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Core Natural Resources, Inc (CNR) Fair Value & Analysis

Energy · US · Market cap $4.8B

CN Core Natural Resources, Inc logo Core Natural Resources, Inc CNR · US
Price$82.25
Fair Value$106.02
Upside+28.9%
Quality95/100
Evidence: Medium Range $79.90 – $132.14

Fair value as of: Jun 24, 2026

From 13 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from $12.92 to $106.02 (+720.6%) since Jun 23, 2026. Share price −10.5% over the past month.

Price vs Fair Value (12 months)

$117.58 $67.52 Fair Value $106.02 Jun 2025 Jun 2026

12‑month range $67.52 – $117.58 · fair‑value band $79.90 – $132.14 · the $82.25 price screens below the $106.02 fair value. As of Jun 24, 2026.

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Analysis

Core Natural Resources, Inc (CNR) currently trades at $82.25, while our model-based Fair Value estimate is $106.02 — implying the stock looks roughly 28.9% undervalued today. We read business quality at 95/100 (high quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Core Natural Resources, Inc generated revenue of $4.2B at a net margin of -1.5%. Revenue grew 6.6% year over year. It earns a return on equity of -1.7%. The balance sheet holds a net cash position of $78.0M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) $4.2B
Revenue growth (YoY) +6.6%
Net margin -1.5%
Return on equity -1.7%
Free cash flow $21.2M FY2025
Operating margin 1.3%
More key figures
EPS (TTM) $-1.19
Dividend yield 0.4%
EPS growth (YoY) -81.1%
Net cash $78.0M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Core Natural Resources, Inc., together with its subsidiaries, produces, sells, and exports metallurgical and thermal coals in the United States and internationally. It operates through the High CV Thermal; Metallurgical; Powder River Basin (PRB); and Core Marine Terminal segments. The High CV Thermal segment consists of Pennsylvania Mining Complex and the West Elk mine located in Colorado. The Metallurgical segment consists of Leer, Leer South, Beckley, Mountain Laurel, and Itmann coal mines in West Virginia. The PRB segment consists of Black Thunder and Coal Creek surface mining complexes located in Wyoming. The Core Marine Terminal segment consists of coal export terminal operations in the Port of Baltimore. The company was formerly known as CONSOL Energy Inc. and changed its name to Core Natural Resources, Inc. in January 2025. Core Natural Resources, Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Core Natural Resources, Inc reported revenue of $4.2B in FY2025 versus $1.3B in FY2021, a compound +34.8%/yr. Reported net income was −$153M in FY2025.

Revenue +34.8%/yr
FY21 $1.3B
FY22 $2.3B
FY23 $2.5B
FY24 $2.1B
FY25 $4.2B
Net income
FY21 $34.1M
FY22 $467M
FY23 $656M
FY24 $286M
FY25 −$153M

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Similar stocks

6 more Thermal Coal stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
China Shenhua Energy Company 601088 ¥41.51 ¥34.07 -18%
Adani Enterprises Limited ADANIENT ₹2,931 ₹796.70 -73%
Shaanxi Coal Industry Company 601225 ¥27.14 ¥24.13 -11%
Yankuang Energy Group 600188 ¥25.05 ¥17.17 -31%
China Coal Energy Company 601898 ¥13.73 ¥22.52 +64%
Coal India Limited COALINDIA ₹472.30 ₹1,206 +155%

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Frequently asked questions

Is Core Natural Resources, Inc (CNR) undervalued?
As of Jun 24, 2026, our model estimates a fair value of $106.02 versus a price of $82.25 — about +29% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CNR?
Our 21-model fair value for Core Natural Resources, Inc is $106.02 (as of Jun 24, 2026), built from audited fundamentals. The current price is $82.25.
What is the quality score of CNR?
Core Natural Resources, Inc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Core Natural Resources, Inc (CNR)?
Core Natural Resources, Inc reported trailing-twelve-month revenue of about $4.2B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CNR?
The net profit margin of Core Natural Resources, Inc is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Core Natural Resources, Inc pay a dividend?
Core Natural Resources, Inc currently shows a dividend yield of about 0.43% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.