HealthEquity (HealthEquity) GF Value Rank : 6 (As of May. 05, 2024)

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What is HealthEquity GF Value Rank?

HealthEquity has the GF Value Rank of 6.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of HealthEquity's GF Value Rank

For the Health Information Services subindustry, HealthEquity's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HealthEquity's GF Value Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's GF Value Rank distribution charts can be found below:

* The bar in red indicates where HealthEquity's GF Value Rank falls into.

HealthEquity GF Value Rank Related Terms

Thank you for viewing the detailed overview of HealthEquity's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

HealthEquity (HealthEquity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthEquity Inc (NAS:HQY) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

2HE:Germany 2HE:Germany

Address

15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020

Website

https://www.healthequity.com

HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

Executives

Delano Ladd	officer: Executive VP, GC & Corp. Secy.	15W. SCENIC POINTE DR., SUITE 100, DRAPER UT 84020
Ian Sacks	director	TOWERBROOK CAP., PARK AVENUE TOWER, 65 E 55TH ST., 27TH FLOOR, NEW YORK NY 10022
Elimelech Rosner	officer: EVP, Chief Technology Officer	5196 BELMORE COURT, SUWANEE GA 30024
Stephen Neeleman	director, officer: Founder and Vice Chairman	15 W. SCENIC POINTE DR., STE. 100, DRAPER UT 84020
Tyson D. Murdock	officer: EVP & CFO	2275 S. 2200 E., SALT LAKE CITY UT 84109
Jon Kessler	director, officer: President and CEO	15 W. SCENIC POINTE DR., STE. 100, DRAPER UT 84020
Frank Corvino	director	GREENWICH HOSPITAL, 5 PERRYRIDGE ROAD, GREENWICH CT 06830
Larry L Trittschuh	officer: EVP Chief Security Officer	1051 RUNNYMEDE ROAD, OAKWOOD OH 45419
James M Lucania	officer: EVP & CFO	101 WOLF DRIVE, THOROFARE NJ 08086
Gayle Furgurson Wellborn	director	123 TORRENCE CHAPEL ROAD, MOORESVILLE NC 28117
Debra Charlotte Mccowan	director	1436 CABRILLO AVENUE, BURLINGAME CA 94010
Paul Black	director	400 WOOD ROAD, BRAINTREE MA 02184
Edward Bloomberg	officer: Chief Operating Officer	13207 WINDSOR STREET, LEAWOOD KS 66209
Rajesh Natarajan	director	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Evelyn S Dilsaver	director	C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596