CNB FINANCIAL CORP/PA (CCNE) Stock Fundamental Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
24.33 USD
-0.65 (-2.6%)
24.33 USD
0 (0%)
Overall CCNE gets a fundamental rating of 4 out of 10. We evaluated CCNE against 388 industry peers in the Banks industry. Both the profitability and financial health of CCNE have multiple concerns. CCNE is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
CCNE had positive earnings in the past year.
CCNE had a positive operating cash flow in the past year.
CCNE had positive earnings in each of the past 5 years.
In the past 5 years CCNE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CCNE (0.52%) is worse than 75.52% of its industry peers.
CCNE has a Return On Equity of 5.08%. This is in the lower half of the industry: CCNE underperforms 76.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 5.08% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.89%
ROE(3y)9.53%
ROE(5y)9.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 16.82%, CCNE is not doing good in the industry: 71.91% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of CCNE has declined.
The Operating Margin and Gross Margin are not available for CCNE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 16.82% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.19%
PM growth 5Y-4.73%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CCNE does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CCNE has more shares outstanding
CCNE has more shares outstanding than it did 5 years ago.
CCNE has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CCNE is 5.92, which is a neutral value as it means it would take CCNE, 5.92 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 5.92, CCNE is not doing good in the industry: 72.42% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.36 indicates that CCNE is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.36, CCNE is doing worse than 71.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.92 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC20.69%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.53% over the past year.
The Earnings Per Share has been decreasing by -1.98% on average over the past years.
Looking at the last year, CCNE shows a quite strong growth in Revenue. The Revenue has grown by 13.90% in the last year.
Measured over the past years, CCNE shows a quite strong growth in Revenue. The Revenue has been growing by 9.77% on average per year.
EPS 1Y (TTM)14.53%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%34.43%
Revenue 1Y (TTM)13.9%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%41.37%
3.2 Future
The Earnings Per Share is expected to grow by 22.21% on average over the next years. This is a very strong growth
CCNE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.07% yearly.
EPS Next Y19.64%
EPS Next 2Y23.53%
EPS Next 3Y22.21%
EPS Next 5YN/A
Revenue Next Year28.94%
Revenue Next 2Y28.31%
Revenue Next 3Y21.07%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.08, the valuation of CCNE can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CCNE indicates a rather cheap valuation: CCNE is cheaper than 82.22% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.56, CCNE is valued rather cheaply.
The Price/Forward Earnings ratio is 6.70, which indicates a rather cheap valuation of CCNE.
CCNE's Price/Forward Earnings ratio is rather cheap when compared to the industry. CCNE is cheaper than 91.75% of the companies in the same industry.
CCNE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.62.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 6.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCNE indicates a slightly more expensive valuation: CCNE is more expensive than 60.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.92 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CCNE's earnings are expected to grow with 22.21% in the coming years.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y23.53%
EPS Next 3Y22.21%
5. Dividend
5.1 Amount
CCNE has a Yearly Dividend Yield of 2.88%.
CCNE's Dividend Yield is comparable with the industry average which is at 3.39.
CCNE's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
The dividend of CCNE is nicely growing with an annual growth rate of 6.12%!
CCNE has been paying a dividend for at least 10 years, so it has a reliable track record.
CCNE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.12%
Div Incr Years1
Div Non Decr Years30
5.3 Sustainability
CCNE pays out 48.85% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CCNE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.85%
EPS Next 2Y23.53%
EPS Next 3Y22.21%
24.33
-0.65 (-2.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.77%
Inst Owner Change32.97%
Ins Owners2.39%
Ins Owner Change0.73%
Market Cap717.25M
Revenue(TTM)255.20M
Net Income(TTM)42.92M
Analysts84.44
Price Target28.22 (15.99%)
Short Float %1.04%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend0.92
Dividend Growth(5Y)6.12%
DP48.85%
Div Incr Years1
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.98%
Min EPS beat(2)3.57%
Max EPS beat(2)10.38%
EPS beat(4)3
Avg EPS beat(4)5.09%
Min EPS beat(4)-4.09%
Max EPS beat(4)10.51%
EPS beat(8)7
Avg EPS beat(8)6.67%
EPS beat(12)8
Avg EPS beat(12)3.58%
EPS beat(16)10
Avg EPS beat(16)2.85%
Revenue beat(2)0
Avg Revenue beat(2)-8.03%
Min Revenue beat(2)-12.31%
Max Revenue beat(2)-3.75%
Revenue beat(4)0
Avg Revenue beat(4)-5.53%
Min Revenue beat(4)-12.31%
Max Revenue beat(4)-1.97%
Revenue beat(8)1
Avg Revenue beat(8)-3.3%
Revenue beat(12)4
Avg Revenue beat(12)4.83%
Revenue beat(16)8
Avg Revenue beat(16)7.73%
PT rev (1m)-1.19%
PT rev (3m)-1.19%
EPS NQ rev (1m)-1.02%
EPS NQ rev (3m)-1.02%
EPS NY rev (1m)1.41%
EPS NY rev (3m)7.38%
Revenue NQ rev (1m)-9.9%
Revenue NQ rev (3m)-5.61%
Revenue NY rev (1m)-3.26%
Revenue NY rev (3m)-4.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.08 | ||
| Fwd PE | 6.7 | ||
| P/S | 2.81 | ||
| P/FCF | 13.92 | ||
| P/OCF | 11.74 | ||
| P/B | 0.85 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.68
EY11.02%
EPS(NY)3.63
Fwd EY14.93%
FCF(TTM)1.75
FCFY7.18%
OCF(TTM)2.07
OCFY8.52%
SpS8.66
BVpS28.64
TBVpS24.19
PEG (NY)0.46
PEG (5Y)N/A
Graham Number41.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.52% | ||
| ROE | 5.08% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 16.82% | ||
| GM | N/A | ||
| FCFM | 20.19% |
ROA(3y)0.94%
ROA(5y)0.89%
ROE(3y)9.53%
ROE(5y)9.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.19%
PM growth 5Y-4.73%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 5.92 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 101.04% | ||
| Cap/Sales | 3.76% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 120.05% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC20.69%
ROIC/WACCN/A
Cap/Depr(3y)175.26%
Cap/Depr(5y)144.48%
Cap/Sales(3y)5.86%
Cap/Sales(5y)4.88%
Profit Quality(3y)88.78%
Profit Quality(5y)87.66%
High Growth Momentum
Growth
EPS 1Y (TTM)14.53%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%34.43%
EPS Next Y19.64%
EPS Next 2Y23.53%
EPS Next 3Y22.21%
EPS Next 5YN/A
Revenue 1Y (TTM)13.9%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%41.37%
Revenue Next Year28.94%
Revenue Next 2Y28.31%
Revenue Next 3Y21.07%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y22.71%
FCF growth 3Y1.74%
FCF growth 5Y5.14%
OCF growth 1Y10.97%
OCF growth 3Y6.67%
OCF growth 5Y6.56%
CNB FINANCIAL CORP/PA / CCNE FAQ
What is the fundamental rating for CCNE stock?
ChartMill assigns a fundamental rating of 4 / 10 to CCNE.
What is the valuation status for CCNE stock?
ChartMill assigns a valuation rating of 6 / 10 to CNB FINANCIAL CORP/PA (CCNE). This can be considered as Fairly Valued.
How profitable is CNB FINANCIAL CORP/PA (CCNE) stock?
CNB FINANCIAL CORP/PA (CCNE) has a profitability rating of 2 / 10.
What are the PE and PB ratios of CNB FINANCIAL CORP/PA (CCNE) stock?
The Price/Earnings (PE) ratio for CNB FINANCIAL CORP/PA (CCNE) is 9.08 and the Price/Book (PB) ratio is 0.85.
Can you provide the expected EPS growth for CCNE stock?
The Earnings per Share (EPS) of CNB FINANCIAL CORP/PA (CCNE) is expected to grow by 19.64% in the next year.