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STOCK COMPARISON

Progyny vs UnitedHealth Group: Fair Value & Quality

Both stocks run through our valuation models. Here is how Progyny (PGNY) and UnitedHealth Group (UNH) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees UnitedHealth Group as the more attractively valued of the two: Progyny trades at $26.61 versus a fair value of $16.44 (-38%), while UnitedHealth Group trades at $401 versus $526 (+31%).
Progyny
PGNY · USD · Health Care
-38%
upside to fair value
overvalued
Price$26.61
Fair Value$16.44
Quality73/100
UnitedHealth Group
UNH · USD · Health Care
+31%
upside to fair value
undervalued
Price$401
Fair Value$526
Quality62/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

ProgynyUnitedHealth Group
Valuation
41.9×P/E (TTM)31.9×
1.93×P/S (TTM)0.86×
4.84×P/B4.09×
21.8×EV/EBITDA20.2×
PEG1.49×
−38.2%Fair value upside+31.1%
Dividend yield2.2%
Dividend per share$8.84
Profitability
11%Operating margin8%
2.75×EBIT margin trend (5Y)0.48×
15%Return on equity12%
9%Return on assets4%
Growth
1%Revenue growth (YoY)2%
17.9%Avg. growth/yr (3Y)11.4%
30.2%Avg. growth/yr (5Y)11.7%
+3.1%Value creation/yr−0.4%
Balance & size
104.8×Interest coverage (EBIT/interest)4.7×
0.00×Debt / equity0.77×
$2BMarket cap$384B
healthyGrowth qualitymixed

Progyny leads: 9 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Progynyof which business quality 74 · market factors 58 UnitedHealth Groupof which business quality 60 · market factors 72
ProfitabilityMargins and returns on capital today
61
52
Quality GrowthAre margins and returns improving?
45
48
CashflowEarnings quality: real cash, not paper profit
80
52
Fin. StrengthBalance sheet, leverage, solvency risk
90
51
InvestmentDisciplined investing over empire-building
63
76
Low VolatilityCalm price path (market factor)
37
71
MomentumPrice trend over the last 3–12 months (market factor)
73
72
52W MomentumDistance to the 52-week high (market factor)
55
72
Net IssuanceBuybacks instead of dilution
100
99

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyProgynyPrice $26.61UnitedHealth GroupPrice $401
DCF Models+63%above the price$43.46-10%close to the price$362
Earnings-Based-2%close to the price$26.15-51%below the price$196
Multiples-40%below the price$16.00-35%below the price$259
Asset-Based-83%below the price$4.41-83%below the price$69.43
Growth DCF+98%above the price$52.81-5%close to the price$382
Economic Profit-69%below the price$8.35-54%below the price$186
Growth Earnings+30%above the price$34.71-27%below the price$292
Minimum-83%below the price$4.41-83%below the price$69.43
Maximum+98%above the price$52.81-5%close to the price$382
Median-2%close to the price$26.15-35%below the price$259
Geometric mean-25%below the price$19.88-45%below the price$222

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Progyny: 13 of 24 models see the stock below the current price.

UnitedHealth Group: 19 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Progyny
Bear $12.33Fair Value $16.44Bull $20.54
$26.61 = current price (white tick)
UnitedHealth Group
Bear $368Fair Value $526Bull $657
$401 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Progyny · Health Care

Quality score73 · Top 25%
Fair value upside-38% · below median

UnitedHealth Group · Health Care

Quality score62 · above median
Fair value upside+31% · Top 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees UnitedHealth Group as the more attractively valued of the two: Progyny trades at $26.61 versus a fair value of $16.44 (-38%), while UnitedHealth Group trades at $401 versus $526 (+31%).

Progyny has the higher quality score (73/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.