COMP <GO>
HQY vs GRAB // EV/EBITDA & P/E VALUATION
HealthEquity Inc. (NASDAQ) VS. Grab Holdings Limited (Class A) (NASDAQ) • 15-METRIC TALLY: HQY 8
— GRAB 4
▲ EV/EBITDA & P/E VALUATION LEADER: GRAB
LAST: $102.47 (+1.10%) • MKT CAP: $8.38B
valuation
27.8x
LAST: $2.71 (-1.81%) • MKT CAP: $11.32B
valuation
21.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HQY VS. GRAB)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HQY | GRAB | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 69.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.30% | 9.90% | -0.60 | GRAB | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 27.8x | 21.0x | +6.80 | GRAB | /valuation <GO> |
| Free Cash Flow Yield | 5.43% | 2.21% | +3.22 | HQY | /fcf-yield <GO> |
| Operating Margin | 24.60% | 13.90% | +10.70 | HQY | /operating-margins <GO> |
| Net Profit Margin | 16.40% | 10.90% | +5.50 | HQY | /net-margins <GO> |
| Revenue Growth (YoY) | 9.50% | 5.50% | +4.00 | HQY | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.86 | 3.74 | +1.12 | HQY | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 8/9 | +1.00 | HQY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 62.4 | 38.4 | +24.00 | HQY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.96 | 0.94 | +0.02 | HQY | /macro-sensitivity <GO> |
| Forward P/E Multiple | 36.3x | 30.5x | +5.80 | GRAB | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.38B | $11.32B | -$2.93B | GRAB | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HQY REV | GRAB REV | HQY GROSS % | GRAB GROSS % | HQY FCF | GRAB FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.31B | — | 69.5% | — | $455.1M | — |
| FY 2024 | $1.20B | — | 64.8% | — | $337.8M | — |
| FY 2023 | $999.6M | — | — | — | $197.8M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HQY // BETA 0.96
GRAB // BETA 0.94