) 421.9%, Tenet Healthcare (THC) 42.2%, RadNet (RDNT) 42.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PAIYY, THC and RDNT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tenet Healthcare (THC) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.