NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
NYSE:NRP - New York Stock Exchange, Inc. - US63900P6088 - Currency: USD
Taking everything into account, NRP scores 5 out of 10 in our fundamental rating. NRP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. NRP has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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.
In the past year NRP had a positive cash flow from operations.
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
NRP's Return On Assets of 19.64% is amongst the best of the industry. NRP outperforms 92.38% of its industry peers.
NRP's Return On Equity of 27.55% is amongst the best of the industry. NRP outperforms 87.14% of its industry peers.
NRP's Return On Invested Capital of 20.73% is amongst the best of the industry. NRP outperforms 94.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NRP is in line with the industry average of 27.47%.
The 3 year average ROIC (27.07%) for NRP is well above the current ROIC(20.73%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.64% | ||
| ROE | 27.55% | ||
| ROIC | 20.73% |
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 57.69%, NRP belongs to the top of the industry, outperforming 93.81% of the companies in the same industry.
In the last couple of years the Profit Margin of NRP has grown nicely.
NRP's Operating Margin of 73.89% is amongst the best of the industry. NRP outperforms 95.24% of its industry peers.
NRP's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.89% | ||
| PM (TTM) | 57.69% | ||
| 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.
The number of shares outstanding for NRP has been increased compared to 1 year ago.
The number of shares outstanding for NRP has been increased compared to 5 years ago.
Compared to 1 year ago, NRP has an improved debt to assets ratio.
2.2 Solvency
NRP has a debt to FCF ratio of 0.57. This is a very positive value and a sign of high solvency as it would only need 0.57 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.57, NRP belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that NRP is not too dependend on debt financing.
NRP has a better Debt to Equity ratio (0.23) than 67.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | N/A |
ROIC/WACC2.33
WACC8.89%
2.3 Liquidity
A Current Ratio of 2.00 indicates that NRP has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.00, NRP is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
A Quick Ratio of 2.00 indicates that NRP has no problem at all paying its short term obligations.
NRP has a better Quick ratio (2.00) than 75.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 2 |
3. Growth
3.1 Past
NRP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.30%.
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 -28.31% in the last year.
Measured over the past years, NRP shows a small growth in Revenue. The Revenue has been growing by 0.44% on average per year.
EPS 1Y (TTM)-14.3%
EPS 3Y48.44%
EPS 5YN/A
EPS Q2Q%-26.91%
Revenue 1Y (TTM)-28.31%
Revenue growth 3Y6.79%
Revenue growth 5Y0.44%
Sales Q2Q%-29.44%
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
With a Price/Earnings ratio of 9.09, the valuation of NRP can be described as very reasonable.
NRP's Price/Earnings ratio is a bit cheaper when compared to the industry. NRP is cheaper than 70.48% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.35, NRP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.09 | ||
| 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 86.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.38 | ||
| EV/EBITDA | 6.9 |
4.3 Compensation for Growth
The decent 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 3.00%.
Compared to an average industry Dividend Yield of 7.06, NRP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, NRP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
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
NRP pays out 51.74% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.74%
EPS Next 2YN/A
EPS Next 3YN/A
NYSE:NRP (3/7/2025, 8:04:00 PM)
102.5
+2.4 (+2.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners32.53%
Inst Owner Change4.13%
Ins Owners7.46%
Ins Owner Change0.58%
Market Cap1.34B
Analysts80
Price TargetN/A
Short Float %2.05%
Short Ratio6.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
Yearly Dividend6.12
Dividend Growth(5Y)3.46%
DP51.74%
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 | 9.09 | ||
| Fwd PE | N/A | ||
| P/S | 5.08 | ||
| P/FCF | 5.38 | ||
| P/OCF | 5.38 | ||
| P/B | 2.43 | ||
| P/tB | 2.49 | ||
| EV/EBITDA | 6.9 |
EPS(TTM)11.27
EY11%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)19.04
FCFY18.58%
OCF(TTM)19.04
OCFY18.58%
SpS20.17
BVpS42.23
TBVpS41.24
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.64% | ||
| ROE | 27.55% | ||
| ROCE | 26.24% | ||
| ROIC | 20.73% | ||
| ROICexc | 21.62% | ||
| ROICexgc | 22.02% | ||
| OM | 73.89% | ||
| PM (TTM) | 57.69% | ||
| GM | N/A | ||
| FCFM | 94.43% |
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%
ROICexcg growth 3Y10.43%
ROICexcg 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-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 0.57 | ||
| Debt/EBITDA | 0.61 | ||
| Cap/Depr | 0% | ||
| Cap/Sales | 0% | ||
| Interest Coverage | 12.58 | ||
| Cash Conversion | 118.34% | ||
| Profit Quality | 163.68% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 2 | ||
| Altman-Z | N/A |
F-Score6
WACC8.89%
ROIC/WACC2.33
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)-14.3%
EPS 3Y48.44%
EPS 5YN/A
EPS Q2Q%-26.91%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-28.31%
Revenue growth 3Y6.79%
Revenue growth 5Y0.44%
Sales Q2Q%-29.44%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-32.98%
EBIT growth 3Y8.39%
EBIT growth 5Y0.15%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-20.09%
FCF growth 3Y26.83%
FCF growth 5Y12.6%
OCF growth 1Y-20.09%
OCF growth 3Y26.83%
OCF growth 5Y12.6%