NORTHWEST HEALTHCARE PROPERT (NWH-UN.CA) Stock Fundamental Analysis
TSX:NWH-UN - Toronto Stock Exchange - CA6674951059 - REIT - Currency: CAD
NWH-UN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 43 industry peers in the Diversified REITs industry. While NWH-UN is still in line with the averages on profitability rating, there are concerns on its financial health. NWH-UN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NWH-UN has reported negative net income.
NWH-UN had a positive operating cash flow in the past year.
In multiple years NWH-UN reported negative net income over the last 5 years.
Each year in the past 5 years NWH-UN had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -7.77%, NWH-UN is not doing good in the industry: 67.44% of the companies in the same industry are doing better.
NWH-UN has a Return On Equity of -29.96%. This is in the lower half of the industry: NWH-UN underperforms 67.44% of its industry peers.
With a Return On Invested Capital value of 4.03%, NWH-UN is not doing good in the industry: 62.79% of the companies in the same industry are doing better.
NWH-UN had an Average Return On Invested Capital over the past 3 years of 2.72%. This is below the industry average of 5.49%.
The 3 year average ROIC (2.72%) for NWH-UN is below the current ROIC(4.03%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.77% | ||
| ROE | -29.96% | ||
| ROIC | 4.03% |
ROA(3y)0.78%
ROA(5y)1.54%
ROE(3y)1.12%
ROE(5y)4.48%
ROIC(3y)2.72%
ROIC(5y)2.85%
1.3 Margins
NWH-UN has a better Operating Margin (63.56%) than 90.70% of its industry peers.
NWH-UN's Operating Margin has been stable in the last couple of years.
The Gross Margin of NWH-UN (75.37%) is better than 86.05% of its industry peers.
In the last couple of years the Gross Margin of NWH-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 63.56% | ||
| PM (TTM) | N/A | ||
| GM | 75.37% |
OM growth 3Y-1.89%
OM growth 5Y-1.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.15%
GM growth 5Y0.2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NWH-UN is destroying value.
Compared to 1 year ago, NWH-UN has more shares outstanding
NWH-UN has more shares outstanding than it did 5 years ago.
NWH-UN has a worse debt/assets ratio than last year.
2.2 Solvency
NWH-UN has an Altman-Z score of 0.26. This is a bad value and indicates that NWH-UN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NWH-UN (0.26) is worse than 69.77% of its industry peers.
NWH-UN has a debt to FCF ratio of 35.83. This is a negative value and a sign of low solvency as NWH-UN would need 35.83 years to pay back of all of its debts.
With a Debt to FCF ratio value of 35.83, NWH-UN is not doing good in the industry: 79.07% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.75 is on the high side and indicates that NWH-UN has dependencies on debt financing.
The Debt to Equity ratio of NWH-UN (1.75) is worse than 81.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 35.83 | ||
| Altman-Z | 0.26 |
ROIC/WACC0.7
WACC5.76%
2.3 Liquidity
A Current Ratio of 0.27 indicates that NWH-UN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.27, NWH-UN is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
A Quick Ratio of 0.27 indicates that NWH-UN may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.27, NWH-UN is doing good in the industry, outperforming 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.27 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
NWH-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.42%.
Looking at the last year, NWH-UN shows a very strong growth in Revenue. The Revenue has grown by 22.83%.
The Revenue has been growing slightly by 7.76% on average over the past years.
EPS 1Y (TTM)-57.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-69.49%
Revenue 1Y (TTM)22.83%
Revenue growth 3Y10.77%
Revenue growth 5Y7.76%
Sales Q2Q%-12.43%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y6.98%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.1%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NWH-UN. In the last year negative earnings were reported.
NWH-UN is valuated cheaply with a Price/Forward Earnings ratio of 5.34.
100.00% of the companies in the same industry are more expensive than NWH-UN, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.65. NWH-UN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.34 |
4.2 Price Multiples
93.02% of the companies in the same industry are more expensive than NWH-UN, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as NWH-UN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.21 | ||
| EV/EBITDA | 10.77 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NWH-UN has a Yearly Dividend Yield of 10.04%, which is a nice return.
Compared to an average industry Dividend Yield of 8.03, NWH-UN pays a better dividend. On top of this NWH-UN pays more dividend than 88.37% of the companies listed in the same industry.
NWH-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.04% |
5.2 History
The dividend of NWH-UN decreases each year by -3.23%.
NWH-UN has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-3.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of NWH-UN are negative and hence is the payout ratio. NWH-UN will probably not be able to sustain this dividend level.
DP-16.42%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:NWH-UN (2/21/2025, 7:00:00 PM)
4.96
-0.02 (-0.4%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners22.5%
Inst Owner ChangeN/A
Ins Owners0.2%
Ins Owner ChangeN/A
Market Cap1.23B
Analysts70
Price Target5.76 (16.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.04% |
Yearly Dividend0.61
Dividend Growth(5Y)-3.23%
DP-16.42%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.36%
PT rev (3m)-1.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.34 | ||
| P/S | 1.99 | ||
| P/FCF | 14.21 | ||
| P/OCF | 14.07 | ||
| P/B | 0.75 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | 10.77 |
EPS(TTM)-2
EYN/A
EPS(NY)0.93
Fwd EY18.73%
FCF(TTM)0.35
FCFY7.03%
OCF(TTM)0.35
OCFY7.11%
SpS2.49
BVpS6.64
TBVpS6.27
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.77% | ||
| ROE | -29.96% | ||
| ROCE | 6.57% | ||
| ROIC | 4.03% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 4.15% | ||
| OM | 63.56% | ||
| PM (TTM) | N/A | ||
| GM | 75.37% | ||
| FCFM | 14.01% |
ROA(3y)0.78%
ROA(5y)1.54%
ROE(3y)1.12%
ROE(5y)4.48%
ROIC(3y)2.72%
ROIC(5y)2.85%
ROICexc(3y)2.77%
ROICexc(5y)2.96%
ROICexgc(3y)2.82%
ROICexgc(5y)3.03%
ROCE(3y)4.43%
ROCE(5y)4.64%
ROICexcg growth 3Y-5.44%
ROICexcg growth 5Y-2.28%
ROICexc growth 3Y-5.29%
ROICexc growth 5Y-1.28%
OM growth 3Y-1.89%
OM growth 5Y-1.39%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.15%
GM growth 5Y0.2%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 35.83 | ||
| Debt/EBITDA | 7.28 | ||
| Cap/Depr | 25.64% | ||
| Cap/Sales | 0.14% | ||
| Interest Coverage | 1.88 | ||
| Cash Conversion | 22.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.27 | ||
| Quick Ratio | 0.27 | ||
| Altman-Z | 0.26 |
F-Score5
WACC5.76%
ROIC/WACC0.7
Cap/Depr(3y)28.77%
Cap/Depr(5y)23.76%
Cap/Sales(3y)0.1%
Cap/Sales(5y)0.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-57.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-69.49%
EPS Next Y6.98%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)22.83%
Revenue growth 3Y10.77%
Revenue growth 5Y7.76%
Sales Q2Q%-12.43%
Revenue Next Year3.1%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y21.15%
EBIT growth 3Y8.67%
EBIT growth 5Y6.26%
EBIT Next Year10.78%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-56.25%
FCF growth 3Y-17.82%
FCF growth 5Y2.41%
OCF growth 1Y-55.96%
OCF growth 3Y-17.83%
OCF growth 5Y2.35%