COMP <GO>
BNL vs NHI // EV/EBITDA & P/E VALUATION
Broadstone Net Lease Inc. (NYSE) VS. National Health Investors Inc. (NYSE) • 15-METRIC TALLY: BNL 4
— NHI 5
■ METRIC PARITY
LAST: $17.40 (+3.20%) • MKT CAP: $3.34B
valuation
31.0x
LAST: $66.95 (+1.93%) • MKT CAP: $3.29B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BNL VS. NHI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BNL | NHI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 2.30% | 9.30% | -7.00 | NHI | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 31.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.08% | -1.75% | +9.83 | BNL | /fcf-yield <GO> |
| Operating Margin | 25.90% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 21.20% | 68.00% | -46.80 | NHI | /net-margins <GO> |
| Revenue Growth (YoY) | 5.20% | 47.10% | -41.90 | NHI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 6.55% | 5.16% | +1.39 | BNL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 5/9 | +3.00 | BNL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 40.0 | 51.6 | -11.62 | NHI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.06 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 32.2x | 19.4x | +12.80 | NHI | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.34B | $3.29B | $52.6M | BNL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BNL REV | NHI REV | BNL GROSS % | NHI GROSS % | BNL FCF | NHI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $454.1M | $80.1M | — | — | $269.8M | -$57.5M |
| FY 2024 | $431.8M | $54.4M | — | — | $259.5M | $49.8M |
| FY 2023 | $442.9M | $48.8M | — | — | $251.1M | $184.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BNL // BETA 1.06
NHI // BETA —