XNASCRVL
Market cap5.63bUSD
Jan 08, Last price
109.54USD
1D
0.71%
1Q
-64.32%
Jan 2017
199.29%
Name
CorVel Corp
Chart & Performance
Profile
CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | 2018‑03 | 2017‑03 | 2016‑03 | 2015‑03 | |
Income | ||||||||||
Revenues | 795,311 10.68% | 718,562 11.19% | 646,230 16.93% | |||||||
Cost of revenue | 700,210 | 634,008 | 561,718 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 95,101 | 84,554 | 84,512 | |||||||
NOPBT Margin | 11.96% | 11.77% | 13.08% | |||||||
Operating Taxes | 18,849 | 18,189 | 18,102 | |||||||
Tax Rate | 19.82% | 21.51% | 21.42% | |||||||
NOPAT | 76,252 | 66,365 | 66,410 | |||||||
Net income | 76,252 14.90% | 66,365 -0.07% | 66,410 43.26% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (45,710) | (82,143) | (79,615) | |||||||
BB yield | 1.00% | 2.45% | 2.61% | |||||||
Debt | ||||||||||
Debt current | 8,864 | 9,900 | 13,348 | |||||||
Long-term debt | 53,930 | 47,720 | 59,584 | |||||||
Deferred revenue | (1,689,000) | |||||||||
Other long-term liabilities | (21,591) | 1,689,000 | ||||||||
Net debt | (42,769) | (13,709) | (24,572) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 99,237 | 82,288 | 67,222 | |||||||
CAPEX | (29,240) | (26,320) | (29,819) | |||||||
Cash from investing activities | (29,240) | (26,320) | (29,819) | |||||||
Cash from financing activities | (35,763) | (82,143) | (79,615) | |||||||
FCF | 69,993 | 62,176 | 61,597 | |||||||
Balance | ||||||||||
Cash | 105,563 | 71,329 | 97,504 | |||||||
Long term investments | ||||||||||
Excess cash | 65,797 | 35,401 | 65,192 | |||||||
Stockholders' equity | 807,923 | 734,668 | 665,306 | |||||||
Invested Capital | 213,247 | 178,693 | 189,992 | |||||||
ROIC | 38.91% | 36.00% | 45.01% | |||||||
ROCE | 34.08% | 35.88% | 32.90% | |||||||
EV | ||||||||||
Common stock shares outstanding | 17,347 | 17,592 | 18,127 | |||||||
Price | 262.96 38.20% | 190.28 12.97% | 168.44 64.19% | |||||||
Market cap | 4,561,567 36.27% | 3,347,406 9.63% | 3,053,312 63.84% | |||||||
EV | 4,518,798 | 3,333,697 | 3,028,740 | |||||||
EBITDA | 121,353 | 109,675 | 108,428 | |||||||
EV/EBITDA | 37.24 | 30.40 | 27.93 | |||||||
Interest | 25,121 | 23,916 | ||||||||
Interest/NOPBT | 29.71% | 28.30% |