ELUT

Elutia Inc.

There isn't enough reported data to score ELUT yet.

UNH

UnitedHealth Group Incorporated

62
Fundamentals51/ 100
Valuation56/ 100
Upside potential71/ 100
Risk potential15/ 100

UNH's fundamentals are mixed: free cash flow grew 31%, but earnings per share fell 8.5%. At 23x earnings, it's trading right at its usual valuation. Analysts expect strong earnings growth, though they disagree widely on how much.

ELUT Fundamentals

MetricStatus
Weak
Under pressure
Weak
Unavailable

ELUT's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.

UNH Fundamentals

MetricStatus
Stable
Stable
Healthy
Healthy

UNH's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.

ELUT PE Valuation

CHEAPFAIREXPENSIVE0.3x0.7x1.0x1.4x
CHEAPFAIREXPENSIVE0.3x0.7x1.0x1.4x
LevelPEPriceVs current
Cheap0.8x$0.94+7.2%
Current0.8x$0.88—
Fair1x$1.18+34%
Expensive1.2x$1.43+62%

Historical ranges are pointers, not guarantees.

ELUT has the edge over UNH in the historical PE scenario, which offers more potential upside but is not a forecast.

UNH PE Valuation

CHEAPFAIREXPENSIVE10x21x31x42x
CHEAPFAIREXPENSIVE10x21x31x42x
LevelPEPriceVs current
Forward18x$405—
Cheap19x$325-20%
Fair23x$410+1.2%
Current23x$405—
Expensive30x$526+30%

Historical ranges are pointers, not guarantees.

UNH's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 18x next year's earnings, in its cheap range.

ELUT Forward outlook

There aren't enough analyst estimates for ELUT to show an outlook.

UNH Forward outlook

MetricOutlook
Strongly improving
Strong growth
Stable
Improving
Moderate
Low

Analysts expect UNH's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.

ELUT Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $0.88 on Nov 12.

There is not enough scenario data to compare ELUT and UNH's risk to reward.

UNH Risk to reward

ScenarioChangePrice
Upside+36%$550.65
Downside-15%$346.07

Calculated from the latest close: $405.13 on Nov 12.

There is not enough scenario data to compare ELUT and UNH's risk to reward.

ELUT Earnings Per Share

Q4 2023: $-2.07Q1 2024: $-2.33Q2 2024: $-2.81Q3 2024: $-2.57Q4 2024: $-2.47Q1 2025: $-1.93Q2 2025: $-1.06Q3 2025: $-0.92Q4 2025: $0.87Q1 2026: $0.91Q2 2026: $1.00Q3 2026: $1.15
Q4 2023: $-2.07Q1 2024: $-2.33Q2 2024: $-2.81Q3 2024: $-2.57Q4 2024: $-2.47Q1 2025: $-1.93Q2 2025: $-1.06Q3 2025: $-0.92Q4 2025: $0.87Q1 2026: $0.91Q2 2026: $1.00Q3 2026: $1.15
QuarterTTM EPSYoY
Q3 2026$1.15+$2.07
Q2 2026$1.00+$2.06
Q1 2026$0.91+$2.84
Q4 2025$0.87+$3.34
Q3 2025-$0.92+$1.65
Q2 2025-$1.06+$1.75
Q1 2025-$1.93+$0.40
Q4 2024-$2.47-$0.40

ELUT has the edge over UNH on earnings, with more consistent year-over-year improvement.

UNH Earnings Per Share

Q4 2023: $23.86Q1 2024: $16.38Q2 2024: $15.10Q3 2024: $15.37Q4 2024: $15.51Q1 2025: $23.89Q2 2025: $23.09Q3 2025: $19.17Q4 2025: $13.23Q1 2026: $13.28Q2 2026: $15.58Q3 2026: $17.55Forward: $22.65
Q4 2023: $23.86Q1 2024: $16.38Q2 2024: $15.10Q3 2024: $15.37Q4 2024: $15.51Q1 2025: $23.89Q2 2025: $23.09Q3 2025: $19.17Q4 2025: $13.23Q1 2026: $13.28Q2 2026: $15.58Q3 2026: $17.55Forward: $22.65
QuarterTTM EPSYoY
Forward$22.65+29%
Q3 2026$17.55-8.5%
Q2 2026$15.58-33%
Q1 2026$13.28-44%
Q4 2025$13.23-15%
Q3 2025$19.17+25%
Q2 2025$23.09+53%
Q1 2025$23.89+46%
Q4 2024$15.51-35%

UNH's earnings per share have fallen from their peak: $17.55 over the past year, against $23.89 in early 2025.

ELUT Quarterly Revenue

Q4 2023: $6MQ1 2024: $7MQ2 2024: $6MQ3 2024: $6MQ4 2024: $5MQ1 2025: $6MQ2 2025: $6MQ3 2025: $3MQ4 2025: $3MQ1 2026: $3MQ2 2026: $2MQ3 2026: $1M
Q4 2023: $6MQ1 2024: $7MQ2 2024: $6MQ3 2024: $6MQ4 2024: $5MQ1 2025: $6MQ2 2025: $6MQ3 2025: $3MQ4 2025: $3MQ1 2026: $3MQ2 2026: $2MQ3 2026: $1M
QuarterRevenueYoY
Q3 2026$1.1M-66%
Q2 2026$2.4M-61%
Q1 2026$3.1M-48%
Q4 2025$3.3M-40%
Q3 2025$3.3M-44%
Q2 2025$6.3M-0.4%
Q1 2025$6M-9.9%
Q4 2024$5.5M-6.9%

ELUT's revenue has slid since its 2023 peak: $1M last quarter, down 66% from the same quarter a year ago.

UNH Quarterly Revenue

Q4 2023: $94.4BQ1 2024: $99.8BQ2 2024: $98.9BQ3 2024: $101BQ4 2024: $101BQ1 2025: $110BQ2 2025: $112BQ3 2025: $113BQ4 2025: $113BQ1 2026: $112BQ2 2026: $112BQ3 2026: $113B
Q4 2023: $94.4BQ1 2024: $99.8BQ2 2024: $98.9BQ3 2024: $101BQ4 2024: $101BQ1 2025: $110BQ2 2025: $112BQ3 2025: $113BQ4 2025: $113BQ1 2026: $112BQ2 2026: $112BQ3 2026: $113B
QuarterRevenueYoY
Q3 2026$112.7B-0.4%
Q2 2026$112B+0.4%
Q1 2026$111.7B+2%
Q4 2025$113.2B+12%
Q3 2025$113.2B+12%
Q2 2025$111.6B+13%
Q1 2025$109.6B+9.8%
Q4 2024$100.8B+6.8%

UNH has the edge over ELUT on sales, with more consistent year-over-year improvement.

ELUT Free Cash Flow

Q4 2023: −$9MQ1 2024: −$3MQ2 2024: −$4MQ3 2024: −$4MQ4 2024: −$12MQ1 2025: −$9MQ2 2025: −$8MQ3 2025: −$4MQ4 2025: −$26MQ1 2026: −$8MQ2 2026: −$9MQ3 2026: −$8M
Q4 2023: −$9MQ1 2024: −$3MQ2 2024: −$4MQ3 2024: −$4MQ4 2024: −$12MQ1 2025: −$9MQ2 2025: −$8MQ3 2025: −$4MQ4 2025: −$26MQ1 2026: −$8MQ2 2026: −$9MQ3 2026: −$8M
QuarterFree cash flowYoY
Q3 2026-$8.2M-$4.7M
Q2 2026-$8.6M-$210K
Q1 2026-$8.3M+$869K
Q4 2025-$25.7M-$13.3M
Q3 2025-$3.5M+$457K
Q2 2025-$8.3M-$4M
Q1 2025-$9.2M-$6.5M
Q4 2024-$12.4M-$3.3M

ELUT has burned cash in almost every quarter: −$51M over the past year, against −$33M the year before.

UNH Free Cash Flow

Q4 2023: −$6.2BQ1 2024: $401MQ2 2024: $5.9BQ3 2024: $13BQ4 2024: $1.5BQ1 2025: $4.6BQ2 2025: $6.3BQ3 2025: $5.1BQ4 2025: $160MQ1 2026: $8.1BQ2 2026: $10.3BQ3 2026: $4.3B
Q4 2023: −$6.2BQ1 2024: $401MQ2 2024: $5.9BQ3 2024: $13BQ4 2024: $1.5BQ1 2025: $4.6BQ2 2025: $6.3BQ3 2025: $5.1BQ4 2025: $160MQ1 2026: $8.1BQ2 2026: $10.3BQ3 2026: $4.3B
QuarterFree cash flowYoY
Q3 2026$4.3B-16%
Q2 2026$10.3B+63%
Q1 2026$8.1B+79%
Q4 2025$160M-89%
Q3 2025$5.1B-61%
Q2 2025$6.3B+6.9%
Q1 2025$4.6B+1037%
Q4 2024$1.5B+$7.6B

UNH has the edge over ELUT on cash generation, producing positive trailing cash flow while its opponent burns cash.

ELUT Total Shares

Q4 2023: 18MQ1 2024: 24MQ2 2024: 25MQ3 2024: 36MQ4 2024: 29MQ1 2025: 43MQ2 2025: 46MQ3 2025: 47MQ4 2025: 46MQ1 2026: 43MQ2 2026: 44MQ3 2026: 48M
Q4 2023: 18MQ1 2024: 24MQ2 2024: 25MQ3 2024: 36MQ4 2024: 29MQ1 2025: 43MQ2 2025: 46MQ3 2025: 47MQ4 2025: 46MQ1 2026: 43MQ2 2026: 44MQ3 2026: 48M
PeriodChange %Net change
Quarterly+7.5%+3.3M shares
1 year+1.2%+581K shares
3 years+179%+30.5M shares
5 years+364%+37.3M shares

ELUT has 48M diluted shares, up 1.2% from a year ago.

UNH Total Shares

Q4 2023: 938MQ1 2024: 922MQ2 2024: 928MQ3 2024: 930MQ4 2024: 929MQ1 2025: 918MQ2 2025: 910MQ3 2025: 908MQ4 2025: 911MQ1 2026: 910MQ2 2026: 906MQ3 2026: 902M
Q4 2023: 938MQ1 2024: 922MQ2 2024: 928MQ3 2024: 930MQ4 2024: 929MQ1 2025: 918MQ2 2025: 910MQ3 2025: 908MQ4 2025: 911MQ1 2026: 910MQ2 2026: 906MQ3 2026: 902M
PeriodChange %Net change
Quarterly-0.4%-4M shares
1 year-0.7%-6M shares
3 years-3.6%-34M shares
5 years-5.5%-53M shares
Available history-6.6%-64M shares

UNH has the edge over ELUT on shareholder dilution, with a more favorable share count trend.

ELUT Net Leverage

UNH Net Leverage

Q4 2023: 1.0xQ1 2024: 1.3xQ2 2024: 1.4xQ3 2024: 1.3xQ4 2024: 1.4xQ1 2025: 1.3xQ2 2025: 1.5xQ3 2025: 1.7xQ4 2025: 2.3xQ1 2026: 2.2xQ2 2026: 1.7xQ3 2026: 1.7x
Q4 2023: 1.0xQ1 2024: 1.3xQ2 2024: 1.4xQ3 2024: 1.3xQ4 2024: 1.4xQ1 2025: 1.3xQ2 2025: 1.5xQ3 2025: 1.7xQ4 2025: 2.3xQ1 2026: 2.2xQ2 2026: 1.7xQ3 2026: 1.7x
QuarterNet LeverageStatus
Q3 20261.7xHealthy
Q2 20261.7xHealthy
Q1 20262.2xModerate
Q4 20252.3xModerate
Q3 20251.7xHealthy
Q2 20251.5xHealthy
Q1 20251.3xHealthy
Q4 20241.4xHealthy

UNH's net debt is about 1.7 years of its operating earnings (EBITDA), about the same as a year ago.

ELUT Weekly Momentum

MetricValueStatus
RSI47.8Neutral
Stochastic47.7Neutral

ELUT's weekly RSI is 48 (neutral) and its Stochastic is 48 (neutral).

UNH Weekly Momentum

MetricValueStatus
RSI56.4Neutral
Stochastic60.0Neutral

UNH's weekly RSI is 56 (neutral) and its Stochastic is 60 (neutral).

ELUT PE vs Healthcare Sector

MetricELUTSector medianRelative
PE0.8x26x97% below
PE %33330 pts below

ELUT has the edge over UNH on valuation relative to its sector.

UNH PE vs Healthcare Sector

MetricUNHSector medianRelative
PE23x26x11% below
PE %472918 pts above

UNH is trading at 23x earnings, a 11% discount to the Healthcare sector's median of 26x.

ELUT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$0.836% above
20 week MA$0.871.1% above
50 week MA$0.935.4% below
100 week MA$1.5342% below
200 week MA$2.2461% below

ELUT has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 61% below its 200-week average.

UNH Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$394.22.8% above
20 week MA$400.51.2% above
50 week MA$361.212% above
100 week MA$376.07.8% above
200 week MA$446.69.3% below

UNH has the edge over ELUT on trend strength, trading above more of its moving averages.

ELUT Yearly ROI

YearStart priceEnd priceROI
2020$13.5$12.6-7.2%
2021$12.6$6.67-47%
2022$6.67$4.10-39%
2023$4.10$2.16-47%
2024$2.16$3.94+82%
2025$3.94$0.54-86%
2026 YTD$0.54$0.88+63%

ELUT has the edge over UNH on returns for 2026, with the stronger performance.

UNH Yearly ROI

YearStart priceEnd priceROI
2020$296.0$340.8+15%
2021$340.8$495.4+45%
2022$495.4$531.3+7.3%
2023$531.3$526.5-0.9%
2024$526.5$510.0-3.1%
2025$510.0$331.8-35%
2026 YTD$331.8$405.1+22%

UNH has finished three years in a row lower, and it's up 22% so far in 2026.

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