Professional
Added to YB: 2024-09-17
Pitch date: 2024-09-15
NWH-UN.TO [bullish]
NorthWest Healthcare Properties Real Estate Investment Trust
+3.45%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
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.
Market Cap
CAD 1.2B
Pitch Price
CAD 4.99
Price Target
N/A
Dividend
7.29%
EV/EBITDA
17.03
P/E
-2.71
EV/Sales
11.05
Sector
Health Care REITs
Category
turnaround
Laggard REITs that offer opportunity - NorthWest Healthcare Properties Real Estate Investment Trust
NWH-UN.TO: Healthcare REIT recovering post-distribution cut. New mgmt, UK asset sale at low cap rate reduced debt. 12.9yr avg lease, 80% retention, 85% indexed rents. Trading at discount to NAV. Medical office demand strong. Upcoming refinancing could lower costs. Payout ratio to improve. Lagging peers offers opportunity.
Read full article (2 min)