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NHC

New Hope ASX:NHC Stock Report

Last Price

AU$6.09

Market Cap

AU$5.2b

7D

0%

1Y

-1.1%

Updated

21 Sep, 2023

Data

Company Financials +

NHC Stock Overview

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties.

NHC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

New Hope Corporation Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New Hope
Historical stock prices
Current Share PriceAU$6.09
52 Week HighAU$7.47
52 Week LowAU$4.52
Beta0.46
1 Month Change6.10%
3 Month Change20.59%
1 Year Change-1.14%
3 Year Change407.50%
5 Year Change60.26%
Change since IPO770.00%

Recent News & Updates

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

Aug 24
Is New Hope Corporation Limited (ASX:NHC) Trading At A 20% Discount?

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

Jul 24
Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today

Recent updates

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

Aug 24
Is New Hope Corporation Limited (ASX:NHC) Trading At A 20% Discount?

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

Jul 24
Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today

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

Jun 26
New Hope (ASX:NHC) Could Easily Take On More Debt

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

Apr 17
Here's Why We Think New Hope (ASX:NHC) Is Well Worth Watching

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

Mar 26
New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly

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

Feb 22
These Analysts Just Made A Notable Downgrade To Their New Hope Corporation Limited (ASX:NHC) EPS Forecasts

Calculating The Fair Value Of New Hope Corporation Limited (ASX:NHC)

Jan 21
Calculating The Fair Value Of New Hope Corporation Limited (ASX:NHC)

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

Dec 20
Here's Why We Think New Hope (ASX:NHC) Is Well Worth Watching

These 4 Measures Indicate That New Hope (ASX:NHC) Is Using Debt Safely

Nov 19
These 4 Measures Indicate That New Hope (ASX:NHC) Is Using Debt Safely

Estimating The Fair Value Of New Hope Corporation Limited (ASX:NHC)

Oct 17
Estimating The Fair Value Of New Hope Corporation Limited (ASX:NHC)

New Hope (ASX:NHC) Will Pay A Larger Dividend Than Last Year At A$0.56

Sep 29
New Hope (ASX:NHC) Will Pay A Larger Dividend Than Last Year At A$0.56

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

Jul 29
New Hope (ASX:NHC) Seems To Use Debt Rather Sparingly

A Look At The Intrinsic Value Of New Hope Corporation Limited (ASX:NHC)

May 19
A Look At The Intrinsic Value Of New Hope Corporation Limited (ASX:NHC)

Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?

Apr 28
Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?

Need To Know: Analysts Are Much More Bullish On New Hope Corporation Limited (ASX:NHC) Revenues

Mar 09
Need To Know: Analysts Are Much More Bullish On New Hope Corporation Limited (ASX:NHC) Revenues

New Hope (ASX:NHC) Has A Rock Solid Balance Sheet

Jan 17
New Hope (ASX:NHC) Has A Rock Solid Balance Sheet

New Hope Corporation Limited (ASX:NHC) Shares Could Be 28% Below Their Intrinsic Value Estimate

Dec 14
New Hope Corporation Limited (ASX:NHC) Shares Could Be 28% Below Their Intrinsic Value Estimate

Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?

Jun 02
Does New Hope (ASX:NHC) Have A Healthy Balance Sheet?

New Hope Corporation Limited (ASX:NHC) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

Mar 24
New Hope Corporation Limited (ASX:NHC) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

What Type Of Shareholders Make Up New Hope Corporation Limited's (ASX:NHC) Share Registry?

Feb 21
What Type Of Shareholders Make Up New Hope Corporation Limited's (ASX:NHC) Share Registry?

Trade Alert: The Independent Non-Executive Director Of New Hope Corporation Limited (ASX:NHC), Ian Williams, Has Sold Some Shares Recently

Jan 16
Trade Alert: The Independent Non-Executive Director Of New Hope Corporation Limited (ASX:NHC), Ian Williams, Has Sold Some Shares Recently

Shareholder Returns

NHCAU Oil and GasAU Market
7D0%-0.04%0.2%
1Y-1.1%1.4%5.2%

Return vs Industry: NHC underperformed the Australian Oil and Gas industry which returned 1.4% over the past year.

Return vs Market: NHC underperformed the Australian Market which returned 5.2% over the past year.

Price Volatility

Is NHC's price volatile compared to industry and market?
NHC volatility
NHC Average Weekly Movement4.5%
Oil and Gas Industry Average Movement10.6%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.2%

Stable Share Price: NHC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NHC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1952n/aRob Bishophttps://www.newhopegroup.com.au

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of 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$5.20b
Earnings (TTM)AU$1.09b
Revenue (TTM)AU$2.75b

4.7x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NHC income statement (TTM)
RevenueAU$2.75b
Cost of RevenueAU$952.23m
Gross ProfitAU$1.80b
Other ExpensesAU$714.87m
EarningsAU$1.09b

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.29
Gross Margin65.43%
Net Profit Margin39.48%
Debt/Equity Ratio0%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

40%

Payout Ratio