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 31,961 - -
Change - -3.41% -14.63% -22.85% -33.87% 58.02% - -
Enterprise Value (EV) 1 53,801 52,385 40,279 35,055 19,739 27,579 25,223 22,070
Change - -2.63% -23.11% -12.97% -43.69% 39.72% -8.54% -12.5%
P/E 36.1x 39.6x 15x 9.6x -3.04x 16.9x 15.6x 10.9x
PBR 1.79x 1.88x 1.53x 1.14x 1.01x 1.39x 1.25x 1.1x
PEG - -4.3x 0x 0.3x 0x -0x 1.9x 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 9.5x 7.73x 5.65x
EV / EBIT 13.4x 13.5x 9.63x 8.82x 49.2x 12.1x 9.79x 6.39x
EV / FCF 16.3x 9.96x 5.55x -71.5x 4.57x 5.39x 7.48x 5.77x
FCF Yield 6.12% 10% 18% -1.4% 21.9% 18.6% 13.4% 17.3%
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 1 125,982 144,547 153,999 163,071 194,777 195,912 193,589 200,785
EBITDA 1 5,490 4,624 5,475 4,524 991 2,904 3,265 3,907
EBIT 1 4,014 3,888 4,182 3,975 401 2,286 2,576 3,452
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 -6,738 -9,892
Reference price 2 82.40 82.01 74.21 60.58 41.15 64.70 64.70 64.70
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.($)
16.99x0.14x9.59x-.--% 31.96B
21.37x0.9x13.54x2.33% 349B
19.22x0.56x10.52x1.73% 86.41B
11.12x0.33x7.17x2.22% 73.31B
53.35x0.33x19.04x0.96% 45.39B
69.12x0.21x13.14x-.--% 10.48B
73.03x0.45x14.83x-.--% 2.65B
76.18x0.71x26.6x-.--% 2.24B
19.93x1.31x7.6x-.--% 1.96B
Average 40.03x 0.55x 13.56x 0.8% 67.02B
Weighted average by Cap. 23.24x 0.68x 12.57x 1.94%

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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