CNX RESOURCES CORP (CNX) Stock Fundamental Analysis
USA - NYSE:CNX - US12653C1080 - Common Stock
32.69 USD
-0.05 (-0.15%)
32.69 USD
0 (0%)
CNX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 211 industry peers in the Oil, Gas & Consumable Fuels industry. While CNX is still in line with the averages on profitability rating, there are concerns on its financial health. CNX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CNX was profitable.
CNX had a positive operating cash flow in the past year.
CNX had negative earnings in 4 of the past 5 years.
In the past 5 years CNX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.73%, CNX is in line with its industry, outperforming 40.28% of the companies in the same industry.
The Return On Equity of CNX (3.80%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 5.80%, CNX perfoms like the industry average, outperforming 52.13% 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 21.54%.
The last Return On Invested Capital (5.80%) for CNX is well below the 3 year average (10.96%), which needs to be investigated, but indicates that CNX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.8% | ||
| ROIC | 5.8% |
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
CNX has a Profit Margin (9.07%) which is in line with its industry peers.
Looking at the Operating Margin, with a value of 33.98%, CNX belongs to the top of the industry, outperforming 81.99% of the companies in the same industry.
CNX's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 67.61%, CNX is doing good in the industry, outperforming 74.41% of the companies in the same industry.
In the last couple of years the Gross Margin of CNX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.98% | ||
| PM (TTM) | 9.07% | ||
| GM | 67.61% |
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
CNX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CNX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CNX has been reduced compared to 5 years ago.
Compared to 1 year ago, CNX has about the same debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.15, we must say that CNX is in the distress zone and has some risk of bankruptcy.
CNX has a Altman-Z score of 1.15. This is comparable to the rest of the industry: CNX outperforms 46.45% of its industry peers.
The Debt to FCF ratio of CNX is 5.59, which is a neutral value as it means it would take CNX, 5.59 years of fcf income to pay off all of its debts.
CNX's Debt to FCF ratio of 5.59 is fine compared to the rest of the industry. CNX outperforms 62.09% of its industry peers.
CNX has a Debt/Equity ratio of 0.56. This is a neutral value indicating CNX is somewhat dependend on debt financing.
CNX's Debt to Equity ratio of 0.56 is in line compared to the rest of the industry. CNX outperforms 44.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.59 | ||
| Altman-Z | 1.15 |
ROIC/WACC0.72
WACC8.08%
2.3 Liquidity
A Current Ratio of 0.33 indicates that CNX may have some problems paying its short term obligations.
With a Current ratio value of 0.33, CNX is not doing good in the industry: 91.47% of the companies in the same industry are doing better.
CNX has a Quick Ratio of 0.33. 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 has a Quick ratio of 0.30. This is amonst the worse of the industry: CNX underperforms 91.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 27.87% over the past year.
CNX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.24% yearly.
The Revenue has grown by 11.05% 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)27.87%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%61.11%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%199.41%
3.2 Future
The Earnings Per Share is expected to grow by 36.59% on average over the next years. This is a very strong growth
CNX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.91% yearly.
EPS Next Y18.35%
EPS Next 2Y23.94%
EPS Next 3Y36.59%
EPS Next 5YN/A
Revenue Next Year20.62%
Revenue Next 2Y14.38%
Revenue Next 3Y12.91%
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.
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 13.97.
Compared to the rest of the industry, the Price/Earnings ratio of CNX is on the same level as its industry peers.
CNX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.83.
CNX is valuated reasonably with a Price/Forward Earnings ratio of 11.89.
CNX's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.82, CNX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 11.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CNX is valued a bit cheaper than 64.93% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CNX indicates a somewhat cheap valuation: CNX is cheaper than 78.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.8 | ||
| EV/EBITDA | 6.53 |
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 36.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)0.98
EPS Next 2Y23.94%
EPS Next 3Y36.59%
5. Dividend
5.1 Amount
CNX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
32.69
-0.05 (-0.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners100.93%
Inst Owner Change0.53%
Ins Owners4.51%
Ins Owner Change0.25%
Market Cap4.62B
Revenue(TTM)1.72B
Net Income(TTM)155.72M
Analysts50.91
Price Target31.86 (-2.54%)
Short Float %18.95%
Short Ratio12.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)25.54%
Min EPS beat(2)20.86%
Max EPS beat(2)30.22%
EPS beat(4)4
Avg EPS beat(4)30.52%
Min EPS beat(4)20.86%
Max EPS beat(4)48.69%
EPS beat(8)8
Avg EPS beat(8)38.33%
EPS beat(12)10
Avg EPS beat(12)26.6%
EPS beat(16)12
Avg EPS beat(16)26.04%
Revenue beat(2)1
Avg Revenue beat(2)9.96%
Min Revenue beat(2)-84.24%
Max Revenue beat(2)104.15%
Revenue beat(4)2
Avg Revenue beat(4)-10.26%
Min Revenue beat(4)-84.24%
Max Revenue beat(4)104.15%
Revenue beat(8)3
Avg Revenue beat(8)7.59%
Revenue beat(12)7
Avg Revenue beat(12)43.2%
Revenue beat(16)11
Avg Revenue beat(16)48.05%
PT rev (1m)-0.33%
PT rev (3m)-1.38%
EPS NQ rev (1m)-10.16%
EPS NQ rev (3m)-27.66%
EPS NY rev (1m)-6.15%
EPS NY rev (3m)2.97%
Revenue NQ rev (1m)1.06%
Revenue NQ rev (3m)-7.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)18.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 11.89 | ||
| P/S | 2.69 | ||
| P/FCF | 9.8 | ||
| P/OCF | 4.93 | ||
| P/B | 1.13 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 6.53 |
EPS(TTM)2.34
EY7.16%
EPS(NY)2.75
Fwd EY8.41%
FCF(TTM)3.34
FCFY10.21%
OCF(TTM)6.63
OCFY20.27%
SpS12.13
BVpS28.94
TBVpS26.23
PEG (NY)0.76
PEG (5Y)0.98
Graham Number39.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 3.8% | ||
| ROCE | 7.49% | ||
| ROIC | 5.8% | ||
| ROICexc | 5.8% | ||
| ROICexgc | 6.1% | ||
| OM | 33.98% | ||
| PM (TTM) | 9.07% | ||
| GM | 67.61% | ||
| FCFM | 27.49% |
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 Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 5.59 | ||
| Debt/EBITDA | 2.07 | ||
| Cap/Depr | 87.91% | ||
| Cap/Sales | 27.11% | ||
| Interest Coverage | 4.03 | ||
| Cash Conversion | 84.24% | ||
| Profit Quality | 303% | ||
| Current Ratio | 0.33 | ||
| Quick Ratio | 0.3 | ||
| Altman-Z | 1.15 |
F-Score6
WACC8.08%
ROIC/WACC0.72
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)27.87%
EPS 3Y4.25%
EPS 5Y14.24%
EPS Q2Q%61.11%
EPS Next Y18.35%
EPS Next 2Y23.94%
EPS Next 3Y36.59%
EPS Next 5YN/A
Revenue 1Y (TTM)11.05%
Revenue growth 3Y-18.3%
Revenue growth 5Y-4.06%
Sales Q2Q%199.41%
Revenue Next Year20.62%
Revenue Next 2Y14.38%
Revenue Next 3Y12.91%
Revenue Next 5YN/A
EBIT growth 1Y186.34%
EBIT growth 3Y-45.54%
EBIT growth 5Y-6.23%
EBIT Next Year234.77%
EBIT Next 3Y61.72%
EBIT Next 5Y49.02%
FCF growth 1Y-1.97%
FCF growth 3Y-15.74%
FCF growth 5YN/A
OCF growth 1Y-18.8%
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.
What is the valuation status for CNX stock?
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 4 / 10.
What is the valuation of CNX RESOURCES CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CNX RESOURCES CORP (CNX) is 13.97 and the Price/Book (PB) ratio is 1.13.
Can you provide the expected EPS growth for CNX stock?
The Earnings per Share (EPS) of CNX RESOURCES CORP (CNX) is expected to grow by 18.35% in the next year.