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New Hope ASX:NHC Stock Report

Last Price

AU$4.65

Market Cap

AU$3.9b

7D

-6.8%

1Y

-18.8%

Updated

16 Jun, 2024

Data

Company Financials +

New Hope Corporation Limited

ASX:NHC Stock Report

Market Cap: AU$3.9b

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$4.65
52 Week HighAU$6.52
52 Week LowAU$4.20
Beta0.24
1 Month Change-0.64%
3 Month Change4.97%
1 Year Change-18.85%
3 Year Change145.38%
5 Year Change67.27%
Change since IPO564.29%

Recent News & Updates

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

Mar 21
New Hope (ASX:NHC) Will Pay A Smaller Dividend Than Last Year

Recent updates

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

Mar 21
New Hope (ASX:NHC) Will Pay A Smaller Dividend Than Last Year

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

Mar 13
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

Feb 22
New Hope Corporation Limited's (ASX:NHC) Intrinsic Value Is Potentially 47% Above Its Share Price

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

Dec 20
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

Nov 27
Here's Why We Think New Hope (ASX:NHC) Might Deserve Your Attention Today

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

Shareholder Returns

NHCAU Oil and GasAU Market
7D-6.8%-1.6%-1.7%
1Y-18.8%-7.9%7.0%

Return vs Industry: NHC underperformed the Australian Oil and Gas industry which returned -7.9% over the past year.

Return vs Market: NHC underperformed the Australian Market which returned 7% over the past year.

Price Volatility

Is NHC's price volatile compared to industry and market?
NHC volatility
NHC Average Weekly Movement4.2%
Oil and Gas Industry Average Movement10.2%
Market Average Movement8.7%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market3.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
1952n/aRob Bishopwww.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$3.93b
Earnings (TTM)AU$670.47m
Revenue (TTM)AU$2.03b

5.9x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHC income statement (TTM)
RevenueAU$2.03b
Cost of RevenueAU$852.65m
Gross ProfitAU$1.18b
Other ExpensesAU$506.09m
EarningsAU$670.47m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin57.98%
Net Profit Margin33.04%
Debt/Equity Ratio0%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

48%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.