NACCO Industries, Stock Loses -1.39% Amid Market Decline: Is It a Buy?
May 11, 2023
Trending News 🌧️
NACCO ($NYSE:NC) Industries, Inc. (NYSE: NC) is an American holding company that engages in various businesses including mining, home products, and specialty retail products. It is the parent company of The National Coal Company, which is one of the largest suppliers of coal and related products in the United States. This week, its stock has dropped -1.39%, making investors wonder whether it is a stock worth watching. The company has seen quite a few ups and downs in the market over the years. It is hard to tell whether NACCO Industries, Inc. is a buy or not at this point. In the short term, it may be a good stock to watch, as it could turn around and start seeing growth if the market begins to recover.
However, in the long term, investors may want to research further and make sure that it is a good investment for them before jumping in. The company has been on a downward trend, so investors should tread carefully and make sure they do their due diligence before investing.
Analysis
At GoodWhale, we have conducted an analysis of NACCO INDUSTRIES‘s wellbeing, and the results seem to indicate that they are a medium risk investment. This conclusion has been drawn from our Risk Rating system, which evaluates both the financial and business aspects of the company. When looking at the income sheet and balance sheet of NACCO INDUSTRIES, we have detected two risk warnings which all potential investors should be aware of. To find out more about these warnings, simply become a registered user of GoodWhale and you can access this information. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nacco Industries. More…
| Total Revenues | Net Income | Net Margin |
| 236.84 | 67.27 | 17.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nacco Industries. More…
| Operations | Investing | Financing |
| 75.06 | -35.09 | -11.96 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nacco Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 562.12 | 130.44 | 57.48 |
Key Ratios Snapshot
Some of the financial key ratios for Nacco Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.6% | -36.2% | 33.4% |
| FCF Margin | ROE | ROA |
| 12.4% | 11.5% | 8.8% |
Peers
The company operates through its subsidiaries, which include The North American Coal Corporation, Hamilton Beach Brands Inc, and Kitchen Collection LLC. NACCO Industries Inc’s competitors include PT Prima Andalan Mandiri Tbk, Alliance Resource Partners LP, and PT ABM Investama Tbk.
– PT Prima Andalan Mandiri Tbk ($IDX:MCOL)
PT Prima Andalan Mandiri Tbk is an Indonesian holding company that is engaged in a number of businesses, including providing financial services, investment management, and insurance. The company has a market cap of 26.22 trillion as of 2022 and a return on equity of 69.24%. PT Prima Andalan Mandiri Tbk is headquartered in Jakarta, Indonesia.
– Alliance Resource Partners LP ($NASDAQ:ARLP)
Alliance Resource Partners LP is a coal producer and marketer with operations in the United States. The company has a market cap of $3.08 billion and a return on equity of 19.31%. Alliance Resource Partners LP produces and markets coal to utilities and industrial users in the United States. The company operates mines in Illinois, Indiana, Kentucky, Maryland, and West Virginia.
– PT ABM Investama Tbk ($IDX:ABMM)
ABM Investama Tbk is a publicly traded holding company with a market capitalization of 11.67 trillion as of 2022. The company has a diversified portfolio of businesses, including financial services, mining, and energy. The company has a strong balance sheet and a return on equity of 66.56%. The company is well-positioned to continue growing its businesses and generating shareholder value.
Summary
NACCO Industries, Inc. has experienced a 1.39% drop in stock price this week. This could be a sign for potential investors to watch the stock more closely. Analyzing the company’s financial performance and future prospects is essential to determine whether or not to invest. The company’s past performance should be carefully evaluated, as well as its competitive position, market trends, and management.
Additionally, potential investors should examine the company’s financials, including its balance sheet, income statement, and cash flow statements. By understanding the company’s financials, one can better assess whether or not they should invest in NACCO Industries, Inc.
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
