NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:NRP • US63900P6088
113.5 USD
-1.47 (-1.28%)
Last: Jan 30, 2026, 07:11 PM
NRP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 207 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 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.
- NRP had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years NRP had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 19.27%, NRP belongs to the top of the industry, outperforming 95.65% 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 90.34% of its industry peers.
- NRP's Return On Invested Capital of 17.07% is amongst the best of the industry. NRP outperforms 95.17% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NRP is significantly above the industry average of 21.94%.
- 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
- NRP has a better Profit Margin (64.70%) than 95.65% of its industry peers.
- In the last couple of years the Profit Margin of NRP has grown nicely.
- NRP has a better Operating Margin (69.79%) than 96.62% 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.
- Compared to 1 year ago, NRP has more shares outstanding
- 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 0.37. 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.
- Looking at the Debt to FCF ratio, with a value of 0.37, NRP belongs to the top of the industry, outperforming 89.86% of the companies in the same industry.
- A Debt/Equity ratio of 0.09 indicates that NRP is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.09, NRP is doing good in the industry, outperforming 79.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.37 | ||
| Altman-Z | N/A |
ROIC/WACC1.93
WACC8.84%
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.
- With a decent Current ratio value of 2.14, NRP is doing good in the industry, outperforming 78.26% of the companies in the same industry.
- 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's Quick ratio of 2.14 is amongst the best of the industry. NRP outperforms 80.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
- NRP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.15%.
- 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
- 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
- Based on the Price/Earnings ratio of 10.39, the valuation of NRP can be described as reasonable.
- 82.13% of the companies in the same industry are more expensive than NRP, based on the Price/Earnings ratio.
- NRP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.39 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as NRP.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of NRP indicates a rather cheap valuation: NRP is cheaper than 86.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.96 | ||
| EV/EBITDA | 9.06 |
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 2.53%.
- Compared to an average industry Dividend Yield of 3.73, NRP has a dividend in line with its industry peers.
- NRP's Dividend Yield is a higher than the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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
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 10.39 and the Price/Book (PB) ratio is 2.44.
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%.