Nickel Industries Limited engages in nickel ore mining, nickel pig iron, cobalt, and nickel matte production activities. It is also involved in the production of mixed hydroxide precipitate for use in the electric vehicle supply chain. The company was formerly known as Nickel Mines Limited and changed its name to Nickel Industries Limited in June 2022. The company was incorporated in 2007 and is based in Sydney, Australia.
Market Cap & Net Worth: Nickel Industries Ltd (NIC)
Nickel Industries Ltd (AU:NIC) has a market capitalization of $1.93 Billion (AU$3.12 Billion ) as of June 20, 2025. Listed on the AU stock exchange, this Australia-based company holds position #6909 globally and #77 in its home market, demonstrating a 1.41% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nickel Industries Ltd's stock price AU$0.72 by its total outstanding shares 4339939840 (4.34 Billion).
Nickel Industries Ltd Market Cap History: 2018 to 2025
Nickel Industries Ltd's market capitalization history from 2018 to 2025. Data shows growth from $564.05 Million to $ 1.93 Billion (18.81% CAGR).
Index Memberships
Nickel Industries Ltd is a constituent of 7 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
Australia All Ordinaries
AORD
|
$441.43 Billion | 0.20% | #64 of 495 |
|
S&P/ASX All Australian 200
AXAT
|
$403.52 Billion | 0.22% | #60 of 200 |
|
S&P/ASX 200
AXJO
|
$388.97 Billion | 0.23% | #55 of 200 |
|
S&P/ASX 200 Accumulated
AXJOA
|
$388.97 Billion | 0.23% | #55 of 200 |
|
S&P/ASX 300
AXKO
|
$481.45 Billion | 0.18% | #66 of 300 |
|
S&P/ASX 300 Metals & Mining
AXMM
|
$115.10 Billion | 0.77% | #8 of 40 |
|
ASX Small Ordinaries
AXSO
|
$72.05 Billion | 1.23% | #31 of 200 |
Weight: Nickel Industries Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Nickel Industries Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nickel Industries Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.27x
Nickel Industries Ltd's market cap is 1.27 times its annual revenue
62743.63x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $564.05 Million | $64.94 Million | $65.53 Million | 8.69x | 8.61x |
| 2019 | $1.39 Billion | $679.36 Million | $162.62 Million | 2.05x | 8.57x |
| 2020 | $2.48 Billion | $760.41 Million | $160.67 Million | 3.27x | 15.46x |
| 2021 | $3.33 Billion | $860.59 Million | $137.94 Million | 3.87x | 24.14x |
| 2022 | $2.34 Billion | $1.76 Billion | $229.33 Million | 1.33x | 10.21x |
| 2023 | $1.75 Billion | $2.76 Billion | $178.41 Million | 0.64x | 9.82x |
| 2024 | $2.22 Billion | $1.74 Billion | -$168.59 Million | 1.27x | N/A |
Competitor Companies of NIC by Market Capitalization
Companies near Nickel Industries Ltd in the global market cap rankings as of June 20, 2025.
Key companies related to Nickel Industries Ltd by market ranking:
- BHP Group Limited (NYSE:BHP): Ranked #134 globally with a market cap of $125.10 Billion USD.
- Rio Tinto Group (PINK:RTNTF): Ranked #217 globally with a market cap of $84.23 Billion USD.
- Rio Tinto Ltd (AU:RIO): Ranked #226 globally with a market cap of $81.42 Billion USD ( AU$131.49 Billion AUD).
- Glencore PLC (PINK:GLCNF): Ranked #623 globally with a market cap of $29.69 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #134 | BHP Group Limited | NYSE:BHP | $125.10 Billion | $47.62 |
| #217 | Rio Tinto Group | PINK:RTNTF | $84.23 Billion | $67.88 |
| #226 | Rio Tinto Ltd | AU:RIO | $81.42 Billion | AU$106.00 |
| #623 | Glencore PLC | PINK:GLCNF | $29.69 Billion | $3.02 |
Nickel Industries Ltd Historical Marketcap From 2018 to 2025
Between 2018 and today, Nickel Industries Ltd's market cap moved from $564.05 Million to $ 1.93 Billion, with a yearly change of 18.81%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | AU$1.93 Billion | -12.73% |
| 2024 | AU$2.22 Billion | +26.51% |
| 2023 | AU$1.75 Billion | -25.14% |
| 2022 | AU$2.34 Billion | -29.69% |
| 2021 | AU$3.33 Billion | +34.05% |
| 2020 | AU$2.48 Billion | +78.23% |
| 2019 | AU$1.39 Billion | +147.07% |
| 2018 | AU$564.05 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 19th, 2025 the market cap of Nickel Industries Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.93 Billion USD |
| MoneyControl | $1.93 Billion USD |
| MarketWatch | $1.93 Billion USD |
| MarketCap.Company | $1.93 Billion USD |
| Reuters | $1.93 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.