Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Nickel One Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Nickel One Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
Nickel One Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Nickel One Resources 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Nickel One Resources
expected to grow at an
Unable to compare Nickel One Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Nickel One Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Nickel One Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Nickel One Resources is high growth as no earnings estimate data is available.
Unable to determine if Nickel One Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Nickel One Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Nickel One Resources
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Nickel One Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Nickel One Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Nickel One Resources has no long term commitments.
This treemap shows a more detailed breakdown of
Nickel One Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 14.6x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. C. Vance Loeber has been the Chief Executive Officer, President and Director at Nickel One Inc since March 23, 2016. Mr. Loeber has over 30 years of international business experience. He has been involved in the financing and promotion of early stage through to production level resource companies for over 20 years. Mr. Loeber was directly involved in the launch of U.S. Silver which is currently the largest pure silver mine in the United States. He was one of the Founders of Sandspring Resources Ltd. His extensive network is focused on Europe, Asia and North America where he matches these Investors with the capital requirements of public companies. Mr. Loeber was one of the Founders of Carlisle Goldfields Ltd., recently taken over by Alamos Gold Inc.
Insufficient data for C. to compare compensation growth.
C.'s remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
Nickel One Resources
management team in years:
The tenure for the Nickel One Resources management team is about average.
Vice President of Exploration & Director
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
Nickel One Resources
board of directors in years:
The tenure for the Nickel One Resources board of directors is about average.
What Kind Of Shareholder Owns Most Nickel One Resources Inc (CVE:NNN) Stock?
The big shareholder groups in Nickel One Resources Inc (CVE:NNN) have power over the company. … Nickel One Resources is a smaller company with a market capitalization of CA$2.6m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Nickel One Resources
How Does Nickel One Resources Inc (CVE:NNN) Affect Your Portfolio Returns?
If you're interested in Nickel One Resources Inc (CVE:NNN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.
Who Are The Largest Shareholders In Nickel One Resources Inc (CVE:NNN)?
This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in NNN need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.
Is Nickel One Resources Inc (TSXV:NNN) Still A Cheap Basic Materials Stock?
Basic material analysts are forecasting for the entire industry, a relatively muted growth of 7.54% in the upcoming year , and an overall negative growth rate in the next couple of years. … Unsuprisingly, this is below the growth rate of the Canadian stock market as a whole. … TSXV:NNN PE PEG Gauge Dec 6th 17 The metals and mining sector's PE is currently hovering around 12x, relatively similar to the rest of the Canadian stock market PE of 17x.
Nickel One Resources Inc., an exploration stage company, acquires, explores for, and evaluates mineral resource properties in Canada. The company primarily explores for copper, cobalt, nickel, platinum, palladium, and gold metals. It holds interests in the Manitouwadge property, which consists of 71 mining claims totaling 1,099 claim units covering an area of approximately 17,584 hectares located in the areas of Bigrock Lake and Olga Lake, Thunder Bay Mining Division, Ontario; and Lantinen Koillismaa project situated in North-central Finland. Nickel One Resources Inc. is headquartered in Vancouver, Canada.
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