Nickel Industries Ltd Ordinary Shares NIC

Morningstar Rating
A$0.77 +0.01 (1.32%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NIC is trading at a LOCK|ghJhJb premium.
Price
A$0.77
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
A$0.76
Day Range
A$0.75–0.77
52-Week Range
A$0.66–1.13
Bid/Ask
A$0.76 / A$0.77
Shares Outstanding
4.34B
Market Cap
A$3.32B
Volume/Avg
4M / 7M

Key Statistics

Price/Earnings (Normalized)
39.21
Price/Sales
1.28
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Mid Value
Total Number of Employees
—

Valuation

Metric
NIC
Price/Earnings (Normalized)
39.21
Price/Book Value
1.09
Price/Sales
1.28
Price/Cash Flow
24.51
Price/Earnings
NIC

Financial Strength

Metric
NIC
Quick Ratio
1.86
Current Ratio
3.00
Interest Coverage
1.22
Quick Ratio
NIC

Profitability

Metric
NIC
Return on Assets (Normalized)
0.35%
Return on Equity (Normalized)
0.69%
Return on Invested Capital (Normalized)
2.97%
Return on Assets
NIC

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