Verdict: Side-by-side breakdown using the Bull Rankings model. HNGE scored 72.0, HQY scored 69.2 — HNGE leads.
Compare another set
HNGE
Hinge Health, Inc.
Health Information Services · Quality-Growth
72
$102.90 · $8.3B
fundamentals as of
Score gap
2.8
HNGE leads
HQY
HealthEquity, Inc.
Health Information Services · Quality-Growth
69.2
$92.61 · $7.7B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestHNGE32.4x
Fastest growthHNGE+50.6%
Strongest balance sheetHNGE0.02
Highest qualityHNGE97 / 100
Largest discount to fair valueHQY-2%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
HNGE
stronger →← stronger
HQY
97
Qualityreturns · margins · balance sheet
71
88
Growthrevenue & earnings expansion
78
53
Valuevaluation vs sector peers
60
HNGE is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
HNGE
HQY
$284mC
FCF
$437mC
+50.6%A
Rev
+9.5%B
0.02A-
D/E
0.49B
32.4xC+
P/E
33.4xC+
4.23D
PEG
1.14B+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
HNGE
HQY
26% above
Price vs fair valuelower is cheaper
2% below
~21%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~8%/yr
-39%
1-yr DCF upside
-9%
-21%
5-yr DCF upside
+2%
+17%
10-yr DCF upside
+19%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HNGE
Why this score
Short track record
HQY
Why this score
Buying back stock
The companies
HNGEHinge Health, Inc.
Health Information Services · $102.90
Why now
Health Information Services · market cap $8.3b. Trading near 52-week high of $103.28 — momentum setup, limited technical margin of safety. Revenue growing +51% — in hypergrowth territory. 16 sell-side analysts rate this a Buy with a mean 1-yr target of $110.56 (implying +7% upside).
Moat
Net margin 15% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 30% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. Free cash flow runs well ahead of reported net income.
Risk
Trading within 0% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Trailing P/E 32x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. P/S 11.5x embeds aggressive forward growth — disappointing top-line guidance would compress the multiple hard.
HQYHealthEquity, Inc.
Health Information Services · $92.61 · beta 0.24
Why now
Health Information Services · market cap $7.7b. 14% off the 52-week high of $107.62. 15 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $119.33 (implying +29% upside).
Moat
Net margin 17% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 11% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 185% of net income — earnings translate cleanly into cash.
Risk
Trailing P/E 33x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where HNGE and HQY diverge
On the headline score the gap is 2.8 points in favor of HNGE. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
QualityHNGE 97.0 · HQY 71.1HNGE +25.9
GrowthHNGE 87.8 · HQY 77.9HNGE +9.9
ValueHNGE 53.3 · HQY 59.9HQY +6.6
Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.
Common questions
Is HNGE or HQY the better stock?
HNGE scores higher: HNGE 72.0, HQY 69.2 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do HNGE and HQY differ most?
The widest gap is quality, where HNGE leads by 26 points on the 0–100 pillar scale. Neither name sweeps: they trade the lead across the three pillars, so the comparison is a trade-off rather than one being better on every measure.
How are HNGE and HQY scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.