Nordic Iron Ore AB (NIO) AI Stock Analysis

• Market Cap: €368.10M
• Dividend Yield: N/A
• Average Volume (3M): 43.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.09
• Revenue Growth: N/A
• EPS Growth: 23.25%
• Country: SE
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 67,915,276
• 10 Day Avg. Volume: 47,508
• 30 Day Avg. Volume: 43,609
• PEG Ratio: 0.96
• Price to Book (P/B): 0.91
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -20.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: ―

The overall stock score for Nordic Iron Ore AB is 42, primarily driven by significant financial challenges, including persistent losses and lack of revenue. Despite a strong balance sheet with no debt, the financial performance heavily weighs down the score. The technical analysis suggests a bearish trend, further impacting the outlook. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield, highlighting the company's struggles with profitability.

Nordic Iron Ore AB Business Overview & Revenue Model

Company Description

Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron-ore deposits in Västerbergslagen, Sweden. Its products include fines, sinter, pellets, and lump ore. The company also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K No. 1, Blötbergsgruvan K No. 2, Håksbergsgruvan K No. 1, and Southern Väsman field K No. 1, as well as exploration permit, including Ludvikafältet No. 1 and Blötberget No. 4 located in Ludvika. The company was founded in 2008 and is headquartered in Danderyd, Sweden.

How the Company Makes Money

Nordic Iron Ore AB generates revenue primarily through the extraction, processing, and sale of iron ore. The company capitalizes on its strategically located iron ore deposits in Sweden, which are rich in high-grade mineral content. Once extracted, the iron ore is processed into various products, such as iron ore concentrate, which are then sold to steel manufacturers and other industrial clients globally. The company's revenue streams are bolstered by its strategic partnerships with logistics and transportation firms, ensuring efficient distribution of its products to international markets. Additionally, NIO benefits from favorable market conditions in the steel industry, as demand for high-quality iron ore supports its pricing strategy and revenue growth.

Nordic Iron Ore AB Financial Statement Overview

Summary

Nordic Iron Ore AB faces a precarious financial situation. Despite a strong balance sheet with no debt, the absence of revenue and persistent losses significantly challenge the company's financial health. While the firm has managed to secure financing to bolster cash reserves, continued operational losses and negative cash flow highlight the need for strategic pivots to achieve revenue generation and sustainable profitability.

Income Statement

Nordic Iron Ore AB's income statement reveals a challenging position, with consistent negative EBIT and net income, indicating ongoing operational losses. The company has reported zero revenue over multiple periods, which severely impacts profitability metrics like Gross Profit Margin and Net Profit Margin. The lack of revenue growth and persistent losses reflect significant financial difficulties.

Balance Sheet

The balance sheet indicates a relatively strong equity position, with a high equity ratio and low debt levels, as evidenced by a Debt-to-Equity Ratio of 0. Despite the absence of revenue, the company has managed to maintain substantial stockholders' equity, with no leverage risk due to zero debt. However, the lack of revenue generation remains a critical concern for future sustainability.

Cash Flow

The cash flow statement shows the company has been able to secure significant financing, improving cash reserves. However, consistent negative operating cash flow and free cash flow highlight ongoing cash burn issues. The lack of revenue impacts the company's ability to generate positive cash flow from operations, raising concerns about long-term viability without continued financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	1.00K
Gross Profit	-3.82M	-196.00K	-176.00K	-760.00K	-423.00K	1.00K
EBITDA	-16.19M	-12.52M	-11.06M	-8.63M	-7.82M	-7.48M
Net Income	-20.10M	-15.20M	-12.93M	-10.47M	-8.84M	-9.74M
Balance Sheet
Total Assets	277.12M	281.90M	170.51M	169.95M	165.77M	164.91M
Cash, Cash Equivalents and Short-Term Investments	77.77M	111.70M	866.00K	2.72M	2.81M	5.20M
Total Debt	1.69M	1.84M	31.91M	21.74M	7.56M	7.80M
Total Liabilities	15.43M	8.25M	38.38M	24.88M	10.23M	11.16M
Stockholders Equity	261.69M	273.64M	132.13M	145.07M	155.54M	153.75M
Cash Flow
Free Cash Flow	-11.26M	-12.06M	-8.34M	-13.34M	-12.63M	-12.77M
Operating Cash Flow	-11.26M	-11.81M	-8.29M	-8.38M	-9.11M	-11.52M
Investing Cash Flow	-21.79M	-3.65M	-2.06M	-4.96M	-3.53M	-1.25M
Financing Cash Flow	814.00K	126.30M	8.50M	13.25M	10.25M	5.00M

Nordic Iron Ore AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NIO, the sentiment is Positive. The current price of 5.34 is above the 20-day moving average (MA) of 5.26, above the 50-day MA of 5.01, and above the 200-day MA of 4.71, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 56.99 is Neutral, neither overbought nor oversold. The STOCH value of 49.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NIO.

Nordic Iron Ore AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
NIO	42 Neutral	€368.10M	-18.29	-7.80%	―	―	23.25%