Added to YB: 2026-08-28
Pitch date: 2026-08-26
CRVL [neutral]
CorVel Corporation
-0.72%
current return
Author Info
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Company Info
CorVel Corporation provides workers’ compensation, general and auto liability, and hospital bill auditing and payment integrity solutions.
Market Cap
$3.6B
Pitch Price
$69.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.26
P/E
31.28
EV/Sales
3.38
Sector
Health Care Providers and Services
Category
growth
CorVel Stock Analysis: Why a Claims Administrator With No Debt May Be More Software-Like Than It Looks
CRVL (overview): CorVel screens as a software-like claims administrator: FY2026 gross/operating margins were ~24%/15%, improving to ~26%/17% in the latest quarter as EPS rose 21%; normalized owner earnings are estimated at ~$110M-$120M, with $256M of cash and no debt. Growth is shifting to higher-margin Network Solutions, now 38% of revenue and up 15% through cross-selling. Fair-value ranges are $46-$53 for a first purchase, $37-$44 for a very good entry and $26-$32 for a compelling entry. Key risk: customers or large insurers internalizing or bundling claims work could erode the workflow-integration moat.
Read full article (4 min)