Is the business good?
How good a business is CNR?
Core Natural Resources, Inc. earns 1.7% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
1.7%
Return on invested capital · cost of capital 9.0% · 7.3 points below what the capital costs: growth destroys value
- Cash conversion
- 2.59×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −3.6%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −0.90% |
| FY2021 | 2.8% |
| FY2022 | 27% |
| FY2023 | 31% |
| FY2024 | 16% |
| FY2025 | −4.4% |
Details›
- Free cash flow, trailing twelve months
- $260M
- Net income, trailing twelve months
- $100M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 1.7%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.