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NACCO IndustriesNC 66 Debt-to-EBITDA is 2.88 as of Mar. 2026, which is 203% above its 10-year median of 0.95. GuruFocus rates NC with a GF Score™ of 66/100 and a GF Value™ of $40.49 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 93 Other Energy Sources companies, NACCO Industries ranks worse than 68.82% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for NACCO Industries's Debt-to-EBITDA or its related term are showing as below:
NC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.39 Med: 0.95 Max: 9
Current: 5.53
During the past 13 years, the highest Debt-to-EBITDA Ratio of NACCO Industries was 9.00. The lowest was -1.39. And the median was 0.95.
NC's Debt-to-EBITDA is ranked worse than 68.82% of 93
companies
in the Other Energy Sources industry
Industry Median: 2.2
vs NC: 5.53
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
NACCO Industries Debt-to-EBITDA Related Terms
NACCO Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for NACCO Industries's Debt-to-EBITDA 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.
For the Thermal Coal subindustry, NACCO Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NACCO Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NACCO Industries's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
NACCO Industries (NC) has a Debt-to-EBITDA of 2.88 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NACCO Industries. This is 203% above median its historical median of 0.95. According to the industry distribution chart, NACCO Industries ranks #64 out of 93 companies in the Other Energy Sources industry, placing it in the top 68.8%.
Is NACCO Industries' Debt-to-EBITDA too high?
NACCO Industries' current Debt-to-EBITDA of 2.88 is 203% above median its 10-year median of 0.95. The Other Energy Sources industry median Debt-to-EBITDA is 2.20. NACCO Industries' value of 2.88 is 30.9% above this industry median. Based on the distribution chart, NACCO Industries ranks #64 out of 93 companies in the Other Energy Sources industry, which is below the industry midpoint. 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' Debt-to-EBITDA compare to NRP and CNR?
According to the Other Energy Sources industry distribution chart, NACCO Industries ranks #64 out of 93 companies for Debt-to-EBITDA. This places NACCO Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.20. NACCO Industries' value of 2.88 is 30.9% above this benchmark. While the company's 10-year median is 0.95 vs. the industry median of 2.20, NACCO Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.20, based on 93 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NACCO Industries's current Debt-to-EBITDA of 2.88 is 30.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NACCO Industries. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NACCO Industries's current Debt-to-EBITDA is 2.88, which is 203% above median its own 10-year median of 0.95. 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 $40.49, compared to a current price of $48.11 — trading 18.8% above its estimated fair value. The current Debt-to-EBITDA is 2.88, which is 203% above median its 10-year median of 0.95 and 30.9% above the Other Energy Sources industry median of 2.20. 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For NACCO Industries (NC), the current Debt-to-EBITDA is 2.88 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 $48.11 is trading 18.8% above its estimated GF Value™ of $40.49.
GuruFocus considers NACCO Industries to be Modestly Overvalued.
Key valuation signals for NC:
Debt-to-EBITDA: 2.88 (203% above median its 10-year median of 0.95)
GF Value™: $40.49 vs. price of $48.11 (18.8% above fair value)
Industry Position: 30.9% above the Other Energy Sources median (#64 of 93)
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 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
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