Pacific Nickel Mines Ltd (PNM) fair value: what the stock is really worth
As of Jul 21, 2026: fair value of Pacific Nickel Mines Ltd A$0.02, price A$0.02, upside -2.9%, quality 28 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Pacific Nickel Mines Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.
How to read this chart
60‑month range A$0.0210 – A$0.1450 · fair‑value band A$0.0208 – A$0.0259 · the A$0.0240 price screens above the A$0.0233 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.
Follow Pacific Nickel Mines in your weekly email
Every Wednesday you see whether Pacific Nickel Mines is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Pacific Nickel Mines Limited engages in the mineral exploration and development business in Australia. It explores for nickel deposits. The company's principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island.
Show more
Pacific Nickel Mines Limited engages in the mineral exploration and development business in Australia. It explores for nickel deposits. The company's principal properties include the Jejevo and Kolosori nickel projects located on Santa Isabel Island. The company was formerly known as Malachite Resources Limited and changed its name to Pacific Nickel Mines Limited in November 2020. Pacific Nickel Mines Limited was incorporated in 1996 and is based in Sydney, Australia.
Stock analysis
Pacific Nickel Mines Ltd (PNM) currently trades at A$0.0240, while our model-based Fair Value estimate is A$0.0233, so the stock looks roughly fairly valued today (gap 3.0%).
Show more
Valuation
How firm this estimate is: it rests on 3 models at a data quality of 90/100, which puts the evidence level at low.
Scenario range: A$0.0208 (bear) to A$0.0259 (bull), the price of A$0.0240 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 28/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Pacific Nickel Mines Ltd reported revenue of A$9.0M in FY2025 versus A$2.5K in FY2021, a compound +676.8%/yr. Reported net income was −A$3.6M in FY2025.
Key figures
Market cap A$10.1M (≈ $7.0M) · P/S ratio 1.12 · EPS (TTM) A$−0.0300 · Net margin −39.6% · Return on equity −96.6% · Return on assets (EBIT) −14.6% · Operating margin −176% · Revenue (TTM) A$9.0M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −3%, PNM screens richer than that median.
Fair Value models
Bear A$0.0208Fair Value A$0.0233Bull A$0.0259
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−24.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+960.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+304.4%
Start year 2020 (pandemic). Over 10 years: +85.3% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+54.9%
’11
’13
’14
’15
’16
’18
’19
’20
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−56,623.3% (2020) → −59.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Pacific Nickel Mines Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 232 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score28 · Bottom 25%
Fair Value upside−2.9% · Above median
Profitability
Return on assets−9.7% · Bottom 25%
Net margin (TTM)−39.6% · Bottom 25%
Operating margin (TTM)−176.1% · Bottom 25%
Growth and dividend
Revenue growth−63.3% · Bottom 25%
Balance sheet
Debt / equity1.97× · Highest 25%
Valuation Multiplesvs Gold median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Pacific Nickel Mines Ltd (PNM) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of A$0.0233 versus the last price from Jul 21, 2026 of A$0.0240, about −3% upside (fairly valued).
What is the fair value of PNM?
Our model-based fair value for Pacific Nickel Mines Ltd is A$0.0233 (as of Jul 11, 2026), built from audited fundamentals. Last price (from Jul 21, 2026): A$0.0240.
What is the quality score of PNM?
Pacific Nickel Mines Ltd has a Quality Score of 28/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Pacific Nickel Mines Ltd (PNM)?
Our model-based price target is the fair value of A$0.0233 (as of Jul 11, 2026) from 1 valuation models. Cautious scenario A$0.0208, optimistic scenario A$0.0259. It is a calculation from audited fundamentals, not an analyst target.
What is the Pacific Nickel Mines Ltd stock forecast for 2026?
Our models put fair value at A$0.0233, about −3% upside versus the last price from Jul 21, 2026 of A$0.0240 (fairly valued). Cautious scenario A$0.0208, optimistic scenario A$0.0259. The calculation is refreshed regularly with new filings.
What is the revenue of Pacific Nickel Mines Ltd (PNM)?
Pacific Nickel Mines Ltd reported trailing-twelve-month revenue of about A$9.0M (latest available figure, as of Jul 11, 2026).
What is the intrinsic value of Pacific Nickel Mines Ltd (PNM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pacific Nickel Mines Ltd it is A$0.0233 per share (as of Jul 11, 2026), against a price of A$0.0240. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Pacific Nickel Mines Ltd stock overvalued or undervalued in 2026?
As of Jul 11, 2026, PNM trades above its calculated fair value: price A$0.0240, fair value A$0.0233, a gap of about −3% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PNM?
No. The price is what the market pays today (A$0.0240); the fair value is what the company's own numbers justify (A$0.0233). For Pacific Nickel Mines Ltd the two are A$0.0007 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pacific Nickel Mines Ltd worth?
The market values Pacific Nickel Mines Ltd at about A$10.1M (market capitalisation, as of Jul 11, 2026). Per share that is A$0.0240; our models calculate a fair value of A$0.0233 per share.
What do the bullish and bearish scenarios say about PNM?
Our models span a range for Pacific Nickel Mines Ltd: cautious scenario A$0.0208, base A$0.0233, optimistic A$0.0259 per share (as of Jul 11, 2026, price A$0.0240). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Pacific Nickel Mines Ltd (PNM)?
Balance-sheet figures for Pacific Nickel Mines Ltd (as of Jul 11, 2026): return on equity −96.6%, debt of 1.97 per unit of equity. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is PNM from its 52-week high?
Pacific Nickel Mines Ltd trades at A$0.0240, at its 52-week high of A$0.0240 and at the low of A$0.0240 (as of Jul 21, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0233 is for.
Which stocks are comparable to Pacific Nickel Mines Ltd?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Pacific Nickel Mines Ltd stock attractive at the current price?
The data as of Jul 11, 2026: price A$0.0240, calculated fair value A$0.0233 (−3%), Quality Score 28/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PNM calculated?
We run Pacific Nickel Mines Ltd through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.0233, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Pacific Nickel Mines Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Pacific Nickel Mines Ltd (PNM)?
The latest price we hold is from Jul 21, 2026 and stands at A$0.0240. Our model-based fair value is A$0.0233, about −3% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pacific Nickel Mines Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Pacific Nickel Mines Ltd
How large is the market capitalisation of Pacific Nickel Mines Ltd (PNM)?
The market capitalisation of Pacific Nickel Mines Ltd is A$10.1M (≈ $7.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Pacific Nickel Mines Ltd (PNM)?
The price-to-sales ratio of Pacific Nickel Mines Ltd is 1.12 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pacific Nickel Mines Ltd (PNM)?
Earnings per share at Pacific Nickel Mines Ltd are A$−0.0300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Pacific Nickel Mines Ltd (PNM)?
The net margin of Pacific Nickel Mines Ltd is −39.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Pacific Nickel Mines Ltd (PNM)?
The return on equity (ROE) of Pacific Nickel Mines Ltd is −96.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Pacific Nickel Mines Ltd (PNM)?
On an EBIT basis the return on assets of Pacific Nickel Mines Ltd is −14.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Pacific Nickel Mines Ltd (PNM)?
The operating margin of Pacific Nickel Mines Ltd is −176% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pacific Nickel Mines Ltd (PNM)?
Revenue at Pacific Nickel Mines Ltd is growing −63.3% versus a year earlier (3y avg +960%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Pacific Nickel Mines Ltd (PNM) generate?
The free cash flow of Pacific Nickel Mines Ltd is −A$8.9M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Pacific Nickel Mines Ltd (PNM) carry?
The net debt of Pacific Nickel Mines Ltd is A$49.2M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Pacific Nickel Mines Ltd in the live analysis
One click puts Pacific Nickel Mines Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
