NC (NACCO Industries) Enterprise Value: $438.1 Mil (As of Aug. 01, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NC NACCO Industries Inc NC
66 GF Score
Price $47.40
GF Value $40.45
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is NACCO Industries Enterprise Value?

NACCO Industries NC +0.47% 66 Enterprise Value is $438.1 Mil as of Aug. 01, 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NACCO Industries's Enterprise Value is $438.1 Mil. NACCO Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $23.5 Mil. Therefore, NACCO Industries's EV-to-EBIT ratio for today is 18.66.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NACCO Industries's Enterprise Value is $438.1 Mil. NACCO Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $24.2 Mil. Therefore, NACCO Industries's EV-to-EBITDA ratio for today is 18.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NACCO Industries's Enterprise Value is $438.1 Mil. NACCO Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $274.4 Mil. Therefore, NACCO Industries's EV-to-Revenue ratio for today is 1.60.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, NACCO Industries's Enterprise Value is $438.1 Mil. NACCO Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $58.3 Mil. Therefore, NACCO Industries's EV-to-OCF ratio for today is 7.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NACCO Industries's Enterprise Value is $438.1 Mil. NACCO Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.0 Mil. Therefore, NACCO Industries's EV-to-FCF ratio for today is -29.23.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


NACCO Industries  (NYSE:NC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

NACCO Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=438.117/23.482
=18.66

NACCO Industries's current Enterprise Value is $438.1 Mil.
NACCO Industries's 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

NACCO Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=438.117/24.221
=18.09

NACCO Industries's current Enterprise Value is $438.1 Mil.
NACCO Industries's EBITDA 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 $24.2 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

NACCO Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=438.117/274.402
=1.60

NACCO Industries's current Enterprise Value is $438.1 Mil.
NACCO Industries's Revenue 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 $274.4 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

NACCO Industries's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=438.117/58.26
=7.52

NACCO Industries's current Enterprise Value is $438.1 Mil.
NACCO Industries's Cash Flow from Operations 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 $58.3 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

NACCO Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=438.117/-14.987
=-29.23

NACCO Industries's current Enterprise Value is $438.1 Mil.
NACCO Industries's Free Cash Flow 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 $-15.0 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.


NACCO Industries Enterprise Value Related Terms


NACCO Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for NACCO Industries's Enterprise Value 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 Enterprise Value Chart

NACCO Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.11 195.71 231.52 253.29 423.36

NACCO Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 293.56 377.45 349.71 423.36 472.60

NC vs NRP, CNR: Enterprise Value Comparison

For the Thermal Coal subindustry, NACCO Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, NACCO Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where NACCO Industries's Enterprise Value falls into.


NC
66GF Score
NACCO Industries Inc NC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NACCO Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

NACCO Industries's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

NACCO Industries's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $438.1 Mil mean?
NACCO Industries (NC) has a Enterprise Value of $438.1 Mil as of Aug. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NACCO Industries and its competitors.
Is NACCO Industries' Enterprise Value too high?
NACCO Industries' current Enterprise Value is $438.1 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' Enterprise Value compare to NRP and CNR?
NACCO Industries' Enterprise Value of $438.1 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 Enterprise Value for an Other Energy Sources company?
A good Enterprise Value depends on the Other Energy Sources industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NACCO Industries and its competitors. NACCO Industries's current Enterprise Value is $438.1 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 Enterprise Value is $438.1 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For NACCO Industries (NC), the current Enterprise Value is $438.1 Mil as of Aug. 01, 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:

  • Enterprise Value: $438.1 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

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

$47.40
Price
$40.45
GF Value