Privia Health Group, Inc. (PRVA) vs Waystar Holding Corp. (WAY)

Privia Health Group, Inc. and Waystar Holding Corp. are both Health Information Services companies. Waystar Holding Corp. is the larger, with a market value of $4.7B against $2.5B — 1.9× the size. Waystar Holding Corp. trades at the lower P/E: 34.3× against 89.6×. Privia Health Group, Inc. grew revenue faster over the last twelve months: 24.1% against 19.2%. Waystar Holding Corp. has the higher net margin (11.2% vs 1.19%) and the lower return on invested capital (3.30% vs 6.59%). Across the 20 metrics below, Waystar Holding Corp. leads on 12 and Privia Health Group, Inc. on 8.

Valuation

Metric PRVA WAY Health Information Services median
P/E 89.59 34.31 39.52
P/S 1.05 3.93 2.65
P/B 2.97 1.19 2.32
Price to free cash flow 19.00 19.24 16.77
EV/EBITDA 36.52 13.75 12.35
EV/Sales 0.88 4.96 3.06
Earnings yield 1.12% 2.91% (1.68%)
Free cash flow yield 5.26% 5.20% 0.54%

Profitability

Metric PRVA WAY Health Information Services median
Gross margin 10.03% 69.11% 63.38%
Operating margin 1.90% 22.87% (8.35%)
Net margin 1.19% 11.18% (14.70%)
Free cash flow margin 5.56% 20.42% 0.58%
Return on equity 3.58% 3.77% (6.82%)
Return on assets 2.04% 2.56% (6.02%)
Return on invested capital 6.59% 3.30% 0.00%

Growth

Metric PRVA WAY Health Information Services median
Revenue growth (TTM) 24.10% 19.23% 8.62%
EPS growth (last fiscal year) 63.64% 569.23% —
Revenue growth, 5-year CAGR 21.04% — 12.36%
Net income growth, 5-year CAGR (6.01%) — 0.00%

Health

Metric PRVA WAY Health Information Services median
Debt to equity 0.00 0.37 0.01
Current ratio 1.62 1.85 2.37
Net debt to EBITDA (10.87) 3.49 0.50

Dividend

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

Size

Metric PRVA WAY Health Information Services median
Market cap 2.48b 4.72b 352.86m

Compare with another peer

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