National Health Investors Inc
NYSE:NHI

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National Health Investors Inc
NYSE:NHI
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Price: 76.91 USD 0.5% Market Closed
Market Cap: $3.7B

P/B

2.4
Current
6%
More Expensive
vs 3-y average of 2.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
$4B
/
Total Equity
$1.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
$4B
/
Total Equity
$1.5B

Valuation Scenarios

National Health Investors Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (2.3), the stock would be worth $72.51 (6% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-41%
Maximum Upside
+3%
Average Downside
18%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.4 $76.91
0%
3-Year Average 2.3 $72.51
-6%
5-Year Average 1.8 $55.87
-27%
Industry Average 1.4 $45.58
-41%
Country Average 2.5 $79.18
+3%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in the United States of America
Percentile
49th
Based on 10 946 companies
49th percentile
2.4
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

National Health Investors Inc
Glance View

Market Cap
3.7B USD
Industry
Real Estate

National Health Investors Inc. (NHI) navigates the complexities of the healthcare industry with the precision of a seasoned sailor charting familiar waters. Founded in 1991 and headquartered in Tennessee, NHI operates as a real estate investment trust (REIT) specializing in the ownership and financing of senior housing and medical properties. The company has carved a niche in acquiring, holding, and leasing properties like skilled nursing facilities, assisted living communities, and independent living facilities. By partnering with experienced operators and third-party managers across the healthcare spectrum, NHI strategically aligns its portfolio to capitalize on demographic trends such as an aging population that invariably increases demand for such facilities. Driving its revenue engine, NHI effectively capitalizes on its real estate investments through a business model built on the acquisition and leasing of properties to healthcare operators. The company generates income primarily from rental payments, in addition to mortgage and other financing entities. Its triple-net lease agreements, in particular, ensure that operational expenses such as taxes, insurance, and maintenance are the responsibility of the tenants, thereby providing NHI with a steady, reliable income stream with reduced overhead liabilities. Meticulously maintaining a balance between risk and reward, NHI's focus remains on diversifying its tenant base and ensuring that its properties are operated by proficient managers who can withstand the industry's inherent regulatory and economic challenges. Whether navigating the ebbs and flows of market conditions or capitalizing on emerging opportunities, NHI continues to position itself at the forefront of healthcare real estate investment.

NHI Intrinsic Value
72.06 USD
Overvaluation 6%
Intrinsic Value
Price $76.91
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