CNX Resources (FRA:CGD) EV-to-EBITDA: 4.05 (As of Aug. 26, 2026) — 23% Below Median

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FRA:CGD CNX Resources Corp FRA:CGD
70 GF Score
Price €31.24
GF Value €37.69
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is CNX Resources EV-to-EBITDA?

CNX Resources FRA:CGD +0.71% 70 EV-to-EBITDA is 4.05 as of Aug. 26, 2026, which is 23% below its 10-year median of 5.23. GuruFocus rates FRA:CGD with a GF Score™ of 70/100 and a GF Value™ of €37.69 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 775 Oil & Gas companies, CNX Resources ranks better than 78.19% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CNX Resources's enterprise value is €6,599 Mil. CNX Resources's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,628 Mil. Therefore, CNX Resources's EV-to-EBITDA for today is 4.05.

The historical rank and industry rank for CNX Resources's EV-to-EBITDA or its related term are showing as below:

FRA:CGD' s EV-to-EBITDA Range Over the Past 10 Years
Min: -122.96   Med: 5.23   Max: 227.81
Current: 4.08

During the past 13 years, the highest EV-to-EBITDA of CNX Resources was 227.81. The lowest was -122.96. And the median was 5.23.

FRA:CGD's EV-to-EBITDA is ranked better than
78.19% of 775 companies
in the Oil & Gas industry
Industry Median: 7.52 vs FRA:CGD: 4.08

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-26), CNX Resources's stock price is €31.24. CNX Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €5.156. Therefore, CNX Resources's PE Ratio (TTM) for today is 6.06.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


CNX Resources  (FRA:CGD) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

CNX Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=31.24/5.156
=6.06

CNX Resources's share price for today is €31.24.
CNX Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.156.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


CNX Resources EV-to-EBITDA Related Terms


CNX Resources EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CNX Resources's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CNX Resources EV-to-EBITDA Chart

CNX Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.27 13.91 1.95 14.99 5.07

CNX Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.43 6.47 5.07 3.55 3.93

FRA:CGD vs CRC, MUR, CRK: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, CNX Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNX Resources EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNX Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CNX Resources's EV-to-EBITDA falls into.


FRA:CGD
70GF Score
CNX Resources Corp FRA:CGD
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNX Resources EV-to-EBITDA Calculation

CNX Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6599.229/1627.513
=4.05

CNX Resources's current Enterprise Value is €6,599 Mil.
CNX Resources's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,628 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 4.05 mean?
CNX Resources (FRA:CGD) has a EV-to-EBITDA of 4.05 as of Aug. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CNX Resources. This is 23% below median its historical median of 5.23. According to the industry distribution chart, CNX Resources ranks #169 out of 775 companies in the Oil & Gas industry, placing it in the top 21.8%.
Is CNX Resources' EV-to-EBITDA too high?
CNX Resources' current EV-to-EBITDA of 4.05 is 23% below median its 10-year median of 5.23. The Oil & Gas industry median EV-to-EBITDA is 7.52. CNX Resources' value of 4.05 is 46.1% below this industry median. Based on the distribution chart, CNX Resources ranks #169 out of 775 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CNX Resources has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNX Resources' EV-to-EBITDA compare to CRC and MUR?
According to the Oil & Gas industry distribution chart, CNX Resources ranks #169 out of 775 companies for EV-to-EBITDA. This places CNX Resources in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.52. CNX Resources' value of 4.05 is 46.1% below this benchmark. While the company's 10-year median is 5.23 vs. the industry median of 7.52, CNX Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.52, based on 775 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNX Resources's current EV-to-EBITDA of 4.05 is 46.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CNX Resources. For the Oil & Gas industry, the median EV-to-EBITDA is 7.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNX Resources's current EV-to-EBITDA is 4.05, which is 23% below median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNX Resources stock overvalued right now?
Based on GuruFocus' analysis, CNX Resources (FRA:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.69, compared to a current price of €31.24 — trading 17.1% below its estimated fair value. The current EV-to-EBITDA is 4.05, which is 23% below median its 10-year median of 5.23 and 46.1% below the Oil & Gas industry median of 7.52. CNX Resources' overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For CNX Resources (FRA:CGD), the current EV-to-EBITDA is 4.05 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CNX Resources (FRA:CGD) Overvalued in 2026?

Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued. The current stock price of €31.24 is trading 17.1% below its estimated GF Value™ of €37.69. GuruFocus considers CNX Resources to be Modestly Undervalued.

Key valuation signals for FRA:CGD:

  • EV-to-EBITDA: 4.05 (23% below median its 10-year median of 5.23)
  • GF Value™: €37.69 vs. price of €31.24 (17.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 46.1% below the Oil & Gas median (#169 of 775)

No single metric tells the full story. See the FRA:CGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNX Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CNX:USACGD:Germany
Address 1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.
70GF Score

Get the complete analysis for FRA:CGD

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€31.24
Price
€37.69
GF Value