CENTENE CORP (CNC) Fundamental Analysis & Valuation

NYSE:CNC • US15135B1017

Current stock price

32.74 USD
+0.94 (+2.96%)
At close:
32.9143 USD
+0.17 (+0.53%)
Pre-Market:

This CNC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. CNC Profitability Analysis

1.1 Basic Checks

  • CNC had positive earnings in the past year.
  • CNC had a positive operating cash flow in the past year.
  • Of the past 5 years CNC 4 years were profitable.
  • In the past 5 years CNC always reported a positive cash flow from operatings.
CNC Yearly Net Income VS EBIT VS OCF VS FCFCNC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

1.2 Ratios

  • CNC's Return On Assets of -8.70% is on the low side compared to the rest of the industry. CNC is outperformed by 71.00% of its industry peers.
  • The Return On Equity of CNC (-33.45%) is worse than 69.00% of its industry peers.
Industry RankSector Rank
ROA -8.7%
ROE -33.45%
ROIC N/A
ROA(3y)-0.5%
ROA(5y)0.36%
ROE(3y)-3.49%
ROE(5y)-0.09%
ROIC(3y)N/A
ROIC(5y)N/A
CNC Yearly ROA, ROE, ROICCNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30

1.3 Margins

  • CNC's Gross Margin of 7.12% is on the low side compared to the rest of the industry. CNC is outperformed by 78.00% of its industry peers.
  • CNC's Gross Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin are not available for CNC so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 7.12%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.83%
GM growth 5YN/A
CNC Yearly Profit, Operating, Gross MarginsCNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. CNC Health Analysis

2.1 Basic Checks

  • CNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, CNC has less shares outstanding
  • The number of shares outstanding for CNC has been reduced compared to 5 years ago.
  • The debt/assets ratio for CNC is higher compared to a year ago.
CNC Yearly Shares OutstandingCNC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
CNC Yearly Total Debt VS Total AssetsCNC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • An Altman-Z score of 2.91 indicates that CNC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • CNC has a better Altman-Z score (2.91) than 64.00% of its industry peers.
  • The Debt to FCF ratio of CNC is 4.16, which is a neutral value as it means it would take CNC, 4.16 years of fcf income to pay off all of its debts.
  • CNC's Debt to FCF ratio of 4.16 is fine compared to the rest of the industry. CNC outperforms 67.00% of its industry peers.
  • A Debt/Equity ratio of 0.87 indicates that CNC is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.87, CNC is in line with its industry, outperforming 46.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.16
Altman-Z 2.91
ROIC/WACCN/A
WACC7.19%
CNC Yearly LT Debt VS Equity VS FCFCNC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B 25B

2.3 Liquidity

  • A Current Ratio of 1.10 indicates that CNC should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.10, CNC is doing worse than 62.00% of the companies in the same industry.
  • A Quick Ratio of 1.10 indicates that CNC should not have too much problems paying its short term obligations.
  • The Quick ratio of CNC (1.10) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 1.1
CNC Yearly Current Assets VS Current LiabilitesCNC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CNC Growth Analysis

3.1 Past

  • CNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.13%.
  • CNC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.27% yearly.
  • Looking at the last year, CNC shows a quite strong growth in Revenue. The Revenue has grown by 19.44% in the last year.
  • Measured over the past years, CNC shows a quite strong growth in Revenue. The Revenue has been growing by 11.88% on average per year.
EPS 1Y (TTM)-71.13%
EPS 3Y-29.13%
EPS 5Y-16.27%
EPS Q2Q%-248.75%
Revenue 1Y (TTM)19.44%
Revenue growth 3Y10.45%
Revenue growth 5Y11.88%
Sales Q2Q%21.86%

3.2 Future

  • CNC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 35.63% yearly.
  • Based on estimates for the next years, CNC will show a small growth in Revenue. The Revenue will grow by 1.21% on average per year.
EPS Next Y48.22%
EPS Next 2Y41.79%
EPS Next 3Y45.63%
EPS Next 5Y35.63%
Revenue Next Year-2.19%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.1%
Revenue Next 5Y1.21%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CNC Yearly Revenue VS EstimatesCNC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50B 100B 150B 200B
CNC Yearly EPS VS EstimatesCNC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5 10 15

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Find the best growth stocksShow best growing peers

8

4. CNC Valuation Analysis

4.1 Price/Earnings Ratio

  • CNC is valuated correctly with a Price/Earnings ratio of 15.97.
  • 76.00% of the companies in the same industry are more expensive than CNC, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of CNC to the average of the S&P500 Index (25.35), we can say CNC is valued slightly cheaper.
  • With a Price/Forward Earnings ratio of 10.77, the valuation of CNC can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CNC indicates a rather cheap valuation: CNC is cheaper than 87.00% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.61. CNC is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 15.97
Fwd PE 10.77
CNC Price Earnings VS Forward Price EarningsCNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CNC indicates a somewhat cheap valuation: CNC is cheaper than 68.00% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, CNC is valued cheaper than 96.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.85
EV/EBITDA 10.85
CNC Per share dataCNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

4.3 Compensation for Growth

  • CNC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as CNC's earnings are expected to grow with 45.63% in the coming years.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y41.79%
EPS Next 3Y45.63%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. CNC Dividend Analysis

5.1 Amount

  • CNC does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CNC Fundamentals: All Metrics, Ratios and Statistics

CENTENE CORP

NYSE:CNC (3/31/2026, 8:26:54 PM)

Premarket: 32.9143 +0.17 (+0.53%)

32.74

+0.94 (+2.96%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)02-06
Earnings (Next)04-28
Inst Owners98.17%
Inst Owner Change-1.76%
Ins Owners0.52%
Ins Owner Change-0.81%
Market Cap16.10B
Revenue(TTM)194.78B
Net Income(TTM)-6.67B
Analysts66.92
Price Target46.63 (42.43%)
Short Float %2.4%
Short Ratio1.71
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)229.27%
Min EPS beat(2)3.74%
Max EPS beat(2)454.8%
EPS beat(4)3
Avg EPS beat(4)88.24%
Min EPS beat(4)-118.47%
Max EPS beat(4)454.8%
EPS beat(8)7
Avg EPS beat(8)57.14%
EPS beat(12)10
Avg EPS beat(12)40.67%
EPS beat(16)14
Avg EPS beat(16)31.88%
Revenue beat(2)2
Avg Revenue beat(2)2.39%
Min Revenue beat(2)1.75%
Max Revenue beat(2)3.03%
Revenue beat(4)4
Avg Revenue beat(4)5.03%
Min Revenue beat(4)1.75%
Max Revenue beat(4)8.88%
Revenue beat(8)8
Avg Revenue beat(8)6.46%
Revenue beat(12)12
Avg Revenue beat(12)6.07%
Revenue beat(16)15
Avg Revenue beat(16)4.95%
PT rev (1m)-1.67%
PT rev (3m)8.01%
EPS NQ rev (1m)-5.57%
EPS NQ rev (3m)2.97%
EPS NY rev (1m)2.4%
EPS NY rev (3m)6.31%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-2.43%
Valuation
Industry RankSector Rank
PE 15.97
Fwd PE 10.77
P/S 0.08
P/FCF 3.85
P/OCF 3.25
P/B 0.81
P/tB 3.51
EV/EBITDA 10.85
EPS(TTM)2.05
EY6.26%
EPS(NY)3.04
Fwd EY9.28%
FCF(TTM)8.51
FCFY25.98%
OCF(TTM)10.07
OCFY30.74%
SpS396.07
BVpS40.57
TBVpS9.33
PEG (NY)0.33
PEG (5Y)N/A
Graham Number43.26
Profitability
Industry RankSector Rank
ROA -8.7%
ROE -33.45%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 7.12%
FCFM 2.15%
ROA(3y)-0.5%
ROA(5y)0.36%
ROE(3y)-3.49%
ROE(5y)-0.09%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-14.83%
GM growth 5YN/A
F-Score4
Asset Turnover2.54
Health
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.16
Debt/EBITDA 17.51
Cap/Depr 60.16%
Cap/Sales 0.39%
Interest Coverage N/A
Cash Conversion 499.5%
Profit Quality N/A
Current Ratio 1.1
Quick Ratio 1.1
Altman-Z 2.91
F-Score4
WACC7.19%
ROIC/WACCN/A
Cap/Depr(3y)57.95%
Cap/Depr(5y)60.03%
Cap/Sales(3y)0.44%
Cap/Sales(5y)0.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-71.13%
EPS 3Y-29.13%
EPS 5Y-16.27%
EPS Q2Q%-248.75%
EPS Next Y48.22%
EPS Next 2Y41.79%
EPS Next 3Y45.63%
EPS Next 5Y35.63%
Revenue 1Y (TTM)19.44%
Revenue growth 3Y10.45%
Revenue growth 5Y11.88%
Sales Q2Q%21.86%
Revenue Next Year-2.19%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.1%
Revenue Next 5Y1.21%
EBIT growth 1Y-108.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year667.74%
EBIT Next 3Y154.8%
EBIT Next 5YN/A
FCF growth 1Y953.67%
FCF growth 3Y-7.24%
FCF growth 5Y-2.03%
OCF growth 1Y3114.29%
OCF growth 3Y-7.45%
OCF growth 5Y-2.1%

CENTENE CORP / CNC Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for CENTENE CORP?

ChartMill assigns a fundamental rating of 4 / 10 to CNC.


Can you provide the valuation status for CENTENE CORP?

ChartMill assigns a valuation rating of 8 / 10 to CENTENE CORP (CNC). This can be considered as Undervalued.


What is the profitability of CNC stock?

CENTENE CORP (CNC) has a profitability rating of 2 / 10.


Can you provide the PE and PB ratios for CNC stock?

The Price/Earnings (PE) ratio for CENTENE CORP (CNC) is 15.97 and the Price/Book (PB) ratio is 0.81.


What is the expected EPS growth for CENTENE CORP (CNC) stock?

The Earnings per Share (EPS) of CENTENE CORP (CNC) is expected to grow by 48.22% in the next year.