Centene Corp
NYSE:CNC

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Centene Corp
NYSE:CNC
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Price: 38.85 USD 0.1% Market Closed
Market Cap: 19.1B USD

Relative Value

The Relative Value of one CNC stock under the Base Case scenario is 173.92 USD. Compared to the current market price of 38.85 USD, Centene Corp is Undervalued by 78%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CNC Relative Value
Base Case
173.92 USD
Undervaluation 78%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
88
Median 3Y
0.3
Median 5Y
0.3
Industry
2.3
Forward
0.1
vs History
vs Industry
42
Median 3Y
13.7
Median 5Y
15.4
Industry
22.5
Forward
21.3
vs History
90
vs Industry
60
Median 3Y
1.4
Median 5Y
1.4
Industry
2.2
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
0.6

Multiples Across Competitors

CNC Competitors Multiples
Centene Corp Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
Centene Corp
NYSE:CNC
19.1B USD 0.1 -3.6 0.9
US
UnitedHealth Group Inc
NYSE:UNH
302.1B USD 0.7 17.2 3.2
US
Anthem Inc
LSE:0HG8
86.1B USD 0.4 15.6 2
US
Elevance Health Inc
NYSE:ELV
74B USD 0.4 13.4 1.7
US
Humana Inc
NYSE:HUM
30.4B USD 0.2 23.6 1.6
US
Healthequity Inc
NASDAQ:HQY
8.3B USD 6.5 56.7 3.9
US
Molina Healthcare Inc
NYSE:MOH
7.7B USD 0.2 8.7 1.8
US
Magellan Health Inc
F:MAH1
2.2B EUR 0.5 8.5 1.3
US
Progyny Inc
NASDAQ:PGNY
2.1B USD 1.6 36.8 3.7
BR
Hapvida Participacoes e Investimentos SA
BOVESPA:HAPV3
7.7B BRL 0.4 -16.1 0.2
US
Clover Health Investments Corp
NASDAQ:CLOV
1.4B USD 0.8 -31.3 4
P/E Multiple
Earnings Growth PEG
US
Centene Corp
NYSE:CNC
Average P/E: 22.5
Negative Multiple: -3.6
-14%
N/A
US
UnitedHealth Group Inc
NYSE:UNH
17.2
10%
1.7
US
A
Anthem Inc
LSE:0HG8
15.6
6%
2.6
US
Elevance Health Inc
NYSE:ELV
13.4
6%
2.2
US
Humana Inc
NYSE:HUM
23.6
27%
0.9
US
Healthequity Inc
NASDAQ:HQY
56.7
68%
0.8
US
Molina Healthcare Inc
NYSE:MOH
8.7
-9%
N/A
US
M
Magellan Health Inc
F:MAH1
8.5
N/A N/A
US
Progyny Inc
NASDAQ:PGNY
36.8
27%
1.4
BR
Hapvida Participacoes e Investimentos SA
BOVESPA:HAPV3
Negative Multiple: -16.1 N/A N/A
US
Clover Health Investments Corp
NASDAQ:CLOV
Negative Multiple: -31.3 N/A N/A