Brookdale Senior Living Inc. (BKD) vs National HealthCare Corporation (NHC)

Brookdale Senior Living Inc. and National HealthCare Corporation are both Medical Care Facilities companies. National HealthCare Corporation is the larger, with a market value of $3.5B against $2.6B — 1.3× the size. Brookdale Senior Living Inc. has negative trailing earnings, so its P/E is not meaningful; National HealthCare Corporation trades at 25.2×. National HealthCare Corporation grew revenue faster over the last twelve months: 6.92% against −4.42%. National HealthCare Corporation has the higher net margin (9.00% vs −4.53%) and the higher return on invested capital (10.5% vs 1.71%). Across the 19 metrics below, National HealthCare Corporation leads on 15 and Brookdale Senior Living Inc. on 4.

Valuation

Metric BKD NHC Medical Care Facilities median
P/E n/m 25.21 19.16
P/S 0.87 2.28 0.90
P/B n/m 3.15 2.91
Price to free cash flow n/m 24.23 12.62
EV/EBITDA 15.03 17.64 10.06
EV/Sales 2.15 2.15 1.35
Earnings yield (5.22%) 3.97% 2.30%
Free cash flow yield (5.30%) 4.13% 4.14%

Profitability

Metric BKD NHC Medical Care Facilities median
Gross margin 30.78% 100.00% 30.78%
Operating margin 3.48% 9.28% 5.74%
Net margin (4.53%) 9.00% 2.32%
Free cash flow margin (4.62%) 9.40% 5.46%
Return on equity (349.46%) 13.03% 8.76%
Return on assets (2.30%) 9.05% 2.18%
Return on invested capital 1.71% 10.49% 5.40%

Growth

Metric BKD NHC Medical Care Facilities median
Revenue growth (TTM) (4.42%) 6.92% 7.12%
EPS growth (last fiscal year) (25.84%) 17.46% —
Revenue growth, 5-year CAGR (2.04%) 8.10% 9.58%
Net income growth, 5-year CAGR 0.00% 23.44% 0.00%

Health

Metric BKD NHC Medical Care Facilities median
Debt to equity (156.38) 0.00 0.30
Current ratio 1.14 1.86 1.22
Net debt to EBITDA 10.43 (1.74) 1.32

Dividend

Metric BKD NHC Medical Care Facilities median
Dividend yield — 2.57% 0.85%
Payout ratio 0.00 1.11 0.00

Size

Metric BKD NHC Medical Care Facilities median
Market cap 2.64b 3.47b 1.34b

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