HALLADOR ENERGY CO (HNRG) Stock Fundamental Analysis

NASDAQ:HNRG • US40609P1057

18.18 USD
-0.34 (-1.84%)
At close: Feb 27, 2026
18.18 USD
0 (0%)
After Hours: 2/27/2026, 5:21:11 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to HNRG. HNRG was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. The financial health of HNRG is average, but there are quite some concerns on its profitability. HNRG has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year HNRG was profitable.
  • HNRG had a positive operating cash flow in the past year.
  • In multiple years HNRG reported negative net income over the last 5 years.
  • In the past 5 years HNRG always reported a positive cash flow from operatings.
HNRG Yearly Net Income VS EBIT VS OCF VS FCFHNRG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M -150M -200M

1.2 Ratios

  • The Return On Assets of HNRG (-42.42%) is worse than 95.00% of its industry peers.
  • HNRG's Return On Equity of -118.81% is on the low side compared to the rest of the industry. HNRG is outperformed by 90.00% of its industry peers.
  • HNRG's Return On Invested Capital of 23.39% is amongst the best of the industry. HNRG outperforms 100.00% of its industry peers.
Industry RankSector Rank
ROA -42.42%
ROE -118.81%
ROIC 23.39%
ROA(3y)-16.84%
ROA(5y)-10.64%
ROE(3y)-63.69%
ROE(5y)-39.29%
ROIC(3y)N/A
ROIC(5y)N/A
HNRG Yearly ROA, ROE, ROICHNRG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150 -200

1.3 Margins

  • With a Operating Margin value of 11.26%, HNRG perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
  • HNRG has a Gross Margin (48.70%) which is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of HNRG has grown nicely.
Industry RankSector Rank
OM 11.26%
PM (TTM) N/A
GM 48.7%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.33%
GM growth 5Y12.03%
HNRG Yearly Profit, Operating, Gross MarginsHNRG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), HNRG is creating value.
  • Compared to 1 year ago, HNRG has more shares outstanding
  • Compared to 5 years ago, HNRG has more shares outstanding
  • Compared to 1 year ago, HNRG has an improved debt to assets ratio.
HNRG Yearly Shares OutstandingHNRG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
HNRG Yearly Total Debt VS Total AssetsHNRG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 3.17 indicates that HNRG is not in any danger for bankruptcy at the moment.
  • HNRG's Altman-Z score of 3.17 is amongst the best of the industry. HNRG outperforms 90.00% of its industry peers.
  • HNRG has a debt to FCF ratio of 0.99. This is a very positive value and a sign of high solvency as it would only need 0.99 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.99, HNRG belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.02 indicates that HNRG is not too dependend on debt financing.
  • The Debt to Equity ratio of HNRG (0.02) is better than 90.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.99
Altman-Z 3.17
ROIC/WACC2.64
WACC8.87%
HNRG Yearly LT Debt VS Equity VS FCFHNRG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • A Current Ratio of 0.66 indicates that HNRG may have some problems paying its short term obligations.
  • With a Current ratio value of 0.66, HNRG is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
  • HNRG has a Quick Ratio of 0.66. This is a bad value and indicates that HNRG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.31, HNRG is not doing good in the industry: 95.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.31
HNRG Yearly Current Assets VS Current LiabilitesHNRG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 258.18% over the past year.
  • Looking at the last year, HNRG shows a quite strong growth in Revenue. The Revenue has grown by 8.69% in the last year.
  • HNRG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.76% yearly.
EPS 1Y (TTM)258.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1275%
Revenue 1Y (TTM)8.69%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%39.79%

3.2 Future

  • Based on estimates for the next years, HNRG will show a very strong growth in Earnings Per Share. The EPS will grow by 48.19% on average per year.
  • The Revenue is expected to grow by 8.14% on average over the next years. This is quite good.
EPS Next Y332.47%
EPS Next 2Y88.36%
EPS Next 3Y68.95%
EPS Next 5Y48.19%
Revenue Next Year17.34%
Revenue Next 2Y7.79%
Revenue Next 3Y8.82%
Revenue Next 5Y8.14%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
HNRG Yearly Revenue VS EstimatesHNRG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
HNRG Yearly EPS VS EstimatesHNRG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 1 1.5

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.90, the valuation of HNRG can be described as rather expensive.
  • Based on the Price/Earnings ratio, HNRG is valued cheaper than 85.00% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of HNRG to the average of the S&P500 Index (27.10), we can say HNRG is valued slightly cheaper.
  • HNRG is valuated quite expensively with a Price/Forward Earnings ratio of 27.32.
  • Based on the Price/Forward Earnings ratio, HNRG is valued a bit cheaper than 70.00% of the companies in the same industry.
  • HNRG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 20.9
Fwd PE 27.32
HNRG Price Earnings VS Forward Price EarningsHNRG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • HNRG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HNRG is cheaper than 100.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, HNRG is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 15.83
EV/EBITDA 8.72
HNRG Per share dataHNRG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as HNRG's earnings are expected to grow with 68.95% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y88.36%
EPS Next 3Y68.95%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for HNRG!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

HALLADOR ENERGY CO

NASDAQ:HNRG (2/27/2026, 5:21:11 PM)

After market: 18.18 0 (0%)

18.18

-0.34 (-1.84%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)11-10
Earnings (Next)03-18
Inst Owners64.28%
Inst Owner Change21.04%
Ins Owners9.81%
Ins Owner Change0.22%
Market Cap853.01M
Revenue(TTM)461.74M
Net Income(TTM)-173.68M
Analysts80
Price Target27.03 (48.68%)
Short Float %6.73%
Short Ratio4.1
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)433.01%
Min EPS beat(2)247.06%
Max EPS beat(2)618.95%
EPS beat(4)3
Avg EPS beat(4)274.66%
Min EPS beat(4)-14.44%
Max EPS beat(4)618.95%
EPS beat(8)5
Avg EPS beat(8)111.06%
EPS beat(12)8
Avg EPS beat(12)129.28%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)19.08%
Min Revenue beat(2)7.25%
Max Revenue beat(2)30.91%
Revenue beat(4)3
Avg Revenue beat(4)12.99%
Min Revenue beat(4)-3.23%
Max Revenue beat(4)30.91%
Revenue beat(8)3
Avg Revenue beat(8)-3.89%
Revenue beat(12)7
Avg Revenue beat(12)4.4%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.92%
EPS NQ rev (1m)-149.93%
EPS NQ rev (3m)-66.7%
EPS NY rev (1m)0%
EPS NY rev (3m)74.22%
Revenue NQ rev (1m)-0.22%
Revenue NQ rev (3m)-2.26%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)6.77%
Valuation
Industry RankSector Rank
PE 20.9
Fwd PE 27.32
P/S 1.85
P/FCF 15.83
P/OCF 7.62
P/B 5.83
P/tB 5.83
EV/EBITDA 8.72
EPS(TTM)0.87
EY4.79%
EPS(NY)0.67
Fwd EY3.66%
FCF(TTM)1.15
FCFY6.32%
OCF(TTM)2.39
OCFY13.12%
SpS9.84
BVpS3.12
TBVpS3.12
PEG (NY)0.06
PEG (5Y)N/A
Graham Number7.81
Profitability
Industry RankSector Rank
ROA -42.42%
ROE -118.81%
ROCE 25.72%
ROIC 23.39%
ROICexc 24.95%
ROICexgc 24.95%
OM 11.26%
PM (TTM) N/A
GM 48.7%
FCFM 11.67%
ROA(3y)-16.84%
ROA(5y)-10.64%
ROE(3y)-63.69%
ROE(5y)-39.29%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y26.33%
GM growth 5Y12.03%
F-Score6
Asset Turnover1.13
Health
Industry RankSector Rank
Debt/Equity 0.02
Debt/FCF 0.99
Debt/EBITDA 0.03
Cap/Depr 110.85%
Cap/Sales 12.57%
Interest Coverage 7.94
Cash Conversion 107.28%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.31
Altman-Z 3.17
F-Score6
WACC8.87%
ROIC/WACC2.64
Cap/Depr(3y)102.89%
Cap/Depr(5y)86.21%
Cap/Sales(3y)13.33%
Cap/Sales(5y)11.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)258.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1275%
EPS Next Y332.47%
EPS Next 2Y88.36%
EPS Next 3Y68.95%
EPS Next 5Y48.19%
Revenue 1Y (TTM)8.69%
Revenue growth 3Y17.75%
Revenue growth 5Y4.76%
Sales Q2Q%39.79%
Revenue Next Year17.34%
Revenue Next 2Y7.79%
Revenue Next 3Y8.82%
Revenue Next 5Y8.14%
EBIT growth 1Y614.17%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1240.18%
EBIT Next 3Y202.45%
EBIT Next 5Y124.44%
FCF growth 1Y-2.6%
FCF growth 3Y-14.23%
FCF growth 5Y35.91%
OCF growth 1Y-6.54%
OCF growth 3Y11.19%
OCF growth 5Y11.51%

HALLADOR ENERGY CO / HNRG FAQ

What is the fundamental rating for HNRG stock?

ChartMill assigns a fundamental rating of 5 / 10 to HNRG.


Can you provide the valuation status for HALLADOR ENERGY CO?

ChartMill assigns a valuation rating of 6 / 10 to HALLADOR ENERGY CO (HNRG). This can be considered as Fairly Valued.


How profitable is HALLADOR ENERGY CO (HNRG) stock?

HALLADOR ENERGY CO (HNRG) has a profitability rating of 3 / 10.


What is the earnings growth outlook for HALLADOR ENERGY CO?

The Earnings per Share (EPS) of HALLADOR ENERGY CO (HNRG) is expected to grow by 332.47% in the next year.


Can you provide the dividend sustainability for HNRG stock?

The dividend rating of HALLADOR ENERGY CO (HNRG) is 0 / 10 and the dividend payout ratio is 0%.