National HealthCare Corporation (NHC) vs Option Care Health, Inc. (OPCH)

National HealthCare Corporation and Option Care Health, Inc. are both Medical Care Facilities companies. National HealthCare Corporation and Option Care Health, Inc. are of similar size ($3.5B and $3.4B). Option Care Health, Inc. trades at the lower P/E: 17.3× against 25.2×. National HealthCare Corporation grew revenue faster over the last twelve months: 6.92% against 5.95%. National HealthCare Corporation has the higher net margin (9.00% vs 3.68%) and the higher return on invested capital (10.5% vs 9.37%). Across the 22 metrics below, National HealthCare Corporation leads on 12 and Option Care Health, Inc. on 10.

Valuation

Metric NHC OPCH Medical Care Facilities median
P/E 25.21 17.35 19.16
P/S 2.28 0.62 0.90
P/B 3.15 2.80 2.91
Price to free cash flow 24.23 11.61 12.62
EV/EBITDA 17.64 11.00 10.06
EV/Sales 2.15 0.79 1.35
Earnings yield 3.97% 5.77% 2.30%
Free cash flow yield 4.13% 8.61% 4.14%

Profitability

Metric NHC OPCH Medical Care Facilities median
Gross margin 100.00% 19.06% 30.78%
Operating margin 9.28% 5.86% 5.74%
Net margin 9.00% 3.68% 2.32%
Free cash flow margin 9.40% 5.34% 5.46%
Return on equity 13.03% 16.00% 8.76%
Return on assets 9.05% 6.20% 2.18%
Return on invested capital 10.49% 9.37% 5.40%

Growth

Metric NHC OPCH Medical Care Facilities median
Revenue growth (TTM) 6.92% 5.95% 7.12%
EPS growth (last fiscal year) 17.46% 3.25% —
Revenue growth, 5-year CAGR 8.10% 13.25% 9.58%
Net income growth, 5-year CAGR 23.44% 0.00% 0.00%

Health

Metric NHC OPCH Medical Care Facilities median
Debt to equity 0.00 0.92 0.30
Current ratio 1.86 1.47 1.22
Net debt to EBITDA (1.74) 2.25 1.32

Dividend

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

Size

Metric NHC OPCH Medical Care Facilities median
Market cap 3.47b 3.44b 1.34b

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