# Hallador Energy Company (HNRG) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Basic Materials / Metals & Mining. Price $16.60, market value $783 million.

## Valuation
- **P/E (trailing): 830.0×** (5-yr avg 15.0×, 3-yr avg 13.5×). Hallador Energy Company trades at 830.0× trailing earnings, well above its own five-year average of 15.0×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 25.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.22**. A PEG of 0.22 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 4.1×**. The shares trade at 4.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.8×**. Enterprise value is 13.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -6.4%** (5-yr avg 5.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.1%**. The inverse of the P/E: 0.1% of the price is earned each year.

## Profitability
- **Operating margin: 3.8%**. 3.8% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 8.9%**. 8.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 26.2%**. 26.2% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 7.5%**. Return on all capital, debt included, is 7.5%.
- **Return on assets: -0.2%**. Each dollar of assets produces -0.2% of profit.

## Growth
- **Revenue growth (1 yr): 16.2%** (3-yr 9.1%/yr, 5-yr 14.2%/yr). Revenue grew 16.2% over the last year, against 14.2% a year compounded over five years.
- **EPS growth (1 yr): 116.8%** (3-yr 20.4%/yr). Earnings per share rose 116.8%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 330.9%/yr**. Free cash flow has compounded at 330.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.19**. Debt is 0.19 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 4.08**. A Z-score of 4.08 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Hallador Energy Company does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (3 analysts). 3 analysts cover Hallador Energy Company; the consensus is strong_buy, with an average price target of $28.33 (+71% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 0.9%** (YTD -12.8%, 3-mo -0.4%). The shares are up 0.9% over twelve months including dividends.
- **From 52-week high: -32.8%** (21.6% above the low). Trading 33% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 1.44** (volatility 61%). Beta of 1.44 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HNRG · Page: https://foliofundamentals.com/stocks/hnrg

Not investment advice.