Regression valuation
Fit an ordinary least squares regression of a valuation multiple against a fundamental driver. Each company's residual quantifies how much it trades above or below where the comp set says it should. Inspired by Meritech's growth-adjusted multiple framework.Snapshot: 2026-08-04.
All sectorsApplication SoftwareInfrastructure & Data SoftwareCybersecurityFintechInternet & Digital CommerceConsumer Internet, Media & GamingHealthcare ServicesMedical Devices & DiagnosticsSemiconductorsPharma & BiotechIndustrial, Aerospace & DefenseFinancial ServicesBusiness ServicesUtilitiesEnergyMaterialsTransportationConsumer DiscretionaryConsumer StaplesReal EstateCommunications & Telecom
Universe: Healthcare Services · 13 companies
Model
y = 14.86·x + 1.31
n = 13 · R² = 0.589
Most undervalued vs. model
Trading below the regression line
| Ticker | Actual | Model | Residual |
|---|---|---|---|
| MCKMcKesson Corporation | 0.2x | 2.8x | -91.6% |
| RDNTRadNet, Inc. | 2.6x | 5.8x | -55.4% |
| PHRPhreesia, Inc. | 1.4x | 2.8x | -50.9% |
| HNGEHinge Health, Inc. | 6.3x | 10.4x | -39.5% |
| TDOCTeladoc Health, Inc. | 0.6x | 0.8x | -27.1% |
Most overvalued vs. model
Trading above the regression line
| Ticker | Actual | Model | Residual |
|---|---|---|---|
| OPKOPKO Health, Inc. | 1.8x | 0.7x | 166.0% |
| DOCSDoximity, Inc. | 4.9x | 2.2x | 118.6% |
| NTRANatera, Inc. | 12.4x | 6.5x | 90.0% |
| GHGuardant Health, Inc. | 13.7x | 10.8x | 26.1% |
| EXASExact Sciences Corporation | 5.4x | 4.7x | 15.5% |