NC
NACCO Industries, Inc.
Coal
Market Cap$393M
5Y Perf.+100.5%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
NC vs NRP
Revenue, margins, valuation, and 5-year total return — side by side.
NRP
Natural Resource Partners L.P.
Coal
Market Cap$1.50B
5Y Perf.+679.5%
NC vs NRP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | NC | NRP |
|---|---|---|
| Industry | Coal | Coal |
| Market Cap | $393M | $1.50B |
| Revenue (TTM) | $274M | $185M |
| Net Income (TTM) | $22M | $95M |
| Gross Margin | 15.6% | 69.9% |
| Operating Margin | -0.7% | 67.0% |
| Forward P/E | 1.8x | 23.9x |
| Total Debt | $111M | $33M |
| Cash & Equiv. | $50M | $30M |
NC vs NRP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
NC
NRP
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NACCO Industries, I… (NC) | 100 | 200.5 | +100.5% |
| Natural Resource Pa… (NRP) | 100 | 779.5 | +679.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NC vs NRP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: NRP leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. NACCO Industries, Inc. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. As sector peers, any of these can serve as alternatives in the same allocation.
NC
NACCO Industries, Inc.
The Growth Play
NC is the clearest fit if your priority is growth exposure.
- Rev growth 16.6%, EPS growth -48.4%, 3Y rev CAGR 4.7%
- 16.6% revenue growth vs NRP's -17.4%
- Lower P/E (1.8x vs 23.9x)
Best for: growth exposure
NRP
Natural Resource Partners L.P.
The Income Pick
NRP carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 0.01, yield 3.8%
- 9.7% 10Y total return vs NC's 370.1%
- Lower volatility, beta 0.01, Low D/E 5.2%, current ratio 1.85x
Best for: income & stability and long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | NC | 16.6% revenue growth vs NRP's -17.4% |
| Value | NC | Lower P/E (1.8x vs 23.9x) |
| Quality / Margins | NRP | 51.6% margin vs NC's 7.8% |
| Stability / Safety | NRP | Beta 0.01 vs NC's 0.95, lower leverage |
| Dividends | NRP | 3.8% yield, vs NC's 1.9% |
| Momentum (1Y) | NC | +60.5% vs NRP's +17.8% |
| Efficiency (ROA) | NRP | 12.6% ROA vs NC's 3.3%, ROIC 16.1% vs -6.4% |
NC vs NRP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2025
NC vs NRP — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLNRPLAGGINGNC
NCNACCO Industries, Inc.
1leads
NRPNatural Resource Part…
3leads
6 Total Categories
CATEGORYLEADERvs NCMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
NRP4/6
Valuation MetricsMultiples, price ratios, and targets
NC3/4
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
NRP8/9
Total Returns1Y, 3Y, 5Y total returns with dividends
NRP4/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
NRP leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NC and NRP operate at a comparable scale, with $274M and $185M in trailing revenue. NRP is the more profitable business, keeping 51.6% of every revenue dollar as net income compared to NC's 7.8%. On growth, NC holds the edge at -4.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| RevenueTrailing 12 months | $274M | $185M |
| EBITDAEarnings before interest/tax | $23M | $142M |
| Net IncomeAfter-tax profit | $22M | $95M |
| Free Cash FlowCash after capex | $6M | $164M |
| Gross MarginGross profit ÷ Revenue | +15.6% | +69.9% |
| Operating MarginEBIT ÷ Revenue | -0.7% | +67.0% |
| Net MarginNet income ÷ Revenue | +7.8% | +51.6% |
| FCF MarginFCF ÷ Revenue | +2.3% | +89.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -4.3% | -29.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +74.6% | -100.0% |
NRP leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
NC leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
At 11.3x trailing earnings, NRP trades at a 50% valuation discount to NC's 22.4x P/E.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| Market CapShares × price | $393M | $1.5B |
| Enterprise ValueMkt cap + debt − cash | $454M | $1.5B |
| Trailing P/EPrice ÷ TTM EPS | 22.42x | 11.26x |
| Forward P/EPrice ÷ next-FY EPS est. | 1.81x | 23.94x |
| PEG RatioP/E ÷ EPS growth rate | 9.86x | — |
| EV / EBITDAEnterprise value multiple | — | 9.72x |
| Price / SalesMarket cap ÷ Revenue | 1.42x | 7.40x |
| Price / BookPrice ÷ Book value/share | 0.92x | 2.37x |
| Price / FCFMarket cap ÷ FCF | — | 9.03x |
NC leads this category, winning 3 of 4 comparable metrics.
Profitability & Efficiency
NRP leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
NRP delivers a 15.4% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $5 for NC. NRP carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to NC's 0.26x. On the Piotroski fundamental quality scale (0–9), NC scores 6/9 vs NRP's 5/9, reflecting solid financial health.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| ROE (TTM)Return on equity | +5.0% | +15.4% |
| ROA (TTM)Return on assets | +3.3% | +12.6% |
| ROICReturn on invested capital | -6.4% | +16.1% |
| ROCEReturn on capital employed | -6.9% | +19.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.26x | 0.05x |
| Net DebtTotal debt minus cash | $62M | $3M |
| Cash & Equiv.Liquid assets | $50M | $30M |
| Total DebtShort + long-term debt | $111M | $33M |
| Interest CoverageEBIT ÷ Interest expense | -8.34x | 23.35x |
NRP leads this category, winning 8 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
NRP leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NRP five years ago would be worth $73,134 today (with dividends reinvested), compared to $23,099 for NC. Over the past 12 months, NC leads with a +60.5% total return vs NRP's +17.8%. The 3-year compound annual growth rate (CAGR) favors NRP at 36.3% vs NC's 20.5% — a key indicator of consistent wealth creation.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| YTD ReturnYear-to-date | +10.6% | +9.5% |
| 1-Year ReturnPast 12 months | +60.5% | +17.8% |
| 3-Year ReturnCumulative with dividends | +75.1% | +153.3% |
| 5-Year ReturnCumulative with dividends | +131.0% | +631.3% |
| 10-Year ReturnCumulative with dividends | +370.1% | +971.6% |
| CAGR (3Y)Annualised 3-year return | +20.5% | +36.3% |
NRP leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
Evenly matched — NC and NRP each lead in 1 of 2 comparable metrics.
Risk & Volatility
NRP is the less volatile stock with a 0.01 beta — it tends to amplify market swings less than NC's 0.95 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.95x | 0.01x |
| 52-Week HighHighest price in past year | $59.42 | $128.60 |
| 52-Week LowLowest price in past year | $32.80 | $91.79 |
| % of 52W HighCurrent price vs 52-week peak | +88.7% | +87.9% |
| RSI (14)Momentum oscillator 0–100 | 55.0 | 39.9 |
| Avg Volume (50D)Average daily shares traded | 12K | 33K |
Evenly matched — NC and NRP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — NC and NRP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates NC as "Buy" and NRP as "Hold". For income investors, NRP offers the higher dividend yield at 3.76% vs NC's 1.86%.
| Metric | NCNACCO Industries,… | NRPNatural Resource … |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | 2 | 10 |
| Dividend YieldAnnual dividend ÷ price | +1.9% | +3.8% |
| Dividend StreakConsecutive years of raises | 7 | 0 |
| Dividend / ShareAnnual DPS | $0.98 | $4.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.6% | 0.0% |
Evenly matched — NC and NRP each lead in 1 of 2 comparable metrics.
Key Takeaway
NRP leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NC leads in 1 (Valuation Metrics). 2 tied.
Best OverallNatural Resource Partners L… (NRP)Leads 3 of 6 categories
Loading custom metrics...
NC vs NRP: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NC or NRP a better buy right now?
For growth investors, NACCO Industries, Inc.
(NC) is the stronger pick with 16. 6% revenue growth year-over-year, versus -17. 4% for Natural Resource Partners L. P. (NRP). Natural Resource Partners L. P. (NRP) offers the better valuation at 11. 3x trailing P/E (23. 9x forward), making it the more compelling value choice. Analysts rate NACCO Industries, Inc. (NC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NC or NRP?
On trailing P/E, Natural Resource Partners L.
P. (NRP) is the cheapest at 11. 3x versus NACCO Industries, Inc. at 22. 4x. On forward P/E, NACCO Industries, Inc. is actually cheaper at 1. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — NC or NRP?
Over the past 5 years, Natural Resource Partners L.
P. (NRP) delivered a total return of +631. 3%, compared to +131. 0% for NACCO Industries, Inc. (NC). Over 10 years, the gap is even starker: NRP returned +971. 6% versus NC's +370. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NC or NRP?
By beta (market sensitivity over 5 years), Natural Resource Partners L.
P. (NRP) is the lower-risk stock at 0. 01β versus NACCO Industries, Inc. 's 0. 95β — meaning NC is approximately 10222% more volatile than NRP relative to the S&P 500. On balance sheet safety, Natural Resource Partners L. P. (NRP) carries a lower debt/equity ratio of 5% versus 26% for NACCO Industries, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NC or NRP?
By revenue growth (latest reported year), NACCO Industries, Inc.
(NC) is pulling ahead at 16. 6% versus -17. 4% for Natural Resource Partners L. P. (NRP). On earnings-per-share growth, the picture is similar: Natural Resource Partners L. P. grew EPS -11. 5% year-over-year, compared to -48. 4% for NACCO Industries, Inc.. Over a 3-year CAGR, NC leads at 4. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NC or NRP?
Natural Resource Partners L.
P. (NRP) is the more profitable company, earning 66. 0% net margin versus 6. 3% for NACCO Industries, Inc. — meaning it keeps 66. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NRP leads at 68. 9% versus -14. 5% for NC. At the gross margin level — before operating expenses — NRP leads at 81. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NC or NRP more undervalued right now?
On forward earnings alone, NACCO Industries, Inc.
(NC) trades at 1. 8x forward P/E versus 23. 9x for Natural Resource Partners L. P. — 22. 1x cheaper on a one-year earnings basis.
08Which pays a better dividend — NC or NRP?
All stocks in this comparison pay dividends.
Natural Resource Partners L. P. (NRP) offers the highest yield at 3. 8%, versus 1. 9% for NACCO Industries, Inc. (NC).
09Is NC or NRP better for a retirement portfolio?
For long-horizon retirement investors, Natural Resource Partners L.
P. (NRP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 01), 3. 8% yield, +971. 6% 10Y return). Both have compounded well over 10 years (NRP: +971. 6%, NC: +370. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NC and NRP?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NC is a small-cap high-growth stock; NRP is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(NC: -4.3% · NRP: -29.3%)Net Margin>
%
(NC: 7.8% · NRP: 51.6%)P/E Ratio<
x
(NC: 22.4x · NRP: 11.3x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.