NACCO Industries (NC) AI Stock Analysis

• Market Cap: $339.21M
• Dividend Yield: 2.17%
• Average Volume (3M): 11.04K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.77
• 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: 1.03
• 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: $52.00 ▲(14.36% Upside)

NACCO Industries' stock score is primarily driven by its strong technical momentum and solid financial performance, despite challenges in cash flow management. The valuation is reasonable, and while the earnings call provided some positive insights, the anticipated declines in profitability temper the outlook.

Positive Factors

Revenue Growth

A 30% increase in revenue indicates strong demand and effective operations, particularly in the Utility Coal Mining segment, supporting long-term growth.

Strategic Acquisitions

The acquisition enhances NACCO's mineral portfolio, potentially increasing future revenue streams and strengthening its competitive position in the energy sector.

Operational Efficiency

New equipment improves operational efficiency, reducing maintenance costs and downtime, which can lead to higher productivity and profitability over time.

Negative Factors

Operational Disruptions

Operational disruptions can lead to increased costs and reduced output, impacting short-term profitability and potentially hindering long-term operational stability.

Decreased Net Income

A decline in net income reflects operational headwinds and pressures on profitability, which could affect financial flexibility and investment capacity.

Cash Flow Challenges

Negative cash flow growth indicates difficulties in converting income into cash, which may constrain the company's ability to fund operations and growth initiatives.

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: Positive
• Last Price: 45.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 45.47 is below the 20-day moving average (MA) of 47.23, above the 50-day MA of 44.21, and above the 200-day MA of 38.20, indicating a neutral trend. The MACD of 1.11 indicates Positive momentum. The RSI at 46.53 is Neutral, neither overbought nor oversold. The STOCH value of 18.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$1.37B	9.58	26.19%	4.03%	-14.79%	-17.10%
NC	67 Neutral	$339.21M	11.68	7.04%	2.17%	25.35%	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SXC	62 Neutral	$545.25M	8.47	9.61%	7.45%	-6.44%	-24.68%
HNRG	60 Neutral	$869.93M	―	-74.70%	―	7.60%	-591.73%
METC	48 Neutral	$947.60M	-25.64	-7.40%	3.20%	-16.99%	-184.02%
AREC	40 Underperform	$287.96M	―	―	―	-76.24%	-8.61%

NACCO Industries Corporate Events

NACCO Industries Reports Strong Q3 2025 Revenue Growth

NACCO Industries, Inc. is a diversified natural resource company operating in the United States, focusing on coal mining, contract mining, and minerals and royalties. The company is known for its strategic growth in natural resources and environmental solutions.

NACCO Industries’ Earnings Call Reveals Mixed Sentiment

NACCO Industries’ recent earnings call presented a mixed sentiment, with notable improvements in operating profit, revenue, and segment growth, particularly in the Contract Mining and Minerals and Royalties segments. However, these positives were tempered by challenges in the Utility Coal Mining segment and a reduction in net income and EBITDA compared to the previous year, along with an anticipated decline in full-year operating profit.

NACCO Industries Updates Investor Presentation Online

On August 25, 2025, NACCO Industries, Inc. updated its investor presentation on its website. The release includes historical information about the company’s operations, but it is not considered filed under the Securities Exchange Act of 1934, nor is it incorporated by reference in any Securities Act of 1933 filings.

The most recent analyst rating on (NC) stock is a Hold with a $41.00 price target. To see the full list of analyst forecasts on NACCO Industries stock, see the NC Stock Forecast page.

NACCO Industries Faces Challenges Amid Revenue Growth

During the latest earnings call, NACCO Industries, Inc. presented a mixed picture of its financial performance. While there was notable revenue growth and strategic acquisitions, the call was overshadowed by significant operational challenges, decreased profitability, and delays in expected profitability for certain segments, resulting in an overall negative sentiment.