Centene Corporation

Centene Corporation

CNCยทNYSE

$59.55

-0.72%
HealthcareMedical - Healthcare Plans

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

At a Glance

Live Snapshot
Market Cap$29.41B
EPS-13.6100
P/E Ratio-4.38
Earnings Date07/28/2026
Centene Corporation

Centene Corporation Fair Value Envelope

CNC ยท NYSE

Our analysis suggests that CNC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $59.55, this represents a potential HIDDEN relative to our calculated worth for Centene Corporation.

Intrinsic Value
Current Price: $59.55

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$44,866.4B
+ Cash & Equivalents$17.9B
Firm Value$44,884.3B
- Debt$18.8B
Equity Value$44,865.5B
/ Shares Outstanding491,517,174B
DCF Value$91.3K
UNDERVALUED BY 153182%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$10.2B
$20.4B
$40.7B
$81.4B
$162.8B
$325.6B
$651.3B
$1,302.5B
$2,605.1B
$5,210.1B
Maintenance CapEx
-$306.8M
-$613.6M
-$1.2B
-$2.5B
-$4.9B
-$9.8B
-$19.6B
-$39.3B
-$78.5B
-$157.1B
Owner Earnings
$9.9B
$19.7B
$39.5B
$79.0B
$157.9B
$315.8B
$631.6B
$1,263.3B
$2,526.5B
$5,053.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$9.1B
$16.9B
$31.3B
$58.0B
$107.5B
$199.0B
$368.5B
$682.5B
$1,263.9B
$2,340.5B
Terminal Value represents 88.7% of Enterprise Value