CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA - NYSE:CNX - US12653C1080 - Common Stock
32.69 USD
-0.05 (-0.15%)
32.69 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CNX. CNX was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. CNX has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
CNX had negative earnings in 4 of the past 5 years.
In the past 5 years CNX always reported a positive cash flow from operatings.
1.2 Ratios
CNX has a Return On Assets of 1.73%. This is comparable to the rest of the industry: CNX outperforms 40.19% of its industry peers.
CNX has a Return On Equity (3.80%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 5.80%, CNX perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
CNX had an Average Return On Invested Capital over the past 3 years of 10.96%. This is significantly below the industry average of 21.61%.
The 3 year average ROIC (10.96%) for CNX is well above the current ROIC(5.80%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.8% | ||
| ROIC | 5.8% |
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's Profit Margin of 9.07% is in line compared to the rest of the industry. CNX outperforms 53.11% of its industry peers.
CNX has a Operating Margin of 33.98%. This is amongst the best in the industry. CNX outperforms 81.82% of its industry peers.
In the last couple of years the Operating Margin of CNX has declined.
With a decent Gross Margin value of 67.61%, CNX is doing good in the industry, outperforming 74.16% of the companies in the same industry.
CNX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.98% | ||
| PM (TTM) | 9.07% | ||
| GM | 67.61% |
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.
CNX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CNX has less shares outstanding
Compared to 1 year ago, CNX has about the same debt to assets ratio.
2.2 Solvency
CNX has an Altman-Z score of 1.14. 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 1.14 is in line compared to the rest of the industry. CNX outperforms 46.41% of its industry peers.
The Debt to FCF ratio of CNX is 5.59, which is a neutral value as it means it would take CNX, 5.59 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.59, CNX is doing good in the industry, outperforming 61.72% of the companies in the same industry.
A Debt/Equity ratio of 0.56 indicates that CNX is somewhat dependend on debt financing.
CNX has a Debt to Equity ratio (0.56) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.59 | ||
| Altman-Z | 1.14 |
ROIC/WACC0.71
WACC8.17%
2.3 Liquidity
CNX has a Current Ratio of 0.33. 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 Current ratio of 0.33 is on the low side compared to the rest of the industry. CNX is outperformed by 91.39% of its industry peers.
A Quick Ratio of 0.30 indicates that CNX may have some problems paying its short term obligations.
With a Quick ratio value of 0.30, CNX is not doing good in the industry: 91.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
CNX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.87%, which is quite impressive.
Measured over the past years, CNX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.24% on average per year.
CNX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.05%.
The Revenue has been decreasing by -4.06% on average over the past years.
EPS 1Y (TTM)27.87%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%61.11%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%199.41%
3.2 Future
Based on estimates for the next years, CNX will show a very strong growth in Earnings Per Share. The EPS will grow by 35.61% on average per year.
Based on estimates for the next years, CNX will show a quite strong growth in Revenue. The Revenue will grow by 12.81% on average per year.
EPS Next Y15.21%
EPS Next 2Y20.33%
EPS Next 3Y35.61%
EPS Next 5YN/A
Revenue Next Year20.37%
Revenue Next 2Y13.05%
Revenue Next 3Y12.81%
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 accelerating.
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
Based on the Price/Earnings ratio of 13.97, the valuation of CNX can be described as correct.
CNX's Price/Earnings ratio is in line with the industry average.
CNX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
CNX is valuated correctly with a Price/Forward Earnings ratio of 12.61.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNX is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.92. CNX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 12.61 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNX is valued a bit cheaper than the industry average as 65.55% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CNX is valued a bit cheaper than 78.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.8 | ||
| EV/EBITDA | 6.53 |
4.3 Compensation for Growth
The 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 35.61% in the coming years.
PEG (NY)0.92
PEG (5Y)0.98
EPS Next 2Y20.33%
EPS Next 3Y35.61%
5. Dividend
5.1 Amount
CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
32.69
-0.05 (-0.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners100.93%
Inst Owner Change0.53%
Ins Owners4.51%
Ins Owner Change0.25%
Market Cap4.62B
Revenue(TTM)1.72B
Net Income(TTM)155.72M
Analysts50.91
Price Target31.86 (-2.54%)
Short Float %19.61%
Short Ratio14.93
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)25.54%
Min EPS beat(2)20.86%
Max EPS beat(2)30.22%
EPS beat(4)4
Avg EPS beat(4)30.52%
Min EPS beat(4)20.86%
Max EPS beat(4)48.69%
EPS beat(8)8
Avg EPS beat(8)38.33%
EPS beat(12)10
Avg EPS beat(12)26.6%
EPS beat(16)12
Avg EPS beat(16)26.04%
Revenue beat(2)1
Avg Revenue beat(2)9.96%
Min Revenue beat(2)-84.24%
Max Revenue beat(2)104.15%
Revenue beat(4)2
Avg Revenue beat(4)-10.26%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)3
Avg Revenue beat(8)7.59%
Revenue beat(12)7
Avg Revenue beat(12)43.2%
Revenue beat(16)11
Avg Revenue beat(16)48.05%
PT rev (1m)-0.33%
PT rev (3m)-1.38%
EPS NQ rev (1m)-11.56%
EPS NQ rev (3m)-27.12%
EPS NY rev (1m)-2.65%
EPS NY rev (3m)0.24%
Revenue NQ rev (1m)1.28%
Revenue NQ rev (3m)-7.01%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)18.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 12.61 | ||
| P/S | 2.69 | ||
| P/FCF | 9.8 | ||
| P/OCF | 4.93 | ||
| P/B | 1.13 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 6.53 |
EPS(TTM)2.34
EY7.16%
EPS(NY)2.59
Fwd EY7.93%
FCF(TTM)3.34
FCFY10.21%
OCF(TTM)6.63
OCFY20.27%
SpS12.13
BVpS28.94
TBVpS26.23
PEG (NY)0.92
PEG (5Y)0.98
Graham Number39.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.8% | ||
| ROCE | 7.49% | ||
| ROIC | 5.8% | ||
| ROICexc | 5.8% | ||
| ROICexgc | 6.1% | ||
| OM | 33.98% | ||
| PM (TTM) | 9.07% | ||
| GM | 67.61% | ||
| FCFM | 27.49% |
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 Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.59 | ||
| Debt/EBITDA | 2.07 | ||
| Cap/Depr | 87.91% | ||
| Cap/Sales | 27.11% | ||
| Interest Coverage | 4.03 | ||
| Cash Conversion | 84.24% | ||
| Profit Quality | 303% | ||
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 1.14 |
F-Score6
WACC8.17%
ROIC/WACC0.71
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)27.87%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%61.11%
EPS Next Y15.21%
EPS Next 2Y20.33%
EPS Next 3Y35.61%
EPS Next 5YN/A
Revenue 1Y (TTM)11.05%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%199.41%
Revenue Next Year20.37%
Revenue Next 2Y13.05%
Revenue Next 3Y12.81%
Revenue Next 5YN/A
EBIT growth 1Y186.34%
EBIT growth 3Y-45.54%
EBIT growth 5Y-6.23%
EBIT Next Year234.77%
EBIT Next 3Y61.72%
EBIT Next 5Y49.02%
FCF growth 1Y-1.97%
FCF growth 3Y-15.74%
FCF growth 5YN/A
OCF growth 1Y-18.8%
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 13.97 and the Price/Book (PB) ratio is 1.13.
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 15.21% in the next year.