Verdict: Side-by-side breakdown using the Bull Rankings model. PRVA scored 56.0, WAY scored 62.0 — WAY leads.
Compare another set
PRVA
Privia Health Group, Inc.
Health Information Services · Quality-Growth
56
$20.85 · $2.7B
fundamentals as of
Score gap
6.0
WAY leads
WAY
Waystar Holding Corp.
Health Information Services · Quality-Growth
62
$26.68 · $5.1B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestWAY38.1x
Fastest growthPRVA+24.1%
Strongest balance sheetPRVA0.01
Highest qualityWAY46 / 100
Largest discount to fair valuePRVA-20%
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)
PRVA
stronger →← stronger
WAY
44
Qualityreturns · margins · balance sheet
46
79
Growthrevenue & earnings expansion
89
50
Valuevaluation vs sector peers
58
WAY is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
PRVA
WAY
$131mC
FCF
$246mC
+24.1%A-
Rev
+19.2%B+
0.01A-
D/E
0.37B
99.3xD
P/E
38.1xC+
27.41D
PEG
3.02D
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
PRVA
WAY
20% below
Price vs fair valuelower is cheaper
7% above
~7%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~12%/yr
+1%
1-yr DCF upside
-20%
+25%
5-yr DCF upside
-7%
+74%
10-yr DCF upside
+16%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
PRVA
Why this score
Diluting shareholders
WAY
Why this score
Diluting shareholders
Short track record
The companies
PRVAPrivia Health Group, Inc.
Health Information Services · $20.85 · beta 0.80
Why now
Health Information Services · market cap $2.7b. Down 28% from 52-week high of $28.82 — deep drawdown territory. Revenue growing +24%, comfortably above the S&P median. 17 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $31.47 (implying +51% upside).
Moat
Free cash flow runs well ahead of reported net income, mostly because of stock-based pay ($76m) — a real cost to shareholders, paid in shares rather than cash.
Risk
Trailing P/E 99.3x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. Net margin 1.2% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. ROE 4% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
WAYWaystar Holding Corp.
Health Information Services · $26.68 · beta 0.18
Why now
Health Information Services · market cap $5.1b. Down 34% from 52-week high of $40.35 — deep drawdown territory. Revenue growing +19%, comfortably above the S&P median. 22 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $33.77 (implying +27% upside).
Moat
FCF converts 183% of net income — earnings translate cleanly into cash.
Risk
Down 34% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Trailing P/E 38x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. ROE 3% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
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 PRVA and WAY diverge
On the headline score the gap is 6.0 points in favor of WAY. The widest single difference is Growth, where WAY leads by 9.8 points.
GrowthPRVA 78.7 · WAY 88.5WAY +9.8
ValuePRVA 50.4 · WAY 58.3WAY +7.9
QualityPRVA 44.2 · WAY 46.1level
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 WAY or PRVA the better stock?
WAY scores higher: WAY 62.0, PRVA 56.0 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 WAY and PRVA differ most?
The widest gap is growth, where WAY leads by 10 points on the 0–100 pillar scale. WAY also leads value, while quality is effectively level between them.
How are WAY and PRVA 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.