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Cheapest coal stocks by EV/EBITDA (global)

Global thermal and coking coal miners - Indonesia, Australia, South Africa and the US - ranked by lowest EV/EBITDA, with dividend yield. Out of favour, cheap and often high-yielding. Recomputed daily from filings and market quotes. Not investment advice. Updated: 2026-09-23

#CompanyMarketSectorEV/EBITDAP/EDiv yieldMcap, $bn
1Whitehaven Coal WHCAUCoal mining2.6x16.1x1.3%4.4
2Indo Tambangraya Megah ITMGIDCoal mining3.0x8.2x6.9%1.6
3Yancoal Australia YALAUCoal mining3.3x26.0x3.4%5.4
4Bukit Asam PTBAIDCoal mining3.9x6.2x3.8%1.9
5Exxaro Resources EXXZACoal mining4.4x6.2x—2.6
6Adaro Andalan Indonesia AADIIDCoal mining4.7x6.4x8.9%4.8
7Alamtri Resources Indonesia ADROIDCoal mining5.0x6.8x10.1%4.2
8Alliance Resource Partners ARLPCOMMODITIESCoal5.9x12.5x9.3%3.3
9Core Natural Resources CNRCOMMODITIESCoal6.3x47.8x0.4%4.8
10Teck Resources TECKCOMMODITIESCoal8.7x18.6x0.4%33.6
11New Hope NHCAUCoal mining8.8x30.7x6.8%3.5
12NACCO Industries NCCOMMODITIESCoal9.0x15.8x2.8%0.3
13Warrior Met Coal HCCCOMMODITIESCoal10.8x22.1x0.3%4.8
14Hallador Energy HNRGCOMMODITIESCoal11.6x15.8x—0.7
15Peabody Energy BTUCOMMODITIESCoal14.7x—1.1%3.3
16Alpha Metallurgical Resources AMRCOMMODITIESCoal17.9x——2.4
17Bayan Resources BYANIDCoal mining21.0x28.4x2.2%21.8

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