Clover Health Investments, Corp. (CLOV) vs Humana Inc. (HUM)

Clover Health Investments, Corp. and Humana Inc. are both Healthcare Plans companies. Humana Inc. is the larger, with a market value of $45.7B against $2.5B — 18.4× the size. Clover Health Investments, Corp. has negative trailing earnings, so its P/E is not meaningful; Humana Inc. trades at 37.4×. Clover Health Investments, Corp. grew revenue faster over the last twelve months: 54.0% against 18.3%. Humana Inc. has the higher net margin (0.88% vs −0.74%) and the higher return on invested capital (17.5% vs −8.62%). Across the 20 metrics below, Humana Inc. leads on 14 and Clover Health Investments, Corp. on 6.

Valuation

Metric CLOV HUM Healthcare Plans median
P/E n/m 37.36 23.75
P/S 0.95 0.33 0.40
P/B 6.26 2.48 2.48
Price to free cash flow 31.72 24.23 11.15
EV/EBITDA n/m 10.94 10.94
EV/Sales 0.85 0.26 0.37
Earnings yield (1.11%) 2.68% 3.25%
Free cash flow yield 3.15% 4.13% 8.15%

Profitability

Metric CLOV HUM Healthcare Plans median
Gross margin 18.57% 13.65% 19.04%
Operating margin (0.74%) 1.86% 1.93%
Net margin (0.74%) 0.88% 1.04%
Free cash flow margin 3.00% 1.35% 3.18%
Return on equity (5.10%) 6.81% 12.48%
Return on assets (2.84%) 2.38% 2.98%
Return on invested capital (8.62%) 17.52% 2.04%

Growth

Metric CLOV HUM Healthcare Plans median
Revenue growth (TTM) 54.03% 18.33% 7.57%
EPS growth (last fiscal year) (70.00%) (1.40%) —
Revenue growth, 5-year CAGR 23.39% 10.94% 11.88%
Net income growth, 5-year CAGR 0.00% (18.81%) 0.00%

Health

Metric CLOV HUM Healthcare Plans median
Debt to equity 0.00 0.74 0.70
Current ratio 1.50 1.74 1.32
Net debt to EBITDA 1.40 (2.14) 0.05

Dividend

Metric CLOV HUM Healthcare Plans median
Dividend yield — 1.07% 1.53%
Payout ratio 0.00 0.12 0.00

Size

Metric CLOV HUM Healthcare Plans median
Market cap 2.48b 45.67b 20.34b

Compare with another peer

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