2.33%
-4.55%
-11.51%
-24.60%
10.35%
56.99%
22.34%

Company Description

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, homecare and hospice agencies, and a behavioral health hospital.Its skilled nursing facilities offer licensed therapy services, nutrition services, social services, activities, and housekeeping and laundry services, as well as medical services prescribed by physicians; and rehabilitative services, such as physical, speech, respiratory, and occupational therapy for patients recovering from strokes, heart attacks, orthopedic conditions, neurological illnesses, or other illnesses, injuries, or disabilities.The company's medical specialty units comprise memory care units and sub-cute nursing units that provide specialized care and programs for persons with Alzheimer's or related disorders; and assisted living centers offer personal care services and assistance with general activities of daily living, such as dressing, bathing, meal preparation, and medication management.


It also offers behavioral health services to both adults and geriatric patients with psychiatric, emotional, and addictive disorders.In addition, it provides health care programs that offer skilled services, such as infusion, wound care and physical, occupational, and speech therapies; hospice care services; operates pharmacies; offers management, accounting, financial, and insurance services; and leases its properties to third party operators.As of February 18, 2022, the company operated 75 skilled nursing facilities with 9,473 beds, 24 assisted living facilities, five independent living facilities, one behavioral health hospital, 34 homecare agencies, and 28 hospice agencies.


National HealthCare Corporation was founded in 1971 and is based in Murfreesboro, Tennessee.

Market Data

Last Price 102.67
Change Percentage 2.33%
Open 99.67
Previous Close 100.33
Market Cap ( Millions) 1585
Volume 84866
Year High 138.49
Year Low 87.03
M A 50 113.02
M A 200 114.74

Financial Ratios

FCF Yield 5.19%
Dividend Yield 2.36%
ROE 13.21%
Debt / Equity 23.53%
Net Debt / EBIDTA 69.44%
Price To Book 1.61
Price Earnings Ratio 12.73
Price To FCF 19.26
Price To sales 1.29
EV / EBITDA 8.2

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Inpatient Services

Expected Growth : 4.8 %

What the company do ?

Inpatient Services from National HealthCare Corporation provides medical and rehabilitation care to patients who require 24/7 medical supervision and treatment.

Why we expect these perspectives ?

Growing demand for post-acute care, increasing geriatric population, and advancements in medical technology drive the growth of inpatient services. National HealthCare Corporation's focus on providing high-quality medical and rehabilitation care to patients requiring 24/7 supervision and treatment positions it for success in this growing market.

Segment nΒ°2 -> Homecare and Hospice

Expected Growth : 7.1 %

What the company do ?

Homecare and Hospice from National HealthCare Corporation provides medical and non-medical care to patients in their homes, and hospice care for terminally ill patients.

Why we expect these perspectives ?

Growing demand for home-based care, increasing geriatric population, and government initiatives to promote home healthcare are driving the growth of the homecare and hospice segment.

Segment nΒ°3 -> All Other

Expected Growth : 4.5 %

What the company do ?

All Other from National HealthCare Corporation refers to the revenue generated from non-core businesses, including management contracts, real estate and other investments.

Why we expect these perspectives ?

The growth of All Other segment from National HealthCare Corporation is driven by increasing demand for management contracts, strategic investments in real estate, and diversification of revenue streams.

National Healthcare Corporation Products

Product Range What is it ?
Nursing Centers National HealthCare Corporation provides skilled nursing and rehabilitation services in their nursing centers, offering a range of care options including short-term rehabilitation, long-term care, and memory care.
Assisted Living Centers NHC's assisted living centers offer a supportive environment for individuals who require assistance with daily living activities, providing a range of services including medication management, meals, and transportation.
HomeCare NHC's HomeCare services provide medical and non-medical care in the comfort of the patient's own home, including skilled nursing, physical therapy, and personal care services.
Hospice Care NHC's Hospice Care provides compassionate care and support to individuals with terminal illnesses, focusing on pain management, symptom control, and emotional and spiritual support.
Rehabilitation Services NHC's Rehabilitation Services provide physical, occupational, and speech therapy services to help individuals recover from illness or injury, including stroke, orthopedic, and neurological rehabilitation.

National HealthCare Corporation's Porter Forces

The threat of substitutes in the healthcare industry is moderate, as patients have limited alternatives to traditional healthcare services. However, the rise of telemedicine and online health platforms may pose a threat to traditional healthcare providers.

The bargaining power of customers in the healthcare industry is relatively low, as patients often rely on healthcare providers for critical services and may not have the expertise to negotiate prices or services.

The bargaining power of suppliers in the healthcare industry is moderate, as healthcare providers rely on suppliers for medical equipment, pharmaceuticals, and other essential supplies. However, suppliers may not have significant bargaining power due to the fragmented nature of the supplier market.

The threat of new entrants in the healthcare industry is relatively low, as significant barriers to entry exist, including high capital requirements, regulatory hurdles, and the need for specialized expertise.

The intensity of rivalry in the healthcare industry is high, as healthcare providers compete for patients, staff, and market share. The industry is highly competitive, with many players vying for market dominance.

Capital Structure

Value
Debt Weight 9.32%
Debt Cost 3.95%
Equity Weight 90.68%
Equity Cost 5.86%
WACC 5.68%
Leverage 10.28%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
AMS American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat …
CCEL Cryo-Cell International, Inc. engages in the cellular processing and cryogenic cellular storage with a focus on the collection and preservation of umbilical cord blood stem cells for family use. It …
ASTH Astrana Health, Inc., Inc., a physician-centric technology-powered healthcare management company, provides medical care services in the United States. It operates through three segments: Care Partners, Care Delivery, and Care Enablement. …
ADUS Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United …
CCRN Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
102.67$
Current Price
102.67$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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