Nickel Mines Ltd
ASX:NIC

Watchlist Manager
Nickel Mines Ltd Logo
Nickel Mines Ltd
ASX:NIC
Watchlist
Price: 0.75 AUD -3.23% Market Closed
Market Cap: 3.3B AUD
Section:
 

Relative Value

The Relative Value of one NIC stock under the Base Case scenario is hidden AUD. Compared to the current market price of 0.75 AUD, Nickel Mines Ltd is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NIC Relative Value
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

1.2
P/S
P/S
Price to Sales
1.2
vs History
65
vs Industry
64
Median 3Y
1.2
Median 5Y
1.4
Industry
2
Forward
1.3
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
12
Median 3Y
11
Median 5Y
15.2
Industry
18.8
Forward
32.4
More Details
13.6
P/OCF
P/OCF
Price to OCF
13.6
vs History
33
vs Industry
23
Median 3Y
12.4
Median 5Y
12.7
Industry
10.9
More Details
5.5
P/FCFE
P/FCFE
Price to FCFE
5.5
vs History
74
vs Industry
22
Median 3Y
7.4
Median 5Y
7.5
Industry
18.4
More Details
1
P/B
P/B
Price to Book Value
1
vs History
61
vs Industry
60
Median 3Y
1
Median 5Y
1.2
Industry
2.1
More Details
1.6
EV/S
EV/S
Enterprise Value to Sales
1.6
vs History
53
vs Industry
58
Median 3Y
1.5
Median 5Y
1.7
Industry
2.5
Forward
1.7
More Details
13.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.7
vs History
6
vs Industry
23
Median 3Y
8.6
Median 5Y
9
Industry
8.3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
11
Median 3Y
7.8
Median 5Y
8.7
Industry
12.3
Forward
9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
14
Median 3Y
7.8
Median 5Y
8.7
Industry
14.9
Forward
15
More Details
17.6
EV/OCF
EV/OCF
Enterprise Value to OCF
17.6
vs History
12
vs Industry
21
Median 3Y
14.7
Median 5Y
12.6
Industry
12.4
More Details
23.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
23.1
vs History
9
vs Industry
15
Median 3Y
12.6
Median 5Y
12.6
Industry
16.8
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
61
vs Industry
60
Median 3Y
0.8
Median 5Y
0.9
Industry
1.9
More Details

Multiples Across Competitors

NIC Competitors Multiples
Nickel Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Nickel Mines Ltd
ASX:NIC
3.3B AUD 1.2 -13.3 -36.7 -36.7
AU
Rio Tinto Ltd
ASX:RIO
227.5B AUD 2.8 14.7 7.8 11.2
AU
BHP Group Ltd
ASX:BHP
224.1B AUD 2.9 16.5 6.3 8.1
UK
Rio Tinto PLC
LSE:RIO
91.5B GBP 2.3 11.9 120.4 173.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.3T MXN 4.4 17.1 8.3 9.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20 30.2
CH
Glencore PLC
LSE:GLEN
45.4B GBP 0.3 -29.6 259 780.2
CN
CMOC Group Ltd
SSE:603993
382.1B CNY 1.9 19.6 12.2 12.2
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.1B USD 1.8 18.5 11.5 11.5
UK
Anglo American PLC
LSE:AAL
33.6B GBP 2.1 -10.5 129.2 229.2
ZA
African Rainbow Minerals Ltd
JSE:ARI
36.6B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
AU
Nickel Mines Ltd
ASX:NIC
Average P/E: 20.4
Negative Multiple: -13.3 		N/A N/A
AU
Rio Tinto Ltd
ASX:RIO
14.7
1%
14.7
AU
BHP Group Ltd
ASX:BHP
16.5
6%
2.7
UK
Rio Tinto PLC
LSE:RIO
11.9
1%
11.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.1
15%
1.1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
45%
1
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -29.6 N/A N/A
CN
CMOC Group Ltd
SSE:603993
19.6
23%
0.9
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
18.5
23%
0.8
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -10.5 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-49%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Nickel Mines Ltd
ASX:NIC
Average EV/EBITDA: 63.8
Negative Multiple: -36.7
75%
N/A
AU
Rio Tinto Ltd
ASX:RIO
7.8
7%
1.1
AU
BHP Group Ltd
ASX:BHP
6.3
2%
3.2
UK
Rio Tinto PLC
LSE:RIO
120.4
8%
15.1
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
8.3
10%
0.8
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20
12%
1.7
CH
Glencore PLC
LSE:GLEN
259
16%
16.2
CN
CMOC Group Ltd
SSE:603993
12.2
24%
0.5
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
24%
0.5
UK
Anglo American PLC
LSE:AAL
129.2
4%
32.3
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Nickel Mines Ltd
ASX:NIC
Average EV/EBIT: 140.6
Negative Multiple: -36.7
65%
N/A
AU
Rio Tinto Ltd
ASX:RIO
11.2
9%
1.2
AU
BHP Group Ltd
ASX:BHP
8.1
2%
4.1
UK
Rio Tinto PLC
LSE:RIO
173.1
8%
21.6
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9.7
10%
1
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.2
18%
1.7
CH
Glencore PLC
LSE:GLEN
780.2
29%
26.9
CN
CMOC Group Ltd
SSE:603993
12.2
18%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11.5
18%
0.6
UK
Anglo American PLC
LSE:AAL
229.2
9%
25.5
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available N/A N/A

See Also

Summary
NIC intrinsic value, competitors valuation, and company profile.
DCF Valuation
NIC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NIC stock valuation using valuation multiples.
Wall Street Estimates
NIC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NIC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 303,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.