Alignment Healthcare, Inc. (ALHC) vs Marpai, Inc. (MRAI)

Alignment Healthcare, Inc. and Marpai, Inc. are both Healthcare Plans companies. Alignment Healthcare, Inc. is the larger, with a market value of $1.6B against $5.2M — 304.3× the size. Marpai, Inc. has negative trailing earnings, so its P/E is not meaningful; Alignment Healthcare, Inc. trades at 39.1×. Alignment Healthcare, Inc. grew revenue faster over the last twelve months: 37.2% against −29.7%. Alignment Healthcare, Inc. has the higher net margin (0.89% vs −101.5%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, Alignment Healthcare, Inc. leads on 12 and Marpai, Inc. on 3.

Valuation

Metric ALHC MRAI Healthcare Plans median
P/E 39.10 n/m 23.75
P/S 0.37 4.93 0.40
P/B 6.42 n/m 2.48
Price to free cash flow 9.59 n/m 11.15
EV/EBITDA 15.14 n/m 10.94
EV/Sales 0.29 5.17 0.37
Earnings yield 2.56% (24.29%) 3.25%
Free cash flow yield 10.42% (11.32%) 8.15%

Profitability

Metric ALHC MRAI Healthcare Plans median
Gross margin 12.55% 25.86% 19.04%
Operating margin 1.20% (81.83%) 1.93%
Net margin 0.89% (101.51%) 1.04%
Free cash flow margin 3.88% (52.33%) 3.18%
Return on equity 20.04% 47.39% 12.48%
Return on assets 3.57% (164.52%) 2.98%
Return on invested capital 0.00% 0.00% 2.04%

Growth

Metric ALHC MRAI Healthcare Plans median
Revenue growth (TTM) 37.21% (29.73%) 7.57%
EPS growth (last fiscal year) 100.00% 50.52% —
Revenue growth, 5-year CAGR 32.71% — 11.88%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALHC MRAI Healthcare Plans median
Debt to equity 1.22 (0.27) 0.70
Current ratio 1.70 0.38 1.32
Net debt to EBITDA (6.15) (0.37) 0.05

Dividend

Metric ALHC MRAI Healthcare Plans median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric ALHC MRAI Healthcare Plans median
Market cap 1.57b 5.16m 20.34b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack