Loading…
← CockpitCompetitor Analysis › NHP National Healthcare Properties, Inc. Class AOpen in the cockpit ↗

National Healthcare Properties, Inc. Class ANHPCompetitor analysis, valuation and peers

United States · USD·Real Estate›Real Estate Investment Trusts
Momentum neutral 54
Mkt cap
$1.11B
US dollars, full cap
$/day
$22.5M
20-day average traded
P/B
1.05×
price to book
ROE
-5.3%
delivered
Implied ROE
16.3%
what the price asks
Next earnings
105 days
19 Feb 2027
Close · USD$15.24
1D+0.2%
1W+1.1%
1M+0.3%
3M-6.8%
6M+7.9%
YTDn/a
1Yn/a
ATR %4.7%
52w lowhigh12.7% off high

What National Healthcare Properties does

No business profile yet.

National Healthcare Properties at a glance

Size National Healthcare Properties (NHP) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $1.11B, the 2183rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $15.24 on 6 Nov 2026.

Performance Over six months the shares gained 7.9%, against -14.4% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue fell 0.5% over the last twelve months (peer median +2.6%); the operating margin is 9.5% (peer median 44.8%).

Valuation It trades at 1.05× book value against a peer median of 0.81× (7th most expensive of 21).

Price implies The share price implies a return on equity of about 16.3%; National Healthcare Properties delivers -5.3%, so the price asks more than the business earns today.

Short interest Short interest is 5.0% of the free float (15 Oct 2026).

Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012011 May 202611 Aug 20266 Nov 2026NHP 115Peer median 86
Six months, rebased to 100: National Healthcare Properties against the median of its 20 peers (local-currency closes).

National Healthcare Properties financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$344M$340M$354M$346M$336M
Revenue growth—-4%+2%+3%—
Gross profit$58.9M$45.1M-$77.3M$19.7M$15.0M
EBITDA$104M$98.6M-$22.4M$81.1M$82.1M
Net income-$44.9M-$57.6M-$190M-$72.3M-$79.5M
Free cash flow$23.8M-$21.8M-$102M-$773,000$302,000
Capital expenditure$27.0M$28.7M$21.9M$22.4M$28.0M
Total debt$861M$1.06B$1.17B$1.56B$1.14B

Quarterly statements and history in the cockpit →

National Healthcare Properties competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%-10%0%+10%8957LADRGOZMPTDEA8956AREIT8966WPRSKG39540089870778CY6U8986PDMNHP6-month return →1-month return →
Up and to the right = strong over both horizons. National Healthcare Properties is the large dot.

Fundamentals: return on equity against price-to-book

-5%0%5%10%0.50×10×8957LADRGOZMPTDEA8956AREIT8966WPRSKG89870778CY6U8986OPG3295PDMH13NHPReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. National Healthcare Properties is the large dot.

Capital: ROE delivered against the ROE the price implies

-5%0%5%10%15%0%10%8957LADRGOZMPTDEA8956AREIT8966WPRSKG0778CY6UOPGPDMH13NHPROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. National Healthcare Properties is the large dot.

National Healthcare Properties competitors and peer comparison

How National Healthcare Properties compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

National Healthcare Properties against its 20 peers (data as of 6 Nov 2026)
MeasureNHPPeer medianRank in peer set
1-month return+0.3%-1.7%7th highest of 21
6-month return+7.9%-14.4%2nd highest of 21
Return on equity-5.3%6.1%3rd lowest of 21
Price / book1.05×0.81×7th most expensive of 21
ROE the price implies16.3%5.3%most demanding of 21
ROE delivered-5.3%6.0%3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
National Healthcare Properties NHPUnited States$1.11B+8%-1%-5%1.05×16.3%-5.3%
TOKYU REIT 8957.TJapan$1.10B-6%+10%9%1.37×5.2%8.6%
Ladder Capital LADRUnited States$1.12B-13%+2%7%0.77×8.3%6.7%
Growthpoint Properties Australia GOZ.AXAustralia$1.09B-2%0%4%0.69×8.7%3.9%
Medical Properties Trust MPTUnited States$1.08B-65%+11%5%0.23×5.2%5.3%
Easterly Government Properties DEAUnited States$1.06B-4%+11%1%0.82×8.6%1.0%
NTT UD REIT Investment 8956.TJapan$1.06B-16%+14%6%1.15×4.8%6.1%
Altareit AREIT.PAFrance$1.06B-9%-20%-5%1.38×7.7%-5.4%
Heiwa Real Estate REIT 8966.TJapan$1.06B-15%+24%8%1.15×5.5%8.4%
Waypoint REIT WPR.AXAustralia$1.05B-2%-1%7%0.80×8.8%6.8%
Storage King SKG.AXAustralia$1.05B-17%0%7%0.64×7.8%6.5%
SK REIT 395400.KSSouth Korea$1.04B-30%+15%6%0.73×4.8%5.7%
Japan Excellent 8987.TJapan$1.04B-13%-18%6%1.09×4.6%6.0%
Fortune Real Estate Investment Trust 0778.HKHong Kong$1.19B-11%-9%0%0.37×4.5%-0.3%
CapitaLand India Trust CY6U.SISingapore$1.03B-15%-2%16%0.71×5.0%15.7%
Daiwa Securities Living Investment 8986.TJapan$1.22B-25%+42%7%1.02×5.4%7.1%
Mitsui Fudosan Retail Fund Investment 8964.TJapan$1.23B-16%-6%7%1.10×4.6%6.8%
Cpi Fim OPG.WAPoland$1.00B-16%-35%11%0.58×5.9%11.1%
Hulic Reit 3295.TJapan$1.23B-17%+5%6%0.96×4.6%5.9%
Piedmont Realty Trust PDMUnited States$1.23B+18%+3%-6%0.85×10.5%-5.9%
Ho Bee Land H13.SISingapore$978M-13%+5%3%0.33×2.6%2.7%

Questions

Which companies are National Healthcare Properties's closest peers?
The cockpit's peer set: TOKYU REIT (8957.T), Ladder Capital (LADR), Growthpoint Properties Australia (GOZ.AX), Medical Properties Trust (MPT), Easterly Government Properties (DEA), NTT UD REIT Investment (8956.T), Altareit (AREIT.PA), Heiwa Real Estate REIT (8966.T).
Is National Healthcare Properties expensive compared with its peers?
On price / book it trades at 1.05× against a peer median of 0.81×, 7th most expensive of 21 in its peer set. The share price implies a return on equity of about 16.3%; National Healthcare Properties delivers -5.3%, so the price asks more than the business earns today.
How has National Healthcare Properties stock performed?
Over six months to 6 Nov 2026 the shares returned +7.9% against -14.4% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.