NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NRP - US63900P6088
115.88 USD
-2.62 (-2.21%)
Taking everything into account, NRP scores 6 out of 10 in our fundamental rating. NRP was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making NRP a very profitable company, without any liquidiy or solvency issues. NRP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year NRP was profitable.
- In the past year NRP had a positive cash flow from operations.
- Of the past 5 years NRP 4 years were profitable.
- NRP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.27%, NRP belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
- NRP has a better Return On Equity (23.75%) than 90.34% of its industry peers.
- NRP's Return On Invested Capital of 17.07% is amongst the best of the industry. NRP outperforms 95.17% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for NRP is significantly above the industry average of 21.94%.
- The last Return On Invested Capital (17.07%) for NRP is well below the 3 year average (27.07%), which needs to be investigated, but indicates that NRP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.27% | ||
| ROE | 23.75% | ||
| ROIC | 17.07% |
ROA(3y)23.65%
ROA(5y)13.33%
ROE(3y)32.66%
ROE(5y)16.99%
ROIC(3y)27.07%
ROIC(5y)20.63%
1.3 Margins
- Looking at the Profit Margin, with a value of 64.70%, NRP belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
- NRP's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 69.79%, NRP belongs to the best of the industry, outperforming 96.62% of the companies in the same industry.
- NRP's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 69.79% | ||
| PM (TTM) | 64.7% | ||
| GM | N/A |
OM growth 3Y1.5%
OM growth 5Y-0.29%
PM growth 3Y18.09%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- NRP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- NRP has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for NRP has been increased compared to 5 years ago.
- The debt/assets ratio for NRP has been reduced compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of NRP is 0.37, which is an excellent value as it means it would take NRP, only 0.37 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 0.37, NRP belongs to the best of the industry, outperforming 89.86% of the companies in the same industry.
- NRP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of NRP (0.09) is better than 79.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.37 | ||
| Altman-Z | N/A |
ROIC/WACC1.94
WACC8.82%
2.3 Liquidity
- NRP has a Current Ratio of 2.14. This indicates that NRP is financially healthy and has no problem in meeting its short term obligations.
- NRP's Current ratio of 2.14 is fine compared to the rest of the industry. NRP outperforms 78.26% of its industry peers.
- NRP has a Quick Ratio of 2.14. This indicates that NRP is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of NRP (2.14) is better than 80.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
- NRP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.15%.
- Measured over the past years, NRP shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.44% on average per year.
- NRP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.26%.
- The Revenue has been growing slightly by 0.44% on average over the past years.
EPS 1Y (TTM)-12.15%
EPS 3Y48.44%
EPS 5YN/A
EPS Q2Q%14%
Revenue 1Y (TTM)-22.26%
Revenue growth 3Y6.79%
Revenue growth 5Y0.44%
Sales Q2Q%-17.24%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 10.61, which indicates a very decent valuation of NRP.
- Based on the Price/Earnings ratio, NRP is valued cheaper than 80.68% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, NRP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.61 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- NRP's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, NRP is valued cheaper than 85.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.13 | ||
| EV/EBITDA | 9.13 |
4.3 Compensation for Growth
- NRP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- NRP has a Yearly Dividend Yield of 2.53%.
- Compared to an average industry Dividend Yield of 3.73, NRP has a dividend in line with its industry peers.
- NRP's Dividend Yield is a higher than the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
5.2 History
- The dividend of NRP has a limited annual growth rate of 3.46%.
- NRP has paid a dividend for at least 10 years, which is a reliable track record.
- NRP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.46%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 38.83% of the earnings are spent on dividend by NRP. This is a low number and sustainable payout ratio.
DP38.83%
EPS Next 2YN/A
EPS Next 3YN/A
NATURAL RESOURCE PARTNERS LP / NRP FAQ
What is the ChartMill fundamental rating of NATURAL RESOURCE PARTNERS LP (NRP) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NRP.
What is the valuation status for NRP stock?
ChartMill assigns a valuation rating of 5 / 10 to NATURAL RESOURCE PARTNERS LP (NRP). This can be considered as Fairly Valued.
What is the profitability of NRP stock?
NATURAL RESOURCE PARTNERS LP (NRP) has a profitability rating of 8 / 10.
What are the PE and PB ratios of NATURAL RESOURCE PARTNERS LP (NRP) stock?
The Price/Earnings (PE) ratio for NATURAL RESOURCE PARTNERS LP (NRP) is 10.61 and the Price/Book (PB) ratio is 2.49.
Can you provide the dividend sustainability for NRP stock?
The dividend rating of NATURAL RESOURCE PARTNERS LP (NRP) is 5 / 10 and the dividend payout ratio is 38.83%.