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

NHC Stock Overview

Explores for, develops, produces, and processes coal, and oil and gas properties. More details

NHC fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 25.1% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 1.3% per year for the next 3 years

Profit margins (26.4%) are lower than last year (39.5%)

Dividend of 8.23% is not well covered by free cash flows

New Hope Corporation Limited Competitors

Whitehaven Coal

ASX:WHC

AU$5.6b

Yancoal Australia

ASX:YAL

AU$8.4b

Boss Energy

ASX:BOE

AU$1.2b

Paladin Energy

ASX:PDN

AU$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for New Hope
Historical stock prices
Current Share Price	AU$4.74
52 Week High	AU$5.45
52 Week Low	AU$4.08
Beta	0.24
11 Month Change	-3.85%
3 Month Change	-0.42%
1 Year Change	-10.90%
33 Year Change	124.64%
5 Year Change	120.47%
Change since IPO	577.14%

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

Oct 13

Recent updates

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

Oct 13

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

Aug 20

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

Aug 02

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

Mar 21

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

Mar 13

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

Feb 22

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

Dec 20

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

Shareholder Returns

	NHC	AU Oil and Gas	AU Market
7D	1.9%	1.8%	1.5%
1Y	-10.9%	-15.9%	17.2%

Return vs Industry: NHC exceeded the Australian Oil and Gas industry which returned -15.9% over the past year.

Return vs Market: NHC underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is NHC's price volatile compared to industry and market?
NHC volatility
NHC Average Weekly Movement	4.1%
Oil and Gas Industry Average Movement	11.2%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

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 (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	1,084	Rob Bishop	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$4.03b
Earnings (TTM)	AU$475.86m
Revenue (TTM)	AU$1.80b

8.4x

P/E Ratio

2.2x

P/S Ratio

Is NHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHC income statement (TTM)
Revenue	AU$1.80b
Cost of Revenue	AU$906.24m
Gross Profit	AU$895.96m
Other Expenses	AU$420.11m
Earnings	AU$475.86m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.56
Gross Margin	49.71%
Net Profit Margin	26.40%
Debt/Equity Ratio	10.2%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

69%

Payout Ratio

NHC Stock Overview

Rewards

Risk Analysis

New Hope Corporation Limited Competitors

ASX:WHC

AU$5.6b

ASX:YAL

AU$8.4b

ASX:BOE

AU$1.2b

ASX:PDN

AU$2.3b

Price History & Performance

Recent News & Updates

New Hope Corporation Limited, Annual General Meeting, Nov 21, 2024

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

Now 23% undervalued after recent price drop

Upcoming dividend of AU$0.22 per share

New major risk - Revenue and earnings growth

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

New Hope Corporation Limited, Annual General Meeting, Nov 21, 2024

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

Now 23% undervalued after recent price drop

Upcoming dividend of AU$0.22 per share

New major risk - Revenue and earnings growth

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

New Hope Corporation Limited Provides Production Guidance for the Fiscal Year 2024

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

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

New Hope Corporation Limited Directorate Changes

Upcoming dividend of AU$0.17 per share

Price target increased by 7.3% to AU$4.97

Non-Executive Director recently bought AU$469k worth of stock

Consensus EPS estimates increase by 11%

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

First half dividend reduced to AU$0.17

First half 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% overvalued

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

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

Consensus EPS estimates fall by 16%

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

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

New Hope Corporation Limited Declares Special Dividend, Payable on November 7 November 2023

Consensus EPS estimates fall by 16%

Upcoming dividend of AU$0.30 per share at 11% yield

Non-Executive Chairman recently bought AU$301k worth of stock

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