Nickel Industries (ASX:NIC) Moat Score: 3/10 (As of Jul. 02, 2026)


ASX:NIC Nickel Industries Ltd ASX:NIC
65 GF Score
Price A$0.96
GF Value A$0.75
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Nickel Industries Moat Score?

Nickel Industries ASX:NIC +1.05% 65 Moat Score is 3 as of Jul. 02, 2026. GuruFocus rates ASX:NIC with a GF Score™ of 65/100 and a GF Value™ of A$0.75 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 2,611 Metals & Mining companies, Nickel Industries ranks better than 94.03% on this metric.

Nickel Industries has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Nickel Industries has No Moat: Nickel Industries Ltd has a very weak moat due to its presence in the competitive mining industry with minimal differentiation, lacking significant intellectual property, brand strength, and customer loyalty.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Nickel Industries might have No Moat - Very weak/transient advantages.

Nickel Industries  (ASX:NIC) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Nickel Industries Moat Score Related Terms

Nickel Industries Moat Score Competitor Comparison

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

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

* The bar in red indicates where Nickel Industries's Moat Score falls into.


ASX:NIC
65GF Score
Nickel Industries Ltd ASX:NIC
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Nickel Industries (ASX:NIC) has a Moat Score of 3 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Nickel Industries ranks #156 out of 2611 companies in the Metals & Mining industry, placing it in the top 6%.
Is Nickel Industries' Moat Score too high?
Nickel Industries' current Moat Score is 3. The Metals & Mining industry median Moat Score is 1.00. Nickel Industries' value of 3 is 200% above this industry median. Based on the distribution chart, Nickel Industries ranks #156 out of 2611 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. 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' Moat Score compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Industries ranks #156 out of 2611 companies for Moat Score. This places Nickel Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Nickel Industries' value of 3 is 200% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,611 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nickel Industries's current Moat Score of 3 is 200% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Industries's current Moat Score is 3. 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$0.75, compared to a current price of A$0.96 — trading 28% above its estimated fair value. The current Moat Score is 3 and 200% above the Metals & Mining industry median of 1.00. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Moat Score is 3 as of Jul. 02, 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$0.96 is trading 28% above its estimated GF Value™ of A$0.75. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

  • Moat Score: 3
  • GF Value™: A$0.75 vs. price of A$0.96 (28% above fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 200% above the Metals & Mining median (#156 of 2611)

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.
65GF Score

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

A$0.96
Price
A$0.75
GF Value