Question 1

What is National Health Investors's WACC?

Accepted Answer

National Health Investors (NHI) has a Weighted Average Cost of Capital (WACC) of 7.79%. This is calculated using a Cost of Equity of 8.53% (via CAPM with a beta of 1.00) and a pre-tax Cost of Debt of 5.18%, with an equity weight of 78.06% in the capital structure.

Question 2

Is National Health Investors's WACC high or low?

Accepted Answer

National Health Investors's WACC of 7.79% is below the typical range of 8-12% for most companies, indicating relatively low cost of capital and lower risk. WACC is used as the discount rate in DCF valuations — a lower WACC results in higher present values of future cash flows.

Question 3

How is National Health Investors's WACC calculated?

Accepted Answer

National Health Investors's WACC is calculated using the formula: WACC = (E/V × Re) + (D/V × Rd × (1-T)). The Cost of Equity (Re) of 8.53% is derived from the CAPM model using a beta of 1.00. The pre-tax Cost of Debt (Rd) is 5.18%. The capital structure is 78.06% equity and 21.94% debt.

National Health Investors (NHI) — WACC 分析

WACC 构成

解读

National Health Investors（NHI）WACC：7.79%

WACC计算器

National Health Investors（NHI） WACC 解读

NHI 公司分析

NHI DCF 估值

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