StockData
Phreesia, Inc. logo

Phreesia, Inc. (PHR) stock analysis

PHRNYSEServices-Business Services, NECFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 3, 2026Score 8/3032% above fair value
$12.81−0.32 (-2.44%)

Close on Nov 11, 2026Market cap $795.13MP/E 75.4Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Value1Growth3Performance1Health3Dividend0

Weak8 of 30 checks passed

Phreesia passes 8 of the 30 checks behind our score; 10 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
1/6
Growth
3/6
Past performance
1/6
Financial health
3/6
Dividend
0/6

What stands out

  • Low debt

    Debt is 17.9% of shareholders' equity, under the 40% we consider low.

  • Revenue growing 10%+ a year

    Revenue grew 19.6% a year over the last three fiscal years.

  • Debt covered by cash flow

    Operating cash flow over the last twelve months equals 138% of total debt.

  • P/B below the industry

    Phreesia's price-to-book of 2.14 is below the Miscellaneous Business Services median of 2.48.

What to watch

  • Margin of safety under 20%

    The price is 31.6% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $12.81 is above our fair value estimate of $9.74.

  • Return on equity under 15%

    Return on equity was 3.1% over the last twelve months and averaged -31.5% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was 4.4%, below the 10% that usually covers the cost of capital.

Valuation1/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E above the industry

    Phreesia's P/E of 75.4 is above the Miscellaneous Business Services median of 25.8.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B below the industry

    Phreesia's price-to-book of 2.14 is below the Miscellaneous Business Services median of 2.48.

  • Trading above fair value

    The share price of $12.81 is above our fair value estimate of $9.74.

  • Margin of safety under 20%

    The price is 31.6% above fair value, so there is no margin of safety.

Growth3/6

  • Revenue growing 10%+ a year

    Revenue grew 19.6% a year over the last three fiscal years.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing faster than the industry

    Revenue grew 12.9% over the last twelve months; the Miscellaneous Business Services median is 9.9%.

  • Guidance lowered

    Phreesia lowered its fiscal 2027 revenue outlook on Mar 30, 2026.

  • Gross margin improving

    Gross margin was 85.4% over the last twelve months, against 84.8% a year earlier.

Past performance1/6

  • Return on equity under 15%

    Return on equity was 3.1% over the last twelve months and averaged -31.5% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was 4.4%, below the 10% that usually covers the cost of capital.

  • Return on equity below the industry

    Phreesia's return on equity of 3.1% is below the Miscellaneous Business Services median of 6.8%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin above its 5-year average

    Net margin was 2.1% over the last twelve months, against a 5-year average of -34.0%.

  • Net margin below the industry

    Phreesia's net margin of 2.1% is below the Miscellaneous Business Services median of 3.8%.

Financial health3/6

  • Low debt

    Debt is 17.9% of shareholders' equity, under the 40% we consider low.

  • Debt rising against equity

    Debt to equity rose from 4.3% five years ago to 17.9%.

  • Debt covered by cash flow

    Operating cash flow over the last twelve months equals 138% of total debt.

  • Interest not well covered

    Operating income covers interest expense 1.2 times; we look for at least 5.

  • Short-term assets cover short-term debts

    Current assets are 1.76 times current liabilities.

  • Elevated bankruptcy risk

    The Altman Z-score is 1.07; above 3 is the safe zone and below 1.8 the distress zone.

Dividend0/6

  • No dividend

    Phreesia has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$9.74

The share price is 32% above this estimate.

20%+ below
Near fair value
20%+ above
$12.81Price$9.74Fair value
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
P/E25.8×–25.8×$4.3847%
EV/EBITDA15.7×–15.7×$12.6741%
P/B3.5×4.5×2.5×$20.9012%
Earnings powerleft out, too far from the others12.5% cost of equity––$2.28–
Fair value$9.74100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • EV/EBITDA at month end
  • Miscellaneous Business Services median 15.7

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Medium risk

Average value traded per day
$7.57M
Value traded per 1% price move
$3.99M

Downside

High risk

Typical loss in a bad month
30.1%
Volatility (annualized)
59%
Sharpe ratio, 1 year
-0.81
Beta to the S&P 500 (5Y)
1.53

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2017 to 2026

Gross margin

85.2%+0.9 pts over 5 years

Operating margin

-1.4%+15.9 pts over 5 years

Net margin

0.5%+18.8 pts over 5 years

See a number that looks wrong?