National Healthcare Properties, Inc. (NHPAP) intrinsic value & 10-year financials
National Healthcare Properties, Inc. (NHPAP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.4% a year to $342.3M, with an average return on invested capital of -2.9%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $342.3M
- Revenue growth (10-yr CAGR)
- 1.4%
- ROIC (10-yr avg)
- -2.9%
- Free cash flow (FY2025)
- —
NHPAP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $342.3M | -$57.7M | -$2.51 | — | 1.0% | 0.5% |
| FY2024 | $353.8M | -$190.3M | -$7.19 | — | -34.9% | -15.7% |
| FY2023 | $345.9M | -$72.4M | -$0.76 | — | -1.4% | -0.5% |
| FY2022 | $335.8M | -$79.6M | -$0.88 | — | -9.4% | -3.1% |
| FY2021 | $329.4M | -$85.4M | -$0.92 | — | -11.4% | -3.8% |
| FY2020 | $381.6M | -$75.5M | -$0.79 | — | -5.2% | -1.9% |
| FY2019 | $374.9M | -$88.1M | -$0.88 | $30.7M | -8.5% | -2.7% |
| FY2018 | $362.4M | -$52.8M | — | $41.2M | -0.9% | -0.2% |
| FY2017 | $311.2M | -$42.5M | — | $55.7M | -4.1% | -0.9% |
| FY2016 | $302.6M | -$20.9M | — | $71.9M | -1.5% | -0.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
National Healthcare Properties, Inc. has demonstrated mature, steady growth, with revenue compounding at 1.4% annually over the past decade.
National Healthcare Properties, Inc. has historically struggled to out-earn its cost of capital, averaging just -2.9% ROIC.
National Healthcare Properties, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, National Healthcare Properties, Inc. is modeled at 1.4% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-24.38 per share.