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CION
CION Investment Corporation
$6.83
0.06
(0.89%)
| Exchange: | NYSE |
| Market Cap: | 352.913M |
| Shares Outstanding: | 250169 |
About The Company
| Sector: | Financial Services | |||||
| Industry: | Asset Management | |||||
| CEO: | Michael A. Reisner | |||||
| Full Time Employees: | 500 | |||||
| Address: |
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| Website: | https://www.cionbdc.com |
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $25 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 192,169 | 142,819 | 201,252 |
| Gross Profit | 106,613 | 45,949 | 149,759 |
| EBITDA | 95,260 | 34,009 | 69,824 |
| Operating Income | 95,260 | 34,009 | 69,824 |
| Net Income | 95,314 | 33,902 | -20,631 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 2,001,724 | 1,945,728 | 1,854,800 |
| Total Liabilities | 1,122,161 | 1,124,918 | 1,147,172 |
| Total Stockholders Equity | 879,563 | 820,810 | 707,628 |
| Total Debt | 1,081,701 | 1,099,188 | 1,125,607 |
| Cash and Cash Equivalents | 8,415 | 7,670 | 8,159 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -97,151 | 88,191 | 76,833 |
| Capital Expenditure | 0 | 0 | 0 |
| Free Cash Flow | -97,151 | 88,191 | 76,833 |
| Net Income | 95,314 | 0 | 0 |
| Net Change in Cash | -74,324 | -745 | 489 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 161,950.548 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 168,849.302 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 164,990.600 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 73,332.197 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 76,455.995 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 74,708.751 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 50,066.323 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 52,854.560 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 50,604 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 10,446.093 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 10,891.075 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 10,642.182 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0.980 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 1.010 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0.960 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 1 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates CION intrinsic value between $12.80 – $24.23 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CION valuation
Is CION Investment Corporation (CION) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for CION Investment Corporation (CION) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CION a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CION trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CION’s P/E ratio?
You can see CION’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CION?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CION a good long-term investment?
Whether CION fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CION
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Daily snapshot
0.89
Trading Metrics:
| Open: | 6.67 | Previous Close: | 6.77 | |
| Day Low: | 6.6 | Day High: | 6.85 | |
| Year Low: | 6.5 | Year High: | 10.93 | |
| Price Avg 50: | 8.04 | Price Avg 200: | 9.37 | |
| Volume: | 444282 | Average Volume: | 620067 |
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