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NACCO Industries (NC)
NYSE:NC
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NACCO Industries
(NYSE:NC)
68Neutral
NACCO Industries (NC) vs. S&P 500 (SPY)
Market Cap
$269.05M
Dividend Yield2.52%
Average Volume (3M)16.15K
Price to Earnings (P/E)7.8
Beta (1Y)0.60
Revenue Growth14.70%
EPS GrowthN/A
CountryUS
Employees600
SectorEnergy
Sector Strength45
IndustryCoal
Share Statistics
EPS (TTM)0.66
Shares Outstanding5,877,177
10 Day Avg. Volume8,558
30 Day Avg. Volume16,148
Financial Highlights & Ratios
PEG Ratio5.53
Price to Book (P/B)0.60
Price to Sales (P/S)0.00
P/FCF Ratio-15.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
NACCO Industries Business Overview & Revenue Model
Company DescriptionNACCO Industries, Inc. is a holding company primarily engaged in the mining industry. Through its subsidiary, The North American Coal Corporation, the company operates surface coal mines that supply coal primarily to power generation companies under long-term contracts. NACCO also provides value-added services for natural resources companies and operates in the minerals management sector, offering services related to the management of mineral and royalty interests.
How the Company Makes MoneyNACCO Industries generates revenue primarily through its coal mining operations, where it supplies coal to power generation companies under long-term contracts. This provides a stable and predictable revenue stream. Additionally, NACCO earns income from its minerals management services, which involve managing mineral and royalty interests. The company's revenue model benefits from its strategic focus on long-term contracts and its ability to provide specialized services to natural resources companies. Significant partnerships with power generation companies and strategic management of mineral assets are key factors contributing to its earnings.
NACCO Industries Financial Statement Overview
Summary
NACCO Industries demonstrates a stable financial position with a strong equity base and improving revenue. However, there are concerns regarding profitability margins and cash flow generation. The company's low leverage is a positive aspect, providing flexibility, but cash conversion remains an area for improvement.Income Statement
The company shows a mixed performance with improving revenue and profitability. The gross profit margin for TTM (Trailing-Twelve-Months) is 12.91%, and the net profit margin is 13.63%. Revenue growth from 2024 to TTM is 5.15%, indicating a positive trend. However, EBIT and EBITDA margins have weakened compared to previous years, with TTM EBIT margin at 6.36% and EBITDA margin at 14.79%.65
Positive
Balance Sheet
The company's balance sheet is stable with a strong equity base. The debt-to-equity ratio is 0.26, indicating low leverage, and the equity ratio is 64.50%, suggesting high asset financing through equity. However, the return on equity (ROE) is modest at 8.33% for TTM, reflecting moderate profitability.72
Positive
Cash Flow
Cash flow metrics present both challenges and opportunities. The operating cash flow to net income ratio is 0.32, and the free cash flow to net income ratio is -0.46 for TTM, indicating issues with converting profits into cash. Free cash flow growth is negative, highlighting challenges in cash generation.58
Neutral
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 249.99M | 237.71M | 214.79M | 241.72M | 191.85M | 128.43M | Gross Profit |
| 32.28M | 29.76M | 14.59M | 67.84M | 43.45M | 16.97M | EBIT |
| 15.90M | 35.70M | -70.14M | 69.99M | 55.41M | 22.48M | EBITDA |
| 36.98M | 63.86M | -32.31M | 25.85M | 5.96M | -20.72M | Net Income Common Stockholders |
| 34.07M | 33.74M | -39.59M | 74.16M | 48.13M | 14.79M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 61.84M | 72.83M | 85.11M | 110.75M | 86.00M | 88.45M | Total Assets |
| 538.00M | 631.69M | 539.71M | 568.07M | 507.22M | 476.18M | Total Debt |
| 57.84M | 108.56M | 46.22M | 27.20M | 30.44M | 57.66M | Net Debt |
| -4.01M | 35.72M | -38.89M | -83.55M | -55.56M | -30.79M | Total Liabilities |
| 156.38M | 226.74M | 157.37M | 141.11M | 155.10M | 175.56M | Stockholders Equity |
| 381.61M | 404.95M | 382.34M | 426.97M | 352.12M | 300.62M |
| Cash Flow | Free Cash Flow | ||||
| -15.64M | -32.42M | -27.63M | 25.21M | 35.65M | -32.67M | Operating Cash Flow |
| 10.96M | 22.29M | 54.49M | 67.73M | 74.88M | -2.49M | Investing Cash Flow |
| -65.19M | -71.29M | -81.60M | -33.15M | -44.15M | -45.98M | Financing Cash Flow |
| 28.16M | 36.73M | 1.47M | -9.84M | -33.17M | 14.03M |
NACCO Industries Technical Analysis
Positive
36.15
Price Trends
34.34
Positive
32.75
Positive
30.47
Positive
Market Momentum
0.22
Negative
57.46
Neutral
88.90
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NC, the sentiment is Positive. The current price of 36.15 is above the 20-day moving average (MA) of 34.89, above the 50-day MA of 34.34, and above the 200-day MA of 30.47, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 57.46 is Neutral, neither overbought nor oversold. The STOCH value of 88.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NC.
NACCO Industries Peers Comparison
Overall Rating
UnderperformOutperform
Sector (57)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $741.54M | 8.03 | 14.26% | 5.25% | -8.76% | 51.59% | |
68 Neutral | $269.05M | 7.82 | 8.62% | 2.52% | 14.70% | ― | |
68 Neutral | $1.22B | 8.93 | 31.98% | 3.23% | -19.21% | -30.92% | |
64 Neutral | $2.56B | 24.16 | 5.20% | 0.66% | -21.04% | -75.78% | |
59 Neutral | $499.79M | 43.10 | -0.08% | 4.42% | -10.23% | -100.04% | |
57 Neutral | $7.18B | 3.26 | -3.67% | 5.68% | 0.47% | -50.25% | |
48 Neutral | $826.43M | ― | -107.44% | ― | -27.04% | -892.84% |
* Energy Sector Average
Performance Comparison
NC
NACCO Industries
36.15
5.91
19.54%
HNRG
Hallador Energy Company
19.23
13.17
217.33%
NRP
Natural Resource PRN
92.89
6.02
6.93%
SXC
Suncoke Energy
8.76
-1.25
-12.49%
METC
Ramaco Resources
9.33
-4.27
-31.40%
HCC
Warrior Met Coal
48.63
-16.53
-25.37%
NACCO Industries Earnings Call Summary
Earnings Call Date:Apr 30, 2025
(Q1-2025)
| % Change Since: 3.58%|
Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment Positive
The earnings call reflects a generally positive outlook with strong financial performance and strategic advancements in key projects like coal mining and lithium production. However, challenges in specific segments such as North American Mining and Mississippi Lignite Mining, as well as anticipated financial adjustments, indicate areas of concern.Q1-2025 Updates
Positive Updates
Strong Financial Performance
Consolidated operating profit increased over 60%, net income increased by 7%, and EBITDA increased by 14%.
Coal Mining Segment Success
Segment adjusted EBITDA more than tripled over the prior year due to higher pricing at Falkirk and increased customer demand at Coteau.
Positive Regulatory Environment
Encouragement from the current administration's actions fostering a more favorable regulatory environment for the fossil fuel industry.
Thacker Pass Lithium Project Progress
Lithium Americas and General Motors announced their final investment decision for Phase I of the project, seen as a positive step for the U.S. lithium supply chain.
Minerals Management Growth
Segment adjusted EBITDA increased by 10% over the prior year, driven by investments in the Hugoton Basin.
Negative Updates
Challenges in North American Mining
Reduced customer demand due to temporary one-off situations and a softer market led to a decrease in operating profit due to a significant reduction in ton sold and increased operating expenses.
Inventory Challenges at Mississippi Lignite Mining
High-cost coal inventory due to inefficiencies and lower contractually determined per-ton sales prices.
Anticipated Decrease in Net Income
Net income is expected to decrease moderately from 2024 due to a significant non-cash settlement charge anticipated upon the termination of the defined benefit pension plan.
Company Guidance
During the NACCO Industries First Quarter 2025 Earnings Conference Call, several key metrics and guidance were discussed. The company reported a 60% increase in consolidated operating profit, and a 7% rise in net income, with EBITDA up by 14%. The coal mining segment saw its adjusted EBITDA more than triple, driven by higher pricing at Falkirk and increased demand at Coteau. However, North American Mining experienced a decline in operating profit due to reduced customer demand and increased expenses, though improvements are expected in the second half of the year. Minerals Management reported a 10% increase in segment-adjusted EBITDA, with contributions from an investment in the Hugoton Basin expected to continue enhancing earnings. Looking forward, NACCO anticipates a moderate year-over-year increase in consolidated operating profit for 2025, with potential challenges in the coal segment offset by expected gains in North American Mining and continued strong performance from Minerals Management. The company's focus on expanding its portfolio and improving efficiencies across its segments aims to drive long-term value and profitability.NACCO Industries Corporate Events
Dividends
NACCO Industries Announces Dividend Increase
Positive
May 15, 2025
On May 15, 2025, NACCO Industries, Inc. announced an 11% increase in its regular quarterly cash dividend, raising it to 25.25 cents per share from the previous 22.75 cents. This dividend, applicable to both Class A and Class B Common Stock, will be paid on June 16, 2025, to shareholders recorded by May 30, 2025, reflecting an annual rate increase to $1.01 per share.
Spark’s Take on NC Stock
According to Spark, TipRanks’ AI Analyst, NC is a Neutral.
NACCO Industries shows a solid financial position with a strong equity base and improving revenue. The low P/E ratio and decent dividend yield suggest potential undervaluation. The earnings call highlights strong performance, particularly in coal mining, although some segments face challenges. Technical indicators imply a stable outlook, but lack strong bullish momentum.
To see Spark’s full report on NC stock, click here.
Business Operations and Strategy
NACCO Industries Subsidiary Ends Pension Plan
Neutral
Apr 28, 2025
On April 22, 2025, The Coteau Properties Company, a subsidiary of NACCO Industries, announced the termination of its Pension Plan effective June 30, 2025. The plan, a qualified defined benefit pension plan, will distribute its assets to participants, including Carroll L. Dewing, the company’s Senior Vice President. Mr. Dewing’s benefits were frozen in 2004 but adjusted for cost-of-living until 2013. He will receive his vested benefits, valued at $469,300, in accordance with the plan’s terms.
Spark’s Take on NC Stock
According to Spark, TipRanks’ AI Analyst, NC is a Outperform.
NACCO Industries’ robust financial recovery and positive earnings call outlook drive its solid stock score. While technical indicators show strong upward momentum, the lack of some signals suggests caution. Valuation metrics indicate an attractive stock, though maintaining consistent financial performance is key.
To see Spark’s full report on NC stock, click here.
Business Operations and StrategyRegulatory Filings and Compliance
NACCO Industries Releases Updated Investor Presentation
Neutral
Apr 9, 2025
On April 9, 2025, NACCO Industries, Inc. released an updated investor presentation on its website, providing historical information on the company’s operational results. This update is part of a regulatory filing but is not considered a formal submission under certain securities laws, indicating it is for informational purposes only and not subject to certain legal liabilities.
Spark’s Take on NC Stock
According to Spark, TipRanks’ AI Analyst, NC is a Outperform.
NACCO Industries’ stock score reflects a strong financial recovery with improved profitability and revenue growth, supported by a solid balance sheet. Technical indicators show positive momentum, while valuation metrics suggest the stock is undervalued. The positive sentiment from the latest earnings call highlights growth potential despite some operational challenges.
To see Spark’s full report on NC stock, click here.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.