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CNC (Centene) Cyclically Adjusted FCF per Share : $5.56 (As of Dec. 2024)


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What is Centene Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Centene's adjusted free cash flow per share for the three months ended in Dec. 2024 was $-1.475. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.56 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Centene's average Cyclically Adjusted FCF Growth Rate was -8.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Centene was 30.00% per year. The lowest was 8.50% per year. And the median was 20.00% per year.

As of today (2025-04-01), Centene's current stock price is $60.71. Centene's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $5.56. Centene's Cyclically Adjusted Price-to-FCF of today is 10.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Centene was 32.67. The lowest was 9.64. And the median was 20.74.


Centene Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Centene's Cyclically Adjusted FCF per Share 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.

Centene Cyclically Adjusted FCF per Share Chart

Centene Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 3.77 4.80 6.10 5.56

Centene Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted FCF per Share 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 6.10 5.97 6.31 5.89 5.56

Competitive Comparison of Centene's Cyclically Adjusted FCF per Share

For the Healthcare Plans subindustry, Centene's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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.


Centene's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Centene's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Centene's Cyclically Adjusted Price-to-FCF falls into.


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Centene Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Centene's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-1.475/133.1571*133.1571
=-1.475

Current CPI (Dec. 2024) = 133.1571.

Centene Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.073 99.621 0.098
201506 1.297 100.684 1.715
201509 0.077 100.392 0.102
201512 0.615 99.792 0.821
201603 0.601 100.470 0.797
201606 -1.338 101.688 -1.752
201609 1.040 101.861 1.360
201612 4.259 101.863 5.567
201703 3.313 102.862 4.289
201706 -1.145 103.349 -1.475
201709 -0.065 104.136 -0.083
201712 0.926 104.011 1.185
201803 4.581 105.290 5.793
201806 -1.680 106.317 -2.104
201809 1.005 106.507 1.256
201812 -1.951 105.998 -2.451
201903 2.716 107.251 3.372
201906 1.804 108.070 2.223
201909 -0.698 108.329 -0.858
201912 -2.014 108.420 -2.474
202003 -0.755 108.902 -0.923
202006 5.922 108.767 7.250
202009 -2.046 109.815 -2.481
202012 4.709 109.897 5.706
202103 -0.244 111.754 -0.291
202106 2.462 114.631 2.860
202109 2.670 115.734 3.072
202112 0.722 117.630 0.817
202203 1.539 121.301 1.689
202206 5.263 125.017 5.606
202209 5.313 125.227 5.649
202212 -3.191 125.222 -3.393
202303 7.302 127.348 7.635
202306 4.236 128.729 4.382
202309 1.635 129.860 1.677
202312 -0.011 129.419 -0.011
202403 -1.128 131.776 -1.140
202406 3.747 132.554 3.764
202409 -2.160 133.029 -2.162
202412 -1.475 133.157 -1.475

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Centene  (NYSE:CNC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Centene's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.71/5.56
=10.92

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Centene was 32.67. The lowest was 9.64. And the median was 20.74.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Centene Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Centene's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Centene Business Description

Industry
Address
7700 Forsyth Boulevard, St. Louis, MO, USA, 63105
Centene is a managed care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of September, mostly in Medicaid (about 60% of membership), the individual exchanges (about 20%), and Medicare Advantage (about 5%). The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program and has a military contract.
Executives
Christopher J Coughlin director
Jessica L. Blume director P.O. BOX 407, LAKELAND FL 33802
H James Dallas director 127 PUBLIC SQUARE, CLEVELAND OH 44114
Samuels Theodore R. Ii director 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Andrew Lynn Asher officer: EVP, CFO 8735 HENDERSON ROAD, TAMPA FL 33634
Sarah London officer: SVP, Technology & Innovation 7700 FORSYTH BOULEVARD, ST. LOUIS MO 63105
Kenneth J Fasola officer: EVP, Health Care Enterprises 500 WEST MAIN STREET, LOUISVILLE KY 40202
Lori Jean Robinson director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
James E Murray officer: EVP, Chief Transform. Officer 500 WEST MAIN STREET, LOUISVILLE KY 40202
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Shannon Bagley officer: EVP, Chief Admin. Officer 7700 FORSYTH BOULEVARD, CLAYTON MO 63105
Richard A Gephardt director 822 CAPITOL SQUARE PLACE, SW, WASHINGTON DC 20024
Mark J Brooks officer: SVP, Chief Information Officer 7700 FORSYTH BOULEVARD, ST. LOUIS MO 63105
Leslie V Norwalk director C/O 3661 VALLEY CENTRE DRIVE SUITE 200, SAN DIEGO CA 92130
David P Thomas officer: EVP, MARKETS 7700 FORSYTH BOULEVARD, ST. LOUIS MO 63105