NACCO Industries, Inc.

NYSE:NC Stock Report

Market Cap: US$219.4m

NACCO Industries Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

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 ($30.07) is trading above our estimate of fair value ($17.14)

Significantly Below Fair Value: NC is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As NC is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NC. This is calculated by dividing NC's market cap by their current revenue.
What is NC's PS Ratio?
PS Ratio1x
SalesUS$224.05m
Market CapUS$219.42m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for NC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
HNRG Hallador Energy
1.3x20.2%US$549.3m
LEU Centrus Energy
3.1x4.7%US$1.1b
NRP Natural Resource Partners
5.3xn/aUS$1.4b
BTU Peabody Energy
0.7x1.7%US$3.2b
NC NACCO Industries
1xn/aUS$219.4m

Price-To-Sales vs Peers: NC is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

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

37 CompaniesPrice / SalesEstimated GrowthMarket Cap
PSX Phillips 66
0.4x-5.4%US$54.08b
MPC Marathon Petroleum
0.4x-3.6%US$51.04b
VLO Valero Energy
0.3x-2.7%US$44.96b
PAA Plains All American Pipeline
0.2x-2.1%US$12.26b
NC 1.0xIndustry Avg. 1.9xNo. of Companies37PS01.63.24.86.48+
37 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NC is good value based on its Price-To-Sales Ratio (1x) compared to the US Oil and Gas industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

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

NC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ration/a

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

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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