Nordic Iron Ore
Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron ore deposits in Västerbergslagen, Sweden. The company's products include ore concentrates, sinters, pellets, and lump ores. It also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K Nr. 1, Blötbergsgruvan K Nr. 2, Håksbergsgruvan K Nr. 1, and Södra… Read more
Market Cap & Net Worth: Nordic Iron Ore (NIO)
Nordic Iron Ore (ST:NIO) has a market capitalization of $24.64 Million (Skr276.42 Million) as of March 19, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #28941 globally and #409 in its home market, demonstrating a -1.93% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nordic Iron Ore's stock price Skr4.07 by its total outstanding shares 67915278 (67.92 Million).
Nordic Iron Ore Market Cap History: 2018 to 2026
Nordic Iron Ore's market capitalization history from 2018 to 2026. Data shows growth from $16.83 Million to $24.64 Million (0.79% CAGR).
Index Memberships
Nordic Iron Ore is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
First North Sweden PI
FNSESEKPI
|
$4.63 Billion | 0.20% | #100 of 281 |
Weight: Nordic Iron Ore's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Nordic Iron Ore Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nordic Iron Ore'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
16043.25x
Nordic Iron Ore's market cap is 16043.25 times its annual revenue
3.43x
Higher 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 |
|---|---|---|---|---|---|
| 2020 | $16.04 Million | $1.00K | -$9.74 Million | 16043.25x | N/A |
Competitor Companies of NIO by Market Capitalization
Companies near Nordic Iron Ore in the global market cap rankings as of March 19, 2026.
Key companies related to Nordic Iron Ore by market ranking:
- BHP Group Limited (NYSE:BHP): Ranked #83 globally with a market cap of $188.50 Billion USD.
- RIO Tinto Ltd (AU:RIO): Ranked #136 globally with a market cap of $137.49 Billion USD ( AU$222.06 Billion AUD).
- Rio Tinto Group (PINK:RTNTF): Ranked #208 globally with a market cap of $97.13 Billion USD.
- Glencore PLC (PINK:GLCNF): Ranked #728 globally with a market cap of $27.97 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #83 | BHP Group Limited | NYSE:BHP | $188.50 Billion | $70.48 |
| #136 | RIO Tinto Ltd | AU:RIO | $137.49 Billion | AU$155.18 |
| #208 | Rio Tinto Group | PINK:RTNTF | $97.13 Billion | $67.88 |
| #728 | Glencore PLC | PINK:GLCNF | $27.97 Billion | $3.02 |
Nordic Iron Ore Historical Marketcap From 2018 to 2026
Between 2018 and today, Nordic Iron Ore's market cap moved from $16.83 Million to $ 24.64 Million, with a yearly change of 0.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Skr24.64 Million | -24.91% |
| 2025 | Skr32.81 Million | +14.35% |
| 2024 | Skr28.70 Million | -37.63% |
| 2023 | Skr46.01 Million | -4.64% |
| 2022 | Skr48.25 Million | +77.51% |
| 2021 | Skr27.18 Million | +69.43% |
| 2020 | Skr16.04 Million | -14.24% |
| 2019 | Skr18.71 Million | +11.15% |
| 2018 | Skr16.83 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Nordic Iron Ore was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $24.64 Million USD |
| MoneyControl | $24.64 Million USD |
| MarketWatch | $24.64 Million USD |
| marketcap.company | $24.64 Million USD |
| Reuters | $24.64 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.