Hinge Health Inc. (HNGE) vs Heartflow, Inc. (HTFL)

Hinge Health Inc. and Heartflow, Inc. are both Health Information Services companies. Hinge Health Inc. is the larger, with a market value of $7.4B against $4.2B — 1.8× the size. Heartflow, Inc. has negative trailing earnings, so its P/E is not meaningful; Hinge Health Inc. trades at 70.8×. Hinge Health Inc. grew revenue faster over the last twelve months: 58.8% against 42.8%. Hinge Health Inc. has the higher net margin (14.9% vs −55.8%) and the higher return on invested capital (0.00% vs −42.8%). Across the 16 metrics below, Hinge Health Inc. leads on 13 and Heartflow, Inc. on 3.

Valuation

Metric HNGE HTFL Health Information Services median
P/E 70.79 n/m 39.52
P/S 10.48 20.03 2.65
P/B 21.92 15.19 2.32
Price to free cash flow 26.58 n/m 16.77
EV/EBITDA 44.40 n/m 12.35
EV/Sales 9.94 20.13 3.06
Earnings yield 1.41% (3.72%) (1.68%)
Free cash flow yield 3.76% (1.39%) 0.54%

Profitability

Metric HNGE HTFL Health Information Services median
Gross margin 84.49% 80.08% 63.38%
Operating margin 13.01% (37.84%) (8.35%)
Net margin 14.91% (55.82%) (14.70%)
Free cash flow margin 39.43% (27.91%) 0.58%
Return on equity 41.44% 38.49% (6.82%)
Return on assets 14.12% (46.99%) (6.02%)
Return on invested capital 0.00% (42.81%) 0.00%

Growth

Metric HNGE HTFL Health Information Services median
Revenue growth (TTM) 58.83% 42.77% 8.62%
EPS growth (last fiscal year) (782.85%) 82.37% —
Revenue growth, 5-year CAGR — — 12.36%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric HNGE HTFL Health Information Services median
Debt to equity 0.00 0.00 0.01
Current ratio 1.34 5.08 2.37
Net debt to EBITDA 0.74 3.41 0.50

Dividend

Metric HNGE HTFL Health Information Services median
Dividend yield — — 0.85%
Payout ratio — — 0.00

Size

Metric HNGE HTFL Health Information Services median
Market cap 7.43b 4.23b 352.86m

Compare with another peer

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