CNX RESOURCES CORP (CNX) Fundamental Analysis & Valuation

NYSE:CNX • US12653C1080

Current stock price

39.775 USD
-0.8 (-1.98%)
Last:

This CNX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. CNX Profitability Analysis

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.
  • Each year in the past 5 years CNX had a positive operating cash flow.
CNX Yearly Net Income VS EBIT VS OCF VS FCFCNX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B

1.2 Ratios

  • CNX has a better Return On Assets (6.96%) than 75.12% of its industry peers.
  • CNX has a Return On Equity of 14.60%. This is in the better half of the industry: CNX outperforms 75.12% of its industry peers.
  • The Return On Invested Capital of CNX (7.71%) is better than 71.77% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CNX is significantly below the industry average of 23.03%.
  • The 3 year average ROIC (4.26%) for CNX is below the current ROIC(7.71%), indicating increased profibility in the last year.
Industry RankSector 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%
CNX Yearly ROA, ROE, ROICCNX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

1.3 Margins

  • With an excellent Profit Margin value of 32.32%, CNX belongs to the best of the industry, outperforming 88.04% of the companies in the same industry.
  • The Operating Margin of CNX (39.79%) is better than 88.04% of its industry peers.
  • In the last couple of years the Operating Margin of CNX has declined.
  • CNX's Gross Margin of 71.60% is amongst the best of the industry. CNX outperforms 82.78% of its industry peers.
  • CNX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 39.79%
PM (TTM) 32.32%
GM 71.6%
OM growth 3Y-16.18%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.66%
GM growth 5Y5.42%
CNX Yearly Profit, Operating, Gross MarginsCNX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 -100

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3

2. CNX Health Analysis

2.1 Basic Checks

  • CNX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, CNX has less shares outstanding
  • Compared to 5 years ago, CNX has less shares outstanding
  • The debt/assets ratio for CNX is higher compared to a year ago.
CNX Yearly Shares OutstandingCNX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
CNX Yearly Total Debt VS Total AssetsCNX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.2 Solvency

  • Based on the Altman-Z score of 1.45, we must say that CNX is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.45, CNX is in line with its industry, outperforming 49.76% of the companies in the same industry.
  • CNX has a debt to FCF ratio of 4.59. This is a neutral value as CNX would need 4.59 years to pay back of all of its debts.
  • The Debt to FCF ratio of CNX (4.59) is better than 70.33% of its industry peers.
  • A Debt/Equity ratio of 0.52 indicates that 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 49.76% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Altman-Z 1.45
ROIC/WACC0.97
WACC7.98%
CNX Yearly LT Debt VS Equity VS FCFCNX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • CNX has a Current Ratio of 0.44. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CNX has a worse Current ratio (0.44) than 85.65% of its industry peers.
  • CNX has a Quick Ratio of 0.44. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CNX's Quick ratio of 0.41 is on the low side compared to the rest of the industry. CNX is outperformed by 85.17% of its industry peers.
Industry RankSector Rank
Current Ratio 0.44
Quick Ratio 0.41
CNX Yearly Current Assets VS Current LiabilitesCNX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. CNX Growth Analysis

3.1 Past

  • CNX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.78%, which is quite impressive.
  • The Earnings Per Share has been growing by 20.55% on average over the past years. This is a very strong growth
  • The Revenue has grown by 23.54% in the past year. This is a very strong growth!
  • CNX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.34% yearly.
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

  • CNX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.87% yearly.
  • CNX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.92% yearly.
EPS Next Y6.21%
EPS Next 2Y27.57%
EPS Next 3Y16.87%
EPS Next 5YN/A
Revenue Next Year4.02%
Revenue Next 2Y6.92%
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 stable.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CNX Yearly Revenue VS EstimatesCNX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
CNX Yearly EPS VS EstimatesCNX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3 4

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Find the best growth stocksShow best growing peers

6

4. CNX Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.78, the valuation of CNX can be described as correct.
  • Compared to the rest of the industry, the Price/Earnings ratio of CNX indicates a somewhat cheap valuation: CNX is cheaper than 67.46% of the companies listed in the same industry.
  • CNX is valuated rather cheaply when we compare the Price/Earnings ratio to 24.89, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 14.86, which indicates a correct valuation of CNX.
  • Based on the Price/Forward Earnings ratio, CNX is valued a bit cheaper than 70.81% of the companies in the same industry.
  • CNX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.78
Fwd PE 14.86
CNX Price Earnings VS Forward Price EarningsCNX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 78.47% of the companies in the same industry are more expensive than CNX, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, CNX is valued cheaper than 84.21% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.61
EV/EBITDA 6.08
CNX Per share dataCNX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CNX does not grow enough to justify the current Price/Earnings ratio.
  • CNX has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CNX's earnings are expected to grow with 16.87% in the coming years.
PEG (NY)2.54
PEG (5Y)0.77
EPS Next 2Y27.57%
EPS Next 3Y16.87%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. CNX Dividend Analysis

5.1 Amount

  • CNX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CNX Fundamentals: All Metrics, Ratios and Statistics

CNX RESOURCES CORP

NYSE:CNX (3/30/2026, 12:37:36 PM)

39.775

-0.8 (-1.98%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-29
Earnings (Next)04-23
Inst Owners95.44%
Inst Owner Change-1.61%
Ins Owners2.73%
Ins Owner Change0.77%
Market Cap5.66B
Revenue(TTM)1.96B
Net Income(TTM)633.16M
Analysts50.48
Price Target37.66 (-5.32%)
Short Float %13.33%
Short Ratio7.66
Dividend
Industry RankSector 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)1.39%
PT rev (3m)7.25%
EPS NQ rev (1m)7.26%
EPS NQ rev (3m)21.57%
EPS NY rev (1m)7.71%
EPS NY rev (3m)3.32%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)1.94%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)0.63%
Valuation
Industry RankSector Rank
PE 15.78
Fwd PE 14.86
P/S 2.89
P/FCF 10.61
P/OCF 5.5
P/B 1.31
P/tB 1.43
EV/EBITDA 6.08
EPS(TTM)2.52
EY6.34%
EPS(NY)2.68
Fwd EY6.73%
FCF(TTM)3.75
FCFY9.43%
OCF(TTM)7.23
OCFY18.17%
SpS13.76
BVpS30.46
TBVpS27.79
PEG (NY)2.54
PEG (5Y)0.77
Graham Number41.56
Profitability
Industry RankSector 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 71.6%
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-4.66%
GM growth 5Y5.42%
F-Score8
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Debt/EBITDA 1.65
Cap/Depr 86.22%
Cap/Sales 25.27%
Interest Coverage 5.04
Cash Conversion 76.01%
Profit Quality 84.33%
Current Ratio 0.44
Quick Ratio 0.41
Altman-Z 1.45
F-Score8
WACC7.98%
ROIC/WACC0.97
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 Y6.21%
EPS Next 2Y27.57%
EPS Next 3Y16.87%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
Revenue Next Year4.02%
Revenue Next 2Y6.92%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y253.48%
EBIT growth 3Y-33.01%
EBIT growth 5YN/A
EBIT Next Year107.73%
EBIT Next 3Y34.18%
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 Fundamental Analysis 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 6 / 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 grow by 6.21% in the next year.