NorthWest Healthcare Properties REIT (NWH.UN) AI Stock Analysis

• Market Cap: $1.28B
• Dividend Yield: 7.06%
• Average Volume (3M): 631.92K
• Price to Earnings (P/E): 25.5
• Beta (1Y): 0.91
• Revenue Growth: -13.30%
• EPS Growth: N/A
• Country: CA
• Employees: 213
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Healthcare Facilities
• EPS (TTM): 0.06
• Shares Outstanding: 249,992,680
• 10 Day Avg. Volume: 546,275
• 30 Day Avg. Volume: 631,923
• PEG Ratio: 0.26
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 2.37
• P/FCF Ratio: 12.79
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $5.28
• Price Target Upside: 3.46% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): $520.98M

• Rating: 54 Neutral
• Price Target: C$5.00 ▼(-1.96% Downside)

The overall stock score of 54 reflects significant financial challenges, including declining revenues and high leverage. Technical indicators suggest a bearish trend, while the valuation is moderately attractive due to a high dividend yield. The lack of earnings call data and notable corporate events limits additional insights.

Positive Factors

Resilient Sector Focus

The focus on healthcare properties provides a stable income stream, as demand for medical services remains steady, offering durability in revenue generation.

Strategic Partnerships

Partnerships with healthcare providers enable expansion and diversification, supporting long-term growth and strengthening market position.

Efficient Cash Generation

Efficient cash generation supports financial stability and provides resources for reinvestment and debt servicing, crucial for long-term operations.

Negative Factors

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth opportunities.

Declining Revenue

A significant decline in revenue affects profitability and cash flow, challenging the company's ability to sustain operations and growth.

Negative Profitability

Negative profitability indicates operational inefficiencies and financial strain, potentially hindering long-term sustainability and investor confidence.

NorthWest Healthcare Properties REIT Business Overview & Revenue Model

Company Description

NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at September 30, 2020, the REIT provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 190 income-producing properties and 15.4 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand. The REIT's portfolio of medical office buildings, clinics, and hospitals is characterized by long term indexed leases and stable occupancies. With a fully integrated and aligned senior management team, the REIT leverages over 200 professionals across nine offices in 5 countries to serve as a long-term real estate partner to leading healthcare operators.

How the Company Makes Money

NorthWest Healthcare Properties REIT generates revenue primarily through rental income from its portfolio of healthcare properties. The company enters into long-term lease agreements with healthcare operators, which provide consistent cash flow. Additionally, NWH.UN may earn income through property management services and development projects. The REIT benefits from its focus on the healthcare sector, which tends to be more resilient during economic downturns, as demand for medical services remains relatively stable. Strategic partnerships with healthcare providers and institutions further enhance its revenue opportunities, allowing for expansion and diversification of its asset base.

NorthWest Healthcare Properties REIT Financial Statement Overview

Summary

NorthWest Healthcare Properties REIT faces challenges with declining revenues and profitability, as evidenced by negative net profit margins and high leverage. However, the company demonstrates strong gross profit margins and improved cash flow generation. The balance sheet's high debt levels pose potential risks, but efficient cash management provides some stability.

Income Statement

The income statement shows a declining revenue trend with a negative revenue growth rate of -3.10% TTM. Gross profit margin remains strong at 71.94% TTM, but net profit margin is negative at -24.67% TTM, indicating profitability issues. EBIT and EBITDA margins are also low, reflecting operational challenges.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.81 TTM, indicating significant leverage. Return on equity is negative at -6.56% TTM, highlighting profitability concerns. The equity ratio is moderate, suggesting a balanced asset structure but with potential risks due to high leverage.

Cash Flow

Cash flow analysis shows a positive free cash flow growth rate of 40.37% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.19 TTM, suggesting challenges in converting income to cash. The free cash flow to net income ratio is strong at 0.99 TTM, reflecting efficient cash management despite net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	421.65M	462.40M	508.00M	448.83M	374.61M	373.82M
Gross Profit	314.16M	349.41M	386.62M	348.35M	306.06M	297.46M
EBITDA	207.50M	-168.34M	-263.91M	359.82M	358.40M	393.93M
Net Income	49.70M	-299.76M	-347.69M	125.63M	611.84M	314.36M
Balance Sheet
Total Assets	6.04B	6.05B	7.63B	8.51B	7.06B	5.85B
Cash, Cash Equivalents and Short-Term Investments	77.43M	51.25M	72.03M	87.99M	62.70M	144.11M
Total Debt	2.91B	3.01B	3.92B	3.68B	2.94B	2.79B
Total Liabilities	3.40B	3.47B	4.54B	4.77B	3.54B	3.31B
Stockholders Equity	1.62B	1.56B	1.99B	2.46B	2.39B	1.64B
Cash Flow
Free Cash Flow	123.02M	85.76M	104.67M	223.56M	124.48M	188.53M
Operating Cash Flow	124.80M	86.64M	104.77M	224.18M	124.97M	188.77M
Investing Cash Flow	243.11M	540.08M	194.27M	-1.36B	-914.83M	-628.53M
Financing Cash Flow	-357.17M	-650.57M	-318.50M	1.18B	711.19M	397.61M

NorthWest Healthcare Properties REIT Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.10
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NWH.UN, the sentiment is Neutral. The current price of 5.1 is below the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.17, and above the 200-day MA of 4.87, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 42.97 is Neutral, neither overbought nor oversold. The STOCH value of 16.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NWH.UN.

NorthWest Healthcare Properties REIT Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRG.UN	76 Outperform	C$904.78M	7.43	6.37%	4.41%	3.83%	63.32%
KMP.UN	71 Outperform	C$1.99B	3.65	18.10%	4.42%	6.19%	79.98%
MI.UN	69 Neutral	C$491.25M	6.59	7.26%	3.87%	-1.21%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CSH.UN	65 Neutral	C$6.47B	215.56	1.99%	2.97%	28.05%	662.10%
NWH.UN	54 Neutral	$1.28B	25.54	3.01%	7.06%	-13.30%	―
IIP.UN	47 Neutral	C$1.85B	-18.50	-4.40%	3.01%	1.55%	-401.05%

NorthWest Healthcare Properties REIT Corporate Events

Northwest Healthcare Properties REIT Declares November 2025 Distribution

Northwest Healthcare Properties REIT announced a distribution of $0.03 per unit for November 2025, equating to $0.36 per unit annually, payable on December 15, 2025. This announcement reflects the company’s ongoing commitment to providing stable returns to its unitholders, leveraging its diversified portfolio of healthcare properties across major global markets.

Northwest Healthcare Properties REIT Reports Strong Q3 2025 Results and Strategic Advancements

Northwest Healthcare Properties REIT reported strong Q3 2025 results, with notable advancements in its portfolio strategy. The company achieved a net income of $31.2 million, a significant improvement from a net loss in the previous year, driven by lower interest expenses and positive fair value adjustments. The REIT’s strategic moves include internalizing Vital and exploring alternatives for its European portfolio to reduce costs and simplify operations. Despite a slight decrease in revenue due to asset dispositions, the REIT saw a 4.4% increase in Same Property Net Operating Income, reflecting steady growth across all regions. The REIT’s leverage decreased, and operating performance remained robust with a high occupancy rate. Additionally, the REIT’s second-largest tenant, Healthscope, has resolved its rent deferral arrangement, and all outstanding rents have been paid.

Northwest Healthcare REIT to Internalize Vital’s Management for NZ$214 Million

Northwest Healthcare Properties REIT has announced a conditional agreement to internalize management rights at Vital Healthcare Property Trust for NZ$214 million. This strategic move is expected to deliver operational and financial benefits, aligning with Northwest’s strategy to simplify its business and reallocate capital to North America. The transaction will enhance returns for unitholders and strengthen Vital’s position in the Australasian healthcare infrastructure market. Northwest plans to use the proceeds to reduce leverage and pursue growth initiatives, while maintaining a significant equity interest in Vital post-capital raise. The internalization is anticipated to complete by December 31, 2025, subject to regulatory approvals and a successful capital raise by Vital.

Northwest Healthcare Properties REIT Declares October 2025 Distribution

Northwest Healthcare Properties REIT announced a distribution of $0.03 per unit for October 2025, equating to $0.36 annually, payable to unitholders on November 14, 2025. This announcement reflects the company’s ongoing commitment to providing stable returns to its investors and reinforces its position as a leading real estate partner in the healthcare sector.

Northwest Healthcare Properties REIT to Announce Q3 2025 Financial Results

Northwest Healthcare Properties REIT announced it will release its financial results for the third quarter of 2025 on November 11, 2025, after market close. The company will hold a conference call on November 12, 2025, to discuss these results. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic positioning within the healthcare real estate sector.

Northwest Healthcare Properties REIT Declares September 2025 Distribution

Northwest Healthcare Properties REIT announced a distribution of $0.03 per unit for September 2025, amounting to $0.36 per unit annually. This decision reflects the company’s ongoing commitment to delivering stable returns to its stakeholders and reinforces its position as a reliable partner in the healthcare real estate sector.