WallStSmart

American Healthcare REIT, Inc. (AHR)vsNational Health Investors Inc (NHI)

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Smart Verdict

WallStSmart Research — data-driven comparison

American Healthcare REIT, Inc. generates 495% more annual revenue ($2.26B vs $379.29M). NHI leads profitability with a 37.5% profit margin vs 3.1%. NHI trades at a lower P/E of 27.3x. NHI earns a higher WallStSmart Score of 48/100 (D+).

AHR

Hold

46

out of 100

Grade: D+

Growth: 6.0Profit: 4.5Value: 3.0Quality: 5.0
Piotroski: 5/9Altman Z: 0.62

NHI

Hold

48

out of 100

Grade: D+

Growth: 4.0Profit: 8.0Value: 4.7Quality: 7.5
Piotroski: 3/9Altman Z: 2.46
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AHRSignificantly Overvalued (-162.1%)

Margin of Safety

-162.1%

Fair Value

$19.66

Current Price

$47.94

$28.28 premium

UndervaluedFair: $19.66Overvalued
NHISignificantly Overvalued (-329.6%)

Margin of Safety

-329.6%

Fair Value

$20.54

Current Price

$83.12

$62.58 premium

UndervaluedFair: $20.54Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHR1 strengths · Avg: 8.0/10
Price/BookValuation
2.7x8/10

Reasonable price relative to book value

NHI3 strengths · Avg: 9.3/10
Profit MarginProfitability
37.5%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
62.5%10/10

Strong operational efficiency at 62.5%

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

AHR4 concerns · Avg: 3.0/10
EPS GrowthGrowth
3.1%4/10

3.1% earnings growth

Return on EquityProfitability
2.5%3/10

ROE of 2.5% — below average capital efficiency

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

P/E RatioValuation
114.9x2/10

Premium valuation, high expectations priced in

NHI4 concerns · Avg: 2.8/10
P/E RatioValuation
27.3x4/10

Moderate valuation

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
4.762/10

Expensive relative to growth rate

Revenue GrowthGrowth
-11.7%2/10

Revenue declined 11.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : AHR

The strongest argument for AHR centers on Price/Book. Revenue growth of 11.9% demonstrates continued momentum.

Bull Case : NHI

The strongest argument for NHI centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 37.5% and operating margin at 62.5%.

Bear Case : AHR

The primary concerns for AHR are EPS Growth, Return on Equity, Profit Margin. A P/E of 114.9x leaves little room for execution misses. Thin 3.1% margins leave little buffer for downturns.

Bear Case : NHI

The primary concerns for NHI are P/E Ratio, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

AHR profiles as a value stock while NHI is a declining play — different risk/reward profiles.

AHR carries more volatility with a beta of 0.94 — expect wider price swings.

AHR is growing revenue faster at 11.9% — sustainability is the question.

NHI generates stronger free cash flow (59M), providing more financial flexibility.

Bottom Line

NHI scores higher overall (48/100 vs 46/100), backed by strong 37.5% margins. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American Healthcare REIT, Inc.

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

American Healthcare REIT, Inc. is a prominent real estate investment trust focused on the acquisition and management of a diversified portfolio of high-quality healthcare facilities across the United States. Specializing in senior housing, skilled nursing, and medical office properties, the company collaborates with leading operators to guarantee stable cash flows and sustainable growth. By prioritizing the enhancement of resident and patient quality of life, American Healthcare REIT is strategically positioned to benefit from the expanding healthcare real estate sector, presenting a compelling investment opportunity for institutional investors in an essential services market.

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National Health Investors Inc

REAL ESTATE · REIT - HEALTHCARE FACILITIES · USA

Incorporated in 1991, National Health Investors, Inc. (NYSE: NHI) is a real estate investment trust specializing in the sale and leaseback, joint ventures, mortgages, and interim financing of discretionary and medical-based home and investment investments. in needs.

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