Omega Healthcare (OHI) is a bit of a battleground stock in that it appears deeply overvalued when looking at NAV, but its cash flows and growth potential look quite attractive. This article will examine the intricacies of OHI's valuation and we believe the cheapness on AFFO multiple is in this instance more relevant than the expensiveness on NAV. Thus, we find OHI's growth and valuation to be opportunistic.
Healthcare Sector
Healthcare is one of the more opportunistic REIT sectors at the moment. It has generally strong fundamentals, yet it trades at a lower