XNYSMPLN
Market cap205mUSD
Jan 10, Last price
12.73USD
1D
2.91%
1Q
20.44%
IPO
-96.76%
Name
Multiplan Corp
Chart & Performance
Profile
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
Income | |||||||
Revenues | 961,524 -10.95% | 1,079,716 -3.39% | |||||
Cost of revenue | 791,478 | 370,935 | |||||
Unusual Expense (Income) | |||||||
NOPBT | 170,046 | 708,781 | |||||
NOPBT Margin | 17.69% | 65.65% | |||||
Operating Taxes | (15,363) | 12,169 | |||||
Tax Rate | 1.72% | ||||||
NOPAT | 185,409 | 696,612 | |||||
Net income | (91,697) -83.99% | (572,912) -661.24% | |||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (15,218) | (99,999) | |||||
BB yield | 0.04% | 0.34% | |||||
Debt | |||||||
Debt current | 22,834 | 19,613 | |||||
Long-term debt | 4,571,758 | 4,790,007 | |||||
Deferred revenue | |||||||
Other long-term liabilities | 17,275 | 2,470 | |||||
Net debt | 4,508,045 | 4,475,574 | |||||
Cash flow | |||||||
Cash from operating activities | 171,720 | 372,364 | |||||
CAPEX | (108,852) | (89,735) | |||||
Cash from investing activities | (249,792) | (104,446) | |||||
Cash from financing activities | (180,993) | (115,738) | |||||
FCF | 155,372 | 695,036 | |||||
Balance | |||||||
Cash | 71,547 | 334,046 | |||||
Long term investments | 15,000 | ||||||
Excess cash | 38,471 | 280,060 | |||||
Stockholders' equity | (511,018) | (347,733) | |||||
Invested Capital | 6,810,093 | 6,889,185 | |||||
ROIC | 2.71% | 9.79% | |||||
ROCE | 2.49% | 9.87% | |||||
EV | |||||||
Common stock shares outstanding | 645,135 | 638,926 | |||||
Price | 57.60 25.22% | 46.00 -74.04% | |||||
Market cap | 37,159,756 26.43% | 29,390,582 -74.54% | |||||
EV | 41,667,801 | 33,866,156 | |||||
EBITDA | 595,832 | 1,124,440 | |||||
EV/EBITDA | 69.93 | 30.12 | |||||
Interest | 333,208 | 303,401 | |||||
Interest/NOPBT | 195.95% | 42.81% |