Build Your Comparison

Side-by-side financial analysis
WAY logo
WAY
MTEX logo
MTEX
KO logo
KO
Try popular comparisons:

Stock Comparison

WAY vs MTEX vs KO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
WAY
Waystar Holding Corp.

Information Technology Services

TechnologyNASDAQ • US
Market Cap$3.60B
5Y Perf.-12.8%
MTEX
Mannatech, Incorporated

Household & Personal Products

Consumer DefensiveNASDAQ • US
Market Cap$11M
5Y Perf.-19.0%
KO
The Coca-Cola Company

Beverages - Non-Alcoholic

Consumer DefensiveNYSE • US
Market Cap$355.61B
5Y Perf.+29.8%

WAY vs MTEX vs KO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
WAY logoWAY
MTEX logoMTEX
KO logoKO
IndustryInformation Technology ServicesHousehold & Personal ProductsBeverages - Non-Alcoholic
Market Cap$3.60B$11M$355.61B
Revenue (TTM)$1.16B$106M$49.28B
Net Income (TTM)$126M$-13M$13.70B
Gross Margin65.2%75.3%61.7%
Operating Margin24.3%0.2%29.3%
Forward P/E11.4x25.3x
Total Debt$1.50B$7M$45.49B
Cash & Equiv.$61M$6M$10.27B

WAY vs MTEX vs KOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

WAY
MTEX
KO
StockJun 24Jun 26Return
Waystar Holding Cor… (WAY)10087.2-12.8%
Mannatech, Incorpor… (MTEX)10081.0-19.0%
The Coca-Cola Compa… (KO)100129.8+29.8%

Price return only. Dividends and distributions are not included.

Quick Verdict: WAY vs MTEX vs KO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: KO leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and dividend income and shareholder returns. Waystar Holding Corp. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
🥇KO emerged as the overall leader. Track its performance:
WAY
Waystar Holding Corp.
The Growth Play

WAY is the clearest fit if your priority is growth exposure and sleep-well-at-night.

  • Rev growth 16.5%, EPS growth 5.7%, 3Y rev CAGR 16.0%
  • Lower volatility, beta 0.84, Low D/E 38.7%, current ratio 1.41x
  • 16.5% revenue growth vs MTEX's -8.3%
Best for: growth exposure and sleep-well-at-night
MTEX
Mannatech, Incorporated
The Income Pick

MTEX is the clearest fit if your priority is income & stability and defensive.

  • Dividend streak 0 yrs, beta 0.44
  • Beta 0.44, current ratio 1.10x
  • Beta 0.44 vs WAY's 0.84
Best for: income & stability and defensive
KO
The Coca-Cola Company
The Long-Run Compounder

KO carries the broadest edge in this set and is the clearest fit for long-term compounding.

  • 121.1% 10Y total return vs WAY's -9.4%
  • 27.8% margin vs MTEX's -12.0%
  • 2.5% yield; 56-year raise streak; the other 2 pay no meaningful dividend
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthWAY logoWAY16.5% revenue growth vs MTEX's -8.3%
ValueWAY logoWAYLower P/E (11.4x vs 25.3x)
Quality / MarginsKO logoKO27.8% margin vs MTEX's -12.0%
Stability / SafetyMTEX logoMTEXBeta 0.44 vs WAY's 0.84
DividendsKO logoKO2.5% yield; 56-year raise streak; the other 2 pay no meaningful dividend
Momentum (1Y)KO logoKO+17.2% vs WAY's -52.6%
Efficiency (ROA)KO logoKO13.1% ROA vs MTEX's -40.2%

WAY vs MTEX vs KO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

WAYWaystar Holding Corp.
FY 2025
Subscription and Circulation
100.0%$558M
MTEXMannatech, Incorporated
FY 2024
Consolidated product sales
95.3%$112M
Consolidated pack sales
3.5%$4M
Consolidated other, including freight
1.3%$2M
KOThe Coca-Cola Company
FY 2025
Pacific
84.6%$31.6B
Bottling investments
15.4%$5.7B

WAY vs MTEX vs KO — Financial Metrics

Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLKOLAGGINGMTEX

Income & Cash Flow (Last 12 Months)

KO leads this category, winning 3 of 6 comparable metrics.

KO is the larger business by revenue, generating $49.3B annually — 463.2x MTEX's $106M. KO is the more profitable business, keeping 27.8% of every revenue dollar as net income compared to MTEX's -12.0%. On growth, WAY holds the edge at +22.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
RevenueTrailing 12 months$1.2B$106M$49.3B
EBITDAEarnings before interest/tax$430M$2M$15.5B
Net IncomeAfter-tax profit$126M-$13M$13.7B
Free Cash FlowCash after capex$294M-$1M$12.6B
Gross MarginGross profit ÷ Revenue+65.2%+75.3%+61.7%
Operating MarginEBIT ÷ Revenue+24.3%+0.2%+29.3%
Net MarginNet income ÷ Revenue+10.9%-12.0%+27.8%
FCF MarginFCF ÷ Revenue+25.4%-1.4%+25.5%
Rev. Growth (YoY)Latest quarter vs prior year+22.4%-6.2%+12.1%
EPS Growth (YoY)Latest quarter vs prior year+37.5%+161.3%+18.2%
KO leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — WAY and MTEX each lead in 3 of 6 comparable metrics.

At 27.2x trailing earnings, KO trades at a 12% valuation discount to WAY's 30.7x P/E. On an enterprise value basis, MTEX's 7.2x EV/EBITDA is more attractive than KO's 26.4x.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
Market CapShares × price$3.6B$11M$355.6B
Enterprise ValueMkt cap + debt − cash$5.0B$12M$390.8B
Trailing P/EPrice ÷ TTM EPS30.74x-0.69x27.18x
Forward P/EPrice ÷ next-FY EPS est.11.42x25.27x
PEG RatioP/E ÷ EPS growth rate2.43x
EV / EBITDAEnterprise value multiple12.39x7.22x26.39x
Price / SalesMarket cap ÷ Revenue3.27x0.10x7.42x
Price / BookPrice ÷ Book value/share0.95x10.40x
Price / FCFMarket cap ÷ FCF12.70x67.15x
Evenly matched — WAY and MTEX each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

KO leads this category, winning 6 of 9 comparable metrics.

KO delivers a 41.1% return on equity — every $100 of shareholder capital generates $41 in annual profit, vs $-24 for MTEX. WAY carries lower financial leverage with a 0.39x debt-to-equity ratio, signaling a more conservative balance sheet compared to KO's 1.33x. On the Piotroski fundamental quality scale (0–9), KO scores 7/9 vs MTEX's 2/9, reflecting strong financial health.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
ROE (TTM)Return on equity+3.5%-23.8%+41.1%
ROA (TTM)Return on assets+2.4%-40.2%+13.1%
ROICReturn on invested capital+4.2%+15.8%
ROCEReturn on capital employed+5.2%-3.2%+17.3%
Piotroski ScoreFundamental quality 0–9527
Debt / EquityFinancial leverage0.39x1.33x
Net DebtTotal debt minus cash$1.4B$1M$35.2B
Cash & Equiv.Liquid assets$61M$6M$10.3B
Total DebtShort + long-term debt$1.5B$7M$45.5B
Interest CoverageEBIT ÷ Interest expense3.51x0.99x10.70x
KO leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

KO leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in KO five years ago would be worth $16,560 today (with dividends reinvested), compared to $3,345 for MTEX. Over the past 12 months, KO leads with a +17.2% total return vs WAY's -52.6%. The 3-year compound annual growth rate (CAGR) favors KO at 13.7% vs MTEX's -22.5% — a key indicator of consistent wealth creation.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
YTD ReturnYear-to-date-40.2%-34.1%+20.3%
1-Year ReturnPast 12 months-52.6%-42.5%+17.2%
3-Year ReturnCumulative with dividends-9.4%-53.5%+47.0%
5-Year ReturnCumulative with dividends-9.4%-66.5%+65.6%
10-Year ReturnCumulative with dividends-9.4%-39.9%+121.1%
CAGR (3Y)Annualised 3-year return-3.2%-22.5%+13.7%
KO leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

KO leads this category, winning 2 of 2 comparable metrics.

KO is the less volatile stock with a -0.20 beta — it tends to amplify market swings less than WAY's 0.84 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KO currently trades 98.3% from its 52-week high vs MTEX's 44.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
Beta (5Y)Sensitivity to S&P 5000.84x0.44x-0.20x
52-Week HighHighest price in past year$41.47$12.45$84.04
52-Week LowLowest price in past year$17.89$3.81$65.35
% of 52W HighCurrent price vs 52-week peak+45.2%+44.2%+98.3%
RSI (14)Momentum oscillator 0–10040.352.360.6
Avg Volume (50D)Average daily shares traded2.4M23K12.7M
KO leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

KO leads this category, winning 1 of 1 comparable metric.

Analyst consensus: WAY as "Buy", KO as "Buy". Consensus price targets imply 90.0% upside for WAY (target: $36) vs 4.2% for KO (target: $86). KO is the only dividend payer here at 2.46% yield — a key consideration for income-focused portfolios.

MetricWAY logoWAYWaystar Holding C…MTEX logoMTEXMannatech, Incorp…KO logoKOThe Coca-Cola Com…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$35.62$86.13
# AnalystsCovering analysts1748
Dividend YieldAnnual dividend ÷ price+2.5%
Dividend StreakConsecutive years of raises056
Dividend / ShareAnnual DPS$2.04
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%+0.2%
KO leads this category, winning 1 of 1 comparable metric.
Key Takeaway

KO leads in 5 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 1 category is tied.

Best OverallThe Coca-Cola Company (KO)Leads 5 of 6 categories
Loading custom metrics...

WAY vs MTEX vs KO: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is WAY or MTEX or KO a better buy right now?

For growth investors, Waystar Holding Corp.

(WAY) is the stronger pick with 16. 5% revenue growth year-over-year, versus -8. 3% for Mannatech, Incorporated (MTEX). The Coca-Cola Company (KO) offers the better valuation at 27. 2x trailing P/E (25. 3x forward), making it the more compelling value choice. Analysts rate Waystar Holding Corp. (WAY) a "Buy" — based on 17 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — WAY or MTEX or KO?

On trailing P/E, The Coca-Cola Company (KO) is the cheapest at 27.

2x versus Waystar Holding Corp. at 30. 7x. On forward P/E, Waystar Holding Corp. is actually cheaper at 11. 4x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — WAY or MTEX or KO?

Over the past 5 years, The Coca-Cola Company (KO) delivered a total return of +65.

6%, compared to -66. 5% for Mannatech, Incorporated (MTEX). Over 10 years, the gap is even starker: KO returned +121. 1% versus MTEX's -39. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — WAY or MTEX or KO?

By beta (market sensitivity over 5 years), The Coca-Cola Company (KO) is the lower-risk stock at -0.

20β versus Waystar Holding Corp. 's 0. 84β — meaning WAY is approximately -520% more volatile than KO relative to the S&P 500. On balance sheet safety, Waystar Holding Corp. (WAY) carries a lower debt/equity ratio of 39% versus 133% for The Coca-Cola Company — giving it more financial flexibility in a downturn.

05

Which is growing faster — WAY or MTEX or KO?

By revenue growth (latest reported year), Waystar Holding Corp.

(WAY) is pulling ahead at 16. 5% versus -8. 3% for Mannatech, Incorporated (MTEX). On earnings-per-share growth, the picture is similar: Waystar Holding Corp. grew EPS 569. 2% year-over-year, compared to -706. 1% for Mannatech, Incorporated. Over a 3-year CAGR, WAY leads at 16. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — WAY or MTEX or KO?

The Coca-Cola Company (KO) is the more profitable company, earning 27.

3% net margin versus -14. 1% for Mannatech, Incorporated — meaning it keeps 27. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KO leads at 28. 7% versus -0. 4% for MTEX. At the gross margin level — before operating expenses — MTEX leads at 74. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is WAY or MTEX or KO more undervalued right now?

On forward earnings alone, Waystar Holding Corp.

(WAY) trades at 11. 4x forward P/E versus 25. 3x for The Coca-Cola Company — 13. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WAY: 90. 0% to $35. 62.

08

Which pays a better dividend — WAY or MTEX or KO?

In this comparison, KO (2.

5% yield) pays a dividend. WAY, MTEX do not pay a meaningful dividend and should not be held primarily for income.

09

Is WAY or MTEX or KO better for a retirement portfolio?

For long-horizon retirement investors, The Coca-Cola Company (KO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

20), 2. 5% yield, +121. 1% 10Y return). Both have compounded well over 10 years (KO: +121. 1%, WAY: -9. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between WAY and MTEX and KO?

These companies operate in different sectors (WAY (Technology) and MTEX (Consumer Defensive) and KO (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: WAY is a small-cap high-growth stock; MTEX is a small-cap quality compounder stock; KO is a large-cap quality compounder stock. KO pays a dividend while WAY, MTEX do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.