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Cencora Inc COR

Morningstar Rating
$232.23 +2.09 (0.91%)
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Company Report

Cencora Sees Margin Improvement From Favorable Mix and Drug Pricing Trend

Cencora is one of three leading domestic wholesalers of branded, generic, and specialty pharmaceutical products. With over $200 billion in annual US healthcare distribution sales, the company supplies roughly one third of the domestic drug distribution market. Its two close competitors are Cardinal Health and McKesson. Together, the three operate as a pharmaceutical wholesale and distribution oligopoly, supplying over 90% of the US market.

Price vs Fair Value

COR is trading within a range we consider fairly valued.
Price
$230.14
Fair Value
$941.00
Uncertainty
Medium
1-Star Price
$844.40
5-Star Price
$511.50
Economic Moat
Rndhvz
Capital Allocation
Gksfghp

Bulls Say, Bears Say

Bulls

Cencora distributes pharmaceutical products to nearly one third of the industry, leading to substantial negotiation leverage with generic drug manufacturers.

Bears

Reimbursement pressures on pharmacy and provider customers have led to an emphasis on cost containment, pressuring Cencora's profitability.

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News

Trading Information

Previous Close Price
$230.14
Day Range
$227.56–232.62
52-Week Range
$171.65–246.75
Bid/Ask
$205.00 / $232.80
Market Cap
$45.73 Bil
Volume/Avg
863,716 / 1.3 Mil

Key Statistics

Price/Earnings (Normalized)
17.90
Price/Sales
0.17
Dividend Yield (Trailing)
0.87%
Dividend Yield (Forward)
0.88%
Total Yield
2.63%

Company Profile

Cencora is one of three domestic leading pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health constitute over 90% of the us pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.
Sector
Healthcare
Industry
Medical Distribution
Stock Style Box
Mid Core
Total Number of Employees
46,000

Competitors

Valuation

Metric
COR
MCK
CAH
Price/Earnings (Normalized)
17.9021.5613.79
Price/Book Value
42.36——
Price/Sales
0.170.260.11
Price/Cash Flow
14.2918.1110.23
Price/Earnings
COR
MCK
CAH

Financial Strength

Metric
COR
MCK
CAH
Quick Ratio
0.500.500.43
Current Ratio
0.890.920.98
Interest Coverage
9.1015.5718.37
Quick Ratio
COR
MCK
CAH

Profitability

Metric
COR
MCK
CAH
Return on Assets (Normalized)
4.19%5.63%4.01%
Return on Equity (Normalized)
373.63%——
Return on Invested Capital (Normalized)
47.73%64.13%97.71%
Return on Assets
COR
MCK
CAH
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Medical Distribution Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
McKesson Corp
MCK
CmnphtrtwRrsthq$76.9 Bil
Cardinal Health Inc
CAH
YcjplwfmYbwrmb$24.1 Bil
Shanghai Pharmaceuticals Holding Co Ltd Class H
SHPMF
—Ygbnsfx$8.7 Bil
Shanghai Pharmaceuticals Holding Co Ltd ADR repr Class H
SHPMY
—Xlkpqg$8.7 Bil
Sinopharm Group Co Ltd ADR
SHTDY
—Cnkkmrk$8.7 Bil
Sinopharm Group Co Ltd
SHTDF
—Trwdxnh$8.7 Bil
Amplifon SpA Az nom Post Frazionamento
AMFPF
—Xnwsn$8.4 Bil
Medipal Holdings Corp ADR
MAHLY
—Qbqf$3.1 Bil
Medipal Holdings Corp
MEPDF
—Qrvqd$3.1 Bil

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