NC (NACCO Industries) EBIT: $23.5 Mil (TTM 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 EBIT?

NACCO Industries NC +0.47% 66 EBIT is $23.5 Mil 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.

NACCO Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $11.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $23.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NACCO Industries's annualized ROC % for the quarter that ended in Mar. 2026 was -3.70%. NACCO Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NACCO Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.36%.

NACCO Industries  (NYSE:NC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NACCO Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-24.2 * ( 1 - 10.08% )/( (574.919 + 602.189)/ 2 )
=-21.76064/588.554
=-3.70 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=661.228 - 36.601 - ( 49.708 - max(0, 69.615 - 214.892+49.708))
=574.919

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=685.656 - 30.306 - ( 53.161 - max(0, 61.474 - 203.157+53.161))
=602.189

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

NACCO Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=45.94/( ( (297.141 + max(104.649, 0)) + (318.91 + max(97.481, 0)) )/ 2 )
=45.94/( ( 401.79 + 416.391 )/ 2 )
=45.94/409.0905
=11.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.827 + 63.648 + 51.709) - (36.601 + 0 + 23.934)
=104.649

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.693 + 58.799 + 51.504) - (30.306 + 0 + 22.209)
=97.481

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NACCO Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=23.482/438.118
=5.36 %

* 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 EBIT Related Terms

NACCO Industries EBIT Historical Data

* Premium members only.

The historical data trend for NACCO Industries's EBIT 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 EBIT Chart

NACCO Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.57 89.76 -61.70 39.21 18.90

NACCO Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 6.90 3.94 7.04 1.02 11.49

NC vs NRP, CNR: EBIT Comparison

For the Thermal Coal subindustry, NACCO Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NACCO Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NACCO Industries's EV-to-EBIT falls into.


NC
66GF Score
NACCO Industries Inc NC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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NACCO Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.5 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $23.5 Mil mean?
NACCO Industries (NC) has a EBIT of $23.5 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NACCO Industries.
Is NACCO Industries' EBIT too high?
NACCO Industries' current EBIT is $23.5 Mil. 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' EBIT compare to NRP and CNR?
NACCO Industries' EBIT of $23.5 Mil 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 EBIT for an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NACCO Industries. NACCO Industries's current EBIT is $23.5 Mil. 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 EBIT is $23.5 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For NACCO Industries (NC), the current EBIT is $23.5 Mil 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:

  • EBIT: $23.5 Mil
  • 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

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.40
Price
$40.45
GF Value