NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NRP - US63900P6088
119 USD
+1.63 (+1.39%)
NRP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 208 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year NRP was profitable.
- NRP had a positive operating cash flow in the past year.
- Of the past 5 years NRP 4 years were profitable.
- In the past 5 years NRP always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.27%, NRP belongs to the top of the industry, outperforming 95.67% of the companies in the same industry.
- NRP has a Return On Equity of 23.75%. This is amongst the best in the industry. NRP outperforms 90.38% of its industry peers.
- NRP has a better Return On Invested Capital (17.07%) than 95.19% of its industry peers.
- NRP had an Average Return On Invested Capital over the past 3 years of 27.07%. This is significantly above the industry average of 21.83%.
- 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 95.67% of the companies in the same industry.
- NRP's Profit Margin has improved in the last couple of years.
- NRP has a better Operating Margin (69.79%) than 96.63% of its industry peers.
- 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NRP is creating value.
- NRP has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NRP has more shares outstanding
- NRP has a better debt/assets ratio than last year.
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.
- NRP's Debt to FCF ratio of 0.37 is amongst the best of the industry. NRP outperforms 89.90% of its industry peers.
- NRP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.09, NRP is doing good in the industry, outperforming 79.81% of the companies in the same industry.
| 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 78.85% of its industry peers.
- A Quick Ratio of 2.14 indicates that NRP has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.14, NRP belongs to the top of the industry, outperforming 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
- The earnings per share for NRP have decreased strongly by -12.15% in the last year.
- NRP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 48.44% yearly.
- Looking at the last year, NRP shows a very negative growth in Revenue. The Revenue has decreased by -22.26% in the last year.
- 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
- A Price/Earnings ratio of 10.90 indicates a reasonable valuation of NRP.
- Based on the Price/Earnings ratio, NRP is valued a bit cheaper than the industry average as 78.37% of the companies are valued more expensively.
- NRP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.47.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as NRP.
- Based on the Price/Free Cash Flow ratio, NRP is valued cheaply inside the industry as 85.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.35 | ||
| EV/EBITDA | 9.24 |
4.3 Compensation for Growth
- The excellent profitability rating of NRP 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 2.56%.
- Compared to an average industry Dividend Yield of 3.91, NRP has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, NRP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
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
NYSE:NRP (1/16/2026, 8:04:00 PM)
119
+1.63 (+1.39%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-26 2026-02-26
Inst Owners34.36%
Inst Owner Change-0.01%
Ins Owners2.46%
Ins Owner Change-0.27%
Market Cap1.56B
Revenue(TTM)224.38M
Net Income(TTM)145.18M
Analysts80
Price TargetN/A
Short Float %2.51%
Short Ratio11.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Yearly Dividend6.12
Dividend Growth(5Y)3.46%
DP38.83%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | N/A | ||
| P/S | 6.97 | ||
| P/FCF | 8.35 | ||
| P/OCF | 8.35 | ||
| P/B | 2.56 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 9.24 |
EPS(TTM)10.92
EY9.18%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)14.26
FCFY11.98%
OCF(TTM)14.26
OCFY11.98%
SpS17.08
BVpS46.52
TBVpS45.58
PEG (NY)N/A
PEG (5Y)N/A
Graham Number106.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.27% | ||
| ROE | 23.75% | ||
| ROCE | 21.61% | ||
| ROIC | 17.07% | ||
| ROICexc | 17.84% | ||
| ROICexgc | 18.16% | ||
| OM | 69.79% | ||
| PM (TTM) | 64.7% | ||
| GM | N/A | ||
| FCFM | 83.48% |
ROA(3y)23.65%
ROA(5y)13.33%
ROE(3y)32.66%
ROE(5y)16.99%
ROIC(3y)27.07%
ROIC(5y)20.63%
ROICexc(3y)28.03%
ROICexc(5y)21.92%
ROICexgc(3y)28.57%
ROICexgc(5y)22.35%
ROCE(3y)34.27%
ROCE(5y)26.12%
ROICexgc growth 3Y10.43%
ROICexgc growth 5Y5.55%
ROICexc growth 3Y10.55%
ROICexc growth 5Y5.57%
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
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.37 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 14.92 | ||
| Cash Conversion | 109.52% | ||
| Profit Quality | 129.03% | ||
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 | ||
| Altman-Z | N/A |
F-Score5
WACC8.82%
ROIC/WACC1.94
Cap/Depr(3y)0.17%
Cap/Depr(5y)0.1%
Cap/Sales(3y)0.01%
Cap/Sales(5y)0.01%
Profit Quality(3y)145.28%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.15%
EPS 3Y48.44%
EPS 5YN/A
EPS Q2Q%14%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.26%
Revenue growth 3Y6.79%
Revenue growth 5Y0.44%
Sales Q2Q%-17.24%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-27.34%
EBIT growth 3Y8.39%
EBIT growth 5Y0.15%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-37.97%
FCF growth 3Y26.83%
FCF growth 5Y12.6%
OCF growth 1Y-37.97%
OCF growth 3Y26.83%
OCF growth 5Y12.6%
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 10.9 and the Price/Book (PB) ratio is 2.56.
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%.