New Hope (CHIA: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	5/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 43.2% 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 8.2% per year for the next 3 years

Dividend of 9.19% is not well covered by cash flows

New Hope Corporation Limited Competitors

Yancoal Australia

ASX:YAL

AU$7.3b

Whitehaven Coal

ASX:WHC

AU$6.4b

Paladin Energy

ASX:PDN

AU$4.4b

Boss Energy

ASX:BOE

AU$2.1b

Price History & Performance

Summary of all time highs, changes and price drops for New Hope
Historical stock prices
Current Share Price	AU$4.55
52 Week High	AU$6.53
52 Week Low	AU$4.20
Beta	0.23
1 Month Change	-3.40%
3 Month Change	-14.23%
1 Year Change	-12.42%
3 Year Change	290.56%
5 Year Change	74.33%
Change since IPO	48.69%

Recent updates

Shareholder Returns

	NHC	AU Oil and Gas	AU Market
7D	0%	-2.4%	-1.5%
1Y	-12.4%	-1.5%	5.7%

Return vs Industry: NHC underperformed the Australian Oil and Gas industry which returned -1.5% over the past year.

Return vs Market: NHC underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is NHC's price volatile compared to industry and market?
NHC volatility
NHC Average Weekly Movement	4.6%
Oil and Gas Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

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

Volatility Over Time: NHC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	n/a	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$3.84b
Earnings (TTM)	AU$670.47m
Revenue (TTM)	AU$2.03b

5.9x

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 (TTM)
NHC income statement (TTM)
Revenue	AU$2.03b
Cost of Revenue	AU$852.65m
Gross Profit	AU$1.18b
Other Expenses	AU$506.09m
Earnings	AU$670.47m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.79
Gross Margin	57.98%
Net Profit Margin	33.04%
Debt/Equity Ratio	0%

How did NHC perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

48%

Payout Ratio

NHC Stock Overview

Rewards

Risk Analysis

New Hope Corporation Limited Competitors

ASX:YAL

AU$7.3b

ASX:WHC

AU$6.4b

ASX:PDN

AU$4.4b

ASX:BOE

AU$2.1b

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.17 per share

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

First half dividend reduced to AU$0.17

First half 2024 earnings released: EPS: AU$0.30 (vs AU$0.78 in 1H 2023)

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

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

Recent updates

Upcoming dividend of AU$0.17 per share

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

First half dividend reduced to AU$0.17

First half 2024 earnings released: EPS: AU$0.30 (vs AU$0.78 in 1H 2023)

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

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 released: EPS: AU$1.26 (vs AU$1.18 in FY 2022)

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

Now 20% undervalued

Investor sentiment improves as stock rises 15%

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

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

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

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

Now 22% undervalued

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

Independent Non-Executive Director recently bought AU$87k worth of stock

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

Upcoming dividend of AU$0.56 per share

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

Investor sentiment improved over the past week

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

Full year 2022 earnings released: EPS: AU$1.18 (vs AU$0.095 in FY 2021)

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

Investor sentiment improved over the past week

New Hope Corporation Limited Appoints Steven Boulton to the Board

Investor sentiment improved over the past week

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

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

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

New Hope Corporation Limited Appoints Mr. Robert Bishop as Chief Executive Officer

Now 20% undervalued

Non-Executive Chairman recently bought AU$251k worth of stock

Non-Executive Director recently bought AU$411k worth of stock

Non-Executive Chairman recently bought AU$512k worth of stock

Upcoming dividend of AU$0.07 per share

Full year 2021 earnings released: EPS AU$0.095 (vs AU$0.19 loss in FY 2020)

Bowen Coking Coal Limited (ASX:BCB) has entered into a Binding Term Sheet to acquire to acquire New Lenton Coal Pty. Limited from New Hope Corporation Limited (ASX:NHC) for AUD 27.5 million.

Upcoming dividend of AU$0.04 per share

First half 2021 earnings released: AU$0.067 loss per share (vs AU$0.084 profit in 1H 2020)

Independent Non-Executive Director recently sold AU$53k worth of stock

New Hope Corporation Limited Announces Executive Changes

New Hope Corporate Offers Voluntary Redundancies to Workers in Its Corporate Headquarters

Full year earnings released - AU$0.19 loss per share

New Hope Corporation Limited Announces Changes to its Board

New Hope Corporation Limited(ASX:NHC) dropped from S&P/ASX 200 Energy Sector Index

New 90-day low - AU$1.26

New 90-day low - AU$1.29

New Hope Corporation Limited Appoints Reinhold Schmidt as Chief Executive Officer, Effective 1 September 2020