Astrana Health, Inc. (ASTH) vs Healthcare Services Group, Inc. (HCSG)

Astrana Health, Inc. and Healthcare Services Group, Inc. are both Medical Care Facilities companies. Astrana Health, Inc. is the larger, with a market value of $1.7B against $1.4B — 1.2× the size. Healthcare Services Group, Inc. trades at the lower P/E: 12.2× against 43.6×. Astrana Health, Inc. grew revenue faster over the last twelve months: 58.9% against 5.22%. Healthcare Services Group, Inc. has the higher net margin (6.59% vs 1.05%) and the higher return on invested capital (25.1% vs 4.56%). Both pay a dividend; Healthcare Services Group, Inc. yields more (2.12% vs 0.22%). Across the 23 metrics below, Healthcare Services Group, Inc. leads on 18 and Astrana Health, Inc. on 5.

Valuation

Metric ASTH HCSG Medical Care Facilities median
P/E 43.64 12.17 19.16
P/S 0.46 0.78 0.90
P/B 2.12 2.79 2.91
Price to free cash flow 18.85 9.73 12.62
EV/EBITDA 13.77 8.88 10.06
EV/Sales 0.60 0.68 1.35
Earnings yield 2.29% 8.22% 2.30%
Free cash flow yield 5.31% 10.27% 4.14%

Profitability

Metric ASTH HCSG Medical Care Facilities median
Gross margin 10.46% 17.11% 30.78%
Operating margin 2.61% 6.85% 5.74%
Net margin 1.05% 6.59% 2.32%
Free cash flow margin 2.46% 7.98% 5.46%
Return on equity 5.03% 24.69% 8.76%
Return on assets 2.18% 15.15% 2.18%
Return on invested capital 4.56% 25.12% 5.40%

Growth

Metric ASTH HCSG Medical Care Facilities median
Revenue growth (TTM) 58.91% 5.22% 7.12%
EPS growth (last fiscal year) (48.89%) 52.83% —
Revenue growth, 5-year CAGR 35.87% 0.86% 9.58%
Net income growth, 5-year CAGR (9.81%) (9.76%) 0.00%

Health

Metric ASTH HCSG Medical Care Facilities median
Debt to equity 1.11 0.00 0.30
Current ratio 1.23 3.02 1.22
Net debt to EBITDA 4.75 (3.11) 1.32

Dividend

Metric ASTH HCSG Medical Care Facilities median
Dividend yield 0.22% 2.12% 0.85%
Payout ratio 0.00 0.82 0.00

Size

Metric ASTH HCSG Medical Care Facilities median
Market cap 1.71b 1.44b 1.34b

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