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Natural Resources Partners LPNRP +2.18%62 Earnings Yield (Joel Greenblatt) % is 8.70% as of Jun. 2026, which is 31% below its 10-year median of 12.58. GuruFocus rates NRP with a GF Score™ of 62/100 and a GF Value™ of $84.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 186 Other Energy Sources companies, Natural Resources Partners LP ranks better than 72.58% on this metric.
Natural Resources Partners LP's Enterprise Value for the quarter that ended in Jun. 2026 was $1,282.5 Mil.
Natural Resources Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $111.7 Mil. Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.70%.
The historical rank and industry rank for Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NRP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.17 Med: 12.58 Max: 31.04
Current: 7.49
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Natural Resources Partners LP was 31.04%. The lowest was -34.17%. And the median was 12.58%.
NRP's Earnings Yield (Joel Greenblatt) % is ranked better than 72.58% of 186
companies
in the Other Energy Sources industry
Industry Median: 0.705
vs NRP: 7.49
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Natural Resources Partners LP's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 19.09%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* 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, Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
Natural Resources Partners LP Earnings Yield (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Natural Resources Partners LPs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Natural Resources Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $111.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.70% mean?
Natural Resources Partners LP (NRP) has a Earnings Yield (Joel Greenblatt) % of 8.70% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Natural Resources Partners LP and its competitors. This is 31% below median its historical median of 12.58. According to the industry distribution chart, Natural Resources Partners LP ranks #51 out of 186 companies in the Other Energy Sources industry, placing it in the top 27.4%.
Is Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) % too high?
Natural Resources Partners LP's current Earnings Yield (Joel Greenblatt) % of 8.70% is 31% below median its 10-year median of 12.58. The Other Energy Sources industry median Earnings Yield (Joel Greenblatt) % is 0.71. Natural Resources Partners LP's value of 8.70% is 1134% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #51 out of 186 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Natural Resources Partners LP has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Earnings Yield (Joel Greenblatt) % compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #51 out of 186 companies for Earnings Yield (Joel Greenblatt) %. This puts Natural Resources Partners LP in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.71. Natural Resources Partners LP's value of 8.70% is 1134% above this benchmark. While the company's 10-year median is 12.58 vs. the industry median of 0.71, Natural Resources Partners LP 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 Earnings Yield (Joel Greenblatt) % for an Other Energy Sources company?
The median Earnings Yield (Joel Greenblatt) % among Other Energy Sources companies is 0.71, based on 186 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Earnings Yield (Joel Greenblatt) % of 8.70% is 1134% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Earnings Yield (Joel Greenblatt) % is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Earnings Yield (Joel Greenblatt) % is 8.70%, which is 31% below median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Resources Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Natural Resources Partners LP (NRP) is currently considered Significantly Overvalued. The stock's GF Value™ is $84.78, compared to a current price of $112.72 — trading 33% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.70%, which is 31% below median its 10-year median of 12.58 and 1134% above the Other Energy Sources industry median of 0.71. Natural Resources Partners LP's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Earnings Yield (Joel Greenblatt) % is 8.70% as of Jun. 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 Natural Resources Partners LP (NRP) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Resources Partners LP stock appears to be overvalued.
The current stock price of $112.72 is trading 33% above its estimated GF Value™ of $84.78.
GuruFocus considers Natural Resources Partners LP to be Significantly Overvalued.
Key valuation signals for NRP:
Earnings Yield (Joel Greenblatt) %: 8.70% (31% below median its 10-year median of 12.58)
GF Value™: $84.78 vs. price of $112.72 (33% above fair value)
Industry Position: 1134% above the Other Energy Sources median (#51 of 186)
No single metric tells the full story. See the NRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. The majority of the revenue is generated from the Mineral Rights segment. Geographically, the company's business activity of the group functions through the United States.
62GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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