NXNIF (NorthX Nickel) ROE % Adjusted to Book Value: -3.79% (As of Mar. 2026)

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NXNIF NorthX Nickel Corp NXNIF
32 GF Score
Price $0.14
! 1 Warning Sign
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What is NorthX Nickel ROE % Adjusted to Book Value?

NorthX Nickel NXNIF 32 ROE % Adjusted to Book Value is -3.79% as of Mar. 2026. GuruFocus rates NXNIF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review.

NorthX Nickel's ROE % for the quarter that ended in Mar. 2026 was -10.01%. NorthX Nickel's PB Ratio for the quarter that ended in Mar. 2026 was 2.64. NorthX Nickel's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -3.79%.

NorthX Nickel ROE % Adjusted to Book Value Related Terms

NorthX Nickel ROE % Adjusted to Book Value Historical Data

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The historical data trend for NorthX Nickel's ROE % Adjusted to Book 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.

NorthX Nickel ROE % Adjusted to Book Value Chart

NorthX Nickel Annual Data
Trend Sep20 Sep21 Sep22 Dec24 Dec25
ROE % Adjusted to Book Value
0.00 0.00 0.00 -2,992.02 -11.10

NorthX Nickel Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book 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 -40.69 -27.21 -18.11 -3.80 -3.79

NorthX Nickel ROE % Adjusted to Book Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NorthX Nickel's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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.

NorthX Nickel ROE % Adjusted to Book Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NorthX Nickel's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where NorthX Nickel's ROE % Adjusted to Book Value falls into.


NXNIF
32GF Score
NorthX Nickel Corp NXNIF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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NorthX Nickel ROE % Adjusted to Book Value Calculation

NorthX Nickel's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-28.41% / 2.56
=-11.10%

NorthX Nickel's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-10.01% / 2.64
=-3.79%

* 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.

What does a ROE % Adjusted to Book Value of -3.79% mean?
NorthX Nickel (NXNIF) has a ROE % Adjusted to Book Value of -3.79% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NorthX Nickel and its competitors.
Is NorthX Nickel's ROE % Adjusted to Book Value too high?
NorthX Nickel's current ROE % Adjusted to Book Value is -3.79%. Overall, NorthX Nickel has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NorthX Nickel's ROE % Adjusted to Book Value compare to competitors?
NorthX Nickel's ROE % Adjusted to Book Value of -3.79% 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 ROE % Adjusted to Book Value for a Metals & Mining company?
A good ROE % Adjusted to Book Value depends on the Metals & Mining industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NorthX Nickel and its competitors. NorthX Nickel's current ROE % Adjusted to Book Value is -3.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthX Nickel stock overvalued right now?
NorthX Nickel (NXNIF) has a current ROE % Adjusted to Book Value of -3.79%. The current ROE % Adjusted to Book Value is -3.79%. NorthX Nickel's overall GF Score™ is 32/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For NorthX Nickel (NXNIF), the current ROE % Adjusted to Book Value is -3.79% 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.

NorthX Nickel Business Description

Other Exchanges 6YR:GermanyNIX:Canada
Address 200 Burrard Street, 1200 Waterfront Centre, Vancouver, BC, CAN, V6C 3L6
NorthX Nickel Corp is engaged in the exploration of mineral claims located in Quebec and Ontario, Canada. Its properties include the Grasset Project is a resource-exploration stage Ni-Cu-Co-PGM project, the RUM project, and the Gargoyle, Ghost and Goblin properties. Its other projects include Parkin, Sudbury W, Wahnapitae, Wisner, NW Ontario, Ontario Other, and Quebec Other. The company operates in a single reportable operating segment, being the acquisition, exploration and development of its Canadian exploration and evaluation properties.
32GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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