Nickel AsiaPHS:NIKL +1.87%90 Net Margin % is 12.16% as of Mar. 2026, which is 30% below its 10-year median of 17.36. GuruFocus rates PHS:NIKL with a GF Score™ of 90/100 and a GF Value™ of ₱4.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 843 Metals & Mining companies, Nickel Asia ranks better than 79.24% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nickel Asia's Net Income for the
three
months ended in Mar. 2026 was ₱372 Mil. Nickel Asia's Revenue for the
three
months ended in Mar. 2026 was ₱3,057 Mil. Therefore, Nickel Asia's net margin for the quarter that ended in Mar. 2026 was 12.16%.
The historical rank and industry rank for Nickel Asia's Net Margin % or its related term are showing as below:
PHS:NIKL'
s Net Margin % Range Over the Past 10 Years
Min: 7.06 Med: 17.36 Max: 29.64
Current: 22.01
PHS:NIKL's Net Margin % is ranked better than 79.24% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs PHS:NIKL: 22.01
Nickel Asia (PHS:NIKL) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Nickel Asia Net Margin % Related Terms
Nickel Asia Net Margin % Historical Data
* Premium members only.
The historical data trend for Nickel Asia's Net Margin % 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.
For the Other Industrial Metals & Mining subindustry, Nickel Asia's Net Margin %, along with its competitors' market caps and Net Margin % 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 Asia Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nickel Asia's Net Margin % falls into.
* 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 Asia (PHS:NIKL) has a Net Margin % of 12.16% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nickel Asia and its competitors. This is 30% below median its historical median of 17.36. Over the past decade, Nickel Asia's Net Margin % has ranged from 7.06 to 29.64. According to the industry distribution chart, Nickel Asia ranks #175 out of 843 companies in the Metals & Mining industry, placing it in the top 20.8%.
Is Nickel Asia's Net Margin % too high?
Nickel Asia's current Net Margin % of 12.16% is 30% below median its 10-year median of 17.36. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 29.64. The Metals & Mining industry median Net Margin % is 3.41. Nickel Asia's value of 12.16% is 256.6% above this industry median. Based on the distribution chart, Nickel Asia ranks #175 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nickel Asia has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Net Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #175 out of 843 companies for Net Margin %. This places Nickel Asia in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Nickel Asia's value of 12.16% is 256.6% above this benchmark. Historically, Nickel Asia's own Net Margin % has ranged from 7.06 to 29.64 over the past decade. While the company's 10-year median is 17.36 vs. the industry median of 3.41, Nickel Asia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nickel Asia's current Net Margin % of 12.16% is 256.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nickel Asia and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Asia's current Net Margin % is 12.16%, which is 30% below median its own 10-year median of 17.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.81, compared to a current price of ₱4.35 — trading 9.6% below its estimated fair value. The current Net Margin % is 12.16%, which is 30% below median its 10-year median of 17.36 and 256.6% above the Metals & Mining industry median of 3.41. Nickel Asia's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nickel Asia (PHS:NIKL), the current Net Margin % is 12.16% as of Mar. 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 Asia (PHS:NIKL) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued.
The current stock price of ₱4.35 is trading 9.6% below its estimated GF Value™ of ₱4.81.
GuruFocus considers Nickel Asia to be Modestly Undervalued.
Key valuation signals for PHS:NIKL:
Net Margin %: 12.16% (30% below median its 10-year median of 17.36)
GF Value™: ₱4.81 vs. price of ₱4.35 (9.6% below fair value)
Industry Position: 256.6% above the Metals & Mining median (#175 of 843)
No single metric tells the full story. See the PHS:NIKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
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