` Comparison: HQY, ELV - Alpha Spread

HQY
vs
ELV

Over the past 12 months, HQY has outperformed ELV, delivering a return of -5% compared to the ELV's 13% drop.

Valuation Growth Profitability Solvency Stocks Performance
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HQY
ELV
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Stocks Compared:
HQY ELV
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Valuation Comparison

HQY Intrinsic Value
97.96 USD
Undervaluation 2%
Intrinsic Value
Price
ELV Intrinsic Value
627.75 USD
Undervaluation 47%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Healthequity Inc
NASDAQ:HQY
95.67 USD
Elevance Health Inc
NYSE:ELV
333.49 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
HQY, ELV

HQY
ELV
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Healthequity Inc
Revenue
Elevance Health Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
HQY, ELV

HQY
ELV
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Healthequity Inc
NASDAQ:HQY
Elevance Health Inc
NYSE:ELV
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

HQY
66.4%
ELV
LTM 3Y Avg 5Y Avg 10Y Avg
Healthequity Inc
Elevance Health Inc
Not applicable for financial companies

Operating Margin

HQY
21.6%
ELV
LTM 3Y Avg 5Y Avg 10Y Avg
Healthequity Inc
Elevance Health Inc
Not applicable for financial companies

Net Margin

HQY
11.5%
ELV
2.8%

FCF Margin

HQY
24.7%
ELV
LTM 3Y Avg 5Y Avg 10Y Avg
Healthequity Inc
Elevance Health Inc
Not applicable for financial companies

ROE

HQY
6.8%
ELV
12.6%

ROA

HQY
4.2%
ELV
4.6%

ROIC

HQY
6.9%
ELV
LTM 3Y Avg 5Y Avg 10Y Avg
Healthequity Inc
Elevance Health Inc
Not applicable for financial companies

ROCE

HQY
8.2%
ELV
LTM 3Y Avg 5Y Avg 10Y Avg
Healthequity Inc
Elevance Health Inc
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
HQY, ELV

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HQY
ELV
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1Y 3Y 5Y 10Y 15Y 20Y
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Performance Gap
HQY, ELV

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HQY
ELV
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
HQY, ELV

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ELV
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