HNRG (Hallador Energy Co) EV-to-FCF: -372.91 (As of Jul. 15, 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.

HNRG Hallador Energy Co HNRG
58 GF Score
Price $16.41
GF Value $9.06
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hallador Energy Co EV-to-FCF?

Hallador Energy Co HNRG -4.81% 58 EV-to-FCF is -372.91 as of Jul. 15, 2026. GuruFocus rates HNRG with a GF Score™ of 58/100 and a GF Value™ of $9.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 236 Utilities - Independent Power Producers companies, Hallador Energy Co ranks worse than 423728.39% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hallador Energy Co's Enterprise Value is $742.8 Mil. Hallador Energy Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.0 Mil. Therefore, Hallador Energy Co's EV-to-FCF for today is -372.91.

The historical rank and industry rank for Hallador Energy Co's EV-to-FCF or its related term are showing as below:

HNRG' s EV-to-FCF Range Over the Past 10 Years
Min: -438.87   Med: 12.7   Max: 3236.53
Current: -372.91

During the past 13 years, the highest EV-to-FCF of Hallador Energy Co was 3236.53. The lowest was -438.87. And the median was 12.70.

HNRG's EV-to-FCF is ranked worse than
100% of 236 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.36 vs HNRG: -372.91

EV-to-FCF 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.

As of today (2026-07-15), Hallador Energy Co's stock price is $16.41. Hallador Energy Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.530. Therefore, Hallador Energy Co's PE Ratio (TTM) for today is 30.96.


Hallador Energy Co  (NAS:HNRG) EV-to-FCF Explanation

EV-to-FCF 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.

Hallador Energy Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.41/0.530
=30.96

Hallador Energy Co's share price for today is $16.41.
Hallador Energy Co's Earnings per Share (Diluted) 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 $0.530.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hallador Energy Co EV-to-FCF Related Terms


Hallador Energy Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Hallador Energy Co's EV-to-FCF 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.

Hallador Energy Co EV-to-FCF Chart

Hallador Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.28 2,875.20 -26.17 42.80 72.37

Hallador Energy Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 14.71 28.20 16.36 72.37 -369.85

HNRG vs KEN, CEG, VST: EV-to-FCF Comparison

For the Utilities - Independent Power Producers subindustry, Hallador Energy Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Hallador Energy Co EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Hallador Energy Co's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Hallador Energy Co's EV-to-FCF falls into.


HNRG
58GF Score
Hallador Energy Co HNRG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hallador Energy Co EV-to-FCF Calculation

Hallador Energy Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=742.836/-1.992
=-372.91

Hallador Energy Co's current Enterprise Value is $742.8 Mil.
Hallador Energy Co'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 $-2.0 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -372.91 mean?
Hallador Energy Co (HNRG) has a EV-to-FCF of -372.91 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hallador Energy Co and its competitors. According to the industry distribution chart, Hallador Energy Co ranks #999999 out of 236 companies in the Utilities - Independent Power Producers industry.
Is Hallador Energy Co's EV-to-FCF too high?
Hallador Energy Co's current EV-to-FCF is -372.91. Based on the distribution chart, Hallador Energy Co ranks #999999 out of 236 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Hallador Energy Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hallador Energy Co's EV-to-FCF compare to KEN and CEG?
According to the Utilities - Independent Power Producers industry distribution chart, Hallador Energy Co ranks #999999 out of 236 companies for EV-to-FCF. This places Hallador Energy Co in the lower half of its industry. The industry median EV-to-FCF is 15.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 15.36, based on 236 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hallador Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hallador Energy Co's current EV-to-FCF is -372.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallador Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hallador Energy Co (HNRG) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.06, compared to a current price of $16.41 — trading 81.1% above its estimated fair value. The current EV-to-FCF is -372.91. Hallador Energy Co's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Hallador Energy Co (HNRG), the current EV-to-FCF is -372.91 as of Jul. 15, 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 Hallador Energy Co (HNRG) Overvalued in 2026?

Based on GuruFocus' analysis, Hallador Energy Co stock appears to be overvalued. The current stock price of $16.41 is trading 81.1% above its estimated GF Value™ of $9.06. GuruFocus considers Hallador Energy Co to be Significantly Overvalued.

Key valuation signals for HNRG:

  • EV-to-FCF: -372.91
  • GF Value™: $9.06 vs. price of $16.41 (81.1% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the HNRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hallador Energy Co Business Description

Other Exchanges H7H:Germany
Address 1183 East Canvasback Drive, Terre Haute, IN, USA, 47802
Hallador Energy Co is a vertically integrated, independent power producer (IPP) and fuel company with operations in Indiana. The Company operates across multiple stages of the energy value chain, from accredited capacity and energy to coal. The Company's electric operations are located within the Midcontinent Independent System Operator's (MISO) footprint. The company's business is organized based on the services and products it provide in two segments: (i) Electric Operations and (ii) Coal Operations.
58GF Score

Get the complete analysis for HNRG

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

$16.41
Price
$9.06
GF Value