Centene Corp
NYSE:CNC

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Centene Corp
NYSE:CNC
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Price: 60.83 USD 0.96% Market Closed
Market Cap: 30.7B USD
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Centene Corp
Other Long-Term Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Centene Corp
Other Long-Term Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Long-Term Assets CAGR 3Y CAGR 5Y CAGR 10Y
Centene Corp
NYSE:CNC
Other Long-Term Assets
$2.1B
CAGR 3-Years
23%
CAGR 5-Years
26%
CAGR 10-Years
32%
UnitedHealth Group Inc
NYSE:UNH
Other Long-Term Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Molina Healthcare Inc
NYSE:MOH
Other Long-Term Assets
$648m
CAGR 3-Years
21%
CAGR 5-Years
27%
CAGR 10-Years
4%
Humana Inc
NYSE:HUM
Other Long-Term Assets
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Healthequity Inc
NASDAQ:HQY
Other Long-Term Assets
$67.7m
CAGR 3-Years
15%
CAGR 5-Years
15%
CAGR 10-Years
N/A
Elevance Health Inc
NYSE:ELV
Other Long-Term Assets
$565m
CAGR 3-Years
N/A
CAGR 5-Years
4%
CAGR 10-Years
-12%
No Stocks Found

Centene Corp
Glance View

Market Cap
31B USD
Industry
Health Care
Economic Moat
None

Centene Corporation, a titan in the managed care industry, orchestrates its operations with a focus on government-sponsored healthcare programs. Founded in 1984, Centene swiftly carved its niche by administering Medicaid services, a vital safety net for low-income individuals and families in the United States. The company adeptly navigates the complexities of healthcare delivery by partnering with state governments to provide managed healthcare services, ensuring access to quality care while keeping costs in check. Centene's growth strategy hinges on its expansive network, tailored to meet diverse health needs, including those of the medically underserved. Through strategic acquisitions, such as the pivotal purchase of WellCare Health Plans, Centene has bolstered its market position, broadening its reach across all 50 states. Profiting primarily through capitation arrangements, Centene receives a fixed amount per member from the government in exchange for providing healthcare services. This model incentivizes efficiency and cost containment, as the company retains any cost savings generated. Beyond Medicaid, Centene has diversified its portfolio by delving into Medicare Advantage, Marketplace insurance plans, and international markets, thus ensuring resilience against fluctuations in any single segment. The company's revenue engine is fueled by its ability to strike a balance between quality healthcare delivery and disciplined fiscal management, driven by an insightful understanding of regional healthcare needs and regulatory landscapes. Through this model, Centene not only generates substantial revenue but also strives to positively impact health outcomes, exemplifying its commitment to a mission-driven approach in the ever-evolving healthcare ecosystem.

CNC Intrinsic Value
171.39 USD
Undervaluation 65%
Intrinsic Value
Price

See Also

What is Centene Corp's Other Long-Term Assets?
Other Long-Term Assets
2.1B USD

Based on the financial report for Sep 30, 2024, Centene Corp's Other Long-Term Assets amounts to 2.1B USD.

What is Centene Corp's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 10Y
32%

Over the last year, the Other Long-Term Assets growth was 40%. The average annual Other Long-Term Assets growth rates for Centene Corp have been 23% over the past three years , 26% over the past five years , and 32% over the past ten years .

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