New Hope (ASX:NHC) - Stock Price, News & Analysis

NHC Stock Overview

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

NHC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 7.8% below our estimate of its fair value

Earnings have grown 48.4% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 13.7% per year for the next 3 years

Unstable dividend track record

New Hope Corporation Limited Competitors

Yancoal Australia

ASX:YAL

AU$6.8b

Whitehaven Coal

ASX:WHC

AU$5.6b

Boss Energy

ASX:BOE

AU$1.6b

TerraCom

ASX:TER

AU$368.4m

Price History & Performance

Summary of all time highs, changes and price drops for New Hope
Historical stock prices
Current Share Price	AU$6.09
52 Week High	AU$7.47
52 Week Low	AU$4.52
Beta	0.46
1 Month Change	6.10%
3 Month Change	20.59%
1 Year Change	-1.14%
3 Year Change	407.50%
5 Year Change	60.26%
Change since IPO	770.00%

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

Aug 24

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

Jul 24

Recent updates

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

Feb 22

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

Jan 21

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

Dec 20

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

Nov 19

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

Oct 17

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

Sep 29

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

Jul 29

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

May 19

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

Apr 28

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

Mar 09

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

Jan 17

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

Dec 14

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

Jun 02

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

Mar 24

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

Feb 21

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

Jan 16

Shareholder Returns

	NHC	AU Oil and Gas	AU Market
7D	0%	-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 Movement	4.5%
Oil and Gas Industry Average Movement	10.6%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	15.8%
10% least volatile stocks in AU Market	3.2%

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

Founded	Employees	CEO	Website
1952	n/a	Rob Bishop	https://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 Cap	AU$5.20b
Earnings (TTM)	AU$1.09b
Revenue (TTM)	AU$2.75b

4.7x

P/E Ratio

1.9x

P/S Ratio

Is NHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NHC income statement (TTM)
Revenue	AU$2.75b
Cost of Revenue	AU$952.23m
Gross Profit	AU$1.80b
Other Expenses	AU$714.87m
Earnings	AU$1.09b

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.29
Gross Margin	65.43%
Net Profit Margin	39.48%
Debt/Equity Ratio	0%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

40%

Payout Ratio

NHC Stock Overview

Rewards

Risk Analysis

New Hope Corporation Limited Competitors

ASX:YAL

AU$6.8b

ASX:WHC

AU$5.6b

ASX:BOE

AU$1.6b

ASX:TER

AU$368.4m

Price History & Performance

Recent News & Updates

New Hope Corporation Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings: EPS misses analyst expectations

New Hope Corporation Limited Declares Ordinary Final Dividend and Special Dividend for the Fiscal Year 2023, Payable on November 7, 2023

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

Now 20% undervalued

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

Recent updates

New Hope Corporation Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings: EPS misses analyst expectations

New Hope Corporation Limited Declares Ordinary Final Dividend and Special Dividend for the Fiscal Year 2023, Payable on November 7, 2023

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

Now 20% undervalued

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

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

Non-Executive Director recently bought AU$555k worth of stock

Price target decreased by 21% to AU$5.21

Price target decreased by 21% to AU$5.21

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

Upcoming dividend of AU$0.40 per share at 16% yield

Non-Executive Chairman recently bought AU$1.7m worth of stock

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

First half 2023 earnings released: EPS: AU$0.78 (vs AU$0.40 in 1H 2022)

Consensus EPS estimates fall by 11%

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

Price target decreased by 9.3% to AU$7.06

Now 22% undervalued after recent price drop

Consensus EPS estimates fall by 14%

New Hope Corporation Limited Appoints Lucia Stocker as an Independent Non-Executive Director, Effective 1 February 2023

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

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

Investor sentiment deteriorated over the past week

New Hope Corporation Limited (ASX:NHC) announces an Equity Buyback for AUD 300 million worth of its shares.

Investor sentiment deteriorated over the past week

New Hope Corporation Limited, Annual General Meeting, Nov 24, 2022

New Hope Reportedly in Race for Aurizon East Coast Rail

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

Upcoming dividend of AU$0.56 per share

Consensus forecasts updated

Investor sentiment improved over the past week

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

Non-Executive Chairman recently bought AU$1.9m worth of stock

Consensus EPS estimates fall by 11%

Price target increased to AU$6.60

New Hope Corporation Limited Declares Final Special Dividend for the Fiscal Year 2022, Payable on November 8, 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

New Hope Corporation Limited Declares Ordinary Fully Franked Distribution for the Twelve Months Ended July 31, 2022, Payable on November 8, 2022

Price target increased to AU$5.22

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New Hope Corporation Limited Appoints Steven Boulton to the Board

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

Price target increased to AU$4.63

Investor sentiment improved over the past week

Now 22% undervalued after recent price drop

Bowen Coking Coal Limited (ASX:BCB) completed the acquisition of New Lenton Coal Pty. Limited from New Hope Corporation Limited (ASX:NHC).

New Hope Corporation Limited Announces New Acland Stage 3 Update

Now 25% undervalued

Non-Executive Director recently bought AU$735k worth of stock

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

Price target increased to AU$3.83

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

Less than half of directors are independent

Upcoming dividend of AU$0.30 per share

Non-Executive Director recently bought AU$334k worth of stock

Investor sentiment improved over the past week