NKL

NickelXASX:NKL Stock Report

Market Cap

AU$9.3m

7D

-3.6%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
NKL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NKL Overview

NickelX Limited, a mining exploration company, focuses on exploring nickel and gold deposits in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for NickelX
Historical stock prices
Current Share PriceAU$0.14
52 Week HighAU$0.14
52 Week LowAU$0.27
Beta0
1 Month Change-34.15%
3 Month Change-28.95%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-28.95%

Recent News & Updates

Shareholder Returns

NKLAU Metals and MiningAU Market
7D-3.6%-0.4%0.8%
1Yn/a15.6%24.4%

Return vs Industry: Insufficient data to determine how NKL performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how NKL performed against the Australian Market.

Price Volatility

Is NKL's price volatile compared to industry and market?
NKL volatility
NKL Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: NKL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: Insufficient data to determine NKL's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2019n/aMatt Gaucihttps://nickelxlimited.com

NickelX Limited, a mining exploration company, focuses on exploring nickel and gold deposits in Western Australia. The company was incorporated in 2019 and is based in Perth, Australia.

NickelX Fundamentals Summary

How do NickelX's earnings and revenue compare to its market cap?
NKL fundamental statistics
Market CapAU$9.26m
Earnings (TTM)-AU$192.83k
Revenue (TTM)n/a

0x

P/S Ratio

-48.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NKL income statement (TTM)
RevenueAU$0
Cost of RevenueAU$59.70k
Gross Profit-AU$59.70k
ExpensesAU$133.13k
Earnings-AU$192.83k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.0028
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NKL perform over the long term?

See historical performance and comparison

Valuation

Is NickelX undervalued compared to its fair value and its price relative to the market?

22.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NKL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NKL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NKL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: NKL is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NKL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NKL is overvalued based on its PB Ratio (22.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is NickelX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NickelX has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has NickelX performed over the past 5 years?

-11.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NKL is currently unprofitable.

Growing Profit Margin: NKL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NKL's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare NKL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NKL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: NKL has a negative Return on Equity (-46.33%), as it is currently unprofitable.


Financial Health

How is NickelX's financial position?


Financial Position Analysis

Short Term Liabilities: NKL's short term assets (A$474.2K) exceed its short term liabilities (A$58.0K).

Long Term Liabilities: NKL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NKL is debt free.

Reducing Debt: NKL has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if NKL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NKL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is NickelX current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NKL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NKL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NKL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NKL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NKL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average board tenure


CEO

Matt Gauci (48 yo)

0.75

Tenure

AU$512,167

Compensation

Mr. Matthew George Gauci, also known as Matt, B.Sc, MBA (Gaud), is the Managing Director and Chief Executive Officer at NickelX Limited since January 1, 2021 and serves as its Executive Director since Febr...


Board Members

Experienced Board: NKL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: NKL only recently listed within the past 12 months.


Top Shareholders

Company Information

NickelX Limited's employee growth, exchange listings and data sources


Key Information

  • Name: NickelX Limited
  • Ticker: NKL
  • Exchange: ASX
  • Founded: 2019
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$9.261m
  • Shares outstanding: 68.60m
  • Website: https://nickelxlimited.com

Location

  • NickelX Limited
  • The Read Buildings
  • Level 3
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:59
End of Day Share Price2021/10/25 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.