Clover Health Investments, Corp. (CLOV) vs Centene Corporation (CNC)

Clover Health Investments, Corp. and Centene Corporation are both Healthcare Plans companies. Centene Corporation is the larger, with a market value of $30.6B against $2.5B — 12.3× the size. Clover Health Investments, Corp. grew revenue faster over the last twelve months: 54.0% against 13.9%. Clover Health Investments, Corp. has the higher net margin (−0.74% vs −2.51%) and the higher return on invested capital (−8.62% vs −30.2%). Across the 19 metrics below, Clover Health Investments, Corp. leads on 12 and Centene Corporation on 7.

Valuation

Metric CLOV CNC Healthcare Plans median
P/E n/m n/m 23.75
P/S 0.95 0.15 0.40
P/B 6.26 1.35 2.48
Price to free cash flow 31.72 3.41 11.15
EV/EBITDA n/m n/m 10.94
EV/Sales 0.85 0.10 0.37
Earnings yield (1.11%) (16.82%) 3.25%
Free cash flow yield 3.15% 29.32% 8.15%

Profitability

Metric CLOV CNC Healthcare Plans median
Gross margin 18.57% 7.82% 19.04%
Operating margin (0.74%) (2.78%) 1.93%
Net margin (0.74%) (2.51%) 1.04%
Free cash flow margin 3.00% 4.41% 3.18%
Return on equity (5.10%) (20.35%) 12.48%
Return on assets (2.84%) (6.02%) 2.98%
Return on invested capital (8.62%) (30.17%) 2.04%

Growth

Metric CLOV CNC Healthcare Plans median
Revenue growth (TTM) 54.03% 13.89% 7.57%
EPS growth (last fiscal year) (70.00%) (314.42%) —
Revenue growth, 5-year CAGR 23.39% 11.88% 11.88%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLOV CNC Healthcare Plans median
Debt to equity 0.00 0.71 0.70
Current ratio 1.50 1.15 1.32
Net debt to EBITDA 1.40 0.46 0.05

Dividend

Metric CLOV CNC Healthcare Plans median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric CLOV CNC Healthcare Plans median
Market cap 2.48b 30.59b 20.34b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack