We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
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 $1.7 billion. If you're looking to buy shares, check out the steps below.
Our top pick for
US stocks
Our top pick for
Best overall broker
Our top pick for
Best low-cost broker
| 52-week range | $1.5638 - $4.105 |
|---|---|
| 50-day moving average | $3.637 |
| 200-day moving average | $2.6776 |
| Target price | $3.64 |
| PE ratio | 7.5712 |
| Dividend yield | $0.24 (8.72%) |
| Earnings per share (TTM) | $0.527 |
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$3.84
| 1 week (2022-06-03) | -1.54% |
|---|---|
| 1 month (2022-05-11) | 5.79% |
| 3 months (2022-03-11) | 34.27% |
| 6 months (2021-12-10) | 83.73% |
| 1 year (2021-06-11) | 106.45% |
|---|---|
| 2 years (2020-06-11) | 177.26% |
| 3 years (2019-06-11) | 50.00% |
| 5 years (2017-06-09) | 152.63% |
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 8x. In other words, New Hope Corporation shares trade at around 8x 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 $855.6 million (£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 | $1.7 billion |
|---|---|
| Operating margin TTM | 43.19% |
| Gross profit TTM | $390.1 million |
| Return on assets TTM | 16.69% |
| Return on equity TTM | 25.31% |
| Profit margin | 27.88% |
| Book value | 2.416 |
| Market capitalisation | $3.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 38.46% of net profits
Recently New Hope Corporation has paid out, on average, around 38.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.72% 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 8.72% return on their shares, in the form of dividend payments. In New Hope Corporation's case, that would currently equate to about A$0.24 per share.
While New Hope Corporation's payout ratio might seem fairly standard, it's worth remembering that New Hope Corporation may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 13 April 2022 (the "ex-dividend date").
New Hope Corporation's shares were split on 20 October 2008.
Over the last 12 months, New Hope Corporation's shares have ranged in value from as little as $1.5638 up to $4.105. 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 0.7735. This would suggest that New Hope Corporation's shares are less volatile than average (for this exchange).
New Hope Corporation Limited explores, 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 produce thermal coal, which include the New Acland project located in north 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; operation of bulk handling facility; port operation; and logistics and marketing business. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was incorporated in 1986 and is headquartered in Brisbane, Australia.
Steps to owning and managing Koba Resources shares.
Steps to owning and managing Rincon Resource shares.
Steps to owning and managing Payright shares.
Everything we know about the Iltani Resources IPO, plus information on how to buy in.
Bloom Impact Investing offers exclusively climate impact investing, with direct climate action being the goal.
Steps to owning and managing Kingfisher Mining shares.
Everything we know about the Botala Energy IPO, plus information on how to buy in.
Steps to owning and managing Pacific Edge shares.
Everything we know about the Aeramentum Resources IPO, plus information on how to buy in.
Everything we know about the OD6 Metals IPO, plus information on how to buy in.
