Centene Corporation (CNC) vs Molina Healthcare, Inc (MOH)

Centene Corporation and Molina Healthcare, Inc are both Healthcare Plans companies. Centene Corporation is the larger, with a market value of $30.6B against $10.1B — 3.0× the size. Centene Corporation grew revenue faster over the last twelve months: 13.9% against 2.55%. Molina Healthcare, Inc has the higher net margin (−0.02% vs −2.51%) and the higher return on invested capital (0.00% vs −30.2%). Across the 20 metrics below, Molina Healthcare, Inc leads on 11 and Centene Corporation on 9.

Valuation

Metric CNC MOH Healthcare Plans median
P/E n/m n/m 23.75
P/S 0.15 0.22 0.40
P/B 1.35 2.34 2.48
Price to free cash flow 3.41 35.99 11.15
EV/EBITDA n/m 12.98 10.94
EV/Sales 0.10 0.11 0.37
Earnings yield (16.82%) (0.09%) 3.25%
Free cash flow yield 29.32% 2.78% 8.15%

Profitability

Metric CNC MOH Healthcare Plans median
Gross margin 7.82% 12.65% 19.04%
Operating margin (2.78%) 0.46% 1.93%
Net margin (2.51%) (0.02%) 1.04%
Free cash flow margin 4.41% 0.61% 3.18%
Return on equity (20.35%) (0.16%) 12.48%
Return on assets (6.02%) (0.04%) 2.98%
Return on invested capital (30.17%) 0.00% 2.04%

Growth

Metric CNC MOH Healthcare Plans median
Revenue growth (TTM) 13.89% 2.55% 7.57%
EPS growth (last fiscal year) (314.42%) (56.32%) —
Revenue growth, 5-year CAGR 11.88% 18.52% 11.88%
Net income growth, 5-year CAGR 0.00% (6.85%) 0.00%

Health

Metric CNC MOH Healthcare Plans median
Debt to equity 0.71 0.95 0.70
Current ratio 1.15 1.68 1.32
Net debt to EBITDA 0.46 (4.41) 0.05

Dividend

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

Size

Metric CNC MOH Healthcare Plans median
Market cap 30.59b 10.09b 20.34b

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