NATURAL RESOURCE PARTNERS LP (NRP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NRP - US63900P6088
114.09 USD
-1.79 (-1.54%)
Overall NRP gets a fundamental rating of 6 out of 10. We evaluated NRP against 207 industry peers in the Oil, Gas & Consumable Fuels industry. NRP gets an excellent profitability rating and is at the same time showing great financial health properties. NRP has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
- NRP had positive earnings in 4 of the past 5 years.
- In the past 5 years NRP always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 19.27%, NRP belongs to the best of the industry, outperforming 95.65% of the companies in the same industry.
- NRP's Return On Equity of 23.75% is amongst the best of the industry. NRP outperforms 90.34% of its industry peers.
- NRP has a Return On Invested Capital of 17.07%. This is amongst the best in the industry. NRP outperforms 95.17% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for NRP is significantly above the industry average of 21.94%.
- 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
- The Profit Margin of NRP (64.70%) is better than 95.65% of its industry peers.
- In the last couple of years the Profit Margin of NRP has grown nicely.
- NRP has a Operating Margin of 69.79%. This is amongst the best in the industry. NRP outperforms 96.62% 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NRP is creating value.
- The number of shares outstanding for NRP has been increased compared to 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
- 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's Debt to FCF ratio of 0.37 is amongst the best of the industry. NRP outperforms 89.86% 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 79.23% 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
WACC8.83%
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 has a better Current ratio (2.14) than 78.26% 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'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%.
- The Earnings Per Share has been growing by 48.44% on average over the past years. This is a very strong growth
- Looking at the last year, NRP shows a very negative growth in Revenue. The Revenue has decreased by -22.26% in the last year.
- 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
- A Price/Earnings ratio of 10.45 indicates a reasonable valuation of NRP.
- Based on the Price/Earnings ratio, NRP is valued cheaper than 80.68% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.25. NRP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.45 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- NRP's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, NRP is valued cheaper than 85.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8 | ||
| EV/EBITDA | 8.99 |
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
- With a Yearly Dividend Yield of 2.53%, NRP has a reasonable but not impressive dividend return.
- NRP's Dividend Yield is comparable with the industry average which is at 3.73.
- Compared to an average S&P500 Dividend Yield of 1.82, NRP pays a bit more dividend than the S&P500 average.
| 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 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
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 10.45 and the Price/Book (PB) ratio is 2.45.
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%.