CNB FINANCIAL CORP/PA (CCNE) Stock Fundamental Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
24.89 USD
+0.12 (+0.48%)
24.89 USD
0 (0%)
Taking everything into account, CCNE scores 4 out of 10 in our fundamental rating. CCNE was compared to 388 industry peers in the Banks industry. CCNE has a bad profitability rating. Also its financial health evaluation is rather negative. CCNE has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! Finally CCNE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CCNE had positive earnings in the past year.
In the past year CCNE had a positive cash flow from operations.
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
CCNE's Profit Margin of 21.10% is on the low side compared to the rest of the industry. CCNE is outperformed by 61.08% of its industry peers.
In the last couple of years the Profit Margin of CCNE has declined.
CCNE does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
CCNE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CCNE has more shares outstanding
The debt/assets ratio for CCNE is higher compared to a year ago.
2.2 Solvency
CCNE has a debt to FCF ratio of 1.79. This is a very positive value and a sign of high solvency as it would only need 1.79 years to pay back of all of its debts.
CCNE has a Debt to FCF ratio (1.79) which is in line with its industry peers.
A Debt/Equity ratio of 0.19 indicates that CCNE is not too dependend on debt financing.
The Debt to Equity ratio of CCNE (0.19) 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
WACC20.43%
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.
Measured over the past years, CCNE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.98% on average per year.
Looking at the last year, CCNE shows a small growth in Revenue. The Revenue has grown by 1.53% 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)14.53%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%34.43%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%41.37%
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 22.21% on average per year.
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
The Price/Earnings ratio is 9.29, which indicates a very decent valuation of CCNE.
CCNE's Price/Earnings ratio is rather cheap when compared to the industry. CCNE is cheaper than 83.51% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.28. CCNE is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.85, which indicates a rather cheap valuation of CCNE.
92.27% of the companies in the same industry are more expensive than CCNE, based on the Price/Forward Earnings ratio.
CCNE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 33.61.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.29 | ||
| Fwd PE | 6.85 |
4.2 Price Multiples
61.08% of the companies in the same industry are more expensive than CCNE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.66 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CCNE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CCNE's earnings are expected to grow with 22.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y23.53%
EPS Next 3Y22.21%
5. Dividend
5.1 Amount
CCNE has a Yearly Dividend Yield of 2.94%.
Compared to an average industry Dividend Yield of 3.38, CCNE has a dividend in line with its industry peers.
CCNE's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
5.2 History
The dividend of CCNE is nicely growing with an annual growth rate of 6.12%!
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
CCNE pays out 39.05% of its income as dividend. This is a sustainable payout ratio.
CCNE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.05%
EPS Next 2Y23.53%
EPS Next 3Y22.21%
24.89
+0.12 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.77%
Inst Owner Change4.45%
Ins Owners2.39%
Ins Owner Change4.62%
Market Cap733.76M
Revenue(TTM)226.58M
Net Income(TTM)49.78M
Analysts84.44
Price Target28.22 (13.38%)
Short Float %1.04%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.94% |
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)-1.19%
PT rev (3m)-1.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.41%
EPS NY rev (3m)7.38%
Revenue NQ rev (1m)12.29%
Revenue NQ rev (3m)9.19%
Revenue NY rev (1m)-3.26%
Revenue NY rev (3m)-4.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.29 | ||
| Fwd PE | 6.85 | ||
| P/S | 3.11 | ||
| P/FCF | 10.66 | ||
| P/OCF | 9.12 | ||
| P/B | 1.15 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.68
EY10.77%
EPS(NY)3.63
Fwd EY14.59%
FCF(TTM)2.33
FCFY9.38%
OCF(TTM)2.73
OCFY10.96%
SpS8
BVpS21.62
TBVpS20.09
PEG (NY)0.47
PEG (5Y)N/A
Graham Number36.1
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
WACC20.43%
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)1.53%
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 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 4 / 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 9.29 and the Price/Book (PB) ratio is 1.15.
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.