Centene (MEX:CNC) Cyclically Adjusted FCF per Share: MXN139.49 (As of Jun. 2026)

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MEX:CNC Centene Corp MEX:CNC
72 GF Score
Price MXN1,059.59
GF Value MXN1,363.53
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Centene Cyclically Adjusted FCF per Share?

Centene MEX:CNC 72 Cyclically Adjusted FCF per Share is MXN139.49 as of Jun. 2026. GuruFocus rates MEX:CNC with a GF Score™ of 72/100 and a GF Value™ of MXN1,363.53 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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 Jun. 2026 was MXN119.778. 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 MXN139.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Centene's average Cyclically Adjusted FCF Growth Rate was 33.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% 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 18.60% per year.

As of today (2026-08-01), Centene's current stock price is MXN1059.59. Centene's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN139.49. Centene's Cyclically Adjusted Price-to-FCF of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Centene was 31.41. The lowest was 4.20. And the median was 19.17.


Centene  (MEX: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
=1059.59/139.49
=7.60

* 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 31.41. The lowest was 4.20. And the median was 19.17.


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


Centene Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

Centene Cyclically Adjusted FCF per Share Chart

Centene Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.02 92.99 105.63 113.81 114.24

Centene Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 115.98 116.22 114.24 131.33 139.49

MEX:CNC vs HUM, MOH, OSCR: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


MEX:CNC
72GF Score
Centene Corp MEX:CNC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=119.778/333.9520*333.9520
=119.778

Current CPI (Jun. 2026) = 333.9520.

Centene Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 20.107 241.428 27.813
201612 87.815 241.432 121.467
201703 62.376 243.801 85.441
201706 -20.697 244.955 -28.217
201709 -1.180 246.819 -1.597
201712 18.194 246.524 24.646
201803 83.226 249.554 111.373
201806 -33.004 251.989 -43.739
201809 18.792 252.439 24.860
201812 -38.314 251.233 -50.929
201903 52.683 254.202 69.211
201906 34.649 256.143 45.174
201909 -13.774 256.759 -17.915
201912 -37.985 256.974 -49.364
202003 -17.711 258.115 -22.915
202006 136.686 257.797 177.064
202009 -45.199 260.280 -57.993
202012 93.664 260.474 120.086
202103 -4.995 264.877 -6.298
202106 49.013 271.696 60.244
202109 54.894 274.310 66.829
202112 14.806 278.802 17.735
202203 30.642 287.504 35.592
202206 105.891 296.311 119.343
202209 106.879 296.808 120.254
202212 -62.212 296.797 -70.000
202303 131.613 301.836 145.617
202306 72.618 305.109 79.483
202309 28.481 307.789 30.902
202312 -0.189 306.746 -0.206
202403 -18.723 312.332 -20.019
202406 68.654 314.175 72.976
202409 -42.537 315.301 -45.053
202412 -30.771 315.605 -32.560
202503 56.466 319.799 58.965
202506 60.164 322.561 62.289
202509 42.766 324.800 43.971
202512 8.206 324.054 8.457
202603 151.585 330.213 153.301
202606 119.778 333.952 119.778

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

What does a Cyclically Adjusted FCF per Share of MXN139.49 mean?
Centene (MEX:CNC) has a Cyclically Adjusted FCF per Share of MXN139.49 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Centene and its competitors.
Is Centene's Cyclically Adjusted FCF per Share too high?
Centene's current Cyclically Adjusted FCF per Share is MXN139.49. Overall, Centene has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Centene's Cyclically Adjusted FCF per Share compare to HUM and MOH?
Centene's Cyclically Adjusted FCF per Share of MXN139.49 can be compared against companies in the Healthcare Plans industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Healthcare Plans company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Plans industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Centene and its competitors. Centene's current Cyclically Adjusted FCF per Share is MXN139.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centene stock overvalued right now?
Based on GuruFocus' analysis, Centene (MEX:CNC) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,363.53, compared to a current price of MXN1,059.59 — trading 22.3% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN139.49. Centene's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Centene (MEX:CNC), the current Cyclically Adjusted FCF per Share is MXN139.49 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centene (MEX:CNC) Overvalued in 2026?

Based on GuruFocus' analysis, Centene stock appears to be undervalued. The current stock price of MXN1,059.59 is trading 22.3% below its estimated GF Value™ of MXN1,363.53. GuruFocus considers Centene to be Modestly Undervalued.

Key valuation signals for MEX:CNC:

  • Cyclically Adjusted FCF per Share: MXN139.49
  • GF Value™: MXN1,363.53 vs. price of MXN1,059.59 (22.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the MEX:CNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centene Business Description

Address 7700 Forsyth Boulevard, St. Louis, MO, USA, 63105
Centene is a managed care organization that focuses on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 20 million medical members as of December 2025, mostly in Medicaid (about 64% of membership), the individual exchanges (about 28%), and Medicare (about 5%). The company also provides Medicare Part D pharmaceutical plans.
72GF Score

Get the complete analysis for MEX:CNC

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,059.59
Price
MXN1,363.53
GF Value