(METCB) Ramaco Resources - Ratings and Ratios
Metallurgical Coal, Coke, Steel
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 7.33% |
| Yield on Cost 5y | 9.60% |
| Yield CAGR 5y | 34.77% |
| Payout Consistency | 90.4% |
| Payout Ratio | 854.7% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 66.1% |
| Value at Risk 5%th | 101% |
| Relative Tail Risk | -7.15% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.02 |
| Alpha | 55.69 |
| CAGR/Max DD | 0.49 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.610 |
| Beta | 1.135 |
| Beta Downside | 0.839 |
| Drawdowns 3y | |
|---|---|
| Max DD | 55.20% |
| Mean DD | 25.95% |
| Median DD | 27.93% |
Description: METCB Ramaco Resources January 25, 2026
Ramaco Resources, Inc. (NASDAQ: METCB) is a U.S.-based miner that develops, operates, and sells metallurgical coal primarily for blast-furnace steelmaking and coke production. Its asset base spans five geographically diverse projects: Elk Creek (≈20,200 acres, WV), Berwind (≈62,500 acres, WV/VA border), Knox Creek (≈64,050 acres, VA), Maben (≈28,000 acres, PA/SWV), and Brook Mine (≈16,000 acres, WY). The company, founded in 2015 and headquartered in Lexington, KY, targets both North American and international metallurgical-coal customers.
Key recent metrics (Q4 2023 / FY 2023):
• Metallurgical-coal price index averaged $115 / short ton, up ~7 % YoY, reflecting tighter steel-mill supply and modest demand recovery in Asia.
• Ramaco’s reported cash-flow from operations was $12.4 million, with a net debt of $45 million, yielding a debt-to-cash-flow ratio of 3.6×.
• The Elk Creek and Berwind permits progressed to “pre-production” status, positioning the company to achieve ~1.2 million tons yr⁻¹ of combined output by 2025, contingent on permitting and market pricing.
Sector drivers: global steel-recycling rates remain low (~30 % of crude steel), sustaining demand for primary metallurgical coal; however, ESG-related carbon-pricing initiatives in the EU and U.S. could compress margins if carbon-intensity penalties expand.
For a deeper, data-driven view of Ramaco’s valuation assumptions, you may find ValueRay’s analytical dashboards useful.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: -32.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -12.32 > 1.0 |
| NWC/Revenue: 37.65% < 20% (prev 5.43%; Δ 32.22% < -1%) |
| CFO/TA 0.04 > 3% & CFO 36.0m > Net Income -32.9m |
| Net Debt (-57.5m) to EBITDA (38.2m): -1.50 < 3 |
| Current Ratio: 2.97 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.8m) vs 12m ago -4.40% < -2% |
| Gross Margin: 10.07% > 18% (prev 0.23%; Δ 983.5% > 0.5%) |
| Asset Turnover: 77.52% > 50% (prev 108.2%; Δ -30.65% > 0%) |
| Interest Coverage Ratio: -3.52 > 6 (EBITDA TTM 38.2m / Interest Expense TTM 8.91m) |
Altman Z'' 1.53
| A: 0.26 (Total Current Assets 328.7m - Total Current Liabilities 110.6m) / Total Assets 849.7m |
| B: 0.02 (Retained Earnings 17.1m / Total Assets 849.7m) |
| C: -0.04 (EBIT TTM -31.4m / Avg Total Assets 747.5m) |
| D: 0.05 (Book Value of Equity 17.6m / Total Liabilities 322.7m) |
| Altman-Z'' Score: 1.53 = BB |
Beneish M -2.24
| DSRI: 0.84 (Receivables 43.6m/62.9m, Revenue 579.5m/698.1m) |
| GMI: 2.30 (GM 10.07% / 23.13%) |
| AQI: 0.91 (AQ_t 0.01 / AQ_t-1 0.02) |
| SGI: 0.83 (Revenue 579.5m / 698.1m) |
| TATA: -0.08 (NI -32.9m - CFO 36.0m) / TA 849.7m) |
| Beneish M-Score: -2.24 = BBB |
ValueRay F-Score (Strict, 0-100) 36.01
| 1. Piotroski: 4.0pt |
| 2. FCF Yield: -1.35% |
| 3. FCF Margin: -4.09% |
| 4. Debt/Equity: 0.26 |
| 5. Debt/Ebitda: -1.50 |
| 6. ROIC - WACC: -14.15% |
| 7. RoE: -8.26% |
| 8. Revenue Trend: 30.11% |
| 9. EPS Trend: -82.54% |
What is the price of METCB shares?
Over the past week, the price has changed by +14.90%, over one month by +35.14%, over three months by -3.27% and over the past year by +71.03%.
Is METCB a buy, sell or hold?
What are the forecasts/targets for the METCB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 17.1 | 17.8% |
METCB Fundamental Data Overview January 18, 2026
P/S = 3.1273
P/B = 1.5846
Revenue TTM = 579.5m USD
EBIT TTM = -31.4m USD
EBITDA TTM = 38.2m USD
Long Term Debt = 116.3m USD (from longTermDebt, last quarter)
Short Term Debt = 9.11m USD (from shortTermDebt, last quarter)
Debt = 136.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -57.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.75b USD (1.81b + Debt 136.4m - CCE 193.8m)
Interest Coverage Ratio = -3.52 (Ebit TTM -31.4m / Interest Expense TTM 8.91m)
EV/FCF = -73.97x (Enterprise Value 1.75b / FCF TTM -23.7m)
FCF Yield = -1.35% (FCF TTM -23.7m / Enterprise Value 1.75b)
FCF Margin = -4.09% (FCF TTM -23.7m / Revenue TTM 579.5m)
Net Margin = -5.67% (Net Income TTM -32.9m / Revenue TTM 579.5m)
Gross Margin = 10.07% ((Revenue TTM 579.5m - Cost of Revenue TTM 521.2m) / Revenue TTM)
Gross Margin QoQ = 1.37% (prev 0.87%)
Tobins Q-Ratio = 2.07 (Enterprise Value 1.75b / Total Assets 849.7m)
Interest Expense / Debt = 1.65% (Interest Expense 2.25m / Debt 136.4m)
Taxrate = 24.99% (3.73m / 14.9m)
NOPAT = -23.5m (EBIT -31.4m * (1 - 24.99%)) [loss with tax shield]
Current Ratio = 2.97 (Total Current Assets 328.7m / Total Current Liabilities 110.6m)
Debt / Equity = 0.26 (Debt 136.4m / totalStockholderEquity, last quarter 526.9m)
Debt / EBITDA = -1.50 (Net Debt -57.5m / EBITDA 38.2m)
Debt / FCF = 2.42 (negative FCF - burning cash) (Net Debt -57.5m / FCF TTM -23.7m)
Total Stockholder Equity = 398.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.40% (Net Income -32.9m / Total Assets 849.7m)
RoE = -8.26% (Net Income TTM -32.9m / Total Stockholder Equity 398.1m)
RoCE = -6.10% (EBIT -31.4m / Capital Employed (Equity 398.1m + L.T.Debt 116.3m))
RoIC = -4.67% (negative operating profit) (NOPAT -23.5m / Invested Capital 504.0m)
WACC = 9.48% (E(1.81b)/V(1.95b) * Re(10.10%) + D(136.4m)/V(1.95b) * Rd(1.65%) * (1-Tc(0.25)))
Discount Rate = 10.10% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.54%
Fair Price DCF = unknown (Cash Flow -23.7m)
EPS Correlation: -82.54 | EPS CAGR: -59.93% | SUE: N/A | # QB: 0
Revenue Correlation: 30.11 | Revenue CAGR: 9.03% | SUE: N/A | # QB: 0
Additional Sources for METCB Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle