HQY Relative Valuation
HQY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HQY is overvalued; if below, it's undervalued.
Historical Valuation
Healthequity Inc (HQY) is now in the Fair zone, suggesting that its current forward PE ratio of 24.06 is considered Fairly compared with the five-year average of 35.38. The fair price of Healthequity Inc (HQY) is between 94.94 to 174.18 according to relative valuation methord.
Relative Value
Fair Zone
94.94-174.18
Current Price：98.64
Fair
23.33
PE
1Y
3Y
5Y
Trailing
Forward
15.94
EV/EBITDA
Healthequity Inc. (HQY) has a current EV/EBITDA of 15.94. The 5-year average EV/EBITDA is 19.40. The thresholds are as follows: Strongly Undervalued below 10.57, Undervalued between 10.57 and 14.98, Fairly Valued between 23.81 and 14.98, Overvalued between 23.81 and 28.22, and Strongly Overvalued above 28.22. The current Forward EV/EBITDA of 15.94 falls within the Historic Trend Line -Fairly Valued range.
28.75
EV/EBIT
Healthequity Inc. (HQY) has a current EV/EBIT of 28.75. The 5-year average EV/EBIT is 142.69. The thresholds are as follows: Strongly Undervalued below -733.47, Undervalued between -733.47 and -295.39, Fairly Valued between 580.78 and -295.39, Overvalued between 580.78 and 1018.86, and Strongly Overvalued above 1018.86. The current Forward EV/EBIT of 28.75 falls within the Historic Trend Line -Fairly Valued range.
6.27
PS
Healthequity Inc. (HQY) has a current PS of 6.27. The 5-year average PS is 6.19. The thresholds are as follows: Strongly Undervalued below 4.16, Undervalued between 4.16 and 5.18, Fairly Valued between 7.21 and 5.18, Overvalued between 7.21 and 8.23, and Strongly Overvalued above 8.23. The current Forward PS of 6.27 falls within the Historic Trend Line -Fairly Valued range.
18.92
P/OCF
Healthequity Inc. (HQY) has a current P/OCF of 18.92. The 5-year average P/OCF is 26.73. The thresholds are as follows: Strongly Undervalued below 8.15, Undervalued between 8.15 and 17.44, Fairly Valued between 36.02 and 17.44, Overvalued between 36.02 and 45.31, and Strongly Overvalued above 45.31. The current Forward P/OCF of 18.92 falls within the Historic Trend Line -Fairly Valued range.
21.61
P/FCF
Healthequity Inc. (HQY) has a current P/FCF of 21.61. The 5-year average P/FCF is 41.33. The thresholds are as follows: Strongly Undervalued below -13.28, Undervalued between -13.28 and 14.03, Fairly Valued between 68.64 and 14.03, Overvalued between 68.64 and 95.94, and Strongly Overvalued above 95.94. The current Forward P/FCF of 21.61 falls within the Historic Trend Line -Fairly Valued range.
Healthequity Inc (HQY) has a current Price-to-Book (P/B) ratio of 3.97. Compared to its 3-year average P/B ratio of 3.36 , the current P/B ratio is approximately 18.35% higher. Relative to its 5-year average P/B ratio of 3.28, the current P/B ratio is about 21.09% higher. Healthequity Inc (HQY) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 3.77%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.33% , the current FCF yield is about -100.00% lower.
3.85
P/B
Median3y
3.36
Median5y
3.28
4.30
FCF Yield
Median3y
3.77
Median5y
3.33
Competitors Valuation Multiple
The average P/S ratio for HQY's competitors is , providing a benchmark for relative valuation. Healthequity Inc Corp (HQY) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 7.23%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of HQY decreased by 0.29% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 1.90 to 16.05.
The secondary factor is the Revenue Growth, contributed 7.23%to the performance.
Overall, the performance of HQY in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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