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NC

NACCO Industries NYSE:NC Stock Report

Last Price

US$46.09

Market Cap

US$338.1m

7D

14.3%

1Y

66.9%

Updated

13 Aug, 2022

Data

Company Financials
NC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

NC Stock Overview

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business.

NACCO Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NACCO Industries
Historical stock prices
Current Share PriceUS$46.09
52 Week HighUS$63.19
52 Week LowUS$24.19
Beta0.93
1 Month Change21.87%
3 Month Change-11.57%
1 Year Change66.87%
3 Year Change-7.45%
5 Year Change-30.48%
Change since IPO-18.43%

Recent News & Updates

Aug 03

NACCO GAAP EPS of $5.07, revenue of $37.2M

NACCO press release (NYSE:NC): Q2 GAAP EPS of $5.07. Revenue of $37.2M.

Jun 10
Is NACCO Industries (NYSE:NC) Using Debt In A Risky Way?

Is NACCO Industries (NYSE:NC) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

NCUS Oil and GasUS Market
7D14.3%7.2%3.2%
1Y66.9%58.4%-10.2%

Return vs Industry: NC exceeded the US Oil and Gas industry which returned 58.4% over the past year.

Return vs Market: NC exceeded the US Market which returned -10.1% over the past year.

Price Volatility

Is NC's price volatile compared to industry and market?
NC volatility
NC Average Weekly Movement8.8%
Oil and Gas Industry Average Movement8.8%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: NC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: NC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1913500John Butlerhttps://nacco.com

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana in the United States, as well as Navajo Nation in New Mexico.

NACCO Industries Fundamentals Summary

How do NACCO Industries's earnings and revenue compare to its market cap?
NC fundamental statistics
Market CapUS$338.07m
Earnings (TTM)US$82.42m
Revenue (TTM)US$217.24m

4.1x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NC income statement (TTM)
RevenueUS$217.24m
Cost of RevenueUS$158.97m
Gross ProfitUS$58.27m
Other Expenses-US$24.16m
EarningsUS$82.42m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 02, 2022

Earnings per share (EPS)11.24
Gross Margin26.82%
Net Profit Margin37.94%
Debt/Equity Ratio4.6%

How did NC perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

7%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is NC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NC?

Other financial metrics that can be useful for relative valuation.

NC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA14.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does NC's PE Ratio compare to its peers?

NC PE Ratio vs Peers
The above table shows the PE ratio for NC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.3x
LEU Centrus Energy
3.9x-43.0%US$631.3m
NRP Natural Resource Partners
3xn/aUS$549.6m
ARCH Arch Resources
2.8x-52.2%US$2.8b
CEIX CONSOL Energy
19.3x38.6%US$2.4b
NC NACCO Industries
4.1xn/aUS$338.1m

Price-To-Earnings vs Peers: NC is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (7.3x).


Price to Earnings Ratio vs Industry

How does NC's PE Ratio compare vs other companies in the US Oil and Gas Industry?

Price-To-Earnings vs Industry: NC is good value based on its Price-To-Earnings Ratio (4.1x) compared to the US Oil and Gas industry average (9.8x)


Price to Earnings Ratio vs Fair Ratio

What is NC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NC ($46.09) is trading below our estimate of fair value ($831.4)

Significantly Below Fair Value: NC is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is NACCO Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-9.6%

Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NACCO Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether NACCO Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • NACCO Industries competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has NACCO Industries performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NC has a large one-off gain of $44.4M impacting its June 30 2022 financial results.

Growing Profit Margin: NC's current net profit margins (37.9%) are higher than last year (12.3%).


Past Earnings Growth Analysis

Earnings Trend: NC's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: NC's earnings growth over the past year (356.8%) exceeds its 5-year average (15.2% per year).

Earnings vs Industry: NC earnings growth over the past year (356.8%) exceeded the Oil and Gas industry 188.3%.


Return on Equity

High ROE: NC's Return on Equity (20.5%) is considered high.


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Financial Health

How is NACCO Industries's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NC's short term assets ($218.6M) exceed its short term liabilities ($43.6M).

Long Term Liabilities: NC's short term assets ($218.6M) exceed its long term liabilities ($101.1M).


Debt to Equity History and Analysis

Debt Level: NC has more cash than its total debt.

Reducing Debt: NC's debt to equity ratio has reduced from 53.2% to 4.6% over the past 5 years.

Debt Coverage: NC's debt is well covered by operating cash flow (466.9%).

Interest Coverage: Insufficient data to determine if NC's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is NACCO Industries's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.80%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NC's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: NC's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (3.96%).


Stability and Growth of Payments

Stable Dividend: NC's dividend payments have been volatile in the past 10 years.

Growing Dividend: NC's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7%), NC's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.6%), NC's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

7.6yrs

Average management tenure


CEO

John Butler (61 yo)

4.92yrs

Tenure

US$4,135,014

Compensation

Mr. John C. Butler, Jr., has been the Chief Executive Officer and President of The North American Coal Corporation since July 1, 2015. He has been the President and Chief Executive Officer of NACCO Industr...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD4.14M) is above average for companies of similar size in the US market ($USD2.55M).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: NC's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: NC's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

NACCO Industries, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: NACCO Industries, Inc.
  • Ticker: NC
  • Exchange: NYSE
  • Founded: 1913
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Implied Market Cap: US$338.068m
  • Shares outstanding: 7.33m
  • Website: https://nacco.com

Number of Employees


Location

  • NACCO Industries, Inc.
  • 5875 Landerbrook Drive
  • Suite 220
  • Cleveland
  • Ohio
  • 44124-4069
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.