CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA - NYSE:CNX - US12653C1080 - Common Stock
36.78 USD
-0.02 (-0.05%)
36.78 USD
0 (0%)
CNX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CNX while its profitability can be described as average. CNX is not valued too expensively and it also shows a decent 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.
CNX had negative earnings in 4 of the past 5 years.
CNX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CNX (3.28%) is comparable to the rest of the industry.
CNX has a Return On Equity (7.10%) which is in line with its industry peers.
CNX has a Return On Invested Capital (6.71%) which is in line with its industry peers.
CNX had an Average Return On Invested Capital over the past 3 years of 10.96%. This is significantly below the industry average of 21.85%.
The last Return On Invested Capital (6.71%) for CNX is well below the 3 year average (10.96%), which needs to be investigated, but indicates that CNX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 7.1% | ||
| ROIC | 6.71% |
ROA(3y)5.74%
ROA(5y)1.01%
ROE(3y)10.81%
ROE(5y)1.6%
ROIC(3y)10.96%
ROIC(5y)N/A
1.3 Margins
CNX has a Profit Margin of 15.89%. This is in the better half of the industry: CNX outperforms 67.14% of its industry peers.
The Operating Margin of CNX (36.96%) is better than 84.76% of its industry peers.
CNX's Operating Margin has declined in the last couple of years.
CNX's Gross Margin of 70.08% is fine compared to the rest of the industry. CNX outperforms 79.52% of its industry peers.
CNX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.96% | ||
| PM (TTM) | 15.89% | ||
| GM | 70.08% |
OM growth 3Y-33.34%
OM growth 5Y-2.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.84%
GM growth 5Y-3.14%
2. Health
2.1 Basic Checks
CNX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CNX has been reduced compared to 1 year ago.
CNX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CNX has about the same debt to assets ratio.
2.2 Solvency
CNX has an Altman-Z score of 1.31. This is a bad value and indicates that CNX is not financially healthy and even has some risk of bankruptcy.
CNX's Altman-Z score of 1.31 is in line compared to the rest of the industry. CNX outperforms 51.90% of its industry peers.
The Debt to FCF ratio of CNX is 4.54, which is a neutral value as it means it would take CNX, 4.54 years of fcf income to pay off all of its debts.
CNX has a better Debt to FCF ratio (4.54) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that CNX is somewhat dependend on debt financing.
CNX's Debt to Equity ratio of 0.55 is in line compared to the rest of the industry. CNX outperforms 44.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.83
WACC8.07%
2.3 Liquidity
A Current Ratio of 0.34 indicates that CNX may have some problems paying its short term obligations.
CNX has a Current ratio of 0.34. This is amonst the worse of the industry: CNX underperforms 90.95% of its industry peers.
A Quick Ratio of 0.31 indicates that CNX may have some problems paying its short term obligations.
With a Quick ratio value of 0.31, CNX is not doing good in the industry: 90.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
CNX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.04%, which is quite impressive.
CNX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.24% yearly.
The Revenue has grown by 17.47% in the past year. This is quite good.
Measured over the past years, CNX shows a decrease in Revenue. The Revenue has been decreasing by -4.06% on average per year.
EPS 1Y (TTM)28.04%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%19.51%
Revenue 1Y (TTM)17.47%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%37.63%
3.2 Future
CNX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.27% yearly.
CNX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.93% yearly.
EPS Next Y22.1%
EPS Next 2Y18.82%
EPS Next 3Y33.03%
EPS Next 5Y27.27%
Revenue Next Year22.26%
Revenue Next 2Y13.02%
Revenue Next 3Y12.93%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CNX is valuated correctly with a Price/Earnings ratio of 15.20.
CNX's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.89. CNX is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 14.55, which indicates a correct valuation of CNX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNX is on the same level as its industry peers.
CNX is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.2 | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNX is valued a bit cheaper than the industry average as 67.62% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNX indicates a rather cheap valuation: CNX is cheaper than 80.48% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.05 | ||
| EV/EBITDA | 6.31 |
4.3 Compensation for Growth
CNX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CNX's earnings are expected to grow with 33.03% in the coming years.
PEG (NY)0.69
PEG (5Y)1.07
EPS Next 2Y18.82%
EPS Next 3Y33.03%
5. Dividend
5.1 Amount
CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
36.78
-0.02 (-0.05%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners100.93%
Inst Owner Change-1.25%
Ins Owners4.51%
Ins Owner Change0.03%
Market Cap5.20B
Revenue(TTM)1.84B
Net Income(TTM)292.29M
Analysts50.91
Price Target32.4 (-11.91%)
Short Float %19.47%
Short Ratio14.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)38.9%
Min EPS beat(2)30.22%
Max EPS beat(2)47.59%
EPS beat(4)4
Avg EPS beat(4)36.84%
Min EPS beat(4)20.86%
Max EPS beat(4)48.69%
EPS beat(8)8
Avg EPS beat(8)43.17%
EPS beat(12)11
Avg EPS beat(12)44.64%
EPS beat(16)12
Avg EPS beat(16)21.22%
Revenue beat(2)2
Avg Revenue beat(2)65.22%
Min Revenue beat(2)26.28%
Max Revenue beat(2)104.15%
Revenue beat(4)2
Avg Revenue beat(4)-5.55%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)4
Avg Revenue beat(8)12.22%
Revenue beat(12)7
Avg Revenue beat(12)36.34%
Revenue beat(16)11
Avg Revenue beat(16)47.25%
PT rev (1m)1.72%
PT rev (3m)-0.72%
EPS NQ rev (1m)-14.54%
EPS NQ rev (3m)-30.9%
EPS NY rev (1m)3.17%
EPS NY rev (3m)6.23%
Revenue NQ rev (1m)-0.73%
Revenue NQ rev (3m)-6.29%
Revenue NY rev (1m)1.36%
Revenue NY rev (3m)11.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.2 | ||
| Fwd PE | 14.55 | ||
| P/S | 2.83 | ||
| P/FCF | 9.05 | ||
| P/OCF | 5.2 | ||
| P/B | 1.26 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 6.31 |
EPS(TTM)2.42
EY6.58%
EPS(NY)2.53
Fwd EY6.87%
FCF(TTM)4.06
FCFY11.05%
OCF(TTM)7.08
OCFY19.24%
SpS13.01
BVpS29.1
TBVpS26.4
PEG (NY)0.69
PEG (5Y)1.07
Graham Number39.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 7.1% | ||
| ROCE | 8.67% | ||
| ROIC | 6.71% | ||
| ROICexc | 6.72% | ||
| ROICexgc | 7.06% | ||
| OM | 36.96% | ||
| PM (TTM) | 15.89% | ||
| GM | 70.08% | ||
| FCFM | 31.24% |
ROA(3y)5.74%
ROA(5y)1.01%
ROE(3y)10.81%
ROE(5y)1.6%
ROIC(3y)10.96%
ROIC(5y)N/A
ROICexc(3y)10.99%
ROICexc(5y)N/A
ROICexgc(3y)11.63%
ROICexgc(5y)N/A
ROCE(3y)14.16%
ROCE(5y)N/A
ROICexgc growth 3Y-46.19%
ROICexgc growth 5Y-4.58%
ROICexc growth 3Y-46.11%
ROICexc growth 5Y-3.49%
OM growth 3Y-33.34%
OM growth 5Y-2.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.84%
GM growth 5Y-3.14%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 76.45% | ||
| Cap/Sales | 23.16% | ||
| Interest Coverage | 4.45 | ||
| Cash Conversion | 80.89% | ||
| Profit Quality | 196.6% | ||
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 1.31 |
F-Score6
WACC8.07%
ROIC/WACC0.83
Cap/Depr(3y)130.2%
Cap/Depr(5y)115.63%
Cap/Sales(3y)35.83%
Cap/Sales(5y)35.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.04%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%19.51%
EPS Next Y22.1%
EPS Next 2Y18.82%
EPS Next 3Y33.03%
EPS Next 5Y27.27%
Revenue 1Y (TTM)17.47%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%37.63%
Revenue Next Year22.26%
Revenue Next 2Y13.02%
Revenue Next 3Y12.93%
Revenue Next 5YN/A
EBIT growth 1Y215.7%
EBIT growth 3Y-45.54%
EBIT growth 5Y-6.23%
EBIT Next Year234.77%
EBIT Next 3Y61.72%
EBIT Next 5Y46.63%
FCF growth 1Y63.78%
FCF growth 3Y-15.74%
FCF growth 5YN/A
OCF growth 1Y-8.67%
OCF growth 3Y-4.15%
OCF growth 5Y-3.61%
CNX RESOURCES CORP / CNX FAQ
What is the ChartMill fundamental rating of CNX RESOURCES CORP (CNX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CNX.
What is the valuation status for CNX stock?
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 4 / 10.
What is the valuation of CNX RESOURCES CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CNX RESOURCES CORP (CNX) is 15.2 and the Price/Book (PB) ratio is 1.26.
Can you provide the expected EPS growth for CNX stock?
The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to grow by 22.1% in the next year.