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NORDIC MINING ASA (NOM.OL) Stock Fundamental Analysis

OSL:NOM - Euronext Oslo - NO0013162693 - Common Stock - Currency: NOK

22  +1 (+4.76%)

Fundamental Rating

2

Overall NOM gets a fundamental rating of 2 out of 10. We evaluated NOM against 37 industry peers in the Metals & Mining industry. While NOM seems to be doing ok healthwise, there are quite some concerns on its profitability. NOM does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

NOM had negative earnings in the past year.
In the past year NOM has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: NOM reported negative net income in multiple years.
NOM had a negative operating cash flow in each of the past 5 years.
NOM.OL Yearly Net Income VS EBIT VS OCF VS FCFNOM.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M -400M -600M -800M

1.2 Ratios

Looking at the Return On Assets, with a value of -0.04%, NOM is in line with its industry, outperforming 43.24% of the companies in the same industry.
NOM has a Return On Equity (-0.08%) which is in line with its industry peers.
Industry RankSector Rank
ROA -0.04%
ROE -0.08%
ROIC N/A
ROA(3y)4.67%
ROA(5y)-0.81%
ROE(3y)14.57%
ROE(5y)4.93%
ROIC(3y)N/A
ROIC(5y)N/A
NOM.OL Yearly ROA, ROE, ROICNOM.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 -60 -80

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for NOM so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NOM.OL Yearly Profit, Operating, Gross MarginsNOM.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023

4

2. Health

2.1 Basic Checks

NOM has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NOM has been reduced compared to 5 years ago.
Compared to 1 year ago, NOM has an improved debt to assets ratio.
NOM.OL Yearly Shares OutstandingNOM.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M
NOM.OL Yearly Total Debt VS Total AssetsNOM.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

2.2 Solvency

Based on the Altman-Z score of 0.90, we must say that NOM is in the distress zone and has some risk of bankruptcy.
NOM has a worse Altman-Z score (0.90) than 75.68% of its industry peers.
NOM has a Debt/Equity ratio of 0.63. This is a neutral value indicating NOM is somewhat dependend on debt financing.
The Debt to Equity ratio of NOM (0.63) is worse than 72.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 0.9
ROIC/WACCN/A
WACCN/A
NOM.OL Yearly LT Debt VS Equity VS FCFNOM.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M -500M 1B 1.5B

2.3 Liquidity

A Current Ratio of 3.43 indicates that NOM has no problem at all paying its short term obligations.
The Current ratio of NOM (3.43) is better than 91.89% of its industry peers.
NOM has a Quick Ratio of 3.41. This indicates that NOM is financially healthy and has no problem in meeting its short term obligations.
NOM's Quick ratio of 3.41 is amongst the best of the industry. NOM outperforms 94.59% of its industry peers.
Industry RankSector Rank
Current Ratio 3.43
Quick Ratio 3.41
NOM.OL Yearly Current Assets VS Current LiabilitesNOM.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 87.56% over the past year.
EPS 1Y (TTM)87.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

NOM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 67.47% yearly.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-25.86%
EPS Next 2Y-12.19%
EPS Next 3Y102.61%
EPS Next 5Y67.47%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NOM.OL Yearly Revenue VS EstimatesNOM.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
NOM.OL Yearly EPS VS EstimatesNOM.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 -4 -6

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NOM. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NOM. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NOM.OL Price Earnings VS Forward Price EarningsNOM.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -200 -400 -600 -800 -1K

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NOM.OL Per share dataNOM.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 -10

4.3 Compensation for Growth

NOM's earnings are expected to grow with 102.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.19%
EPS Next 3Y102.61%

0

5. Dividend

5.1 Amount

No dividends for NOM!.
Industry RankSector Rank
Dividend Yield N/A

NORDIC MINING ASA

OSL:NOM (3/7/2025, 7:00:00 PM)

22

+1 (+4.76%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-04 2025-02-04
Earnings (Next)05-21 2025-05-21
Inst Owners10.93%
Inst Owner ChangeN/A
Ins Owners1.08%
Ins Owner ChangeN/A
Market Cap2.39B
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)75.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 1.58
P/tB 1.58
EV/EBITDA N/A
EPS(TTM)-0.02
EYN/A
EPS(NY)-0.54
Fwd EYN/A
FCF(TTM)-12.1
FCFYN/A
OCF(TTM)-0.32
OCFYN/A
SpS0
BVpS13.9
TBVpS13.9
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.04%
ROE -0.08%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)4.67%
ROA(5y)-0.81%
ROE(3y)14.57%
ROE(5y)4.93%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 369220%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.43
Quick Ratio 3.41
Altman-Z 0.9
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)133750%
Cap/Depr(5y)80368.6%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)87.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y-25.86%
EPS Next 2Y-12.19%
EPS Next 3Y102.61%
EPS Next 5Y67.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-169.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-804.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y15.38%
OCF growth 3YN/A
OCF growth 5YN/A