W

Waystar Holding Corp
NASDAQ:WAY

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Waystar Holding Corp
NASDAQ:WAY
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Price: 33.7 USD -1.89% Market Closed
Market Cap: 6.4B USD

Relative Value

The Relative Value of one WAY stock under the Base Case scenario is 45.97 USD. Compared to the current market price of 33.7 USD, Waystar Holding Corp is Undervalued by 27%.

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.

WAY Relative Value
Base Case
45.97 USD
Undervaluation 27%
Relative Value
Price
W
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
18
Median 3Y
6.1
Median 5Y
6.1
Industry
2.3
Forward
5.4
vs History
44
vs Industry
Median 3Y
3.4
Median 5Y
3.4
Industry
22.5
Forward
20.9
vs History
90
vs Industry
8
Median 3Y
30.8
Median 5Y
30.8
Industry
14.5
vs History
30
vs Industry
Median 3Y
-5.2
Median 5Y
-5.2
Industry
21.5
vs History
60
vs Industry
39
Median 3Y
2
Median 5Y
2
Industry
2.2
vs History
75
vs Industry
14
Median 3Y
7
Median 5Y
7
Industry
2.6
Forward
6.1
vs History
75
vs Industry
16
Median 3Y
10.4
Median 5Y
10.4
Industry
5.2
vs History
75
vs Industry
13
Median 3Y
19.5
Median 5Y
19.5
Industry
11.9
Forward
14.6
vs History
90
vs Industry
5
Median 3Y
46.5
Median 5Y
46.5
Industry
16.9
Forward
19.9
vs History
90
vs Industry
7
Median 3Y
35.2
Median 5Y
35.2
Industry
14.7
vs History
90
vs Industry
8
Median 3Y
40
Median 5Y
40
Industry
18.7
vs History
60
vs Industry
41
Median 3Y
1.7
Median 5Y
1.7
Industry
1.9

Multiples Across Competitors

WAY Competitors Multiples
Waystar Holding Corp 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
Waystar Holding Corp
NASDAQ:WAY
5.9B USD 5.7 52.9 17.5 27.5
US
Veeva Systems Inc
NYSE:VEEV
39B USD 12.7 45.3 34.8 36.4
US
Cerner Corp
LSE:0R00
31.3B USD 5.4 53.1 21.9 43.2
AU
Pro Medicus Ltd
ASX:PME
25.8B AUD 116.8 223.6 154.7 154.7
JP
M3 Inc
TSE:2413
1.5T JPY 4.9 36.6 18.3 21.9
US
Doximity Inc
NYSE:DOCS
8.6B USD 13.9 34.2 30 31.5
SE
Sectra AB
STO:SECT B
52.8B SEK 24.7 90.1 -126.8 -126.8
US
Inspire Medical Systems Inc
NYSE:INSP
4B USD 4.5 89.2 74 99.4
IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
273.6B INR 10.3 56.3 35 40.9
US
Vocera Communications Inc
F:V00
2.4B EUR 11.9 -329 268.7 4 301.7
CN
Winning Health Technology Group Co Ltd
SZSE:300253
18.3B CNY 8.5 -59.4 -117.5 -117.5
P/E Multiple
Earnings Growth PEG
US
W
Waystar Holding Corp
NASDAQ:WAY
Average P/E: 75.7
52.9
N/A N/A
US
Veeva Systems Inc
NYSE:VEEV
45.3
32%
1.4
US
C
Cerner Corp
LSE:0R00
53.1
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
223.6
32%
7
JP
M3 Inc
TSE:2413
36.6
16%
2.3
US
Doximity Inc
NYSE:DOCS
34.2
18%
1.9
SE
Sectra AB
STO:SECT B
90.1
28%
3.2
US
Inspire Medical Systems Inc
NYSE:INSP
89.2
13%
6.9
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
56.3
30%
1.9
US
V
Vocera Communications Inc
F:V00
Negative Multiple: -329 N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -59.4
92%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
W
Waystar Holding Corp
NASDAQ:WAY
Average EV/EBITDA: 72.8
17.5
24%
0.7
US
Veeva Systems Inc
NYSE:VEEV
34.8
39%
0.9
US
C
Cerner Corp
LSE:0R00
21.9
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
154.7
32%
4.8
JP
M3 Inc
TSE:2413
18.3
14%
1.3
US
Doximity Inc
NYSE:DOCS
30
23%
1.3
SE
Sectra AB
STO:SECT B
Negative Multiple: -126.8 N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
74
80%
0.9
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
35
24%
1.5
US
V
Vocera Communications Inc
F:V00
268.7
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -117.5
36%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
W
Waystar Holding Corp
NASDAQ:WAY
Average EV/EBIT: 528.6
27.5
56%
0.5
US
Veeva Systems Inc
NYSE:VEEV
36.4
39%
0.9
US
C
Cerner Corp
LSE:0R00
43.2
N/A N/A
AU
Pro Medicus Ltd
ASX:PME
154.7
31%
5
JP
M3 Inc
TSE:2413
21.9
N/A N/A
US
Doximity Inc
NYSE:DOCS
31.5
25%
1.3
SE
Sectra AB
STO:SECT B
Negative Multiple: -126.8 N/A N/A
US
Inspire Medical Systems Inc
NYSE:INSP
99.4
34%
2.9
IN
I
Inventurus Knowledge Solutions Ltd
NSE:IKS
40.9
27%
1.5
US
V
Vocera Communications Inc
F:V00
4 301.7
N/A N/A
CN
Winning Health Technology Group Co Ltd
SZSE:300253
Negative Multiple: -117.5
47%
N/A