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53.85 (1y: -3%)
Market Cap 2.35 B P/E(ttm) 15.30
Enterprise Value 1.09 B P/B 1.80
WCG- NYSE (USA)
WellCare Health Plans, Inc.
Not Rated
Top Ranked Predictable Companies
$53.85
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt 7.666
WCG's Cash to Debt is ranked higher than
71% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.88 vs. WCG: 7.666 )
WCG' s 10-Year Cash to Debt Range
Min: 1.38   Max: No Debt
Current: 7.67
Equity to Asset 0.391
WCG's Equity to Asset is ranked higher than
94% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.20 vs. WCG: 0.391 )
WCG' s 10-Year Equity to Asset Range
Min: -0.14   Max: 0.4
Current: 0.39
-0.14
0.4
Interest Coverage 71.9
WCG's Interest Coverage is ranked lower than
59% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 265.90 vs. WCG: 71.9 )
WCG' s 10-Year Interest Coverage Range
Min: 5   Max: No Debt
Current: 71.9
F-Score: 4
Z-Score: 4.62
M-Score: -1.37
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 4.00
WCG's Operating margin (%) is ranked lower than
65% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 4.00 vs. WCG: 4.00 )
WCG' s 10-Year Operating margin (%) Range
Min: -2.4   Max: 7
Current: 4
-2.4
7
Net-margin (%) 2.5
WCG's Net-margin (%) is ranked lower than
53% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 2.10 vs. WCG: 2.5 )
WCG' s 10-Year Net-margin (%) Range
Min: -2.4   Max: 4.3
Current: 2.5
-2.4
4.3
ROE (%) 14
WCG's ROE (%) is ranked higher than
65% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 9.20 vs. WCG: 14 )
WCG' s 10-Year ROE (%) Range
Min: -6.4   Max: 97.1
Current: 14
-6.4
97.1
ROA (%) 6.9
WCG's ROA (%) is ranked higher than
76% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 2.80 vs. WCG: 6.9 )
WCG' s 10-Year ROA (%) Range
Min: -6.1   Max: 10.6
Current: 6.9
-6.1
10.6
Revenue Growth (%) 0.9
WCG's Revenue Growth (%) is ranked lower than
71% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 7.35 vs. WCG: 0.9 )
WCG' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 34.8
Current: 0.9
0
34.8
EBITDA Growth (%) 28.3
WCG's EBITDA Growth (%) is ranked lower than
94% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 14.00 vs. WCG: 28.3 )
WCG' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 33.4
Current: 28.3
0
33.4
EPS Growth (%) 45.2
WCG's EPS Growth (%) is ranked lower than
94% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 13.10 vs. WCG: 45.2 )
WCG' s 10-Year EPS Growth (%) Range
Min: 0   Max: 54.6
Current: 45.2
0
54.6
ยป WCG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

WCG Guru Trades in Q2 2012

Andreas Halvorsen 1,082,100 sh (+230.01%)
Paul Tudor Jones 14,200 sh (+79.75%)
Joel Greenblatt 61,427 sh (+58.24%)
Steven Cohen 1,278,504 sh (+21.54%)
Jim Simons 1,193,000 sh (+5%)
Vanguard Health Care Fund 349,000 sh (unchged)
George Soros Sold Out
Jeremy Grantham Sold Out
Ray Dalio Sold Out
Chuck Royce Sold Out
» More
Q3 2012

WCG Guru Trades in Q3 2012

Ken Fisher 85,000 sh (New)
Ray Dalio 24,310 sh (New)
Joel Greenblatt 68,558 sh (+11.61%)
Vanguard Health Care Fund 349,000 sh (unchged)
Jim Simons Sold Out
Andreas Halvorsen 665,300 sh (-38.52%)
Paul Tudor Jones 8,600 sh (-39.44%)
Steven Cohen 220,762 sh (-82.73%)
» More
Q4 2012

WCG Guru Trades in Q4 2012

Chuck Royce 15,400 sh (New)
Pioneer Investments 70,200 sh (New)
Ken Fisher 85,000 sh (unchged)
Vanguard Health Care Fund 349,000 sh (unchged)
Andreas Halvorsen Sold Out
Ray Dalio Sold Out
Paul Tudor Jones 7,600 sh (-11.63%)
Joel Greenblatt 19,988 sh (-70.85%)
Steven Cohen 60,483 sh (-72.6%)
» More
Q1 2013

WCG Guru Trades in Q1 2013

Jim Simons 561,700 sh (New)
Vanguard Health Care Fund 349,000 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce Sold Out
Ken Fisher Sold Out
Paul Tudor Jones Sold Out
Pioneer Investments Sold Out
Steven Cohen 5,164 sh (-91.46%)
» More
» Details

Insider Trades

Latest Guru Trades with WCG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.06%$45.78 - $60.25 $ 53.850%0
Ken Fisher 2013-03-31 Sold Out 0.01%$45.78 - $60.25 $ 53.850%0
Andreas Halvorsen 2012-12-31 Sold Out 0.26%$45.9 - $56.2 $ 53.858%0
Joel Greenblatt 2012-12-31 Reduce -70.85%0.18%$45.9 - $56.2 $ 53.858%19988
Ray Dalio 2012-12-31 Sold Out 0.02%$45.9 - $56.2 $ 53.858%0
Andreas Halvorsen 2012-09-30 Reduce -38.52%0.18%$52.83 - $67.42 $ 53.85-10%665300
Ray Dalio 2012-09-30 New Buy0.02%$52.83 - $67.42 $ 53.85-10%24310
Ken Fisher 2012-09-30 New Buy0.01%$52.83 - $67.42 $ 53.85-10%85000
Andreas Halvorsen 2012-06-30 Add 230.01%0.32%$49.61 - $74.24 $ 53.85-10%1082100
Joel Greenblatt 2012-06-30 Add 58.24%0.09%$49.61 - $74.24 $ 53.85-10%61427
George Soros 2012-06-30 Sold Out 0.05%$49.61 - $74.24 $ 53.85-10%0
Ray Dalio 2012-06-30 Sold Out 0.05%$49.61 - $74.24 $ 53.85-10%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 15.30
WCG's P/E(ttm) is ranked higher than
71% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 10.80 vs. WCG: 15.30 )
WCG' s 10-Year P/E(ttm) Range
Min: 5.28   Max: 41.02
Current: 15.3
5.28
41.02
P/B 1.80
WCG's P/B is ranked lower than
76% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.50 vs. WCG: 1.80 )
WCG' s 10-Year P/B Range
Min: 0.36   Max: 6.62
Current: 1.8
0.36
6.62
P/S 0.30
WCG's P/S is ranked higher than
59% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.40 vs. WCG: 0.30 )
WCG' s 10-Year P/S Range
Min: 0.04   Max: 0.95
Current: 0.3
0.04
0.95
EV-to-EBIT 4.5
WCG's EV-to-EBIT is ranked lower than
71% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 7.65 vs. WCG: 4.5 )
WCG' s 10-Year EV-to-EBIT Range
Min: 0.1   Max: 15.2
Current: 4.5
0.1
15.2
Shiller P/E 21.7
WCG's Shiller P/E is ranked higher than
76% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 12.40 vs. WCG: 21.7 )
WCG' s 10-Year Shiller P/E Range
Min: 8.85   Max: 31.17
Current: 21.7
8.85
31.17

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 4.7
WCG's Price/Net Current Asset Value is ranked lower than
59% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 10.10 vs. WCG: 4.7 )
WCG' s 10-Year Price/Net Current Asset Value Range
Min: 2.4   Max: 36.2
Current: 4.7
2.4
36.2
Price/Tangible Book 2.2
WCG's Price/Tangible Book is ranked lower than
59% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 2.75 vs. WCG: 2.2 )
WCG' s 10-Year Price/Tangible Book Range
Min: 0.8   Max: 10
Current: 2.2
0.8
10
Price/DCF (Projected) 1.2
WCG's Price/DCF (Projected) is ranked higher than
88% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.60 vs. WCG: 1.2 )
WCG' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.9
Current: 1.2
0.3
0.9
Price/Median PS Value 0.8
WCG's Price/Median PS Value is ranked higher than
88% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.70 vs. WCG: 0.8 )
WCG' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 2.4
Current: 0.8
0.2
2.4
Price/Graham Number 1.1
WCG's Price/Graham Number is ranked lower than
53% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.50 vs. WCG: 1.1 )
WCG' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 3.7
Current: 1.1
0.9
3.7
Earnings Yield (Greenblatt) 22.40
WCG's Earnings Yield (Greenblatt) is ranked lower than
88% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 13.60 vs. WCG: 22.40 )
WCG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.6   Max: 1108.7
Current: 22.4
6.6
1108.7
Forward Rate of Return (Yacktman) 2.13
WCG's Forward Rate of Return (Yacktman) is ranked lower than
65% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 20.32 vs. WCG: 2.13 )
WCG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 2.3   Max: 22.1
Current: 2.13
2.3
22.1

Business Description

Wellcare Health Plans, Inc. was formed in May 2002 when it acquired its Florida, New York and Connecticut health plans. From inception to July 2004, it operated through a holding company that was a Delaware limited liability company. In July 2004, immediately prior to the closing of its initial public offering, that company was merged into a Delaware corporation and the name of the Company was changed to WellCare Health Plans, Inc. The Company provides managed care services exclusively to government-sponsored health care programs, serving approximately 2.6 million members as of December 31, 2011. Through its licensed subsidiaries, as of December 31, 2011, it operated its Medicaid health plans in eight states, which are Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New York and Ohio, and its Medicare Advantage coordinated care plans in 119 counties across 12 states. The Company has three reportable operating segments: Medicaid, Medicare Advantage and Prescription Drug Plans, which are within its two main business lines: Medicaid and Medicare. Medicaid was established to provide medical assistance to low-income and disabled persons. It is state operated and implemented, although it is funded and regulated by both the state and federal governments. Medicare is a federal health insurance program that provides eligible persons age 65 and over, and some disabled persons, a variety of hospital, medical and prescription drug benefits. The Company's MA segment consists of MA plans which, following the exit of its PFFS product on December 31, 2009, is comprised of CCPs. MA is Medicare's managed care alternative to original Medicare, which provides individuals standard Medicare benefits directly through CMS. Prescription Drug Plans offers stand-alone Medicare Part D coverage to Medicare-eligible beneficiaries through its PDP segment. The Medicare Part D prescription drug benefit is supported by risk sharing with the federal government through risk corridors designed to limit the losses and gains of the drug plans and by reinsurance for catastrophic drug costs. It operates in a highly competitive environment to manage the cost and quality of services that are delivered to government health care program beneficiaries. The Company's health care operations are highly regulated by both state and federal government agencies.
Company Website
SEC Reports
Industry: Health Care Plans
Compare:UNH, ESRX, WLP, HUM, AET
Traded in other countries:UWQ.Germany
ยป More Articles for WCG

Headlines

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