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New Hope Corporation LimitedASX:NHC Stock Report

Market Cap AU$5.0b
Share Price
AU$5.86
AU$5.17
13.3% overvalued intrinsic discount
1Y58.8%
7D3.4%
1D
Portfolio Value
View

New Hope Corporation Limited

ASX:NHC Stock Report

Market Cap: AU$5.0b

NHC Community Fair Values

Create Narrative

See what 88 others think this stock is worth. Follow their fair value or set your own to get alerts.

New Hope Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Hope
Historical stock prices
Current Share PriceAU$5.86
52 Week HighAU$6.14
52 Week LowAU$3.63
Beta-0.50
1 Month Change5.97%
3 Month Change15.35%
1 Year Change58.81%
3 Year Change17.91%
5 Year Change232.01%
Change since IPO737.14%

Recent News & Updates

Narrative Update May 07

NHC: Dividends And Buyback Will Support Fairly Valued Coal Producer

Analysts have modestly adjusted their fair value outlook for New Hope. The updated price target now sits at A$5.17, reflecting tweaked assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Apr 22

NHC: Dividends And Buyback Will Support Fairly Valued Coal Producer

Analysts have modestly raised their price target for New Hope to A$5.17 from A$5.03, reflecting updated assumptions for slightly higher revenue growth, stronger profit margins, and a lower future P/E multiple. What's in the News New Hope declared a fully franked interim ordinary cash dividend of A$0.10 per share for the six months to January 31, 2026.
Narrative Update Apr 07

NHC: Rich Multiple And Coal Output Will Limit Future Upside Potential

Analysts have raised their price target on New Hope to A$5.03 from A$4.24, citing updated assumptions for revenue growth, profit margins and future P/E that together indicate a higher assessed fair value. What's in the News Declared a fully franked interim ordinary dividend of A$0.10 per share for the six months to January 31, 2026, payable on April 20, 2026, to shareholders on record as of April 1, 2026, with shares trading ex dividend on March 31, 2026 (company announcement).

Recent updates

Narrative Update May 07

NHC: Dividends And Buyback Will Support Fairly Valued Coal Producer

Analysts have modestly adjusted their fair value outlook for New Hope. The updated price target now sits at A$5.17, reflecting tweaked assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Apr 22

NHC: Dividends And Buyback Will Support Fairly Valued Coal Producer

Analysts have modestly raised their price target for New Hope to A$5.17 from A$5.03, reflecting updated assumptions for slightly higher revenue growth, stronger profit margins, and a lower future P/E multiple. What's in the News New Hope declared a fully franked interim ordinary cash dividend of A$0.10 per share for the six months to January 31, 2026.
Narrative Update Apr 07

NHC: Rich Multiple And Coal Output Will Limit Future Upside Potential

Analysts have raised their price target on New Hope to A$5.03 from A$4.24, citing updated assumptions for revenue growth, profit margins and future P/E that together indicate a higher assessed fair value. What's in the News Declared a fully franked interim ordinary dividend of A$0.10 per share for the six months to January 31, 2026, payable on April 20, 2026, to shareholders on record as of April 1, 2026, with shares trading ex dividend on March 31, 2026 (company announcement).
Narrative Update Mar 24

NHC: Extended Buyback Will Offset Benefits Of Higher Margins

Analysts have raised their price target for New Hope from A$3.11 to A$3.50, citing higher assumed revenue growth and a slightly stronger profit margin outlook, while keeping the discount rate and future P/E broadly in line with previous assumptions. What's in the News New Hope declared a fully franked interim ordinary cash dividend of A$0.10 per share for the six month period ended January 31, 2026.
Narrative Update Mar 10

NHC: Extended Buyback And Softer Coal Volumes Will Limit Future Upside

Analysts have slightly adjusted their A$ price target for New Hope, reflecting updated views on its revenue outlook, profit margins and future P/E assumptions, while keeping fair value estimates broadly unchanged. What's in the News New Hope has extended its existing share buyback plan by one year, with the program now running until March 2, 2027, following an update announced on March 3, 2026 (Key Developments).
Narrative Update Feb 24

NHC: Higher Discount Rate And Soft Volumes Will Pressure Future Returns

Analysts have lifted their price target on New Hope to A$3.11 from A$3.10, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E, which modestly adjust their valuation view. What's in the News New Hope reported unaudited group production results for the quarter ended January 31, 2026, with ROM coal production of 4,055,000 tons and saleable coal production of 2,766,000 tons (company announcement).
Narrative Update Feb 10

NHC: Fair Outlook Will Balance Lower Margins With Stronger Production Guidance

Analysts have lifted their price target for New Hope to reflect a slightly higher fair value, alongside updated assumptions for discount rate, revenue growth, profit margin, and a higher future P/E multiple. What's in the News Shareholders approved amendments to New Hope Corporation Limited's Constitution at the Annual General Meeting held on 20 November 2025, updating the company's formal governance rules (Key Developments).
Analysis Article Feb 04

New Hope (ASX:NHC) Might Have The Makings Of A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Narrative Update Jan 26

NHC: Higher P/E Assumptions Will Support Upside From Strong Production Outlook

Analysts have reduced their fair value estimate for New Hope to A$5.30 from A$5.70, citing updated assumptions for the discount rate, revenue growth, profit margin and a higher future P/E multiple. What's in the News Shareholders approved amendments to New Hope Corporation Limited's Constitution at the Annual General Meeting held on 20 November 2025, changing the company's bylaws and rules (Key Developments).
Analysis Article Jan 12

New Hope Corporation Limited's (ASX:NHC) Earnings Are Not Doing Enough For Some Investors

With a price-to-earnings (or "P/E") ratio of 8x New Hope Corporation Limited ( ASX:NHC ) may be sending very bullish...
Narrative Update Jan 12

NHC: Higher Future P/E Will Clash With Weaker Margins And Revenues

Analysts have lifted their price target for New Hope to reflect an updated fair value of A$3.10 per share, with the change mainly driven by a higher assumed future P/E multiple of 12.72x and adjusted expectations for revenue growth and profit margins. What's in the News Shareholders approved amendments to New Hope Corporation Limited's Constitution at the Annual General Meeting held on 20 November 2025, formalising changes to the company's bylaws (Key Developments).
Analysis Article Nov 13

Here's Why Some Shareholders May Not Be Too Generous With New Hope Corporation Limited's (ASX:NHC) CEO Compensation This Year

Key Insights New Hope will host its Annual General Meeting on 20th of November CEO Rob Bishop's total compensation...
Analysis Article Sep 12

Investors Should Be Encouraged By New Hope's (ASX:NHC) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
User avatar
New Narrative Jun 01

Bengalla And Maxwell Growth Will Drive Production Amid Margin Risks

Strong coal demand and supply constraints boost pricing power, supporting resilient earnings and profitability as New Hope expands low-cost production.
Analysis Article Jan 29

New Hope (ASX:NHC) Is Achieving High Returns On Its Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Jan 14

Is New Hope (ASX:NHC) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 04

Lacklustre Performance Is Driving New Hope Corporation Limited's (ASX:NHC) Low P/E

New Hope Corporation Limited's ( ASX:NHC ) price-to-earnings (or "P/E") ratio of 8.4x might make it look like a strong...
Analysis Article Oct 13

New Hope (ASX:NHC) Is Very Good At Capital Allocation

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Aug 20

Investors Aren't Buying New Hope Corporation Limited's (ASX:NHC) Earnings

With a price-to-earnings (or "P/E") ratio of 6.2x New Hope Corporation Limited ( ASX:NHC ) may be sending very bullish...
Analysis Article Aug 02

Is There An Opportunity With New Hope Corporation Limited's (ASX:NHC) 41% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, New Hope fair value estimate is AU$8.30 Current share price of...
Analysis Article Mar 21

New Hope (ASX:NHC) Will Pay A Smaller Dividend Than Last Year

New Hope Corporation Limited's ( ASX:NHC ) dividend is being reduced from last year's payment covering the same period...
Analysis Article Mar 13

Should You Be Adding New Hope (ASX:NHC) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 22

New Hope Corporation Limited's (ASX:NHC) Intrinsic Value Is Potentially 47% Above Its Share Price

Key Insights New Hope's estimated fair value is AU$6.66 based on 2 Stage Free Cash Flow to Equity New Hope is estimated...
Analysis Article Dec 20

Benign Growth For New Hope Corporation Limited (ASX:NHC) Underpins Its Share Price

New Hope Corporation Limited's ( ASX:NHC ) price-to-earnings (or "P/E") ratio of 4x might make it look like a strong...
Analysis Article Nov 27

Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 24

Is New Hope Corporation Limited (ASX:NHC) Trading At A 20% Discount?

Key Insights New Hope's estimated fair value is AU$7.00 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article Jul 24

Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 26

New Hope (ASX:NHC) Could Easily Take On More Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 17

Here's Why We Think New Hope (ASX:NHC) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 26

New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 22

These Analysts Just Made A Notable Downgrade To Their New Hope Corporation Limited (ASX:NHC) EPS Forecasts

The latest analyst coverage could presage a bad day for New Hope Corporation Limited ( ASX:NHC ), with the analysts...

Shareholder Returns

NHCAU Oil and GasAU Market
7D3.4%-2.9%1.0%
1Y58.8%29.6%3.1%

Return vs Industry: NHC exceeded the Australian Oil and Gas industry which returned 29.6% over the past year.

Return vs Market: NHC exceeded the Australian Market which returned 3.1% over the past year.

Price Volatility

Is NHC's price volatile compared to industry and market?
NHC volatility
NHC Average Weekly Movement7.4%
Oil and Gas Industry Average Movement11.8%
Market Average Movement10.3%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market4.2%

Stable Share Price: NHC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: NHC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19521,575Rob Bishopnewhopegroup.com.au

New Hope Corporation Limited engages in the development and operation of coal mines. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in the New Acland mine, an open-cut thermal coal mine located in north-west of Oakey, southeast Queensland; Queensland Bulk Handling is a 12 million tonnes per annum coal export facility; and Bengalla mine, an open-cut coal mine situated near Muswellbrook, New South Wales.

New Hope Corporation Limited Fundamentals Summary

How do New Hope's earnings and revenue compare to its market cap?
NHC fundamental statistics
Market capAU$4.99b
Earnings (TTM)AU$153.36m
Revenue (TTM)AU$1.59b
32.2x
P/E Ratio
3.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHC income statement (TTM)
RevenueAU$1.59b
Cost of RevenueAU$1.00b
Gross ProfitAU$591.26m
Other ExpensesAU$437.90m
EarningsAU$153.36m

Last Reported Earnings

Jan 31, 2026

Next Earnings Date

Sep 15, 2026

Earnings per share (EPS)0.18
Gross Margin37.15%
Net Profit Margin9.64%
Debt/Equity Ratio10.4%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
137%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 15:20
End of Day Share Price 2026/06/02 00:00
Earnings2026/01/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

New Hope Corporation Limited is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
James WilliamsonBell Potter
Andrew ScottCGS International