Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Waystar Holding's Enterprise Value is $4,962 Mil.
Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $265 Mil. Therefore, Waystar Holding's EV-to-EBIT ratio for today is 18.76.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Waystar Holding's Enterprise Value is $4,962 Mil.
Waystar Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $413 Mil. Therefore, Waystar Holding's EV-to-EBITDA ratio for today is 12.01.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Waystar Holding's Enterprise Value is $4,962 Mil.
Waystar Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,157 Mil. Therefore, Waystar Holding's EV-to-Revenue ratio for today is 4.29.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Waystar Holding's Enterprise Value is $4,962 Mil.
Waystar Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $294 Mil. Therefore, Waystar Holding's EV-to-FCF ratio for today is 16.88.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Waystar Holding (NAS:WAY) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Waystar Holding's current Enterprise Value is $4,962 Mil.
Waystar Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $265 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Waystar Holding's current Enterprise Value is $4,962 Mil.
Waystar Holding's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $413 Mil.
Waystar Holding's current Enterprise Value is $4,962 Mil.
Waystar Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,157 Mil.
Waystar Holding's current Enterprise Value is $4,962 Mil.
Waystar Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $330 Mil.
Waystar Holding's current Enterprise Value is $4,962 Mil.
Waystar Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $294 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waystar Holding Enterprise Value Related Terms
Waystar Holding Enterprise Value Historical Data
* Premium members only.
The historical data trend for Waystar Holding's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WAY vs DOCS, TXG, HNGE: Enterprise Value Comparison
For the Health Information Services subindustry, Waystar Holding's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waystar Holding Enterprise Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Waystar Holding's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Waystar Holding's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Waystar Holding's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waystar Holding (WAY) has a Enterprise Value of $4,962 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Waystar Holding and its competitors.
Is Waystar Holding's Enterprise Value too high?
Waystar Holding's current Enterprise Value is $4,962 Mil. Overall, Waystar Holding has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Waystar Holding's Enterprise Value compare to DOCS and TXG?
Waystar Holding's Enterprise Value of $4,962 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Waystar Holding and its competitors. Waystar Holding's current Enterprise Value is $4,962 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waystar Holding stock overvalued right now?
Waystar Holding (WAY) has a current Enterprise Value of $4,962 Mil. The current Enterprise Value is $4,962 Mil. Waystar Holding's overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Waystar Holding (WAY), the current Enterprise Value is $4,962 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Waystar Holding Corp is a provider of mission-critical cloud technology to healthcare organizations. Its enterprise-grade platform transforms the complex and disparate processes comprising healthcare payments received by healthcare providers from payers and patients, from pre-service engagement through post-service remittance and reconciliation. its platform enhances data integrity, eliminates manual tasks, and improves claim and billing accuracy, which results in transparency, reduced labor costs, and faster, more accurate reimbursement and cash flow. The market for solutions extends throughout the United States and includes Puerto Rico and other USA Territories.
16GF Score
Get the complete analysis for WAY
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