Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, together with its subsidiaries, operates as a metals and mining company in Europe, Asia, North and South America, Russia, and the CIS countries. More Details
Adequate balance sheet average dividend payer.
Share Price & News
How has Mining and Metallurgical Company Norilsk Nickel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MNOD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MNOD's weekly volatility (6%) has been stable over the past year.
7 Day Return
GB Metals and Mining
1 Year Return
GB Metals and Mining
Return vs Industry: MNOD underperformed the UK Metals and Mining industry which returned 82.8% over the past year.
Return vs Market: MNOD exceeded the UK Market which returned 25.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Mining and Metallurgical Company Norilsk Nickel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Mining and Metallurgical Company Norilsk Nickel undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MNOD ($36.63) is trading below our estimate of fair value ($39.18)
Significantly Below Fair Value: MNOD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MNOD is poor value based on its PE Ratio (17.1x) compared to the UK Metals and Mining industry average (12.7x).
PE vs Market: MNOD is good value based on its PE Ratio (17.1x) compared to the UK market (26.4x).
Price to Earnings Growth Ratio
PEG Ratio: MNOD is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: MNOD is overvalued based on its PB Ratio (14.4x) compared to the GB Metals and Mining industry average (2.2x).
How is Mining and Metallurgical Company Norilsk Nickel forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNOD's forecast earnings growth (15.3% per year) is above the savings rate (0.9%).
Earnings vs Market: MNOD's earnings (15.3% per year) are forecast to grow slower than the UK market (17.4% per year).
High Growth Earnings: MNOD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNOD's revenue (2.9% per year) is forecast to grow slower than the UK market (5.2% per year).
High Growth Revenue: MNOD's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNOD's Return on Equity is forecast to be very high in 3 years time (74.9%).
How has Mining and Metallurgical Company Norilsk Nickel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNOD has high quality earnings.
Growing Profit Margin: MNOD's current net profit margins (21.8%) are lower than last year (42.5%).
Past Earnings Growth Analysis
Earnings Trend: MNOD's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: MNOD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MNOD had negative earnings growth (-41.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (18.4%).
Return on Equity
High ROE: Whilst MNOD's Return on Equity (77.73%) is outstanding, this metric is skewed due to their high level of debt.
How is Mining and Metallurgical Company Norilsk Nickel's financial position?
Financial Position Analysis
Short Term Liabilities: MNOD's short term assets ($8.6B) exceed its short term liabilities ($5.4B).
Long Term Liabilities: MNOD's short term assets ($8.6B) do not cover its long term liabilities ($10.6B).
Debt to Equity History and Analysis
Debt Level: MNOD's debt to equity ratio (206.1%) is considered high.
Reducing Debt: MNOD's debt to equity ratio has reduced from 361.7% to 206.1% over the past 5 years.
Debt Coverage: MNOD's debt is well covered by operating cash flow (86%).
Interest Coverage: MNOD's interest payments on its debt are well covered by EBIT (13.4x coverage).
What is Mining and Metallurgical Company Norilsk Nickel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNOD's dividend (5.94%) is higher than the bottom 25% of dividend payers in the UK market (1.36%).
High Dividend: MNOD's dividend (5.94%) is in the top 25% of dividend payers in the UK market (4.02%)
Stability and Growth of Payments
Stable Dividend: MNOD's dividend payments have been volatile in the past 10 years.
Growing Dividend: MNOD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.7%), MNOD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MNOD's dividends in 3 years are forecast to be covered by earnings (58% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vladimir Potanin (59 yo)
Mr. Vladimir Olegovich Potanin has been President of PJSC MMC Norilsk Nickel since 2015 and has been its Chairman of the Management Board since 2012 and served as its CEO from 2012 to 2015. He graduated fr...
Experienced Management: MNOD's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: MNOD's board of directors are considered experienced (7.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel's company bio, employee growth, exchange listings and data sources
- Name: Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel
- Ticker: MNOD
- Exchange: LSE
- Founded: 1997
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: US$57.965b
- Shares outstanding: 1.58b
- Website: https://www.nornickel.com
- Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel
- 15, 1st Krasnogvardeysky Drive
Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel, together with its subsidiaries, operates as a metals and mining company in Europe, Asia, North and South America, Russia, and the...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 06:37|
|End of Day Share Price||2021/05/10 00:00|
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.