Centene Corp (CNC) Files 10-K for the Fiscal Year Ended on December 31, 2018

Centene Corp (CNC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Centene Corp offers healthcare plans to United States government sponsored healthcare programs. The company primarily focuses on uninsured individuals and helps them access care facilities, and social services through government subsidized programs. Centene Corp has a market cap of $26.57 billion; its shares were traded at around $64.41 with a P/E ratio of 27.63 and P/S ratio of 0.43. Centene Corp had annual average EBITDA growth of 21.80% over the past ten years. GuruFocus rated Centene Corp the business predictability rank of 3-star.

For the last quarter Centene Corp reported a revenue of $16.6 billion, compared with the revenue of $12.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $60.1 billion, an increase of 24.3% from last year. For the last five years Centene Corp had an average revenue growth rate of 42.3% a year.

The reported diluted earnings per share was $2.26 for the year, a decline of 3.6% from the previous year. Over the last five years Centene Corp had an EPS growth rate of 25.7% a year. The Centene Corp had an operating margin of 2.43%, compared with the operating margin of 2.48% a year before. The 10-year historical median operating margin of Centene Corp is 2.95%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Centene Corp has the cash and cash equivalents of $5.3 billion, compared with $4.1 billion in the previous year. The long term debt was $6.6 billion, compared with $4.7 billion in the previous year. The interest coverage to the debt is 4.3. Centene Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $64.41, Centene Corp is traded at 33.6% premium to its historical median P/S valuation band of $48.22. The P/S ratio of the stock is 0.43, while the historical median P/S ratio is 0.32. The intrinsic value of the stock is $66.33 a share, according to GuruFocus DCF Calculator. The stock gained 30.25% during the past 12 months.

For the complete 20-year historical financial data of CNC, click here.