CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CNX - US12653C1080 - Common Stock
38.49 USD
-1.71 (-4.25%)
38.49 USD
0 (0%)
CNX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 209 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 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
CNX has a Return On Assets (3.28%) which is in line with its industry peers.
The Return On Equity of CNX (7.10%) is comparable to the rest of the industry.
CNX has a Return On Invested Capital of 6.71%. This is comparable to the rest of the industry: CNX outperforms 59.81% of 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 20.87%.
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's Profit Margin of 15.89% is fine compared to the rest of the industry. CNX outperforms 68.42% of its industry peers.
CNX has a better Operating Margin (36.96%) than 86.12% of its industry peers.
CNX's Operating Margin has declined in the last couple of years.
CNX has a better Gross Margin (70.08%) than 79.43% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CNX is still creating some value.
Compared to 1 year ago, CNX has less shares outstanding
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
Based on the Altman-Z score of 1.34, we must say that CNX is in the distress zone and has some risk of bankruptcy.
CNX has a Altman-Z score (1.34) which is in line with its industry peers.
CNX has a debt to FCF ratio of 4.54. This is a neutral value as CNX would need 4.54 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.54, CNX is in the better half of the industry, outperforming 67.46% of the companies in the same industry.
A Debt/Equity ratio of 0.55 indicates that CNX is somewhat dependend on debt financing.
CNX has a Debt to Equity ratio (0.55) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 1.34 |
ROIC/WACC0.81
WACC8.32%
2.3 Liquidity
CNX has a Current Ratio of 0.34. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.34, CNX is not doing good in the industry: 90.91% of the companies in the same industry are doing better.
CNX has a Quick Ratio of 0.34. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CNX (0.31) is worse than 90.43% of its industry peers.
| 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.
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.
Looking at the last year, CNX shows a quite strong growth in Revenue. The Revenue has grown by 17.47% in the last year.
The Revenue has been decreasing by -4.06% on average over the past years.
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.
Based on estimates for the next years, CNX will show a quite strong growth in Revenue. The Revenue will grow by 13.21% on average per year.
EPS Next Y23.51%
EPS Next 2Y19.76%
EPS Next 3Y33.83%
EPS Next 5Y27.27%
Revenue Next Year26.99%
Revenue Next 2Y14.16%
Revenue Next 3Y13.21%
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
The Price/Earnings ratio is 15.90, which indicates a correct valuation of CNX.
The rest of the industry has a similar Price/Earnings ratio as CNX.
Compared to an average S&P500 Price/Earnings ratio of 26.54, CNX is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.99 indicates a correct valuation of CNX.
The rest of the industry has a similar Price/Forward Earnings ratio as CNX.
CNX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.9 | ||
| Fwd PE | 14.99 |
4.2 Price Multiples
66.51% of the companies in the same industry are more expensive than CNX, based on the Enterprise Value to EBITDA ratio.
CNX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CNX is cheaper than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.03 | ||
| EV/EBITDA | 6.49 |
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 33.83% in the coming years.
PEG (NY)0.68
PEG (5Y)1.12
EPS Next 2Y19.76%
EPS Next 3Y33.83%
5. Dividend
5.1 Amount
No dividends for CNX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
38.49
-1.71 (-4.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners103.24%
Inst Owner Change-1.95%
Ins Owners2.76%
Ins Owner Change-0.02%
Market Cap5.19B
Revenue(TTM)1.84B
Net Income(TTM)292.29M
Analysts50.91
Price Target34.39 (-10.65%)
Short Float %21.33%
Short Ratio15.04
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)6.12%
PT rev (3m)7.6%
EPS NQ rev (1m)-3.97%
EPS NQ rev (3m)-21.21%
EPS NY rev (1m)1.16%
EPS NY rev (3m)-2.06%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.95%
Revenue NY rev (1m)3.87%
Revenue NY rev (3m)4.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.9 | ||
| Fwd PE | 14.99 | ||
| P/S | 2.82 | ||
| P/FCF | 9.03 | ||
| P/OCF | 5.19 | ||
| P/B | 1.26 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 6.49 |
EPS(TTM)2.42
EY6.29%
EPS(NY)2.57
Fwd EY6.67%
FCF(TTM)4.26
FCFY11.07%
OCF(TTM)7.42
OCFY19.28%
SpS13.64
BVpS30.52
TBVpS27.69
PEG (NY)0.68
PEG (5Y)1.12
Graham Number40.77
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 | 1.34 |
F-Score6
WACC8.32%
ROIC/WACC0.81
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 Y23.51%
EPS Next 2Y19.76%
EPS Next 3Y33.83%
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 Year26.99%
Revenue Next 2Y14.16%
Revenue Next 3Y13.21%
Revenue Next 5YN/A
EBIT growth 1Y215.7%
EBIT growth 3Y-45.54%
EBIT growth 5Y-6.23%
EBIT Next Year233.94%
EBIT Next 3Y61.51%
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 15.9 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 23.51% in the next year.