Select Medical Holdings Corpora SEM

Competitive advantage analysis · healthcare

Corporate Default
Overall moat score
49/100
Developing

About Select Medical Holdings Corpora

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics in the United States. The Critical Illness Recovery Hospital segment consists of hospitals that provide services for heart failure, infectious disease, respiratory failure and pulmonary disease, surgery requiring prolonged recovery, renal disease, neurological events, and trauma. The Rehabilitation Hospital segment offers therapy … Full SEM analysis →

Competitive advantage assessment

Key strengths

  • Operating Expense Control OpEx growth is controlled (score 0.61), demonstrating operating leverage.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.29), raising questions about short-term obligations.
  • Scale Without Profitability Despite scale, profitability lags peers (score 0.37), suggesting limited competitive advantage.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
46

Where SEM ranks in Medical Care Facilities

Select Medical Holdings Corpora ranks #28 of 58 scored companies in Medical Care Facilities by moat score — the top 48%. The widest moat in the group is Encompass Health Corporation (EHC) at 77/100.

Moat scores for companies ranked near SEM in Medical Care Facilities
# Company Moat score Rating
24 The Pennant Group, Inc. PNTG 55/100 Moderate
25 PACS Group, Inc. PACS 53/100 Moderate
26 Acadia Healthcare Company, Inc. ACHC 51/100 Moderate
27 COMPASS Pathways Plc - American CMPS 49/100 Developing
28 Select Medical Holdings Corpora SEM 49/100 Developing
29 LifeStance Health Group, Inc. LFST 48/100 Developing
30 InnovAge Holding Corp. INNV 44/100 Developing
31 Enhabit, Inc. EHAB 43/100 Developing
32 Astrana Health Inc. ASTH 40/100 Developing

See every General Corporate company ranked by moat score →

How SEM scores on the Corporate Default defenses

Pricing Power

Score 46 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 80 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 39 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 53 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 41 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 35 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding SEM's moat

What is Select Medical Holdings Corpora's moat score?

Select Medical Holdings Corpora (SEM) scores 49 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #28 of 58 scored companies in Medical Care Facilities, the top 48%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 57 companies in Medical Care Facilities. Its strongest defense is Cost Advantage (80/100) and its weakest is Scale & Market Position (35/100).

How does Select Medical Holdings Corpora compare with other Medical Care Facilities companies?

Select Medical Holdings Corpora ranks #28 of 58 scored companies in Medical Care Facilities by moat score. The widest moat in Medical Care Facilities is Encompass Health Corporation (EHC) at 77/100. The companies ranked closest are COMPASS Pathways Plc - American (CMPS) at 49 just above it and LifeStance Health Group, Inc. (LFST) at 48 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 57 companies in Medical Care Facilities. The defenses are then weighted to produce the overall score out of 100.

Why is Select Medical Holdings Corpora scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Select Medical Holdings Corpora?

The Corporate Default template measures 6 defenses, and SEM scores: Pricing Power (46), Cost Advantage (80), Customer Stickiness (39), Capital Efficiency (53), Resilience (41), Scale & Market Position (35). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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