New Hope Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. More Details
No risks detected for NHC from our risk checks.
Fair value with moderate growth potential.
Share Price & News
How has New Hope's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NHC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NHC's weekly volatility (7%) has been stable over the past year.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: NHC underperformed the Australian Oil and Gas industry which returned -28.7% over the past year.
Return vs Market: NHC underperformed the Australian Market which returned 0% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is New Hope's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWould Shareholders Who Purchased New Hope's (ASX:NHC) Stock Year Be Happy With The Share price Today?
3 months ago | Simply Wall StAre New Hope's (ASX:NHC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
4 months ago | Simply Wall StIs New Hope (ASX:NHC) A Risky Investment?
Is New Hope undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NHC (A$1.37) is trading below our estimate of fair value (A$3.14)
Significantly Below Fair Value: NHC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NHC is unprofitable, so we can't compare its PE Ratio to the AU Oil and Gas industry average.
PE vs Market: NHC is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NHC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NHC is good value based on its PB Ratio (0.7x) compared to the AU Oil and Gas industry average (1.6x).
How is New Hope forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NHC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: NHC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NHC's is expected to become profitable in the next 3 years.
Revenue vs Market: NHC's revenue (4.5% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: NHC's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NHC's Return on Equity is forecast to be low in 3 years time (5.3%).
How has New Hope performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NHC is currently unprofitable.
Growing Profit Margin: NHC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NHC is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare NHC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NHC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-44.9%).
Return on Equity
High ROE: NHC has a negative Return on Equity (-9.09%), as it is currently unprofitable.
How is New Hope's financial position?
Financial Position Analysis
Short Term Liabilities: NHC's short term assets (A$276.6M) exceed its short term liabilities (A$140.6M).
Long Term Liabilities: NHC's short term assets (A$276.6M) do not cover its long term liabilities (A$679.7M).
Debt to Equity History and Analysis
Debt Level: NHC's debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if NHC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NHC's debt is well covered by operating cash flow (71.8%).
Interest Coverage: NHC is unprofitable, therefore interest payments are not well covered by earnings.
What is New Hope current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NHC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NHC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NHC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NHC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NHC is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NHC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Reinhold Schmidt (54 yo)
Mr. Reinhold Hans Schmidt, MEng (Mineral Economics), has been Chief Executive Officer of New Hope Corporation Limited since September 1, 2020. He was the Chief Executive Officer of Yancoal Australia Ltd., ...
|Chief Operating Officer||5yrs||AU$1.22m||0.019% |
|Chief Development Officer||1.83yrs||AU$745.26k||no data|
|Chief Executive Officer||0.25yr||no data||no data|
|GM of Corporate Development||0.42yr||no data||no data|
|Executive General Manager of People||6yrs||no data||no data|
Experienced Management: NHC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Non-Executive Director||5yrs||AU$154.23k||0.48% |
|Non-Executive Chairman||22.08yrs||AU$320.82k||0.50% |
|Non-Executive Director||5.67yrs||AU$154.23k||0.0024% |
|Independent Non-Executive Director||8.08yrs||AU$221.68k||0.0046% |
|Independent Non-Executive Director||0.50yr||AU$15.70k||0.0036% |
Experienced Board: NHC's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NHC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Hope Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: New Hope Corporation Limited
- Ticker: NHC
- Exchange: ASX
- Founded: 1952
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$1.111b
- Shares outstanding: 832.36m
- Website: https://www.newhopegroup.com.au
Number of Employees
- New Hope Corporation Limited
- 175 Eagle Street
- Level 16
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OD8||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2003|
|NHC||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 2003|
|NHPE.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 2003|
|NHC||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 2003|
New Hope Corporation Limited explores, 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...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 07:06|
|End of Day Share Price||2020/12/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.