Nickel Industries (ASX:NIC) Property, Plant and Equipment: A$2,350 Mil (As of Dec. 2025)


ASX:NIC Nickel Industries Ltd ASX:NIC
63 GF Score
Price A$0.94
GF Value A$0.73
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Nickel Industries Property, Plant and Equipment?

Nickel Industries ASX:NIC -1.05% 63 Property, Plant and Equipment is A$2,350 Mil as of Dec. 2025. GuruFocus rates ASX:NIC with a GF Score™ of 63/100 and a GF Value™ of A$0.73 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Nickel Industries's quarterly net PPE declined from Dec. 2024 (A$2,572 Mil) to Jun. 2025 (A$2,435 Mil) and declined from Jun. 2025 (A$2,435 Mil) to Dec. 2025 (A$2,350 Mil).

Nickel Industries's annual net PPE declined from Dec. 2023 (A$2,781 Mil) to Dec. 2024 (A$2,572 Mil) and declined from Dec. 2024 (A$2,572 Mil) to Dec. 2025 (A$2,350 Mil).


Nickel Industries  (ASX:NIC) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Nickel Industries Property, Plant and Equipment Related Terms


Nickel Industries Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Nickel Industries's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Nickel Industries Annual Data
Trend Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial 1,812.20 2,848.57 2,781.31 2,571.98 2,349.98

Nickel Industries Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Property, Plant and Equipment 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 2,781.31 2,774.64 2,571.98 2,435.10 2,349.98
ASX:NIC
63GF Score
Nickel Industries Ltd ASX:NIC
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Industries Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of A$2,350 Mil mean?
Nickel Industries (ASX:NIC) has a Property, Plant and Equipment of A$2,350 Mil as of Dec. 2025. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Nickel Industries and its competitors.
Is Nickel Industries' Property, Plant and Equipment too high?
Nickel Industries' current Property, Plant and Equipment is A$2,350 Mil. Overall, Nickel Industries has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Industries' Property, Plant and Equipment compare to competitors?
Nickel Industries' Property, Plant and Equipment of A$2,350 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 Property, Plant and Equipment for a Metals & Mining company?
A good Property, Plant and Equipment depends on the Metals & Mining industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Nickel Industries and its competitors. Nickel Industries's current Property, Plant and Equipment is A$2,350 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$0.73, compared to a current price of A$0.94 — trading 28.8% above its estimated fair value. The current Property, Plant and Equipment is A$2,350 Mil. Nickel Industries' overall GF Score™ is 63/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Nickel Industries (ASX:NIC), the current Property, Plant and Equipment is A$2,350 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$0.94 is trading 28.8% above its estimated GF Value™ of A$0.73. GuruFocus considers Nickel Industries to be Modestly Overvalued.

Key valuation signals for ASX:NIC:

  • Property, Plant and Equipment: A$2,350 Mil
  • GF Value™: A$0.73 vs. price of A$0.94 (28.8% above fair value)
  • GF Score™: 63/100 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.
63GF Score

Get the complete analysis for ASX:NIC

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

A$0.94
Price
A$0.73
GF Value