Nickel Industries (ASX:NIC) Gross Profit: A$428 Mil (TTM As of Dec. 2025)

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ASX:NIC Nickel Industries Ltd ASX:NIC
58 GF Score
Price A$0.85
GF Value A$0.69
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Nickel Industries Gross Profit?

Nickel Industries ASX:NIC -2.86% 58 Gross Profit is A$428 Mil as of Dec. 2025. GuruFocus rates ASX:NIC with a GF Score™ of 58/100 and a GF Value™ of A$0.69 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Nickel Industries's gross profit for the six months ended in Dec. 2025 was A$164 Mil. Nickel Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$428 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nickel Industries's gross profit for the six months ended in Dec. 2025 was A$164 Mil. Nickel Industries's Revenue for the six months ended in Dec. 2025 was A$1,233 Mil. Therefore, Nickel Industries's Gross Margin % for the quarter that ended in Dec. 2025 was 13.26%.

Nickel Industries had a gross margin of 13.26% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Nickel Industries was 39.13%. The lowest was 17.04%. And the median was 26.77%.

Warning Sign:

Nickel Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -17.2%.


Nickel Industries  (ASX:NIC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nickel Industries had a gross margin of 13.26% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


Nickel Industries Gross Profit Related Terms


Nickel Industries Gross Profit Historical Data

* Premium members only.

The historical data trend for Nickel Industries's Gross Profit 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 Gross Profit Chart

Nickel Industries Annual Data
Trend Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 353.32 534.15 671.83 496.84 422.85

Nickel Industries Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Profit 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 407.43 241.12 244.03 264.61 163.58

Nickel Industries Gross Profit Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nickel Industries's Gross Profit falls into.


ASX:NIC
58GF Score
Nickel Industries Ltd ASX:NIC
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Industries Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Nickel Industries's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2481.896 - 2059.048
=423

Nickel Industries's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=1233.192 - 1069.611
=164

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$428 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Nickel Industries's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=164 / 1233.192
=13.26 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of A$428 Mil mean?
Nickel Industries (ASX:NIC) has a Gross Profit of A$428 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Nickel Industries and its competitors.
Is Nickel Industries' Gross Profit too high?
Nickel Industries' current Gross Profit is A$428 Mil. Overall, Nickel Industries has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Gross Profit compare to competitors?
Nickel Industries' Gross Profit of A$428 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 Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Nickel Industries and its competitors. Nickel Industries's current Gross Profit is A$428 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$0.69, compared to a current price of A$0.85 — trading 23.2% above its estimated fair value. The current Gross Profit is A$428 Mil. Nickel Industries' overall GF Score™ is 58/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Gross Profit is A$428 Mil as of Dec. 2025. 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$0.85 is trading 23.2% above its estimated GF Value™ of A$0.69. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

  • Gross Profit: A$428 Mil
  • GF Value™: A$0.69 vs. price of A$0.85 (23.2% above fair value)
  • GF Score™: 58/100 with 10 warning signs

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 Business Description

Other Exchanges NICMF:USANM5:Germany
Address 66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
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.
58GF Score

Get the complete analysis for ASX:NIC

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

A$0.85
Price
A$0.69
GF Value