New Hope Corporation is a thermal coal business based in Australia. New Hope Corporation shares (NHC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. New Hope Corporation has a trailing 12-month revenue of around $2.8 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $4.4572 - $6.6721 |
|---|---|
| 50-day moving average | $5.8786 |
| 200-day moving average | $5.5005 |
| Target price | $4.76 |
| PE ratio | 4.28 |
| Dividend yield | $0.51 (7.79%) |
| Earnings per share (TTM) | $1.19 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$5.21
| 1 week (2023-11-23) | -2.07% |
|---|---|
| 1 month (2023-11-03) | -4.05% |
| 3 months (2023-09-01) | -10.17% |
| 6 months (2023-06-02) | 8.77% |
| 1 year (2022-12-02) | -9.23% |
|---|---|
| 2 years (2021-12-03) | 152.91% |
| 3 years (2020-12-03) | 276.17% |
| 5 years (2018-12-03) | 49.71% |
Valuing New Hope Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Hope Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
New Hope Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, New Hope Corporation shares trade at around 4x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
New Hope Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.8 billion (£0.0 million).
The EBITDA is a measure of a New Hope Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $2.8 billion |
|---|---|
| Operating margin TTM | 54.97% |
| Gross profit TTM | $1.8 billion |
| Return on assets TTM | 30.69% |
| Return on equity TTM | 44.96% |
| Profit margin | 39.48% |
| Book value | 2.983 |
| Market capitalisation | $4.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 16.03% of net profits
Recently New Hope Corporation has paid out, on average, around 16.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Hope Corporation shareholders could enjoy a 7.79% return on their shares, in the form of dividend payments. In New Hope Corporation's case, that would currently equate to about A$0.51 per share.
While New Hope Corporation's payout ratio might seem low, this can signify that New Hope Corporation is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 23 October 2023 (the "ex-dividend date").
New Hope Corporation's shares were split on a 1.0232:1 basis on 21 October 2008. So if you had owned 1 share the day before the split, the next day you would own 1.0232 shares. This wouldn't directly have changed the overall worth of your New Hope Corporation shares – just the quantity. However, indirectly, the new 2.3% lower share price could have impacted the market appetite for New Hope Corporation shares which in turn could have impacted New Hope Corporation's share price.
Over the last 12 months, New Hope Corporation's shares have ranged in value from as little as $4.4572 up to $6.6721. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while New Hope Corporation's is 0.377. This would suggest that New Hope Corporation's shares are less volatile than average (for this exchange).
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; and operation of bulk handling facility comprising receiving, storage, and shipping of coal, construction sand and aggregates, chips and pellets, and mineral sands, as well as raw and processed minerals, such as bauxite, manganese, diatomite, etc. Further, it is involved in port operation and handling; logistics; and marketing activities. The company has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is headquartered in Brisbane, Australia.
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