Hinge Health Inc. (HNGE) vs Waystar Holding Corp. (WAY)
Hinge Health Inc. and Waystar Holding Corp. are both Health Information Services companies. Hinge Health Inc. is the larger, with a market value of $7.4B against $4.7B — 1.6× the size. Waystar Holding Corp. trades at the lower P/E: 34.3× against 70.8×. Hinge Health Inc. grew revenue faster over the last twelve months: 58.8% against 19.2%. Hinge Health Inc. has the higher net margin (14.9% vs 11.2%) and the lower return on invested capital (0.00% vs 3.30%). Across the 20 metrics below, Waystar Holding Corp. leads on 12 and Hinge Health Inc. on 8.
Valuation
Profitability
| Metric | HNGE | WAY | Health Information Services median |
|---|---|---|---|
| Gross margin | 84.49% | 69.11% | 63.38% |
| Operating margin | 13.01% | 22.87% | (8.35%) |
| Net margin | 14.91% | 11.18% | (14.70%) |
| Free cash flow margin | 39.43% | 20.42% | 0.58% |
| Return on equity | 41.44% | 3.77% | (6.82%) |
| Return on assets | 14.12% | 2.56% | (6.02%) |
| Return on invested capital | 0.00% | 3.30% | 0.00% |
Growth
Health
Dividend
Size
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