MultiPlan Corporation (NYSE:MPLN)

MultiPlan Corporation MPLN

Healthcare - Medical - Healthcare Information Services - NYSE - US

Watchlist

$ 6.18

-12.6 %

$ 99.9 M

Market Cap

-0.06

P/E

1. INTRINSIC VALUE

MultiPlan 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, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery.[ Read More ]

The intrinsic value of one MPLN stock under the base case scenario is HIDDEN Compared to the current market price of 6.18 USD, MultiPlan Corporation is HIDDEN

MPLN Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MPLN

FINANCIALS

Annual
Quarterly

962 M REVENUE

Growth Rates

1Year -10.95%

3Years 0.84%

5Years -1.57%

7Years 0.00%

10Years 0.00%

173 M OPERATING INCOME

Growth Rates

1Year -42.77%

3Years 53.95%

5Years -16.51%

7Years 0.00%

10Years 0.00%

-91.7 M NET INCOME

Growth Rates

1Year 83.99%

3Years 44.26%

5Years -28.70%

7Years 0.00%

10Years 0.00%

172 M OPERATING CASH FLOW

Growth Rates

1Year -53.88%

3Years -23.08%

5Years -10.09%

7Years 0.00%

10Years 0.00%

-250 M INVESTING CASH FLOW

Growth Rates

1Year -139.16%

3Years -5.81%

5Years -31.49%

7Years 0.00%

10Years 0.00%

-181 M FINANCING CASH FLOW

Growth Rates

1Year -56.38%

3Years -43.23%

5Years 5.89%

7Years 0.00%

10Years 0.00%

230 M REVENUE

Growth Rates

1Year -10.95%

3Years 0.84%

5Years -1.57%

7Years 0.00%

10Years 0.00%

-338 M OPERATING INCOME

Growth Rates

1Year -42.77%

3Years 53.95%

5Years -16.51%

7Years 0.00%

10Years 0.00%

-391 M NET INCOME

Growth Rates

1Year 83.99%

3Years 44.26%

5Years -28.70%

7Years 0.00%

10Years 0.00%

72.8 M OPERATING CASH FLOW

Growth Rates

1Year -53.88%

3Years -23.08%

5Years -10.09%

7Years 0.00%

10Years 0.00%

-31.7 M INVESTING CASH FLOW

Growth Rates

1Year -139.16%

3Years -5.81%

5Years -31.49%

7Years 0.00%

10Years 0.00%

212 K FINANCING CASH FLOW

Growth Rates

1Year -56.38%

3Years -43.23%

5Years 5.89%

7Years 0.00%

10Years 0.00%

Balance Sheet Decomposition MultiPlan Corporation

6.96 B ASSETS
5.26 B LIABILITIES

Current Assets	194 M
Cash & Short-Term Investments	81.5 M
Receivables	76.6 M
Other Current Assets	35.5 M
Non-Current Assets	6.77 B
Long-Term Investments	15 M
PP&E	287 M
Other Non-Current Assets	6.47 B

Current Liabilities	167 M
Accounts Payable	19.6 M
Short-Term Debt	22.8 M
Other Current Liabilities	124 M
Non-Current Liabilities	5.09 B
Long-Term Debt	4.55 B
Other Non-Current Liabilities	539 M

EFFICIENCY

Earnings Waterfall MultiPlan Corporation

Revenue	962 M
Cost Of Revenue	655 M
Gross Profit	306 M
Operating Expenses	564 M
Operating Income	173 M
Other Expenses	265 M
Net Income	-91.7 M

RATIOS

31.83% GROSS MARGIN

Averages

1Year 31.83%

3Years 65.75%

5Years 69.61%

7Years 73.65%

10Years 0.00%

18.03% OPERATING MARGIN

Averages

1Year 18.03%

3Years 26.88%

5Years 21.38%

7Years 26.01%

10Years 0.00%

-9.54% NET MARGIN

Averages

1Year -9.54%

3Years -17.82%

5Years -21.79%

7Years -6.39%

10Years 0.00%

-5.37% ROE

Averages

1Year -5.37%

3Years -11.00%

5Years -10.59%

7Years -7.30%

10Years 0.00%

-1.32% ROA

Averages

1Year -1.32%

3Years -2.62%

5Years -2.82%

7Years -1.96%

10Years 0.00%

2.37% ROIC

Averages

1Year 2.37%

3Years 3.69%

5Years 2.86%

7Years 2.70%

10Years 0.00%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis MultiPlan Corporation

Net Income	-91.7 M
Depreciation & Amortization	426 M
Capital Expenditures	-109 M
Stock-Based Compensation	18 M
Change in Working Capital	-21.9 M
Others	-57.6 M
Free Cash Flow	62.9 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets MultiPlan Corporation

Wall Street analysts predict an average 1-year price target for MPLN of $10 , with forecasts ranging from a low of $10 to a high of $10 .

MPLN Lowest Price Target Wall Street Target

10 USD 61.81%

MPLN Average Price Target Wall Street Target

10 USD 61.81%

MPLN Highest Price Target Wall Street Target

10 USD 61.81%

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

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EUDA Health Limited develops digital health platform that offers virtual consults for non-emergency medical issues. The company was founded in 2019 and is based in Singapore.

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EUDA

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Minerva Surgical, Inc., a commercial-stage medical technology company, develops, manufactures, and commercializes minimally invasive solutions to meet the uterine healthcare needs of women in the United States.

0 USD

UTRS

Overvalued 100.00%

Nutex Health, Inc. operates as a technology-enabled healthcare services company. It operates through two divisions: Hospital division and Population Health Management division.

6.5 USD

NUTX

Overvalued 77.35%

Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services.

-0.0134 USD

HCTI

Overvalued 101.16%

CareMax, Inc. provides medical services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation.

-1.17 USD

CMAX

Overvalued 169.58%

MSP Recovery, Inc. operates as a healthcare recoveries and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights.

0 USD

LIFW

Overvalued 100.00%

BullFrog AI Holdings, Inc., through its subsidiaries, operates as a digital biopharmaceutical company that focuses on artificial intelligence and machine learning (AI/ML) driven analysis of data sets in medicine and healthcare in the United States.

0.287 USD

BFRG

Overvalued 87.42%

HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions.

44.7 USD

HSTM

Undervalued 42.36%

Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United States. Its solutions provide information on healthcare providers and their activities to help its customers in the area ranging from product development to go-to-market planning, and sales and marketing execution.

16.3 USD

Undervalued 280.90%

6. Ownership

Insider Ownership MultiPlan Corporation

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

731 K USD 4

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 months ago Aug 07, 2024	Bought 78.8 K USD	Mintz William B. SVP, Corp. Affairs/Strategy	+ 197000	0.4 USD
3 months ago Aug 06, 2024	Bought 25.6 K USD	Mintz William B. SVP, Corp. Affairs/Strategy	+ 81165	0.3149 USD
3 months ago Aug 07, 2024	Bought 185 K USD	Dalton Travis Pres., Chief Executive Officer	+ 500000	0.37 USD
3 months ago Aug 06, 2024	Bought 46.5 K USD	Garis Douglas Michael EVP, CFO & Treasurer	+ 150000	0.3097 USD
3 months ago Aug 06, 2024	Bought 299 K USD	Garis Douglas Michael EVP, CFO & Treasurer	+ 1000000	0.2993 USD
6 months ago May 16, 2024	Bought 96 K USD	Colaluca Anthony Jr Director	+ 160000	0.6 USD
1 year ago Nov 21, 2022	Bought 51.4 K USD	Colaluca Anthony Jr Director	+ 35000	1.4698 USD
2 years ago Aug 22, 2022	Sell 8.55 M USD	Tabak Mark Director	- 2250000	3.8 USD
2 years ago Aug 22, 2022	Sell 8.55 M USD	Tabak Mark director:	- 2250000	3.8 USD
2 years ago Aug 11, 2022	Sell 218 K USD	Kim Michael SVP, Chief Information Officer	- 50000	4.3672 USD
2 years ago Nov 29, 2021	Bought 1.3 M USD	Head James M EVP & Chief Financial Officer	+ 300000	4.34 USD
3 years ago Nov 05, 2021	Bought 99 K USD	Colaluca Anthony Jr Director	+ 25000	3.96 USD
3 years ago Aug 20, 2021	Bought 72 K USD	Klapstein Julie D Director	+ 12000	5.9964 USD
3 years ago Dec 07, 2020	Bought 13.3 M USD	H&F Corporate Investors VIII, Ltd. 10 percent owner	+ 1597324	8.3446 USD
3 years ago Dec 04, 2020	Bought 865 K USD	H&F Corporate Investors VIII, Ltd. 10 percent owner	+ 114721	7.5363 USD
3 years ago Dec 04, 2020	Bought 700 K USD	AUGUST GLENN R Director	+ 100000	7 USD
3 years ago Dec 03, 2020	Bought 3.7 M USD	AUGUST GLENN R Director	+ 529213	6.9983 USD
3 years ago Dec 02, 2020	Bought 1.38 M USD	AUGUST GLENN R Director	+ 197052	6.9967 USD
4 years ago Nov 18, 2020	Bought 101 K USD	Galant Paul President, New Markets	+ 14050	7.1683 USD
4 years ago Nov 17, 2020	Bought 102 K USD	Galant Paul President, New Markets	+ 14500	7.0056 USD
4 years ago Nov 17, 2020	Bought 4.93 M USD	Klein Michael Stuart Director	+ 700000	7.037 USD
4 years ago Nov 16, 2020	Bought 4.98 M USD	Klein Michael Stuart Director	+ 700000	7.1106 USD
4 years ago Nov 13, 2020	Bought 4.89 M USD	Klein Michael Stuart Director	+ 741000	6.596 USD
4 years ago Oct 07, 2020	Bought 2.69 M USD	Klein Michael Stuart director, 10 percent owner:	+ 261711	10.2967 USD
4 years ago Oct 06, 2020	Bought 2.27 M USD	Klein Michael Stuart director, 10 percent owner:	+ 220000	10.31 USD
4 years ago Oct 07, 2020	Bought 2.69 M USD	Klein Mark D Director	+ 261711	10.2967 USD
4 years ago Oct 06, 2020	Bought 2.27 M USD	Klein Mark D Director	+ 220000	10.31 USD

7. News

MultiPlan Corporation (MPLN) Q3 2024 Earnings Conference Call Transcript MultiPlan Corporation (NYSE:MPLN ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Shawna Gasik - AVP, IR Travis Dalton - CEO Doug Garis - CFO Conference Call Participants Joshua Raskin - Nephron Research Daniel Grosslight - Citigroup Jessica Tassan - Piper Sandler Madison Aron - JPMorgan Operator Hello and welcome to the MultiPlan Corporation Third Quarter 2024 Earnings Call. My name is Harry and I will be your operator today. seekingalpha.com - 1 week ago

MultiPlan Corporation (MPLN) Reports Q3 Loss, Lags Revenue Estimates MultiPlan Corporation (MPLN) came out with a quarterly loss of $1.85 per share versus the Zacks Consensus Estimate of a loss of $2.37. This compares to loss of $2.40 per share a year ago. zacks.com - 1 week ago

MultiPlan Reports Third Quarter 2024 Results and Updates 2024 Guidance NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, today reported financial results for the third quarter ended September 30, 2024 and updated its full-year 2024 guidance. CEO Travis Dalton said, “During the third quarter, we experienced growth in volumes of billed charges and identified. businesswire.com - 1 week ago

MultiPlan Accepting Applications for Rural Health Grant NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, is accepting applications for its Rural Health Grant now through December 15, 2024 from rural healthcare providers in the U.S. The grants provide financial resources to introduce or expand services, education, screenings and other programs aimed at improving the health. businesswire.com - 2 weeks ago

MultiPlan Corporation (MPLN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release MultiPlan (MPLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago

MultiPlan Appoints Tiffani Misencik to Drive Strategic Growth NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, today announced a new addition to its executive leadership team to support the next phase of the Company's strategic growth. Tiffani Misencik has been appointed Chief Growth Officer. In this newly created role, Misencik will oversee Multi. businesswire.com - 3 weeks ago

MultiPlan Corporation Announces Third Quarter 2024 Earnings Conference Call NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Third Quarter 2024 Earnings Conference Call. businesswire.com - 1 month ago

Strength Seen in MultiPlan (MPLN): Can Its 9.0% Jump Turn into More Strength? MultiPlan (MPLN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 1 month ago

MultiPlan Stock Falls Even After NRHA Rural Healthcare Deal MPLN and NRHA team up to empower rural healthcare providers with innovative technology and data-driven solutions, improving access, quality and affordability. zacks.com - 1 month ago

MultiPlan and the National Rural Health Association Announce Strategic Alliance to Empower Rural Healthcare Providers through Innovative Technology and Services NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, and the National Rural Health Association (NRHA), a non-profit membership organization that provides leadership on rural health issues, announced today a strategic alliance to improve access to high-quality healthcare services in rural co. businesswire.com - 1 month ago

MultiPlan Makes Fortune's Best Workplaces in Health Care List for Second Year in a Row NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data-enabled cost management, payment, and revenue integrity solutions to the U.S. health care industry, is honored to announce it has been named in the 2024 Fortune Best Workplaces in Health Care™ List. based on its 2023-2024 Great Place to Work® Certification™ results. This is the second time MultiPlan has been named in the Best Workplaces in Health Care list. Ear. businesswire.com - 2 months ago

MultiPlan Corporation (MPLN) Q2 2024 Earnings Call Transcript MultiPlan Corporation (NYSE:MPLN ) Q2 2024 Earnings Conference Call August 1, 2024 9:30 AM ET Company Participants Shawna Gasik - Vice President of Investor Relations Travis Dalton - Chief Executive Officer Jim Head - Chief Financial Officer Jerry Hogge - Chief Operating Officer Conference Call Participants Joshua Raskin - Nephron Research Daniel Grosslight - Citigroup Madison Aron - JPMorgan Jessica Tassan - Piper Sandler Operator Good morning and welcome to the MultiPlan Corporation Second Quarter 2024 Earnings Call. My name is Harry and I'll be your operator today. seekingalpha.com - 3 months ago

8. Profile Summary

MultiPlan Corporation MPLN

COUNTRY US

INDUSTRY Medical - Healthcare Information Services

MARKET CAP $ 99.9 M

Dividend Yield 0.00%

Description MultiPlan 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, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.

Contact 115 Fifth Avenue, New York, NY, 10003 https://www.multiplan.us

IPO Date April 3, 2020

Employees 2800

Officers Mr. Alwyn Van Heerdan Vice President of Strategy & Corporate Development Ms. Melissa Humphrey Senior Vice President of Marketing & Communications Ms. Tara O'Neil General Counsel Mr. Dale A. White Executive Chairman Mr. Michael C. Kim Chief Information Officer Ms. Carol H. Nutter Chief People Officer Mr. James M. Head Strategic Advisor Mr. Travis S. Dalton Chief Executive Officer, President & Director Mr. Doug Garis Executive Vice President & Chief Financial Officer Mr. Jerome W. Hogge III Chief Operations Officer

Price Chart MPLN

MultiPlan Corporation MPLN

Premium Plan

Unlimited Plan