CNX RESOURCES CORP (CNX)
US12653C1080 - Common Stock
Overall CNX gets a fundamental rating of 3 out of 10. We evaluated CNX against 204 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 has a expensive valuation and it also scores bad on growth.
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.
Each year in the past 5 years CNX had a positive operating cash flow.
1.2 Ratios
CNX's Return On Assets of 6.73% is in line compared to the rest of the industry. CNX outperforms 59.11% of its industry peers.
CNX has a Return On Equity of 13.51%. This is comparable to the rest of the industry: CNX outperforms 56.16% of its industry peers.
With a Return On Invested Capital value of 2.18%, CNX is not doing good in the industry: 76.85% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CNX is significantly below the industry average of 22.54%.
The 3 year average ROIC (14.43%) for CNX is well above the current ROIC(2.18%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.73% | ||
| ROE | 13.51% | ||
| ROIC | 2.18% |
ROA(3y)4.04%
ROA(5y)1.04%
ROE(3y)7.06%
ROE(5y)1.66%
ROIC(3y)14.43%
ROIC(5y)N/A
1.3 Margins
CNX has a better Profit Margin (36.72%) than 86.21% of its industry peers.
In the last couple of years the Profit Margin of CNX has grown nicely.
With a Operating Margin value of 13.75%, CNX is not doing good in the industry: 60.10% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of CNX has declined.
CNX has a Gross Margin of 56.21%. This is in the better half of the industry: CNX outperforms 63.05% of its industry peers.
CNX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.75% | ||
| PM (TTM) | 36.72% | ||
| GM | 56.21% |
OM growth 3YN/A
OM growth 5Y-20.13%
PM growth 3YN/A
PM growth 5Y22.17%
GM growth 3Y3.01%
GM growth 5Y-3.39%
2. Health
2.1 Basic Checks
CNX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, CNX has less shares outstanding
CNX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CNX has an improved debt to assets ratio.
2.2 Solvency
CNX has an Altman-Z score of 1.35. 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 1.35 is in line compared to the rest of the industry. CNX outperforms 44.34% of its industry peers.
CNX has a debt to FCF ratio of 13.88. This is a negative value and a sign of low solvency as CNX would need 13.88 years to pay back of all of its debts.
The Debt to FCF ratio of CNX (13.88) is worse than 60.59% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that CNX is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.46, CNX perfoms like the industry average, outperforming 49.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 13.88 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.28
WACC7.87%
2.3 Liquidity
CNX has a Current Ratio of 0.37. 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 Current ratio of 0.37. This is amonst the worse of the industry: CNX underperforms 92.12% of its industry peers.
CNX has a Quick Ratio of 0.37. 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 Quick ratio of 0.36. This is amonst the worse of the industry: CNX underperforms 90.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for CNX have decreased strongly by -33.45% in the last year.
The Earnings Per Share has been growing slightly by 6.58% on average over the past years.
The Revenue for CNX has decreased by -33.53% in the past year. This is quite bad
Measured over the past years, CNX shows a decrease in Revenue. The Revenue has been decreasing by -4.51% on average per year.
EPS 1Y (TTM)-33.45%
EPS 3Y23.61%
EPS 5Y6.58%
EPS Q2Q%17.14%
Revenue 1Y (TTM)-33.53%
Revenue growth 3Y11.15%
Revenue growth 5Y-4.51%
Sales Q2Q%21.03%
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 11.28% on average per year.
CNX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.02% yearly.
EPS Next Y-16.51%
EPS Next 2Y-0.96%
EPS Next 3Y11.28%
EPS Next 5YN/A
Revenue Next Year-33.78%
Revenue Next 2Y-12.66%
Revenue Next 3Y-6.02%
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.
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
CNX is valuated rather expensively with a Price/Earnings ratio of 21.50.
Compared to the rest of the industry, the Price/Earnings ratio of CNX indicates a slightly more expensive valuation: CNX is more expensive than 63.55% of the companies listed in the same industry.
CNX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.96.
Based on the Price/Forward Earnings ratio of 22.16, the valuation of CNX can be described as rather expensive.
64.04% of the companies in the same industry are cheaper than CNX, based on the Price/Forward Earnings ratio.
CNX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | 22.16 |
4.2 Price Multiples
CNX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CNX is more expensive than 66.50% of the companies in the same industry.
CNX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.65 | ||
| EV/EBITDA | 12.2 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.27
EPS Next 2Y-0.96%
EPS Next 3Y11.28%
5. Dividend
5.1 Amount
CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CNX RESOURCES CORP
NYSE:CNX (11/21/2024, 8:20:29 PM)
After market: 40.64 0 (0%)40.64
+0.53 (+1.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.07B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | 22.16 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.73% | ||
| ROE | 13.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.75% | ||
| PM (TTM) | 36.72% | ||
| GM | 56.21% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-33.45%
EPS 3Y23.61%
EPS 5Y
EPS Q2Q%
EPS Next Y-16.51%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-33.53%
Revenue growth 3Y11.15%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y