American Healthcare REIT, Inc.

AI-generated fair value estimate for this company.

Method: AFFO-based dividend discount model: $2.06/share 2026 normalized FFO guidance midpoint; 8% growth years 1-5 (consistent with 9-12% same-store NOI growth guidance), 4% years 6-10; 8% discount rate (REIT cost of equity); 3% terminal growth; value expressed directly per share (233.19M shares outstanding).

Reasoning: For a healthcare REIT, normalized FFO/AFFO is the standard cash-flow measure (not net income, which is depressed by real-estate depreciation), so a per-share FFO dividend-discount model is the most appropriate valuation approach given AHR's current double-digit same-store NOI growth guidance.