CION Investment Corporation (CION)

CION Investment Statistics

Total Valuation

CION has a market cap or net worth of $609.59 million. The enterprise value is $1.63 billion.

Market Cap	609.59M
Enterprise Value	1.63B

Important Dates

The last earnings date was Thursday, November 7, 2024, before market open.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	Sep 3, 2024

Share Statistics

CION has 53.29 million shares outstanding. The number of shares has decreased by -2.12% in one year.

Current Share Class	53.29M
Shares Outstanding	53.29M
Shares Change (YoY)	-2.12%
Shares Change (QoQ)	-0.29%
Owned by Insiders (%)	0.40%
Owned by Institutions (%)	33.56%
Float	n/a

Valuation Ratios

The trailing PE ratio is 7.75 and the forward PE ratio is 8.14.

PE Ratio	7.75
Forward PE	8.14
PS Ratio	2.42
Forward PS	2.67
PB Ratio	0.74
P/TBV Ratio	0.73
P/FCF Ratio	7.91
P/OCF Ratio	7.91
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	20.58
EV / Sales	6.42
EV / EBITDA	n/a
EV / EBIT	8.40
EV / FCF	21.23

Financial Position

The company has a current ratio of 5.09, with a Debt / Equity ratio of 1.26.

Current Ratio	5.09
Quick Ratio	5.02
Debt / Equity	1.26
Debt / EBITDA	n/a
Debt / FCF	13.70
Interest Coverage	2.03

Financial Efficiency

Return on equity (ROE) is 9.35% and return on invested capital (ROIC) is 6.48%.

Return on Equity (ROE)	9.35%
Return on Assets (ROA)	6.38%
Return on Capital (ROIC)	6.48%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.13
Inventory Turnover	n/a

Taxes

In the past 12 months, CION has paid $48,000 in taxes.

Income Tax	48,000
Effective Tax Rate	0.06%

Stock Price Statistics

The stock price has increased by +3.44% in the last 52 weeks. The beta is 1.14, so CION's price volatility has been higher than the market average.

Beta (5Y)	1.14
52-Week Price Change	+3.44%
50-Day Moving Average	11.78
200-Day Moving Average	11.72
Relative Strength Index (RSI)	42.15
Average Volume (20 Days)	207,979

Short Selling Information

The latest short interest is 70,390, so 0.13% of the outstanding shares have been sold short.

Short Interest	70,390
Short Previous Month	137,166
Short % of Shares Out	0.13%
Short % of Float	n/a
Short Ratio (days to cover)	0.46

Income Statement

In the last 12 months, CION had revenue of $254.54 million and earned $79.44 million in profits. Earnings per share was $1.48.

Revenue	254.54M
Gross Profit	254.54M
Operating Income	194.63M
Pretax Income	127.12M
Net Income	79.44M
EBITDA	n/a
EBIT	194.63M
Earnings Per Share (EPS)	$1.48

Balance Sheet

The company has $29.77 million in cash and $1.05 billion in debt, giving a net cash position of -$1.03 billion or -$19.24 per share.

Cash & Cash Equivalents	29.77M
Total Debt	1.05B
Net Cash	-1.03B
Net Cash Per Share	-$19.24
Equity (Book Value)	839.19M
Book Value Per Share	15.49
Working Capital	87.88M

Cash Flow

Operating Cash Flow	77.02M
Capital Expenditures	n/a
Free Cash Flow	77.02M
FCF Per Share	$1.45

Margins

Gross margin is 100.00%, with operating and profit margins of 76.46% and 31.21%.

Gross Margin	100.00%
Operating Margin	76.46%
Pretax Margin	31.23%
Profit Margin	31.21%
EBITDA Margin	n/a
EBIT Margin	76.46%
FCF Margin	6.92%

Dividends & Yields

This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 12.24%.

Dividend Per Share	$1.40
Dividend Yield	12.24%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	3
Payout Ratio	94.85%
Buyback Yield	2.12%
Shareholder Yield	14.36%
Earnings Yield	13.03%
FCF Yield	12.63%

Analyst Forecast

The average price target for CION is $12.25, which is 7.08% higher than the current price. The consensus rating is "Hold".

Price Target	$12.25
Price Target Difference	7.08%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

CION has an Altman Z-Score of 0.73 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.73
Piotroski F-Score	5