Medical Properties Trust Valuation: Assessing the Impact of Recent Momentum on Fair Value

Medical Properties Trust (MPW) shares have gained 9% this month, with a year-to-date return of 39.8%. The company's unique position in hospital real estate has led to renewed optimism, but the stock's fair value is $5.07, making the current price 11% above fair value. Despite this, a DCF model suggests the shares are 22% undervalued, indicating potential for further gains.