Nickel Mines Ltd
ASX:NIC

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Nickel Mines Ltd
ASX:NIC
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Price: 0.88 AUD -2.76%
Market Cap: AU$3.8B

Relative Value

The Relative Value of one NIC stock under the Base Case scenario is 0.8 AUD. Compared to the current market price of 0.88 AUD, Nickel Mines Ltd is Overvalued by 9%.

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
Base Case
0.8 AUD
Overvaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NIC Competitors Multiples
Nickel Mines Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Nickel Mines Ltd
ASX:NIC
3.8B AUD 1.6 -47.4 31.8 31.8
AU
BHP Group Ltd
ASX:BHP
253.7B AUD 3.4 18 6.9 8.7
AU
Rio Tinto Ltd
ASX:RIO
247B AUD 3.1 17.8 7.5 10.3
UK
Rio Tinto PLC
LSE:RIO
107.9B GBP 2.5 14.5 6.9 9.5
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 4.9 17.6 9 10.4
CH
Glencore PLC
LSE:GLEN
59.2B GBP 0.3 220 10.7 34.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 6.6 44.7 20.5 30.9
CN
CMOC Group Ltd
SSE:603993
458.7B CNY 2.3 23.5 13.2 13.2
CN
China Molybdenum Co Ltd
OTC:CMCLF
55.6B USD 1.9 19.6 11 11
UK
Anglo American PLC
LSE:AAL
36.2B GBP 2.7 -13.3 9.3 14.7
ZA
African Rainbow Minerals Ltd
JSE:ARI
42B ZAR 3.6 127.3 -64.1 -64.1
P/E Multiple
Earnings Growth PEG
AU
Nickel Mines Ltd
ASX:NIC
Average P/E: 55.9
Negative Multiple: -47.4
N/A N/A
AU
BHP Group Ltd
ASX:BHP
18
10%
1.8
AU
Rio Tinto Ltd
ASX:RIO
17.8
13%
1.4
UK
Rio Tinto PLC
LSE:RIO
14.5
12%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.6
3%
5.9
CH
Glencore PLC
LSE:GLEN
220
159%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.7
52%
0.9
CN
CMOC Group Ltd
SSE:603993
23.5
30%
0.8
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
19.6
30%
0.7
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.3 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
127.3
149%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Nickel Mines Ltd
ASX:NIC
Average EV/EBITDA: 12.7
31.8
104%
0.3
AU
BHP Group Ltd
ASX:BHP
6.9
5%
1.4
AU
Rio Tinto Ltd
ASX:RIO
7.5
8%
0.9
UK
Rio Tinto PLC
LSE:RIO
6.9
8%
0.9
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
9
6%
1.5
CH
Glencore PLC
LSE:GLEN
10.7
24%
0.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
20.5
15%
1.4
CN
CMOC Group Ltd
SSE:603993
13.2
30%
0.4
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11
30%
0.4
UK
Anglo American PLC
LSE:AAL
9.3
21%
0.4
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -64.1 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Nickel Mines Ltd
ASX:NIC
Average EV/EBIT: 17.5
31.8
97%
0.3
AU
BHP Group Ltd
ASX:BHP
8.7
6%
1.5
AU
Rio Tinto Ltd
ASX:RIO
10.3
9%
1.1
UK
Rio Tinto PLC
LSE:RIO
9.5
8%
1.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.4
2%
5.2
CH
Glencore PLC
LSE:GLEN
34.3
50%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
30.9
22%
1.4
CN
CMOC Group Ltd
SSE:603993
13.2
24%
0.6
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
11
24%
0.5
UK
Anglo American PLC
LSE:AAL
14.7
23%
0.6
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -64.1 N/A N/A
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett