NICKEL INDUSTRIES LIMITED (NIC)
Share Price Analysis and Chart

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NIC - NICKEL INDUSTRIES LIMITED

FNArena Sector : Nickel
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 1.92
Index: ASX200 | ASX300 | ALL-ORDS

Nickel Mines is an Australian producer of nickel pig iron, a key ingredient in the manufacture of stainless steel. Its assets & production facilities are in Indonesia. The company listed in 2018.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.805

19 Jul
2024

-0.025

OPEN

$0.81

-3.01%

HIGH

$0.82

4,747,969

LOW

$0.80

TARGET
$1.158 43.9% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ARL . CTM . IGO . LEG . PAN . POS . QPM . SRL . WIN .
FNARENA'S MARKET CONSENSUS FORECASTS
NIC: 1
Title FY24
Forecast
FY25
Forecast
EPS (cps) 5.6 xxx
DPS (cps) 4.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 14.4 xxx
Dividend Yield 5.6% xxx
Div Pay Ratio(%) 80.2% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 4.46%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.59

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/08 - ex-div 2c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx5.4
DPS All xxxxxxxxxxxxxxx4.5
Sales/Revenue xxxxxxxxxxxxxxx2,832.5 M
Book Value Per Share xxxxxxxxxxxxxxx82.9
Net Operating Cash Flow xxxxxxxxxxxxxxx269.3 M
Net Profit Margin xxxxxxxxxxxxxxx6.47 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx6.70 %
Return on Invested Capital xxxxxxxxxxxxxxx5.13 %
Return on Assets xxxxxxxxxxxxxxx3.70 %
Return on Equity xxxxxxxxxxxxxxx6.70 %
Return on Total Capital xxxxxxxxxxxxxxx10.58 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-159.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx377 M
Long Term Debt xxxxxxxxxxxxxxx861 M
Total Debt xxxxxxxxxxxxxxx1,238 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,141 M
Price To Book Value xxxxxxxxxxxxxxx0.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx359.9 M
Capex % of Sales xxxxxxxxxxxxxxx12.71 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,328 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx28 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx773 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

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1

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xx.xx%

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xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

05/07/2024

1

Outperform

$1.10

36.65%

As rainfall impacted the delivery of ore from the Hengjaya mine to the Morowali Industrial Park (IMIP) in Indonesia, explains Macquarie, 2Q earnings have disappointed.

Management expects earnings in the range of US$75-80m compared to the broker's prior US$126.8m estimate.

Separately, the analyst is expecting share price support given a US$100m share buyback has been approved.

The Outperform rating and $1.10 target are unchanged.

FORECAST
Macquarie forecasts a full year FY24 dividend of 2.75 cents and EPS of 6.10 cents.
Macquarie forecasts a full year FY25 dividend of 5.49 cents and EPS of 12.20 cents.

UBS

xx/xx/xxxx

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xxx

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xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXPERT VIEWS
Display All Commentary

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

NIC STOCK CHART