CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:CNX • US12653C1080
37.285 USD
-1.52 (-3.9%)
Last: Feb 2, 2026, 09:47 AM
Taking everything into account, CNX scores 4 out of 10 in our fundamental rating. CNX was compared to 207 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CNX was profitable.
- In the past year CNX had a positive cash flow from operations.
- In the past 5 years CNX reported 4 times negative net income.
- Of the past 5 years CNX 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.28%, CNX is in line with its industry, outperforming 50.24% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 7.10%, CNX is in line with its industry, outperforming 48.79% of the companies in the same industry.
- CNX's Return On Invested Capital of 6.71% is fine compared to the rest of the industry. CNX outperforms 61.35% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CNX is significantly below the industry average of 21.94%.
- 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 has a better Profit Margin (15.89%) than 69.08% of its industry peers.
- CNX's Operating Margin of 36.96% is amongst the best of the industry. CNX outperforms 86.96% of its industry peers.
- In the last couple of years the Operating Margin of CNX has declined.
- The Gross Margin of CNX (70.08%) is better than 78.74% of its industry peers.
- In the last couple of years the Gross Margin of CNX has declined.
| 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
- 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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of 1.31, we must say that CNX is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.31, CNX is in line with its industry, outperforming 50.72% of the companies in the same industry.
- The Debt to FCF ratio of CNX is 4.54, which is a neutral value as it means it would take CNX, 4.54 years of fcf income to pay off all of its debts.
- CNX's Debt to FCF ratio of 4.54 is fine compared to the rest of the industry. CNX outperforms 66.67% of its industry peers.
- CNX has a Debt/Equity ratio of 0.55. This is a neutral value indicating CNX is somewhat dependend on debt financing.
- CNX has a Debt to Equity ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.81
WACC8.25%
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.
- The Current ratio of CNX (0.34) is worse than 89.37% of its industry peers.
- 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 88.89% 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 41.34%, 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 20.64% on average per year.
EPS 1Y (TTM)41.34%
EPS 3Y0.26%
EPS 5Y20.64%
EPS Q2Q%19.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%206.79%
3.2 Future
- CNX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.90% yearly.
- The Revenue is expected to grow by 7.34% on average over the next years.
EPS Next Y-4.06%
EPS Next 2Y29.09%
EPS Next 3Y22.9%
EPS Next 5YN/A
Revenue Next Year1.41%
Revenue Next 2Y7.34%
Revenue Next 3YN/A
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 14.74, which indicates a correct valuation of CNX.
- The rest of the industry has a similar Price/Earnings ratio as CNX.
- CNX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- CNX is valuated correctly with a Price/Forward Earnings ratio of 15.36.
- CNX's Price/Forward Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, CNX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.74 | ||
| Fwd PE | 15.36 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CNX indicates a somewhat cheap valuation: CNX is cheaper than 68.60% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, CNX is valued cheaper than 83.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.75 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as CNX's earnings are expected to grow with 22.90% in the coming years.
PEG (NY)N/A
PEG (5Y)0.71
EPS Next 2Y29.09%
EPS Next 3Y22.9%
5. Dividend
5.1 Amount
- CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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.
Can you provide the valuation status for CNX RESOURCES CORP?
ChartMill assigns a valuation rating of 5 / 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 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 decline by -4.06% in the next year.