Corning Natural Gas Holding Corporation Logo

Corning Natural Gas Holding Corporation

CNIG

(1.5)
Stock Price

24,70 USD

1.07% ROA

3.99% ROE

49.97x PER

Market Cap.

0,00 USD

281.12% DER

0% Yield

4.33% NPM

Corning Natural Gas Holding Corporation Stock Analysis

Corning Natural Gas Holding Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Corning Natural Gas Holding Corporation Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.412), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

3 ROE

ROE in an average range (3.99%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (1.07%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.15x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

7 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

8 DER

The company has a high debt to equity ratio (281%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

11 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

Corning Natural Gas Holding Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Corning Natural Gas Holding Corporation Technical Stock Analysis
# Analysis Recommendation

Corning Natural Gas Holding Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Corning Natural Gas Holding Corporation Revenue
Year Revenue Growth
1998 16.673.295
1999 16.276.170 -2.44%
2000 24.303.894 33.03%
2001 31.300.864 22.35%
2002 23.846.446 -31.26%
2003 25.530.063 6.59%
2004 21.995.505 -16.07%
2005 22.877.858 3.86%
2006 26.920.000 15.02%
2007 24.500.000 -9.88%
2008 25.780.000 4.97%
2009 23.700.000 -8.78%
2010 22.450.000 -5.57%
2011 22.830.000 1.66%
2012 19.440.000 -17.44%
2013 23.470.000 17.17%
2014 25.460.000 7.82%
2015 22.503.410 -13.14%
2016 19.709.250 -14.18%
2017 30.042.167 34.39%
2018 34.277.161 12.36%
2019 35.539.980 3.55%
2020 32.385.885 -9.74%
2021 35.235.545 8.09%
2022 67.858.936 48.08%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Corning Natural Gas Holding Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Corning Natural Gas Holding Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Corning Natural Gas Holding Corporation EBITDA
Year EBITDA Growth
1998 1.477.308
1999 1.333.228 -10.81%
2000 483.529 -175.73%
2001 748.590 35.41%
2002 613.690 -21.98%
2003 -243.443 352.09%
2004 674.886 136.07%
2005 1.051.786 35.83%
2006 -5.530.000 119.02%
2007 360.000 1636.11%
2008 330.000 -9.09%
2009 692.197 52.33%
2010 2.513.066 72.46%
2011 2.338.953 -7.44%
2012 2.888.458 19.02%
2013 5.810.142 50.29%
2014 5.759.554 -0.88%
2015 5.390.228 -6.85%
2016 6.858.771 21.41%
2017 6.838.929 -0.29%
2018 8.335.538 17.95%
2019 9.272.120 10.1%
2020 9.350.145 0.83%
2021 5.125.819 -82.41%
2022 19.933.980 74.29%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Corning Natural Gas Holding Corporation Gross Profit
Year Gross Profit Growth
1998 7.263.907
1999 6.816.557 -6.56%
2000 14.729.479 53.72%
2001 14.265.538 -3.25%
2002 13.082.633 -9.04%
2003 11.998.574 -9.03%
2004 7.886.343 -52.14%
2005 8.390.704 6.01%
2006 7.490.000 -12.03%
2007 9.650.000 22.38%
2008 11.080.000 12.91%
2009 10.660.000 -3.94%
2010 12.800.000 16.72%
2011 13.120.000 2.44%
2012 12.660.000 -3.63%
2013 14.890.000 14.98%
2014 15.710.000 5.22%
2015 15.395.880 -2.04%
2016 15.556.550 1.03%
2017 9.801.873 -58.71%
2018 12.178.614 19.52%
2019 24.990.340 51.27%
2020 25.275.334 1.13%
2021 25.918.520 2.48%
2022 40.469.856 35.96%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Corning Natural Gas Holding Corporation Net Profit
Year Net Profit Growth
1998 640.157
1999 437.948 -46.17%
2000 471.452 7.11%
2001 606.550 22.27%
2002 526.153 -15.28%
2003 -91.512 674.96%
2004 612.869 114.93%
2005 626.530 2.18%
2006 -3.620.000 117.31%
2007 260.000 1492.31%
2008 1.010.000 74.26%
2009 670.000 -50.75%
2010 1.640.000 59.15%
2011 1.350.000 -21.48%
2012 1.350.000 0%
2013 1.790.000 24.58%
2014 2.070.000 13.53%
2015 1.782.080 -16.16%
2016 3.121.390 42.91%
2017 2.100.628 -48.59%
2018 2.144.268 2.04%
2019 3.124.230 31.37%
2020 5.122.034 39%
2021 1.524.903 -235.89%
2022 9.874.184 84.56%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Corning Natural Gas Holding Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 1
1999 0 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 0 0%
2004 1 0%
2005 1 0%
2006 -4 100%
2007 0 0%
2008 1 0%
2009 0 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 1 0%
2019 1 0%
2020 2 100%
2021 0 0%
2022 3 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Corning Natural Gas Holding Corporation Free Cashflow
Year Free Cashflow Growth
1998 -28.114
1999 1.131.471 102.48%
2000 -1.960.142 157.72%
2001 2.360.182 183.05%
2002 -565.748 517.18%
2003 -1.874.322 69.82%
2004 9.525 19777.92%
2005 -1.901.355 100.5%
2006 1.182.872 260.74%
2007 -4.030.481 129.35%
2008 -1.660.191 -142.77%
2009 -2.894.084 42.64%
2010 -418.274 -591.91%
2011 -1.078.465 61.22%
2012 -5.183.473 79.19%
2013 -1.598.973 -224.18%
2014 -2.816.849 43.24%
2015 -320.641 -778.51%
2016 -4.384.005 92.69%
2017 -3.495.392 -25.42%
2018 -1.946.723 -79.55%
2019 -20.723 -9294.02%
2020 -3.133.805 99.34%
2021 -6.744.666 53.54%
2022 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Corning Natural Gas Holding Corporation Operating Cashflow
Year Operating Cashflow Growth
1998 942.921
1999 2.282.189 58.68%
2000 -1.285.369 277.55%
2001 3.273.642 139.26%
2002 800.216 -309.09%
2003 -623.586 228.32%
2004 835.655 174.62%
2005 -741.234 212.74%
2006 2.837.101 126.13%
2007 -2.297.714 223.47%
2008 2.513.972 191.4%
2009 2.160.125 -16.38%
2010 4.276.403 49.49%
2011 2.780.837 -53.78%
2012 1.697.028 -63.87%
2013 4.543.269 62.65%
2014 5.582.187 18.61%
2015 5.504.513 -1.41%
2016 3.120.950 -76.37%
2017 2.951.887 -5.73%
2018 5.885.984 49.85%
2019 6.607.439 10.92%
2020 5.538.357 -19.3%
2021 4.243.425 -30.52%
2022 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Corning Natural Gas Holding Corporation Capital Expenditure
Year Capital Expenditure Growth
1998 971.035
1999 1.150.718 15.61%
2000 674.773 -70.53%
2001 913.460 26.13%
2002 1.365.964 33.13%
2003 1.250.736 -9.21%
2004 826.130 -51.4%
2005 1.160.121 28.79%
2006 1.654.229 29.87%
2007 1.732.767 4.53%
2008 4.174.163 58.49%
2009 5.054.209 17.41%
2010 4.694.677 -7.66%
2011 3.859.302 -21.65%
2012 6.880.501 43.91%
2013 6.142.242 -12.02%
2014 8.399.036 26.87%
2015 5.825.154 -44.19%
2016 7.504.955 22.38%
2017 6.447.279 -16.4%
2018 7.832.707 17.69%
2019 6.628.162 -18.17%
2020 8.672.162 23.57%
2021 10.988.091 21.08%
2022 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Corning Natural Gas Holding Corporation Equity
Year Equity Growth
1998 5.396.479
1999 5.112.166 -5.56%
2000 5.051.525 -1.2%
2001 4.889.655 -3.31%
2002 4.168.840 -17.29%
2003 3.463.943 -20.35%
2004 4.836.577 28.38%
2005 5.033.660 3.92%
2006 2.645.293 -90.29%
2007 7.190.589 63.21%
2008 7.850.313 8.4%
2009 9.396.862 16.46%
2010 13.676.797 31.29%
2011 14.646.582 6.62%
2012 20.975.561 30.17%
2013 23.391.931 10.33%
2014 26.585.186 12.01%
2015 29.728.432 10.57%
2016 36.710.476 19.02%
2017 37.279.589 1.53%
2018 37.792.571 1.36%
2019 39.384.598 4.04%
2020 40.888.452 3.68%
2021 35.472.550 -15.27%
2022 37.342.544 5.01%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Corning Natural Gas Holding Corporation Assets
Year Assets Growth
1998 24.824.758
1999 26.489.195 6.28%
2000 30.326.512 12.65%
2001 29.330.254 -3.4%
2002 28.853.981 -1.65%
2003 30.735.916 6.12%
2004 28.945.311 -6.19%
2005 31.881.286 9.21%
2006 27.337.962 -16.62%
2007 30.295.666 9.76%
2008 33.786.320 10.33%
2009 38.997.300 13.36%
2010 41.491.639 6.01%
2011 45.005.488 7.81%
2012 51.614.204 12.8%
2013 55.018.600 6.19%
2014 62.522.061 12%
2015 71.415.778 12.45%
2016 107.004.474 33.26%
2017 106.360.410 -0.61%
2018 111.743.205 4.82%
2019 118.608.648 5.79%
2020 136.459.306 13.08%
2021 144.054.747 5.27%
2022 152.913.183 5.79%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Corning Natural Gas Holding Corporation Liabilities
Year Liabilities Growth
1998 19.428.279
1999 21.377.029 9.12%
2000 25.274.987 15.42%
2001 24.440.599 -3.41%
2002 24.685.141 0.99%
2003 27.271.973 9.49%
2004 24.108.734 -13.12%
2005 26.847.626 10.2%
2006 24.692.669 -8.73%
2007 23.105.077 -6.87%
2008 25.936.007 10.92%
2009 29.600.438 12.38%
2010 27.814.842 -6.42%
2011 30.358.906 8.38%
2012 30.638.643 0.91%
2013 31.626.669 3.12%
2014 35.936.875 11.99%
2015 41.687.346 13.79%
2016 70.293.998 40.7%
2017 69.080.821 -1.76%
2018 73.950.634 6.59%
2019 79.224.050 6.66%
2020 136.459.306 41.94%
2021 144.054.747 5.27%
2022 115.570.639 -24.65%

Corning Natural Gas Holding Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.42
Net Income per Share
0.49
Price to Earning Ratio
49.97x
Price To Sales Ratio
0x
POCF Ratio
17.96
PFCF Ratio
0
Price to Book Ratio
2.15
EV to Sales
2.82
EV Over EBITDA
19.39
EV to Operating CashFlow
23.42
EV to FreeCashFlow
-14.74
Earnings Yield
0.02
FreeCashFlow Yield
0
Market Cap
0,00 Bil.
Enterprise Value
0,10 Bil.
Graham Number
11.31
Graham NetNet
-45.4

Income Statement Metrics

Net Income per Share
0.49
Income Quality
2.78
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.04
Net Income per EBT
0.77
EBT Per Ebit
0.46
Ebit per Revenue
0.12
Effective Tax Rate
1.86

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.74
Operating Profit Margin
0.12
Pretax Profit Margin
0.06
Net Profit Margin
0.04

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.38
Free CashFlow per Share
-2.19
Capex to Operating CashFlow
-2.59
Capex to Revenue
-0.31
Capex to Depreciation
-3.29
Return on Invested Capital
-0.03
Return on Tangible Assets
0.01
Days Sales Outstanding
25.71
Days Payables Outstanding
150.6
Days of Inventory on Hand
141.24
Receivables Turnover
14.2
Payables Turnover
2.42
Inventory Turnover
2.58
Capex per Share
-3.56

Balance Sheet

Cash per Share
0,11
Book Value per Share
11,50
Tangible Book Value per Share
-0.3
Shareholders Equity per Share
11.5
Interest Debt per Share
31.21
Debt to Equity
2.81
Debt to Assets
0.69
Net Debt to EBITDA
19.39
Current Ratio
0.4
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
-0,13 Bil.
Invested Capital
2.81
Working Capital
-0,02 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
3380822.5
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Corning Natural Gas Holding Corporation Dividends
Year Dividends Growth
2009 1
2010 1 100%
2011 1 0%
2012 0 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 0 0%

Corning Natural Gas Holding Corporation Profile

About Corning Natural Gas Holding Corporation

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. The company offers natural gas to approximately 15,000 customers through approximately 434 miles of distribution main and 86 regulating stations; and electricity to approximately 4,900 customers through approximately 160 miles of electric distribution wire and poles, and 20 miles of gas distribution pipe. It also owns 4 gate stations and approximately 18 miles of pipe in Susquehanna and Bradford Counties, Pennsylvania. The company serves residential, commercial, industrial, and municipal customers in the Corning, Hammondsport, and Virgil areas, as well as in Pike county; and distributes to 2 other gas utilities that serve the Elmira and Bath areas of New York. The company was incorporated in 1904 and is headquartered in Corning, New York. As of July 6, 2022, Corning Natural Gas Holding Corporation was taken private.

CEO
Mr. Michael I. German
Employee
73
Address
330 West William Street
Corning, 14830

Corning Natural Gas Holding Corporation Executives & BODs

Corning Natural Gas Holding Corporation Executives & BODs
# Name Age

Corning Natural Gas Holding Corporation Competitors