CNC Relative Valuation
CNC's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CNC is overvalued; if below, it's undervalued.
Historical Valuation
Centene Corp (CNC) is now in the Fair zone, suggesting that its current forward PE ratio of 15.92 is considered Fairly compared with the five-year average of 12.14. The fair price of Centene Corp (CNC) is between 35.96 to 46.18 according to relative valuation methord.
Relative Value
Fair Zone
35.96-46.18
Current Price：38.85
Fair
15.95
PE
1Y
3Y
5Y
Trailing
Forward
15.27
EV/EBITDA
Centene Corp. (CNC) has a current EV/EBITDA of 15.27. The 5-year average EV/EBITDA is 9.87. The thresholds are as follows: Strongly Undervalued below 4.71, Undervalued between 4.71 and 7.29, Fairly Valued between 12.46 and 7.29, Overvalued between 12.46 and 15.04, and Strongly Overvalued above 15.04. The current Forward EV/EBITDA of 15.27 falls within the Strongly Overvalued range.
39.38
EV/EBIT
Centene Corp. (CNC) has a current EV/EBIT of 39.38. The 5-year average EV/EBIT is 21.20. The thresholds are as follows: Strongly Undervalued below -65.79, Undervalued between -65.79 and -22.30, Fairly Valued between 64.69 and -22.30, Overvalued between 64.69 and 108.18, and Strongly Overvalued above 108.18. The current Forward EV/EBIT of 39.38 falls within the Historic Trend Line -Fairly Valued range.
0.10
PS
Centene Corp. (CNC) has a current PS of 0.10. The 5-year average PS is 0.26. The thresholds are as follows: Strongly Undervalued below 0.11, Undervalued between 0.11 and 0.18, Fairly Valued between 0.34 and 0.18, Overvalued between 0.34 and 0.41, and Strongly Overvalued above 0.41. The current Forward PS of 0.10 falls within the Strongly Undervalued range.
7.41
P/OCF
Centene Corp. (CNC) has a current P/OCF of 7.41. The 5-year average P/OCF is 9.97. The thresholds are as follows: Strongly Undervalued below 0.09, Undervalued between 0.09 and 5.03, Fairly Valued between 14.90 and 5.03, Overvalued between 14.90 and 19.84, and Strongly Overvalued above 19.84. The current Forward P/OCF of 7.41 falls within the Historic Trend Line -Fairly Valued range.
13.52
P/FCF
Centene Corp. (CNC) has a current P/FCF of 13.52. The 5-year average P/FCF is 12.32. The thresholds are as follows: Strongly Undervalued below 3.47, Undervalued between 3.47 and 7.89, Fairly Valued between 16.74 and 7.89, Overvalued between 16.74 and 21.17, and Strongly Overvalued above 21.17. The current Forward P/FCF of 13.52 falls within the Historic Trend Line -Fairly Valued range.
Centene Corp (CNC) has a current Price-to-Book (P/B) ratio of 0.91. Compared to its 3-year average P/B ratio of 1.29 , the current P/B ratio is approximately -29.71% higher. Relative to its 5-year average P/B ratio of 1.44, the current P/B ratio is about -36.89% higher. Centene Corp (CNC) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 11.09%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 10.97% , the current FCF yield is about -100.00% lower.
0.91
P/B
Median3y
1.29
Median5y
1.44
17.59
FCF Yield
Median3y
11.09
Median5y
10.97
Competitors Valuation Multiple
The average P/S ratio for CNC's competitors is , providing a benchmark for relative valuation. Centene Corp Corp (CNC) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 18.24%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of CNC decreased by 35.87% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -0.39 to -3.64.
The secondary factor is the Revenue Growth, contributed 18.24%to the performance.
Overall, the performance of CNC in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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