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Health Catalyst Inc
NASDAQ:HCAT

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Health Catalyst Inc
NASDAQ:HCAT
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Price: 6.45 USD -1.38% Market Closed
Updated: May 3, 2024

Relative Value

The Relative Value of one HCAT stock under the Base Case scenario is 15.09 USD. Compared to the current market price of 6.45 USD, Health Catalyst Inc is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HCAT Relative Value
Base Case
15.09 USD
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
62
Median 3Y
2.8
Median 5Y
6
Industry
2.4
Forward
1.2
vs History
vs Industry
Median 3Y
-5.1
Median 5Y
-5.5
Industry
23.2
Forward
19.7
vs History
vs Industry
Median 3Y
-21.7
Median 5Y
-35
Industry
15.5
vs History
vs Industry
Median 3Y
-13.3
Median 5Y
-13.5
Industry
23.5
vs History
95
vs Industry
63
Median 3Y
1.8
Median 5Y
3.5
Industry
2.2
vs History
95
vs Industry
68
Median 3Y
2.2
Median 5Y
5.1
Industry
2.5
Forward
0.9
vs History
95
vs Industry
69
Median 3Y
4.5
Median 5Y
10.3
Industry
5.2
vs History
vs Industry
Median 3Y
-8.1
Median 5Y
-16
Industry
12.5
Forward
11.4
vs History
vs Industry
Median 3Y
-4.9
Median 5Y
-12.3
Industry
17.2
Forward
-24.3
vs History
vs Industry
Median 3Y
-17.8
Median 5Y
-29.2
Industry
15.1
vs History
vs Industry
Median 3Y
-11.5
Median 5Y
-21.4
Industry
19.7
vs History
95
vs Industry
67
Median 3Y
1.6
Median 5Y
3.9
Industry
2

Multiples Across Competitors

HCAT Competitors Multiples
Health Catalyst Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Health Catalyst Inc
NASDAQ:HCAT
376m USD 1.3 -3.2 -6.4 -3.3
US
Veeva Systems Inc
NYSE:VEEV
32.7B USD 13.8 62.3 62.1 66.9
US
Cerner Corp
NASDAQ:CERN
27.9B USD 4.8 47.3 19.6 38.6
US
Change Healthcare Inc
NASDAQ:CHNG
9B USD 2.6 -116.8 16.5 111.6
AU
Pro Medicus Ltd
ASX:PME
11.9B AUD 81.1 170.1 117 117
US
Inspire Medical Systems Inc
NYSE:INSP
7.5B USD 12 -354.5 -188.1 -174.8
JP
M3 Inc
TSE:2413
1.1T JPY 4.8 24.1 12.5 14.1
US
Doximity Inc
NYSE:DOCS
4.6B USD 9.7 33.1 22.2 23.6
SE
Sectra AB
STO:SECT B
42.2B SEK 25.7 99.3 -65.3 -65.3
US
Evolent Health Inc
NYSE:EVH
3.1B USD 1.6 -21.9 25.9 275.5
US
Certara Inc
NASDAQ:CERT
2.9B USD 8 -51.5 46.6 467.5
P/E Multiple
Earnings Growth
US
Health Catalyst Inc
NASDAQ:HCAT
Average P/E: 72.7
Negative Multiple: -3.2
N/A
US
Veeva Systems Inc
NYSE:VEEV
62.3
139%
US
Cerner Corp
NASDAQ:CERN
47.3
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
Negative Multiple: -116.8 N/A
AU
Pro Medicus Ltd
ASX:PME
170.1
119%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -354.5 N/A
JP
M3 Inc
TSE:2413
24.1
26%
US
Doximity Inc
NYSE:DOCS
33.1
79%
SE
Sectra AB
STO:SECT B
99.3
56%
US
Evolent Health Inc
NYSE:EVH
Negative Multiple: -21.9 N/A
US
Certara Inc
NASDAQ:CERT
Negative Multiple: -51.5 N/A
EV/EBITDA Multiple
EBITDA Growth
US
Health Catalyst Inc
NASDAQ:HCAT
Average EV/EBITDA: 40.3
Negative Multiple: -6.4
N/A
US
Veeva Systems Inc
NYSE:VEEV
62.1
221%
US
Cerner Corp
NASDAQ:CERN
19.6
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
16.5
N/A
AU
Pro Medicus Ltd
ASX:PME
117
124%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -188.1 N/A
JP
M3 Inc
TSE:2413
12.5
24%
US
Doximity Inc
NYSE:DOCS
22.2
103%
SE
Sectra AB
STO:SECT B
Negative Multiple: -65.3 N/A
US
Evolent Health Inc
NYSE:EVH
25.9
194%
US
Certara Inc
NASDAQ:CERT
46.6
143%
EV/EBIT Multiple
EBIT Growth
US
Health Catalyst Inc
NASDAQ:HCAT
Average EV/EBIT: 139.3
Negative Multiple: -3.3
N/A
US
Veeva Systems Inc
NYSE:VEEV
66.9
238%
US
Cerner Corp
NASDAQ:CERN
38.6
N/A
US
Change Healthcare Inc
NASDAQ:CHNG
111.6
N/A
AU
Pro Medicus Ltd
ASX:PME
117
110%
US
Inspire Medical Systems Inc
NYSE:INSP
Negative Multiple: -174.8 N/A
JP
M3 Inc
TSE:2413
14.1
N/A
US
Doximity Inc
NYSE:DOCS
23.6
116%
SE
Sectra AB
STO:SECT B
Negative Multiple: -65.3 N/A
US
Evolent Health Inc
NYSE:EVH
275.5
2 086%
US
Certara Inc
NASDAQ:CERT
467.5
2 181%

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