CENTENE CORP (CNC) Fundamental Analysis & Valuation

NYSE:CNC • US15135B1017

Current stock price

37.3 USD
-0.25 (-0.67%)
At close:
37.35 USD
+0.05 (+0.13%)
After Hours:

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

  • In the past year CNC was profitable.
  • In the past year CNC had a positive cash flow from operations.
  • 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 73.00% of its industry peers.
  • Looking at the Return On Equity, with a value of -33.45%, CNC is doing worse than 69.00% of the companies in the same industry.
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

  • With a Gross Margin value of 7.12%, CNC is not doing good in the industry: 76.00% of the companies in the same industry are doing better.
  • CNC's Gross Margin has declined in the last couple of years.
  • CNC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
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
  • CNC has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CNC has a worse debt to assets ratio.
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 2.94 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 (2.94) than 66.00% 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 has a Debt to FCF ratio of 4.16. This is in the better half of the industry: CNC outperforms 65.00% of its industry peers.
  • A Debt/Equity ratio of 0.87 indicates that CNC is somewhat dependend on debt financing.
  • CNC has a Debt to Equity ratio (0.87) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.87
Debt/FCF 4.16
Altman-Z 2.94
ROIC/WACCN/A
WACC7.42%
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.
  • CNC has a Quick ratio of 1.10. This is comparable to the rest of the industry: CNC outperforms 44.00% of its industry peers.
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.
  • CNC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.44%.
  • 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.
  • The Revenue is expected to grow by 1.21% on average over the next years.
EPS Next Y47.44%
EPS Next 2Y39.92%
EPS Next 3Y40.97%
EPS Next 5Y35.63%
Revenue Next Year-2.18%
Revenue Next 2Y-0.57%
Revenue Next 3Y0.93%
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

7

4. CNC Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.20 indicates a rather expensive valuation of CNC.
  • CNC's Price/Earnings ratio is a bit cheaper when compared to the industry. CNC is cheaper than 72.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.78. CNC is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 12.34, the valuation of CNC can be described as correct.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CNC indicates a rather cheap valuation: CNC is cheaper than 82.00% of the companies listed in the same industry.
  • CNC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.54, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.2
Fwd PE 12.34
CNC Price Earnings VS Forward Price EarningsCNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CNC is valued a bit cheaper than the industry average as 61.00% of the companies are valued more expensively.
  • 96.00% of the companies in the same industry are more expensive than CNC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.39
EV/EBITDA 13.11
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 40.97% in the coming years.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y39.92%
EPS Next 3Y40.97%

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

0

5. CNC Dividend Analysis

5.1 Amount

  • No dividends for CNC!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CNC Fundamentals: All Metrics, Ratios and Statistics

CENTENE CORP

NYSE:CNC (4/10/2026, 8:14:25 PM)

After market: 37.35 +0.05 (+0.13%)

37.3

-0.25 (-0.67%)

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 Owners98.12%
Inst Owner Change0.01%
Ins Owners0.22%
Ins Owner Change-0.81%
Market Cap18.34B
Revenue(TTM)194.78B
Net Income(TTM)-6.67B
Analysts66.92
Price Target46.63 (25.01%)
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)-5.7%
EPS NQ rev (3m)2.77%
EPS NY rev (1m)-0.53%
EPS NY rev (3m)5.74%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-2.42%
Valuation
Industry RankSector Rank
PE 18.2
Fwd PE 12.34
P/S 0.09
P/FCF 4.39
P/OCF 3.71
P/B 0.92
P/tB 4
EV/EBITDA 13.11
EPS(TTM)2.05
EY5.5%
EPS(NY)3.02
Fwd EY8.1%
FCF(TTM)8.51
FCFY22.8%
OCF(TTM)10.07
OCFY26.99%
SpS396.07
BVpS40.57
TBVpS9.33
PEG (NY)0.38
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 2.94
F-Score4
WACC7.42%
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 Y47.44%
EPS Next 2Y39.92%
EPS Next 3Y40.97%
EPS Next 5Y35.63%
Revenue 1Y (TTM)19.44%
Revenue growth 3Y10.45%
Revenue growth 5Y11.88%
Sales Q2Q%21.86%
Revenue Next Year-2.18%
Revenue Next 2Y-0.57%
Revenue Next 3Y0.93%
Revenue Next 5Y1.21%
EBIT growth 1Y-108.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year642.89%
EBIT Next 3Y139.28%
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 6 / 10 to CENTENE CORP (CNC). This can be considered as Fairly Valued.


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 18.2 and the Price/Book (PB) ratio is 0.92.


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 47.44% in the next year.