NORDIC MINING ASA (NOM.OL) Stock Fundamental Analysis

OSL:NOM • NO0013162693

11.1 NOK
-0.06 (-0.54%)
Last: Feb 25, 2026, 04:14 PM
Fundamental Rating

2

Overall NOM gets a fundamental rating of 2 out of 10. We evaluated NOM against 40 industry peers in the Metals & Mining industry. NOM scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. NOM has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • NOM had negative earnings in the past year.
  • In multiple years NOM reported negative net income over the last 5 years.
  • In the past 5 years NOM always reported negative operating cash flow.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -500M -1B

1.2 Ratios

  • NOM's Return On Assets of -13.25% is on the low side compared to the rest of the industry. NOM is outperformed by 87.50% of its industry peers.
  • NOM has a worse Return On Equity (-44.55%) than 90.00% of its industry peers.
Industry RankSector Rank
ROA -13.25%
ROE -44.55%
ROIC N/A
ROA(3y)-6.08%
ROA(5y)-0.56%
ROE(3y)-18.57%
ROE(5y)-1.8%
ROIC(3y)N/A
ROIC(5y)N/A
NOM.OL Yearly ROA, ROE, ROICNOM.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -2K -4K -6K -8K

4

2. Health

2.1 Basic Checks

  • Compared to 1 year ago, NOM has about the same amount of shares outstanding.
  • The number of shares outstanding for NOM has been reduced compared to 5 years ago.
  • The debt/assets ratio for NOM is higher compared to a year ago.
NOM.OL Yearly Shares OutstandingNOM.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
NOM.OL Yearly Total Debt VS Total AssetsNOM.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of -0.25, we must say that NOM is in the distress zone and has some risk of bankruptcy.
  • NOM has a worse Altman-Z score (-0.25) than 82.50% of its industry peers.
  • NOM has a Debt/Equity ratio of 1.52. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.52, NOM is doing worse than 87.50% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF N/A
Altman-Z -0.25
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B 1.5B

2.3 Liquidity

  • NOM has a Current Ratio of 2.35. This indicates that NOM is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of NOM (2.35) is better than 80.00% of its industry peers.
  • NOM has a Quick Ratio of 2.03. This indicates that NOM is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 2.03, NOM belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.35
Quick Ratio 2.03
NOM.OL Yearly Current Assets VS Current LiabilitesNOM.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

3

3. Growth

3.1 Past

  • NOM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -282.24%.
EPS 1Y (TTM)-282.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-151.26%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • The Earnings Per Share is expected to grow by 158.08% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 48.76% on average over the next years. This is a very strong growth
EPS Next Y601.89%
EPS Next 2Y158.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year116.03%
Revenue Next 2Y48.76%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 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 2015 2016 2017 2018 2019 2020 2024 2025 2026 2027 0 2 -2 -4 -6

4

4. Valuation

4.1 Price/Earnings Ratio

  • NOM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 4.13, which indicates a rather cheap valuation of NOM.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NOM indicates a rather cheap valuation: NOM is cheaper than 100.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, NOM is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 4.13
NOM.OL Price Earnings VS Forward Price EarningsNOM.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

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 2 -2 4 -4 6

4.3 Compensation for Growth

  • NOM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • NOM's earnings are expected to grow with 158.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y158.08%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • NOM does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

NORDIC MINING ASA

OSL:NOM (2/25/2026, 4:14:34 PM)

11.1

-0.06 (-0.54%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-04
Earnings (Next)05-12
Inst Owners24.09%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap1.43B
Revenue(TTM)4.78M
Net Income(TTM)-437.85M
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 4.13
P/S 298.5
P/FCF N/A
P/OCF N/A
P/B 1.45
P/tB 1.48
EV/EBITDA N/A
EPS(TTM)-4.04
EYN/A
EPS(NY)2.69
Fwd EY24.2%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS0.04
BVpS7.65
TBVpS7.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -13.25%
ROE -44.55%
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)-6.08%
ROA(5y)-0.56%
ROE(3y)-18.57%
ROE(5y)-1.8%
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
ROICexgc growth 3YN/A
ROICexgc 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-ScoreN/A
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.35
Quick Ratio 2.03
Altman-Z -0.25
F-ScoreN/A
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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)-282.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-151.26%
EPS Next Y601.89%
EPS Next 2Y158.08%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year116.03%
Revenue Next 2Y48.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-623.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year92.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A

NORDIC MINING ASA / NOM.OL FAQ

What is the fundamental rating for NOM stock?

ChartMill assigns a fundamental rating of 2 / 10 to NOM.OL.


What is the valuation status of NORDIC MINING ASA (NOM.OL) stock?

ChartMill assigns a valuation rating of 4 / 10 to NORDIC MINING ASA (NOM.OL). This can be considered as Fairly Valued.


How profitable is NORDIC MINING ASA (NOM.OL) stock?

NORDIC MINING ASA (NOM.OL) has a profitability rating of 0 / 10.


Can you provide the financial health for NOM stock?

The financial health rating of NORDIC MINING ASA (NOM.OL) is 4 / 10.