CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CNX - US12653C1080 - Common Stock
35.86 USD
-0.91 (-2.47%)
We assign a fundamental rating of 4 out of 10 to CNX. CNX was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. CNX has a medium profitability rating, but doesn't score so well on its financial health evaluation. CNX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CNX was profitable.
In the past year CNX had a positive cash flow from operations.
In the past 5 years CNX reported 4 times negative net income.
CNX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.28%, CNX perfoms like the industry average, outperforming 51.20% of the companies in the same industry.
CNX's Return On Equity of 7.10% is in line compared to the rest of the industry. CNX outperforms 49.28% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.71%, CNX is in the better half of the industry, outperforming 61.72% of the companies in the same industry.
CNX had an Average Return On Invested Capital over the past 3 years of 10.96%. This is significantly below the industry average of 21.27%.
The 3 year average ROIC (10.96%) for CNX is well above the current ROIC(6.71%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 7.1% | ||
| ROIC | 6.71% |
ROA(3y)5.74%
ROA(5y)1.01%
ROE(3y)10.81%
ROE(5y)1.6%
ROIC(3y)10.96%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 15.89%, CNX is in the better half of the industry, outperforming 68.90% of the companies in the same industry.
CNX's Operating Margin of 36.96% is amongst the best of the industry. CNX outperforms 86.60% of its industry peers.
CNX's Operating Margin has declined in the last couple of years.
The Gross Margin of CNX (70.08%) is better than 78.47% of its industry peers.
CNX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.96% | ||
| PM (TTM) | 15.89% | ||
| GM | 70.08% |
OM growth 3Y-33.34%
OM growth 5Y-2.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.84%
GM growth 5Y-3.14%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CNX is still creating some value.
Compared to 1 year ago, CNX has less shares outstanding
The number of shares outstanding for CNX has been reduced compared to 5 years ago.
CNX has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 1.28, we must say that CNX is in the distress zone and has some risk of bankruptcy.
CNX has a Altman-Z score of 1.28. This is comparable to the rest of the industry: CNX outperforms 52.63% of its industry peers.
CNX has a debt to FCF ratio of 4.54. This is a neutral value as CNX would need 4.54 years to pay back of all of its debts.
CNX's Debt to FCF ratio of 4.54 is fine compared to the rest of the industry. CNX outperforms 66.99% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that CNX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.55, CNX perfoms like the industry average, outperforming 44.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 1.28 |
ROIC/WACC0.81
WACC8.29%
2.3 Liquidity
CNX has a Current Ratio of 0.34. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
CNX's Current ratio of 0.34 is on the low side compared to the rest of the industry. CNX is outperformed by 88.52% of its industry peers.
CNX has a Quick Ratio of 0.34. This is a bad value and indicates that CNX is not financially healthy enough and could expect problems in meeting its short term obligations.
CNX's Quick ratio of 0.31 is on the low side compared to the rest of the industry. CNX is outperformed by 88.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.04% over the past year.
Measured over the past years, CNX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.24% on average per year.
The Revenue has grown by 17.47% in the past year. This is quite good.
The Revenue has been decreasing by -4.06% on average over the past years.
EPS 1Y (TTM)28.04%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%19.51%
Revenue 1Y (TTM)17.47%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%37.63%
3.2 Future
Based on estimates for the next years, CNX will show a very strong growth in Earnings Per Share. The EPS will grow by 27.27% on average per year.
The Revenue is expected to grow by 13.19% on average over the next years. This is quite good.
EPS Next Y21.61%
EPS Next 2Y20.3%
EPS Next 3Y33.72%
EPS Next 5Y27.27%
Revenue Next Year26.99%
Revenue Next 2Y13.91%
Revenue Next 3Y13.19%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CNX is valuated correctly with a Price/Earnings ratio of 14.82.
CNX's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CNX to the average of the S&P500 Index (26.51), we can say CNX is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.84, the valuation of CNX can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CNX is on the same level as its industry peers.
CNX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 13.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNX is valued a bit cheaper than 67.46% of the companies in the same industry.
81.82% of the companies in the same industry are more expensive than CNX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.41 | ||
| EV/EBITDA | 6.11 |
4.3 Compensation for Growth
CNX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CNX's earnings are expected to grow with 33.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.69
PEG (5Y)1.04
EPS Next 2Y20.3%
EPS Next 3Y33.72%
5. Dividend
5.1 Amount
CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NYSE:CNX (1/2/2026, 12:00:09 PM)
35.86
-0.91 (-2.47%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners103.24%
Inst Owner Change-1.95%
Ins Owners2.76%
Ins Owner Change-0.02%
Market Cap4.84B
Revenue(TTM)1.84B
Net Income(TTM)292.29M
Analysts50.91
Price Target35.12 (-2.06%)
Short Float %22.42%
Short Ratio14.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.9%
Min EPS beat(2)30.22%
Max EPS beat(2)47.59%
EPS beat(4)4
Avg EPS beat(4)36.84%
Min EPS beat(4)20.86%
Max EPS beat(4)48.69%
EPS beat(8)8
Avg EPS beat(8)43.17%
EPS beat(12)11
Avg EPS beat(12)44.64%
EPS beat(16)12
Avg EPS beat(16)21.22%
Revenue beat(2)2
Avg Revenue beat(2)65.22%
Min Revenue beat(2)26.28%
Max Revenue beat(2)104.15%
Revenue beat(4)2
Avg Revenue beat(4)-5.55%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)4
Avg Revenue beat(8)12.22%
Revenue beat(12)7
Avg Revenue beat(12)36.34%
Revenue beat(16)11
Avg Revenue beat(16)47.25%
PT rev (1m)6.87%
PT rev (3m)9.88%
EPS NQ rev (1m)-0.85%
EPS NQ rev (3m)-19.12%
EPS NY rev (1m)-0.4%
EPS NY rev (3m)2.75%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-1.95%
Revenue NY rev (1m)3.87%
Revenue NY rev (3m)5.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.82 | ||
| Fwd PE | 13.84 | ||
| P/S | 2.63 | ||
| P/FCF | 8.41 | ||
| P/OCF | 4.83 | ||
| P/B | 1.17 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 6.11 |
EPS(TTM)2.42
EY6.75%
EPS(NY)2.59
Fwd EY7.22%
FCF(TTM)4.26
FCFY11.88%
OCF(TTM)7.42
OCFY20.7%
SpS13.64
BVpS30.52
TBVpS27.69
PEG (NY)0.69
PEG (5Y)1.04
Graham Number40.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.28% | ||
| ROE | 7.1% | ||
| ROCE | 8.67% | ||
| ROIC | 6.71% | ||
| ROICexc | 6.72% | ||
| ROICexgc | 7.06% | ||
| OM | 36.96% | ||
| PM (TTM) | 15.89% | ||
| GM | 70.08% | ||
| FCFM | 31.24% |
ROA(3y)5.74%
ROA(5y)1.01%
ROE(3y)10.81%
ROE(5y)1.6%
ROIC(3y)10.96%
ROIC(5y)N/A
ROICexc(3y)10.99%
ROICexc(5y)N/A
ROICexgc(3y)11.63%
ROICexgc(5y)N/A
ROCE(3y)14.16%
ROCE(5y)N/A
ROICexgc growth 3Y-46.19%
ROICexgc growth 5Y-4.58%
ROICexc growth 3Y-46.11%
ROICexc growth 5Y-3.49%
OM growth 3Y-33.34%
OM growth 5Y-2.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.84%
GM growth 5Y-3.14%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 4.54 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 76.45% | ||
| Cap/Sales | 23.16% | ||
| Interest Coverage | 4.45 | ||
| Cash Conversion | 80.89% | ||
| Profit Quality | 196.6% | ||
| Current Ratio | 0.34 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 1.28 |
F-Score6
WACC8.29%
ROIC/WACC0.81
Cap/Depr(3y)130.2%
Cap/Depr(5y)115.63%
Cap/Sales(3y)35.83%
Cap/Sales(5y)35.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.04%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%19.51%
EPS Next Y21.61%
EPS Next 2Y20.3%
EPS Next 3Y33.72%
EPS Next 5Y27.27%
Revenue 1Y (TTM)17.47%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%37.63%
Revenue Next Year26.99%
Revenue Next 2Y13.91%
Revenue Next 3Y13.19%
Revenue Next 5YN/A
EBIT growth 1Y215.7%
EBIT growth 3Y-45.54%
EBIT growth 5Y-6.23%
EBIT Next Year234.22%
EBIT Next 3Y61.58%
EBIT Next 5Y46.63%
FCF growth 1Y63.78%
FCF growth 3Y-15.74%
FCF growth 5YN/A
OCF growth 1Y-8.67%
OCF growth 3Y-4.15%
OCF growth 5Y-3.61%
CNX RESOURCES CORP / CNX FAQ
What is the ChartMill fundamental rating of CNX RESOURCES CORP (CNX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CNX.
Can you provide the valuation status for CNX RESOURCES CORP?
ChartMill assigns a valuation rating of 6 / 10 to CNX RESOURCES CORP (CNX). This can be considered as Fairly Valued.
Can you provide the profitability details for CNX RESOURCES CORP?
CNX RESOURCES CORP (CNX) has a profitability rating of 5 / 10.
What is the financial health of CNX RESOURCES CORP (CNX) stock?
The financial health rating of CNX RESOURCES CORP (CNX) is 3 / 10.
What is the expected EPS growth for CNX RESOURCES CORP (CNX) stock?
The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to grow by 21.61% in the next year.