NORTHWEST HEALTHCARE PROPERT (NWH-UN.CA) Stock Fundamental Analysis
TSX:NWH-UN - Toronto Stock Exchange - CA6674951059 - REIT - Currency: CAD
We assign a fundamental rating of 2 out of 10 to NWH-UN. NWH-UN was compared to 37 industry peers in the Diversified REITs industry. NWH-UN has a medium profitability rating, but doesn't score so well on its financial health evaluation. NWH-UN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
NWH-UN had negative earnings in the past year.
NWH-UN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: NWH-UN reported negative net income in multiple years.
Each year in the past 5 years NWH-UN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NWH-UN (-4.90%) is worse than 67.57% of its industry peers.
NWH-UN's Return On Equity of -18.89% is on the low side compared to the rest of the industry. NWH-UN is outperformed by 70.27% of its industry peers.
NWH-UN's Return On Invested Capital of 4.59% is amongst the best of the industry. NWH-UN outperforms 83.78% of its industry peers.
NWH-UN had an Average Return On Invested Capital over the past 3 years of 3.39%. This is below the industry average of 5.69%.
The last Return On Invested Capital (4.59%) for NWH-UN is above the 3 year average (3.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.9% | ||
| ROE | -18.89% | ||
| ROIC | 4.59% |
ROA(3y)-2.92%
ROA(5y)0.56%
ROE(3y)-11.33%
ROE(5y)0.68%
ROIC(3y)3.39%
ROIC(5y)3.39%
1.3 Margins
NWH-UN has a Operating Margin of 61.65%. This is amongst the best in the industry. NWH-UN outperforms 86.49% of its industry peers.
In the last couple of years the Operating Margin of NWH-UN has declined.
NWH-UN has a better Gross Margin (74.31%) than 86.49% 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 | 61.65% | ||
| PM (TTM) | N/A | ||
| GM | 74.31% |
OM growth 3Y-1.83%
OM growth 5Y-2.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.75%
GM growth 5Y-0.16%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NWH-UN is destroying value.
NWH-UN has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NWH-UN has been increased compared to 5 years ago.
Compared to 1 year ago, NWH-UN has an improved debt to assets ratio.
2.2 Solvency
NWH-UN has an Altman-Z score of 0.20. This is a bad value and indicates that NWH-UN is not financially healthy and even has some risk of bankruptcy.
NWH-UN has a worse Altman-Z score (0.20) than 72.97% of its industry peers.
The Debt to FCF ratio of NWH-UN is 34.13, which is on the high side as it means it would take NWH-UN, 34.13 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NWH-UN (34.13) is worse than 67.57% of its industry peers.
A Debt/Equity ratio of 1.64 is on the high side and indicates that NWH-UN has dependencies on debt financing.
NWH-UN has a worse Debt to Equity ratio (1.64) than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 34.13 | ||
| Altman-Z | 0.2 |
ROIC/WACC0.74
WACC6.22%
2.3 Liquidity
NWH-UN has a Current Ratio of 0.19. This is a bad value and indicates that NWH-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of NWH-UN (0.19) is comparable to the rest of the industry.
A Quick Ratio of 0.19 indicates that NWH-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.19, NWH-UN is in line with its industry, outperforming 43.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.19 |
3. Growth
3.1 Past
The earnings per share for NWH-UN have decreased by -0.29% in the last year.
The Revenue has grown by 13.40% in the past year. This is quite good.
Measured over the past years, NWH-UN shows a small growth in Revenue. The Revenue has been growing by 4.78% on average per year.
EPS 1Y (TTM)-0.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%98.14%
Revenue 1Y (TTM)13.4%
Revenue growth 3Y7.27%
Revenue growth 5Y4.78%
Sales Q2Q%-16.4%
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 YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
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
NWH-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
91.89% of the companies in the same industry are more expensive than NWH-UN, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NWH-UN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.78 | ||
| EV/EBITDA | 11.87 |
4.3 Compensation for Growth
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.
NWH-UN's Dividend Yield is rather good when compared to the industry average which is at 7.94. NWH-UN pays more dividend than 89.19% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, NWH-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.04% |
5.2 History
The dividend of NWH-UN decreases each year by -13.72%.
NWH-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-13.72%
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-25.96%
EPS Next 2YN/A
EPS Next 3YN/A
TSX:NWH-UN (6/13/2025, 7:00:00 PM)
4.99
-0.04 (-0.8%)
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 Cap1.24B
Analysts72
Price Target5.81 (16.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.04% |
Yearly Dividend0.32
Dividend Growth(5Y)-13.72%
DP-25.96%
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%
PT rev (3m)0.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 2.16 | ||
| P/FCF | 13.78 | ||
| P/OCF | 13.56 | ||
| P/B | 0.78 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 11.87 |
EPS(TTM)-1.22
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.36
FCFY7.26%
OCF(TTM)0.37
OCFY7.38%
SpS2.31
BVpS6.41
TBVpS6.07
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.9% | ||
| ROE | -18.89% | ||
| ROCE | 6.37% | ||
| ROIC | 4.59% | ||
| ROICexc | 4.65% | ||
| ROICexgc | 4.73% | ||
| OM | 61.65% | ||
| PM (TTM) | N/A | ||
| GM | 74.31% | ||
| FCFM | 15.66% |
ROA(3y)-2.92%
ROA(5y)0.56%
ROE(3y)-11.33%
ROE(5y)0.68%
ROIC(3y)3.39%
ROIC(5y)3.39%
ROICexc(3y)3.44%
ROICexc(5y)3.48%
ROICexgc(3y)3.5%
ROICexgc(5y)3.55%
ROCE(3y)4.7%
ROCE(5y)4.71%
ROICexcg growth 3Y5.47%
ROICexcg growth 5Y-0.06%
ROICexc growth 3Y5.63%
ROICexc growth 5Y0.09%
OM growth 3Y-1.83%
OM growth 5Y-2.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.75%
GM growth 5Y-0.16%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | 34.13 | ||
| Debt/EBITDA | 7.32 | ||
| Cap/Depr | 39.56% | ||
| Cap/Sales | 0.25% | ||
| Interest Coverage | 2.08 | ||
| Cash Conversion | 25.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.19 | ||
| Quick Ratio | 0.19 | ||
| Altman-Z | 0.2 |
F-Score4
WACC6.22%
ROIC/WACC0.74
Cap/Depr(3y)24.87%
Cap/Depr(5y)24.57%
Cap/Sales(3y)0.11%
Cap/Sales(5y)0.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%98.14%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.4%
Revenue growth 3Y7.27%
Revenue growth 5Y4.78%
Sales Q2Q%-16.4%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y8.38%
EBIT growth 3Y5.3%
EBIT growth 5Y2.61%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-53.4%
FCF growth 3Y-11.68%
FCF growth 5Y-7.73%
OCF growth 1Y-52.74%
OCF growth 3Y-11.5%
OCF growth 5Y-7.59%