Nickel Industries Ltd (AU:NIC) — Market Cap & Net Worth

$2.38 Billion USD · AU$3.37 Billion AUD · Rank #5608

Market Cap & Net Worth: Nickel Industries Ltd (NIC)

Nickel Industries Ltd (AU:NIC) has a market capitalization of $2.38 Billion (AU$3.37 Billion) as of September 20, 2026. Listed on the AU stock exchange, this Australia-based company holds position #5608 globally and #130 in its home market, demonstrating a -4.91% decrease 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$0.78 by its total outstanding shares 4341935875 (4.34 Billion). Also see Nickel Industries Ltd asset portfolio for a full breakdown of the balance sheet.

Nickel Industries Ltd Market Cap History: 2018 to 2026

Nickel Industries Ltd's market capitalization history from 2018 to 2026. Data shows growth from $644.85 Million to $2.38 Billion (16.74% CAGR). Also see Nickel Industries Ltd cash flow conversion for how efficiently the company converts equity into cash flow.

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	$1.96 Trillion	0.12%	#112 of 495
S&P/ASX All Australian 200 AXAT	$1.88 Trillion	0.13%	#109 of 200
S&P/ASX 200 AXJO	$1.84 Trillion	0.13%	#102 of 200
S&P/ASX 200 Accumulated AXJOA	$1.84 Trillion	0.13%	#102 of 200
S&P/ASX 300 AXKO	$2.13 Trillion	0.11%	#117 of 300
S&P/ASX 300 Metals & Mining AXMM	$458.78 Billion	0.52%	#22 of 40
ASX Small Ordinaries AXSO	$292.43 Billion	0.81%	#35 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. Check NIC share price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

1.50x

Nickel Industries Ltd's market cap is 1.50 times its annual revenue

Industry average: 119.89x Lower than industry average

Latest 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	$644.85 Million	$45.39 Million	$45.81 Million	14.21x	14.08x
2019	$1.59 Billion	$477.81 Million	$113.28 Million	3.33x	14.07x
2020	$2.84 Billion	$401.46 Million	$110.61 Million	7.07x	25.67x
2021	$3.81 Billion	$468.19 Million	$99.98 Million	8.13x	38.07x
2022	$2.68 Billion	$1.22 Billion	$158.98 Million	2.20x	16.83x
2023	$2.00 Billion	$1.88 Billion	$121.60 Million	1.07x	16.48x
2024	$2.53 Billion	$1.74 Billion	-$168.59 Million	1.45x	N/A
2025	$2.57 Billion	$1.71 Billion	-$59.05 Million	1.50x	N/A

Competitor Companies of NIC by Market Capitalization

Companies near Nickel Industries Ltd in the global market cap rankings as of September 20, 2026. Review Nickel Industries Ltd tangible book value ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Nickel Industries Ltd by market ranking:

BHP Group Ltd (AU:BHP): Ranked #91 globally with a market cap of $219.47 Billion USD ( AU$310.18 Billion AUD).
BHP Group (MX:BHPN): Ranked #92 globally with a market cap of $219.15 Billion USD ( MX$3.81 Trillion MXN).
Rio Tinto Group (MX:RION): Ranked #192 globally with a market cap of $127.72 Billion USD ( MX$2.22 Trillion MXN).
Rio Tinto Group (F:RIOA): Ranked #202 globally with a market cap of $123.49 Billion USD ( €105.63 Billion EUR).

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#91	BHP Group Ltd	AU:BHP	$219.47 Billion	AU$61.05
#92	BHP Group	MX:BHPN	$219.15 Billion	MX$1499.00
#192	Rio Tinto Group	MX:RION	$127.72 Billion	MX$1769.00
#202	Rio Tinto Group	F:RIOA	$123.49 Billion	€84.20

Nickel Industries Ltd Historical Marketcap From 2018 to 2026

Between 2018 and today, Nickel Industries Ltd's market cap moved from $644.85 Million to $ 2.38 Billion, with a yearly change of 16.74%.

Year	Market Cap	Change (%)
2026	AU$2.38 Billion	-7.19%
2025	AU$2.57 Billion	+1.21%
2024	AU$2.53 Billion	+26.51%
2023	AU$2.00 Billion	-25.14%
2022	AU$2.68 Billion	-29.69%
2021	AU$3.81 Billion	+34.05%
2020	AU$2.84 Billion	+78.23%
2019	AU$1.59 Billion	+147.07%
2018	AU$644.85 Million	--

End of Day Market Cap According to Different Sources

On Sep 20th, 2026 the market cap of Nickel Industries Ltd was reported to be:

Source	Market Cap
Yahoo Finance	$2.38 Billion USD
MoneyControl	$2.38 Billion USD
MarketWatch	$2.38 Billion USD
marketcap.company	$2.38 Billion USD
Reuters	$2.38 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Nickel Industries Ltd

AU:NIC Australia Other Industrial Metals & Mining

Market Cap

$2.38 Billion

AU$3.37 Billion AUD

Market Cap Rank

#5608 Global

#130 in Australia

Share Price

AU$0.78

Change (1 day)

-1.27%

52-Week Range

AU$0.67 - AU$1.10

All Time High

AU$1.45