NORDIC MINING ASA (NOM.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NOM - NO0013162693 - Common Stock
11.8 NOK
+0.12 (+1.03%)
NOM gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 45 industry peers in the Metals & Mining industry. NOM has a bad profitability rating. Also its financial health evaluation is rather negative. NOM does not seem to be growing, but still is valued expensively.
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.
1.2 Ratios
- The Return On Assets of NOM (-9.27%) is worse than 86.67% of its industry peers.
- NOM has a Return On Equity of -24.59%. This is amonst the worse of the industry: NOM underperforms 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.27% | ||
| ROE | -24.59% | ||
| ROIC | N/A |
ROA(3y)2.79%
ROA(5y)-1.7%
ROE(3y)11.13%
ROE(5y)3.1%
ROIC(3y)N/A
ROIC(5y)N/A
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 Rank | Sector 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
2. Health
2.1 Basic Checks
- NOM has about the same amout of shares outstanding than it did 1 year ago.
- NOM has less shares outstanding than it did 5 years ago.
- NOM has a worse debt/assets ratio than last year.
2.2 Solvency
- NOM has an Altman-Z score of -0.06. This is a bad value and indicates that NOM is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of NOM (-0.06) is worse than 80.00% of its industry peers.
- A Debt/Equity ratio of 1.03 is on the high side and indicates that NOM has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.03, NOM is not doing good in the industry: 84.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- NOM has a Current Ratio of 1.99. This is a normal value and indicates that NOM is financially healthy and should not expect problems in meeting its short term obligations.
- NOM has a Current ratio of 1.99. This is comparable to the rest of the industry: NOM outperforms 51.11% of its industry peers.
- A Quick Ratio of 1.74 indicates that NOM should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.74, NOM is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
- NOM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12136.61%.
EPS 1Y (TTM)-12136.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-1583.67%
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 88.15% on average over the next years. This is a very strong growth
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y0%
EPS Next 2Y164.93%
EPS Next 3Y88.15%
EPS Next 5YN/A
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.
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 4.39, which indicates a rather cheap valuation of NOM.
- Based on the Price/Forward Earnings ratio, NOM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NOM to the average of the S&P500 Index (25.96), we can say NOM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.39 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as NOM's earnings are expected to grow with 88.15% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y164.93%
EPS Next 3Y88.15%
5. Dividend
5.1 Amount
- NOM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NORDIC MINING ASA / NOM.OL FAQ
What is the fundamental rating for NOM stock?
ChartMill assigns a fundamental rating of 1 / 10 to NOM.OL.
What is the valuation status of NORDIC MINING ASA (NOM.OL) stock?
ChartMill assigns a valuation rating of 3 / 10 to NORDIC MINING ASA (NOM.OL). This can be considered as Overvalued.
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 2 / 10.