ALM vs WAY

Comparison between Alma Metals Limited (ALM, Company) and Waystar Holding Corp (WAY, Company).

ALM is from the Basic Materials sector, while WAY is from the Healthcare sector.

ALM vs WAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ALM(COMPANY)	WAY(COMPANY)
Market Cap	$3.98B	$3.99B
Max Drawdown	43.88%	61.83%
Sharpe Ratio	1.66	-0.89
5Y Beta	2.72	0.77
Industry	Other Industrial Metals & Mining	Health Information Services
P/E Ratio	-33.42	30.11
Forward P/E	45.25	12.84
PEG Ratio	-0.25	0.08
Debt to Equity	46.33%	37.33%
Free Cash Flow Yield	-1.46%	8.29%
P/S Ratio	81.08	3.45
P/B Ratio	16.92	1.05

Market Cap

ALM

$3.98B

Winner

WAY

$3.99B

Max Drawdown

Winner

ALM

43.88%

WAY

61.83%

Sharpe Ratio

Winner

ALM

1.66

WAY

-0.89

5Y Beta

ALM

2.72

Winner

WAY

0.77

Industry

ALM

Other Industrial Metals & Mining

WAY

Health Information Services

P/E Ratio

Winner

ALM

-33.42

WAY

30.11

Forward P/E

ALM

45.25

Winner

WAY

12.84

PEG Ratio

Winner

ALM

-0.25

WAY

0.08

Debt to Equity

ALM

46.33%

Winner

WAY

37.33%

Free Cash Flow Yield

ALM

-1.46%

Winner

WAY

8.29%

P/S Ratio

ALM

81.08

Winner

WAY

3.45

P/B Ratio

ALM

16.92

Winner

WAY

1.05

ALM vs WAY - Historical Returns

Returns include dividend reinvestment.

Period	ALM	WAY
1 month	-18.96%	+18.47%
3 months	-39.14%	-11.45%
6 months	+19.96%	-24.92%
1 year	+200.45%	-39.13%
Max(CAGR)	+172.29%	+4.02%

ALM

-18.96%

Winner

WAY

+18.47%

ALM

-39.14%

Winner

WAY

-11.45%

Winner

ALM

+19.96%

WAY

-24.92%

Winner

ALM

+200.45%

WAY

-39.13%

Max(CAGR)

Winner

ALM

+172.29%

WAY

+4.02%

ALM vs WAY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ALM	WAY
2026	+51.59%	-28.24%
2025	+84.70%	-8.90%
2024	N/A	+77.29%

ALM vs WAY Drawdown Comparison

The maximum drawdown for ALM was -43.88%, occurring on Nov 21, 2025. Recovery took 67 trading sessions.

The maximum drawdown for WAY was -61.83%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The current ALM drawdown is -43.04%. The current WAY drawdown is -50.36%.

Rank	ALM	WAY
#1	-43.88% Oct 14, 2025 - Jan 21, 2026	-61.83% Feb 14, 2025 - Jun 22, 2026
#2	-43.74% Apr 17, 2026 - Jul 16, 2026	-9.29% Jul 23, 2024 - Aug 8, 2024
#3	-38.20% Mar 11, 2026 - Apr 16, 2026	-9.02% Jun 11, 2024 - Jul 22, 2024
#4	-29.92% Jul 15, 2025 - Sep 18, 2025	-6.06% Nov 7, 2024 - Dec 10, 2024
#5	-13.89% Feb 9, 2026 - Feb 23, 2026	-5.82% Dec 26, 2024 - Jan 24, 2025
#6	-9.65% Mar 2, 2026 - Mar 10, 2026	-4.05% Sep 26, 2024 - Oct 29, 2024
#7	-6.77% Jan 28, 2026 - Feb 3, 2026	-3.69% Sep 6, 2024 - Sep 26, 2024
#8	-5.88% Sep 23, 2025 - Sep 29, 2025	-3.25% Jan 30, 2025 - Feb 5, 2025
#9	-5.15% Feb 3, 2026 - Feb 6, 2026	-2.57% Aug 30, 2024 - Sep 6, 2024
#10	-4.15% Jan 26, 2026 - Jan 28, 2026	-2.45% Feb 5, 2025 - Feb 11, 2025
#11	-1.64% Sep 29, 2025 - Oct 2, 2025	-2.23% Dec 17, 2024 - Dec 20, 2024
#12	-1.02% Oct 9, 2025 - Oct 13, 2025	-1.73% Aug 19, 2024 - Aug 28, 2024
#13	N/A	-1.25% Jan 24, 2025 - Jan 28, 2025
#14	N/A	-0.84% Aug 13, 2024 - Aug 15, 2024
#15	N/A	-0.42% Nov 1, 2024 - Nov 5, 2024

Correlation

Correlation between ALM and WAY is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101