NC (NACCO Industries) Cyclically Adjusted Revenue per Share: $32.22 (As of Mar. 2026)

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NC NACCO Industries Inc NC
66 GF Score
Price $47.40
GF Value $40.45
Valuation Modestly Overvalued
! 6 Warning Signs
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What is NACCO Industries Cyclically Adjusted Revenue per Share?

NACCO Industries NC +0.47% 66 Cyclically Adjusted Revenue per Share is $32.22 as of Mar. 2026. GuruFocus rates NC with a GF Score™ of 66/100 and a GF Value™ of $40.45 (Modestly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

NACCO Industries's adjusted revenue per share for the three months ended in Mar. 2026 was $8.312. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $32.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NACCO Industries's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -14.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -16.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -19.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of NACCO Industries was 11.50% per year. The lowest was -24.50% per year. And the median was -4.60% per year.

As of today (2026-08-02), NACCO Industries's current stock price is $47.40. NACCO Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $32.22. NACCO Industries's Cyclically Adjusted PS Ratio of today is 1.47.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NACCO Industries was 2.17. The lowest was 0.06. And the median was 0.50.


NACCO Industries  (NYSE:NC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

NACCO Industries's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=47.40/32.22
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of NACCO Industries was 2.17. The lowest was 0.06. And the median was 0.50.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


NACCO Industries Cyclically Adjusted Revenue per Share Related Terms


NACCO Industries Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for NACCO Industries's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NACCO Industries Cyclically Adjusted Revenue per Share Chart

NACCO Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.28 54.08 43.62 32.25 34.23

NACCO Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.92 27.33 23.84 34.23 32.22

NC vs NRP, CNR: Cyclically Adjusted Revenue per Share Comparison

For the Thermal Coal subindustry, NACCO Industries's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NACCO Industries Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NACCO Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where NACCO Industries's Cyclically Adjusted PS Ratio falls into.


NC
66GF Score
NACCO Industries Inc NC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NACCO Industries Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, NACCO Industries's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.312/330.2130*330.2130
=8.312

Current CPI (Mar. 2026) = 330.2130.

NACCO Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 25.896 241.018 35.479
201609 4.775 241.428 6.531
201612 3.698 241.432 5.058
201703 4.136 243.801 5.602
201706 4.102 244.955 5.530
201709 3.196 246.819 4.276
201712 3.815 246.524 5.110
201803 4.496 249.554 5.949
201806 4.853 251.989 6.359
201809 4.530 252.439 5.926
201812 5.561 251.233 7.309
201903 5.730 254.202 7.443
201906 5.919 256.143 7.631
201909 4.664 256.759 5.998
201912 3.820 256.974 4.909
202003 5.347 258.115 6.841
202006 5.033 257.797 6.447
202009 4.590 260.280 5.823
202012 3.248 260.474 4.118
202103 6.315 264.877 7.873
202106 6.416 271.696 7.798
202109 7.221 274.310 8.693
202112 6.726 278.802 7.966
202203 7.516 287.504 8.633
202206 8.372 296.311 9.330
202209 8.422 296.808 9.370
202212 8.466 296.797 9.419
202303 6.672 301.836 7.299
202306 8.166 305.109 8.838
202309 6.192 307.789 6.643
202312 7.596 306.746 8.177
202403 7.091 312.332 7.497
202406 7.079 314.175 7.440
202409 8.432 315.301 8.831
202412 9.441 315.605 9.878
202503 8.805 319.799 9.092
202506 9.165 322.561 9.382
202509 10.278 324.800 10.449
202512 8.813 324.054 8.981
202603 8.312 330.213 8.312

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $32.22 mean?
NACCO Industries (NC) has a Cyclically Adjusted Revenue per Share of $32.22 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NACCO Industries and its competitors.
Is NACCO Industries' Cyclically Adjusted Revenue per Share too high?
NACCO Industries' current Cyclically Adjusted Revenue per Share is $32.22. Overall, NACCO Industries has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NACCO Industries' Cyclically Adjusted Revenue per Share compare to NRP and CNR?
NACCO Industries' Cyclically Adjusted Revenue per Share of $32.22 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Other Energy Sources company?
A good Cyclically Adjusted Revenue per Share depends on the Other Energy Sources industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on NACCO Industries and its competitors. NACCO Industries's current Cyclically Adjusted Revenue per Share is $32.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NACCO Industries stock overvalued right now?
Based on GuruFocus' analysis, NACCO Industries (NC) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.45, compared to a current price of $47.40 — trading 17.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $32.22. NACCO Industries' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For NACCO Industries (NC), the current Cyclically Adjusted Revenue per Share is $32.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NACCO Industries (NC) Overvalued in 2026?

Based on GuruFocus' analysis, NACCO Industries stock appears to be overvalued. The current stock price of $47.40 is trading 17.2% above its estimated GF Value™ of $40.45. GuruFocus considers NACCO Industries to be Modestly Overvalued.

Key valuation signals for NC:

  • Cyclically Adjusted Revenue per Share: $32.22
  • GF Value™: $40.45 vs. price of $47.40 (17.2% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the NC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NACCO Industries Business Description

Address 22901 Millcreek Boulevard, Suite 600, Cleveland, OH, USA, 44122
NACCO Industries Inc is a holding company that operates in the mining and natural resource industries. It has three operating segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The Utility Coal Mining segment, operated by North American Coal, manages surface coal mines that are exclusive, long-term fuel providers for power generation companies. The Contract Mining segment, operated by North American Mining, is a provider of a broad range of specialized, long-term contract mining services. The Minerals and Royalties segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral and royalty interests and other related investments.
66GF Score

Get the complete analysis for NC

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.40
Price
$40.45
GF Value