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 31,376 - -
Change - -3.41% -14.63% -22.85% -33.87% 55.13% - -
Enterprise Value (EV) 1 53,801 52,385 40,279 35,055 19,739 27,953 26,568 25,970
Change - -2.63% -23.11% -12.97% -43.69% 41.61% -4.95% -2.25%
P/E Ratio 36.1x 39.6x 15x 9.6x -3.04x 25.2x 19.1x 12.2x
PBR 1.79x 1.88x 1.53x 1.14x 1.01x 1.38x 1.23x 1.09x
PEG - -4.3x 0x 0.3x 0x -0x 0.6x 0.2x
Capitalization / Revenue 0.38x 0.32x 0.26x 0.19x 0.1x 0.16x 0.16x 0.16x
EV / Revenue 0.43x 0.36x 0.26x 0.21x 0.1x 0.15x 0.14x 0.13x
EV / EBITDA 9.8x 11.3x 7.36x 7.75x 19.9x 13.7x 9.9x 7.55x
EV / EBIT 13.4x 13.5x 9.63x 8.82x 49.2x 18.4x 12.6x 8.61x
EV / FCF 16.3x 9.96x 5.55x -71.5x 4.57x 10.2x 16.5x 10.2x
FCF Yield 6.12% 10% 18% -1.4% 21.9% 9.83% 6.05% 9.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 2.28 2.07 4.95 6.31 -13.53 2.517 3.335 5.228
Distribution rate - - - - - - - -
Net sales 1 1,25,982 1,44,547 1,53,999 1,63,071 1,94,777 1,90,375 1,90,859 1,97,902
EBITDA 1 5,490 4,624 5,475 4,524 991 2,041 2,685 3,439
EBIT 1 4,014 3,888 4,182 3,975 401 1,521 2,113 3,015
Net income 1 1,347 1,202 2,702 3,305 -6,674 1,222 1,636 2,486
Net Debt 1 5,720 5,946 636 4,470 -487 -3,423 -4,808 -5,406
Reference price 2 82.40 82.01 74.21 60.58 41.15 63.54 63.54 63.54
Nbr of stocks (in thousands) 5,83,503 5,66,260 5,34,201 5,04,865 4,91,518 4,93,797 - -
Announcement Date 08/02/22 07/02/23 06/02/24 04/02/25 06/02/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.24x0.15x13.7x-.--% 3.14TCr
23.67x0.93x14.69x2.18% 37TCr
19.5x0.57x11.1x1.74% 8.67TCr
11.66x0.34x7.24x2.1% 7.8TCr
45.21x0.33x19.1x0.96% 4.43TCr
57.86x0.2x12.85x-.--% 1.01TCr
105.8x0.72x24.24x-.--% 418.43Cr
373.19x0.83x41.43x-.--% 258.08Cr
19.78x1.33x7.72x-.--% 200.92Cr
Average 75.77x 0.60x 16.90x 0.78% 6.97TCr
Weighted average by Cap. 25.72x 0.72x 13.65x 1.85%

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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