PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) Enterprise Value: ₽3,560,853 Mil (As of Jul. 30, 2026) ***

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MIC:GMKN PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
17 GF Score
Price ₽114.46
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What is PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value?

PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN +0.95% 17 Enterprise Value is ₽3,560,853 Mil as of Jul. 30, 2026. GuruFocus rates MIC:GMKN with a GF Score™ of 17/100.

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, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽351,869 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-EBIT ratio for today is 10.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₽451,744 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-EBITDA ratio for today is 7.88.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₽1,235,167 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-Revenue ratio for today is 2.88.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was ₽491,466 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-OCF ratio for today is 7.25.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was ₽230,654 Mil. Therefore, PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-FCF ratio for today is 15.44.

*** 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.


PJSC Mining & Metallurgical Co Norilsk Nickel  (MIC:GMKN) 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.

PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3560853.031/351868.918
=10.12

PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. PJSC Mining & Metallurgical Co Norilsk Nickel's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽351,869 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3560853.031/451743.829
=7.88

PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. PJSC Mining & Metallurgical Co Norilsk Nickel's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₽451,744 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3560853.031/1235166.638
=2.88

PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. PJSC Mining & Metallurgical Co Norilsk Nickel's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₽1,235,167 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3560853.031/491465.853
=7.25

PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. PJSC Mining & Metallurgical Co Norilsk Nickel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was ₽491,466 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

PJSC Mining & Metallurgical Co Norilsk Nickel's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3560853.031/230654.27
=15.44

PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. PJSC Mining & Metallurgical Co Norilsk Nickel's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was ₽230,654 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.


PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value Related Terms


PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value Historical Data

* Premium members only.

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 292,466,556.95 362,315,458.96 349,581,471.47 234,568,706.41 248,048,836.98

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349,581,471.47 266,726,802.70 234,568,706.41 225,923,021.19 248,048,836.98

PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.


PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value falls into.


MIC:GMKN
17GF Score
PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PJSC Mining & Metallurgical Co Norilsk Nickel Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Enterprise Value (A: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=247210690.48+0+527213.906
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+396019.482+108185.773-193272.666
=248,048,837

PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

Enterprise Value (Q: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=247210690.48+0+527213.906
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+396019.482+108185.773-193272.666
=248,048,837

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₽3,560,853 Mil mean?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a Enterprise Value of ₽3,560,853 Mil as of Jul. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors.
Is PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value too high?
PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil. Overall, PJSC Mining & Metallurgical Co Norilsk Nickel has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value compare to competitors?
PJSC Mining & Metallurgical Co Norilsk Nickel's Enterprise Value of ₽3,560,853 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 PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors. PJSC Mining & Metallurgical Co Norilsk Nickel's current Enterprise Value is ₽3,560,853 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Mining & Metallurgical Co Norilsk Nickel stock overvalued right now?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a current Enterprise Value of ₽3,560,853 Mil. The current Enterprise Value is ₽3,560,853 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's overall GF Score™ is 17/100. 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 PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN), the current Enterprise Value is ₽3,560,853 Mil as of Jul. 30, 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Business Description

Address 15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.
17GF Score

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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽114.46
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