Performant Healthcare, Inc.
Performant Financial provides technology-enabled audit, recovery, and analytics services in the US. The company identifies improper payments due to coding errors, incomplete documentation, or outdated fee schedules. It also offers outsourced services like call center support. Performant Insight provides post- and pre-payment audits, fraud detection, and coordination of benefits. The company serves government and commercial healthcare markets. Founded in 1976, it is headquartered in Florida.
Overview
Sector
Health Information Services
Strengths
- No significant strengths identified based on the analyzed metrics.
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Price to book ratio (3.39) is significantly higher than the sector mean (2.07).
- Analysts expect revenues to decline in the coming year.
- The company has high debt. Net Debt to EBITDA Ratio (12.28) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (3.94%) is significantly lower than the sector mean (7.34%).
- EV/EBITDA (344.20) is significantly higher than the sector mean (41.92).
- EV/EBIT (100.00) is significantly higher than the sector mean.
- The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.
- EBITDA Margin (0.73%) appears relatively low.
Key Financial Data
| Indicator | Value |
|---|
| PER | 100.0 |
| EV/EBITDA | 344.2 |
| Price/Free Cash Flow' | 100.0 |
| ROIC | 3.9% |
| Net Debt/EBITDA | 12.3 |