National Healthcare Corp

Chart & Performance

D1W1MN

P/E

22.21

P/S

1.30

EPS

4.36

Div Yield, %

2.40%

Shrs. gr., 5y

0.18%

Rev. gr., 5y

3.09%

Revenues

1.14b

+6.26%

Net income

67m

+197.61%

CFO

111m

+1,172.20%

Dividend

Mar 30, 20200.52 USD/sh

Earnings

Feb 14, 2025

Profile

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.

URL

https://nhccare.com/

IPO date

Jul 13, 1983

Employees

12,355

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,141,544 6.26%	1,074,281 6.27%
Cost of revenue	753,869	1,034,718
Unusual Expense (Income)
NOPBT	387,675	39,563
NOPBT Margin	33.96%	3.68%
Operating Taxes	23,450	7,254
Tax Rate	6.05%	18.34%
NOPAT	364,225	32,309
Net income	66,798 197.61%	22,445 -83.80%
Dividends	(35,560)	(34,604)
Dividend yield	2.50%	3.76%
Proceeds from repurchase of equity	(2,169)	(7,789)
BB yield	0.15%	0.85%
Debt
Debt current	60,424	34,060
Long-term debt	156,562	217,812
Deferred revenue		2,218
Other long-term liabilities	105,465	95,046
Net debt	(22,901)	67,223
Cash flow
Cash from operating activities	111,216	8,742
CAPEX	(27,901)	(30,200)
Cash from investing activities	(17,568)	(5,978)
Cash from financing activities	(42,545)	(47,642)
FCF	375,185	(73,748)
Balance
Cash	223,620	182,589
Long term investments	16,267	2,060
Excess cash	182,810	130,935
Stockholders' equity	682,876	1,307,187
Invested Capital	956,734	969,779
ROIC	37.81%	3.35%
ROCE	33.51%	3.56%
EV
Common stock shares outstanding	15,377	15,447
Price	92.42 55.33%	59.50 -12.42%
Market cap	1,421,174 54.63%	919,109 -12.25%
EV	1,400,001	1,646,234
EBITDA	429,709	80,052
EV/EBITDA	3.26	20.56
Interest	324	563
Interest/NOPBT	0.08%	1.42%