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HEALTH CATALYST INC (HCAT) Stock Fundamental Analysis

NASDAQ:HCAT - Nasdaq - US42225T1079 - Common Stock - Currency: USD

3.95  -0.12 (-2.95%)

Premarket: 4.34 +0.39 (+9.87%)

Fundamental Rating

3

Overall HCAT gets a fundamental rating of 3 out of 10. We evaluated HCAT against 37 industry peers in the Health Care Technology industry. Both the profitability and financial health of HCAT have multiple concerns. HCAT has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

HCAT had positive earnings in the past year.
In the past year HCAT had a positive cash flow from operations.
In the past 5 years HCAT always reported negative net income.
HCAT had negative operating cash flow in 4 of the past 5 years.
HCAT Yearly Net Income VS EBIT VS OCF VS FCFHCAT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M

1.2 Ratios

HCAT has a better Return On Assets (-8.09%) than 64.86% of its industry peers.
Looking at the Return On Equity, with a value of -19.03%, HCAT is in line with its industry, outperforming 59.46% of the companies in the same industry.
Industry RankSector Rank
ROA -8.09%
ROE -19.03%
ROIC N/A
ROA(3y)-14.4%
ROA(5y)-16.3%
ROE(3y)-27.85%
ROE(5y)-30.91%
ROIC(3y)N/A
ROIC(5y)N/A
HCAT Yearly ROA, ROE, ROICHCAT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 -100 -200 -300

1.3 Margins

HCAT's Gross Margin of 46.25% is in line compared to the rest of the industry. HCAT outperforms 40.54% of its industry peers.
HCAT's Gross Margin has declined in the last couple of years.
HCAT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 46.25%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.71%
GM growth 5Y-2.4%
HCAT Yearly Profit, Operating, Gross MarginsHCAT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

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2

2. Health

2.1 Basic Checks

HCAT does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, HCAT has more shares outstanding
Compared to 5 years ago, HCAT has more shares outstanding
Compared to 1 year ago, HCAT has a worse debt to assets ratio.
HCAT Yearly Shares OutstandingHCAT Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
HCAT Yearly Total Debt VS Total AssetsHCAT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

HCAT has an Altman-Z score of -1.26. This is a bad value and indicates that HCAT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -1.26, HCAT is in line with its industry, outperforming 40.54% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that HCAT is not too dependend on debt financing.
The Debt to Equity ratio of HCAT (0.41) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF N/A
Altman-Z -1.26
ROIC/WACCN/A
WACC8.89%
HCAT Yearly LT Debt VS Equity VS FCFHCAT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

2.3 Liquidity

HCAT has a Current Ratio of 1.43. This is a normal value and indicates that HCAT is financially healthy and should not expect problems in meeting its short term obligations.
HCAT has a Current ratio (1.43) which is in line with its industry peers.
HCAT has a Quick Ratio of 1.43. This is a normal value and indicates that HCAT is financially healthy and should not expect problems in meeting its short term obligations.
HCAT has a Quick ratio of 1.43. This is comparable to the rest of the industry: HCAT outperforms 48.65% of its industry peers.
Industry RankSector Rank
Current Ratio 1.43
Quick Ratio 1.43
HCAT Yearly Current Assets VS Current LiabilitesHCAT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

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6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 86.67% over the past year.
Looking at the last year, HCAT shows a small growth in Revenue. The Revenue has grown by 3.60% in the last year.
Measured over the past years, HCAT shows a quite strong growth in Revenue. The Revenue has been growing by 14.63% on average per year.
EPS 1Y (TTM)86.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y8.22%
Revenue growth 5Y14.63%
Sales Q2Q%6.02%

3.2 Future

Based on estimates for the next years, HCAT will show a very strong growth in Earnings Per Share. The EPS will grow by 28.57% on average per year.
HCAT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.38% yearly.
EPS Next Y7.34%
EPS Next 2Y24.01%
EPS Next 3Y37.14%
EPS Next 5Y28.57%
Revenue Next Year9.01%
Revenue Next 2Y9.37%
Revenue Next 3Y9.75%
Revenue Next 5Y11.38%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
HCAT Yearly Revenue VS EstimatesHCAT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M
HCAT Yearly EPS VS EstimatesHCAT Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 -1

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4

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 14.11, HCAT is valued correctly.
Based on the Price/Earnings ratio, HCAT is valued cheaply inside the industry as 91.89% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.88, HCAT is valued rather cheaply.
With a Price/Forward Earnings ratio of 13.14, HCAT is valued correctly.
HCAT's Price/Forward Earnings ratio is rather cheap when compared to the industry. HCAT is cheaper than 94.59% of the companies in the same industry.
HCAT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.20, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.11
Fwd PE 13.14
HCAT Price Earnings VS Forward Price EarningsHCAT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HCAT Per share dataHCAT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HCAT does not grow enough to justify the current Price/Earnings ratio.
HCAT's earnings are expected to grow with 37.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.92
PEG (5Y)N/A
EPS Next 2Y24.01%
EPS Next 3Y37.14%

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0

5. Dividend

5.1 Amount

HCAT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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HEALTH CATALYST INC

NASDAQ:HCAT (4/30/2025, 8:11:06 PM)

Premarket: 4.34 +0.39 (+9.87%)

3.95

-0.12 (-2.95%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)02-26 2025-02-26/amc
Earnings (Next)05-07 2025-05-07/amc
Inst Owners89.34%
Inst Owner Change3.83%
Ins Owners2.43%
Ins Owner Change13.65%
Market Cap277.33M
Analysts80
Price Target8.16 (106.58%)
Short Float %4.7%
Short Ratio4.08
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.35%
Min EPS beat(2)-46.95%
Max EPS beat(2)-29.75%
EPS beat(4)2
Avg EPS beat(4)11.79%
Min EPS beat(4)-46.95%
Max EPS beat(4)75.51%
EPS beat(8)6
Avg EPS beat(8)577.85%
EPS beat(12)10
Avg EPS beat(12)402.75%
EPS beat(16)14
Avg EPS beat(16)313.99%
Revenue beat(2)0
Avg Revenue beat(2)-1.97%
Min Revenue beat(2)-2.04%
Max Revenue beat(2)-1.89%
Revenue beat(4)0
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-2.06%
Max Revenue beat(4)-0.79%
Revenue beat(8)2
Avg Revenue beat(8)-0.85%
Revenue beat(12)4
Avg Revenue beat(12)-0.57%
Revenue beat(16)7
Avg Revenue beat(16)-0.2%
PT rev (1m)-9.01%
PT rev (3m)-29.88%
EPS NQ rev (1m)2147.06%
EPS NQ rev (3m)-95.4%
EPS NY rev (1m)1.99%
EPS NY rev (3m)-25.18%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-4.61%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-1.51%
Valuation
Industry RankSector Rank
PE 14.11
Fwd PE 13.14
P/S 0.9
P/FCF N/A
P/OCF 19.05
P/B 0.76
P/tB 14.3
EV/EBITDA N/A
EPS(TTM)0.28
EY7.09%
EPS(NY)0.3
Fwd EY7.61%
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)0.21
OCFY5.25%
SpS4.37
BVpS5.2
TBVpS0.28
PEG (NY)1.92
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.09%
ROE -19.03%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 46.25%
FCFM N/A
ROA(3y)-14.4%
ROA(5y)-16.3%
ROE(3y)-27.85%
ROE(5y)-30.91%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.71%
GM growth 5Y-2.4%
F-Score5
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 39.58%
Cap/Sales 5.35%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.43
Quick Ratio 1.43
Altman-Z -1.26
F-Score5
WACC8.89%
ROIC/WACCN/A
Cap/Depr(3y)36.51%
Cap/Depr(5y)42.93%
Cap/Sales(3y)5.5%
Cap/Sales(5y)5.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)86.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y7.34%
EPS Next 2Y24.01%
EPS Next 3Y37.14%
EPS Next 5Y28.57%
Revenue 1Y (TTM)3.6%
Revenue growth 3Y8.22%
Revenue growth 5Y14.63%
Sales Q2Q%6.02%
Revenue Next Year9.01%
Revenue Next 2Y9.37%
Revenue Next 3Y9.75%
Revenue Next 5Y11.38%
EBIT growth 1Y36.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year161.95%
EBIT Next 3Y45.11%
EBIT Next 5Y33.62%
FCF growth 1Y96.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y144.01%
OCF growth 3YN/A
OCF growth 5YN/A