$Arch Resources (ARCH.US)$🎯 April 4th, 2024, current price ...

New data: Q4 2023, revenue, operating profit, and net income continue to decline.

In 2023, revenue decreased by 15.5%, operating profit decreased by 50.7%, and net income decreased by 65.1%.

The debt-to-asset ratio decreased from 43.9% to 40.4%, total assets slightly increased, and net assets increased. On the asset side, cash and fixed assets slightly increased, while on the liability side, interest-bearing borrowings slightly decreased.

Cash flow from operations is significantly higher than net investment, and the proportion of shareholder surplus is very high.

Currently, the P/E ratio is 6.5, the 5-year average net income of 0.4 billion corresponds to a P/E ratio of 7.1, with a dividend yield of 5%. The valuation is still in a low position, so it may be advisable to cautiously increase positions.