Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: HQY stock price vs UGI: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at UGI's multiple
Needs UGI P/E.
Implied fair value · at HQY's multiple
Needs HQY P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: HQY FY 2026 (ended Jan 31, 2026) · UGI FY 2025 (ended Sep 30, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 89% equity / 11% debt · EV / Revenue 6.54x · EV / EBITDA 17.72x
Capital structure 55% equity / 45% debt · EV / Revenue 2.00x · EV / EBITDA 8.93x
UGI carries the larger enterprise value at $14.57B against $8.58B; UGI trades on the lower EV / Revenue multiple (2.00x vs 6.54x); UGI on the lower EV / EBITDA (8.93x vs 17.72x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
HEALTHEQUITY, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
UGI CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.45x
1.42x
Net debt / EBITDA
Leverage against operating earnings
1.32x
3.94x
Cash and equivalents
Liquid reserves on the balance sheet
$318.93M
$335.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Paylocity Holding Corp
HQY vs PCTY
Paycom Software, Inc.
HQY vs PAYC
AUTOMATIC DATA PROCESSING INC
HQY vs ADP
WEX Inc.
HQY vs WEX
NISOURCE INC.
HQY vs NI
ATMOS ENERGY CORP
HQY vs ATO
Southwest Gas Holdings, Inc.
HQY vs SWX
MGE ENERGY INC
HQY vs MGEE
PG&E Corp
HQY vs PCG
DTE ENERGY CO
HQY vs DTE
$957.38M
$6.77B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.
