NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NRP - US63900P6088
102.95 USD
-0.43 (-0.42%)
We assign a fundamental rating of 6 out of 10 to NRP. NRP was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. NRP scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NRP has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NRP had positive earnings in the past year.
NRP had a positive operating cash flow in the past year.
NRP had positive earnings in 4 of the past 5 years.
NRP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NRP's Return On Assets of 19.27% is amongst the best of the industry. NRP outperforms 96.17% of its industry peers.
The Return On Equity of NRP (23.75%) is better than 90.91% of its industry peers.
The Return On Invested Capital of NRP (17.07%) is better than 95.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NRP is significantly above the industry average of 21.18%.
The 3 year average ROIC (27.07%) for NRP is well above the current ROIC(17.07%). The reason for the recent decline needs to be investigated.
| 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
NRP has a better Profit Margin (64.70%) than 95.69% of its industry peers.
NRP's Profit Margin has improved in the last couple of years.
NRP has a Operating Margin of 69.79%. This is amongst the best in the industry. NRP outperforms 96.17% of its industry peers.
In the last couple of years the Operating Margin of NRP has remained more or less at the same level.
| 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.
Compared to 1 year ago, NRP has more shares outstanding
NRP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NRP has been reduced compared to a year ago.
2.2 Solvency
NRP has a debt to FCF ratio of 0.37. This is a very positive value and a sign of high solvency as it would only need 0.37 years to pay back of all of its debts.
NRP has a better Debt to FCF ratio (0.37) than 89.95% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that NRP is not too dependend on debt financing.
NRP has a better Debt to Equity ratio (0.09) than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.37 | ||
| Altman-Z | N/A |
ROIC/WACC1.96
WACC8.72%
2.3 Liquidity
A Current Ratio of 2.14 indicates that NRP has no problem at all paying its short term obligations.
The Current ratio of NRP (2.14) is better than 78.47% 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.
NRP has a Quick ratio of 2.14. This is amongst the best in the industry. NRP outperforms 80.38% of its industry peers.
| 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.
The Revenue for NRP has decreased by -22.26% in the past year. This is quite bad
NRP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.44% yearly.
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
Based on the Price/Earnings ratio of 9.43, the valuation of NRP can be described as reasonable.
NRP's Price/Earnings ratio is rather cheap when compared to the industry. NRP is cheaper than 82.78% of the companies in the same industry.
NRP is valuated cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.43 | ||
| 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 cheaper than 86.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.22 | ||
| EV/EBITDA | 8.13 |
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 2.90%.
NRP's Dividend Yield is comparable with the industry average which is at 3.93.
Compared to an average S&P500 Dividend Yield of 2.00, NRP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
5.2 History
The dividend of NRP has a limited annual growth rate of 3.46%.
NRP has been paying a dividend for at least 10 years, so it has 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
NRP pays out 38.83% of its income as dividend. This is a sustainable payout ratio.
DP38.83%
EPS Next 2YN/A
EPS Next 3YN/A
NYSE:NRP (12/26/2025, 8:06:10 PM)
102.95
-0.43 (-0.42%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners34.42%
Inst Owner Change-2.02%
Ins Owners2.46%
Ins Owner Change-0.27%
Market Cap1.35B
Revenue(TTM)224.38M
Net Income(TTM)145.18M
Analysts80
Price TargetN/A
Short Float %2.49%
Short Ratio11.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend6.12
Dividend Growth(5Y)3.46%
DP38.83%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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 | 9.43 | ||
| Fwd PE | N/A | ||
| P/S | 6.03 | ||
| P/FCF | 7.22 | ||
| P/OCF | 7.22 | ||
| P/B | 2.21 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 8.13 |
EPS(TTM)10.92
EY10.61%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)14.26
FCFY13.85%
OCF(TTM)14.26
OCFY13.85%
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
WACC8.72%
ROIC/WACC1.96
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 of NATURAL RESOURCE PARTNERS LP (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.
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%.