CSX CORP (CSX)
US1264081035 - Common Stock
Taking everything into account, CSX scores 5 out of 10 in our fundamental rating. CSX was compared to 36 industry peers in the Ground Transportation industry. CSX has an excellent profitability rating, but there are concerns on its financial health. CSX has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
CSX had positive earnings in the past year.
CSX had a positive operating cash flow in the past year.
Each year in the past 5 years CSX has been profitable.
CSX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CSX has a better Return On Assets (8.48%) than 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 28.74%, CSX belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
CSX has a Return On Invested Capital of 10.45%. This is amongst the best in the industry. CSX outperforms 80.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSX is above the industry average of 7.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 28.74% | ||
| ROIC | 10.45% |
ROA(3y)9.34%
ROA(5y)8.74%
ROE(3y)30.56%
ROE(5y)28.18%
ROIC(3y)10.75%
ROIC(5y)10.28%
1.3 Margins
CSX's Profit Margin of 24.75% is amongst the best of the industry. CSX outperforms 88.89% of its industry peers.
In the last couple of years the Profit Margin of CSX has remained more or less at the same level.
Looking at the Operating Margin, with a value of 37.07%, CSX belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
In the last couple of years the Operating Margin of CSX has remained more or less at the same level.
CSX's Gross Margin of 71.81% is fine compared to the rest of the industry. CSX outperforms 75.00% of its industry peers.
In the last couple of years the Gross Margin of CSX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.07% | ||
| PM (TTM) | 24.75% | ||
| GM | 71.81% |
OM growth 3Y-2.92%
OM growth 5Y-0.65%
PM growth 3Y-1.01%
PM growth 5Y-1.26%
GM growth 3Y-3.15%
GM growth 5Y-0.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CSX is creating some value.
The number of shares outstanding for CSX has been reduced compared to 1 year ago.
Compared to 5 years ago, CSX has less shares outstanding
Compared to 1 year ago, CSX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.46 indicates that CSX is not a great score, but indicates only limited risk for bankruptcy at the moment.
CSX has a Altman-Z score (2.46) which is in line with its industry peers.
The Debt to FCF ratio of CSX is 6.13, which is on the high side as it means it would take CSX, 6.13 years of fcf income to pay off all of its debts.
CSX has a Debt to FCF ratio of 6.13. This is in the better half of the industry: CSX outperforms 77.78% of its industry peers.
CSX has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CSX (1.42) is worse than 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 6.13 | ||
| Altman-Z | 2.46 |
ROIC/WACC1.25
WACC8.37%
2.3 Liquidity
A Current Ratio of 1.15 indicates that CSX should not have too much problems paying its short term obligations.
The Current ratio of CSX (1.15) is comparable to the rest of the industry.
A Quick Ratio of 1.00 indicates that CSX may have some problems paying its short term obligations.
CSX has a worse Quick ratio (1.00) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The earnings per share for CSX have decreased by -9.00% in the last year.
The Earnings Per Share has been growing slightly by 7.47% on average over the past years.
CSX shows a decrease in Revenue. In the last year, the revenue decreased by -3.39%.
CSX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.65% yearly.
EPS 1Y (TTM)-9%
EPS 3Y14.78%
EPS 5Y7.47%
EPS growth Q2Q-4.17%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y11.47%
Revenue growth 5Y3.65%
Revenue growth Q2Q-0.67%
3.2 Future
The Earnings Per Share is expected to grow by 7.21% on average over the next years.
The Revenue is expected to grow by 2.59% on average over the next years.
EPS Next Y8.03%
EPS Next 2Y9.69%
EPS Next 3Y8.71%
EPS Next 5Y7.21%
Revenue Next Year2.9%
Revenue Next 2Y3.52%
Revenue Next 3Y3.4%
Revenue Next 5Y2.59%
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 stable.
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
The Price/Earnings ratio is 19.02, which indicates a rather expensive current valuation of CSX.
Based on the Price/Earnings ratio, CSX is valued a bit cheaper than 69.44% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.95. CSX is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 15.64, which indicates a correct valuation of CSX.
CSX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CSX is cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.40. CSX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.02 | ||
| Fwd PE | 15.64 |
4.2 Price Multiples
61.11% of the companies in the same industry are more expensive than CSX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CSX is valued cheaper than 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.44 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CSX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.37
PEG (5Y)2.55
EPS Next 2Y9.69%
EPS Next 3Y8.71%
5. Dividend
5.1 Amount
CSX has a Yearly Dividend Yield of 1.40%.
CSX's Dividend Yield is a higher than the industry average which is at 1.79.
With a Dividend Yield of 1.40, CSX pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
5.2 History
The dividend of CSX is nicely growing with an annual growth rate of 8.38%!
CSX has paid a dividend for at least 10 years, which is a reliable track record.
CSX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.38%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
CSX pays out 24.61% of its income as dividend. This is a sustainable payout ratio.
The dividend of CSX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.61%
EPS Next 2Y9.69%
EPS Next 3Y8.71%
CSX CORP
NASDAQ:CSX (4/22/2024, 7:00:01 PM)
After market: 34.63 +0.01 (+0.03%)34.62
+0.28 (+0.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap67.77B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.4% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.02 | ||
| Fwd PE | 15.64 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.37
PEG (5Y)2.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.48% | ||
| ROE | 28.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 37.07% | ||
| PM (TTM) | 24.75% | ||
| GM | 71.81% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-9%
EPS 3Y14.78%
EPS 5Y
EPS growth Q2Q
EPS Next Y8.03%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y11.47%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y