Nickel Asia Management

Management criteria checks 1/4

Nickel Asia's CEO is Martin Antonio Zamora, appointed in Aug 2018, has a tenure of 6.42 years. directly owns 0.04% of the company’s shares, worth ₱18.43M. The average tenure of the management team and the board of directors is 3.3 years and 2.8 years respectively.

Key information

Martin Antonio Zamora

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.4yrs
CEO ownership	0.04%
Management average tenure	3.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO

Martin Antonio Zamora (52 yo)

6.4yrs

Tenure

₱177,778

Compensation

Mr. Martin Antonio G. Zamora has been the President of Nickel Asia Corporation since August 7, 2018 and its Chief Executive Officer since January 1, 2020. Mr. Zamora served as an Executive Vice President a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Antonio Zamora	President	6.4yrs	₱177.78k	0.040% ₱ 18.4m
Maria Angela Villamor	CFO, Senior VP of Finance & Revenue Management Group and Treasurer	4yrs	no data	0.0075% ₱ 3.5m
Andre Mikael Dy	Vice President of Treasury	1.8yrs	no data	no data
Georgina Carolina Martinez	SVP of Comp. & Corp. Support Services; Chief Comp. & Chief Gov. Officer; Ass. Corporate Secretary	7.3yrs	no data	0.00060% ₱ 279.2k
Maria Fatima Mijares	Vice President of Human Resources	2.8yrs	no data	no data
Koichi Ishihara	Senior VP & Chief Commercial Officer	2yrs	no data	no data
Jose Bayani Baylon	Senior VP of Sustainability	2.4yrs	no data	0.00029% ₱ 134.9k
Patrick Garcia	VP of Internal Audit & Chief Audit Executive	4yrs	no data	0.0044% ₱ 2.0m
Romeo Tanalgo	Senior VP and Chief Security & Aviation Officer	3.8yrs	no data	0.0052% ₱ 2.4m
Barbara Anne Migallos	Corporate Secretary	no data	no data	no data
Christopher Fernandez	Vice President of Process & Technology Innovation	1.8yrs	no data	no data
Rodrigo Gazmin	Assistant Vice President of Mining Business	no data	no data	no data

3.3yrs

Average Tenure

58yo

Average Age

Experienced Management: NIKL's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Martin Antonio Zamora	President	14.6yrs	₱177.78k	0.040% ₱ 18.4m
Florencia Tarriela	Lead Independent Director	2.4yrs	₱300.00k	0.00012% ₱ 55.8k
James J. K. Hung	Independent Director	less than a year	no data	0.000010% ₱ 4.7k
Jose Isidro Navato Camacho	Chairman	less than a year	no data	0.000010% ₱ 4.7k
Manuel Zamora	Member of Board of Advisor	3yrs	no data	no data
Frederick Dy	Member of Board of Advisors	3yrs	no data	no data
Philip Ang	Member of Board of Advisors	3yrs	₱288.89k	no data
Maria Riingen	Vice Chairman of the Board	5.7yrs	₱100.00k	0.0066% ₱ 3.0m
Yusuke Niwa	Non-Executive Director	3.4yrs	no data	0.000010% ₱ 4.7k
Harvey Ang	Non-Executive Director	2.6yrs	₱33.33k	0.091% ₱ 42.2m
Shiro Imai	Non-Executive Director	2.6yrs	₱66.67k	0.000010% ₱ 4.7k
Leonidas Juan Mariano Virata	Non-Executive Director	2.6yrs	₱55.56k	no data

2.8yrs

Average Tenure

63yo

Average Age

Experienced Board: NIKL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 17:59
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nickel Asia Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Philip Felix	BofA Global Research
Edser Trinidad	CGS International
Amos Ong	CLSA

Nickel Asia Management

Management criteria checks 1/4

Key information

Recent management updates

Insider recently bought ₱363k worth of stock

Insider recently bought ₱365k worth of stock

Nickel Asia Corporation Announces Committee Changes

Insider recently sold ₱396k worth of stock

Insider recently sold ₱3.2m worth of stock

Nickel Asia Corporation, Annual General Meeting, Jun 07, 2024

Recent updates

Now 24% overvalued

Price target decreased by 23% to ₱3.45

Third quarter 2024 earnings released: EPS: ₱0.10 (vs ₱0.13 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Consensus EPS estimates fall by 12%

Second quarter 2024 earnings released: EPS: ₱0.07 (vs ₱0.063 in 2Q 2023)

Insider recently bought ₱363k worth of stock

Insider recently bought ₱365k worth of stock

Price target decreased by 24% to ₱4.46

Nickel Asia Corporation Announces Committee Changes

First quarter 2024 earnings released: EPS: ₱0.01 (vs ₱0.067 in 1Q 2023)

Price target decreased by 9.0% to ₱5.20

Consensus EPS estimates fall by 41%

Insider recently sold ₱396k worth of stock

Full year 2023 earnings: EPS and revenues miss analyst expectations

Insider recently sold ₱3.2m worth of stock

Upcoming dividend of ₱0.13 per share

Dividend of ₱0.13 announced

Nickel Asia Corporation, Annual General Meeting, Jun 07, 2024

Price target decreased by 13% to ₱6.69

Independent Director recently bought ₱519k worth of stock

Independent Director recently bought ₱4.9m worth of stock

Consensus EPS estimates increase by 19%

Upcoming dividend of ₱0.07 per share at 7.7% yield

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: ₱0.13 (vs ₱0.23 in 3Q 2022)

Nickel Asia Corporation Approves Declaration of Special Cash Dividend , Payable on December 7, 2023

Insider recently bought ₱210k worth of stock

Investor sentiment improves as stock rises 16%

Key Executive recently bought ₱386k worth of stock

Independent Director recently bought ₱4.1m worth of stock

Consensus EPS estimates fall by 17%

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: ₱0.06 (vs ₱0.20 in 2Q 2022)

Independent Director recently bought ₱1.4m worth of stock

Independent Director recently bought ₱464k worth of stock

First quarter 2023 earnings released: EPS: ₱0.07 (vs ₱0.079 in 1Q 2022)

Insider recently sold ₱1.1m worth of stock

Consensus EPS estimates fall by 26%

Price target decreased by 7.9% to ₱8.57

Upcoming dividend of ₱0.17 per share at 6.0% yield

Full year 2022 earnings released: EPS: ₱0.58 (vs ₱0.57 in FY 2021)

Investor sentiment improves as stock rises 16%

Price target increased to ₱9.49

Consensus forecasts updated

Less than half of directors are independent

Nickel Asia Corporation Announces Special Dividend, Payable on December 9, 2022

Nickel Asia Corporation (PSE:NIKL) acquire 5.625% of Coral Bay Nickel Corporation from Sumitomo Metal Mining Co., Ltd. (TSE:5713) for $26 million.

Price target decreased to ₱8.78

Now 20% undervalued after recent price drop

Insider recently bought ₱189k worth of stock

Nickel Asia Corporation Announces Board Changes

Second quarter 2022 earnings released: EPS: ₱0.20 (vs ₱0.16 in 2Q 2021)

Nickel Asia Corporation Announces Board Changes

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ₱8.88

Less than half of directors are independent

Nickel Asia Corporation Declares Special Cash Dividends, Payable on April 7, 2022

Consensus forecasts updated

Price target increased to ₱8.88

Upcoming dividend of ₱0.22 per share

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Executive Chairman recently sold ₱407k worth of stock

Executive Chairman recently sold ₱235k worth of stock

Insider recently bought ₱394k worth of stock

Upcoming dividend of ₱0.22 per share

Third quarter 2021 earnings released: EPS ₱0.25 (vs ₱0.14 in 3Q 2020)

Executive Chairman recently bought ₱844k worth of stock