NEW HOPE CORPORATION LIMITED (NHC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

NHC - NEW HOPE CORPORATION LIMITED

FNArena Sector : Coal
Year End: July
GICS Industry Group : Energy
Debt/EBITDA: 0.05
Index: ASX200 | ASX300 | ALL-ORDS

New Hope is an Australian diversified energy group. Its operations include coal mining, oil and gas exploration, agriculture, port operation, innovative technologies and investment. Founded in 1952 it became a listed company in 2003.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.03

05 Dec
2023

-0.070

OPEN

$5.06

-1.37%

HIGH

$5.12

1,941,600

LOW

$4.99

TARGET
$5.20 3.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ATU . BCB . BRL . CRN . MMI . SMR . TER . WHC . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
NHC: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 126.0 62.9 xxx
DPS (cps) xxx 70.0 34.4 xxx
EPS Growth xxx 6.7% - 50.1% xxx
DPS Growth xxx - 18.6% - 50.9% xxx
PE Ratio xxx N/A 7.9 xxx
Dividend Yield xxx N/A 6.9% xxx
Div Pay Ratio(%) xxx 55.6% 54.6% xxx

Dividend yield today if purchased 3 years ago: 48.95%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 14.03

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/10 - ex-div 30c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx126.0
DPS All xxxxxxxxxxxxxxx70.0
Sales/Revenue xxxxxxxxxxxxxxx2,700.7 M
Book Value Per Share xxxxxxxxxxxxxxx298.3
Net Operating Cash Flow xxxxxxxxxxxxxxx1,524.8 M
Net Profit Margin xxxxxxxxxxxxxxx40.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx44.96 %
Return on Invested Capital xxxxxxxxxxxxxxx41.90 %
Return on Assets xxxxxxxxxxxxxxx32.60 %
Return on Equity xxxxxxxxxxxxxxx44.96 %
Return on Total Capital xxxxxxxxxxxxxxx58.87 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx510.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx10 M
Long Term Debt xxxxxxxxxxxxxxx75 M
Total Debt xxxxxxxxxxxxxxx85 M
Goodwill - Gross xxxxxxxxxxxxxxx6 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx731 M
Price To Book Value xxxxxxxxxxxxxxx1.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx187.0 M
Capex % of Sales xxxxxxxxxxxxxxx6.92 %
Cost of Goods Sold xxxxxxxxxxxxxxx961 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx206 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx239 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.3

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

17/10/2023

3

Hold

$6.10

21.27%

Following updates to its commodity forecasts, Ord Minnett sees opportunities within its coverage of the ASX-listed Resources sector among gold and thermal coal companies in particular.

After many years of miners focusing upon returning excess cash to shareholders, the broker notes a pivot towards growth, as evidenced by recent M&A activity in the Gold and Lithium sectors.

Ord Minnett's commodity price forecasts are mixed with higher near-term iron ore prices and lower near-term thermal coal prices. Across the broker's coverage, Whitehaven Coal and mineral sands miner Iluka Resources are thought to represent the best value.

Higher iron ore and metallurgical coal prices drive increased valuations for exposed companies, while Ord Minnett's forecasts for copper fall.

The target for thermal coal producer New Hope falls to $6.10 from $6.30, while the Hold rating is unchanged.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 22.40 cents and EPS of 49.70 cents.
Ord Minnett forecasts a full year FY25 dividend of 30.20 cents and EPS of 69.40 cents.

Morgans

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

NHC STOCK CHART

FNArena News on NHC

1
Australian Broker Call *Extra* Edition – Dec 04, 2023

Dec 04 2023 - Daily Market Reports
2
ESG Focus: The Little Big Things – 30-11-2023

Nov 30 2023 - ESG Focus
3
Weekly Ratings, Targets, Forecast Changes – 24-11-23

Nov 27 2023 - Weekly Reports
4
ESG Focus: ESG-Linked Remuneration Now In Focus

Oct 19 2023 - ESG Focus
5
Australian Broker Call *Extra* Edition – Sep 26, 2023

Sep 26 2023 - Daily Market Reports

Latest Coal News

1
Organic And Inorganic Opportunities For Coronado

Jul 24 2023 - Australia
2
Capacity Increase Ahead for New Hope

Mar 23 2023 - Australia
3
Stanmore Versus Coronado: Higher Margins Rule

Mar 22 2023 - Commodities
4
Whitehaven Coal: Opportunity Presents

Feb 14 2023 - Technicals
5
Coronado Needs to Hold Support

Dec 13 2022 - Technicals
6
Poor Production Won’t Rain On Coronado’s Parade

Nov 02 2022 - Small Caps
7
New Hope: Higher Thermal Coal Price Forecasts

Sep 28 2022 - Australia
8
Coronado Global Resources: Upside Despite Near-Term Weakness

Jul 25 2022 - Australia
9
Next Week At A Glance – 18-22 Jul 2022

Jul 15 2022 - Weekly Reports
10
Dividend Bonanza for Coronado Global Resources

May 11 2022 - Australia