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Health Net (Health Net) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 25, 2024)


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What is Health Net Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-25), Health Net's Intrinsic Value: Projected FCF is $0.00. The stock price of Health Net is $67.19. Therefore, Health Net's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Health Net's Intrinsic Value: Projected FCF or its related term are showing as below:

HNT's Price-to-Projected-FCF is not ranked *
in the Healthcare Plans industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Health Net Intrinsic Value: Projected FCF Historical Data

The historical data trend for Health Net's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Health Net Intrinsic Value: Projected FCF Chart

Health Net Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.92 29.88 21.65 41.37 51.72

Health Net Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.37 59.58 57.42 56.18 51.72

Competitive Comparison of Health Net's Intrinsic Value: Projected FCF

For the Healthcare Plans subindustry, Health Net's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Health Net's Price-to-Projected-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Health Net's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Health Net's Price-to-Projected-FCF falls into.



Health Net Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Health Net's Free Cash Flow(6 year avg) = $246.07.

Health Net's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec15)*0.8)/Shares Outstanding (Diluted Average)
=(10.696602726433*246.07488+1833.08*0.8)/78.358
=52.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Health Net  (NYSE:HNT) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Health Net's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=67.19/52.306455401038
=1.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Health Net Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Health Net's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Health Net (Health Net) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Health Net Inc was incorporated in the state of Delaware on 1990. The Company is an integrated managed care organization that delivers managed health care services. The Company's health plans and government contracts subsidiaries provide health benefits through its health maintenance organizations (HMOs), insured preferred provider organizations (PPOs) and point of service (POS). Its subsidiaries also offer managed health care products related to behavioral health and prescription drugs. The Company also owns health and life insurance companies licensed to sell exclusive provider organization (EPO), PPO, POS and indemnity products as well as auxiliary non-health products such as life and accidental death and dismemberment, dental, vision, behavioral health and disability insurance. These products are offered by its health and life insurance subsidiaries, which are licensed to sell insurance in approximately 49 states and the District of Columbia. It operates within three reportable segments: West Operations, Northeast Operations and Government Contracts. The Company's West Operations segment includes the operations of its commercial, Medicare and Medicaid health plans, the operations of its health and life insurance companies and its behavioral health and pharmaceutical services subsidiaries in Arizona, California and Oregon. The Company offers a full spectrum of managed health care products and services. It offers a range of Medicare products, including Medicare Advantage plans with and without prescription drug coverage, Medicare Part D stand-alone prescription drug plans ('PDP'), and Medicare supplement products that supplement traditional fee-for-service Medicare coverage. Its portfolio of Medicare Advantage plans focuses on simplicity so that members can sign up and use benefits with minimal paperwork and receive coverage that starts immediately upon enrollment. The Company provides ASO products to large employer groups in California. Its Government Contracts segment includes its TRICARE contract for the North Region and other health care-related government contracts that it administers for the U.S. Department of Defense (the 'Department of Defense') and the U.S. Department of Veterans Affairs. Certain components of these contracts are subcontracted to unrelated third parties. Its wholly-owned subsidiary, Health Net Federal Services, LLC ('HNFS'), administers a large managed care federal contract with the Department of Defense under the TRICARE program in the North Region. The Company maintains a network of qualified physicians, hospitals and other health care providers in each of the states in which it offers network based managed care products and services. It markets its products and services to individuals and employer groups through inside sales staff, independent brokers, agents and consultants and through the Internet. The Company operates in a highly competitive environment in an industry. Its health plans face subst
Executives
Mary Anne Citrino director 345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Craver Theodore F Jr director DUKE ENERGY CORPORATION, 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Kathleen Alyce Waters officer: SVP, Gen. Counsel & Secretary C/O DAVITA INC., 2000 16TH STREET, DENVER CO 80202
Jay M Gellert director, officer: President, CEO 6520 PLATT AVENUE, #695, WEST HILL CA 91307
Gale S Fitzgerald director 800 DELEWARE AVE, COMPUTER TASK GROUP INC, BUFFALO NY 14209
James Woys officer: EVP, CFO and COO 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Patrick Foley director C/O GLENBOROUGH REALTY TRUST, 400 SOUTH EL CAMINO REAL, SAN MATEO CA 94402
Steven H Nelson officer: President Health Net of the NE 21650 OXNARD STREET, WOODLAND HILLS CA 91367
Anthony S Piszel officer: EVP & Chief Financial Officer C/O PRUDENTIAL FINANCIAL INC, 751 BROAD ST 4TH FL, NEWARK NJ 07102
Maurice Hebert officer: Corporate Controller C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Richard W Hanselman director 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
J Thomas Bouchard director 5301 N IRONWOOD RD, MILWAUKEE WI 53217

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