Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nickel Industries's Enterprise Value is A$5,842 Mil.
Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$205 Mil. Therefore, Nickel Industries's EV-to-EBIT ratio for today is 28.56.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nickel Industries's Enterprise Value is A$5,842 Mil.
Nickel Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$380 Mil. Therefore, Nickel Industries's EV-to-EBITDA ratio for today is 15.38.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nickel Industries's Enterprise Value is A$5,842 Mil.
Nickel Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,508 Mil. Therefore, Nickel Industries's EV-to-Revenue ratio for today is 2.33.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Nickel Industries (ASX:NIC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Nickel Industries's current Enterprise Value is A$5,842 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$205 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Nickel Industries's current Enterprise Value is A$5,842 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$380 Mil.
Nickel Industries's current Enterprise Value is A$5,842 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,508 Mil.
Nickel Industries's current Enterprise Value is A$5,842 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$285 Mil.
Nickel Industries's current Enterprise Value is A$5,842 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$230 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nickel Industries Enterprise Value Related Terms
Nickel Industries Enterprise Value Historical Data
* Premium members only.
The historical data trend for Nickel Industries's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nickel Industries Enterprise Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Nickel Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nickel Industries Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Nickel Industries's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Nickel Industries's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nickel Industries (ASX:NIC) has a Enterprise Value of A$5,842 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nickel Industries and its competitors.
Is Nickel Industries' Enterprise Value too high?
Nickel Industries' current Enterprise Value is A$5,842 Mil. Overall, Nickel Industries has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Enterprise Value compare to competitors?
Nickel Industries' Enterprise Value of A$5,842 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Nickel Industries and its competitors. Nickel Industries's current Enterprise Value is A$5,842 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Industries stock overvalued right now?
Based on GuruFocus' analysis, Nickel Industries (ASX:NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.74, compared to a current price of A$0.90 — trading 21.6% above its estimated fair value. The current Enterprise Value is A$5,842 Mil. Nickel Industries' overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Enterprise Value is A$5,842 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nickel Industries (ASX:NIC) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Industries stock appears to be overvalued.
The current stock price of A$0.90 is trading 21.6% above its estimated GF Value™ of A$0.74.
GuruFocus considers Nickel Industries to be Modestly Overvalued.
Key valuation signals for ASX:NIC:
Enterprise Value: A$5,842 Mil
GF Value™: A$0.74 vs. price of A$0.90 (21.6% above fair value)
No single metric tells the full story. See the ASX:NIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore, and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in proximity to the IMIP.
65GF Score
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