WAY vs ALM

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

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

WAY vs ALM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

WAY

$3.99B

ALM

$3.98B

Max Drawdown

WAY

61.83%

Winner

ALM

43.88%

Sharpe Ratio

WAY

-0.89

Winner

ALM

1.66

5Y Beta

Winner

WAY

0.77

ALM

2.72

Industry

WAY

Health Information Services

ALM

Other Industrial Metals & Mining

P/E Ratio

WAY

30.11

Winner

ALM

-33.42

Forward P/E

Winner

WAY

12.84

ALM

45.25

PEG Ratio

WAY

0.08

Winner

ALM

-0.25

Debt to Equity

Winner

WAY

37.33%

ALM

46.33%

Free Cash Flow Yield

Winner

WAY

8.29%

ALM

-1.46%

P/S Ratio

Winner

WAY

3.45

ALM

81.08

P/B Ratio

Winner

WAY

1.05

ALM

16.92

WAY vs ALM - Historical Returns

Returns include dividend reinvestment.

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

Winner

WAY

+18.47%

ALM

-18.96%

Winner

WAY

-11.45%

ALM

-39.14%

WAY

-24.92%

Winner

ALM

+19.96%

WAY

-39.13%

Winner

ALM

+200.45%

Max(CAGR)

WAY

+4.02%

Winner

ALM

+172.29%

WAY vs ALM - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

WAY vs ALM Drawdown Comparison

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

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

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

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

Correlation

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

-0.93

-101