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New Hope Corporation Limited

NHC.AXEnergyASX

Thermal Coal · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.75B
-0.8% YoY
Net Income
$439.4M
-7.7% YoY
EBITDA
$1.01B
+15.5% YoY
Free Cash Flow
$44.3M

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About New Hope Corporation Limited

New Hope Corporation Limited engages in the development and operation of coal mines. The company carries a $4.93B market cap, placing it firmly in the mid-cap category. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other.

Key stats
Market Cap$4.93B
P/E (TTM)32.44
Fwd P/E12.76
EPS$0.18
Beta-0.50
52W Change+58.3%
Dividend Yield3.42%
ROE5.8%
Analysis

New Hope Corporation Limited holds $616.8M in cash against $382.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Annual free cash flow of $44.3M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 5.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.1% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $2.54B (2022) to $1.75B (2025), a 31% decline worth watching.

With a beta below 0.7, New Hope Corporation Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NHC.AX.

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