CSX CORP (CSX)
US1264081035 - Common Stock
Taking everything into account, CSX scores 5 out of 10 in our fundamental rating. CSX was compared to 37 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
CSX had positive earnings in the past year.
In the past year CSX had a positive cash flow from operations.
CSX had positive earnings in each of the past 5 years.
Each year in the past 5 years CSX had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 8.41%, CSX is doing good in the industry, outperforming 75.68% of the companies in the same industry.
With an excellent Return On Equity value of 28.02%, CSX belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
CSX has a Return On Invested Capital of 10.27%. This is in the better half of the industry: CSX outperforms 75.68% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CSX is in line with the industry average of 11.94%.
| 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
Looking at the Profit Margin, with a value of 24.68%, CSX belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
CSX's Profit Margin has been stable in the last couple of years.
CSX's Operating Margin of 37.08% is amongst the best of the industry. CSX outperforms 91.89% of its industry peers.
In the last couple of years the Operating Margin of CSX has remained more or less at the same level.
CSX has a Gross Margin of 72.40%. This is amongst the best in the industry. CSX outperforms 81.08% of its industry peers.
In the last couple of years the Gross Margin of CSX has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CSX is still creating some value.
The number of shares outstanding for CSX has been reduced compared to 1 year ago.
Compared to 5 years ago, CSX has less shares outstanding
Compared to 1 year ago, CSX has a worse debt to assets ratio.
2.2 Solvency
CSX has an Altman-Z score of 2.35. 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.
The Altman-Z score of CSX (2.35) is comparable to the rest of the industry.
The Debt to FCF ratio of CSX is 6.23, which is on the high side as it means it would take CSX, 6.23 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.23, CSX is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
A Debt/Equity ratio of 1.43 is on the high side and indicates that CSX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.43, CSX is doing worse than 72.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 6.23 | ||
| Altman-Z | 2.35 |
ROIC/WACC1.31
WACC7.87%
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 70.27% 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.
CSX's Quick ratio of 1.23 is in line compared to the rest of the industry. CSX outperforms 56.76% of its industry peers.
| 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
CSX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 8.00% yearly.
CSX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.22% yearly.
EPS Next Y1.22%
EPS Next 2Y5.33%
EPS Next 3Y7.42%
EPS Next 5Y8%
Revenue Next Year-0.03%
Revenue Next 2Y1.57%
Revenue Next 3Y2.5%
Revenue Next 5Y3.22%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.12, CSX is valued on the expensive side.
CSX's Price/Earnings ratio is a bit cheaper when compared to the industry. CSX is cheaper than 78.38% of the companies in the same industry.
CSX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.60 indicates a correct valuation of CSX.
CSX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CSX is cheaper than 75.68% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.73. CSX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 15.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSX is valued a bit cheaper than 67.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CSX is valued cheaply inside the industry as 89.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.63 | ||
| EV/EBITDA | 11.03 |
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)14.02
PEG (5Y)2.29
EPS Next 2Y5.33%
EPS Next 3Y7.42%
5. Dividend
5.1 Amount
CSX has a Yearly Dividend Yield of 1.52%.
CSX's Dividend Yield is rather good when compared to the industry average which is at 1.31. CSX pays more dividend than 83.78% of the companies in the same industry.
CSX's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
5.2 History
The dividend of CSX is nicely growing with an annual growth rate of 8.38%!
CSX has paid a dividend for at least 10 years, which is 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 Years20
Div Non Decr Years22
5.3 Sustainability
25.28% of the earnings are spent on dividend by CSX. This is a low number and sustainable payout ratio.
The dividend of CSX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP25.28%
EPS Next 2Y5.33%
EPS Next 3Y7.42%
CSX CORP
NASDAQ:CSX (12/20/2024, 8:04:15 PM)
After market: 31.9794 +0.13 (+0.41%)31.85
+0.27 (+0.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners77.87%
Inst Owner Change0.21%
Ins Owners0.1%
Ins Owner Change-0.97%
Market Cap61.42B
Analysts77.5
Price Target39.66 (24.52%)
Short Float %1.5%
Short Ratio2.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
Dividend Growth(5Y)8.38%
DP25.28%
Div Incr Years20
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.42%
Min EPS beat(2)-4.49%
Max EPS beat(2)1.65%
EPS beat(4)3
Avg EPS beat(4)-0.33%
Min EPS beat(4)-4.49%
Max EPS beat(4)1.65%
EPS beat(8)5
Avg EPS beat(8)0.76%
EPS beat(12)9
Avg EPS beat(12)2.18%
EPS beat(16)12
Avg EPS beat(16)2.73%
Revenue beat(2)0
Avg Revenue beat(2)-1.73%
Min Revenue beat(2)-2.45%
Max Revenue beat(2)-1.02%
Revenue beat(4)1
Avg Revenue beat(4)-0.9%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)0.41%
Revenue beat(8)2
Avg Revenue beat(8)-0.54%
Revenue beat(12)6
Avg Revenue beat(12)0.54%
Revenue beat(16)10
Avg Revenue beat(16)0.94%
PT rev (1m)1%
PT rev (3m)0.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.83%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)-4.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.91%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 15.6 | ||
| P/S | 4.18 | ||
| P/FCF | 20.63 | ||
| P/OCF | 11.46 | ||
| P/B | 4.75 | ||
| P/tB | 4.96 | ||
| EV/EBITDA | 11.03 |
EPS(TTM)1.86
EY5.84%
EPS(NY)2.04
Fwd EY6.41%
FCF(TTM)1.54
FCFY4.85%
OCF(TTM)2.78
OCFY8.73%
SpS7.61
BVpS6.71
TBVpS6.42
PEG (NY)14.02
PEG (5Y)2.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 28.02% | ||
| ROCE | 13.44% | ||
| ROIC | 10.27% | ||
| ROICexc | 10.71% | ||
| ROICexgc | 10.87% | ||
| OM | 37.08% | ||
| PM (TTM) | 24.68% | ||
| GM | 72.4% | ||
| FCFM | 20.28% |
ROA(3y)9.36%
ROA(5y)8.74%
ROE(3y)30.69%
ROE(5y)28.26%
ROIC(3y)10.77%
ROIC(5y)10.29%
ROICexc(3y)11.34%
ROICexc(5y)10.91%
ROICexgc(3y)11.52%
ROICexgc(5y)11.02%
ROCE(3y)14.09%
ROCE(5y)13.46%
ROICexcg growth 3Y6.13%
ROICexcg growth 5Y1.23%
ROICexc growth 3Y5.34%
ROICexc growth 5Y0.77%
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%
F-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 6.23 | ||
| Debt/EBITDA | 2.61 | ||
| Cap/Depr | 144.1% | ||
| Cap/Sales | 16.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.52% | ||
| Profit Quality | 82.17% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 2.35 |
F-Score6
WACC7.87%
ROIC/WACC1.31
Cap/Depr(3y)136.64%
Cap/Depr(5y)130.06%
Cap/Sales(3y)14.74%
Cap/Sales(5y)14.69%
Profit Quality(3y)86.38%
Profit Quality(5y)90.07%
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y14.78%
EPS 5Y7.47%
EPS Q2Q%9.52%
EPS Next Y1.22%
EPS Next 2Y5.33%
EPS Next 3Y7.42%
EPS Next 5Y8%
Revenue 1Y (TTM)-0.18%
Revenue growth 3Y11.47%
Revenue growth 5Y3.65%
Sales Q2Q%1.32%
Revenue Next Year-0.03%
Revenue Next 2Y1.57%
Revenue Next 3Y2.5%
Revenue Next 5Y3.22%
EBIT growth 1Y-3.13%
EBIT growth 3Y8.21%
EBIT growth 5Y2.98%
EBIT Next Year27.74%
EBIT Next 3Y12.66%
EBIT Next 5Y9.38%
FCF growth 1Y-15.59%
FCF growth 3Y7.41%
FCF growth 5Y2.45%
OCF growth 1Y-3.18%
OCF growth 3Y9.19%
OCF growth 5Y3.64%