Agilon Health, Inc. (AGL) vs InnovAge Holding Corp. (INNV)

Agilon Health, Inc. and InnovAge Holding Corp. are both Medical Care Facilities companies. Agilon Health, Inc. and InnovAge Holding Corp. are of similar size ($1.3B and $1.2B). InnovAge Holding Corp. grew revenue faster over the last twelve months: 15.9% against 0.32%. InnovAge Holding Corp. has the higher net margin (−0.26% vs −3.92%) and the higher return on invested capital (1.06% vs −34,218.2%). Across the 18 metrics below, InnovAge Holding Corp. leads on 13 and Agilon Health, Inc. on 5.

Valuation

Metric AGL INNV Medical Care Facilities median
P/E n/m n/m 19.16
P/S 0.23 1.23 0.90
P/B 5.93 5.12 2.91
Price to free cash flow n/m 24.10 12.62
EV/EBITDA n/m 46.32 10.06
EV/Sales 0.19 1.15 1.35
Earnings yield (17.63%) (0.22%) 2.30%
Free cash flow yield (7.86%) 4.15% 4.14%

Profitability

Metric AGL INNV Medical Care Facilities median
Gross margin 0.23% 23.01% 30.78%
Operating margin (5.23%) 0.26% 5.74%
Net margin (3.92%) (0.26%) 2.32%
Free cash flow margin (1.79%) 5.47% 5.46%
Return on equity (72.97%) (1.06%) 8.76%
Return on assets (14.06%) (0.47%) 2.18%
Return on invested capital (34,218.16%) 1.06% 5.40%

Growth

Metric AGL INNV Medical Care Facilities median
Revenue growth (TTM) 0.32% 15.93% 7.12%
EPS growth (last fiscal year) (50.79%) 90.91% —
Revenue growth, 5-year CAGR 31.28% 9.19% 9.58%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AGL INNV Medical Care Facilities median
Debt to equity 0.13 0.24 0.30
Current ratio 1.08 1.05 1.22
Net debt to EBITDA 0.58 (3.47) 1.32

Dividend

Metric AGL INNV Medical Care Facilities median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric AGL INNV Medical Care Facilities median
Market cap 1.27b 1.21b 1.34b

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