# NACCO Industries Inc. (NC) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $41.93, market value $316 million.

## Valuation
- **P/E (trailing): 18.3×** (5-yr avg 8.8×, 3-yr avg 13.5×). NACCO Industries Inc. trades at 18.3× trailing earnings, well above its own five-year average of 8.8×: investors are paying up relative to the company's past. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 0.7×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 7.8×**. Enterprise value is 7.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Earnings yield: 5.5%**. The inverse of the P/E: 5.5% of the price is earned each year.

## Profitability
- **Gross margin: 18.5%**. NACCO Industries Inc. keeps 18.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 8.3%**. 8.3% of revenue is left after running the business.
- **Net margin: 6.3%**. 6.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.1%**. 4.1% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.8%**. Return on all capital, debt included, is 3.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.6%**. Each dollar of assets produces 2.6% of profit.

## Growth
- **Revenue growth (1 yr): 16.6%** (3-yr 4.7%/yr, 5-yr 16.6%/yr). Revenue grew 16.6% over the last year, against 16.6% a year compounded over five years.
- **EPS growth (1 yr): -48.4%** (3-yr -38.4%/yr, 5-yr 2.3%/yr). Earnings per share fell 48.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -55.1%/yr**. Free cash flow has compounded at -55.1% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.23**. Debt is 0.23 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.1×**. It would take 1.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.26**. A Z-score of 2.26 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.50%** ($1.02 per share, trailing). NACCO Industries Inc. yields 2.50%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 42%**. 42% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 5.1%/yr** (1-yr 9.4%). The dividend has grown 5.1% a year over five years.

## Price and momentum
- **Total return (1 yr): 7.0%** (YTD -13.7%, 3-mo -21.2%). The shares are up 7.0% over twelve months including dividends.
- **From 52-week high: -29.4%** (10.6% above the low). Trading 29% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 0.53** (volatility 41%). Beta of 0.53 against the S&P 500: the shares move much less than the market.

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

Not investment advice.