Stocktoria

NATIONAL HEALTHCARE CORP NHC

NYSE · stock · Services-Skilled Nursing Care Facilities · website · IPO 1983-07-13 · LEI

NATIONAL HEALTHCARE CORP statistics & valuation

Market cap$3.2B
P / E26.9×
P / S2.1×
P / B3.0×
P / FCF21.7×
Dividend yield1.20%
Net margin7.9%
Return on equity11.2%
FCF margin9.8%
Net cash$52.8M
Net debt / EBITDA-0.3×
Enterprise value USD$3.2B
EV / EBITDA18.3×
Earnings yield EBIT/EV4%
Return on capital10.1%
Graham number -50.5%$108.87

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($108.87); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
5.50% 5.80% 6.00% 6.80% 4.10% 12.90% 2.10% 5.90% 7.80% 7.90% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
6.60% 5.60% 5.70% 4.90% 4.70% 4.70% 2.90% 5.00% 6.90% 8.50% 2016201720182019202020212022202320242025
Return on equity (%)
7.50% 8.00% 8.00% 8.80% 5.20% 15.30% 2.60% 7.30% 10.40% 11.20% 2016201720182019202020212022202320242025
Shares outstanding
15.2M 15.2M 15.3M 15.4M 15.4M 15.5M 15.4M 15.4M 15.6M 15.6M 2016201720182019202020212022202320242025
Net debt ($)
$93.7M $40.9M $11.8M -$40.3M -$107.1M $60.9M -$52.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
4.60% 5.10% 5.50% 5.30% 3.10% 9.90% 1.80% 5.10% 6.70% 7.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
3.10% 6.40% 7.00% 7.40% 17.60% 2.10% -2.00% 7.30% 6.10% 9.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.18× 0.14× 0.07× 0.01× 0.00× 0.14× 0.04× 2016201720182019202020212022202320242025
EPS ($)
$3.32 $3.69 $3.87 $4.44 $2.72 $8.99 $1.45 $4.34 $6.53 $7.67 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NATIONAL HEALTHCARE CORP trades at about 28.7× earnings — above its 10-year norm (10-year range 7.3×–41.1×, median 20.8×).

7.3× 41.1×

Shaded band = 10-year range (7.3×–41.1×); dot = today's 28.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin8.5%6.9%5.0%2.9%4.7%4.7%4.9%5.7%5.6%6.6%
Net margin7.9%7.8%5.9%2.1%12.9%4.1%6.8%6.0%5.8%5.5%
FCF margin9.8%6.1%7.3%-2.0%2.1%17.6%7.4%7.0%6.4%3.1%
Return on assets7.9%6.7%5.1%1.8%9.9%3.1%5.3%5.5%5.1%4.6%
Return on equity11.2%10.4%7.3%2.6%15.3%5.2%8.8%8.0%8.0%7.5%
Debt / equity0.04×0.14×0.00×———0.01×0.07×0.14×0.18×
Current ratio1.821.811.891.791.621.621.752.042.121.93

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.