American Resources Corporation

American Resources Corporation

ARECยทNASDAQ

$2.38

-13%
EnergyCoal

American Resources Corporation engages in the extraction, processing, transportation, distribution, and sale of metallurgical coal to the steel industries. The company supplies raw materials; and sells coal used in pulverized coal injections. It has a portfolio of operations located in the Pike, Knott, and Letcher Counties in Kentucky; and Wyoming County, West Virginia. American Resources Corporation was founded in 2006 and is headquartered in Fishers, Indiana.

At a Glance

Live Snapshot
Market Cap$254.59M
EPS0.6300
P/E Ratio3.78
Earnings Date06/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 3.8).

Valuation inputs: P/E 3.8, earnings yield +26.5%, momentum -13.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +58.5%, ROIC -10.4%).

Profitability stack: net margin 0.0%, ROE +58.5%, ROIC -10.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +44.8%, momentum -13.1%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

arec

American Resources Corporation Market vs Earnings Trajectory

AREC ยท NASDAQ

Loading price and EPS data...

American Resources Corporation

American Resources Corporation Fair Value Envelope

AREC ยท NASDAQ

Our analysis suggests that AREC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $2.38, this represents a potential HIDDEN relative to our calculated worth for American Resources Corporation.

Intrinsic Value
Current Price: $2.38
3Y-2990.0%
5Y-280.0%
10Y-173.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
3Y-3933.0%
5Y-640.0%
10Y-7821.0%
3Y-798.0%
5Y+28.0%
10Y+17604.0%
3Y-799.0%
5Y+29.0%
10Y+17127.0%
3Y+202.0%
5Y+340.0%
10Y+174084.0%
American Resources Corporation

American Resources Corporation Profit Bridge

AREC ยท NASDAQ
Revenue0.00
Cost of Goods Sold (2.56K)
Gross Profit-2.56K
Operating Expenses (11.31M)
Operating Income-11.31M
Interest Expense (1.76M)
Other Income/Expense-6.53M
Pretax Income-17.83M
Income Tax (0.00)
Net Income55.41M
Net Income
55.41M

Profitability Analysis

0.00%
Gross Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Operating Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Net Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
58.47%
Return on Equity
17%
3Y-112.0%
5Y+14.0%
10Y-88.0%
32.81%
Return on Assets
-268%
3Y-1369.0%
5Y-223.0%
10Y-104.0%
-10.37%
Return on Invested Capital
-48%
3Y-77.0%
5Y-82.0%
10Y-100.0%
AREC

American Resources Corporation Cash Conversion Engine

AREC ยท NASDAQ
Net Income55.39M
Depreciation & Amortization122.92K
Stock-Based Compensation9.24M
Change in Working Capital-7.02M
Others-75.51M
Capital Expenditures-37.29K
Free Cash Flow-17.82M

Cash Flow Quality Analysis

FCF Conversion Rate

-32.2%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-0.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+23.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$7.02M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

arec

American Resources Corporation Funding & Solvency Profile

AREC ยท NASDAQ
Cash & Cash Equivalents31.70M
Net Receivables59.46M
Inventory0.00
Other Current Assets2.64M
Total Current Assets134 M
Property, Plant & Equipment1.90M
Goodwill & Intangible Assets0.00
Long-Term Investments32.36M
Other Non-Current Assets380.77K
Total Non-Current Assets35 M
Total Assets
168.91M

Financial Health Analysis

Current Ratio

2.19x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.81x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

73 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

79% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

arec

American Resources Corporation Street Expectations Map

AREC ยท NASDAQ

Wall Street analysts project that AREC stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 6.00, with estimates ranging from a low of 5.00 to a high of 7.00.

Lowest Target
5.00
110.08%
Consensus Target
6.00
152.10%
Highest Target
7.00
194.12%

The consensus 1-year price target stands at 6.00, with estimates ranging from a low of 5.00 to a high of 7.00.

Analyst Consensus Analysis

Upside Potential

+152.1%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

33.3% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

arec

American Resources Corporation Insider Positioning

AREC ยท NASDAQ

During the last 12 months, insiders have sold $8.94M worth of AREC shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

1.0M

4.18M

Net Activity

-4.2M

-$4.18M

9-12 Months

Bought

0

0.00

Sold

4.0M

4.76M

Net Activity

-4.8M

-$4.76M

Top Buyers

No buying activity

Top Sellers

1
GPL

Golden Properties Ltd.

10 Percent Owner

5.0M sharesโ€ข8 transactions

$8.94M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $8.94M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.26%
Dividend Yield
3Y-
5Y-
10Y-
ย 

arec Dividend History

AREC
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%