CSX CORP (CSX)
US1264081035 - Common Stock
CSX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 38 industry peers in the Ground Transportation industry. While CSX has a great profitability rating, there are some minor concerns on its financial health. CSX is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CSX was profitable.
In the past year CSX had a positive cash flow from operations.
CSX had positive earnings in each of the past 5 years.
In the past 5 years CSX always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 8.41%, CSX is doing good in the industry, outperforming 76.32% of the companies in the same industry.
CSX's Return On Equity of 28.02% is amongst the best of the industry. CSX outperforms 89.47% of its industry peers.
CSX has a Return On Invested Capital of 10.27%. This is in the better half of the industry: CSX outperforms 76.32% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSX is in line with the industry average of 11.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 28.02% | ||
| ROIC | 10.27% |
ROA(3y)9.36%
ROA(5y)8.74%
ROE(3y)30.69%
ROE(5y)28.26%
ROIC(3y)10.77%
ROIC(5y)10.29%
1.3 Margins
CSX has a better Profit Margin (24.68%) than 89.47% of its industry peers.
In the last couple of years the Profit Margin of CSX has remained more or less at the same level.
Looking at the Operating Margin, with a value of 37.08%, CSX belongs to the top of the industry, outperforming 92.11% of the companies in the same industry.
In the last couple of years the Operating Margin of CSX has remained more or less at the same level.
CSX's Gross Margin of 72.40% is fine compared to the rest of the industry. CSX outperforms 78.95% of its industry peers.
CSX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.08% | ||
| PM (TTM) | 24.68% | ||
| GM | 72.4% |
OM growth 3Y-2.92%
OM growth 5Y-0.65%
PM growth 3Y-1.01%
PM growth 5Y-1.26%
GM growth 3Y-3.15%
GM growth 5Y-0.99%
2. Health
2.1 Basic Checks
CSX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CSX has less shares outstanding
The number of shares outstanding for CSX has been reduced compared to 5 years ago.
CSX has a worse debt/assets ratio than last year.
2.2 Solvency
CSX has an Altman-Z score of 2.45. This is not the best score and indicates that CSX is in the grey zone with still only limited risk for bankruptcy at the moment.
CSX has a Altman-Z score (2.45) which is comparable to the rest of the industry.
CSX has a debt to FCF ratio of 6.23. This is a slightly negative value and a sign of low solvency as CSX would need 6.23 years to pay back of all of its debts.
The Debt to FCF ratio of CSX (6.23) is better than 68.42% of its industry peers.
CSX has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.43, CSX is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 6.23 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.31
WACC7.85%
2.3 Liquidity
CSX has a Current Ratio of 1.39. This is a normal value and indicates that CSX is financially healthy and should not expect problems in meeting its short term obligations.
CSX's Current ratio of 1.39 is fine compared to the rest of the industry. CSX outperforms 68.42% of its industry peers.
CSX has a Quick Ratio of 1.23. This is a normal value and indicates that CSX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.23, CSX perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
CSX shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
CSX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.47% yearly.
Looking at the last year, CSX shows a decrease in Revenue. The Revenue has decreased by -0.18% in the last year.
CSX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.65% yearly.
EPS 1Y (TTM)0%
EPS 3Y14.78%
EPS 5Y7.47%
EPS Q2Q%9.52%
Revenue 1Y (TTM)-0.18%
Revenue growth 3Y11.47%
Revenue growth 5Y3.65%
Sales Q2Q%1.32%
3.2 Future
The Earnings Per Share is expected to grow by 8.72% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.69% on average over the next years.
EPS Next Y1.34%
EPS Next 2Y5.59%
EPS Next 3Y7.42%
EPS Next 5Y8.72%
Revenue Next Year0.01%
Revenue Next 2Y1.68%
Revenue Next 3Y2.45%
Revenue Next 5Y3.69%
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.
When comparing the Revenue 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
A Price/Earnings ratio of 19.00 indicates a rather expensive valuation of CSX.
Based on the Price/Earnings ratio, CSX is valued cheaper than 81.58% of the companies in the same industry.
When comparing the Price/Earnings ratio of CSX to the average of the S&P500 Index (28.96), we can say CSX is valued slightly cheaper.
CSX is valuated rather expensively with a Price/Forward Earnings ratio of 17.23.
76.32% of the companies in the same industry are more expensive than CSX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CSX to the average of the S&P500 Index (23.82), we can say CSX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 17.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CSX indicates a somewhat cheap valuation: CSX is cheaper than 63.16% of the companies listed in the same industry.
94.74% of the companies in the same industry are more expensive than CSX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.89 | ||
| EV/EBITDA | 11.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CSX does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of CSX may justify a higher PE ratio.
PEG (NY)14.14
PEG (5Y)2.54
EPS Next 2Y5.59%
EPS Next 3Y7.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.35%, CSX has a reasonable but not impressive dividend return.
CSX's Dividend Yield is a higher than the industry average which is at 1.64.
CSX's Dividend Yield is slightly below the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
On average, the dividend of CSX grows each year by 8.38%, which is quite nice.
CSX has been paying a dividend for at least 10 years, so it has a reliable track record.
CSX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.38%
Div Incr Years19
Div Non Decr Years21
5.3 Sustainability
CSX pays out 25.28% of its income as dividend. This is a sustainable payout ratio.
The dividend of CSX is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP25.28%
EPS Next 2Y5.59%
EPS Next 3Y7.42%
CSX CORP
NASDAQ:CSX (11/21/2024, 5:48:54 PM)
After market: 35.37 +0.03 (+0.08%)35.34
+0.77 (+2.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap68.15B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
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 | 19 | ||
| Fwd PE | 17.23 | ||
| 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)14.14
PEG (5Y)2.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 28.02% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 37.08% | ||
| PM (TTM) | 24.68% | ||
| GM | 72.4% | ||
| 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 Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.23 | ||
| 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)0%
EPS 3Y14.78%
EPS 5Y
EPS Q2Q%
EPS Next Y1.34%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.18%
Revenue growth 3Y11.47%
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