Critical Comparison: P3 Health Partners (PIII) vs. The Competition

P3 Health Partners (NASDAQ:PIII) is one of 32 publicly-traded companies in the “Health services” industry, but how does it compare to its peers? We will compare P3 Health Partners to similar businesses based on the strength of its profitability, valuation, earnings, risk, dividends, analyst recommendations and institutional ownership.

Profitability

This table compares P3 Health Partners and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
P3 Health Partners	-10.92%	-2,471.27%	33.63%
P3 Health Partners Competitors	-163.10%	-230.92%	-18.53%

Volatility & Risk

P3 Health Partners has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500. Comparatively, P3 Health Partners’ peers have a beta of 1.50, meaning that their average share price is 50% more volatile than the S&P 500.

Institutional and Insider Ownership

23.6% of P3 Health Partners shares are held by institutional investors. Comparatively, 46.9% of shares of all “Health services” companies are held by institutional investors. 17.1% of P3 Health Partners shares are held by insiders. Comparatively, 22.9% of shares of all “Health services” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares P3 Health Partners and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
P3 Health Partners	$1.14 billion	-$270.13 million	0.00
P3 Health Partners Competitors	$1.69 billion	-$102.87 million	22.81

P3 Health Partners’ peers have higher revenue and earnings than P3 Health Partners. P3 Health Partners is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings for P3 Health Partners and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
P3 Health Partners	0	1	1	0	2.50
P3 Health Partners Competitors	10	158	310	0	2.63

P3 Health Partners currently has a consensus target price of $5.00, indicating a potential upside of 135.85%. As a group, “Health services” companies have a potential upside of 109.04%. Given P3 Health Partners’ higher probable upside, research analysts clearly believe P3 Health Partners is more favorable than its peers.

Summary

P3 Health Partners peers beat P3 Health Partners on 9 of the 12 factors compared.

P3 Health Partners Company Profile

P3 Health Partners Inc., a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. The company is based in Henderson, Nevada.