CNB FINANCIAL CORP/PA (CCNE) Stock Fundamental Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
24.52 USD
-0.22 (-0.89%)
24.52 USD
0 (0%)
Overall CCNE gets a fundamental rating of 4 out of 10. We evaluated CCNE against 390 industry peers in the Banks industry. CCNE has a bad profitability rating. Also its financial health evaluation is rather negative. CCNE is evaluated to be cheap and growing strongly. This does not happen too often! CCNE also has an excellent dividend rating.
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.
Each year in the past 5 years CCNE has been profitable.
CCNE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CCNE has a Return On Assets (0.79%) which is comparable to the rest of the industry.
CCNE has a Return On Equity (7.81%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.81% | ||
| 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
Looking at the Profit Margin, with a value of 21.10%, CCNE is doing worse than 60.77% of the companies in the same industry.
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) | 21.1% | ||
| 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.
The number of shares outstanding for CCNE has been increased compared to 1 year ago.
The number of shares outstanding for CCNE has been increased compared to 5 years ago.
CCNE has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CCNE is 1.79, which is an excellent value as it means it would take CCNE, only 1.79 years of fcf income to pay off all of its debts.
CCNE has a Debt to FCF ratio (1.79) which is comparable to the rest of the industry.
CCNE has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
CCNE has a Debt to Equity ratio (0.19) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC20.5%
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 been growing slightly by 6.01% over the past year.
CCNE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.98% yearly.
Looking at the last year, CCNE shows a small growth in Revenue. The Revenue has grown by 6.92% in the last year.
The Revenue has been growing by 9.77% on average over the past years. This is quite good.
EPS 1Y (TTM)6.01%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%12.5%
Revenue 1Y (TTM)6.92%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%14.17%
3.2 Future
Based on estimates for the next years, CCNE will show a very strong growth in Earnings Per Share. The EPS will grow by 20.88% on average per year.
The Revenue is expected to grow by 34.47% on average over the next years. This is a very strong growth
EPS Next Y17.97%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
EPS Next 5YN/A
Revenue Next Year41.48%
Revenue Next 2Y34.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 9.93, the valuation of CCNE can be described as reasonable.
Based on the Price/Earnings ratio, CCNE is valued a bit cheaper than 75.38% of the companies in the same industry.
CCNE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
Based on the Price/Forward Earnings ratio of 6.77, the valuation of CCNE can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCNE indicates a rather cheap valuation: CCNE is cheaper than 92.56% of the companies listed 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 23.09.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 6.77 |
4.2 Price Multiples
CCNE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CCNE is cheaper than 63.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.5 | ||
| 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 20.88% in the coming years.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y23.38%
EPS Next 3Y20.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.91%, CCNE has a reasonable but not impressive dividend return.
CCNE's Dividend Yield is comparable with the industry average which is at 3.50.
Compared to an average S&P500 Dividend Yield of 2.30, CCNE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
5.2 History
On average, the dividend of CCNE grows each year by 6.12%, which is quite nice.
CCNE has paid a dividend for at least 10 years, which is 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
39.05% of the earnings are spent on dividend by CCNE. This is a low number and sustainable payout ratio.
The dividend of CCNE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.05%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
24.52
-0.22 (-0.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.77%
Inst Owner Change0.33%
Ins Owners2.39%
Ins Owner Change4.51%
Market Cap722.85M
Revenue(TTM)235.97M
Net Income(TTM)49.78M
Analysts84.44
Price Target28.56 (16.48%)
Short Float %1.04%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
Yearly Dividend0.92
Dividend Growth(5Y)6.12%
DP39.05%
Div Incr Years1
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.26%
Min EPS beat(2)-4.09%
Max EPS beat(2)3.57%
EPS beat(4)3
Avg EPS beat(4)3.87%
Min EPS beat(4)-4.09%
Max EPS beat(4)10.51%
EPS beat(8)7
Avg EPS beat(8)6.34%
EPS beat(12)7
Avg EPS beat(12)1.81%
EPS beat(16)10
Avg EPS beat(16)2.48%
Revenue beat(2)0
Avg Revenue beat(2)-3.93%
Min Revenue beat(2)-4.1%
Max Revenue beat(2)-3.75%
Revenue beat(4)0
Avg Revenue beat(4)-2.46%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)0%
Revenue beat(8)2
Avg Revenue beat(8)6.14%
Revenue beat(12)5
Avg Revenue beat(12)6.98%
Revenue beat(16)9
Avg Revenue beat(16)9.75%
PT rev (1m)0%
PT rev (3m)5.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.41%
EPS NY rev (1m)0%
EPS NY rev (3m)5.89%
Revenue NQ rev (1m)12.29%
Revenue NQ rev (3m)7.68%
Revenue NY rev (1m)6.15%
Revenue NY rev (3m)5.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.93 | ||
| Fwd PE | 6.77 | ||
| P/S | 3.06 | ||
| P/FCF | 10.5 | ||
| P/OCF | 8.99 | ||
| P/B | 1.13 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.47
EY10.07%
EPS(NY)3.62
Fwd EY14.78%
FCF(TTM)2.33
FCFY9.52%
OCF(TTM)2.73
OCFY11.13%
SpS8
BVpS21.62
TBVpS20.09
PEG (NY)0.55
PEG (5Y)N/A
Graham Number34.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.81% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.1% | ||
| GM | N/A | ||
| FCFM | 29.16% |
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-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.79 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 140.99% | ||
| Cap/Sales | 4.93% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 138.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC20.5%
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)6.01%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%12.5%
EPS Next Y17.97%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
EPS Next 5YN/A
Revenue 1Y (TTM)6.92%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%14.17%
Revenue Next Year41.48%
Revenue Next 2Y34.47%
Revenue Next 3YN/A
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 1Y59.84%
FCF growth 3Y1.74%
FCF growth 5Y5.14%
OCF growth 1Y37.2%
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 5 / 10 to CCNE.
What is the valuation status for CCNE stock?
ChartMill assigns a valuation rating of 7 / 10 to CNB FINANCIAL CORP/PA (CCNE). This can be considered as Undervalued.
How profitable is CNB FINANCIAL CORP/PA (CCNE) stock?
CNB FINANCIAL CORP/PA (CCNE) has a profitability rating of 3 / 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 9.93 and the Price/Book (PB) ratio is 1.13.
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 17.97% in the next year.