National Research Corporation (NRC) vs Phreesia, Inc. (PHR)

National Research Corporation and Phreesia, Inc. are both Health Information Services companies. Phreesia, Inc. is the larger, with a market value of $620.7M against $450.1M — 1.4× the size. Phreesia, Inc. trades at the lower P/E: 59.7× against 78.3×. Phreesia, Inc. grew revenue faster over the last twelve months: 12.9% against −0.23%. National Research Corporation has the higher net margin (3.96% vs 2.06%) and the higher return on invested capital (10.3% vs 1.74%). Across the 22 metrics below, Phreesia, Inc. leads on 15 and National Research Corporation on 7.

Valuation

Metric NRC PHR Health Information Services median
P/E 78.28 59.71 39.52
P/S 3.08 1.24 2.65
P/B 65.77 1.69 2.32
Price to free cash flow 19.90 9.30 16.77
EV/EBITDA 21.87 13.19 12.35
EV/Sales 3.67 1.39 3.06
Earnings yield 1.28% 1.67% (1.68%)
Free cash flow yield 5.02% 10.75% 0.54%

Profitability

Metric NRC PHR Health Information Services median
Gross margin 61.75% 67.52% 63.38%
Operating margin 10.53% 2.47% (8.35%)
Net margin 3.96% 2.06% (14.70%)
Free cash flow margin 15.46% 13.30% 0.58%
Return on equity 39.82% 3.12% (6.82%)
Return on assets 4.00% 1.98% (6.02%)
Return on invested capital 10.32% 1.74% 0.00%

Growth

Metric NRC PHR Health Information Services median
Revenue growth (TTM) (0.23%) 12.93% 8.62%
EPS growth (last fiscal year) (51.92%) 103.92% —
Revenue growth, 5-year CAGR 0.53% 26.45% 12.36%
Net income growth, 5-year CAGR (21.22%) 0.00% 0.00%

Health

Metric NRC PHR Health Information Services median
Debt to equity 13.13 0.41 0.01
Current ratio 0.65 1.76 2.37
Net debt to EBITDA 2.34 3.58 0.50

Dividend

Metric NRC PHR Health Information Services median
Dividend yield 1.26% — 0.85%
Payout ratio 0.51 0.00 0.00

Size

Metric NRC PHR Health Information Services median
Market cap 450.13m 620.71m 352.86m

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