Company Valuation: Centene Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 48,081 46,439 39,643 30,585 20,226 32,120 - -
Change - -3.41% -14.63% -22.85% -33.87% 58.8% - -
Enterprise Value (EV) 1 53,801 52,385 40,279 35,055 19,739 27,737 25,300 22,169
Change - -2.63% -23.11% -12.97% -43.69% 40.52% -8.78% -12.38%
P/E 36.1x 39.6x 15x 9.6x -3.04x 16.9x 15.7x 11x
PBR 1.79x 1.88x 1.53x 1.14x 1.01x 1.4x 1.26x 1.1x
PEG - -4.3x 0x 0.3x 0x -0x 1.91x 0.3x
Capitalization / Revenue 0.38x 0.32x 0.26x 0.19x 0.1x 0.16x 0.17x 0.16x
EV / Revenue 0.43x 0.36x 0.26x 0.21x 0.1x 0.14x 0.13x 0.11x
EV / EBITDA 9.8x 11.3x 7.36x 7.75x 19.9x 9.55x 7.77x 5.68x
EV / EBIT 13.4x 13.5x 9.63x 8.82x 49.2x 12.1x 9.85x 6.43x
EV / FCF 16.3x 9.96x 5.55x -71.5x 4.57x 5.42x 7.21x 5.85x
FCF Yield 6.12% 10% 18% -1.4% 21.9% 18.5% 13.9% 17.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 2.28 2.07 4.95 6.31 -13.53 3.838 4.153 5.915
Distribution rate - - - - - - - -
Net sales 1 125,982 144,547 153,999 163,071 194,777 195,912 193,508 200,585
EBITDA 1 5,490 4,624 5,475 4,524 991 2,904 3,255 3,903
EBIT 1 4,014 3,888 4,182 3,975 401 2,286 2,568 3,449
Net income 1 1,347 1,202 2,702 3,305 -6,674 1,862 2,048 2,817
Net Debt 1 5,720 5,946 636 4,470 -487 -4,383 -6,819 -9,951
Reference price 2 82.40 82.01 74.21 60.58 41.15 65.02 65.02 65.02
Nbr of stocks (in thousands) 583,503 566,260 534,201 504,865 491,518 493,995 - -
Announcement Date 08/02/22 07/02/23 06/02/24 04/02/25 06/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.94x0.14x9.55x-.--% 32.12B
21.16x0.89x13.43x2.36% 350B
19.33x0.56x10.57x1.72% 86.86B
11.08x0.33x7.15x2.23% 73.33B
52.91x0.33x18.91x0.97% 45.5B
67.99x0.21x12.9x-.--% 10.43B
72.65x0.44x14.74x-.--% 2.73B
74.73x0.69x26.06x-.--% 2.2B
19.94x1.31x7.59x-.--% 1.97B
48.75x2.74x14.46x0.57% 282M
Average 40.55x 0.76x 13.53x 0.78% 60.56B
Weighted average by Cap. 23.08x 0.68x 12.49x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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