NIC 0.00% 95.0¢ nickel industries limited

Thanks Kalmhope we can get more info regarding 1), especially in...

  1. 72 Posts.
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    Thanks Kalm

    hope we can get more info regarding

    1), especially in regards to the Nickel matte pricing since it definitely not LME Class 1 Nickel price, and I couldn't find any real-time data on the pricing.

    For 3), for CY 2021, NPAT was AUD180m, P/E 18.92 (source from Market index), I am trying to understand the consensus P/E because
    -- at P/E 15 and NPAT 250m, MC 3.75 bil, SP 1.35-1.4.
    -- at P/E 18 and NPAT 250m, MC 4.5 bil, SP 1.60-1.65.
    At the moment, market is still pricing in 14-15 P/E assuming NPAT remains at 180m, but I believe NIC will beat expectations for CY 2022.
    So the question is, is the market valuing NIC at a decreased P/E to match a typical miner P/E at 8-10? Whats the typical Nickel miner P/E globally? Or is NIC being discouted due to recessionary concerns?
 
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