CNX RESOURCES CORP (CNX) Fundamental Analysis & Valuation

NYSE:CNX • US12653C1080

Current stock price

40.01 USD
-0.37 (-0.92%)
At close:
40.62 USD
+0.61 (+1.52%)
Pre-Market:

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

  • CNX had positive earnings in the past year.
  • 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

  • CNX has a Return On Assets of 6.96%. This is in the better half of the industry: CNX outperforms 75.12% of its industry peers.
  • With a decent Return On Equity value of 14.60%, CNX is doing good in the industry, outperforming 74.64% of the companies in the same industry.
  • CNX has a Return On Invested Capital of 7.71%. This is in the better half of the industry: CNX outperforms 71.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CNX is significantly below the industry average of 23.05%.
  • The 3 year average ROIC (4.26%) for CNX is below the current ROIC(7.71%), indicating increased profibility in the last year.
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 has a Profit Margin of 32.32%. This is amongst the best in the industry. CNX outperforms 88.04% of its industry peers.
  • With an excellent Operating Margin value of 39.79%, CNX belongs to the best of the industry, outperforming 88.04% of the companies in the same industry.
  • CNX's Operating Margin has declined in the last couple of years.
  • With an excellent Gross Margin value of 71.60%, CNX belongs to the best of the industry, outperforming 82.78% of the companies in the same industry.
  • CNX's Gross Margin has improved in the last couple of years.
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

  • CNX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying 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 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

  • Based on the Altman-Z score of 1.44, we must say that CNX is in the distress zone and has some risk of bankruptcy.
  • CNX's Altman-Z score of 1.44 is in line compared to the rest of the industry. CNX outperforms 49.76% of its industry peers.
  • 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 69.86% of the companies in the same industry.
  • A Debt/Equity ratio of 0.52 indicates that CNX is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.52, CNX perfoms like the industry average, outperforming 49.76% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.52
Debt/FCF 4.59
Altman-Z 1.44
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

  • CNX has a Current 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 Current ratio of 0.44. This is amonst the worse of the industry: CNX underperforms 85.65% 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.
  • With a Quick ratio value of 0.41, CNX is not doing good in the industry: 85.17% of the companies in the same industry are doing better.
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

  • The Earnings Per Share has grown by an impressive 40.78% over the past year.
  • 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%.
  • The Revenue has been growing by 14.34% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, CNX will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.87% on average per year.
  • The Revenue is expected to grow by 6.92% on average over the next years.
EPS Next Y6.21%
EPS Next 2Y27.57%
EPS Next 3Y16.87%
EPS Next 5YN/A
Revenue Next Year4.02%
Revenue Next 2Y6.92%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • 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.
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 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 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

  • The Price/Earnings ratio is 15.88, which indicates a correct valuation of CNX.
  • Based on the Price/Earnings ratio, CNX is valued a bit cheaper than the industry average as 67.46% of the companies are valued more expensively.
  • CNX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.23.
  • CNX is valuated correctly with a Price/Forward Earnings ratio of 14.95.
  • Based on the Price/Forward Earnings ratio, CNX is valued a bit cheaper than the industry average as 70.81% of the companies are valued more expensively.
  • CNX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.51.
Industry RankSector Rank
PE 15.88
Fwd PE 14.95
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

  • 78.47% of the companies in the same industry are more expensive than CNX, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNX indicates a rather cheap valuation: CNX is cheaper than 84.21% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 10.67
EV/EBITDA 6.02
CNX Per share dataCNX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • CNX has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CNX's earnings are expected to grow with 16.87% in the coming years.
PEG (NY)2.56
PEG (5Y)0.77
EPS Next 2Y27.57%
EPS Next 3Y16.87%

More info and screens

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

0

5. CNX Dividend Analysis

5.1 Amount

  • CNX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CNX Fundamentals: All Metrics, Ratios and Statistics

CNX RESOURCES CORP

NYSE:CNX (3/26/2026, 8:12:52 PM)

Premarket: 40.62 +0.61 (+1.52%)

40.01

-0.37 (-0.92%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners95.44%
Inst Owner Change-1.61%
Ins Owners2.73%
Ins Owner Change0.74%
Market Cap5.70B
Revenue(TTM)1.96B
Net Income(TTM)633.16M
Analysts50.48
Price Target37.15 (-7.15%)
Short Float %13.33%
Short Ratio7.66
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)0.94%
PT rev (3m)8.02%
EPS NQ rev (1m)12.6%
EPS NQ rev (3m)17.28%
EPS NY rev (1m)7.71%
EPS NY rev (3m)4.26%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)1.91%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)0.19%
Valuation
Industry RankSector Rank
PE 15.88
Fwd PE 14.95
P/S 2.91
P/FCF 10.67
P/OCF 5.54
P/B 1.31
P/tB 1.44
EV/EBITDA 6.02
EPS(TTM)2.52
EY6.3%
EPS(NY)2.68
Fwd EY6.69%
FCF(TTM)3.75
FCFY9.37%
OCF(TTM)7.23
OCFY18.06%
SpS13.76
BVpS30.46
TBVpS27.79
PEG (NY)2.56
PEG (5Y)0.77
Graham Number41.56
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 1.44
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 Y6.21%
EPS Next 2Y27.57%
EPS Next 3Y16.87%
EPS Next 5YN/A
Revenue 1Y (TTM)23.54%
Revenue growth 3Y-20.08%
Revenue growth 5Y14.34%
Sales Q2Q%346.99%
Revenue Next Year4.02%
Revenue Next 2Y6.92%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y253.48%
EBIT growth 3Y-33.01%
EBIT growth 5YN/A
EBIT Next Year107.73%
EBIT Next 3Y34.18%
EBIT Next 5YN/A
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.


Can you provide the valuation status for CNX RESOURCES CORP?

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 7 / 10.


What is the financial health of CNX RESOURCES CORP (CNX) stock?

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


What is the expected EPS growth for CNX RESOURCES CORP (CNX) stock?

The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to grow by 6.21% in the next year.