CION INVESTMENT CORP (CION) Stock Fundamental Analysis
NYSE:CION - New York Stock Exchange, Inc. - US17259U2042 - Common Stock - Currency: USD
Taking everything into account, CION scores 2 out of 10 in our fundamental rating. CION was compared to 232 industry peers in the Capital Markets industry. Both the profitability and financial health of CION have multiple concerns. CION has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
CION had positive earnings in the past year.
In the past year CION has reported a negative cash flow from operations.
Of the past 5 years CION 4 years were profitable.
In multiple years CION reported negative operating cash flow during the last 5 years.
1.2 Ratios
CION has a Return On Assets of -0.80%. This is in the lower half of the industry: CION underperforms 75.86% of its industry peers.
The Return On Equity of CION (-2.01%) is worse than 74.14% of its industry peers.
With a Return On Invested Capital value of 3.52%, CION perfoms like the industry average, outperforming 43.53% of the companies in the same industry.
CION had an Average Return On Invested Capital over the past 3 years of 4.00%. This is below the industry average of 7.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -2.01% | ||
| ROIC | 3.52% |
ROA(3y)3.06%
ROA(5y)3.03%
ROE(3y)6.88%
ROE(5y)6.43%
ROIC(3y)4%
ROIC(5y)3.85%
1.3 Margins
In the last couple of years the Profit Margin of CION has declined.
The Operating Margin of CION (35.17%) is better than 62.93% of its industry peers.
CION's Operating Margin has declined in the last couple of years.
CION has a worse Gross Margin (40.35%) than 64.22% of its industry peers.
In the last couple of years the Gross Margin of CION has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.17% | ||
| PM (TTM) | N/A | ||
| GM | 40.35% |
OM growth 3Y-7.11%
OM growth 5Y-2.62%
PM growth 3Y-43.77%
PM growth 5Y-12.21%
GM growth 3Y-8.4%
GM growth 5Y-1.98%
2. Health
2.1 Basic Checks
CION has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CION has less shares outstanding
Compared to 1 year ago, CION has a worse debt to assets ratio.
2.2 Solvency
CION has an Altman-Z score of 0.31. This is a bad value and indicates that CION is not financially healthy and even has some risk of bankruptcy.
CION's Altman-Z score of 0.31 is on the low side compared to the rest of the industry. CION is outperformed by 71.12% of its industry peers.
CION has a Debt/Equity ratio of 1.45. This is a high value indicating a heavy dependency on external financing.
CION has a Debt to Equity ratio of 1.45. This is in the lower half of the industry: CION underperforms 68.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.31 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.25 indicates that CION may have some problems paying its short term obligations.
The Current ratio of CION (0.25) is worse than 86.64% of its industry peers.
A Quick Ratio of 0.25 indicates that CION may have some problems paying its short term obligations.
CION has a worse Quick ratio (0.25) than 86.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
The earnings per share for CION have decreased strongly by -23.74% in the last year.
CION shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.01% yearly.
Looking at the last year, CION shows a decrease in Revenue. The Revenue has decreased by -9.49% in the last year.
The Revenue has been growing slightly by 4.65% on average over the past years.
EPS 1Y (TTM)-23.74%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-40%
Revenue 1Y (TTM)-9.49%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-23.76%
3.2 Future
Based on estimates for the next years, CION will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.23% on average per year.
Based on estimates for the next years, CION will show a decrease in Revenue. The Revenue will decrease by -9.64% on average per year.
EPS Next Y-21.08%
EPS Next 2Y-14.29%
EPS Next 3Y-12.23%
EPS Next 5YN/A
Revenue Next Year-13.75%
Revenue Next 2Y-9.46%
Revenue Next 3Y-9.64%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.06 indicates a rather cheap valuation of CION.
Compared to the rest of the industry, the Price/Earnings ratio of CION indicates a rather cheap valuation: CION is cheaper than 92.24% of the companies listed in the same industry.
CION is valuated cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.12, the valuation of CION can be described as very cheap.
90.09% of the companies in the same industry are more expensive than CION, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CION to the average of the S&P500 Index (22.39), we can say CION is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 7.12 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as CION's earnings are expected to decrease with -12.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.29%
EPS Next 3Y-12.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 15.96%, CION is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.22, CION pays a better dividend. On top of this CION pays more dividend than 92.24% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, CION pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.96% |
5.2 History
The dividend of CION decreases each year by -7.50%.
CION has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-7.5%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of CION are negative and hence is the payout ratio. CION will probably not be able to sustain this dividend level.
The Dividend Rate of CION has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP-413.36%
EPS Next 2Y-14.29%
EPS Next 3Y-12.23%
9.15
-0.05 (-0.54%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners39.16%
Inst Owner Change-6.11%
Ins Owners0.37%
Ins Owner Change2%
Market Cap482.11M
Analysts47.5
Price Target11.05 (20.77%)
Short Float %1.16%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 15.96% |
Yearly Dividend1.67
Dividend Growth(5Y)-7.5%
DP-413.36%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.42%
Min EPS beat(2)-1.96%
Max EPS beat(2)2.8%
EPS beat(4)3
Avg EPS beat(4)1.15%
Min EPS beat(4)-1.96%
Max EPS beat(4)3.2%
EPS beat(8)5
Avg EPS beat(8)8.97%
EPS beat(12)9
Avg EPS beat(12)15.15%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.93%
Min Revenue beat(2)4.89%
Max Revenue beat(2)4.96%
Revenue beat(4)4
Avg Revenue beat(4)4.21%
Min Revenue beat(4)2.54%
Max Revenue beat(4)4.96%
Revenue beat(8)7
Avg Revenue beat(8)7.52%
Revenue beat(12)11
Avg Revenue beat(12)9.87%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-10.96%
PT rev (3m)-13.33%
EPS NQ rev (1m)-3.94%
EPS NQ rev (3m)-6.64%
EPS NY rev (1m)-2.36%
EPS NY rev (3m)-4.2%
Revenue NQ rev (1m)1.42%
Revenue NQ rev (3m)1.88%
Revenue NY rev (1m)2.64%
Revenue NY rev (3m)2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.06 | ||
| Fwd PE | 7.12 | ||
| P/S | 2.05 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.51
EY16.5%
EPS(NY)1.29
Fwd EY14.05%
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS4.46
BVpS14.36
TBVpS14.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -2.01% | ||
| ROCE | 4.45% | ||
| ROIC | 3.52% | ||
| ROICexc | 3.53% | ||
| ROICexgc | 3.53% | ||
| OM | 35.17% | ||
| PM (TTM) | N/A | ||
| GM | 40.35% | ||
| FCFM | N/A |
ROA(3y)3.06%
ROA(5y)3.03%
ROE(3y)6.88%
ROE(5y)6.43%
ROIC(3y)4%
ROIC(5y)3.85%
ROICexc(3y)4.07%
ROICexc(5y)3.91%
ROICexgc(3y)4.07%
ROICexgc(5y)3.91%
ROCE(3y)5.06%
ROCE(5y)4.88%
ROICexcg growth 3Y5.57%
ROICexcg growth 5Y0.49%
ROICexc growth 3Y5.57%
ROICexc growth 5Y0.49%
OM growth 3Y-7.11%
OM growth 5Y-2.62%
PM growth 3Y-43.77%
PM growth 5Y-12.21%
GM growth 3Y-8.4%
GM growth 5Y-1.98%
F-Score2
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.9 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 0.31 |
F-Score2
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.74%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-40%
EPS Next Y-21.08%
EPS Next 2Y-14.29%
EPS Next 3Y-12.23%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.49%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-23.76%
Revenue Next Year-13.75%
Revenue Next 2Y-9.46%
Revenue Next 3Y-9.64%
Revenue Next 5YN/A
EBIT growth 1Y-23.28%
EBIT growth 3Y8.76%
EBIT growth 5Y1.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-104.12%
FCF growth 3YN/A
FCF growth 5Y-6.89%
OCF growth 1Y-104.12%
OCF growth 3YN/A
OCF growth 5Y-6.89%