WallStSmart
CNX

CNX Resources Corp

NYSE: CNX · ENERGY · OIL & GAS E&P

$39.32
+0.38% today

Updated 2026-04-29

Market cap
$5.58B
P/E ratio
9.88
P/S ratio
2.70x
EPS (TTM)
$3.98
Dividend yield
52W range
$28 – $44
Volume
2.3M

CNX Resources Corp (CNX) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for CNX.

WallStSmart Verdict
Attractively
Valued

Fundamentals support the current valuation. Strong combination of growth, quality, and price.

Smart Value Score: 83 / 100
P/E (TTM)
9.9x
vs 5Y median of 9.7x
PEG
1.93
Fair range
Margin of Safety
-35.49%
Fair value $29.50 vs $39.32
EV / EBITDA
0.0x

CNX historical valuation range

Where current P/E sits in CNX's own 5Y range.

NOW
1.9x
5Y Low
3.9x
25th
9.7x
Median
9.9x
75th
57.1x
5Y High
CNX is trading more expensive than 75% of the last 5Y.
75th percentile · Historically expensive

CNX intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$39.32
Market value
Intrinsic value
$29.50
DCF estimate
Margin of safety
-35.49%
-25.0% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

CNX valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

!
PEG in fair range
PEG of 1.93 suggests price reflects growth fairly. Neither a bargain nor overpriced.
!
P/E in mid-range
P/E sits at the 75th percentile of the 5Y range. Neither cheap nor rich historically.
Premium to fair value
Price exceeds DCF intrinsic value by 35.5%. Limited downside protection.

P/E Ratio — History

Current: 9.88x

P/S Ratio — History

Current: 2.70x

Is CNX overvalued in 2026?

CNX Resources Corp (CNX) currently trades at $39.32 per share with a market capitalization of $5,583,004,000.00. Based on our multi-factor framework, the stock looks attractively valued with a Smart Value Score of 83/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 9.9x, above its 5-year median of 9.7x. The PEG ratio of 1.93 points to a price that reasonably reflects expected earnings growth.

Looking at its own history, CNX is currently trading more expensive than 75% of the last 5Y on P/E. This places it in the 75th percentile of its historical range, a reasonable but unremarkable position.

Our discounted cash flow model estimates CNX's intrinsic value at $29.50 per share, against the current market price of $39.32. This implies a premium to fair value of -35.49%. The current price sits well above what projected cash flows justify, implying investors are paying for growth that has not yet materialized.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: CNX looks attractively valued on our framework, with a Smart Value Score of 83/100. The combination of reasonable price, healthy growth, and quality fundamentals makes it worth serious consideration.

Frequently asked questions

Is CNX overvalued in 2026?

Based on a Smart Value Score of 83/100, CNX is not overvalued. Fundamentals support the current price and offer reasonable margin of safety.

What is CNX's fair value?

Our DCF model estimates CNX's intrinsic value at $29.50 per share, versus the current price of $39.32. This produces a margin of safety of -35.49%.

What P/E ratio does CNX trade at?

CNX trades at a P/E of 9.9x on trailing twelve-month earnings, compared to its 5-year median of 9.7x.

Is CNX a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 83/100 reflects the combined read on growth, quality, and price. The profile skews favorable for long-term accumulation.

How does CNX's valuation compare to its history?

On P/E, CNX currently sits in the 75th percentile of its own 5Y range. That is historically expensive relative to where it has traded over the period.

What is CNX's Smart Value Score?

CNX's Smart Value Score is 83/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.