CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
NYSE:CNX • US12653C1080
39.11 USD
-0.86 (-2.15%)
Last: Feb 12, 2026, 03:42 PM
We assign a fundamental rating of 5 out of 10 to CNX. CNX was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. CNX scores excellent on profitability, but there are concerns on its financial health. CNX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- CNX had positive earnings in the past year.
- In the past year CNX had a positive cash flow from operations.
- In multiple years CNX reported negative net income over the last 5 years.
- CNX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 6.96%, CNX is doing good in the industry, outperforming 77.18% of the companies in the same industry.
- CNX's Return On Equity of 14.60% is fine compared to the rest of the industry. CNX outperforms 76.70% of its industry peers.
- CNX has a Return On Invested Capital of 7.71%. This is in the better half of the industry: CNX outperforms 72.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CNX is significantly below the industry average of 21.97%.
- The 3 year average ROIC (4.26%) for CNX is below the current ROIC(7.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.96% | ||
| ROE | 14.6% | ||
| ROIC | 7.71% |
ROA(3y)8.62%
ROA(5y)3.6%
ROE(3y)17.28%
ROE(5y)6.71%
ROIC(3y)4.26%
ROIC(5y)10.76%
1.3 Margins
- CNX has a Profit Margin of 32.32%. This is amongst the best in the industry. CNX outperforms 89.32% of its industry peers.
- CNX's Operating Margin of 39.79% is amongst the best of the industry. CNX outperforms 87.86% of its industry peers.
- CNX's Operating Margin has declined in the last couple of years.
- CNX has a Gross Margin of 71.65%. This is amongst the best in the industry. CNX outperforms 83.01% of its industry peers.
- CNX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.79% | ||
| PM (TTM) | 32.32% | ||
| GM | 71.65% |
OM growth 3Y-16.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.62%
GM growth 5Y5.45%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CNX is still creating some value.
- CNX has less shares outstanding than it did 1 year ago.
- CNX has less shares outstanding than it did 5 years ago.
- CNX has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.40, we must say that CNX is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.40, CNX perfoms like the industry average, outperforming 53.40% of the companies in the same industry.
- The Debt to FCF ratio of CNX is 4.59, which is a neutral value as it means it would take CNX, 4.59 years of fcf income to pay off all of its debts.
- CNX has a better Debt to FCF ratio (4.59) than 67.96% of its industry peers.
- CNX has a Debt/Equity ratio of 0.52. This is a neutral value indicating CNX is somewhat dependend on debt financing.
- CNX has a Debt to Equity ratio of 0.52. This is comparable to the rest of the industry: CNX outperforms 45.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 1.4 |
ROIC/WACC1.05
WACC7.34%
2.3 Liquidity
- A Current Ratio of 0.44 indicates that CNX may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.44, CNX is doing worse than 87.38% of the companies in the same industry.
- A Quick Ratio of 0.41 indicates that CNX may have some problems paying its short term obligations.
- CNX has a Quick ratio of 0.41. This is amonst the worse of the industry: CNX underperforms 87.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 40.78% over the past year.
- Measured over the past years, CNX shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.55% on average per year.
- The Revenue has grown by 23.54% in the past year. This is a very strong growth!
- Measured over the past years, CNX shows a quite strong growth in Revenue. The Revenue has been growing by 14.34% on average per year.
EPS 1Y (TTM)40.78%
EPS 3Y0.13%
EPS 5Y20.55%
EPS Q2Q%17.54%
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
3.2 Future
- Based on estimates for the next years, CNX will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.05% on average per year.
- Based on estimates for the next years, CNX will show a small growth in Revenue. The Revenue will grow by 6.59% on average per year.
EPS Next Y-1.39%
EPS Next 2Y28.27%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue Next Year2.61%
Revenue Next 2Y6.59%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 15.52, the valuation of CNX can be described as correct.
- Based on the Price/Earnings ratio, CNX is valued a bit cheaper than 60.19% of the companies in the same industry.
- CNX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.18.
- With a Price/Forward Earnings ratio of 15.74, CNX is valued correctly.
- CNX's Price/Forward Earnings ratio is in line with the industry average.
- CNX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.52 | ||
| Fwd PE | 15.74 |
4.2 Price Multiples
- 74.76% of the companies in the same industry are more expensive than CNX, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNX indicates a rather cheap valuation: CNX is cheaper than 82.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.88 | ||
| EV/EBITDA | 5.79 |
4.3 Compensation for Growth
- The decent profitability rating of CNX may justify a higher PE ratio.
- CNX's earnings are expected to grow with 15.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y28.27%
EPS Next 3Y15.05%
5. Dividend
5.1 Amount
- No dividends for CNX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NYSE:CNX (2/12/2026, 3:42:45 PM)
39.11
-0.86 (-2.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-22 2026-04-22/bmo
Inst Owners103.12%
Inst Owner Change-2.62%
Ins Owners2.76%
Ins Owner Change0.72%
Market Cap5.27B
Revenue(TTM)1.96B
Net Income(TTM)633.16M
Analysts51.82
Price Target36.8 (-5.91%)
Short Float %14.25%
Short Ratio8.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)71.19%
Min EPS beat(2)47.59%
Max EPS beat(2)94.78%
EPS beat(4)4
Avg EPS beat(4)48.36%
Min EPS beat(4)20.86%
Max EPS beat(4)94.78%
EPS beat(8)8
Avg EPS beat(8)38.57%
EPS beat(12)11
Avg EPS beat(12)37.6%
EPS beat(16)13
Avg EPS beat(16)29.79%
Revenue beat(2)2
Avg Revenue beat(2)33.45%
Min Revenue beat(2)26.28%
Max Revenue beat(2)40.63%
Revenue beat(4)3
Avg Revenue beat(4)21.7%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)4
Avg Revenue beat(8)-1.05%
Revenue beat(12)7
Avg Revenue beat(12)34.05%
Revenue beat(16)11
Avg Revenue beat(16)45.92%
PT rev (1m)4.79%
PT rev (3m)13.56%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)1.05%
EPS NY rev (1m)-4.07%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)1.28%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)-0.73%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.52 | ||
| Fwd PE | 15.74 | ||
| P/S | 2.69 | ||
| P/FCF | 9.88 | ||
| P/OCF | 5.12 | ||
| P/B | 1.22 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 5.79 |
EPS(TTM)2.52
EY6.44%
EPS(NY)2.49
Fwd EY6.35%
FCF(TTM)3.96
FCFY10.13%
OCF(TTM)7.63
OCFY19.51%
SpS14.53
BVpS32.17
TBVpS29.34
PEG (NY)N/A
PEG (5Y)0.76
Graham Number42.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.96% | ||
| ROE | 14.6% | ||
| ROCE | 9.78% | ||
| ROIC | 7.71% | ||
| ROICexc | 7.71% | ||
| ROICexgc | 8.1% | ||
| OM | 39.79% | ||
| PM (TTM) | 32.32% | ||
| GM | 71.65% | ||
| FCFM | 27.26% |
ROA(3y)8.62%
ROA(5y)3.6%
ROE(3y)17.28%
ROE(5y)6.71%
ROIC(3y)4.26%
ROIC(5y)10.76%
ROICexc(3y)4.27%
ROICexc(5y)10.78%
ROICexgc(3y)4.49%
ROICexgc(5y)11.4%
ROCE(3y)5.41%
ROCE(5y)13.64%
ROICexgc growth 3Y-35.48%
ROICexgc growth 5YN/A
ROICexc growth 3Y-35.29%
ROICexc growth 5YN/A
OM growth 3Y-16.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.62%
GM growth 5Y5.45%
F-Score8
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 4.59 | ||
| Debt/EBITDA | 1.65 | ||
| Cap/Depr | 86.22% | ||
| Cap/Sales | 25.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.01% | ||
| Profit Quality | 84.33% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 1.4 |
F-Score8
WACC7.34%
ROIC/WACC1.05
Cap/Depr(3y)118.05%
Cap/Depr(5y)113.45%
Cap/Sales(3y)39.34%
Cap/Sales(5y)30.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.78%
EPS 3Y0.13%
EPS 5Y20.55%
EPS Q2Q%17.54%
EPS Next Y-1.39%
EPS Next 2Y28.27%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
Revenue Next Year2.61%
Revenue Next 2Y6.59%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y253.48%
EBIT growth 3Y-33.01%
EBIT growth 5YN/A
EBIT Next Year98.11%
EBIT Next 3Y38.23%
EBIT Next 5YN/A
FCF growth 1Y93.86%
FCF growth 3Y-7.25%
FCF growth 5Y11.65%
OCF growth 1Y26.13%
OCF growth 3Y-5.9%
OCF growth 5Y5.29%
CNX RESOURCES CORP / CNX FAQ
What is the ChartMill fundamental rating of CNX RESOURCES CORP (CNX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to CNX.
Can you provide the valuation status for CNX RESOURCES CORP?
ChartMill assigns a valuation rating of 5 / 10 to CNX RESOURCES CORP (CNX). This can be considered as Fairly Valued.
Can you provide the profitability details for CNX RESOURCES CORP?
CNX RESOURCES CORP (CNX) has a profitability rating of 7 / 10.
What is the financial health of CNX RESOURCES CORP (CNX) stock?
The financial health rating of CNX RESOURCES CORP (CNX) is 3 / 10.
What is the expected EPS growth for CNX RESOURCES CORP (CNX) stock?
The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to decline by -1.39% in the next year.