CENCORA INC (COR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:COR - US03073E1055 - Common Stock
368.93 USD
+0.4 (+0.11%)
368.93 USD
0 (0%)
Taking everything into account, COR scores 4 out of 10 in our fundamental rating. COR was compared to 101 industry peers in the Health Care Providers & Services industry. There are concerns on the financial health of COR while its profitability can be described as average. COR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year COR was profitable.
COR had a positive operating cash flow in the past year.
In the past 5 years COR has always been profitable.
In the past 5 years COR always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.03%, COR perfoms like the industry average, outperforming 56.44% of the companies in the same industry.
COR's Return On Equity of 88.96% is amongst the best of the industry. COR outperforms 99.01% of its industry peers.
The Return On Invested Capital of COR (14.47%) is better than 92.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COR is significantly above the industry average of 9.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 88.96% | ||
| ROIC | 14.47% |
ROA(3y)2.36%
ROA(5y)2.55%
ROE(3y)218.96%
ROE(5y)N/A
ROIC(3y)15.28%
ROIC(5y)14.7%
1.3 Margins
COR has a Profit Margin (0.48%) which is comparable to the rest of the industry.
COR's Profit Margin has declined in the last couple of years.
COR's Operating Margin of 1.16% is in line compared to the rest of the industry. COR outperforms 43.56% of its industry peers.
COR's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 3.51%, COR is not doing good in the industry: 80.20% of the companies in the same industry are doing better.
COR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.16% | ||
| PM (TTM) | 0.48% | ||
| GM | 3.51% |
OM growth 3Y1.51%
OM growth 5Y2.81%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y5.53%
2. Health
2.1 Basic Checks
COR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, COR has less shares outstanding
The number of shares outstanding for COR has been reduced compared to 5 years ago.
Compared to 1 year ago, COR has a worse debt to assets ratio.
2.2 Solvency
COR has a debt to FCF ratio of 2.39. This is a good value and a sign of high solvency as COR would need 2.39 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.39, COR is in the better half of the industry, outperforming 78.22% of the companies in the same industry.
COR has a Debt/Equity ratio of 4.32. This is a high value indicating a heavy dependency on external financing.
COR has a worse Debt to Equity ratio (4.32) than 79.21% of its industry peers.
Even though the debt/equity ratio score it not favorable for COR, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | N/A |
ROIC/WACC1.66
WACC8.69%
2.3 Liquidity
COR has a Current Ratio of 0.90. This is a bad value and indicates that COR is not financially healthy enough and could expect problems in meeting its short term obligations.
COR has a worse Current ratio (0.90) than 75.25% of its industry peers.
A Quick Ratio of 0.55 indicates that COR may have some problems paying its short term obligations.
COR's Quick ratio of 0.55 is on the low side compared to the rest of the industry. COR is outperformed by 83.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.21% over the past year.
Measured over the past years, COR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.14% on average per year.
The Revenue has grown by 9.31% in the past year. This is quite good.
Measured over the past years, COR shows a quite strong growth in Revenue. The Revenue has been growing by 11.09% on average per year.
EPS 1Y (TTM)16.21%
EPS 3Y13.21%
EPS 5Y15.14%
EPS Q2Q%14.97%
Revenue 1Y (TTM)9.31%
Revenue growth 3Y10.43%
Revenue growth 5Y11.09%
Sales Q2Q%5.92%
3.2 Future
Based on estimates for the next years, COR will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.79% on average per year.
Based on estimates for the next years, COR will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
EPS Next Y10.53%
EPS Next 2Y10.47%
EPS Next 3Y10.82%
EPS Next 5Y10.79%
Revenue Next Year6.56%
Revenue Next 2Y6.59%
Revenue Next 3Y6.79%
Revenue Next 5Y6.81%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.07, which indicates a rather expensive current valuation of COR.
Based on the Price/Earnings ratio, COR is valued a bit cheaper than 64.36% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, COR is valued at the same level.
The Price/Forward Earnings ratio is 20.87, which indicates a rather expensive current valuation of COR.
COR's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.59. COR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.07 | ||
| Fwd PE | 20.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COR indicates a somewhat cheap valuation: COR is cheaper than 62.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.3 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
COR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.19
PEG (5Y)1.52
EPS Next 2Y10.47%
EPS Next 3Y10.82%
5. Dividend
5.1 Amount
With a yearly dividend of 0.66%, COR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.60, COR pays a better dividend. On top of this COR pays more dividend than 82.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, COR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
5.2 History
On average, the dividend of COR grows each year by 6.10%, which is quite nice.
COR has paid a dividend for at least 10 years, which is a reliable track record.
COR has decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.1%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
COR pays out 28.12% of its income as dividend. This is a sustainable payout ratio.
COR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.12%
EPS Next 2Y10.47%
EPS Next 3Y10.82%
368.93
+0.4 (+0.11%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners93.38%
Inst Owner Change-99.89%
Ins Owners0.07%
Ins Owner Change4.33%
Market Cap71.53B
Revenue(TTM)321.33B
Net Income(TTM)1.55B
Analysts79.09
Price Target388.5 (5.3%)
Short Float %2.6%
Short Ratio3.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.66% |
Yearly Dividend2.25
Dividend Growth(5Y)6.1%
DP28.12%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.78%
Min EPS beat(2)0.41%
Max EPS beat(2)3.15%
EPS beat(4)4
Avg EPS beat(4)3.89%
Min EPS beat(4)0.41%
Max EPS beat(4)6.6%
EPS beat(8)8
Avg EPS beat(8)4.4%
EPS beat(12)12
Avg EPS beat(12)3.83%
EPS beat(16)15
Avg EPS beat(16)3.46%
Revenue beat(2)0
Avg Revenue beat(2)-0.51%
Min Revenue beat(2)-0.67%
Max Revenue beat(2)-0.35%
Revenue beat(4)1
Avg Revenue beat(4)0.16%
Min Revenue beat(4)-1.29%
Max Revenue beat(4)2.93%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.91%
Revenue beat(16)9
Avg Revenue beat(16)0.67%
PT rev (1m)15.06%
PT rev (3m)14.91%
EPS NQ rev (1m)0.46%
EPS NQ rev (3m)-0.28%
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)-0.61%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.07 | ||
| Fwd PE | 20.87 | ||
| P/S | 0.22 | ||
| P/FCF | 22.3 | ||
| P/OCF | 18.46 | ||
| P/B | 40.94 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)15.99
EY4.33%
EPS(NY)17.67
Fwd EY4.79%
FCF(TTM)16.54
FCFY4.48%
OCF(TTM)19.99
OCFY5.42%
SpS1657.38
BVpS9.01
TBVpS-81
PEG (NY)2.19
PEG (5Y)1.52
Graham Number56.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 88.96% | ||
| ROCE | 19.92% | ||
| ROIC | 14.47% | ||
| ROICexc | 18.84% | ||
| ROICexgc | N/A | ||
| OM | 1.16% | ||
| PM (TTM) | 0.48% | ||
| GM | 3.51% | ||
| FCFM | 1% |
ROA(3y)2.36%
ROA(5y)2.55%
ROE(3y)218.96%
ROE(5y)N/A
ROIC(3y)15.28%
ROIC(5y)14.7%
ROICexc(3y)19.7%
ROICexc(5y)18.98%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.04%
ROCE(5y)20.24%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-1.78%
ROICexc growth 5Y-4.72%
OM growth 3Y1.51%
OM growth 5Y2.81%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y0.75%
GM growth 5Y5.53%
F-Score6
Asset Turnover4.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.32 | ||
| Debt/FCF | 2.39 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 206.36% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | N/A |
F-Score6
WACC8.69%
ROIC/WACC1.66
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.18%
Cap/Sales(5y)0.19%
Profit Quality(3y)200.95%
Profit Quality(5y)175.46%
High Growth Momentum
Growth
EPS 1Y (TTM)16.21%
EPS 3Y13.21%
EPS 5Y15.14%
EPS Q2Q%14.97%
EPS Next Y10.53%
EPS Next 2Y10.47%
EPS Next 3Y10.82%
EPS Next 5Y10.79%
Revenue 1Y (TTM)9.31%
Revenue growth 3Y10.43%
Revenue growth 5Y11.09%
Sales Q2Q%5.92%
Revenue Next Year6.56%
Revenue Next 2Y6.59%
Revenue Next 3Y6.79%
Revenue Next 5Y6.81%
EBIT growth 1Y22.99%
EBIT growth 3Y12.11%
EBIT growth 5Y14.21%
EBIT Next Year20.52%
EBIT Next 3Y1.89%
EBIT Next 5YN/A
FCF growth 1Y6.99%
FCF growth 3Y13.28%
FCF growth 5Y11.79%
OCF growth 1Y11.2%
OCF growth 3Y12.76%
OCF growth 5Y11.92%
CENCORA INC / COR FAQ
What is the fundamental rating for COR stock?
ChartMill assigns a fundamental rating of 4 / 10 to COR.
Can you provide the valuation status for CENCORA INC?
ChartMill assigns a valuation rating of 3 / 10 to CENCORA INC (COR). This can be considered as Overvalued.
How profitable is CENCORA INC (COR) stock?
CENCORA INC (COR) has a profitability rating of 6 / 10.
Can you provide the financial health for COR stock?
The financial health rating of CENCORA INC (COR) is 3 / 10.
Is the dividend of CENCORA INC sustainable?
The dividend rating of CENCORA INC (COR) is 5 / 10 and the dividend payout ratio is 28.12%.