Privia Health Group, Inc. (PRVA) vs Schrodinger, Inc. (SDGR)

Privia Health Group, Inc. and Schrodinger, Inc. are both Health Information Services companies. Privia Health Group, Inc. is the larger, with a market value of $2.5B against $2.2B — 1.1× the size. Schrodinger, Inc. has negative trailing earnings, so its P/E is not meaningful; Privia Health Group, Inc. trades at 89.6×. Privia Health Group, Inc. grew revenue faster over the last twelve months: 24.1% against 8.88%. Privia Health Group, Inc. has the higher net margin (1.19% vs −21.0%) and the higher return on invested capital (6.59% vs 0.00%). Across the 18 metrics below, Privia Health Group, Inc. leads on 15 and Schrodinger, Inc. on 3.

Valuation

Metric PRVA SDGR Health Information Services median
P/E 89.59 n/m 39.52
P/S 1.05 8.32 2.65
P/B 2.97 6.55 2.32
Price to free cash flow 19.00 n/m 16.77
EV/EBITDA 36.52 n/m 12.35
EV/Sales 0.88 6.70 3.06
Earnings yield 1.12% (2.56%) (1.68%)
Free cash flow yield 5.26% (6.04%) 0.54%

Profitability

Metric PRVA SDGR Health Information Services median
Gross margin 10.03% 56.87% 63.38%
Operating margin 1.90% (59.24%) (8.35%)
Net margin 1.19% (20.98%) (14.70%)
Free cash flow margin 5.56% (50.29%) 0.58%
Return on equity 3.58% (16.18%) (6.82%)
Return on assets 2.04% (8.18%) (6.02%)
Return on invested capital 6.59% 0.00% 0.00%

Growth

Metric PRVA SDGR Health Information Services median
Revenue growth (TTM) 24.10% 8.88% 8.62%
EPS growth (last fiscal year) 63.64% 45.14% —
Revenue growth, 5-year CAGR 21.04% 18.81% 12.36%
Net income growth, 5-year CAGR (6.01%) 0.00% 0.00%

Health

Metric PRVA SDGR Health Information Services median
Debt to equity 0.00 0.00 0.01
Current ratio 1.62 2.71 2.37
Net debt to EBITDA (10.87) 2.50 0.50

Dividend

Metric PRVA SDGR Health Information Services median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric PRVA SDGR Health Information Services median
Market cap 2.48b 2.21b 352.86m

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