CNB FINANCIAL CORP/PA (CCNE) Stock Fundamental Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
26.65 USD
+0.97 (+3.78%)
26.65 USD
0 (0%)
Overall CCNE gets a fundamental rating of 5 out of 10. We evaluated CCNE against 392 industry peers in the Banks industry. CCNE may be in some trouble as it scores bad on both profitability and health. CCNE has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! 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's Return On Assets of 0.79% is in line compared to the rest of the industry. CCNE outperforms 45.41% of its industry peers.
Looking at the Return On Equity, with a value of 7.81%, CCNE is in line with its industry, outperforming 45.41% of the companies in the same 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 has a Profit Margin of 21.10%. This is in the lower half of the industry: CCNE underperforms 60.46% of its industry peers.
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
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.
CCNE has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
CCNE's Debt to Equity ratio of 0.19 is in line compared to the rest of the industry. CCNE outperforms 43.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC19.71%
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.
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)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
CCNE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.38% yearly.
CCNE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 31.79% yearly.
EPS Next Y17.97%
EPS Next 2Y23.38%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year33.28%
Revenue Next 2Y31.79%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CCNE is valuated reasonably with a Price/Earnings ratio of 10.79.
CCNE's Price/Earnings ratio is a bit cheaper when compared to the industry. CCNE is cheaper than 77.30% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. CCNE is valued rather cheaply when compared to this.
CCNE is valuated cheaply with a Price/Forward Earnings ratio of 7.36.
Based on the Price/Forward Earnings ratio, CCNE is valued cheaply inside the industry as 90.31% of the companies are valued more expensively.
CCNE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 7.36 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CCNE is valued a bit cheaper than 61.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.42 | ||
| 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 23.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)N/A
EPS Next 2Y23.38%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CCNE has a Yearly Dividend Yield of 7.18%, which is a nice return.
CCNE's Dividend Yield is rather good when compared to the industry average which is at 3.73. CCNE pays more dividend than 94.90% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, CCNE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
5.2 History
On average, the dividend of CCNE grows each year by 6.12%, which is quite nice.
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
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 3YN/A
26.65
+0.97 (+3.78%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners43.75%
Inst Owner Change3.7%
Ins Owners1.6%
Ins Owner Change4.48%
Market Cap785.64M
Analysts84.44
Price Target28.56 (7.17%)
Short Float %0.78%
Short Ratio1.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
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)7.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.8%
EPS NY rev (1m)5.89%
EPS NY rev (3m)7.68%
Revenue NQ rev (1m)-2.76%
Revenue NQ rev (3m)-4.11%
Revenue NY rev (1m)-0.86%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 7.36 | ||
| P/S | 3.33 | ||
| P/FCF | 11.42 | ||
| P/OCF | 9.77 | ||
| P/B | 1.23 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.47
EY9.27%
EPS(NY)3.62
Fwd EY13.59%
FCF(TTM)2.33
FCFY8.76%
OCF(TTM)2.73
OCFY10.24%
SpS8
BVpS21.62
TBVpS20.09
PEG (NY)0.6
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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
WACC19.71%
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 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.92%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%14.17%
Revenue Next Year33.28%
Revenue Next 2Y31.79%
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%