Comparing Evolent Health (EVH) and Its Competitors

Evolent Health (NYSE: EVH) is one of 18 public companies in the “Medical Software & Technology Services” industry, but how does it compare to its competitors? We will compare Evolent Health to similar businesses based on the strength of its profitability, risk, analyst recommendations, earnings, institutional ownership, valuation and dividends.

Volatility and Risk

Evolent Health has a beta of 1.33, meaning that its stock price is 33% more volatile than the S&P 500. Comparatively, Evolent Health’s competitors have a beta of 1.33, meaning that their average stock price is 33% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Evolent Health and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolent Health 0 0 12 1 3.08
Evolent Health Competitors 72 394 768 11 2.58

Evolent Health presently has a consensus target price of $28.45, suggesting a potential upside of 70.39%. As a group, “Medical Software & Technology Services” companies have a potential upside of 17.04%. Given Evolent Health’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Evolent Health is more favorable than its competitors.

Profitability

This table compares Evolent Health and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Evolent Health -17.57% -6.44% -5.13%
Evolent Health Competitors -18.12% -11.70% -2.05%

Insider & Institutional Ownership

82.5% of Evolent Health shares are owned by institutional investors. Comparatively, 59.5% of shares of all “Medical Software & Technology Services” companies are owned by institutional investors. 8.8% of Evolent Health shares are owned by insiders. Comparatively, 26.7% of shares of all “Medical Software & Technology Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Evolent Health and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Evolent Health $361.53 million -$51.15 million -13.80
Evolent Health Competitors $376.98 million $34.79 million 8.73

Evolent Health’s competitors have higher revenue and earnings than Evolent Health. Evolent Health is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Evolent Health beats its competitors on 7 of the 11 factors compared.

Evolent Health Company Profile

Evolent Health, Inc. is engaged in healthcare delivery and payment. The Company supports health systems and physician organizations in their migration toward value-based care and population health management. The Company provides an end-to-end, technology-enabled services platform for providers. The Company’s platform, powered by its technology, processes and integrated services, enables providers to migrate their economic orientation from fee-for-service (FFS) reimbursement to payment models that reward value-based payment models. The Company’s services include providing its customers, with a population management platform, integrated data and analytics capabilities, pharmacy benefit management (PBM) services and comprehensive health plan administration services. Its value-based operations are empowered and supported by Identifi. Identifi is the Company’s technology platform that aggregates and analyzes data, manages care workflows and engages patients.

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