Health Catalyst, Inc. (HCAT) vs OneMedNet Corporation (ONMD)

Health Catalyst, Inc. and OneMedNet Corporation are both Health Information Services companies. Health Catalyst, Inc. is the larger, with a market value of $131.0M against $41.8M — 3.1× the size. OneMedNet Corporation grew revenue faster over the last twelve months: 216.3% against −7.54%. Health Catalyst, Inc. has the higher net margin (−90.6% vs −584.6%) and the lower return on invested capital (−102.1% vs 0.00%). Across the 16 metrics below, Health Catalyst, Inc. leads on 9 and OneMedNet Corporation on 7.

Valuation

Metric HCAT ONMD Health Information Services median
P/E n/m n/m 39.52
P/S 0.44 25.92 2.65
P/B 1.28 n/m 2.32
Price to free cash flow 19.54 n/m 16.77
EV/EBITDA 20.23 n/m 12.35
EV/Sales 0.61 26.16 3.06
Earnings yield (211.49%) (25.25%) (1.68%)
Free cash flow yield 5.12% (18.28%) 0.54%

Profitability

Metric HCAT ONMD Health Information Services median
Gross margin 50.48% (67.56%) 63.38%
Operating margin (84.36%) (700.55%) (8.35%)
Net margin (90.61%) (584.60%) (14.70%)
Free cash flow margin 2.25% (473.75%) 0.58%
Return on equity (118.12%) 231.20% (6.82%)
Return on assets (54.33%) (459.66%) (6.02%)
Return on invested capital (102.14%) 0.00% 0.00%

Growth

Metric HCAT ONMD Health Information Services median
Revenue growth (TTM) (7.54%) 216.30% 8.62%
EPS growth (last fiscal year) (121.74%) 83.33% —
Revenue growth, 5-year CAGR 10.50% — 12.36%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HCAT ONMD Health Information Services median
Debt to equity 1.52 (0.20) 0.01
Current ratio 2.70 0.28 2.37
Net debt to EBITDA 16.00 0.01 0.50

Dividend

Metric HCAT ONMD Health Information Services median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric HCAT ONMD Health Information Services median
Market cap 130.95m 41.80m 352.86m

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