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Claritev Corporation

CTEVยทNYSE

$26.27

-7.3%
HealthcareMedical - Healthcare Information Services

Claritev Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. In addition, the company offers data and decision science services including a suite of solutions that apply modern methods of data science to produce descriptive, predictive, and prescriptive analytics that drive optimized benefit plan design, support decision-making, improve clinical outcomes, and reduce the total cost of care; and business-to-business healthcare payments and other services. It serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. The company was formerly known as MultiPlan Corporation and changed its name to Claritev Corporation in February 2025. Claritev Corporation was founded in 1980 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$447.85M
EPS-17.3000
P/E Ratio-1.52
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.5).

Valuation inputs: P/E -1.5, earnings yield N/A, momentum -7.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +1.6%, ROIC +0.7%).

Profitability stack: net margin -29.4%, ROE +1.6%, ROIC +0.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +103.4%, momentum -7.3%, net margin -29.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Claritev Corporation Market vs Earnings Trajectory

CTEV ยท NYSE

Loading price and EPS data...

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Claritev Corporation Fair Value Envelope

CTEV ยท NYSE

Our analysis suggests that CTEV has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $26.27, this represents a potential HIDDEN relative to our calculated worth for Claritev Corporation.

Intrinsic Value
Current Price: $26.27
3Y-52.0%
5Y-61.0%
10Y-1411.0%
3Y-11.0%
5Y+3.0%
10Y-7.0%
3Y-50.0%
5Y-45.0%
10Y-885.0%
3Y-68.0%
5Y-69.0%
10Y-60.0%
3Y-104.0%
5Y-104.0%
10Y-105.0%
3Y-34.0%
5Y-41.0%
10Y-42.0%
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Claritev Corporation Profit Bridge

CTEV ยท NYSE
Revenue965.41M
Cost of Goods Sold (698.84M)
Gross Profit266.58M
Operating Expenses (221.52M)
Operating Income45.06M
Interest Expense (400.07M)
Other Income/Expense-418.14M
Pretax Income-373.08M
Income Tax (-88.80M)
Net Income-284.28M
Net Income
-284.28M

Profitability Analysis

Gross Margin

27.6%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

4.7%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-29.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

27.61%
Gross Profit Margin
-63%
3Y-66.0%
5Y-58.0%
10Y-68.0%
4.67%
Operating Profit Margin
-103%
3Y-114.0%
5Y-133.0%
10Y-89.0%
-29.45%
Net Profit Margin
-83%
3Y-45.0%
5Y-47.0%
10Y-946.0%
163.47%
Return on Equity
-108%
3Y-611.0%
5Y-903.0%
10Y-
-5.82%
Return on Assets
-82%
3Y-25.0%
5Y-7.0%
10Y-
0.74%
Return on Invested Capital
-103%
3Y-115.0%
5Y-148.0%
10Y-
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Claritev Corporation Cash Conversion Engine

CTEV ยท NYSE
Net Income-284.28M
Depreciation & Amortization445.43M
Stock-Based Compensation27.82M
Change in Working Capital-28.87M
Others85.73M
Capital Expenditures-129.60M
Free Cash Flow-12.28M

Cash Flow Quality Analysis

FCF Conversion Rate

4.3%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

110.5%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-16.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$28.87M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

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Claritev Corporation Funding & Solvency Profile

CTEV ยท NYSE
Cash & Cash Equivalents21.33M
Net Receivables140.92M
Inventory0.00
Other Current Assets80.02M
Total Current Assets242 M
Property, Plant & Equipment357.15M
Goodwill & Intangible Assets4.20B
Long-Term Investments0.00
Other Non-Current Assets35.34M
Total Non-Current Assets392 M
Total Assets
4.84B

Financial Health Analysis

Current Ratio

1.28x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Working Capital

53 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

5% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Claritev Corporation Street Expectations Map

CTEV ยท NYSE

Wall Street analysts project that CTEV stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 39.25, with estimates ranging from a low of 28.00 to a high of 61.00.

Lowest Target
28.00
6.59%
Consensus Target
39.25
49.41%
Highest Target
61.00
132.20%

The consensus 1-year price target stands at 39.25, with estimates ranging from a low of 28.00 to a high of 61.00.

Analyst Consensus Analysis

Upside Potential

+49.4%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

84.1% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Claritev Corporation Insider Positioning

CTEV ยท NYSE

During the last 12 months, insiders have purchased $2.48M and sold $38.87M worth of CTEV shares, resulting in $36.39M of net selling activity.

3 Months

Bought

40.5K

613.50K

Sold

0

0.00

Net Activity

+614K

+$614K

3-6 Months

Bought

46.1K

638.62K

Sold

0

0.00

Net Activity

+639K

+$639K

6-9 Months

Bought

16.4K

676.12K

Sold

797.6K

38.87M

Net Activity

-38.2M

-$38.19M

9-12 Months

Bought

9.9K

549.19K

Sold

0

0.00

Net Activity

+549K

+$549K

Top Buyers

1
KM

Kim Michael

Officer: Evp, Chief Digital Officer

57.6K sharesโ€ข4 transactions

$1.09M

2
DT

Dalton Travis

Director, Officer: Pres., Ceo & Executive Chair

36.2K sharesโ€ข5 transactions

$831K

3
HJ

Hogge Jerome

Officer: Evp, Chief Operating Officer

5.6K sharesโ€ข1 transactions

$301K

4
PJM

Prince John Michael

Director

10.0K sharesโ€ข1 transactions

$160K

5
MWB

Mintz William B.

Officer: Svp, Chief Strategy Officer

916 sharesโ€ข1 transactions

$35K

Top Sellers

1
HCIVL

H&F Corporate Investors Viii, Ltd.

10 Percent Owner

789.9K sharesโ€ข1 transactions

$38.44M

2
MT

Misencik Tiffani

Officer: Svp, Chief Growth Officer

7.7K sharesโ€ข1 transactions

$425K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $36.39M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.06:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$614K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 2 sellers. Broad-based buying across management team suggests widespread confidence.

No Dividend Yield Data

CTEV has not reported any dividend yield values in the available annual periods.

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ctev Dividend History

CTEV
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%