HNRGHallador Energy Company

$14.50-26% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 29 out of 100, Weak
Today's price. Only valuation depends on it.

Weak. Hallador Energy Company scores higher than 28% of the 2,291 companies Ryufin scores.

Carried by cycle position and earnings quality, held back by valuation and return on capital.

Utilities median 49 · all companies 54

How the score has moved

At each fiscal year end, from the reports and price of the time
29
24
36
29
202120242025today

The biggest move was up 12 points from 2024 to 2025, mostly valuation.

Valuation

26% of the score

20median 50

Hallador Energy Company is valued at 41.4x its operating profit, including debt: a very rich multiple.

60x
50x
35x
25x
18x
12x
8x
41.4x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

0median 23

Over 7 years the business earned -6.1% a year after tax on the capital it uses.

2%
8%
15%
25%
-6.1%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 25%

Return on new capital

16% of the score

0median 33

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score

40median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 7.4% a year over 5 years: new shares
0
5%
-3%
7.4%
0 pointsfull points
Assets against salesAssets grew 1.2% a year, sales 14%
100
12%
-2%
-13%
0 pointsfull points

Cycle position

12% of the score

70median 63

Today's operating margin of 3.8% is 0.96x its normal 3.9%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 3.8%

Balance sheet

8% of the score

50median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA0.3x a year of EBITDA
100
4.5x
0.5x
0.3x
0 pointsfull points
Interest coverOperating profit covers interest 1x
0
1.5x
12x
1x
0 pointsfull points

Earnings quality

6% of the score

100median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

AccrualsCash ran ahead of profit by 10.1% of assets
100
8%
0%
-8%
-10%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.