NACCO Industries P/E 2024

NACCO Industries P/E

-5.77

NACCO Industries Dividend yield

2.68 %

Ticker

NC

ISIN

US6295791031

WKN

871882

As of May 19, 2024, NACCO Industries's P/E ratio was -5.77, a -199.65% change from the 5.79 P/E ratio recorded in the previous year.

The NACCO Industries P/E history

NACCO Industries Aktienanalyse

What does NACCO Industries do?

NACCO Industries Inc is an American company that was founded in 1913 and is headquartered in Mayfield Heights, Ohio. The company is active in various industries and specializes in the production and sale of products and services related to energy, materials, and heavy industry. Throughout its history, NACCO Industries Inc has gone through different phases and served different business fields. Originally started as a supplier to the coal industry, the company specialized in the production of forklifts and other material handling technologies in the 1960s and 1970s. Over time, however, NACCO Industries Inc diversified again and now serves various industries. The business model of NACCO Industries Inc is based on its various divisions. An important role is played by the "NACCO Materials Handling Group" (NMHG) segment, which is considered one of the world's leading manufacturers of forklifts and other material handling technologies through its subsidiary Hyster-Yale Materials Handling, Inc. (HYMH) and the Yale brand. Another important area of NACCO Industries Inc is the "North American Coal Corporation" (NACoal) segment, which specializes in the production and sale of coal, as well as the extraction of surface and underground minerals. NACoal is the largest producer of surface coal in the United States and operates several mines and other extraction sites in various states. Other segments of NACCO Industries Inc include "North American Mining" (NAM), which offers mining services, and "NACCO Materials Handling Group Europe" (NMHG Europe), which operates in Europe and Asia and also produces forklifts and other material handling technologies. The products offered by NACCO Industries Inc include not only forklifts and other material handling technologies, but also coal, minerals, and mining services. The company places great emphasis on sustainability and environmental protection, as evidenced by the use of renewable energy sources and the utilization of efficient technologies. Overall, NACCO Industries Inc employs approximately 17,000 people worldwide and generated revenues of approximately $2.2 billion in 2020. The company is listed on the New York Stock Exchange and is one of the largest companies in its industry in the United States. In summary, NACCO Industries Inc is a diversified company that is active in various industries and specializes in the production and sale of products and services related to energy, materials, and heavy industry. The company places great emphasis on sustainability and environmental protection and is able to offer its customers a wide range of high-quality products and services. NACCO Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering NACCO Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of NACCO Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing NACCO Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of NACCO Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in NACCO Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about NACCO Industries Stock

What is the price-to-earnings ratio of NACCO Industries?

The price-earnings ratio of NACCO Industries is currently -5.77.

How has the price-earnings ratio of NACCO Industries changed compared to last year?

The price-to-earnings ratio of NACCO Industries has increased by -199.65% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of NACCO Industries high compared to other companies?

Yes, the price-to-earnings ratio of NACCO Industries is high compared to other companies.

How does an increase in the price-earnings ratio of NACCO Industries affect the company?

An increase in the price-earnings ratio of NACCO Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of NACCO Industries affect the company?

A decrease in the price-earnings ratio of NACCO Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of NACCO Industries?

Some factors that influence the price-earnings ratio of NACCO Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does NACCO Industries pay?

Over the past 12 months, NACCO Industries paid a dividend of 0.86 USD . This corresponds to a dividend yield of about 2.68 %. For the coming 12 months, NACCO Industries is expected to pay a dividend of 0.86 USD.

What is the dividend yield of NACCO Industries?

The current dividend yield of NACCO Industries is 2.68 %.

When does NACCO Industries pay dividends?

NACCO Industries pays a quarterly dividend. This is distributed in the months of October, December, April, June.

How secure is the dividend of NACCO Industries?

NACCO Industries paid dividends every year for the past 69 years.

What is the dividend of NACCO Industries?

For the upcoming 12 months, dividends amounting to 0.86 USD are expected. This corresponds to a dividend yield of 2.68 %.

In which sector is NACCO Industries located?

NACCO Industries is assigned to the 'Energy' sector.

Wann musste ich die Aktien von NACCO Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of NACCO Industries from 6/17/2024 amounting to 0.23 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did NACCO Industries pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of NACCO Industries in the year 2023?

In the year 2023, NACCO Industries distributed 0.82 USD as dividends.

In which currency does NACCO Industries pay out the dividend?

The dividends of NACCO Industries are distributed in USD.

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Andere Kennzahlen von NACCO Industries

Our stock analysis for NACCO Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NACCO Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.