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New Hope Corp Ltd NHPEF

Morningstar Rating
$3.03 +0.03 (1.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NHPEF is trading at a 19% discount.
Price
$2.97
Fair Value
$4.87
Uncertainty
High
1-Star Price
$4.47
5-Star Price
$7.29
Economic Moat
Zpd
Capital Allocation
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News

Trading Information

Previous Close Price
$3.00
Day Range
$3.003.03
52-Week Range
$2.864.20
Bid/Ask
$2.93 / $3.10
Market Cap
$2.56 Bil
Volume/Avg
299 / 2,733

Key Statistics

Price/Earnings (Normalized)
5.34
Price/Sales
2.02
Dividend Yield (Trailing)
8.22%
Dividend Yield (Forward)
4.72%
Total Yield
23.31%

Company Profile

New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2028, up from around 7.5 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope’s production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 20% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
Sector
Energy
Industry
Thermal Coal
Stock Style Box
Mid Value
Total Number of Employees
550

Competitors

Valuation

Metric
NHPEF
BHP
WHC
Price/Earnings (Normalized)
5.3410.755.15
Price/Book Value
1.553.501.23
Price/Sales
2.022.621.66
Price/Cash Flow
5.936.809.35
Price/Earnings
NHPEF
BHP
WHC

Financial Strength

Metric
NHPEF
BHP
WHC
Quick Ratio
2.821.083.68
Current Ratio
4.071.573.95
Interest Coverage
79.227.5941.55
Quick Ratio
NHPEF
BHP
WHC

Profitability

Metric
NHPEF
BHP
WHC
Return on Assets (Normalized)
20.98%13.90%15.81%
Return on Equity (Normalized)
26.96%31.67%22.25%
Return on Invested Capital (Normalized)
25.06%21.70%20.52%
Return on Assets
NHPEF
BHP
WHC
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Thermal Coal Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CUAEF
China Shenhua Energy Co Ltd Class HMvpqyd$108.3 Bil
CSUAY
China Shenhua Energy Co Ltd ADRKKQMwkbxf$104.4 Bil
YZCHF
Yankuang Energy Group Co Ltd Class HXmpmp$20.8 Bil
YZCAY
Yankuang Energy Group Co Ltd ADRKfxgPdq$20.8 Bil
CCOZY
China Coal Energy Co Ltd ADRLSygx$18.4 Bil
CCOZF
China Coal Energy Co Ltd Class HVfvc$18.4 Bil
ADOOY
PT Adaro Energy Indonesia Tbk ADRWzhfb$5.0 Bil
PADEF
PT Adaro Energy Indonesia TbkKybm$5.0 Bil
YACAF
Yancoal Australia LtdWglx$4.8 Bil
WHITF
Whitehaven Coal LtdPbzv$4.2 Bil

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