CION INVESTMENT CORP (CION) Stock Fundamental Analysis
NYSE:CION - US17259U2042 - Common Stock
10.86 USD
+0.13 (+1.21%)
10.9886 USD
+0.13 (+1.18%)
Taking everything into account, CION scores 2 out of 10 in our fundamental rating. CION was compared to 238 industry peers in the Capital Markets industry. CION may be in some trouble as it scores bad on both profitability and health. 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 had a positive cash flow from operations.
CION had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CION reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of CION (-0.55%) is worse than 75.63% of its industry peers.
Looking at the Return On Equity, with a value of -1.36%, CION is doing worse than 73.95% of the companies in the same industry.
With a Return On Invested Capital value of 3.25%, CION perfoms like the industry average, outperforming 40.76% 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 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -1.36% | ||
| ROIC | 3.25% |
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.
CION has a better Operating Margin (33.91%) than 60.50% of its industry peers.
CION's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 39.16%, CION is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
CION's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.91% | ||
| PM (TTM) | N/A | ||
| GM | 39.16% |
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.
The number of shares outstanding for CION has been reduced compared to 5 years ago.
The debt/assets ratio for CION is higher compared to a year ago.
2.2 Solvency
CION has an Altman-Z score of 0.36. 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 0.36 is on the low side compared to the rest of the industry. CION is outperformed by 68.49% of its industry peers.
The Debt to FCF ratio of CION is 18.96, which is on the high side as it means it would take CION, 18.96 years of fcf income to pay off all of its debts.
CION has a Debt to FCF ratio of 18.96. This is comparable to the rest of the industry: CION outperforms 50.00% 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 70.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 18.96 | ||
| Altman-Z | 0.36 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CION has a Current Ratio of 0.53. This is a bad value and indicates that CION is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.53, CION is doing worse than 74.79% of the companies in the same industry.
A Quick Ratio of 0.53 indicates that CION may have some problems paying its short term obligations.
With a Quick ratio value of 0.53, CION is not doing good in the industry: 74.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The earnings per share for CION have decreased strongly by -26.67% in the last year.
The Earnings Per Share has been decreasing by -7.01% on average over the past years.
Looking at the last year, CION shows a very negative growth in Revenue. The Revenue has decreased by -13.95% in the last year.
The Revenue has been growing slightly by 4.65% on average over the past years.
EPS 1Y (TTM)-26.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-20%
Revenue 1Y (TTM)-13.95%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-14.85%
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 -14.56% on average per year.
CION is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -10.16% yearly.
EPS Next Y-20.19%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
EPS Next 5YN/A
Revenue Next Year-13.92%
Revenue Next 2Y-9.71%
Revenue Next 3Y-10.16%
Revenue Next 5YN/A
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 decreasing.
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
CION is valuated cheaply with a Price/Earnings ratio of 7.59.
CION's Price/Earnings ratio is rather cheap when compared to the industry. CION is cheaper than 86.97% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, CION is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.25, the valuation of CION can be described as reasonable.
86.97% of the companies in the same industry are more expensive than CION, based on the Price/Forward Earnings ratio.
CION's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.59 | ||
| Fwd PE | 8.25 |
4.2 Price Multiples
73.11% of the companies in the same industry are more expensive than CION, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.73 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as CION's earnings are expected to decrease with -14.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.62%, CION is a good candidate for dividend investing.
CION's Dividend Yield is rather good when compared to the industry average which is at 7.99. CION pays more dividend than 88.24% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, CION pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.62% |
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.
CION's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-793.68%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
10.86
+0.13 (+1.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners38.41%
Inst Owner Change3.16%
Ins Owners0.45%
Ins Owner Change2.18%
Market Cap565.70M
Analysts47.5
Price Target10.88 (0.18%)
Short Float %1.77%
Short Ratio3.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.62% |
Yearly Dividend1.67
Dividend Growth(5Y)-7.5%
DP-793.68%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.49%
Min EPS beat(2)-5.79%
Max EPS beat(2)2.8%
EPS beat(4)2
Avg EPS beat(4)-0.44%
Min EPS beat(4)-5.79%
Max EPS beat(4)3.2%
EPS beat(8)5
Avg EPS beat(8)9.16%
EPS beat(12)8
Avg EPS beat(12)14.32%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-3.98%
Max Revenue beat(2)4.96%
Revenue beat(4)3
Avg Revenue beat(4)2.1%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)4.96%
Revenue beat(8)7
Avg Revenue beat(8)7.29%
Revenue beat(12)10
Avg Revenue beat(12)9.08%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.54%
PT rev (3m)-9.86%
EPS NQ rev (1m)2.3%
EPS NQ rev (3m)-4.3%
EPS NY rev (1m)0.88%
EPS NY rev (3m)1.13%
Revenue NQ rev (1m)-0.48%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.59 | ||
| Fwd PE | 8.25 | ||
| P/S | 2.5 | ||
| P/FCF | 9.73 | ||
| P/OCF | 9.73 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.43
EY13.17%
EPS(NY)1.32
Fwd EY12.12%
FCF(TTM)1.12
FCFY10.27%
OCF(TTM)1.12
OCFY10.27%
SpS4.34
BVpS14.56
TBVpS14.56
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.55% | ||
| ROE | -1.36% | ||
| ROCE | 4.12% | ||
| ROIC | 3.25% | ||
| ROICexc | 3.26% | ||
| ROICexgc | 3.26% | ||
| OM | 33.91% | ||
| PM (TTM) | N/A | ||
| GM | 39.16% | ||
| FCFM | 25.73% |
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-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 18.96 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 0.86 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 0.36 |
F-Score4
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)-26.67%
EPS 3Y-32.85%
EPS 5Y-7.01%
EPS Q2Q%-20%
EPS Next Y-20.19%
EPS Next 2Y-13.28%
EPS Next 3Y-14.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.95%
Revenue growth 3Y17.08%
Revenue growth 5Y4.65%
Sales Q2Q%-14.85%
Revenue Next Year-13.92%
Revenue Next 2Y-9.71%
Revenue Next 3Y-10.16%
Revenue Next 5YN/A
EBIT growth 1Y-28.51%
EBIT growth 3Y8.76%
EBIT growth 5Y1.91%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y30.01%
FCF growth 3YN/A
FCF growth 5Y-6.89%
OCF growth 1Y30.01%
OCF growth 3YN/A
OCF growth 5Y-6.89%