CNX RESOURCES CORP (CNX) Fundamental Analysis & Valuation

NYSE:CNX • US12653C1080

Current stock price

39.17 USD
+0.65 (+1.69%)
At close:
39.17 USD
0 (0%)
After Hours:

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

  • In the past year CNX was profitable.
  • CNX had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: CNX reported negative net income in multiple years.
  • CNX had a positive operating cash flow in each of the past 5 years.
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

  • With a decent Return On Assets value of 6.96%, CNX is doing good in the industry, outperforming 75.12% of the companies in the same industry.
  • With a decent Return On Equity value of 14.60%, CNX is doing good in the industry, outperforming 75.12% of the companies in the same industry.
  • The Return On Invested Capital of CNX (7.71%) is better than 70.81% 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 22.52%.
  • The last Return On Invested Capital (7.71%) for CNX is above the 3 year average (4.26%), which is a sign of increasing profitability.
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

  • CNX's Profit Margin of 32.32% is amongst the best of the industry. CNX outperforms 88.04% of its industry peers.
  • CNX has a Operating Margin of 39.79%. This is amongst the best in the industry. CNX outperforms 87.08% of its industry peers.
  • In the last couple of years the Operating Margin of CNX has declined.
  • CNX has a Gross Margin of 71.60%. This is amongst the best in the industry. CNX outperforms 81.82% of its industry peers.
  • In the last couple of years the Gross Margin of CNX has grown nicely.
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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CNX is destroying value.
  • Compared to 1 year ago, CNX has less shares outstanding
  • The number of shares outstanding for CNX has been reduced compared to 5 years ago.
  • Compared to 1 year ago, CNX has a worse debt to assets ratio.
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

  • CNX has an Altman-Z score of 1.41. This is a bad value and indicates that CNX is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 1.41, CNX perfoms like the industry average, outperforming 48.80% of the companies in the same industry.
  • The Debt to FCF ratio of CNX is 4.59, which is a neutral value as it means it would take CNX, 4.59 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.59, CNX is in the better half of the industry, outperforming 71.29% of the companies in the same industry.
  • CNX has a Debt/Equity ratio of 0.52. This is a neutral value indicating CNX is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.52, CNX perfoms like the industry average, outperforming 48.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Altman-Z 1.41
ROIC/WACC0.98
WACC7.89%
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

  • A Current Ratio of 0.44 indicates that CNX may have some problems paying its short term obligations.
  • CNX has a Current ratio of 0.44. This is amonst the worse of the industry: CNX underperforms 88.52% 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 has a Quick ratio of 0.41. This is amonst the worse of the industry: CNX underperforms 88.04% 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.
  • Measured over the past years, CNX shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.55% on average per year.
  • CNX shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.54%.
  • 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

  • The Earnings Per Share is expected to grow by 10.43% on average over the next years. This is quite good.
  • CNX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.45% yearly.
EPS Next Y11.59%
EPS Next 2Y28.35%
EPS Next 3Y25.08%
EPS Next 5Y10.43%
Revenue Next Year2.31%
Revenue Next 2Y6.64%
Revenue Next 3Y7.45%
Revenue Next 5YN/A

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • 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 2028 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 2029 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 15.54, the valuation of CNX can be described as correct.
  • CNX's Price/Earnings ratio is a bit cheaper when compared to the industry. CNX is cheaper than 65.55% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.91. CNX is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 13.93, CNX is valued correctly.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CNX indicates a somewhat cheap valuation: CNX is cheaper than 65.55% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.99. CNX is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 15.54
Fwd PE 13.93
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

  • 77.03% 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 86.12% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.42
EV/EBITDA 5.85
CNX Per share dataCNX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of CNX may justify a higher PE ratio.
  • A more expensive valuation may be justified as CNX's earnings are expected to grow with 25.08% in the coming years.
PEG (NY)1.34
PEG (5Y)0.76
EPS Next 2Y28.35%
EPS Next 3Y25.08%

More info and screens

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

0

5. CNX Dividend Analysis

5.1 Amount

  • No dividends for CNX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CNX Fundamentals: All Metrics, Ratios and Statistics

CNX RESOURCES CORP

NYSE:CNX (4/28/2026, 8:22:10 PM)

After market: 39.17 0 (0%)

39.17

+0.65 (+1.69%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-29
Earnings (Next)04-30
Inst Owners95.67%
Inst Owner Change0.01%
Ins Owners2.93%
Ins Owner Change0.77%
Market Cap5.56B
Revenue(TTM)1.96B
Net Income(TTM)633.16M
Analysts49.52
Price Target37.74 (-3.65%)
Short Float %14.18%
Short Ratio8.44
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)1.6%
PT rev (3m)6.58%
EPS NQ rev (1m)6.08%
EPS NQ rev (3m)34.61%
EPS NY rev (1m)5.07%
EPS NY rev (3m)15.85%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)3.87%
Revenue NY rev (1m)-1.64%
Revenue NY rev (3m)0.89%
Valuation
Industry RankSector Rank
PE 15.54
Fwd PE 13.93
P/S 2.84
P/FCF 10.42
P/OCF 5.41
P/B 1.28
P/tB 1.41
EV/EBITDA 5.85
EPS(TTM)2.52
EY6.43%
EPS(NY)2.81
Fwd EY7.18%
FCF(TTM)3.76
FCFY9.6%
OCF(TTM)7.25
OCFY18.5%
SpS13.8
BVpS30.54
TBVpS27.86
PEG (NY)1.34
PEG (5Y)0.76
Graham Number41.6158 (6.24%)
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 1.41
F-Score8
WACC7.89%
ROIC/WACC0.98
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 Y11.59%
EPS Next 2Y28.35%
EPS Next 3Y25.08%
EPS Next 5Y10.43%
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
Revenue Next Year2.31%
Revenue Next 2Y6.64%
Revenue Next 3Y7.45%
Revenue Next 5YN/A
EBIT growth 1Y253.48%
EBIT growth 3Y-33.01%
EBIT growth 5YN/A
EBIT Next Year106.78%
EBIT Next 3Y38.62%
EBIT Next 5Y24.32%
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.


What is the valuation status of CNX RESOURCES CORP (CNX) stock?

ChartMill assigns a valuation rating of 6 / 10 to CNX RESOURCES CORP (CNX). This can be considered as Fairly Valued.


What is the profitability of CNX stock?

CNX RESOURCES CORP (CNX) has a profitability rating of 7 / 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 15.54 and the Price/Book (PB) ratio is 1.28.


How financially healthy is CNX RESOURCES CORP?

The financial health rating of CNX RESOURCES CORP (CNX) is 3 / 10.