Matt Franz : Zealous For Knowledge

NACCO Industries

NACCO Industries recently announced a spinoff, expected by the end of September 2017, that will separate NACCO’s North American Coal subsidiary from Hamilton Beach and Kitchen Collective. I value NACCO using the sum-of-the-parts technique and find that NACCO is currently undervalued. The upcoming spinoff could be a catalyst to closing the valuation gap.

My full notes and valuation are here.

This is not a recommendation to buy or sell any stock mentioned. I do not have a position in any stock mentioned. Do your own research: you are accountable for your own returns. Please read my full disclosure.

4 responses to “NACCO Industries”

  1. blame says:

    Gooⅾ day! Ⅾo you use Twitter? I’d like to follow you if that would be okay.

    I’m absolutelʏ enjoүing your blog and look forwɑrɗ to new updɑtes.

  2. I have checked your site and i have found some duplicate content, that’s why you don’t rank high in google’s search results, but there is a tool that can help you
    to create 100% unique content, search for; Boorfe’s tips unlimited content

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe: rss | email