NATIONAL HEALTHCARE CORP (NHC)
Services-Skilled Nursing Care Facilities
Latest Price
$226.03
TTM P/E
28.72
Normalized P/E
46.54
Div Yield
1.13%
Book Value
70.20
P/B Ratio
3.22
Valuation metrics
adjust assumptions →EPS: $7.67
Book value / share: $68.79
Formula: √(22.5 × EPS × BVPS)
Graham Number
$108.96
52% downside
Norm. op. income: $51M (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$37.85
83% downside
Base FCF: $82M (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$146.12
35% downside
EPS: $7.67
Target P/E: 47×
Formula: EPS × P/E
P/E Fair Value
$360.49
+59% upside
Institutional Ownership
64.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1.90M | $302.0M | 12.14% | -6.8K | 2026-03-31 |
| Morgan Stanley Institutional Investment Advisors LLC | 1.04M | $165.0M | 6.66% | +17 | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 947.0K | $151.0M | 6.07% | -11.3K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 789.4K | $126.0M | 5.06% | -- | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 549.5K | $87.0M | 3.52% | -- | 2026-03-31 |
| FIRST TRUST ADVISORS LP | 530.3K | $84.0M | 3.40% | +165.6K | 2026-03-31 |
| STATE STREET CORP | 491.6K | $78.0M | 3.15% | +6.5K | 2026-03-31 |
| M Holdings Securities, Inc. | 462.4K | $73.0M | 2.96% | -809 | 2026-03-31 |
| RENAISSANCE TECHNOLOGIES LLC | 335.5K | $53.0M | 2.15% | -14.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 323.3K | $51.0M | 2.07% | +4.8K | 2026-03-31 |