HealthEquity, Inc. (NASDAQ:HQY) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 20
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U.S. Managed Healthcare Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies12
- 7D-5.6%
- 3M-7.3%
- 1Y-2.6%
- YTDn/a
Over the last 7 days, the Managed Healthcare industry has dropped 5.6%, driven by UnitedHealth Group declining 4.8%. In contrast, HealthEquity has gained 8.3%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the U.S. Managed Healthcare Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$728.5b | US$873.5b | US$26.2b | 17.3x | 27.8x | 0.8x |
| Sat, 19 Oct 2024 | US$721.4b | US$866.7b | US$26.2b | 17.4x | 27.5x | 0.8x |
| Mon, 16 Sep 2024 | US$788.7b | US$855.9b | US$26.3b | 21.2x | 30x | 0.9x |
| Wed, 14 Aug 2024 | US$755.9b | US$855.8b | US$26.3b | 21.9x | 28.8x | 0.9x |
| Fri, 12 Jul 2024 | US$695.0b | US$844.2b | US$27.2b | 21.4x | 25.5x | 0.8x |
| Sun, 09 Jun 2024 | US$686.9b | US$844.2b | US$27.2b | 20.7x | 25.2x | 0.8x |
| Tue, 07 May 2024 | US$688.3b | US$844.1b | US$27.1b | 19.5x | 25.4x | 0.8x |
| Thu, 04 Apr 2024 | US$651.5b | US$829.6b | US$34.4b | 19.3x | 18.9x | 0.8x |
| Sat, 02 Mar 2024 | US$691.2b | US$832.7b | US$33.3b | 19.8x | 20.8x | 0.8x |
| Mon, 29 Jan 2024 | US$695.4b | US$830.1b | US$32.9b | 19.9x | 21.2x | 0.8x |
| Wed, 27 Dec 2023 | US$718.2b | US$809.0b | US$33.9b | 20.7x | 21.2x | 0.9x |
| Fri, 24 Nov 2023 | US$742.8b | US$809.0b | US$33.9b | 21.8x | 21.9x | 0.9x |
| Sun, 22 Oct 2023 | US$729.8b | US$803.8b | US$34.5b | 21.3x | 21.2x | 0.9x |
| Tue, 19 Sep 2023 | US$680.1b | US$789.4b | US$34.2b | 21.1x | 19.9x | 0.9x |
| Thu, 17 Aug 2023 | US$701.9b | US$789.4b | US$34.2b | 20x | 20.5x | 0.9x |
| Sat, 15 Jul 2023 | US$669.3b | US$779.9b | US$32.3b | 21.2x | 20.7x | 0.9x |
| Mon, 12 Jun 2023 | US$700.8b | US$767.3b | US$31.9b | 22.2x | 21.9x | 0.9x |
| Wed, 10 May 2023 | US$696.3b | US$767.6b | US$31.9b | 22.1x | 21.8x | 0.9x |
| Fri, 07 Apr 2023 | US$720.7b | US$747.4b | US$30.5b | 23.2x | 23.7x | 1x |
| Sun, 05 Mar 2023 | US$685.8b | US$747.4b | US$30.4b | 22.2x | 22.5x | 0.9x |
| Tue, 31 Jan 2023 | US$703.0b | US$741.8b | US$31.2b | 21.1x | 22.5x | 0.9x |
| Thu, 29 Dec 2022 | US$757.6b | US$729.4b | US$30.7b | 23.1x | 24.7x | 1x |
| Sat, 26 Nov 2022 | US$772.1b | US$729.4b | US$30.7b | 23.9x | 25.1x | 1.1x |
| Mon, 24 Oct 2022 | US$761.8b | US$723.8b | US$30.8b | 22.7x | 24.7x | 1.1x |
| Wed, 21 Sep 2022 | US$747.3b | US$711.2b | US$29.5b | 25.6x | 25.3x | 1.1x |
| Fri, 19 Aug 2022 | US$777.9b | US$711.2b | US$29.6b | 25.4x | 26.3x | 1.1x |
| Sun, 17 Jul 2022 | US$758.2b | US$695.5b | US$28.9b | 25.5x | 26.2x | 1.1x |
| Tue, 14 Jun 2022 | US$676.7b | US$686.5b | US$28.1b | 22.3x | 24.1x | 1x |
| Thu, 12 May 2022 | US$702.4b | US$686.5b | US$28.1b | 24.6x | 25x | 1x |
| Sat, 09 Apr 2022 | US$781.9b | US$659.4b | US$27.6b | 29.7x | 28.4x | 1.2x |
| Mon, 07 Mar 2022 | US$723.7b | US$668.3b | US$27.7b | 23.1x | 26.1x | 1.1x |
| Wed, 02 Feb 2022 | US$672.6b | US$659.7b | US$26.8b | 22.2x | 25.1x | 1x |
| Fri, 31 Dec 2021 | US$729.6b | US$645.5b | US$24.6b | 26.6x | 29.7x | 1.1x |
| Sun, 28 Nov 2021 | US$649.6b | US$646.6b | US$24.4b | 26.9x | 26.6x | 1x |
Price to Earnings Ratio
26.6x
Current Industry PE
- Investors are optimistic on the American Managed Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.8x which is higher than its 3-year average PE of 24.3x.
- The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Managed Healthcare industry have grown 2.4% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Managed Healthcare compare with similar industries?
| US Market | -1.19% | |
| Healthcare | -4.83% | |
| Healthcare Services | -4.61% | |
| Managed Healthcare | -5.59% | |
| Healthcare Distributors | -1.28% | |
| Healthcare Services | -2.39% | |
| Healthcare Facilities | -5.90% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HQY HealthEquity | US$102.96 | 8.6% +US$712.6m | 54.2% | PE85.1x | |
| HUM Humana | US$293.97 | 1.6% +US$547.9m | -43.0% | PE26x | |
| CNC Centene | US$59.10 | 1.8% +US$535.2m | -20.4% | PE9.7x | |
| CLOV Clover Health Investments | US$3.35 | 6.0% +US$95.1m | 236.6% | PS0.8x | |
| PGNY Progyny | US$13.98 | 0.6% +US$6.8m | -58.6% | PE20.8x |