New Hope Corp Ltd NHC

Morningstar Rating
A$5.95 −0.16 (2.62%)
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Company Report

Price vs Fair Value

NHC is trading at a LOCK|NXdRz premium.
Price
A$5.95
Fair Value
LOCK|ny
Uncertainty
LOCK|@<
1-Star Price
LOCK|.g@
5-Star Price
LOCK|zL
Economic Moat
LOCK|!R>
Capital Allocation
LOCK|^%gSlD

Bulls Say, Bears Say

Bulls

Demand from Asia for New Hope’s generally high-quality (high-energy, low-ash) thermal coal is likely to remain robust for the next decade.

Bears

Greater action on climate change could see demand for thermal coal curtailed sooner and more significantly than anticipated.

Trading Information

Previous Close Price
A$6.11
Day Range
A$5.95–6.16
52-Week Range
A$3.77–6.61
Bid/Ask
A$5.95 / A$6.01
Shares Outstanding
844.19M
Market Cap
A$5.02B
Volume/Avg
3M / 3M

Key Statistics

Price/Earnings (Normalized)
29.84
Price/Sales
2.88
Dividend Yield (Trailing)
6.72%
Dividend Yield (Forward)
10.08%
Dividend Payment Schedule
Apr, Oct
Total Yield
13.11%

Company Profile

New Hope is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and the 80%-owned Bengalla coal mine in New South Wales. The firm should sell about 13 million metric tons of thermal coal a year from fiscal 2029, up from about 11.8 million in fiscal 2026, driven by the construction and ramp-up of New Acland stage three. 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 26% holding in the low-cost, long-life Malabar-Maxwell coal mine. In October 2026, it agreed to buy the rest of Maxwell, likely effective in early 2027.
Sector
Energy
Industry
Thermal Coal
Stock Style Box
Mid Value
Total Number of Employees
550

Competitors

Valuation

Metric
NHC
GLEN
WHC
Price/Earnings (Normalized)
29.8413.6525.69
Price/Book Value
1.922.061.06
Price/Sales
2.880.291.14
Price/Cash Flow
8.948.037.16
Price/Earnings
NHC
GLEN
WHC

Financial Strength

Metric
NHC
GLEN
WHC
Quick Ratio
1.680.340.94
Current Ratio
2.121.061.34
Interest Coverage
8.482.712.51
Quick Ratio
NHC
GLEN
WHC

Profitability

Metric
NHC
GLEN
WHC
Return on Assets (Normalized)
4.87%4.51%1.96%
Return on Equity (Normalized)
6.62%16.36%3.94%
Return on Invested Capital (Normalized)
6.19%11.40%5.29%
Return on Assets
NHC
GLEN
WHC

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