Is CN ENERGY GROUP Inc (CNEY) Stock a Good Investment?

Learn more about whether CN ENERGY GROUP Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. Read on to find out how (CNEY) grades on certain investment factors and determine whether it meets your investment needs.

Latest CN ENERGY GROUP Inc Stock News

As of February 02, 2023, CN ENERGY GROUP Inc had a $20.4 million market capitalization, putting it in the 16th percentile of companies in the Chemicals – Commodity industry.

CN ENERGY GROUP Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. CN ENERGY GROUP Inc’s trailing 12-month revenue is $0.0 million with a % profit margin. Year-over-year quarterly sales growth most recently was 112.8%. There are not analysts providing consensus earnings estimates for the current fiscal year. CN ENERGY GROUP Inc does not currently pay a dividend.

The outlook for the chemicals commodity sub-industry is positive. This industry acts as a middleman to many end markets, so there are a variety of possible mechanisms to spur growth for the industry. There are favorable supply and demand conditions for companies in this sub-industry, with the increase of financial expenditures over the last year. The effects of the pandemic are still being felt throughout supply chains all over the world. Petrochemicals, a main component of this industry, can be defined as a large group of chemicals derived from natural gas and petroleum. The early part of 2021 saw the gulf coast experiencing severe weather, which shut down many petrochemical plants. This increased the price of petrochemicals dramatically, decreasing the already narrow supply. Analysts see this low supply continuing over the next months into 2022. This low supply equates to higher prices that the sub-industry can demand from customers.

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Grading CN ENERGY GROUP Inc Stock

Before you choose to buy, sell or hold CN ENERGY GROUP Inc stock, you’ll want to analyze how it has been graded. Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. To help individual investors decide whether or not to buy (CNEY) stock, AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way that is suitable for investors of all knowledge levels.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for each of five key investing factors: value, growth, momentum, earnings revisions and quality. Here, we’ll take a closer look at CN ENERGY GROUP Inc’s stock grades for value, growth and quality.

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CN ENERGY GROUP Inc Stock Growth Grade

Growth Grade:

Metric Metric Score CNEY Sector Median
Sales Growth 5yr Ann’l 0 0.0% 8.3%
Sales Increases YoY Last 5 yrs 0 0 of 5 3 of 5
Cash from Operations Ann’l Positive Last 5 yrs 35 1 of 5 5 of 5

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the Growth Score and assign it a letter grade, the percentile ranks for each of the three individual components‐consistency of annual sales growth, five‐year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered Very Weak, while those in the top 20% receive A grades, which are considered Very Strong.

CN ENERGY GROUP Inc has a Growth Score of 27, which is Weak.

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CN ENERGY GROUP Inc Stock Momentum Grade

Momentum Grade:

Metric Score CNEY Sector Median
Relative Price Strength (Q1) 1 (76.7%) 12.4%
Relative Price Strength (Q2) 23 (23.2%) (2.5%)
Relative Price Strength (Q3) 99 90.0% (18.7%)
Relative Price Strength (Q4) 22 (19.1%) 10.7%
Relative Price Strength (weighted 4 qtr) 10 (21.1%) 4.9%

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

CN ENERGY GROUP Inc has a Momentum Score of 10, which is Very Weak.

Other CN ENERGY GROUP Inc Stock Grades

In addition to Momentum and Growth, A+ Investor also provides grades for Value, Estimate Revisions and Quality.

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AAII’s expansive and robust screening tools like A+ Investor help investors make confident decisions.

The Earnings Estimate Revisions Grade takes into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too). AAII’s stock screen that follows the companies with the highest earnings estimate revisions (i.e., the best grades) has a 23.3% backtested annual return since inception, whereas an example screen following those with the worst revisions has a backtested annual return since inception of under 5%.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the Quality Grade is the percentile rank of the composite return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F—Score.

These 3 key factors, when combined with the above, provide a holistic view into a stock. Further, by joining A+ Investor you can see whether CN ENERGY GROUP Inc’s stock passes any of our 60+ stock screens that have outperformed the market since their creation.

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Should I Buy CN ENERGY GROUP Inc Stock?

Overall, CN ENERGY GROUP Inc stock has a Growth Grade of D, Momentum Grade of F .

Whether or not you should buy CN ENERGY GROUP Inc stock will ultimately depend on your individual goals, risk tolerance and allocation. AAII can help you figure these out and identify which investments align with what works best for you.

Lastly, it’s important to evaluate a stock by comparing it against others in the same industry. Review the table below to see how CN ENERGY GROUP Inc stock stands up against its competitors. Click into any of the below tickers to see their stock grades for value, momentum, quality and EPS revisions.

CN ENERGY GROUP Inc (CNEY) Competitors

Companies similar to CN ENERGY GROUP Inc in the Chemicals – Commodity industry.

CN ENERGY GROUP Inc Stock: Bottom Line

You can use the information about how CN ENERGY GROUP Inc stock is graded to determine if you should invest in this specific company. However, you should decide whether CN ENERGY GROUP Inc stock is a buy, sell or hold based on a combination of grades, metrics, ratios and U.S. Securities and Exchange Commission (SEC) reports.

We encourage investors to do their own due diligence and research through programs of education that teach you to invest for yourself. In this way, you can effectively become a manager of your own wealth&hyphen;without having to rely on others for your financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

So, if you’re still on the fence about whether CN ENERGY GROUP Inc stock is a buy, sell or hold, you can utilize our expansive and robust screening tools like A+ Investor to help make your decision.

A+ Investor adds to its qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions, find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs and understand your portfolio at a more detailed level.

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