CION INVESTMENT CORP (CION) Stock Fundamental Analysis
USA - NYSE:CION - US17259U2042 - Common Stock
9.45 USD
+0.14 (+1.5%)
9.45 USD
0 (0%)
CION gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 236 industry peers in the Capital Markets industry. CION may be in some trouble as it scores bad on both profitability and health. CION has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CION had positive earnings in the past year.
CION had a positive operating cash flow in the past year.
Of the past 5 years CION 4 years were profitable.
In multiple years CION reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.55%, CION is doing worse than 76.69% of the companies in the same industry.
The Return On Equity of CION (-1.36%) is worse than 75.42% of its industry peers.
With a Return On Invested Capital value of 3.25%, CION perfoms like the industry average, outperforming 44.07% of the companies in the same industry.
CION had an Average Return On Invested Capital over the past 3 years of 4.00%. This is below the industry average of 7.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -1.36% | ||
| ROIC | 3.25% |
ROA(3y)3.06%
ROA(5y)3.03%
ROE(3y)6.88%
ROE(5y)6.43%
ROIC(3y)4%
ROIC(5y)3.85%
1.3 Margins
CION's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 33.91%, CION is doing good in the industry, outperforming 62.71% of the companies in the same industry.
In the last couple of years the Operating Margin of CION has declined.
CION has a Gross Margin of 39.16%. This is comparable to the rest of the industry: CION outperforms 41.95% of its industry peers.
CION's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.91% | ||
| PM (TTM) | N/A | ||
| GM | 39.16% |
OM growth 3Y-7.11%
OM growth 5Y-2.62%
PM growth 3Y-43.77%
PM growth 5Y-12.21%
GM growth 3Y-8.4%
GM growth 5Y-1.98%
2. Health
2.1 Basic Checks
CION has less shares outstanding than it did 1 year ago.
CION has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CION has a worse debt to assets ratio.
2.2 Solvency
CION has an Altman-Z score of 0.32. This is a bad value and indicates that CION is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CION (0.32) is worse than 71.19% of its industry peers.
CION has a debt to FCF ratio of 18.96. This is a negative value and a sign of low solvency as CION would need 18.96 years to pay back of all of its debts.
CION's Debt to FCF ratio of 18.96 is in line compared to the rest of the industry. CION outperforms 51.27% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that CION has dependencies on debt financing.
With a Debt to Equity ratio value of 1.45, CION is not doing good in the industry: 70.34% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 18.96 | ||
| Altman-Z | 0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CION has a Current Ratio of 0.53. This is a bad value and indicates that CION is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.53, CION is not doing good in the industry: 77.54% of the companies in the same industry are doing better.
A Quick Ratio of 0.53 indicates that CION may have some problems paying its short term obligations.
CION's Quick ratio of 0.53 is on the low side compared to the rest of the industry. CION is outperformed by 77.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
CION shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.67%.
CION shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.01% yearly.
Looking at the last year, CION shows a very negative growth in Revenue. The Revenue has decreased by -13.95% in the last year.
CION shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.65% yearly.
EPS 1Y (TTM)-26.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-20%
Revenue 1Y (TTM)-13.95%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-14.85%
3.2 Future
The Earnings Per Share is expected to decrease by -14.56% on average over the next years. This is quite bad
CION is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.16% yearly.
EPS Next Y-21.16%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
EPS Next 5YN/A
Revenue Next Year-13.92%
Revenue Next 2Y-9.71%
Revenue Next 3Y-10.16%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.61, the valuation of CION can be described as very cheap.
CION's Price/Earnings ratio is rather cheap when compared to the industry. CION is cheaper than 88.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of CION to the average of the S&P500 Index (27.77), we can say CION is valued rather cheaply.
A Price/Forward Earnings ratio of 7.18 indicates a rather cheap valuation of CION.
87.71% of the companies in the same industry are more expensive than CION, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, CION is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 7.18 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CION is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as CION's earnings are expected to decrease with -14.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
5. Dividend
5.1 Amount
CION has a Yearly Dividend Yield of 15.75%, which is a nice return.
Compared to an average industry Dividend Yield of 8.51, CION pays a better dividend. On top of this CION pays more dividend than 89.83% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, CION pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.75% |
5.2 History
The dividend of CION decreases each year by -7.50%.
CION has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-7.5%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CION are negative and hence is the payout ratio. CION will probably not be able to sustain this dividend level.
CION's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-793.68%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
9.45
+0.14 (+1.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners38.28%
Inst Owner Change-0.96%
Ins Owners0.46%
Ins Owner Change0.63%
Market Cap492.25M
Revenue(TTM)225.84M
Net Income(TTM)-10310000
Analysts47.5
Price Target10.88 (15.13%)
Short Float %1.51%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.75% |
Yearly Dividend1.67
Dividend Growth(5Y)-7.5%
DP-793.68%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.49%
Min EPS beat(2)-5.79%
Max EPS beat(2)2.8%
EPS beat(4)2
Avg EPS beat(4)-0.44%
Min EPS beat(4)-5.79%
Max EPS beat(4)3.2%
EPS beat(8)5
Avg EPS beat(8)9.16%
EPS beat(12)8
Avg EPS beat(12)14.32%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)4.96%
Revenue beat(4)3
Avg Revenue beat(4)2.1%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)4.96%
Revenue beat(8)7
Avg Revenue beat(8)7.29%
Revenue beat(12)10
Avg Revenue beat(12)9.08%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.54%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 7.18 | ||
| P/S | 2.18 | ||
| P/FCF | 8.47 | ||
| P/OCF | 8.47 | ||
| P/B | 0.65 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.43
EY15.13%
EPS(NY)1.32
Fwd EY13.93%
FCF(TTM)1.12
FCFY11.81%
OCF(TTM)1.12
OCFY11.81%
SpS4.34
BVpS14.56
TBVpS14.56
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -1.36% | ||
| ROCE | 4.12% | ||
| ROIC | 3.25% | ||
| ROICexc | 3.26% | ||
| ROICexgc | 3.26% | ||
| OM | 33.91% | ||
| PM (TTM) | N/A | ||
| GM | 39.16% | ||
| FCFM | 25.73% |
ROA(3y)3.06%
ROA(5y)3.03%
ROE(3y)6.88%
ROE(5y)6.43%
ROIC(3y)4%
ROIC(5y)3.85%
ROICexc(3y)4.07%
ROICexc(5y)3.91%
ROICexgc(3y)4.07%
ROICexgc(5y)3.91%
ROCE(3y)5.06%
ROCE(5y)4.88%
ROICexgc growth 3Y5.57%
ROICexgc growth 5Y0.49%
ROICexc growth 3Y5.57%
ROICexc growth 5Y0.49%
OM growth 3Y-7.11%
OM growth 5Y-2.62%
PM growth 3Y-43.77%
PM growth 5Y-12.21%
GM growth 3Y-8.4%
GM growth 5Y-1.98%
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 18.96 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 0.32 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-20%
EPS Next Y-21.16%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.95%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-14.85%
Revenue Next Year-13.92%
Revenue Next 2Y-9.71%
Revenue Next 3Y-10.16%
Revenue Next 5YN/A
EBIT growth 1Y-28.51%
EBIT growth 3Y8.76%
EBIT growth 5Y1.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y30.01%
FCF growth 3YN/A
FCF growth 5Y-6.89%
OCF growth 1Y30.01%
OCF growth 3YN/A
OCF growth 5Y-6.89%