Hinge Health Inc vs Healthequity Inc

We do not publish a verdict for Hinge Health Inc (HNGE) and Healthequity Inc (HQY) is slightly overvalued.

We publish an intrinsic value for HQY but not for HNGE, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Hinge Health Inc (HNGE)

We do not publish a value for this company: it has no growth history of its own to project.

Leak Score 59/100 on 3 of 12 signals

Healthequity Inc (HQY)

Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $77.73; the price of $91.75 is 18% above that value, and 83% of that value comes from beyond year five.

Leak Score 43/100 on 3 of 12 signals

MetricHNGEHQY
VerdictNot valuedSlightly overvalued
Price$94.15$91.75
Intrinsic value$77.73
Margin of safety-18%
Leak Score59/100 (3/12)43/100 (3/12)
Market cap$7.6B$7.6B
Revenue growth, 5 years12.4%
Operating margin13.5%26.1%
Net margin14.8%17.4%
Return on equity29.6%11.4%
Debt to equity0.020.49
P/E72.5x33.1x
Forward P/E32.2x16.7x
P/B21.9x3.8x

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