New Hope Corporation Limited 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 listed in Australian Dollars. New Hope Corporation has a trailing 12-month revenue of around $1.1 billion.
How to buy shares in New Hope Corporation
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for New Hope Corporation. Find the share by name or ticker symbol: NHC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until New Hope Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of New Hope Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- New Hope Corporation key stats
- Compare share trading platforms
- Is New Hope Corporation stock a buy or sell?
- New Hope Corporation performance over time
- Are New Hope Corporation shares over-valued?
- New Hope Corporation's financials
- How volatile are New Hope Corporation shares?
- Does New Hope Corporation pay a dividend?
- Have New Hope Corporation shares ever split?
- Other common questions
New Hope Corporation share priceUse our graph to track the performance of NHC stocks over time.
New Hope Corporation shares at a glance
|52-week range||AUDA$1.015 - AUDA$2.34|
|50-day moving average||AUDA$1.2282|
|200-day moving average||AUDA$1.3418|
|Dividend yield||AUDA$0.12 (10%)|
|Earnings per share (TTM)||AUDA$0.193|
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Is it a good time to buy New Hope Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.
Is New Hope Corporation under- or over-valued?
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 P/E ratio
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 7x. In other words, New Hope Corporation shares trade at around 7x 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
New Hope Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $492.5 million.
The EBITDA is a measure of a New Hope Corporation's overall financial performance and is widely used to measure a its profitability.
New Hope Corporation financials
|Revenue TTM||$1.1 billion|
|Operating margin TTM||12.3%|
|Gross profit TTM||$324.7 million|
|Return on assets TTM||3.12%|
|Return on equity TTM||-8.51%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
New Hope Corporation share dividends
Dividend payout ratio: 88.04% of net profits
Recently New Hope Corporation has paid out, on average, around 88.04% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10% 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 10% return on their shares, in the form of dividend payments. In New Hope Corporation's case, that would currently equate to about A$0.12 per share.
New Hope Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 19 April 2020 (the "ex-dividend date").
Have New Hope Corporation's shares ever split?
New Hope Corporation's shares were split on 20 October 2008.
New Hope Corporation share price volatility
Over the last 12 months, New Hope Corporation's shares have ranged in value from as little as $1.015 up to $2.34. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while New Hope Corporation's is 0.8861. This would suggest that New Hope Corporation's shares are less volatile than average (for this exchange).
New Hope Corporation overview
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 has interests in two open cut coal mines in South East Queensland that produce thermal coal, including the New Acland project, which is located in north-west of Oakey, Queensland; and the Jeebropilly coal mine located in the West Moreton region near Ipswich. It also holds interests in oil projects and exploration permits based in the Eromanga Basin of south west Queensland; and two onshore exploration permits in the Otway Basin of south western Victoria. In addition, the company engages in the port management, agriculture, marketing, and logistics activities. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is based in Brisbane, Australia.
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