CNC

NYSE

CENTENE CORP

Health Care, Managed Health Care

$65.77

close 7 Aug 2026

+160.48%

52-week change

$32.49B

market cap

$25.23

$69.36

52-week range

Expected price

$62.16 – $75.97

Current price

$65.77

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)-6.35x

P/S (TTM)0.16x

P/B1.44x

EV/EBITDA (TTM)—

FCF yield (TTM)27.55%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average22.54x

P/E, sector median29.65x*

Price at 5-year median P/E—*

Forward — analyst consensus

Forward P/E (FY2026)13.46x*

Forward P/E (FY2027)12.54x

Forward PEG1.82*

Consensus EPS FY2026 (19 analysts)$4.89

EPS growth (FY2026→FY2027)7.38%

Revenue growth (FY2026)0.58%

Street view

Price target (mean)$71.67*

Target upside8.97%

Ratings (buy / hold / sell)8 / 12 / 1

FY2026 EPS revisions, 30d (up / down)1 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Jun 2026, filed 28 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR -1.39%10Y CAGR +23.87%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$65.77

Cash & equivalents$24.15B

Total debt$16.11B

Shares outstanding493.99M

Result

DCF price per share$265.93

Current price$65.77

Margin of safety+304.34%

PV of years 1–10$56.15B

PV of terminal value$67.17B

Equity value$131.37B

Market-implied growth-24.80%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$8.83B	$8.70B	$8.58B	$8.46B	$8.35B	$8.23B	$8.12B	$8.00B	$7.89B	$7.78B	$145.02B
PV	$8.17B	$7.46B	$6.81B	$6.22B	$5.68B	$5.19B	$4.74B	$4.32B	$3.95B	$3.60B	$67.17B

period to 30 Jun 2026, filed 28 Jul 2026, close 7 Aug 2026