NACCO Industries (NC) AI Stock Analysis

• Market Cap: $343.61M
• Dividend Yield: 2.02%
• Average Volume (3M): 11.04K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.78
• Revenue Growth: 25.35%
• EPS Growth: N/A
• Country: US
• Employees: 600
• Sector: Energy
• Sector Strength: 52
• Industry: Coal
• EPS (TTM): 1.78
• Shares Outstanding: 5,897,002
• 10 Day Avg. Volume: 13,078
• 30 Day Avg. Volume: 11,039
• PEG Ratio: -0.03
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.92
• P/FCF Ratio: -6.77
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 1.24
• Enterprise Value/Gross Profit: 10.06
• Enterprise Value/Ebitda: 12.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: $51.00 ▲(6.69% Upside)

NACCO Industries' overall stock score reflects solid financial performance with strong revenue growth and operational efficiency. Positive technical indicators and a reasonable valuation further support the score. However, challenges in cash flow management and expected declines in full-year operating profit temper the outlook. The recent dividend and stock buyback announcement provide additional support for the stock's attractiveness.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and effective business strategies, supporting long-term financial health and market position.

Balance Sheet Strength

Reducing debt enhances financial stability and flexibility, allowing the company to invest in growth opportunities and weather industry volatility.

Segment Expansion

Expanding mineral interests through strategic acquisitions strengthens the company's portfolio, diversifying revenue streams and enhancing competitive advantage.

Negative Factors

Cash Flow Challenges

Declining cash flow growth can limit the company's ability to fund operations, invest in growth, and manage debt, impacting long-term sustainability.

Decreased Profitability

Reduced profitability margins indicate pressure on earnings, which could affect the company's ability to reinvest in its business and maintain competitive positioning.

Utility Coal Mining Challenges

Challenges in the Utility Coal Mining segment could hinder revenue and profit growth, affecting the company's overall performance and market competitiveness.

NACCO Industries Business Overview & Revenue Model

Company Description

NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana in the United States, as well as Navajo Nation in New Mexico. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium, and other minerals; and contract mining services for independently owned mines and quarries in Florida, Texas, Arkansas, and Indiana. The Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies, which grants them the rights to explore, develop, mine, produce, market, and sell gas, oil, and coal. The company was founded in 1913 and is headquartered in Cleveland, Ohio.

How the Company Makes Money

NACCO Industries generates revenue primarily through its coal mining operations and the sale of household appliances. The North American Coal Corporation earns money by extracting lignite coal, which is then sold to utility companies for electricity generation and to industrial customers for various applications. This segment's profitability is influenced by coal market prices, contractual agreements with customers, and production efficiency. Additionally, Hamilton Beach Brands contributes to NACCO's revenue through the sale of its small appliances, leveraging both direct sales and partnerships with major retailers. The company's revenue model is supported by long-term contracts and relationships with key customers, alongside opportunities for growth in emerging markets and product innovation.

NACCO Industries Financial Statement Overview

Summary

NACCO Industries shows solid revenue growth and operational efficiency, but faces challenges in cash flow management. The balance sheet is strong with low leverage, providing stability. However, the significant decline in free cash flow growth is a concern.

Income Statement

NACCO Industries shows a positive revenue growth rate of 5.63% in the TTM, indicating a recovery from previous declines. The gross profit margin is stable at 12.02%, but the net profit margin has decreased to 11.79% from 14.19% in the previous year, suggesting some pressure on profitability. The EBIT and EBITDA margins are healthy, reflecting efficient operations despite the competitive industry.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.25, indicating conservative leverage. The return on equity is moderate at 7.72%, showing effective use of equity to generate profits. The equity ratio is robust, highlighting financial stability and a solid asset base.

Cash Flow

Cash flow performance is mixed, with a significant decline in free cash flow growth rate at -151.45% in the TTM. However, the operating cash flow to net income ratio is slightly negative, indicating challenges in converting income into cash. The free cash flow to net income ratio is strong, suggesting efficient cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	280.84M	237.71M	214.79M	241.72M	191.85M	128.43M
Gross Profit	34.75M	29.76M	14.59M	67.84M	43.45M	16.97M
EBITDA	29.11M	63.86M	-32.31M	116.57M	81.65M	33.73M
Net Income	28.98M	33.74M	-39.59M	74.16M	48.13M	14.79M
Balance Sheet
Total Assets	637.63M	631.69M	539.71M	568.07M	507.22M	476.18M
Cash, Cash Equivalents and Short-Term Investments	52.66M	72.83M	85.11M	110.75M	86.00M	88.45M
Total Debt	87.85M	110.53M	44.74M	27.20M	30.44M	57.66M
Total Liabilities	211.23M	226.74M	157.37M	141.11M	155.10M	175.56M
Stockholders Equity	426.40M	404.95M	382.34M	426.97M	352.12M	300.62M
Cash Flow
Free Cash Flow	5.61M	-32.42M	-27.63M	25.21M	35.65M	-32.67M
Operating Cash Flow	64.67M	22.29M	54.49M	67.73M	74.88M	-2.49M
Investing Cash Flow	-73.05M	-71.29M	-81.60M	-33.15M	-44.15M	-45.98M
Financing Cash Flow	-2.02M	36.73M	1.47M	-9.84M	-33.17M	14.03M

NACCO Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 47.80
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NC, the sentiment is Negative. The current price of 47.8 is below the 20-day moving average (MA) of 47.99, above the 50-day MA of 47.76, and above the 200-day MA of 40.63, indicating a neutral trend. The MACD of -0.42 indicates Positive momentum. The RSI at 44.92 is Neutral, neither overbought nor oversold. The STOCH value of 35.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NC.

NACCO Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRP	67 Neutral	$1.53B	10.65	26.19%	4.05%	-14.79%	-17.10%
NC	67 Neutral	$343.61M	11.83	7.04%	2.02%	25.35%	―
SXC	66 Neutral	$695.10M	10.80	9.61%	6.72%	-6.44%	-24.68%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
HNRG	57 Neutral	$823.47M	-4.75	-74.70%	―	7.60%	-591.73%
METC	54 Neutral	$1.38B	-36.93	-7.40%	2.83%	-16.99%	-184.02%
AREC	46 Neutral	$373.13M	-7.67	―	―	-76.24%	-8.61%

NACCO Industries Corporate Events

NACCO Industries Amends Retirement Plan and Ends Agreement

On December 12, 2025, NACCO Industries‘ Compensation and Human Capital Committee approved an amendment to the Excess Retirement Plan, effective January 1, 2026, allowing separate deferral elections and stipulating that deferrals to the plan only begin after reaching the deferral limit under Section 402(g) of the Internal Revenue Code. Additionally, the company announced the mutual termination of its consulting agreement with Mr. Alfred M. Rankin, Jr., effective December 31, 2025.

The most recent analyst rating on (NC) stock is a Hold with a $51.00 price target. To see the full list of analyst forecasts on NACCO Industries stock, see the NC Stock Forecast page.

NACCO Industries Announces Dividend and Stock Buyback

On November 18, 2025, NACCO Industries, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share, payable on December 15, 2025, to stockholders of record as of December 1, 2025. Additionally, the Board approved a new stock repurchase program allowing the company to buy back up to $20 million of its Class A Common Stock through December 31, 2027, replacing the previous program set to expire at the end of 2025.

The most recent analyst rating on (NC) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on NACCO Industries stock, see the NC Stock Forecast page.