HealthEquity (FRA:2HE) PEG Ratio: 0.79 (As of Jul. 07, 2026) — 58% Below Median


FRA:2HE HealthEquity Inc FRA:2HE
93 GF Score
Price €82.50
GF Value €89.81
! 3 Warning Signs
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What is HealthEquity PEG Ratio?

HealthEquity FRA:2HE -0.60% 93 PEG Ratio is 0.79 as of Jul. 07, 2026, which is 58% below its 10-year median of 1.88. GuruFocus rates FRA:2HE with a GF Score™ of 93/100 and a GF Value™ of €89.81. The stock has 3 warning signs investors should review. Among 225 Healthcare Providers & Services companies, HealthEquity ranks better than 72.44% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, HealthEquity's PE Ratio without NRI is 22.53. HealthEquity's 5-Year EBITDA growth rate is 28.40%. Therefore, HealthEquity's PEG Ratio for today is 0.79.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for HealthEquity's PEG Ratio or its related term are showing as below:

FRA:2HE' s PEG Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.88   Max: 15.73
Current: 0.78


During the past 13 years, HealthEquity's highest PEG Ratio was 15.73. The lowest was 0.53. And the median was 1.88.


FRA:2HE's PEG Ratio is ranked better than
72.44% of 225 companies
in the Healthcare Providers & Services industry
Industry Median: 1.41 vs FRA:2HE: 0.78

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


HealthEquity  (FRA:2HE) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


HealthEquity PEG Ratio Related Terms


HealthEquity PEG Ratio Historical Data

* Premium members only.

The historical data trend for HealthEquity's PEG Ratio 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.

HealthEquity PEG Ratio Chart

HealthEquity Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 12.60 4.60 1.80 0.67

HealthEquity Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.10 0.91 0.67 0.53

FRA:2HE vs HNGE, TEM, TXG: PEG Ratio Comparison

For the Health Information Services subindustry, HealthEquity's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


HealthEquity PEG Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's PEG Ratio distribution charts can be found below:

* The bar in red indicates where HealthEquity's PEG Ratio falls into.


FRA:2HE
93GF Score
HealthEquity Inc FRA:2HE
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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HealthEquity PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

HealthEquity's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=22.528672856363/28.40
=0.79

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 0.79 mean?
HealthEquity (FRA:2HE) has a PEG Ratio of 0.79 as of Jul. 07, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on HealthEquity and its competitors. This is 58% below median its historical median of 1.88. Over the past decade, HealthEquity's PEG Ratio has ranged from 0.53 to 15.73. According to the industry distribution chart, HealthEquity ranks #62 out of 225 companies in the Healthcare Providers & Services industry, placing it in the top 27.6%.
Is HealthEquity's PEG Ratio too high?
HealthEquity's current PEG Ratio of 0.79 is 58% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 15.73. The Healthcare Providers & Services industry median PEG Ratio is 1.41. HealthEquity's value of 0.79 is 44% below this industry median. Based on the distribution chart, HealthEquity ranks #62 out of 225 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, HealthEquity has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does HealthEquity's PEG Ratio compare to HNGE and TEM?
According to the Healthcare Providers & Services industry distribution chart, HealthEquity ranks #62 out of 225 companies for PEG Ratio. This puts HealthEquity in the upper half of its industry. The industry median PEG Ratio is 1.41. HealthEquity's value of 0.79 is 44% below this benchmark. Historically, HealthEquity's own PEG Ratio has ranged from 0.53 to 15.73 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.41, HealthEquity has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Healthcare Providers & Services company?
The median PEG Ratio among Healthcare Providers & Services companies is 1.41, based on 225 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HealthEquity's current PEG Ratio of 0.79 is 44% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on HealthEquity and its competitors. For the Healthcare Providers & Services industry, the median PEG Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HealthEquity's current PEG Ratio is 0.79, which is 58% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthEquity stock overvalued right now?
HealthEquity (FRA:2HE) has a current PEG Ratio of 0.79. The stock's GF Value™ is €89.81, compared to a current price of €82.50 — trading 8.1% below its estimated fair value. The current PEG Ratio is 0.79, which is 58% below median its 10-year median of 1.88 and 44% below the Healthcare Providers & Services industry median of 1.41. HealthEquity's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For HealthEquity (FRA:2HE), the current PEG Ratio is 0.79 as of Jul. 07, 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.

Is HealthEquity (FRA:2HE) Overvalued in 2026?

Based on GuruFocus' analysis, HealthEquity stock appears to be undervalued. The current stock price of €82.50 is trading 8.1% below its estimated GF Value™ of €89.81.

Key valuation signals for FRA:2HE:

  • PEG Ratio: 0.79 (58% below median its 10-year median of 1.88)
  • GF Value™: €89.81 vs. price of €82.50 (8.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 44% below the Healthcare Providers & Services median (#62 of 225)

No single metric tells the full story. See the FRA:2HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HealthEquity Business Description

Other Exchanges HQY:USA
Address 15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
93GF Score

Get the complete analysis for FRA:2HE

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€82.50
Price
€89.81
GF Value