WellCare Health Plans (WellCare Health Plans) GF Value Rank : 0 (As of May. 06, 2024)

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What is WellCare Health Plans GF Value Rank?

WellCare Health Plans has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

WellCare Health Plans GF Value Rank Related Terms

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WellCare Health Plans (WellCare Health Plans) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » WellCare Health Plans Inc (NYSE:WCG) » Definitions » GF Value Rank

Comparable Companies

BSP:GNDI3 MOH BSP:QUAL3 SZSE:000503 BSP:ODPV3 MGLN HIIQ GTS ROCO:6665 MIL:HI OSTO:FEEL PFHO TSXV:NXG CNC HUM ANTM CI CVS UNH

Traded in Other Exchanges

N/A

Address

8735 Henderson Road, Renaissance One, Tampa, FL, USA, 33634

Website

http://www.wellcare.com

WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.

Executives

William L Trubeck	director	ONE H&R BLOCK WAY, KANSAS CITY MO 64105
H James Dallas	director	127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth A Burdick	director, officer: Chief Executive Officer	6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Anat Hakim	officer: EVP, General Counsel/Secretary	LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Paul E Weaver	director	C/O GATEWAY, INC., 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Steele Glenn Jr Md Phd	director	250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
Carol Burt	director	C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, TAMPA FL 33634
Roel C Campos	director	509 WEST BUTLER ROAD, GREENVILLE SC 29607
Maurice Hebert	officer: Chief Accounting Officer	C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
David J Gallitano	director	3552 CHURCH ROAD, ELLICOTT CITY MD 21043
Thomas L Tran	officer: Chief Financial Officer	8735 HENDERSON ROAD, TAMPA FL 33625
Lisa G Iglesias	officer: SVP, General Counsel	1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
Lucinda M. Baily	officer: Chief Compliance Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Walter W. Cooper	officer: Chief Administrative Officer	8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Charles Berg	other: Former Director	48 MONROE TURNPIKE, TRUMBULL CT 06611