WallStSmart

Alignment Healthcare LLC (ALHC)vsUnitedHealth Group Incorporated (UNH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

UnitedHealth Group Incorporated generates 10474% more annual revenue ($450.13B vs $4.26B). UNH leads profitability with a 3.1% profit margin vs 0.5%. UNH trades at a lower P/E of 32.9x. UNH earns a higher WallStSmart Score of 62/100 (C+).

ALHC

Hold

45

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 4.3Quality: 6.0
Piotroski: 4/9Altman Z: 2.95

UNH

Buy

62

out of 100

Grade: C+

Growth: 7.3Profit: 5.5Value: 4.0Quality: 6.0
Piotroski: 4/9Altman Z: 2.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ALHCUndervalued (+4.6%)

Margin of Safety

+4.6%

Fair Value

$21.37

Current Price

$18.29

$3.08 discount

UndervaluedFair: $21.37Overvalued
UNHSignificantly Overvalued (-30.5%)

Margin of Safety

-30.5%

Fair Value

$322.25

Current Price

$420.57

$98.32 premium

UndervaluedFair: $322.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALHC1 strengths · Avg: 10.0/10
Revenue GrowthGrowth
33.3%10/10

Revenue surging 33.3% year-over-year

UNH3 strengths · Avg: 10.0/10
Market CapQuality
$391.69B10/10

Mega-cap, among the largest globally

EPS GrowthGrowth
61.5%10/10

Earnings expanding 61.5% YoY

Free Cash FlowQuality
$10.25B10/10

Generating 10.3B in free cash flow

Areas to Watch

ALHC4 concerns · Avg: 3.5/10
Price/BookValuation
18.3x4/10

Trading at 18.3x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
0.5%3/10

0.5% margin — thin

Operating MarginProfitability
1.3%3/10

Operating margin of 1.3%

UNH3 concerns · Avg: 3.7/10
P/E RatioValuation
32.9x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
0.4%4/10

0.4% revenue growth

Profit MarginProfitability
3.1%3/10

3.1% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : ALHC

The strongest argument for ALHC centers on Revenue Growth. Revenue growth of 33.3% demonstrates continued momentum.

Bull Case : UNH

The strongest argument for UNH centers on Market Cap, EPS Growth, Free Cash Flow. PEG of 1.43 suggests the stock is reasonably priced for its growth.

Bear Case : ALHC

The primary concerns for ALHC are Price/Book, EPS Growth, Profit Margin. A P/E of 206.0x leaves little room for execution misses. Debt-to-equity of 1.59 is elevated, increasing financial risk.

Bear Case : UNH

The primary concerns for UNH are P/E Ratio, Revenue Growth, Profit Margin. Thin 3.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

ALHC profiles as a hypergrowth stock while UNH is a value play — different risk/reward profiles.

ALHC carries more volatility with a beta of 1.05 — expect wider price swings.

ALHC is growing revenue faster at 33.3% — sustainability is the question.

UNH generates stronger free cash flow (10.3B), providing more financial flexibility.

Bottom Line

UNH scores higher overall (62/100 vs 45/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alignment Healthcare LLC

HEALTHCARE · HEALTHCARE PLANS · USA

Alignment Healthcare, Inc. provides a consumer-centric platform that provides personalized healthcare to seniors in the United States. The company is headquartered in Orange, California.

UnitedHealth Group Incorporated

HEALTHCARE · HEALTHCARE PLANS · USA

UnitedHealth Group Incorporated is an American for-profit multinational managed healthcare and insurance company based in Minnetonka, Minnesota. It offers health care products and insurance services. In 2020, it was the second-largest healthcare company (behind CVS Health) by revenue with $257.1 billion, and the largest insurance company by net premiums. UnitedHealthcare revenues comprise 80% of the Group's overall revenue.

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