CSX CORP (CSX) Stock Fundamental Analysis
USA - NASDAQ:CSX - US1264081035 - Common Stock
34.9 USD
+0.02 (+0.06%)
34.9 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CSX. CSX was compared to 43 industry peers in the Ground Transportation industry. CSX has an excellent profitability rating, but there are 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.
CSX had a positive operating cash flow in the past year.
CSX had positive earnings in each of the past 5 years.
CSX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.71%, CSX is doing good in the industry, outperforming 79.07% of the companies in the same industry.
CSX's Return On Equity of 22.76% is amongst the best of the industry. CSX outperforms 88.37% of its industry peers.
CSX has a better Return On Invested Capital (9.01%) than 83.72% of its industry peers.
CSX had an Average Return On Invested Capital over the past 3 years of 10.70%. This is above the industry average of 7.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.71% | ||
| ROE | 22.76% | ||
| ROIC | 9.01% |
ROA(3y)8.91%
ROA(5y)8.6%
ROE(3y)30.47%
ROE(5y)28.11%
ROIC(3y)10.7%
ROIC(5y)10.22%
1.3 Margins
CSX has a Profit Margin of 20.55%. This is amongst the best in the industry. CSX outperforms 86.05% of its industry peers.
CSX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 33.82%, CSX belongs to the top of the industry, outperforming 90.70% of the companies in the same industry.
CSX's Operating Margin has declined in the last couple of years.
The Gross Margin of CSX (71.17%) is better than 83.72% of its industry peers.
CSX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.82% | ||
| PM (TTM) | 20.55% | ||
| GM | 71.17% |
OM growth 3Y-3.63%
OM growth 5Y-2.08%
PM growth 3Y-7.54%
PM growth 5Y-3.07%
GM growth 3Y-1.48%
GM growth 5Y-1.36%
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.
CSX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CSX has less shares outstanding
CSX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.28 indicates that CSX is not a great score, but indicates only limited risk for bankruptcy at the moment.
CSX has a Altman-Z score (2.28) which is comparable to the rest of the industry.
CSX has a debt to FCF ratio of 12.35. This is a negative value and a sign of low solvency as CSX would need 12.35 years to pay back of all of its debts.
The Debt to FCF ratio of CSX (12.35) is better than 69.77% of its industry peers.
CSX has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
CSX has a worse Debt to Equity ratio (1.45) than 74.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 12.35 | ||
| Altman-Z | 2.28 |
ROIC/WACC1.01
WACC8.89%
2.3 Liquidity
CSX has a Current Ratio of 0.85. This is a bad value and indicates that CSX is not financially healthy enough and could expect problems in meeting its short term obligations.
CSX has a Current ratio of 0.85. This is in the lower half of the industry: CSX underperforms 69.77% of its industry peers.
A Quick Ratio of 0.71 indicates that CSX may have some problems paying its short term obligations.
CSX has a Quick ratio of 0.71. This is in the lower half of the industry: CSX underperforms 79.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The earnings per share for CSX have decreased strongly by -11.83% in the last year.
The Earnings Per Share has been growing slightly by 5.65% on average over the past years.
Looking at the last year, CSX shows a decrease in Revenue. The Revenue has decreased by -3.80% in the last year.
The Revenue has been growing slightly by 4.02% on average over the past years.
EPS 1Y (TTM)-11.83%
EPS 3Y5.69%
EPS 5Y5.65%
EPS Q2Q%-4.35%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y5.11%
Revenue growth 5Y4.02%
Sales Q2Q%-0.88%
3.2 Future
The Earnings Per Share is expected to grow by 7.18% on average over the next years.
Based on estimates for the next years, CSX will show a small growth in Revenue. The Revenue will grow by 2.83% on average per year.
EPS Next Y-8.34%
EPS Next 2Y2.68%
EPS Next 3Y5.5%
EPS Next 5Y7.18%
Revenue Next Year-2.74%
Revenue Next 2Y0.65%
Revenue Next 3Y1.87%
Revenue Next 5Y2.83%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.28 indicates a rather expensive valuation of CSX.
Based on the Price/Earnings ratio, CSX is valued a bit cheaper than 74.42% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, CSX is valued at the same level.
A Price/Forward Earnings ratio of 18.09 indicates a rather expensive valuation of CSX.
Based on the Price/Forward Earnings ratio, CSX is valued a bit cheaper than 74.42% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. CSX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.28 | ||
| Fwd PE | 18.09 |
4.2 Price Multiples
CSX's Enterprise Value to EBITDA is on the same level as the industry average.
CSX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CSX is cheaper than 69.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.87 | ||
| EV/EBITDA | 12.9 |
4.3 Compensation for Growth
The decent profitability rating of CSX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.76
EPS Next 2Y2.68%
EPS Next 3Y5.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.48%, CSX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.71, CSX pays a bit more dividend than its industry peers.
CSX's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
5.2 History
The dividend of CSX is nicely growing with an annual growth rate of 8.56%!
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)8.56%
Div Incr Years20
Div Non Decr Years22
5.3 Sustainability
33.08% 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.
DP33.08%
EPS Next 2Y2.68%
EPS Next 3Y5.5%
34.9
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners80.87%
Inst Owner Change-3.69%
Ins Owners0.11%
Ins Owner Change0.11%
Market Cap64.99B
Revenue(TTM)14.12B
Net Income(TTM)2.90B
Analysts79.38
Price Target39.99 (14.58%)
Short Float %1.49%
Short Ratio1.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.48% |
Yearly Dividend0.48
Dividend Growth(5Y)8.56%
DP33.08%
Div Incr Years20
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.61%
Min EPS beat(2)2.68%
Max EPS beat(2)4.53%
EPS beat(4)2
Avg EPS beat(4)-0.85%
Min EPS beat(4)-8.88%
Max EPS beat(4)4.53%
EPS beat(8)5
Avg EPS beat(8)-0.59%
EPS beat(12)7
Avg EPS beat(12)0.23%
EPS beat(16)11
Avg EPS beat(16)1.42%
Revenue beat(2)0
Avg Revenue beat(2)-0.95%
Min Revenue beat(2)-1.24%
Max Revenue beat(2)-0.66%
Revenue beat(4)0
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-2.23%
Max Revenue beat(4)-0.66%
Revenue beat(8)1
Avg Revenue beat(8)-1.22%
Revenue beat(12)2
Avg Revenue beat(12)-0.87%
Revenue beat(16)6
Avg Revenue beat(16)0.02%
PT rev (1m)3.04%
PT rev (3m)2.04%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-1.64%
EPS NY rev (1m)-0.53%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)-0.47%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.28 | ||
| Fwd PE | 18.09 | ||
| P/S | 4.6 | ||
| P/FCF | 41.87 | ||
| P/OCF | 14.08 | ||
| P/B | 5.1 | ||
| P/tB | 5.21 | ||
| EV/EBITDA | 12.9 |
EPS(TTM)1.64
EY4.7%
EPS(NY)1.93
Fwd EY5.53%
FCF(TTM)0.83
FCFY2.39%
OCF(TTM)2.48
OCFY7.1%
SpS7.58
BVpS6.85
TBVpS6.7
PEG (NY)N/A
PEG (5Y)3.76
Graham Number15.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.71% | ||
| ROE | 22.76% | ||
| ROCE | 11.85% | ||
| ROIC | 9.01% | ||
| ROICexc | 9.15% | ||
| ROICexgc | 9.22% | ||
| OM | 33.82% | ||
| PM (TTM) | 20.55% | ||
| GM | 71.17% | ||
| FCFM | 10.99% |
ROA(3y)8.91%
ROA(5y)8.6%
ROE(3y)30.47%
ROE(5y)28.11%
ROIC(3y)10.7%
ROIC(5y)10.22%
ROICexc(3y)11.14%
ROICexc(5y)10.77%
ROICexgc(3y)11.31%
ROICexgc(5y)10.9%
ROCE(3y)14.07%
ROCE(5y)13.44%
ROICexgc growth 3Y-0.99%
ROICexgc growth 5Y-0.33%
ROICexc growth 3Y-0.95%
ROICexc growth 5Y-0.55%
OM growth 3Y-3.63%
OM growth 5Y-2.08%
PM growth 3Y-7.54%
PM growth 5Y-3.07%
GM growth 3Y-1.48%
GM growth 5Y-1.36%
F-Score5
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 12.35 | ||
| Debt/EBITDA | 2.87 | ||
| Cap/Depr | 180.39% | ||
| Cap/Sales | 21.69% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.29% | ||
| Profit Quality | 53.48% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 2.28 |
F-Score5
WACC8.89%
ROIC/WACC1.01
Cap/Depr(3y)145.06%
Cap/Depr(5y)135.78%
Cap/Sales(3y)15.72%
Cap/Sales(5y)15.36%
Profit Quality(3y)83.6%
Profit Quality(5y)86.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.83%
EPS 3Y5.69%
EPS 5Y5.65%
EPS Q2Q%-4.35%
EPS Next Y-8.34%
EPS Next 2Y2.68%
EPS Next 3Y5.5%
EPS Next 5Y7.18%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y5.11%
Revenue growth 5Y4.02%
Sales Q2Q%-0.88%
Revenue Next Year-2.74%
Revenue Next 2Y0.65%
Revenue Next 3Y1.87%
Revenue Next 5Y2.83%
EBIT growth 1Y-12.17%
EBIT growth 3Y1.29%
EBIT growth 5Y1.85%
EBIT Next Year21.82%
EBIT Next 3Y11.73%
EBIT Next 5Y8.89%
FCF growth 1Y-50.29%
FCF growth 3Y-6.34%
FCF growth 5Y-3.17%
OCF growth 1Y-14.36%
OCF growth 3Y0.96%
OCF growth 5Y1.59%
CSX CORP / CSX FAQ
Can you provide the ChartMill fundamental rating for CSX CORP?
ChartMill assigns a fundamental rating of 5 / 10 to CSX.
What is the valuation status for CSX stock?
ChartMill assigns a valuation rating of 4 / 10 to CSX CORP (CSX). This can be considered as Fairly Valued.
Can you provide the profitability details for CSX CORP?
CSX CORP (CSX) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CSX CORP (CSX) stock?
The Price/Earnings (PE) ratio for CSX CORP (CSX) is 21.28 and the Price/Book (PB) ratio is 5.1.
How sustainable is the dividend of CSX CORP (CSX) stock?
The dividend rating of CSX CORP (CSX) is 6 / 10 and the dividend payout ratio is 33.08%.