CNX Resources Corporation

DB:CGD Stock Report

Market Cap: €4.1b

CNX Resources Valuation

Is CGD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CGD (€30.6) is trading below our estimate of future cash flow value (€94.96)

Significantly Below Future Cash Flow Value: CGD is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CGD?

Key metric: As CGD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CGD. This is calculated by dividing CGD's market cap by their current earnings.
What is CGD's PE Ratio?
PE Ratio16.9x
EarningsUS$292.29m
Market CapUS$4.95b

Price to Earnings Ratio vs Peers

How does CGD's PE Ratio compare to its peers?

The above table shows the PE ratio for CGD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.3x
DR0 Deutsche Rohstoff
7x-23.27%€251.1m
VH2 Friedrich Vorwerk Group
25.6x14.93%€1.8b
CRK Comstock Resources
97.4x58.81%US$6.6b
RRC Range Resources
15.2x19.23%US$8.5b
CGD CNX Resources
16.9x21.03%€5.0b

Price-To-Earnings vs Peers: CGD is good value based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (36.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CGD's PE Ratio compare vs other companies in the European Oil and Gas Industry?

13 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CGD 16.9xIndustry Avg. 14.0xNo. of Companies13PE0816243240+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CGD is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the European Oil and Gas industry average (13.8x).

Price to Earnings Ratio vs Fair Ratio

What is CGD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CGD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ratio29.6x

Price-To-Earnings vs Fair Ratio: CGD is good value based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CGD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€30.60
€29.60
-3.28%
17.62%€40.18€20.09n/a14
Jan ’27€31.00
€29.34
-5.35%
16.71%€41.67€20.41n/a14
Dec ’26€33.40
€28.92
-13.42%
12.32%€35.32€20.67n/a14
Nov ’26€28.20
€28.01
-0.68%
12.30%€35.57€20.82n/a14
Oct ’26€27.40
€27.04
-1.32%
13.65%€35.89€20.51n/a14
Sep ’26€24.60
€27.25
+10.77%
14.19%€35.25€20.64n/a13
Aug ’26€26.60
€28.23
+6.12%
12.24%€35.91€22.77n/a13
Jul ’26€28.40
€26.39
-7.08%
12.63%€33.96€21.23n/a12
Jun ’26€27.20
€27.53
+1.19%
13.01%€36.11€22.02n/a12
May ’26€26.00
€26.58
+2.25%
15.51%€36.03€18.45n/a12
Apr ’26€29.00
€28.52
-1.66%
19.30%€44.49€20.39n/a13
Mar ’26€27.40
€28.59
+4.35%
11.90%€33.44€21.02n/a13
Feb ’26€26.80
€28.94
+7.99%
12.61%€33.76€21.22n/a13
Jan ’26€35.00
€29.98
-14.35%
15.03%€35.57€22.11€31.0011
Dec ’25€38.00
€28.46
-25.09%
15.24%€33.21€18.98€33.4011
Nov ’25€31.20
€27.37
-12.27%
15.25%€32.23€18.42€28.2011
Oct ’25€29.20
€24.39
-16.47%
17.05%€34.33€18.07€27.4010
Sep ’25€25.00
€23.75
-4.99%
12.59%€27.89€17.99€24.6010
Aug ’25€24.40
€24.42
+0.082%
11.39%€28.68€20.35€26.6010
Jul ’25€22.60
€23.84
+5.49%
10.65%€27.94€20.49€28.4010
Jun ’25€24.20
€23.70
-2.05%
10.65%€27.78€20.37€27.2010
May ’25€22.40
€23.70
+5.81%
9.69%€28.10€20.61€26.0010
Apr ’25€22.00
€21.50
-2.28%
11.00%€26.07€16.76€29.0011
Mar ’25€19.30
€20.10
+4.16%
13.89%€24.98€15.73€27.4011
Feb ’25€18.60
€20.02
+7.66%
13.69%€24.99€15.73€26.8011
Jan ’25€18.20
€20.57
+13.05%
12.87%€24.44€16.30€35.0011
€29.46
Fair Value
3.9% overvalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/28 14:19
End of Day Share Price 2026/01/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CNX Resources Corporation is covered by 43 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph AllmanBaird
Wei JiangBarclays
Peter WardBarclays