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Added to YB: 2025-12-08

Pitch date: 2025-12-04

PRVA [bullish]

Privia Health Group, Inc.

+1.25%

current return

Author Info

Ex L/S Hedge Fund. Actionable investment ideas & write-ups on GARP and Value. Sector generalist / focus on multi-year theses. Sign up for the newsletter.

Company Info

Privia Health Group, Inc. operates as a national physician-enablement company in the United States. The company collaborates with physician practices, health plans, and health systems.

Market Cap

$3.0B

Pitch Price

$24.04

Price Target

41.30 (+66%)

Dividend

N/A

EV/EBITDA

65.09

P/E

173.47

EV/Sales

1.28

Sector

Health Care Providers and Services

Category

growth

Show full summary:
New Idea: Healthcare Compounder with ~70% upside - Privia Health Group, Inc.

PRVA: Tech-enabled physician enablement platform partnering with independent medical groups for VBC transition. Asset-light model w/ minimal CapEx, 62% Q3 EBITDA growth, guiding 32% '25 growth. Trading 17x '26 EBITDA, 20x '26 FCF vs peers at 16x. ~70% upside to $41 target at 25x FCF multiple. Catalysts: Evolent ACO acquisition close Q4, ACA regulatory fears abating.

Read full article (8 min)