National Health Price To Book vs. Return On Asset
| NHI Stock | USD 76.65 0.26 0.34% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.08 | 0.964 |
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| Net Profit Margin | 0.44 | 0.4241 |
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| Operating Profit Margin | 0.69 | 0.559 |
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| Pretax Profit Margin | 0.67 | 0.4202 |
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| Return On Assets | 0.0822 | 0.0545 |
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| Return On Equity | 0.1 | 0.1082 |
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For National Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of National Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well National Health Investors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between National Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of National Health Investors over time as well as its relative position and ranking within its peers.
National |
National Health's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Health. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 3.6 | Earnings Share 2.91 | Revenue Per Share 7.598 | Quarterly Revenue Growth (0.12) |
The market value of National Health Investors is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Health's value that differs from its market value or its book value, called intrinsic value, which is National Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Health's market value can be influenced by many factors that don't directly affect National Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
National Health Investors Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining National Health's current stock value. Our valuation model uses many indicators to compare National Health value to that of its competitors to determine the firm's financial worth. National Health Investors is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for National Health Investors is roughly 60.48 . The National Health's current Return On Assets is estimated to increase to 0.08. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the National Health's earnings, one of the primary drivers of an investment's value.National Return On Asset vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
National Health |
| = | 2.84 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
National Health |
| = | 0.047 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
National Return On Asset Comparison
National Health is currently under evaluation in return on asset category among its peers.
National Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in National Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, National Health will eventually generate negative long term returns. The profitability progress is the general direction of National Health's change in net profit over the period of time. It can combine multiple indicators of National Health, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -350.2 M | -332.7 M | |
| Operating Income | 178.8 M | 96.8 M | |
| Net Income | 134.4 M | 87.6 M | |
| Income Tax Expense | 55.1 M | 57.8 M | |
| Income Before Tax | 134.4 M | 104.3 M | |
| Net Income Applicable To Common Shares | 76.4 M | 102.4 M | |
| Total Other Income Expense Net | -44.4 M | -42.2 M | |
| Net Income From Continuing Ops | 134.4 M | 127.7 M | |
| Non Operating Income Net Other | 33.1 M | 34.7 M | |
| Interest Income | 512.1 K | 486.5 K | |
| Net Interest Income | -58.2 M | -61.1 M | |
| Change To Netincome | -7 M | -7.4 M | |
| Net Income Per Share | 3.13 | 1.97 | |
| Income Quality | 1.37 | 1.44 | |
| Net Income Per E B T | 1.01 | 1.01 |
National Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on National Health. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of National Health position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the National Health's important profitability drivers and their relationship over time.
Use National Health in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Health will appreciate offsetting losses from the drop in the long position's value.National Health Pair Trading
National Health Investors Pair Trading Analysis
The ability to find closely correlated positions to National Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Health Investors to buy it.
The correlation of National Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Health Investors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your National Health position
In addition to having National Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project National Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of National Health Investors at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include National Health's income statement, its balance sheet, and the statement of cash flows.