WallStSmart

Alliance Resource Partners LP (ARLP)vsCore Natural Resources, Inc. (CNR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Core Natural Resources, Inc. generates 90% more annual revenue ($4.16B vs $2.19B). ARLP leads profitability with a 14.2% profit margin vs -3.7%. CNR appears more attractively valued with a PEG of 0.35. ARLP earns a higher WallStSmart Score of 67/100 (B-).

ARLP

Strong Buy

67

out of 100

Grade: B-

Growth: 2.7Profit: 7.5Value: 10.0Quality: 5.0

CNR

Buy

53

out of 100

Grade: C-

Growth: 7.3Profit: 2.0Value: 6.7Quality: 6.3
Piotroski: 5/9Altman Z: 2.59
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARLPUndervalued (+77.3%)

Margin of Safety

+77.3%

Fair Value

$112.32

Current Price

$28.60

$83.72 discount

UndervaluedFair: $112.32Overvalued

Intrinsic value data unavailable for CNR.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARLP3 strengths · Avg: 8.7/10
P/E RatioValuation
12.0x10/10

Attractively priced relative to earnings

PEG RatioValuation
0.628/10

Growing faster than its price suggests

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

CNR3 strengths · Avg: 9.3/10
PEG RatioValuation
0.3510/10

Growing faster than its price suggests

Revenue GrowthGrowth
81.8%10/10

Revenue surging 81.8% year-over-year

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

Areas to Watch

ARLP2 concerns · Avg: 3.0/10
EPS GrowthGrowth
3.9%4/10

3.9% earnings growth

Revenue GrowthGrowth
-9.2%2/10

Revenue declined 9.2%

CNR4 concerns · Avg: 1.5/10
Return on EquityProfitability
-5.8%2/10

ROE of -5.8% — below average capital efficiency

EPS GrowthGrowth
-81.1%2/10

Earnings declined 81.1%

Profit MarginProfitability
-3.7%1/10

Currently unprofitable

Operating MarginProfitability
-10.0%1/10

Operating margin of -10.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : ARLP

The strongest argument for ARLP centers on P/E Ratio, PEG Ratio, Price/Book. PEG of 0.62 suggests the stock is reasonably priced for its growth.

Bull Case : CNR

The strongest argument for CNR centers on PEG Ratio, Revenue Growth, Price/Book. Revenue growth of 81.8% demonstrates continued momentum. PEG of 0.35 suggests the stock is reasonably priced for its growth.

Bear Case : ARLP

The primary concerns for ARLP are EPS Growth, Revenue Growth.

Bear Case : CNR

The primary concerns for CNR are Return on Equity, EPS Growth, Profit Margin.

Key Dynamics to Monitor

ARLP profiles as a declining stock while CNR is a hypergrowth play — different risk/reward profiles.

CNR carries more volatility with a beta of 0.38 — expect wider price swings.

CNR is growing revenue faster at 81.8% — sustainability is the question.

ARLP generates stronger free cash flow (99M), providing more financial flexibility.

Bottom Line

ARLP scores higher overall (67/100 vs 53/100). Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alliance Resource Partners LP

ENERGY · THERMAL COAL · USA

Alliance Resource Partners, LP, a diversified natural resources company, produces and markets coal primarily for industrial and utility users in the United States. The company is headquartered in Tulsa, Oklahoma.

Core Natural Resources, Inc.

ENERGY · THERMAL COAL · USA

Cornerstone Building Brands, Inc. designs, designs, manufactures, markets, and installs exterior building products for the commercial, residential, and repair and remodeling markets in the United States, Canada, Mexico, and internationally. The company is headquartered in Cary, North Carolina.

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