CION INVESTMENT CORP (CION) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CION • US17259U2042

8.9 USD
-0.24 (-2.63%)
At close: Feb 3, 2026
8.9 USD
0 (0%)
After Hours: 2/3/2026, 5:08:46 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to CION. CION was compared to 238 industry peers in the Capital Markets industry. CION has a bad profitability rating. Also its financial health evaluation is rather negative. CION is cheap, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year CION was profitable.
  • In the past year CION had a positive cash flow from operations.
  • Of the past 5 years CION 4 years were profitable.
  • The reported operating cash flow has been mixed in the past 5 years: CION reported negative operating cash flow in multiple years.
CION Yearly Net Income VS EBIT VS OCF VS FCFCION Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

  • With a Return On Assets value of 1.38%, CION is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
  • CION has a worse Return On Equity (3.36%) than 65.55% of its industry peers.
  • CION has a Return On Invested Capital (3.99%) which is comparable to the rest of the industry.
  • CION had an Average Return On Invested Capital over the past 3 years of 4.00%. This is below the industry average of 7.28%.
Industry RankSector Rank
ROA 1.38%
ROE 3.36%
ROIC 3.99%
ROA(3y)3.06%
ROA(5y)3.03%
ROE(3y)6.88%
ROE(5y)6.43%
ROIC(3y)4%
ROIC(5y)3.85%
CION Yearly ROA, ROE, ROICCION Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

  • CION's Profit Margin of 10.59% is on the low side compared to the rest of the industry. CION is outperformed by 62.18% of its industry peers.
  • CION's Profit Margin has declined in the last couple of years.
  • CION's Operating Margin of 38.16% is fine compared to the rest of the industry. CION outperforms 69.75% of its industry peers.
  • In the last couple of years the Operating Margin of CION has declined.
  • With a Gross Margin value of 42.94%, CION perfoms like the industry average, outperforming 44.96% of the companies in the same industry.
  • CION's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 38.16%
PM (TTM) 10.59%
GM 42.94%
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%
CION Yearly Profit, Operating, Gross MarginsCION Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

More info and screens

1

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, CION has less shares outstanding
  • The number of shares outstanding for CION has been reduced compared to 5 years ago.
  • CION has a worse debt/assets ratio than last year.
CION Yearly Shares OutstandingCION Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
CION Yearly Total Debt VS Total AssetsCION Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • Based on the Altman-Z score of 0.36, we must say that CION is in the distress zone and has some risk of bankruptcy.
  • CION has a worse Altman-Z score (0.36) than 65.55% of its industry peers.
  • The Debt to FCF ratio of CION is 21.36, which is on the high side as it means it would take CION, 21.36 years of fcf income to pay off all of its debts.
  • CION has a Debt to FCF ratio of 21.36. This is comparable to the rest of the industry: CION outperforms 56.30% of its industry peers.
  • A Debt/Equity ratio of 1.40 is on the high side and indicates that CION has dependencies on debt financing.
  • CION has a Debt to Equity ratio of 1.40. This is in the lower half of the industry: CION underperforms 67.23% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF 21.36
Altman-Z 0.36
ROIC/WACCN/A
WACCN/A
CION Yearly LT Debt VS Equity VS FCFCION Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • CION has a Current Ratio of 0.37. This is a bad value and indicates that CION is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CION has a Current ratio of 0.37. This is in the lower half of the industry: CION underperforms 77.73% of its industry peers.
  • CION has a Quick Ratio of 0.37. This is a bad value and indicates that CION is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of CION (0.37) is worse than 77.31% of its industry peers.
Industry RankSector Rank
Current Ratio 0.37
Quick Ratio 0.37
CION Yearly Current Assets VS Current LiabilitesCION Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

More info and screens

1

3. Growth

3.1 Past

  • The earnings per share for CION have decreased by -1.67% in the last year.
  • CION shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.01% yearly.
  • The Revenue has decreased by -3.78% in the past 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)-1.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%85%
Revenue 1Y (TTM)-3.78%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%32.01%

3.2 Future

  • The Earnings Per Share is expected to decrease by -15.37% 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 -11.11% yearly.
EPS Next Y2.84%
EPS Next 2Y-12.33%
EPS Next 3Y-15.37%
EPS Next 5YN/A
Revenue Next Year-4.07%
Revenue Next 2Y-11.23%
Revenue Next 3Y-11.11%
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CION Yearly Revenue VS EstimatesCION Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M 250M
CION Yearly EPS VS EstimatesCION Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

More info and screens

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 5.03, 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 90.76% of the companies in the same industry.
  • CION's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.41.
  • CION is valuated cheaply with a Price/Forward Earnings ratio of 6.62.
  • 89.08% 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 25.64, CION is valued rather cheaply.
Industry RankSector Rank
PE 5.03
Fwd PE 6.62
CION Price Earnings VS Forward Price EarningsCION Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 81.51% of the companies in the same industry are more expensive than CION, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 9.11
EV/EBITDA N/A
CION Per share dataCION EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A cheap valuation may be justified as CION's earnings are expected to decrease with -15.37% in the coming years.
PEG (NY)1.77
PEG (5Y)N/A
EPS Next 2Y-12.33%
EPS Next 3Y-15.37%

More info and screens

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.29%, CION is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.02, CION has a dividend in line with its industry peers.
  • CION's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 4.29%

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
CION Yearly Dividends per shareCION Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • CION pays out 303.09% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of CION has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP303.09%
EPS Next 2Y-12.33%
EPS Next 3Y-15.37%
CION Yearly Income VS Free CF VS DividendCION Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 0 100M -100M
CION Dividend Payout.CION Dividend Payout, showing the Payout Ratio.CION Dividend Payout.PayoutRetained Earnings

More info and screens

CION INVESTMENT CORP

NYSE:CION (2/3/2026, 5:08:46 PM)

After market: 8.9 0 (0%)

8.9

-0.24 (-2.63%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06
Earnings (Next)03-12
Inst Owners38.98%
Inst Owner Change-0.89%
Ins Owners0.46%
Ins Owner Change0.19%
Market Cap459.86M
Revenue(TTM)244.92M
Net Income(TTM)25.95M
Analysts47.5
Price Target10.88 (22.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.29%
Yearly Dividend1.67
Dividend Growth(5Y)-7.5%
DP303.09%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)55.49%
Min EPS beat(2)-5.79%
Max EPS beat(2)116.78%
EPS beat(4)2
Avg EPS beat(4)27.96%
Min EPS beat(4)-5.79%
Max EPS beat(4)116.78%
EPS beat(8)5
Avg EPS beat(8)18.98%
EPS beat(12)8
Avg EPS beat(12)20.52%
EPS beat(16)11
Avg EPS beat(16)18.06%
Revenue beat(2)1
Avg Revenue beat(2)21.26%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)46.51%
Revenue beat(4)3
Avg Revenue beat(4)13.09%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)46.51%
Revenue beat(8)7
Avg Revenue beat(8)10.78%
Revenue beat(12)10
Avg Revenue beat(12)11.33%
Revenue beat(16)13
Avg Revenue beat(16)9.86%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.8%
EPS NY rev (1m)0%
EPS NY rev (3m)30.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)2.68%
Revenue NY rev (3m)11.44%
Valuation
Industry RankSector Rank
PE 5.03
Fwd PE 6.62
P/S 1.88
P/FCF 9.11
P/OCF 9.11
P/B 0.6
P/tB 0.6
EV/EBITDA N/A
EPS(TTM)1.77
EY19.89%
EPS(NY)1.35
Fwd EY15.11%
FCF(TTM)0.98
FCFY10.98%
OCF(TTM)0.98
OCFY10.98%
SpS4.74
BVpS14.95
TBVpS14.95
PEG (NY)1.77
PEG (5Y)N/A
Graham Number24.4
Profitability
Industry RankSector Rank
ROA 1.38%
ROE 3.36%
ROCE 5.05%
ROIC 3.99%
ROICexc 4%
ROICexgc 4%
OM 38.16%
PM (TTM) 10.59%
GM 42.94%
FCFM 20.62%
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 Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 1.4
Debt/FCF 21.36
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 1.07
Cash Conversion N/A
Profit Quality 194.62%
Current Ratio 0.37
Quick Ratio 0.37
Altman-Z 0.36
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)-1.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%85%
EPS Next Y2.84%
EPS Next 2Y-12.33%
EPS Next 3Y-15.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.78%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%32.01%
Revenue Next Year-4.07%
Revenue Next 2Y-11.23%
Revenue Next 3Y-11.11%
Revenue Next 5YN/A
EBIT growth 1Y-5.58%
EBIT growth 3Y8.76%
EBIT growth 5Y1.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y124.44%
FCF growth 3YN/A
FCF growth 5Y-6.89%
OCF growth 1Y124.44%
OCF growth 3YN/A
OCF growth 5Y-6.89%

CION INVESTMENT CORP / CION FAQ

What is the fundamental rating for CION stock?

ChartMill assigns a fundamental rating of 2 / 10 to CION.


Can you provide the valuation status for CION INVESTMENT CORP?

ChartMill assigns a valuation rating of 7 / 10 to CION INVESTMENT CORP (CION). This can be considered as Undervalued.


Can you provide the profitability details for CION INVESTMENT CORP?

CION INVESTMENT CORP (CION) has a profitability rating of 2 / 10.


How financially healthy is CION INVESTMENT CORP?

The financial health rating of CION INVESTMENT CORP (CION) is 1 / 10.


What is the earnings growth outlook for CION INVESTMENT CORP?

The Earnings per Share (EPS) of CION INVESTMENT CORP (CION) is expected to grow by 2.84% in the next year.