NACCO Industries
Market Cap
US$189.8m
Last Updated
2020/11/27 00:00 UTC
Data Sources
Company Financials
Executive Summary
NACCO Industries, Inc., together with its subsidiaries, operates surface coal mines contracts to power generation companies and activated carbon producers. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has NACCO Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: NC's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
12.1%
NC
8.6%
US Oil and Gas
2.1%
US Market
1 Year Return
-43.2%
NC
-31.2%
US Oil and Gas
19.8%
US Market
Return vs Industry: NC underperformed the US Oil and Gas industry which returned -31.1% over the past year.
Return vs Market: NC underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| NC | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.1% | 8.6% | 2.1% |
| 30 Day | 37.2% | 29.6% | 8.1% |
| 90 Day | 26.4% | 8.3% | 6.0% |
| 1 Year | -42.0%-43.2% | -26.5%-31.2% | 22.5%19.8% |
| 3 Year | -35.1%-38.5% | -32.8%-42.0% | 46.5%36.8% |
| 5 Year | 14.3%-35.4% | -21.8%-37.3% | 96.9%75.3% |
Long-Term Price Volatility Vs. Market
How volatile is NACCO Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Did NACCO Industries, Inc. (NYSE:NC) Insiders Sell Shares?2 weeks ago | Simply Wall St
What Can We Make Of NACCO Industries' (NYSE:NC) CEO Compensation?1 month ago | Simply Wall St
Do Insiders Own Lots Of Shares In NACCO Industries, Inc. (NYSE:NC)?Valuation
Is NACCO Industries undervalued compared to its fair value and its price relative to the market?
7.09x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NC ($26.94) is trading above our estimate of fair value ($7.94)
Significantly Below Fair Value: NC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NC is good value based on its PE Ratio (7.1x) compared to the US Oil and Gas industry average (9.3x).
PE vs Market: NC is good value based on its PE Ratio (7.1x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NC is good value based on its PB Ratio (0.6x) compared to the US Oil and Gas industry average (1x).
Next Steps
Future Growth
How is NACCO Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
57.6%
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.
Next Steps
- 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.
- Explore growth companies in the Energy industry.
Past Performance
How has NACCO Industries performed over the past 5 years?
27.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NC has a high level of non-cash earnings.
Growing Profit Margin: NC's current net profit margins (20.1%) are lower than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: NC has become profitable over the past 5 years, growing earnings by 27.3% per year.
Accelerating Growth: NC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NC had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-29.6%).
Return on Equity
High ROE: NC's Return on Equity (8.7%) is considered low.
Next Steps
Financial Health
How is NACCO Industries's financial position?
Financial Position Analysis
Short Term Liabilities: NC's short term assets ($198.6M) exceed its short term liabilities ($36.6M).
Long Term Liabilities: NC's short term assets ($198.6M) exceed its long term liabilities ($122.8M).
Debt to Equity History and Analysis
Debt Level: NC's debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: NC's debt to equity ratio has reduced from 94% to 7.5% over the past 5 years.
Debt Coverage: NC's debt is well covered by operating cash flow (36%).
Interest Coverage: Insufficient data to determine if NC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is NACCO Industries's current dividend yield, its reliability and sustainability?
2.86%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NC's dividend (2.86%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: NC's dividend (2.86%) is low compared to the top 25% of dividend payers in the US market (4.05%).
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.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.1%), NC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
John Butler (59 yo)
3.17yrs
Tenure
US$3,659,045
Compensation
Mr. John C. Butler, Jr., has been the Chief Executive Officer and President of The North American Coal Corporation since July 1, 2015. Mr. Butler has been the President and Chief Executive Officer of NACCO...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD3.66M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.17yrs | US$3.66m | 3.31% $ 6.3m | |
| VP, General Counsel & Secretary | 8.17yrs | US$903.24k | 0.11% $ 211.8k | |
| VP, Controller & Principal Financial Officer | 6.42yrs | US$544.77k | 0.14% $ 268.2k | |
| President of KC | 5.83yrs | no data | no data | |
| VP of Financial Planning & Analysis and Treasurer | 3.17yrs | no data | 0.050% $ 95.2k | |
| President of North American Mining | 8.83yrs | no data | 0.060% $ 114.8k | |
| President of Mitigation Resources of North America | no data | no data | no data | |
| Senior Vice President of Global Operations of HBB | no data | US$802.68k | no data | |
| Investor Relations Consultant | no data | no data | no data | |
| Vice President of Engineering at The North American Coal Corporation | no data | US$759.44k | no data |
6.1yrs
Average Tenure
54.5yo
Average Age
Experienced Management: NC's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.17yrs | US$3.66m | 3.31% $ 6.3m | |
| Non-Executive Chairman | 26.5yrs | US$2.30m | 6.21% $ 11.8m | |
| Director | 0.17yr | no data | 0.0039% $ 7.4k | |
| Independent Director | 38.83yrs | US$200.18k | 0.38% $ 713.3k | |
| Independent Director | 28.83yrs | US$172.18k | 0.77% $ 1.5m | |
| Independent Director | 22.83yrs | US$206.50k | 0.34% $ 653.1k | |
| Independent Director | 4.25yrs | US$196.88k | 0.14% $ 265.3k | |
| Independent Director | 8.83yrs | US$196.88k | 0.22% $ 425.0k | |
| Independent Director | 3.17yrs | US$168.88k | 0.29% $ 557.3k | |
| Independent Director | 3.17yrs | US$173.88k | 0.11% $ 210.9k | |
| Director | 0.75yr | no data | 2.87% $ 5.5m | |
| Independent Director | 1.17yrs | US$43.75k | 0.045% $ 86.1k |
3.7yrs
Average Tenure
67.5yo
Average Age
Experienced Board: NC's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NACCO Industries, Inc.'s company bio, 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
- Market Cap: US$189.808m
- Shares outstanding: 7.05m
- Website: https://www.nacco.com
Number of Employees
Location
- NACCO Industries, Inc.
- 5875 Landerbrook Drive
- Suite 220
- Cleveland
- Ohio
- 44124-4069
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NC | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jan 1968 |
Biography
NACCO Industries, Inc., together with its subsidiaries, operates surface coal mines contracts to power generation companies and activated carbon producers. The company operates through three segments: Coal...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 00:00 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.