— Know what they know.
Not Investment Advice

NHPAP NASDAQ

National Healthcare Properties, Inc.
1W: +0.0% 1M: +0.3% 3M: +12.5% YTD: +36.4% 1Y: +41.8% 3Y: +102.6% 5Y: +50.9%
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NASDAQ · Real Estate · REIT - Healthcare Facilities · $714.7M mcap · 28M float · 0.066% daily turnover · Short 42% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

NO EDGE
26.9 / 100
NoneWeakNarrowWide
Primary source: Cost Advantage  ·  ROIC: 0.7%  ·  5Y Avg: -5.2%
Cost Advantage ★
45
Intangibles
14
Switching Cost
16
Network Effect
24
Scale
45
The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. NHPAP has No discernible competitive edge (26.9/100). The business operates without significant structural advantages. The primary source of advantage is Cost Advantage. ROIC of 0.7% suggests modest returns relative to capital deployed.

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 30 Grade D
Profitability
6
Balance Sheet
50
Earnings Quality
64
Growth
67
Value
49
Momentum
64
Safety
0
Cash Flow
35
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. NHPAP scores highest in Growth (67/100) and lowest in Safety (0/100). A grade of D flags significant fundamental concerns across multiple dimensions.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
-0.25
Distress Zone
Piotroski F-Score
4/9
✗ ✓ ✓ ✓ ✓ ✗ ✗ ✗ ✗
Beneish M-Score
-11.00
Unlikely Manipulator
Ohlson O-Score
-7.06
Bankruptcy prob: 0.1%
Low Risk
Credit Rating
CCC
Score: 15.0/100
Trend: Deteriorating
Earnings Quality
—
OCF/NI: -1.13x
Accruals: -5.1%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. NHPAP scores -0.25, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. NHPAP scores 4/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. NHPAP's score of -11.00 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. NHPAP's implied 0.1% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. NHPAP receives an estimated rating of CCC (score: 15.0/100), with a deteriorating trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
-13.43x
PEG
-0.29x
P/S
2.08x
P/B
1.47x
P/FCF
58.62x
P/OCF
27.47x
EV/EBITDA
19.04x
EV/Revenue
5.67x
EV/EBIT
62.65x
EV/FCF
82.11x
Earnings Yield
-3.22%
FCF Yield
1.71%
Shareholder Yield
3.05%
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. NHPAP currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
1.005
NI / EBT
×
Interest Burden
-1.435
EBT / EBIT
×
EBIT Margin
0.091
EBIT / Rev
×
Asset Turnover
0.184
Rev / Assets
×
Equity Multiplier
2.196
Assets / Equity
=
ROE
-5.3%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. NHPAP's ROE of -5.3% is driven by Asset Turnover (0.184), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.00 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1698 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$25.24
Median 1Y
$25.12
5th Pctile
$13.04
95th Pctile
$49.30
Ann. Volatility
41.9%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
ROE -8.9% -8.6% -9.7% -9.9% -8.1% -7.8% -7.0% -7.1% -6.8% -7.7% -8.0% -20.2% -24.1% -24.0% -22.6% -11.4% -7.8% -9.0% -9.5% -5.3% -5.28%
ROA -3.8% -3.8% -4.3% -4.6% -3.6% -3.6% -3.2% -3.2% -3.0% -3.3% -3.4% -8.0% -9.5% -9.3% -8.9% -4.1% -2.8% -3.2% -3.4% -2.4% -2.41%
ROIC -1.2% -1.4% -2.0% -2.1% -1.3% -1.2% -0.7% -0.4% -0.1% -0.2% -0.3% -4.5% -5.5% -5.4% -5.1% -0.7% 0.4% 0.2% 0.0% 0.7% 0.73%
ROCE -0.4% -0.6% -1.4% -1.6% -1.9% -1.7% -0.9% -0.4% -0.1% -0.3% -0.4% -0.4% -1.5% -1.4% -0.6% -0.8% 1.0% 1.6% 1.4% 1.9% 1.90%
Gross Margin 37.5% 35.1% 36.5% 37.3% 38.7% 33.4% 38.3% 37.8% 36.6% 35.5% 37.5% 38.1% 36.6% 37.8% 33.4% 36.9% 37.3% 37.2% 38.7% -2.5% -2.53%
Operating Margin -34.9% -9.2% -15.1% -7.1% -10.0% -5.5% 2.1% 0.9% -1.1% -7.6% -1.3% -1.1% -23.5% -1.2% 15.1% -6.5% 2.8% -7.8% 11.8% 10.2% 10.22%
Net Margin -48.9% -23.4% -27.9% -21.0% -23.8% -22.0% -16.1% -20.1% -18.8% -28.6% -17.6% -1.3% -45.8% -19.4% -1.8% -24.4% -14.6% -26.9% -5.0% -6.1% -6.12%
EBITDA Margin 21.7% 15.6% 10.5% 17.5% 17.2% 19.4% 25.1% 25.5% 23.9% 14.3% 24.5% 26.2% -2.3% 24.0% 45.2% 15.9% 30.6% 27.0% 32.7% 28.8% 28.78%
FCF Margin 3.0% 6.0% 3.8% 4.2% 2.9% 0.1% -0.3% -0.8% -0.5% -0.2% -1.4% -1.3% -30.0% -28.8% -35.8% -35.9% -5.5% -6.4% 2.6% 6.9% 6.91%
OCF Margin 7.7% 11.8% 9.3% 10.5% 10.2% 8.4% 8.1% 7.4% 6.8% 6.3% 5.5% 5.7% -23.0% -22.6% -29.4% -29.3% 1.0% 2.0% 10.9% 14.7% 14.74%
ROE 3Y Avg snapshot only -13.16%
ROE 5Y Avg snapshot only -11.33%
ROA 3Y Avg snapshot only -5.00%
ROIC 3Y Avg snapshot only -4.22%
ROIC Economic snapshot only 0.62%
Cash ROA snapshot only 2.57%
Cash ROIC snapshot only 3.15%
CROIC snapshot only 1.47%
NOPAT Margin snapshot only 3.42%
Pretax Margin snapshot only -12.99%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 7.64%
SBC / Revenue snapshot only 1.11%
Valuation
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
P/E Ratio — — — — — — — — — — — — -2.06 -1.96 -2.13 -5.02 -9.93 -9.20 -8.70 -31.03 -13.426
P/S Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.16 1.05 1.06 1.15 1.49 1.55 1.54 4.05 2.076
P/B Ratio — — — — — — — — — — — — 0.58 0.54 0.55 0.62 0.82 0.88 0.89 1.32 1.475
P/FCF 0.00 0.00 0.00 0.00 0.00 0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -3.85 -3.65 -2.97 -3.21 -27.10 -24.34 59.22 58.62 58.623
P/OCF 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — — — — 149.53 76.25 14.12 27.47 27.468
EV/EBITDA 15.60 14.97 18.01 19.27 20.62 19.55 16.30 14.63 13.77 14.74 15.11 15.02 28.41 23.45 17.00 19.49 14.97 14.83 16.15 19.04 19.045
EV/Revenue 3.40 3.14 3.11 3.15 3.14 3.17 3.24 3.20 3.24 3.27 3.33 3.34 4.45 4.24 3.93 4.01 4.33 4.41 4.29 5.67 5.671
EV/EBIT -183.11 -96.71 -44.15 -39.25 -33.62 -38.42 -76.83 -148.52 -1012.26 -188.64 -168.49 -167.92 -53.30 -74.46 -172.48 -97.43 89.04 70.71 78.11 62.65 62.649
EV/FCF 111.87 52.24 82.37 74.57 108.08 3521.29 -1203.78 -387.54 -645.12 -1463.97 -243.55 -257.55 -14.84 -14.74 -10.97 -11.16 -78.76 -69.29 165.40 82.11 82.115
Earnings Yield — — — — — — — — — — — — -48.5% -51.1% -46.9% -19.9% -10.1% -10.9% -11.5% -3.2% -3.22%
FCF Yield — — — — — — — — — — — — -26.0% -27.4% -33.7% -31.1% -3.7% -4.1% 1.7% 1.7% 1.71%
Price/Tangible Book snapshot only 1.322
EV/OCF snapshot only 38.475
EV/Gross Profit snapshot only 20.617
Acquirers Multiple snapshot only 130.998
Shareholder Yield snapshot only 3.05%
Leverage & Solvency
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Current Ratio 0.12 0.20 0.21 0.17 0.16 0.17 0.14 0.33 0.29 0.28 0.25 0.68 1.13 0.21 0.36 2.92 73.68 0.41 0.41 1.00 0.997
Quick Ratio 0.12 0.20 0.21 0.17 0.16 0.17 0.14 0.33 0.29 0.28 0.25 0.68 1.13 0.21 0.36 2.92 73.68 0.41 0.41 1.00 0.997
Debt/Equity 1.23 1.06 1.06 1.06 1.07 1.13 1.17 1.22 1.25 1.32 1.35 1.58 1.70 1.68 1.60 1.61 1.73 1.81 1.77 0.82 0.817
Net Debt/Equity 1.19 1.00 0.99 1.02 1.03 1.07 1.14 1.15 1.19 1.27 1.32 1.54 1.65 1.65 1.49 1.54 1.57 1.63 1.59 0.53 0.530
Debt/Assets 0.53 0.49 0.50 0.50 0.50 0.51 0.52 0.53 0.54 0.55 0.56 0.57 0.60 0.59 0.59 0.59 0.62 0.64 0.62 0.44 0.436
Debt/EBITDA 16.00 15.83 19.18 20.06 21.41 20.54 16.83 15.59 14.40 15.34 15.48 15.40 21.63 17.98 13.27 14.54 10.85 10.69 11.54 8.40 8.398
Net Debt/EBITDA 15.60 14.97 18.01 19.27 20.62 19.55 16.30 14.63 13.77 14.74 15.11 15.02 21.04 17.64 12.39 13.89 9.82 9.62 10.37 5.45 5.448
Interest Coverage -0.13 -0.22 -0.49 -0.56 -0.64 -0.53 -0.26 -0.12 -0.02 -0.09 -0.10 -0.11 -0.43 -0.29 -0.12 -0.22 0.27 0.34 0.30 0.52 0.517
Equity Multiplier 2.32 2.14 2.12 2.13 2.14 2.20 2.24 2.29 2.33 2.40 2.43 2.79 2.84 2.84 2.72 2.72 2.77 2.85 2.87 1.87 1.875
Cash Ratio snapshot only 0.910
Debt Service Coverage snapshot only 1.700
Cash to Debt snapshot only 0.351
FCF to Debt snapshot only 0.028
Defensive Interval snapshot only 1516.0 days
Efficiency & Turnover
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Asset Turnover 0.15 0.15 0.15 0.15 0.15 0.15 0.16 0.16 0.16 0.16 0.16 0.16 0.17 0.17 0.18 0.18 0.18 0.19 0.19 0.18 0.184
Inventory Turnover — — — — — — — — — — — — — — — — — — — — —
Receivables Turnover 14.24 13.96 13.79 13.63 13.62 13.67 13.66 13.47 13.44 13.41 13.44 13.44 14.32 14.39 12.99 12.49 12.71 12.78 11.60 11.73 11.730
Payables Turnover 4.66 4.84 5.07 5.34 4.97 4.85 5.24 5.22 4.82 4.65 4.96 2.37 3.37 3.21 4.37 2.34 3.36 3.26 4.39 5.28 5.279
DSO 26 26 26 27 27 27 27 27 27 27 27 27 25 25 28 29 29 29 31 31 31.1 days
DIO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 days
DPO 78 75 72 68 73 75 70 70 76 78 74 154 108 114 84 156 109 112 83 69 69.1 days
Cash Conversion Cycle -53 -49 -46 -42 -47 -49 -43 -43 -49 -51 -46 -127 -83 -88 -55 -127 -80 -83 -52 -38 -38.0 days
Fixed Asset Turnover snapshot only 47.173
Cash Velocity snapshot only 1.139
Capital Intensity snapshot only 5.740
Growth (YoY)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue -12.4% -13.7% -9.7% -5.4% -1.1% 2.0% 3.0% 2.9% 3.1% 3.0% 2.2% 2.3% 2.6% 2.3% 1.5% -0.3% -2.1% -3.3% -2.8% -1.2% -1.19%
Net Income 17.4% -12.4% -53.3% -81.4% 6.5% 6.7% 27.7% 30.4% 17.5% 9.0% -5.1% -1.5% -2.0% -1.6% -1.4% 53.7% 73.7% 69.6% 65.6% 43.9% 43.89%
EPS — — — — — — — — — — — — — — — — 73.7% 69.7% 65.7% 74.2% 74.22%
FCF -61.0% -0.5% -43.4% 8.8% -5.6% -98.5% -1.1% -1.2% -1.2% -3.6% -4.2% -60.6% -60.3% -130.6% -25.6% -26.6% 82.0% 78.6% 1.1% 1.2% 1.19%
EBITDA 1.3% 13.2% -21.3% -31.8% -31.0% -21.3% 18.6% 37.8% 59.2% 41.2% 13.3% 4.0% -31.7% -16.7% 6.4% -7.9% 81.0% 59.1% 11.7% 43.1% 43.10%
Op. Income 32.6% -88.4% -5.0% -81.8% -4.8% 15.7% 66.4% 81.1% 91.5% 84.6% 54.4% -9.5% -43.1% -24.5% -13.0% 86.7% 1.1% 1.0% 1.0% 2.0% 2.03%
OCF Growth snapshot only 1.50%
Asset Growth snapshot only 12.36%
Equity Growth snapshot only 62.92%
Debt Growth snapshot only -17.37%
Shares Change snapshot only 1.18%
Dividend Growth snapshot only -55.85%
Growth (CAGR)
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue 3Y — — — — — 52.6% 20.4% 5.7% -3.7% -3.2% -1.7% -0.2% 1.5% 2.4% 2.2% 1.6% 1.2% 0.6% 0.3% 0.2% 0.24%
Revenue 5Y — — — — — — — — — — — — — 30.2% 12.6% 3.8% -2.1% -2.2% -1.3% -0.4% -0.40%
EPS 3Y — — — — — — — — — — — — — — — — — — — — —
EPS 5Y — — — — — — — — — — — — — — — — — — — — —
Net Income 3Y — — — — — — — — — — — — — — — — — — — — —
Net Income 5Y — — — — — — — — — — — — — — — — — — — — —
EBITDA 3Y — — — — — — — 1.1% 36.8% 7.9% 1.9% -0.8% -9.1% -2.6% 12.6% 9.7% 25.3% 23.2% 10.4% 11.1% 11.10%
EBITDA 5Y — — — — — — — — — — — — — — — 55.7% 25.9% 10.8% 4.7% 5.2% 5.19%
Gross Profit 3Y — — — — — 55.5% 20.8% 6.1% -3.5% -2.5% -1.5% 0.2% 1.4% 2.4% 2.3% 1.2% 0.7% 0.4% 0.8% -9.2% -9.23%
Gross Profit 5Y — — — — — — — — — — — — — 32.4% 12.6% 3.5% -2.2% -2.1% -0.8% -5.9% -5.90%
Op. Income 3Y — — — — — — — — — — — — — — — — — — — — —
Op. Income 5Y — — — — — — — — — — — — — — — — — — — — —
FCF 3Y — — — — — -48.1% — — — — — — — — — — — — — — —
FCF 5Y — — — — — — — — — — — — — — — — — — -16.6% 13.0% 13.04%
OCF 3Y — — — — — 52.6% 0.6% -13.7% -22.1% -19.7% -19.5% -11.0% — — — — -53.4% -37.4% 10.7% 26.2% 26.22%
OCF 5Y — — — — — — — — — — — — — — — — -41.4% -30.2% 0.2% 12.5% 12.50%
Assets 3Y — — — — — -2.1% -3.2% -2.4% -2.4% -2.1% -2.1% -1.0% -3.6% -4.2% -5.8% -6.9% -7.2% -7.7% -7.9% -3.3% -3.30%
Assets 5Y — — — — — — — — — — — — — -3.5% -5.2% -5.6% -5.8% -5.6% -5.7% -1.9% -1.93%
Equity 3Y — — — — — -3.4% -1.6% -0.8% -1.3% -2.2% -3.0% -8.9% -9.9% -12.8% -13.2% -14.2% -14.9% -15.4% -15.1% 3.4% 3.42%
Book Value 3Y — — — — — — — — — — — — — — — — — — — — —
Dividend 3Y — — — — — — — — — — — — — — — — — — — — —
Growth Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Revenue Stability — 0.59 0.56 0.46 0.80 0.45 0.45 0.43 0.48 0.31 0.14 0.00 0.75 0.74 0.77 0.86 0.38 0.43 0.40 0.15 0.148
Earnings Stability — 0.92 0.51 0.02 0.91 0.66 0.06 0.03 0.96 0.33 0.02 0.36 0.26 0.56 0.43 0.11 0.00 0.06 0.07 0.00 0.000
Margin Stability — 0.96 1.00 1.00 0.99 0.96 0.99 0.99 0.99 0.98 0.99 0.99 0.99 0.97 0.99 0.99 0.99 0.98 0.99 0.88 0.882
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.000
Earn. Growth Consistency 0.50 0.00 0.00 0.00 1.00 0.50 0.50 0.50 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.000
FCF Positive Streak 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — 0.95 0.50 0.50 0.97 0.97 0.89 0.88 0.93 0.96 0.98 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.82 0.824
Earnings Smoothness — — — — — — — — — — — — — — — — — — — — —
ROE Trend — -0.02 -0.03 -0.02 0.02 0.00 0.01 0.00 0.01 0.00 -0.00 -0.14 -0.21 -0.20 -0.18 0.03 0.09 0.08 0.07 0.13 0.134
Gross Margin Trend — 0.02 -0.00 0.00 0.00 -0.00 0.00 0.00 -0.00 0.00 0.00 0.00 0.00 0.01 -0.00 -0.01 -0.00 -0.01 0.01 -0.09 -0.090
FCF Margin Trend — 0.02 -0.02 -0.01 -0.02 -0.06 -0.05 -0.05 -0.03 -0.03 -0.03 -0.03 -0.31 -0.29 -0.35 -0.35 0.10 0.08 0.21 0.26 0.255
Sustainable Growth Rate — — — — — — — — — — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
OCF/Net Income -0.30 -0.46 -0.32 -0.35 -0.42 -0.36 -0.39 -0.36 -0.36 -0.30 -0.26 -0.11 0.41 0.42 0.59 1.27 -0.07 -0.12 -0.62 -1.13 -1.130
FCF/OCF 0.39 0.51 0.40 0.40 0.29 0.01 -0.03 -0.11 -0.07 -0.04 -0.25 -0.23 1.31 1.27 1.22 1.23 -5.52 -3.13 0.24 0.47 0.469
FCF/Net Income snapshot only -0.529
OCF/EBITDA snapshot only 0.495
CapEx/Revenue 4.7% 5.8% 5.6% 6.3% 7.3% 8.3% 8.3% 8.2% 7.3% 6.5% 6.9% 7.0% 7.0% 6.2% 6.4% 6.6% 6.5% 8.4% 8.3% 7.8% 7.83%
CapEx/Depreciation snapshot only 0.378
Accruals Ratio -0.05 -0.06 -0.06 -0.06 -0.05 -0.05 -0.04 -0.04 -0.04 -0.04 -0.04 -0.09 -0.06 -0.05 -0.04 0.01 -0.03 -0.04 -0.06 -0.05 -0.051
Sloan Accruals snapshot only -0.086
Cash Flow Adequacy snapshot only 1.263
Dividends & Buybacks
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Dividend Yield — — — — — — — — — — — — 3.4% 3.7% 3.7% 3.4% 2.6% 2.5% 2.5% 0.9% 7.30%
Dividend/Share — — — — — — — — — — — — $0.49 $0.49 $0.49 $0.49 $0.48 $0.47 $0.47 $0.21 $1.84
Payout Ratio — — — — — — — — — — — — — — — — — — — — —
FCF Payout Ratio 39.5% 26.0% 62.4% 75.3% 1.3% 45.7% — — — — — — — — — — — — 1.5% 55.5% 55.51%
Total Payout Ratio — — — — — — — — — — — — — — — — — — — — —
Div. Increase Streak 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0
Chowder Number — — — — — — — — — — — — 0.03 0.04 0.04 0.03 0.01 -0.00 -0.01 -0.03 -0.029
Buyback Yield — — — — — — — — — — — — 0.0% 0.0% 0.0% 0.4% 0.9% 1.0% 1.0% 2.1% 2.10%
Net Buyback Yield — — — — — — — — — — — — 0.0% 0.0% 0.0% 0.4% 0.9% 1.0% 1.0% -33.7% -33.73%
Total Shareholder Return — — — — — — — — — — — — 3.4% 3.7% 3.7% 3.9% 3.5% 3.6% 3.6% -32.8% -32.78%
DuPont Factors
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Tax Burden (NI/EBT) 1.05 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.005
Interest Burden (EBT/EBIT) 13.04 7.97 4.19 3.78 2.57 2.87 4.89 9.47 59.95 12.01 10.72 24.89 6.72 9.44 21.96 5.58 -3.07 -2.70 -3.21 -1.43 -1.435
EBIT Margin -0.02 -0.03 -0.07 -0.08 -0.09 -0.08 -0.04 -0.02 -0.00 -0.02 -0.02 -0.02 -0.08 -0.06 -0.02 -0.04 0.05 0.06 0.05 0.09 0.091
Asset Turnover 0.15 0.15 0.15 0.15 0.15 0.15 0.16 0.16 0.16 0.16 0.16 0.16 0.17 0.17 0.18 0.18 0.18 0.19 0.19 0.18 0.184
Equity Multiplier 2.36 2.26 2.24 2.15 2.23 2.17 2.18 2.21 2.23 2.29 2.33 2.51 2.55 2.59 2.55 2.76 2.81 2.85 2.79 2.20 2.196
Per Share
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
EPS (Diluted TTM) — — — — — — — — — — — — $-6.98 $-6.70 $-6.21 $-2.83 $-1.83 $-2.03 $-2.13 $-0.73 $-0.73
Book Value/Share — — — — — — — — — — — — $24.84 $24.19 $23.84 $22.87 $22.17 $21.18 $20.90 $17.11 $17.16
Tangible Book/Share — — — — — — — — — — — — $14.57 $22.24 $14.78 $14.03 $13.40 $21.18 $12.20 $17.11 $17.11
Revenue/Share — — — — — — — — — — — — $12.47 $12.50 $12.44 $12.31 $12.21 $12.08 $12.07 $5.59 $5.59
FCF/Share — — — — — — — — — — — — $-3.74 $-3.60 $-4.45 $-4.42 $-0.67 $-0.77 $0.31 $0.39 $0.39
OCF/Share — — — — — — — — — — — — $-2.86 $-2.82 $-3.66 $-3.60 $0.12 $0.25 $1.31 $0.82 $0.82
Cash/Share — — — — — — — — — — — — $1.16 $0.77 $2.52 $1.67 $3.62 $3.83 $3.76 $4.91 $4.91
EBITDA/Share — — — — — — — — — — — — $1.95 $2.26 $2.87 $2.53 $3.54 $3.59 $3.21 $1.66 $1.66
Debt/Share — — — — — — — — — — — — $42.26 $40.62 $38.16 $36.82 $38.34 $38.39 $37.00 $13.98 $13.98
Net Debt/Share — — — — — — — — — — — — $41.10 $39.86 $35.63 $35.16 $34.72 $34.56 $33.24 $9.07 $9.07
Academic Models
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Altman Z-Score — — — — — — — — — — — — — — — — — — — — -0.248
Altman Z-Prime snapshot only -1.527
Piotroski F-Score 6 6 5 6 8 5 6 7 6 7 5 6 3 3 3 3 6 5 6 4 4
Beneish M-Score -2.82 -2.66 -2.64 -2.83 -2.70 -2.65 -2.66 -2.67 -2.61 -2.72 -2.72 -2.91 -2.91 -2.96 -2.56 -2.39 -2.37 -2.47 -2.76 -11.00 -11.000
Ohlson O-Score snapshot only -7.060
ROIC (Greenblatt) snapshot only 4.83%
Net-Net WC snapshot only $-9.54
EVA snapshot only $-149495350.00
Credit
Metric Trend Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Current
Credit Rating snapshot only CCC
Credit Score 7.99 7.92 7.99 7.97 8.01 7.96 7.35 7.34 7.37 7.32 7.31 7.48 10.82 6.17 6.16 18.95 23.07 8.54 9.28 15.00 15.000
Credit Grade snapshot only 17
Credit Trend snapshot only -3.955
Implied Spread (bps) snapshot only 1200.000
Industry Credit Rank snapshot only 4
Sector Credit Rank snapshot only 8

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