CNB FINANCIAL CORP/PA (CCNE) Stock Fundamental Analysis
USA - NASDAQ:CCNE - US1261281075 - Common Stock
24.45 USD
-0.07 (-0.29%)
24.45 USD
0 (0%)
CCNE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. CCNE has a bad profitability rating. Also its financial health evaluation is rather negative. An interesting combination arises when we look at growth and value: CCNE is growing strongly while it also seems undervalued. CCNE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CCNE had positive earnings in the past year.
In the past year CCNE had a positive cash flow from operations.
Each year in the past 5 years CCNE has been profitable.
CCNE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.79%, CCNE perfoms like the industry average, outperforming 45.13% of the companies in the same industry.
The Return On Equity of CCNE (7.81%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.81% | ||
| ROIC | N/A |
ROA(3y)0.94%
ROA(5y)0.89%
ROE(3y)9.53%
ROE(5y)9.63%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 21.10%, CCNE is doing worse than 60.77% of the companies in the same industry.
In the last couple of years the Profit Margin of CCNE has declined.
CCNE does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 21.1% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.19%
PM growth 5Y-4.73%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CCNE does not have a ROIC to compare to the WACC, probably because it is not profitable.
CCNE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CCNE has more shares outstanding
Compared to 1 year ago, CCNE has a worse debt to assets ratio.
2.2 Solvency
CCNE has a debt to FCF ratio of 1.79. This is a very positive value and a sign of high solvency as it would only need 1.79 years to pay back of all of its debts.
CCNE's Debt to FCF ratio of 1.79 is in line compared to the rest of the industry. CCNE outperforms 52.31% of its industry peers.
A Debt/Equity ratio of 0.19 indicates that CCNE is not too dependend on debt financing.
CCNE's Debt to Equity ratio of 0.19 is in line compared to the rest of the industry. CCNE outperforms 44.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC20.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CCNE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.01%.
Measured over the past years, CCNE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.98% on average per year.
CCNE shows a small growth in Revenue. In the last year, the Revenue has grown by 6.92%.
The Revenue has been growing by 9.77% on average over the past years. This is quite good.
EPS 1Y (TTM)6.01%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%12.5%
Revenue 1Y (TTM)6.92%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%14.17%
3.2 Future
CCNE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.88% yearly.
Based on estimates for the next years, CCNE will show a very strong growth in Revenue. The Revenue will grow by 34.47% on average per year.
EPS Next Y17.97%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
EPS Next 5YN/A
Revenue Next Year41.48%
Revenue Next 2Y34.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.90 indicates a reasonable valuation of CCNE.
CCNE's Price/Earnings ratio is a bit cheaper when compared to the industry. CCNE is cheaper than 75.38% of the companies in the same industry.
When comparing the Price/Earnings ratio of CCNE to the average of the S&P500 Index (26.83), we can say CCNE is valued rather cheaply.
The Price/Forward Earnings ratio is 6.75, which indicates a rather cheap valuation of CCNE.
Based on the Price/Forward Earnings ratio, CCNE is valued cheaply inside the industry as 92.56% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.88. CCNE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.9 | ||
| Fwd PE | 6.75 |
4.2 Price Multiples
CCNE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CCNE is cheaper than 63.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CCNE's earnings are expected to grow with 20.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y23.38%
EPS Next 3Y20.88%
5. Dividend
5.1 Amount
CCNE has a Yearly Dividend Yield of 2.91%. Purely for dividend investing, there may be better candidates out there.
CCNE's Dividend Yield is comparable with the industry average which is at 3.46.
Compared to an average S&P500 Dividend Yield of 2.30, CCNE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
5.2 History
On average, the dividend of CCNE grows each year by 6.12%, which is quite nice.
CCNE has been paying a dividend for at least 10 years, so it has a reliable track record.
CCNE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.12%
Div Incr Years1
Div Non Decr Years30
5.3 Sustainability
39.05% of the earnings are spent on dividend by CCNE. This is a low number and sustainable payout ratio.
The dividend of CCNE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.05%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
24.45
-0.07 (-0.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners45.77%
Inst Owner Change0.33%
Ins Owners2.39%
Ins Owner Change4.51%
Market Cap720.79M
Revenue(TTM)235.97M
Net Income(TTM)49.78M
Analysts84.44
Price Target28.56 (16.81%)
Short Float %1.04%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.91% |
Yearly Dividend0.92
Dividend Growth(5Y)6.12%
DP39.05%
Div Incr Years1
Div Non Decr Years30
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.26%
Min EPS beat(2)-4.09%
Max EPS beat(2)3.57%
EPS beat(4)3
Avg EPS beat(4)3.87%
Min EPS beat(4)-4.09%
Max EPS beat(4)10.51%
EPS beat(8)7
Avg EPS beat(8)6.34%
EPS beat(12)7
Avg EPS beat(12)1.81%
EPS beat(16)10
Avg EPS beat(16)2.48%
Revenue beat(2)0
Avg Revenue beat(2)-3.93%
Min Revenue beat(2)-4.1%
Max Revenue beat(2)-3.75%
Revenue beat(4)0
Avg Revenue beat(4)-2.46%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)0%
Revenue beat(8)2
Avg Revenue beat(8)6.14%
Revenue beat(12)5
Avg Revenue beat(12)6.98%
Revenue beat(16)9
Avg Revenue beat(16)9.75%
PT rev (1m)0%
PT rev (3m)5.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)10.41%
EPS NY rev (1m)0%
EPS NY rev (3m)5.89%
Revenue NQ rev (1m)12.29%
Revenue NQ rev (3m)7.68%
Revenue NY rev (1m)6.15%
Revenue NY rev (3m)5.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.9 | ||
| Fwd PE | 6.75 | ||
| P/S | 3.05 | ||
| P/FCF | 10.47 | ||
| P/OCF | 8.96 | ||
| P/B | 1.13 | ||
| P/tB | 1.22 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.47
EY10.1%
EPS(NY)3.62
Fwd EY14.82%
FCF(TTM)2.33
FCFY9.55%
OCF(TTM)2.73
OCFY11.16%
SpS8
BVpS21.62
TBVpS20.09
PEG (NY)0.55
PEG (5Y)N/A
Graham Number34.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 7.81% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 21.1% | ||
| GM | N/A | ||
| FCFM | 29.16% |
ROA(3y)0.94%
ROA(5y)0.89%
ROE(3y)9.53%
ROE(5y)9.63%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-7.19%
PM growth 5Y-4.73%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.79 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 140.99% | ||
| Cap/Sales | 4.93% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 138.24% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC20.52%
ROIC/WACCN/A
Cap/Depr(3y)175.26%
Cap/Depr(5y)144.48%
Cap/Sales(3y)5.86%
Cap/Sales(5y)4.88%
Profit Quality(3y)88.78%
Profit Quality(5y)87.66%
High Growth Momentum
Growth
EPS 1Y (TTM)6.01%
EPS 3Y-8.73%
EPS 5Y-1.98%
EPS Q2Q%12.5%
EPS Next Y17.97%
EPS Next 2Y23.38%
EPS Next 3Y20.88%
EPS Next 5YN/A
Revenue 1Y (TTM)6.92%
Revenue growth 3Y5.46%
Revenue growth 5Y9.77%
Sales Q2Q%14.17%
Revenue Next Year41.48%
Revenue Next 2Y34.47%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y59.84%
FCF growth 3Y1.74%
FCF growth 5Y5.14%
OCF growth 1Y37.2%
OCF growth 3Y6.67%
OCF growth 5Y6.56%
CNB FINANCIAL CORP/PA / CCNE FAQ
What is the fundamental rating for CCNE stock?
ChartMill assigns a fundamental rating of 4 / 10 to CCNE.
What is the valuation status for CCNE stock?
ChartMill assigns a valuation rating of 7 / 10 to CNB FINANCIAL CORP/PA (CCNE). This can be considered as Undervalued.
How profitable is CNB FINANCIAL CORP/PA (CCNE) stock?
CNB FINANCIAL CORP/PA (CCNE) has a profitability rating of 3 / 10.
What are the PE and PB ratios of CNB FINANCIAL CORP/PA (CCNE) stock?
The Price/Earnings (PE) ratio for CNB FINANCIAL CORP/PA (CCNE) is 9.9 and the Price/Book (PB) ratio is 1.13.
Can you provide the expected EPS growth for CCNE stock?
The Earnings per Share (EPS) of CNB FINANCIAL CORP/PA (CCNE) is expected to grow by 17.97% in the next year.