BTSG vs DH

BrightSpring Health Services, I vs Definitive Healthcare Corp. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BTSG scores higher on quality with 8.3/10 vs DH's 7.4/10. BTSG trades at $59.34 while DH trades at $0.96. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BTSG

Health Information Services
BrightSpring Health Services, I
Quality
8.3
out of 10
Value Trap
12
SAFE
Price
$59.34
Last close
Models
12/13
Active
VS

DH

Health Information Services
Definitive Healthcare Corp.
Quality
7.4
out of 10
Value Trap
20
SAFE
Price
$0.96
Last close
Models
11/13
Active
BTSG
Quality Score 8.3/10 — top tier
Limited to 2/13 visible models
DH
Bayesian DCF sees +424.5% upside
Limited to 2/13 visible models

BTSG vs DH — Fair Value Comparison

BTSG
$0$23$47$70 Price$59.34 Bayesian …$26.03 (-56.1%) Earnings …$7.82 (-86.8%)
DH
$0$2$4$6 Price$0.96 Bayesian …$5.04 (+424.5%) Earnings …$2.12 (+115.0%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BTSG Fair ValueBTSG Upside DH Fair ValueDH Upside
Bayesian DCF Intrinsic $26.03 -56.1% $5.04 +424.5%
Earnings Power Value Intrinsic $7.82 -86.8% $2.12 +115.0%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BTSG vs DH — Which Stock Is More Undervalued in 2026?

BTSG scores higher with a 8.3/10 quality rating vs DH's 7.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BTSG and DH Valuations Compare?

At $59.34, BTSG trades +56.1% above its Bayesian DCF fair value of $26.03, while DH at $0.96 trades +424.5% below its estimate of $5.04. DH shows a wider gap between price and intrinsic value.

Quality of Company: BTSG vs DH

BTSG earns a Quality of Company score of 8.3/10 compared to DH's 7.4/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BTSG vs DH

BTSG carries a SAFE value trap risk (12/100) while DH shows SAFE risk (20/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Health Information Services

Both BTSG and DH operate in Health Information Services, which has 46 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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