HealthEquity vs MediaAlpha
HQY and MAX side by side, both in miscellaneous business services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How HQY and MAX compare
HealthEquity is the larger company, worth 9.4 times as much as MediaAlpha ($8.5B against $904M).
On earnings, MediaAlpha is cheaper: it trades at 9.2× trailing earnings, against 37.0× for HealthEquity.
MediaAlpha grew revenue faster over the last twelve months (13.8% versus 7.3% for HealthEquity).
HealthEquity keeps more of each dollar of sales as profit, with a net margin of 17.4% compared with 7.9% at MediaAlpha.
HealthEquity scores higher on the StockData Score (15 against 13 for MediaAlpha), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | HQY | MAX |
|---|---|---|
| Size and price | ||
| Market cap | $8.5B | $904M |
| Share price | $102.47 | $14.75 |
| Change, 1 year | 8.5% | 32.6% |
| Change, 5 years | 50.2% | −10.4% |
| Beta (5Y) | 0.39 | 0.90 |
| Employees | 2,814 | 147 |
| StockData Score | ||
| Total score | 15 (better) | 13 |
| Valuation score | 3 | 3 |
| Growth score | 3 (better) | 2 |
| Performance score | 4 | 4 |
| Health score | 5 (better) | 4 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 37.0× | 9.2× (better) |
| P/S | 6.2× | 0.7× (better) |
| P/B | 4.3× (better) | 31.8× |
| EV/EBITDA | 18.0× | 12.1× (better) |
| P/FCF | 17.4× | 16.1× (better) |
| FCF yield | 5.8% | 6.2% (better) |
| Fair value | $109.86 | $27.08 |
| Margin of safety | 6.7% | 45.5% (better) |
| Growth | ||
| Revenue growth (TTM) | 7.3% | 13.8% (better) |
| Revenue growth, 5Y average | 12.4% | 13.7% (better) |
| Net income growth (TTM) | 62.2% | – |
| EPS growth (TTM) | 67.9% | – |
| EPS growth, 5Y average | 83.0% | – |
| Profitability | ||
| Gross margin | 71.2% (better) | 14.7% |
| Operating margin | 25.8% (better) | 6.9% |
| Net margin | 17.4% (better) | 7.9% |
| FCF margin | 35.8% (better) | 4.6% |
| Return on equity | 11.4% | 789% (better) |
| Return on invested capital | 9.8% | 53.3% (better) |
| Financial health | ||
| Debt / equity | 0.47 (better) | 6.22 |
| Net debt / EBITDA | 1.33 (better) | 1.81 |
| Interest coverage | 6.7× | 7.9× (better) |
| Current ratio | 2.99 (better) | 1.29 |
| Altman Z-score | 4.92 (better) | 4.12 |
| Piotroski F-score | 9 (better) | 4 |
| Dividends and buybacks | ||
| Buyback yield | 4.8% | 9.8% (better) |
| Shareholder yield | 4.8% | 9.8% (better) |
| Ownership | ||
| Held by institutions | 109% | 79.4% |
| Held by insiders | 1.7% | 47.3% |
| Insider net buying, 12 months | −$4.2M (better) | −$32.0M |
| Short interest, % of float | 7.4% | 8.8% |
Go deeper
- HQY stock overview
- HQY income statement
- HQY valuation and score
- MAX stock overview
- MAX income statement
- MAX valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.