NYSE:NHI (USA) Also trade in: Germany

National Health Investors Inc

$ 78.64 0.08 (0.1%)
Volume: 69,989 Avg Vol (1m): 189,996
Market Cap $: 3.40 Bil Enterprise Value $: 4.68 Bil
P/E (TTM): 21.97 P/B: 2.40
Earnings Power Value -50.28
Net Current Asset Value -24.01
Tangible Book 32.83
Projected FCF 76.67
Median P/S Value 90.69
Graham Number 51.43
Peter Lynch Value 29.39
DCF (FCF Based) 58.59
DCF (Earnings Based) 47
1Y (-%)

Financial Strength : 4/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Equity-to-Asset 0.51
Equity-to-Asset ranked lower than
50.62% of 642 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 1.15, Med: 0.52, Min: -0.31
NHI: 0.51
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0, Med: 0.56, Max: 0.96
Current: 0.51
0
0.96
Debt-to-Equity 0.91
Debt-to-Equity ranked lower than
57.42% of 613 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 131.44, Med: 0.81, Min: 0.01
NHI: 0.91
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: -575.75, Med: 0.76, Max: 564.75
Current: 0.91
-575.75
564.75
Debt-to-EBITDA 4.63
Debt-to-EBITDA ranked higher than
67.76% of 608 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 403.53, Med: 5.75, Min: 0.02
NHI: 4.63
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 0.51, Med: 4.17, Max: 5.66
Current: 4.63
0.51
5.66
Interest Coverage 4.42
Interest Coverage ranked higher than
66.12% of 614 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 13686.28, Med: 3.35, Min: 0.05
NHI: 4.42
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 4.49, Med: 7.87, Max: 279.73
Current: 4.42
4.49
279.73
Piotroski F-Score 4
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 1.95
DISTRESS
GREY
SAFE
Beneish M-Score -2.35
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 8.08%
WACC 3.6%

Profitability & Growth : 8/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 70.53
Operating Margin ranked higher than
80.91% of 618 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 26100, Med: 50.42, Min: -1947.83
NHI: 70.53
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 70.99, Med: 73.49, Max: 77.51
Current: 70.53
70.99
77.51
Net Margin % 51.49
Net Margin ranked higher than
58.09% of 649 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 26300, Med: 43.99, Min: -2682.72
NHI: 51.49
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 52.39, Med: 74.55, Max: 101.7
Current: 51.49
52.39
101.7
ROE % 11.20
ROE ranked higher than
71.74% of 651 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 480.34, Med: 7.39, Min: -1081.35
NHI: 11.2
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 11.25, Med: 14.28, Max: 20.15
Current: 11.2
11.25
20.15
ROA % 5.70
ROA ranked higher than
71.49% of 656 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 58.17, Med: 3.68, Min: -33.9
NHI: 5.7
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 5.83, Med: 8.53, Max: 14.9
Current: 5.7
5.83
14.9
ROC (Joel Greenblatt) % 70.54
ROC (Joel Greenblatt) ranked lower than
54.93% of 537 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 2782285.71, Med: 123.8, Min: -2047.95
NHI: 70.54
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 22.97, Med: 83.83, Max: 157.27
Current: 70.54
22.97
157.27
3-Year Total Revenue Growth Rate 8.80
3-Year Revenue Growth Rate ranked higher than
78.75% of 560 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 260.2, Med: 2.2, Min: -100
NHI: 4.8
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -25.1, Med: 4.8, Max: 68.5
Current: 4.8
-25.1
68.5
3-Year Total EBITDA Growth Rate 4.70
3-Year EBITDA Growth Rate ranked higher than
68.45% of 504 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 792.4, Med: 2.9, Min: -229.9
NHI: 0.9
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -42.3, Med: 2.7, Max: 65.6
Current: 0.9
-42.3
65.6
3-Year EPS w/o NRI Growth Rate -2.40
3-Year EPS w/o NRI Growth Rate ranked higher than
55.58% of 475 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 517.1, Med: 5.6, Min: -150.2
NHI: -2.4
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 7.5, Max: 98.8
Current: -2.4
0
98.8

» NHI's 30-Y Financials

Financials (Next Earnings Date: 2019-08-07)

Guru Trades Click for details

» Details

Insider Trades

SEC Filings

Gurus Latest Trades with NYSE:NHI

» Interactive Chart

Peter Lynch Chart

Business Description

Industry REITs » REIT - Healthcare Facilities    NAICS : 531120    SIC : 6798
Compare NYSE:DOC NAS:SBRA NYSE:HR NYSE:GEO NAS:CTRE TSX:CSH.UN LSE:AGR NAS:SNH NYSE:LTC SGX:C2PU NYSE:UHT TSX:NWH.UN NYSE:HTA NYSE:CHCT NZSE:VHP SGX:AW9U NYSE:GMRE NYSE:MRT TSE:3455 XKLS:5116
Traded in other countries WX6.Germany
Address 222 Robert Rose Drive, Murfreesboro, TN, USA, 37129
National Health Investors Inc is a healthcare facility REIT. The company operates one segment that invests in various healthcare facilities, including independent living facilities, senior-living campuses, and medical office buildings. National generates all of its revenue in the United States mainly from rental income, mortgage and other fixed rate investments rate in investments in real estate assets. The company considers merger and acquisition investment to be a component of its operational growth strategy. National offers a variety of financing, including sale/leaseback, mezzanine, joint-venture, and construction financing.

Ratios

Current vs industry vs history
PE Ratio (TTM) 21.97
PE Ratio ranked lower than
62.12% of 586 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 570, Med: 15.5, Min: 0.01
NHI: 21.97
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 7.05, Med: 17.77, Max: 24.81
Current: 21.97
7.05
24.81
PE Ratio without NRI 21.97
PE without NRI ranked lower than
60.93% of 581 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 570, Med: 15.6, Min: 0.01
NHI: 21.97
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 9.04, Med: 19.48, Max: 27.89
Current: 21.97
9.04
27.89
Price-to-Owner-Earnings 122.68
Price-to-Owner-Earnings ranked lower than
100.00% of 328 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 1320, Med: 14.08, Min: 0.85
NHI: 122.68
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 7, Med: 23.9, Max: 126.04
Current: 122.68
7
126.04
PB Ratio 2.40
PB Ratio ranked lower than
89.53% of 640 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 273.33, Med: 1.1, Min: 0.04
NHI: 2.4
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 1.16, Med: 2.46, Max: 4.35
Current: 2.4
1.16
4.35
PS Ratio 11.21
PS Ratio ranked lower than
81.60% of 614 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 211.74, Med: 7.55, Min: 0.01
NHI: 11.21
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 8.31, Med: 12.93, Max: 20.64
Current: 11.21
8.31
20.64
Price-to-Free-Cash-Flow 14.36
Price-to-Free-Cash-Flow ranked higher than
61.48% of 366 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 2530, Med: 18.09, Min: 0.07
NHI: 14.36
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 7.56, Med: 16.29, Max: 1339.47
Current: 14.36
7.56
1339.47
Price-to-Operating-Cash-Flow 14.36
Price-to-Operating-Cash-Flow ranked lower than
56.43% of 560 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 435, Med: 14.62, Min: 0.07
NHI: 14.36
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 7.48, Med: 16.04, Max: 22.4
Current: 14.36
7.48
22.4
EV-to-EBIT 23.28
EV-to-EBIT ranked lower than
56.71% of 589 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 1419.39, Med: 19.79, Min: 0.12
NHI: 23.28
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 7.6, Med: 21.1, Max: 30
Current: 23.28
7.6
30
EV-to-EBITDA 16.83
EV-to-EBITDA ranked lower than
52.25% of 601 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 1267.57, Med: 15.96, Min: 0.12
NHI: 16.83
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 6.5, Med: 16.3, Max: 23.9
Current: 16.83
6.5
23.9
EV-to-Revenue 15.70
EV-to-Revenue ranked lower than
71.69% of 650 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 4424, Med: 12.62, Min: 0.19
NHI: 15.7
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 6.2, Med: 15.7, Max: 22.8
Current: 15.7
6.2
22.8
PEG Ratio 2.06
PEG Ratio ranked higher than
58.40% of 238 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 1074.75, Med: 1.92, Min: 0.03
NHI: 2.06
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0.75, Med: 1.61, Max: 471.75
Current: 2.06
0.75
471.75
Shiller PE Ratio 21.71
Shiller PE Ratio ranked higher than
54.94% of 233 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 3251.85, Med: 23.55, Min: 3.32
NHI: 21.71
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 8.74, Med: 20.85, Max: 26.25
Current: 21.71
8.74
26.25
Current Ratio 15.75
Current Ratio ranked higher than
93.29% of 611 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 450.08, Med: 1.11, Min: 0.04
NHI: 15.75
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.07, Med: 6.65, Max: 38.08
Current: 15.75
0.07
38.08
Quick Ratio 15.75
Quick Ratio ranked higher than
93.62% of 611 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 450.08, Med: 1.01, Min: 0.02
NHI: 15.75
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.07, Med: 6.65, Max: 38.08
Current: 15.75
0.07
38.08
Days Sales Outstanding 410.93
Days Sales Outstanding ranked lower than
95.65% of 529 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 968.06, Med: 19.52, Min: 0.03
NHI: 410.93
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 2.08, Med: 314.85, Max: 443.67
Current: 410.93
2.08
443.67

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 5.15
Trailing Dividend Yield ranked lower than
53.27% of 978 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 543.81, Med: 5.3, Min: 0.13
NHI: 5.15
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 3.76, Med: 5.13, Max: 11.55
Current: 5.15
3.76
11.55
Dividend Payout Ratio 1.13
Dividend Payout Ratio ranked lower than
68.14% of 700 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 63.97, Med: 1.03, Min: 0.01
NHI: 1.13
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.86, Med: 1.01, Max: 1.09
Current: 1.13
0.86
1.09
3-Year Dividend Growth Rate (Per Share) 5.60
3-Year Dividend Growth Rate ranked higher than
67.89% of 436 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 180.2, Med: 4.4, Min: -100
NHI: 5.6
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: -46.6, Med: 6.9, Max: 78.3
Current: 5.6
-46.6
78.3
Forward Dividend Yield % 5.34
Forward Dividend Yield ranked lower than
61.00% of 977 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 572.61, Med: 5.84, Min: 0.06
NHI: 5.34
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 7.16
Yield-on-Cost (5y) ranked higher than
67.52% of 976 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 693.19, Med: 6.09, Min: 0.13
NHI: 7.16
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 5.22, Med: 7.13, Max: 16.05
Current: 7.16
5.22
16.05
3-Year Share Buyback Rate -3.10
3-Year Share Buyback Rate ranked higher than
57.59% of 507 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 32.1, Med: -4.9, Min: -581.1
NHI: -3.1
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -24.3, Med: -3.1, Max: 0.5
Current: -3.1
-24.3
0.5

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 2.40
Price-to-Tangible-Book ranked lower than
88.41% of 630 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 273.33, Med: 1.12, Min: 0.05
NHI: 2.4
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.42, Med: 2.08, Max: 436.36
Current: 2.4
0.42
436.36
Price-to-Projected-FCF 1.02
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
58.72% of 298 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 51.01, Med: 1.09, Min: 0.14
NHI: 1.02
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.22, Med: 1.01, Max: 1.88
Current: 1.02
0.22
1.88
Price-to-DCF (Earnings Based) 1.67
Price-to-Intrinsic-Value-DCF (Earnings Based) ranked higher than
57.14% of 21 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 11.74, Med: 2.01, Min: 0.07
NHI: 1.67
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
Price-to-Intrinsic-Value-DCF (Earnings Based) range over the past 10 years
Min: 1.38, Med: 1.64, Max: 1.77
Current: 1.67
1.38
1.77
Price-to-Median-PS-Value 0.87
Price-to-Median-PS-Value ranked higher than
81.80% of 500 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 85.77, Med: 1.04, Min: 0.04
NHI: 0.87
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.08, Med: 0.84, Max: 3.77
Current: 0.87
0.08
3.77
Price-to-Peter-Lynch-Fair-Value 2.67
Price-to-Peter-Lynch-Fair-Value ranked lower than
58.06% of 124 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 21.43, Med: 1.33, Min: 0.02
NHI: 2.67
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
Price-to-Peter-Lynch-Fair-Value range over the past 10 years
Min: 0.18, Med: 1.24, Max: 19.43
Current: 2.67
0.18
19.43
Price-to-Graham-Number 1.53
Price-to-Graham-Number ranked lower than
76.70% of 515 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 24.57, Med: 0.88, Min: 0.07
NHI: 1.53
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.29, Med: 1.19, Max: 4.88
Current: 1.53
0.29
4.88
Earnings Yield (Joel Greenblatt) % 4.30
Earnings Yield (Greenblatt) ranked lower than
53.10% of 629 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 833.33, Med: 4.84, Min: -142.86
NHI: 4.3
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 3.3, Med: 4.7, Max: 13.1
Current: 4.3
3.3
13.1
Forward Rate of Return (Yacktman) % 14.05
Forward Rate of Return ranked higher than
85.53% of 387 companies
in the REIT - Healthcare Facilities industry.
Industry Max: 59.14, Med: 4.17, Min: -195.16
NHI: 14.05
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: 0.3, Med: 14.3, Max: 25.7
Current: 14.05
0.3
25.7

More Statistics

Revenue (TTM) (Mil) $ 297.97
EPS (TTM) $ 3.58
Beta 0.24
Volatility % 17.04
52-Week Range $ 70.54 - 84.57
Shares Outstanding (Mil) 43.2

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 4
Positive ROA Y
Positive CFROA Y
Higher ROA yoy N
CFROA > ROA Y
Lower Leverage yoy N
Higher Current Ratio yoy N
Less Shares Outstanding yoy N
Higher Gross Margin yoy N
Higher Asset Turnover yoy Y