CENCORA INC (COR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:COR - US03073E1055 - Common Stock
339.98 USD
-0.61 (-0.18%)
339.98 USD
0 (0%)
COR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 102 industry peers in the Health Care Providers & Services industry. COR has only an average score on both its financial health and profitability. COR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year COR was profitable.
In the past year COR had a positive cash flow from operations.
Each year in the past 5 years COR has been profitable.
In the past 5 years COR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of COR (2.03%) is comparable to the rest of the industry.
COR has a better Return On Equity (103.06%) than 98.04% of its industry peers.
COR's Return On Invested Capital of 14.50% is amongst the best of the industry. COR outperforms 91.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COR is significantly above the industry average of 9.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 103.06% | ||
| ROIC | 14.5% |
ROA(3y)2.36%
ROA(5y)2.55%
ROE(3y)223.66%
ROE(5y)N/A
ROIC(3y)15.04%
ROIC(5y)14.55%
1.3 Margins
COR has a Profit Margin (0.48%) which is in line with its industry peers.
In the last couple of years the Profit Margin of COR has declined.
COR's Operating Margin of 1.17% is in line compared to the rest of the industry. COR outperforms 44.12% of its industry peers.
In the last couple of years the Operating Margin of COR has grown nicely.
COR has a Gross Margin of 3.51%. This is amonst the worse of the industry: COR underperforms 80.39% of its industry peers.
COR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.17% | ||
| PM (TTM) | 0.48% | ||
| GM | 3.51% |
OM growth 3Y-0.12%
OM growth 5Y1.81%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y5.18%
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.
COR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, COR has less shares outstanding
COR has a worse debt/assets ratio than last year.
2.2 Solvency
COR has an Altman-Z score of 4.92. This indicates that COR is financially healthy and has little risk of bankruptcy at the moment.
COR has a better Altman-Z score (4.92) than 85.29% of its industry peers.
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.
With a decent Debt to FCF ratio value of 2.39, COR is doing good in the industry, outperforming 76.47% of the companies in the same industry.
A Debt/Equity ratio of 5.00 is on the high side and indicates that COR has dependencies on debt financing.
The Debt to Equity ratio of COR (5.00) is worse than 78.43% of its industry peers.
Although COR does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 4.92 |
ROIC/WACC1.65
WACC8.81%
2.3 Liquidity
A Current Ratio of 0.90 indicates that COR may have some problems paying its short term obligations.
The Current ratio of COR (0.90) is worse than 75.49% of its industry peers.
COR has a Quick 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.
The Quick ratio of COR (0.55) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
COR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.21%, which is quite good.
The Earnings Per Share has been growing by 15.14% on average over the past years. This is quite good.
Looking at the last year, COR shows a quite strong growth in Revenue. The Revenue has grown by 9.31% in the last year.
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
COR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.82% yearly.
Based on estimates for the next years, COR will show a quite strong growth in Revenue. The Revenue will grow by 8.02% on average per year.
EPS Next Y11.56%
EPS Next 2Y11.09%
EPS Next 3Y10.88%
EPS Next 5Y10.82%
Revenue Next Year6.08%
Revenue Next 2Y6.28%
Revenue Next 3Y6.41%
Revenue Next 5Y8.02%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.26, COR is valued on the expensive side.
Based on the Price/Earnings ratio, COR is valued a bit cheaper than 68.63% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. COR is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 19.06, COR is valued on the expensive side.
COR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. COR is cheaper than 61.76% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of COR to the average of the S&P500 Index (24.03), we can say COR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.26 | ||
| Fwd PE | 19.06 |
4.2 Price Multiples
60.78% of the companies in the same industry are more expensive than COR, based on the Enterprise Value to EBITDA ratio.
66.67% of the companies in the same industry are more expensive than COR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.56 | ||
| EV/EBITDA | 14.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of COR may justify a higher PE ratio.
PEG (NY)1.84
PEG (5Y)1.4
EPS Next 2Y11.09%
EPS Next 3Y10.88%
5. Dividend
5.1 Amount
With a yearly dividend of 0.70%, COR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.58, COR pays a better dividend. On top of this COR pays more dividend than 83.33% of the companies listed in the same industry.
With a Dividend Yield of 0.70, COR pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
5.2 History
The dividend of COR is nicely growing with an annual growth rate of 6.10%!
COR has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of COR decreased 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 2Y11.09%
EPS Next 3Y10.88%
339.98
-0.61 (-0.18%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Providers & Services
Earnings (Last)
Earnings (Next)
Inst Owners95.7%
Inst Owner Change-99.89%
Ins Owners0.1%
Ins Owner Change6.34%
Market Cap65.95B
Revenue(TTM)321.33B
Net Income(TTM)1.55B
Analysts80
Price TargetN/A
Short Float %2.5%
Short Ratio3.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
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)13.29%
PT rev (3m)15.67%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)-0.63%
EPS NY rev (1m)0.93%
EPS NY rev (3m)1.2%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-0.24%
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.26 | ||
| Fwd PE | 19.06 | ||
| P/S | 0.21 | ||
| P/FCF | 20.56 | ||
| P/OCF | 17.02 | ||
| P/B | 43.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.38 |
EPS(TTM)15.99
EY4.7%
EPS(NY)17.84
Fwd EY5.25%
FCF(TTM)16.53
FCFY4.86%
OCF(TTM)19.98
OCFY5.88%
SpS1656.44
BVpS7.77
TBVpS-82.18
PEG (NY)1.84
PEG (5Y)1.4
Graham Number52.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.03% | ||
| ROE | 103.06% | ||
| ROCE | 19.96% | ||
| ROIC | 14.5% | ||
| ROICexc | 18.88% | ||
| ROICexgc | N/A | ||
| OM | 1.17% | ||
| PM (TTM) | 0.48% | ||
| GM | 3.51% | ||
| FCFM | 1% |
ROA(3y)2.36%
ROA(5y)2.55%
ROE(3y)223.66%
ROE(5y)N/A
ROIC(3y)15.04%
ROIC(5y)14.55%
ROICexc(3y)19.39%
ROICexc(5y)18.79%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.71%
ROCE(5y)20.04%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-3.36%
ROICexc growth 5Y-5.64%
OM growth 3Y-0.12%
OM growth 5Y1.81%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y5.18%
F-Score6
Asset Turnover4.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5 | ||
| Debt/FCF | 2.39 | ||
| Debt/EBITDA | 1.57 | ||
| Cap/Depr | 62.52% | ||
| Cap/Sales | 0.21% | ||
| Interest Coverage | 10.51 | ||
| Cash Conversion | 80.48% | ||
| Profit Quality | 206.36% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 4.92 |
F-Score6
WACC8.81%
ROIC/WACC1.65
Cap/Depr(3y)50.93%
Cap/Depr(5y)61.57%
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 Y11.56%
EPS Next 2Y11.09%
EPS Next 3Y10.88%
EPS Next 5Y10.82%
Revenue 1Y (TTM)9.31%
Revenue growth 3Y10.43%
Revenue growth 5Y11.09%
Sales Q2Q%5.92%
Revenue Next Year6.08%
Revenue Next 2Y6.28%
Revenue Next 3Y6.41%
Revenue Next 5Y8.02%
EBIT growth 1Y23.25%
EBIT growth 3Y10.3%
EBIT growth 5Y13.11%
EBIT Next Year21.67%
EBIT Next 3Y12%
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 5 / 10 to COR.
Can you provide the valuation status for CENCORA INC?
ChartMill assigns a valuation rating of 4 / 10 to CENCORA INC (COR). This can be considered as Fairly Valued.
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 5 / 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%.