WallStSmart

Alliance Resource Partners LP (ARLP)vsNACCO Industries Inc (NC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Alliance Resource Partners LP generates 681% more annual revenue ($2.17B vs $278.48M). ARLP leads profitability with a 12.2% profit margin vs 6.2%. NC appears more attractively valued with a PEG of 0.30. ARLP earns a higher WallStSmart Score of 69/100 (B-).

ARLP

Strong Buy

69

out of 100

Grade: B-

Growth: 5.3Profit: 6.5Value: 8.7Quality: 5.8
Piotroski: 3/9

NC

Buy

60

out of 100

Grade: C

Growth: 6.7Profit: 3.0Value: 7.7Quality: 8.5
Piotroski: 4/9Altman Z: 2.69
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARLPUndervalued (+43.5%)

Margin of Safety

+43.5%

Fair Value

$45.16

Current Price

$26.53

$18.63 discount

UndervaluedFair: $45.16Overvalued

Intrinsic value data unavailable for NC.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARLP4 strengths · Avg: 8.0/10
PEG RatioValuation
0.558/10

Growing faster than its price suggests

P/E RatioValuation
13.0x8/10

Attractively priced relative to earnings

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

EPS GrowthGrowth
34.1%8/10

Earnings expanding 34.1% YoY

NC5 strengths · Avg: 9.4/10
PEG RatioValuation
0.3010/10

Growing faster than its price suggests

Price/BookValuation
0.7x10/10

Reasonable price relative to book value

EPS GrowthGrowth
77.3%10/10

Earnings expanding 77.3% YoY

Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

P/E RatioValuation
17.4x8/10

Attractively priced relative to earnings

Areas to Watch

ARLP2 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.7%4/10

0.7% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

NC4 concerns · Avg: 2.8/10
Market CapQuality
$300.42M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.9%3/10

ROE of 4.9% — below average capital efficiency

Profit MarginProfitability
6.2%3/10

6.2% margin — thin

Free Cash FlowQuality
$-192,0002/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ARLP

The strongest argument for ARLP centers on PEG Ratio, P/E Ratio, Price/Book. PEG of 0.55 suggests the stock is reasonably priced for its growth.

Bull Case : NC

The strongest argument for NC centers on PEG Ratio, Price/Book, EPS Growth. PEG of 0.30 suggests the stock is reasonably priced for its growth.

Bear Case : ARLP

The primary concerns for ARLP are Revenue Growth, Piotroski F-Score.

Bear Case : NC

The primary concerns for NC are Market Cap, Return on Equity, Profit Margin.

Key Dynamics to Monitor

NC carries more volatility with a beta of 0.45 — expect wider price swings.

NC is growing revenue faster at 6.0% — sustainability is the question.

ARLP generates stronger free cash flow (103M), providing more financial flexibility.

Monitor THERMAL COAL industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ARLP scores higher overall (69/100 vs 60/100). 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.

NACCO Industries Inc

ENERGY · THERMAL COAL · USA

NACCO Industries, Inc., is involved in the mining and natural resources businesses. The company is headquartered in Cleveland, Ohio.

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