Peabody Energy Corporation (BTU) vs Core Natural Resources, Inc. (CNR)

Peabody Energy Corporation and Core Natural Resources, Inc. are both Thermal Coal companies. Core Natural Resources, Inc. is the larger, with a market value of $4.4B against $2.9B — 1.5× the size. Peabody Energy Corporation has negative trailing earnings, so its P/E is not meaningful; Core Natural Resources, Inc. trades at 45.4×. Core Natural Resources, Inc. grew revenue faster over the last twelve months: 31.5% against −0.68%. Core Natural Resources, Inc. has the higher net margin (2.34% vs −4.56%) and the higher return on invested capital (1.35% vs −4.48%). Only Peabody Energy Corporation pays a dividend (1.26%). Across the 20 metrics below, Core Natural Resources, Inc. leads on 12 and Peabody Energy Corporation on 8.

Valuation

Metric BTU CNR Thermal Coal median
P/E n/m 45.40 —
P/S 0.73 1.07 1.07
P/B 0.88 1.23 1.23
Price to free cash flow n/m 16.86 —
EV/EBITDA 14.15 6.27 11.83
EV/Sales 0.68 1.06 1.20
Earnings yield (6.28%) 2.20% 6.74%
Free cash flow yield (5.24%) 5.93% 5.93%

Profitability

Metric BTU CNR Thermal Coal median
Gross margin 10.40% 17.33% 18.49%
Operating margin (5.56%) 1.86% 8.29%
Net margin (4.56%) 2.34% 6.21%
Free cash flow margin (3.80%) 6.33% 6.33%
Return on equity (5.24%) 2.67% 4.07%
Return on assets (3.26%) 1.62% 2.64%
Return on invested capital (4.48%) 1.35% 2.83%

Growth

Metric BTU CNR Thermal Coal median
Revenue growth (TTM) (0.68%) 31.52% (0.68%)
EPS growth (last fiscal year) (115.93%) (131.01%) (48.35%)
Revenue growth, 5-year CAGR 6.03% 32.45% 10.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BTU CNR Thermal Coal median
Debt to equity 0.10 0.12 0.12
Current ratio 2.01 1.83 2.01
Net debt to EBITDA (0.78) 0.05 0.05

Dividend

Metric BTU CNR Thermal Coal median
Dividend yield 1.26% 0.00% 2.67%
Payout ratio — 0.00 —

Size

Metric BTU CNR Thermal Coal median
Market cap 2.93b 4.42b 2.93b

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