COMP <GO>
ANDG vs HQY // EV/EBITDA & P/E VALUATION
Andersen Group Inc. (Class A) (NYSE) VS. HealthEquity Inc. (NASDAQ) • 15-METRIC TALLY: ANDG 4
— HQY 6
■ METRIC PARITY
LAST: $65.55 (+1.05%) • MKT CAP: $7.39B
valuation
—
LAST: $102.47 (+1.10%) • MKT CAP: $8.38B
valuation
27.8x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ANDG VS. HQY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ANDG | HQY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 69.50% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -28.90% | 9.30% | -38.20 | HQY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 27.8x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 2.36% | 5.43% | -3.07 | HQY | /fcf-yield <GO> |
| Operating Margin | -16.10% | 24.60% | -40.70 | HQY | /operating-margins <GO> |
| Net Profit Margin | -0.30% | 16.40% | -16.70 | HQY | /net-margins <GO> |
| Revenue Growth (YoY) | 14.60% | 9.50% | +5.10 | ANDG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.87% | 0.00% | +2.87 | ANDG | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.29 | 4.86 | +3.43 | ANDG | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 9/9 | -4.00 | HQY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 72.3 | 62.4 | +9.88 | ANDG | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.96 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 36.3x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.39B | $8.38B | -$991.9M | HQY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ANDG REV | HQY REV | ANDG GROSS % | HQY GROSS % | ANDG FCF | HQY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $838.7M | $1.31B | — | 69.5% | $174.3M | $455.1M |
| FY 2024 | $731.6M | $1.20B | — | 64.8% | $143.7M | $337.8M |
| FY 2023 | $639.1M | $999.6M | — | — | $118.1M | $197.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ANDG // BETA —
HQY // BETA 0.96