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 237 industry peers in the Capital Markets industry. CION may be in some trouble as it scores bad on both profitability and health. CION is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CION had positive earnings in the past year.
CION had a negative operating cash flow in the past year.
Of the past 5 years CION 4 years were profitable.
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
Looking at the Return On Assets, with a value of -0.80%, CION is doing worse than 75.95% of the companies in the same industry.
CION has a Return On Equity of -2.01%. This is in the lower half of the industry: CION underperforms 73.84% of its industry peers.
CION has a Return On Invested Capital (3.52%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CION is below the industry average of 7.89%.
| 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.
CION's Operating Margin of 35.17% is fine compared to the rest of the industry. CION outperforms 64.98% of its industry peers.
CION's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 40.35%, CION is not doing good in the industry: 63.71% of the companies in the same industry are doing better.
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
Compared to 1 year ago, CION has less shares outstanding
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 0.32. This is a bad value and indicates that CION is not financially healthy and even has some risk of bankruptcy.
CION has a worse Altman-Z score (0.32) than 68.78% of its industry peers.
A Debt/Equity ratio of 1.45 is on the high side and indicates that CION has dependencies on debt financing.
CION has a Debt to Equity ratio of 1.45. This is in the lower half of the industry: CION underperforms 67.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CION has a Current Ratio of 0.25. This is a bad value and indicates that CION is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CION (0.25) is worse than 86.92% 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 86.92% 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.
Measured over the past years, CION shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.01% on average per year.
CION shows a decrease in Revenue. In the last year, the revenue decreased by -9.49%.
Measured over the past years, CION shows a small growth in Revenue. The Revenue has been growing by 4.65% on average per year.
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
CION is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -13.51% yearly.
The Revenue is expected to decrease by -9.64% on average over the next years.
EPS Next Y-20.89%
EPS Next 2Y-14.29%
EPS Next 3Y-13.51%
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
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 6.40.
Based on the Price/Earnings ratio, CION is valued cheaper than 90.30% of the companies in the same industry.
CION's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.24.
Based on the Price/Forward Earnings ratio of 7.51, the valuation of CION can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CION indicates a rather cheap valuation: CION is cheaper than 88.61% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CION to the average of the S&P500 Index (36.42), we can say CION is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.4 | ||
| Fwd PE | 7.51 |
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 -13.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.29%
EPS Next 3Y-13.51%
5. Dividend
5.1 Amount
CION has a Yearly Dividend Yield of 14.91%, which is a nice return.
Compared to an average industry Dividend Yield of 8.25, CION pays a better dividend. On top of this CION pays more dividend than 88.61% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, CION pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.91% |
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
CION has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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-13.51%
9.66
+0.04 (+0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners38.3%
Inst Owner Change1.37%
Ins Owners0.43%
Ins Owner Change2%
Market Cap508.02M
Analysts47.5
Price Target11.05 (14.39%)
Short Float %1.61%
Short Ratio2.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.91% |
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)0%
PT rev (3m)-10.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.4 | ||
| Fwd PE | 7.51 | ||
| P/S | 2.16 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.51
EY15.63%
EPS(NY)1.29
Fwd EY13.31%
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS4.47
BVpS14.39
TBVpS14.39
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 | 0.32 |
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-20.89%
EPS Next 2Y-14.29%
EPS Next 3Y-13.51%
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%