
Sector: Coal mining
AU_NHC
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/NHC.AX
Monetary columns are in M AUD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM AUD | Operating profitM AUD | D&AM AUD | EBITDAM AUD | Net profitM AUD | Operating CFM AUD | Capex + M&AM AUD | AssetsM AUD | EquityM AUD | ROE (annualized) | Net debtM AUD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-31 | H1 2026 (6M) | OK | 814.4 y/y -20.1% | 109.2 y/y -76.1% | 115.6 y/y 336.6% | 224.8 y/y -53.5% | 54.3 y/y -84.0% | 185.0 | -96.3 | 3494.3 y/y -1.2% | 2599.9 y/y -2.1% | 4.2% | -51.4 | Link |
| 2025-07-31 | H2 2025 (6M) | OK | 731.3 y/y -19.5% | -87.4 y/y -162.8% | 353.1 y/y 287.7% | 265.7 y/y 15.3% | 99.1 y/y -55.8% | 253.9 | -176.6 | 3538.8 y/y 2.0% | 2627.7 y/y 3.3% | 16.6% | -52.3 | — |
| 2025-01-31 | H1 2025 (6M) | OK | 1019.4 y/y 19.0% | 456.6 y/y 24.0% | 26.5 y/y -65.6% | 483.1 y/y 8.5% | 340.3 y/y 35.2% | 316.9 | -134.6 | 3537.0 y/y 15.8% | 2656.0 y/y 6.2% | 26.2% | -151.5 | Link |
| 2024-07-31 | H2 2024 (6M) | OK | 908.8 y/y -18.8% | 139.3 y/y -64.9% | 91.1 y/y 24.2% | 230.4 y/y -51.0% | 224.2 y/y -46.5% | 431.4 | -123.4 | 3468.6 y/y 6.9% | 2543.2 y/y 0.9% | 18.9% | -368.7 | — |
| 2024-01-31 | H1 2024 (6M) | OK | 856.6 y/y -45.9% | 368.4 y/y -62.9% | 77.0 y/y 12.8% | 445.4 y/y -58.0% | 251.7 y/y -62.4% | 130.6 | -148.9 | 3053.5 y/y -9.3% | 2501.7 y/y 0.2% | 20.0% | ≈ -718.7 | Link |
| 2023-07-31 | H2 2023 (6M) | OK | 1118.8 y/y — | 396.8 y/y — | 73.3 y/y — | 470.1 y/y — | 418.8 y/y — | 541.3 | -119.9 | 3243.3 y/y — | 2521.4 y/y — | 43.3% | -718.7 | — |
| 2023-01-31 | H1 2023 (6M) | OK | 1581.9 y/y — | 992.8 y/y — | 68.3 y/y — | 1061.1 y/y — | 668.6 y/y — | 983.5 | -67.1 | 3365.1 y/y — | 2496.0 y/y — | — | -902.7 | Link |
Quarterly values (AUD mln)
Year-over-year change
FCF (AUD mln)
Net debt / cash (AUD mln)
| year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| cash flow / profit | 1.16x | 1.40x | 1.18x | 1.30x |
| accruals, % of assets | -4.5% | -13.5% | -2.5% | -3.7% |
Current 135spot vs LTM +14%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: -62.3%
Main driver: Steam coal AU +25% vs LTM; revenue ×1.14 vs costs ×1.04; EBITDA 491→628; at 2.8× EV/EBITDA → -62%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | vs LTM, AUD | 3y vs LTM |
|---|---|---|---|---|---|---|---|
| Steam coal AU (rev) | +90% | 135.18 | 107.84 | 129.87 | +25% | +15% | +20% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 1 546 |
| LTM EBITDA | 491 |
| LTM cash costs (revenue − EBITDA) | 1 055 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×1.136 (+14%) |
| = Spot revenue | 1 756 |
| Revenue multiplier — 3y price | ×1.096 (+10%) |
| = 3-year-price revenue | 1 694 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 1 097 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 1 097 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 659 |
| = 3-year-price EBITDA | 596 |
| Conservative EBITDA = min(spot, avg) | 628 |
| 5 · Valuation → target market cap | |
| Historical EV/EBITDA (75th pct) | 2.8x |
| Target EV = EV/EBITDA × conservative EBITDA | 1 731 |
| Net debt | -51 |
| Target market cap = EV − net debt | 1 782 |
| Current market cap | 4 728 |
Upside = target market cap ÷ current − 1 = -62.3%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2023 FY | 2 701 | 2 689 | +0.5% | 1 696 | 1 673 | +1.4% |
| 2024 FY | 1 765 | 1 506 | +17.2% | 676 | 462 | +46.3% |
| 2025 FY | 1 751 | 1 572 | +11.4% | 749 | 439 | +70.7% |
Projected EV/EBITDA 6.9x · target 75th pct (3y) 6.7x · LTM avg 5.6x
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-03-30 | 0.1 AUD | Ex-dividend: 0.1 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2025-09-22 | 0.15 AUD | Ex-dividend: 0.15 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2025-03-23 | 0.19 AUD | Ex-dividend: 0.19 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2024-10-03 | 0.22 AUD | Ex-dividend: 0.22 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2024-04-15 | 0.17 AUD | Ex-dividend: 0.17 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2023-10-22 | 0.3 AUD | Ex-dividend: 0.3 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2023-04-17 | 0.4 AUD | Ex-dividend: 0.4 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2022-10-23 | 0.56 AUD | Ex-dividend: 0.56 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2022-04-14 | 0.3 AUD | Ex-dividend: 0.3 AUD per share | Paid | Yahoo Finance (ex-div) |
| 2021-10-24 | 0.07 AUD | Ex-dividend: 0.07 AUD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of New Hope (NHC) — from primary filings.
New Hope Corporation Limited operates coal mines in Queensland and New South Wales, Australia, and is involved in port handling, logistics, and oil and gas development.
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