WallStSmart

Hallador Energy Company (HNRG)vsNACCO Industries Inc (NC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hallador Energy Company generates 67% more annual revenue ($469.47M vs $280.84M). NC leads profitability with a 10.3% profit margin vs 8.9%. NC appears more attractively valued with a PEG of 0.30. HNRG earns a higher WallStSmart Score of 63/100 (C+).

HNRG

Buy

63

out of 100

Grade: C+

Growth: 6.0Profit: 7.5Value: 10.0Quality: 5.0

NC

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 3.5Value: 7.3Quality: 8.5
Piotroski: 4/9Altman Z: 2.51
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HNRGUndervalued (+54.8%)

Margin of Safety

+54.8%

Fair Value

$44.93

Current Price

$17.63

$27.30 discount

UndervaluedFair: $44.93Overvalued
NCSignificantly Overvalued (-102.3%)

Margin of Safety

-102.3%

Fair Value

$26.59

Current Price

$51.28

$24.69 premium

UndervaluedFair: $26.59Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HNRG2 strengths · Avg: 9.0/10
Return on EquityProfitability
31.7%10/10

Every $100 of equity generates 32 in profit

P/E RatioValuation
16.4x8/10

Attractively priced relative to earnings

NC5 strengths · Avg: 9.0/10
PEG RatioValuation
0.3010/10

Growing faster than its price suggests

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.219/10

Conservative balance sheet, low leverage

P/E RatioValuation
12.9x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
24.3%8/10

Revenue surging 24.3% year-over-year

Areas to Watch

HNRG2 concerns · Avg: 2.5/10
Market CapQuality
$739.21M3/10

Smaller company, higher risk/reward

Free Cash FlowQuality
$-16.78M2/10

Negative free cash flow — burning cash

NC4 concerns · Avg: 2.5/10
Market CapQuality
$376.36M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

EPS GrowthGrowth
-16.8%2/10

Earnings declined 16.8%

Free Cash FlowQuality
$-7.54M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : HNRG

The strongest argument for HNRG centers on Return on Equity, P/E Ratio. PEG of 1.26 suggests the stock is reasonably priced for its growth.

Bull Case : NC

The strongest argument for NC centers on PEG Ratio, Price/Book, Debt/Equity. Revenue growth of 24.3% demonstrates continued momentum. PEG of 0.30 suggests the stock is reasonably priced for its growth.

Bear Case : HNRG

The primary concerns for HNRG are Market Cap, Free Cash Flow.

Bear Case : NC

The primary concerns for NC are Market Cap, Return on Equity, EPS Growth.

Key Dynamics to Monitor

HNRG profiles as a value stock while NC is a growth play — different risk/reward profiles.

NC carries more volatility with a beta of 0.49 — expect wider price swings.

NC is growing revenue faster at 24.3% — sustainability is the question.

NC generates stronger free cash flow (-8M), providing more financial flexibility.

Bottom Line

HNRG scores higher overall (63/100 vs 58/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Hallador Energy Company

ENERGY · THERMAL COAL · USA

Hallador Energy Company is engaged in the production of steam coal in the Illinois Basin for the electric power generation industry. The company is headquartered in Terre Haute, Indiana.

NACCO Industries Inc

ENERGY · THERMAL COAL · USA

NACCO Industries, Inc., is involved in the mining and natural resources businesses. The company is headquartered in Cleveland, Ohio.

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