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NORDIC MINING ASA (NOM.OL) Stock Fundamental Analysis

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

20.8  -0.1 (-0.48%)

Fundamental Rating

2

Taking everything into account, NOM scores 2 out of 10 in our fundamental rating. NOM was compared to 38 industry peers in the Metals & Mining industry. While NOM seems to be doing ok healthwise, there are quite some concerns on its profitability. NOM has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year NOM has reported negative net income.
NOM had a negative operating cash flow in the past year.
In multiple years NOM reported negative net income over the last 5 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

With a Return On Assets value of -0.04%, NOM is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
NOM has a Return On Equity of -0.08%. This is in the lower half of the industry: NOM underperforms 63.16% of 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

NOM does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
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

The number of shares outstanding for NOM has been increased compared to 1 year ago.
Compared to 5 years ago, NOM has less shares outstanding
The debt/assets ratio for NOM has been reduced compared to a year ago.
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

NOM has an Altman-Z score of 0.86. This is a bad value and indicates that NOM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.86, NOM is not doing good in the industry: 84.21% of the companies in the same industry are doing better.
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 73.68% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 0.86
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

NOM has a Current Ratio of 3.43. This indicates that NOM is financially healthy and has no problem in meeting its short term obligations.
NOM has a better Current ratio (3.43) than 89.47% 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.
The Quick ratio of NOM (3.41) is better than 89.47% 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

Based on estimates for the next years, NOM will show a very strong growth in Earnings Per Share. The EPS will grow by 67.47% on average per year.
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 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 2024 2025 2026 2027 0 2 -2 -4 -6

1

4. Valuation

4.1 Price/Earnings Ratio

NOM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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 (4/28/2025, 11:17:07 AM)

20.8

-0.1 (-0.48%)

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 Cap2.25B
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 1.5
P/tB 1.5
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 0.86
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 Year19.68%
EBIT Next 3Y140.61%
EBIT Next 5Y96%
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