CNC vs. SNN: Centene vs. Smith & Nephew Stock Comparison
How do Centene (CNC) and Smith & Nephew (SNN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Centene (CNC) and Smith & Nephew (SNN) both fall under the Health Care Equipment & Services industry group, but CNC is classified in Health Care Providers & Services while SNN is classified in Health Care Equipment & Supplies.
Centene (CNC) trades as ordinary local shares, while Smith & Nephew (SNN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CNC | SNN |
|---|---|---|
| Name | Centene Corp. | Smith & Nephew plc Sponsored ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Managed Health Care | Health Care Equipment |
| Market Capitalization | 34.53 billion USD | 13.04 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 13, 2001 | November 16, 1999 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNC | SNN |
|---|---|---|
| Total Return (1Y) | 84.77% | -4.20% |
| Total Return (3Y, Annualized) | -0.97% | 11.34% |
| Total Return (5Y, Annualized) | -1.48% | -0.34% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNC | SNN |
|---|---|---|
| Volatility (1Y, Annualized) | 46.34% | 27.31% |
| Beta (5Y) | 1.07 | 0.49 |
| Max Drawdown (5Y) | -74.07% | -38.80% |
| Avg. Volume (3M) | 4.63M | 1.49M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNC | SNN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.74 | -0.31 |
| Sortino Ratio (1Y) | 2.71 | -0.46 |
Profitability
ROE (TTM)
Both Centene (CNC) at 6.74% and Smith & Nephew (SNN) at 11.85% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CNC
Health Care Equipment & Services industry group
6.74%
- Max
- 47.61%
- Q3
- 14.36%
- CNC
- 6.74%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
SNN
Health Care Equipment & Services industry group
11.85%
- Max
- 47.61%
- Q3
- 14.36%
- SNN
- 11.85%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Smith & Nephew (SNN) at 10.08% retains a top-quartile share of revenue as profit, ahead of Centene (CNC) at 0.81%, which keeps about the industry-typical share.
CNC
Health Care Equipment & Services industry group
0.81%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- CNC
- 0.81%
- Q1
- -6.29%
- Min
- -28.46%
SNN
Health Care Equipment & Services industry group
10.08%
- Max
- 29.35%
- SNN
- 10.08%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Smith & Nephew (SNN) at 14.47% operates in the top operating margin quartile, ahead of Centene (CNC) at 0.74%, which runs around its industry’s norm.
CNC
Health Care Equipment & Services industry group
0.74%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- CNC
- 0.74%
- Q1
- -0.28%
- Min
- -16.29%
SNN
Health Care Equipment & Services industry group
14.47%
- Max
- 35.43%
- SNN
- 14.47%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | CNC | SNN |
|---|---|---|
| ROE (TTM) | 6.74% | 11.85% |
| ROA (TTM) | 2.68% | 5.16% |
| Net Margin (TTM) | 0.81% | 10.08% |
| Operating Margin (TTM) | 0.74% | 14.47% |
| Gross Margin (TTM) | 11.34% | 68.44% |
Growth
Revenue Growth
Both Centene (CNC) at 19.44% and Smith & Nephew (SNN) at 6.09% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Smith & Nephew (SNN) at 52.34% sits in the top EPS growth quartile, while Centene (CNC) at -314.42% falls below its industry range — a large difference in per-share earnings trajectories.
Growth Metrics
| Metric | CNC | SNN |
|---|---|---|
| Revenue Growth (YoY) | 19.44% | 6.09% |
| Revenue Growth (3Y CAGR) | 10.45% | 5.73% |
| EPS Growth (YoY) | -314.42% | 52.34% |
| EPS Growth (3Y CAGR) | -- | 42.01% |
Financial Strength
Current Ratio (MRQ)
Smith & Nephew (SNN) at 2.14 keeps current ratio within its industry’s typical mid-range, while Centene (CNC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CNC.
CNC
Health Care Equipment & Services industry group
1.16
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- CNC
- 1.16
- Min
- 0.30
SNN
Health Care Equipment & Services industry group
2.14
- Max
- 7.59
- Q3
- 4.00
- SNN
- 2.14
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both Centene (CNC) at 0.70 and Smith & Nephew (SNN) at 0.73 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CNC
Health Care Equipment & Services industry group
0.70
- Max
- 1.88
- Q3
- 0.91
- CNC
- 0.70
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
SNN
Health Care Equipment & Services industry group
0.73
- Max
- 1.88
- Q3
- 0.91
- SNN
- 0.73
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | CNC | SNN |
|---|---|---|
| Current Ratio (MRQ) | 1.16 | 2.14 |
| Debt / Equity (MRQ) | 0.70 | 0.73 |
| Net Debt / EBITDA | -1.71 | 2.19 |
Dividends
Dividend Yield (TTM)
Centene (CNC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Smith & Nephew (SNN) reports a yield of 1.24%, ranking against industry peers normally.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNN
Health Care Equipment & Services industry group
1.24%
- SNN
- 1.24%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Centene (CNC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Smith & Nephew (SNN) reports a payout of 53.20%, ranking against industry peers normally.
CNC
Health Care Equipment & Services industry group
0.00%
- CNC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SNN
Health Care Equipment & Services industry group
53.20%
- SNN
- 53.20%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNC | SNN |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.24% |
| Dividend Payout Ratio (TTM) | 0.00% | 53.20% |
Valuation
P/E Ratio (TTM)
Both Centene (CNC) at 23.97 and Smith & Nephew (SNN) at 21.19 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CNC
Health Care Equipment & Services industry group
23.97
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- CNC
- 23.97
- Q1
- 21.19
- Min
- 4.21
SNN
Health Care Equipment & Services industry group
21.19
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- SNN
- 21.19
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Centene (CNC) at 0.19 sits in the cheaper P/S ratio quartile while Smith & Nephew (SNN) at 2.07 prices around its industry’s middle — CNC costs less per dollar of sales, though read it alongside growth and margins.
CNC
Health Care Equipment & Services industry group
0.19
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- CNC
- 0.19
- Min
- 0.03
SNN
Health Care Equipment & Services industry group
2.07
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- SNN
- 2.07
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Centene (CNC) at 1.55 sits in the lower P/B ratio quartile relative to book while Smith & Nephew (SNN) at 12.80 prices above its industry range — a wide valuation gap against assets.
CNC
Health Care Equipment & Services industry group
1.55
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- CNC
- 1.55
- Min
- -1.31
SNN
Health Care Equipment & Services industry group
12.80
- SNN
- 12.80
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | CNC | SNN |
|---|---|---|
| P/E Ratio (TTM) | 23.97 | 21.19 |
| P/S Ratio (TTM) | 0.19 | 2.07 |
| P/B Ratio (MRQ) | 1.55 | 12.80 |
| Free Cash Flow Yield (TTM) | 8.93% | 8.12% |