NHC Then.... and Now

So NHC's share price has basically got back to its previous record high, reached in Nov., 2011.

However, that's where the similarities end.

In 2011, the company:

1.) produced around 6.0mtpa of saleable coal; today it sells ~9.0m tpa (50% more than in 2011)
2.) reported Revenue of $1.2bn, today Revenue is $2.6bn (220% higher)
3.) reported NPAT of $147m; today NPAT is $983m (670% higher)
4.) generated EPS of 16.1c; today EPS is 118 cps (733% higher)
5.) declared DPS of 20cps (5c ordinary and 15cps special); today it declared DPS of 56c (31c ordinary, 25cps special) (+280% higher)


Moreover, in 2011 the coal price - a record at the time - was US$125/t; today it is close to US$440/t
Not just that, but in 2011 the A$ was at around 1.07 to the US$; today, it is 0.67
Meaning that A$ coal price is today around A$650/t, which is 550% higher than the ~A$120/t in 2011.


Just a few data points for those looking for some valuation context.


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