Stock AnalizWaystar Holding Corp. WAY
EDP Services · IPO 2024 · data as of November 13, 2026
Waystar Holding Corp. (WAY) is a technology company listed in the US with a market value of about $5.4B. In the twelve months to September 30, 2026 it had revenue of $1.3B and net income of $135M, a net margin of 10.7%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a P/E of 40.6, a price to free cash flow of 20.4, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 15% below the current price.
Score: 1.8 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 4 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $944M | $791M | $705M |
| Net income | $135M | $112M | -$19M | -$51M | -$51M |
| Free cash flow | $264M | $283M | $142M | $30M | $85M |
| EPS (diluted) | $0.69 | $0.61 | $-0.13 | $-0.42 | $-0.42 |
| Net margin | 10.7% | 10.2% | -2.0% | -6.5% | -7.3% |
| ROIC | — | 3.0% | 2.4% | 2.6% | 3.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $34.64, 24% above the current price; targets range from $28.00 to $44.00; the consensus rating is “Strong buy”; expected EPS is $1.69 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Waystar Holding’s P/E ratio?
About 40.6, based on the last twelve months of diluted earnings per share (forward P/E about 15.6).
Is Waystar Holding stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 15% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Waystar Holding pay a dividend?
Not currently.
Is Waystar Holding a good stock to buy?
We do not give buy or sell advice. Waystar Holding scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.