WallStSmart

Alliance Resource Partners LP (ARLP)vsNatural Resource Partners LP (NRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Alliance Resource Partners LP generates 1020% more annual revenue ($2.17B vs $193.84M). NRP leads profitability with a 58.5% profit margin vs 11.4%. ARLP appears more attractively valued with a PEG of 0.55. ARLP earns a higher WallStSmart Score of 53/100 (C-).

ARLP

Buy

53

out of 100

Grade: C-

Growth: 2.0Profit: 6.0Value: 8.7Quality: 5.8
Piotroski: 3/9

NRP

Hold

50

out of 100

Grade: D+

Growth: 2.0Profit: 9.0Value: 5.0Quality: 6.8
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARLPUndervalued (+44.5%)

Margin of Safety

+44.5%

Fair Value

$45.92

Current Price

$25.62

$20.30 discount

UndervaluedFair: $45.92Overvalued

Intrinsic value data unavailable for NRP.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARLP4 strengths · Avg: 8.3/10
Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.558/10

Growing faster than its price suggests

P/E RatioValuation
13.2x8/10

Attractively priced relative to earnings

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

NRP5 strengths · Avg: 9.2/10
Profit MarginProfitability
58.5%10/10

Keeps 59 of every $100 in revenue as profit

Operating MarginProfitability
60.2%10/10

Strong operational efficiency at 60.2%

Debt/EquityHealth
0.1010/10

Conservative balance sheet, low leverage

P/E RatioValuation
12.2x8/10

Attractively priced relative to earnings

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

ARLP3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-4.5%2/10

Revenue declined 4.5%

EPS GrowthGrowth
-88.5%2/10

Earnings declined 88.5%

NRP4 concerns · Avg: 2.5/10
Market CapQuality
$1.38B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
8.292/10

Expensive relative to growth rate

Revenue GrowthGrowth
-15.3%2/10

Revenue declined 15.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : ARLP

The strongest argument for ARLP centers on Debt/Equity, PEG Ratio, P/E Ratio. PEG of 0.55 suggests the stock is reasonably priced for its growth.

Bull Case : NRP

The strongest argument for NRP centers on Profit Margin, Operating Margin, Debt/Equity. Profitability is solid with margins at 58.5% and operating margin at 60.2%.

Bear Case : ARLP

The primary concerns for ARLP are Piotroski F-Score, Revenue Growth, EPS Growth.

Bear Case : NRP

The primary concerns for NRP are Market Cap, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

ARLP carries more volatility with a beta of 0.19 — expect wider price swings.

ARLP is growing revenue faster at -4.5% — sustainability is the question.

NRP generates stronger free cash flow (33M), providing more financial flexibility.

Monitor THERMAL COAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ARLP scores higher overall (53/100 vs 50/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alliance Resource Partners LP

ENERGY · THERMAL COAL · USA

Alliance Resource Partners, LP, a diversified natural resources company, produces and markets coal primarily for industrial and utility users in the United States. The company is headquartered in Tulsa, Oklahoma.

Natural Resource Partners LP

ENERGY · THERMAL COAL · USA

Natural Resource Partners LP, owns, manages and leases a portfolio of mineral properties in the United States. The company is headquartered in Houston, Texas.

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