Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
New HopeASX:NHC -0.77%65 EV-to-OCF is 9.37 as of Aug. 04, 2026, which is 47% above its 10-year median of 6.38. GuruFocus rates ASX:NHC with a GF Score™ of 65/100 and a GF Value™ of A$4.11 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 186 Other Energy Sources companies, New Hope ranks worse than 72.58% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, New Hope's Enterprise Value is A$4,113 Mil.
New Hope's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$439 Mil. Therefore, New Hope's EV-to-OCF for today is 9.37.
The historical rank and industry rank for New Hope's EV-to-OCF or its related term are showing as below:
ASX:NHC'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.22 Med: 6.38 Max: 236.92
Current: 10.22
During the past 13 years, the highest EV-to-OCF of New Hope was 236.92. The lowest was 2.22. And the median was 6.38.
ASX:NHC's EV-to-OCF is ranked worse than 72.58% of 186
companies
in the Other Energy Sources industry
Industry Median: 2.32
vs ASX:NHC: 10.22
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
New Hope's share price for today is A$5.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Hope's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was A$0.181.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
New Hope EV-to-OCF Related Terms
New Hope EV-to-OCF Historical Data
* Premium members only.
The historical data trend for New Hope's EV-to-OCF 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, New Hope's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
New Hope EV-to-OCF vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where New Hope's EV-to-OCF falls into.
New Hope's current Enterprise Value is A$4,113 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New Hope's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$439 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.
New Hope (ASX:NHC) has a EV-to-OCF of 9.37 as of Aug. 04, 2026. This is 47% above median its historical median of 6.38. Over the past decade, New Hope's EV-to-OCF has ranged from 2.22 to 236.92. According to the industry distribution chart, New Hope ranks #135 out of 186 companies in the Other Energy Sources industry, placing it in the top 72.6%.
Is New Hope's EV-to-OCF too high?
New Hope's current EV-to-OCF of 9.37 is 47% above median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 236.92. The Other Energy Sources industry median EV-to-OCF is 2.32. New Hope's value of 9.37 is 303.9% above this industry median. Based on the distribution chart, New Hope ranks #135 out of 186 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, New Hope has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's EV-to-OCF compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #135 out of 186 companies for EV-to-OCF. This places New Hope in the lower half of its industry. The industry median EV-to-OCF is 2.32. New Hope's value of 9.37 is 303.9% above this benchmark. Historically, New Hope's own EV-to-OCF has ranged from 2.22 to 236.92 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 2.32, New Hope 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 EV-to-OCF for an Other Energy Sources company?
The median EV-to-OCF among Other Energy Sources companies is 2.32, based on 186 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Hope's current EV-to-OCF of 9.37 is 303.9% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Other Energy Sources industry, the median EV-to-OCF is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current EV-to-OCF is 9.37, which is 47% above median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.11, compared to a current price of A$5.15 — trading 25.3% above its estimated fair value. The current EV-to-OCF is 9.37, which is 47% above median its 10-year median of 6.38 and 303.9% above the Other Energy Sources industry median of 2.32. New Hope's overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For New Hope (ASX:NHC), the current EV-to-OCF is 9.37 as of Aug. 04, 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.15 is trading 25.3% above its estimated GF Value™ of A$4.11.
GuruFocus considers New Hope to be Modestly Overvalued.
Key valuation signals for ASX:NHC:
EV-to-OCF: 9.37 (47% above median its 10-year median of 6.38)
GF Value™: A$4.11 vs. price of A$5.15 (25.3% above fair value)
Industry Position: 303.9% above the Other Energy Sources median (#135 of 186)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
65GF Score
Get the complete analysis for ASX:NHC
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NHC has been successfully added to your 
