Australian (ASX) Coal and Fuels Industry Analysis

Industry Valuation and Performance

Has the Australian Coal and Fuels Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 22 May 2026	AU$30.9b	AU$13.2b	AU$829.3m	25.1x	37.3x	2.3x
Sun, 19 Apr 2026	AU$34.2b	AU$13.2b	AU$791.9m	24.6x	43.1x	2.6x
Tue, 17 Mar 2026	AU$35.8b	AU$13.4b	AU$1.1b	18.3x	32.1x	2.7x
Thu, 12 Feb 2026	AU$32.8b	AU$14.7b	AU$1.6b	10.2x	20.4x	2.2x
Sat, 10 Jan 2026	AU$28.6b	AU$14.7b	AU$1.6b	8.9x	17.9x	1.9x
Mon, 08 Dec 2025	AU$27.7b	AU$14.7b	AU$1.6b	8.9x	17.3x	1.9x
Wed, 05 Nov 2025	AU$27.4b	AU$14.7b	AU$1.6b	8.6x	17x	1.9x
Fri, 03 Oct 2025	AU$26.6b	AU$14.7b	AU$1.6b	8.1x	16.4x	1.8x
Sun, 31 Aug 2025	AU$25.2b	AU$14.9b	AU$1.8b	7.5x	14.1x	1.7x
Tue, 29 Jul 2025	AU$25.7b	AU$15.1b	AU$1.5b	19.4x	17.3x	1.7x
Thu, 26 Jun 2025	AU$25.1b	AU$15.1b	AU$1.5b	16.2x	17.1x	1.7x
Sat, 24 May 2025	AU$22.4b	AU$15.1b	AU$1.5b	15.8x	15.3x	1.5x
Mon, 21 Apr 2025	AU$19.7b	AU$15.0b	AU$1.5b	14.3x	13.1x	1.3x
Wed, 19 Mar 2025	AU$22.8b	AU$15.0b	AU$1.5b	17x	15.2x	1.5x
Fri, 14 Feb 2025	AU$25.4b	AU$13.0b	AU$900.0m	10.7x	28.3x	2x
Sun, 12 Jan 2025	AU$25.7b	AU$13.0b	AU$900.8m	11.3x	28.5x	2x
Tue, 10 Dec 2024	AU$25.0b	AU$13.0b	AU$889.4m	11.9x	28.1x	1.9x
Thu, 07 Nov 2024	AU$26.5b	AU$13.0b	AU$887.0m	12.4x	29.9x	2x
Sat, 05 Oct 2024	AU$27.3b	AU$13.0b	AU$887.9m	12.9x	30.7x	2.1x
Mon, 02 Sep 2024	AU$23.9b	AU$13.3b	AU$1.1b	10.8x	21.7x	1.8x
Wed, 31 Jul 2024	AU$28.3b	AU$14.2b	AU$2.4b	5.8x	11.9x	2x
Fri, 28 Jun 2024	AU$29.0b	AU$14.2b	AU$2.4b	5.9x	12.2x	2x
Sun, 26 May 2024	AU$31.7b	AU$14.2b	AU$2.4b	5.9x	13.4x	2.2x
Tue, 23 Apr 2024	AU$29.2b	AU$14.2b	AU$2.4b	5.8x	12.2x	2x
Thu, 21 Mar 2024	AU$27.1b	AU$14.2b	AU$2.4b	5.4x	11.4x	1.9x
Sat, 17 Feb 2024	AU$28.2b	AU$17.2b	AU$4.8b	3.9x	5.9x	1.6x
Mon, 15 Jan 2024	AU$28.4b	AU$19.4b	AU$6.3b	2.5x	4.5x	1.5x
Wed, 13 Dec 2023	AU$25.2b	AU$19.4b	AU$6.3b	2.3x	4x	1.3x
Fri, 10 Nov 2023	AU$24.6b	AU$19.5b	AU$6.3b	2.2x	3.9x	1.3x
Sun, 08 Oct 2023	AU$25.8b	AU$19.5b	AU$6.3b	2.2x	4.1x	1.3x
Tue, 05 Sep 2023	AU$25.7b	AU$19.7b	AU$6.5b	2x	3.9x	1.3x
Thu, 03 Aug 2023	AU$22.8b	AU$22.0b	AU$8.5b	1.8x	2.7x	1x
Sat, 01 Jul 2023	AU$21.7b	AU$22.0b	AU$8.5b	1.7x	2.6x	1x
Mon, 29 May 2023	AU$33.5b	AU$24.0b	AU$9.6b	1.8x	3.5x	1.4x

Current Industry PE

Investors are optimistic on the Australian Coal and Consumable Fuels industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 37.3x which is higher than its 3-year average PE of 16.3x.

The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.3x.

Past Earnings Growth

The earnings for companies in the Coal and Consumable Fuels industry have declined 56% per year over the last three years,
Revenues have also declined 18% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Coal and Fuels compare with similar industries?


AU Market	-0.39%
Energy	3.44%
Oil and Gas	3.45%
Coal and Fuels	1.76%
Oil and Gas Storage and Transportation	11.11%
Oil and Gas Exploration and Production	3.97%
Oil and Gas Refining and Marketing	3.65%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
NHC New Hope	AU$5.50	5.2% +AU$227.7m	47.8%	PE30.2x
PDN Paladin Energy	AU$11.07	3.9% +AU$188.7m	91.9%	PS14.3x
WHC Whitehaven Coal	AU$8.16	2.4% +AU$156.6m	50.0%	PE10.9x
BKY Berkeley Energia	AU$0.44	6.0% +AU$11.2m	-13.7%	PB2.6x
WEC White Energy	AU$0.066	50.0% +AU$9.7m	78.4%	PS373.5x

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.3m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m (AU$30k revenue, or US$20k). Minor Risk Market cap is less than US$100m (AU$46.0m market cap, or US$30.8m).

Australian (ASX) Coal and Fuels Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Yancoal Eyes Decade of Growth as Moolarben Extension Awaits Approval

WHC: Modest Risk Repricing And Capital Returns Will Shape Future Balance

New Hope Delivers 22% Q3 EBITDA Growth With Strong Cash Position and Lower Costs

Paladin Energy Posts First Profit in Years as Uranium Output Grows and Cash Outflows Raise Questions

Boss Energy Faces Share Price Pressure as Production Challenges Hit Honeymoon Mine

Non-Executive Chairman recently bought AU$126k worth of stock

Insider recently sold AU$784k worth of stock

Consensus revenue estimates increase by 48%

Executive Chair recently bought AU$115k worth of stock

High number of new directors

Full year 2025 earnings released: EPS: AU$0 (vs AU$0.004 loss in FY 2024)

New minor risk - Share price stability

New major risk - Financial position

New major risk - Shareholder dilution