NC
SinkerNACCO Industries, Inc. · Energy · United States · $260M cap · $850K/day traded
$33.99 +2.1% · close 6 Nov · scored 7 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 7 Nov 2026, the MoatMap Score for NACCO Industries, Inc. (NC) is 20/100, ranked against 25,000+ stocks in 38 markets (Quality 38, Value 45, Momentum 19, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT NACCO INDUSTRIES, INC.
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NACCO Industries, Inc. is a holding company that operates in the natural resources sector, primarily focusing on coal mining, mitigation banking, and oil and gas royalty management. The company's competitive advantage lies in its long-term, cost-plus contracts with utility customers, which insulate its coal operations from commodity price volatility. NACCO operates as a diversified, niche natural resources provider in the United States.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 241.7M | 214.8M | 237.7M | 277.2M | 4.7% | 282.4M |
| EPS | 10.14 | -5.29 | 4.58 | 2.37 | -38.4% | 1.97 |
| Shares | 7.3M | 7.4M | 7.3M | 7.4M | +1.1% | 6.0M |
| Debt | 27.2M | 44.7M | 108.6M | 108.8M | 58.8% | 131.7M |
| Equity | 427.0M | 382.3M | 404.9M | 429.2M | 0.2% | — |
| Op CF | 67.7M | 54.5M | 22.3M | 50.9M | -9.1% | 40.6M |
| Inv CF | -33.2M | -81.6M | -71.3M | -64.2M | — | — |
| Fin CF | -9.8M | 1.5M | 36.7M | -9.9M | — | — |
No new 52-week low for 2 weeks, 5% above that low, but not back above a rising 50-day average.
Calmer than 55% of stocks we rank over the past year (volatility 39% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of NC are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| NC | NACCO Industries, Inc.(you) | $260M | 20 |
| BTU | Peabody Energy Corporation | $2.8B | 18 |
| CNR | Core Natural Resources, Inc. | $4.6B | 31 |
| NRP | Natural Resource Partners L.P. | $1.3B | 80 |
| CLNE | Clean Energy Fuels Corp. | $322M | 14 |
| CLB | Core Laboratories Inc. | $455M | 21 |
| NGS | Natural Gas Services Group, Inc. | $399M | 23 |
| HMH | HMH Holding Inc. | $217M | 35 |
| REI | Ring Energy, Inc. | $373M | 33 |
| SMC | Summit Midstream Corporation | $430M | 30 |
Peer medians: ROE 10.2% · P/E 13.9x · Gross margin 45.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.