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PJSC Mining and Metallurgical Company Norilsk Nickel (GMKN.ME)
RUB105.56
-3.34 (-3.07%)
RU MCX Basic Materials Industrial Materials
Address
15, 1st Krasnogvardeysky Drive 123112
Moscow, RU
Moscow, RU
CEO
Vladimir Olegovich Potanin
Website
nornickel.com
IPO
2010-03-03
ISIN RU0007288411
Also trades on
International Order Book · MNOD.IL (USD)
Moscow Stock Exchange · GMKN.ME (RUB)
Other OTC · NILSY (USD)
Description
PJSC Mining and Metallurgical Company Norilsk Nickel, established in 1997 and headquartered in Moscow, Russia, functions as a prominent diversified metals and mining enterprise. Operating globally, its reach spans Russia, Europe, Asia, North and South America, and the CIS region. The company organizes its business into distinct segments, including GMK Group, South Cluster, Kola Division, GRK Bystrinskoye, Other Mining, and Other Non-Metallurgical. At its core, Norilsk Nickel focuses on the exploration, extraction, and refining of both metallic ores and non-metallic minerals, subsequently marketing the base and precious metals produced. Its extensive product range encompasses nickel, palladium, copper, platinum, cobalt, rhodium, iridium, ruthenium, silver, gold, as well as selenium, tellurium, sulfur, sodium sulfate, and chloride. Beyond its primary mining and metallurgical operations, the company engages in a diverse array of related services and ventures. These include leasing properties and equipment, gas extraction and transport, construction, maintenance and repair for mining and metallurgical facilities, electricity generation and distribution, spare parts manufacturing, geological studies, distribution networks, research, fuel provision, river transportation, and managing airport and airline services.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
RUB105.56
-3.34 (-3.07%)
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Volume Profile
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Liquidity & share structure
Average Volume
36M
Beta
0.16
Float Shares
5.60B
Free Float %
36.6%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.17% | -1.56% | -2.66% | -23.67% | -3.71% | -16.28% | +18.49% | -13.48% | -52.24% | +37.07% | +3,345.36% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (2 ratings, all time)
Buy
Price Targets & DCF
Current price
105.56
DCF (Unlevered)
544.16
+415.5%
DCF (Levered)
654.86
+520.4%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2025-07 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
3.27
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Industrial Materials: +4.8%-13.0% Q2'25: -9.7% (vs Q2'23)
-
EPS growth Industrial Materials: +16.2%-46.3% Q2'25: -15.8% (vs Q2'23)
-
FCF margin FCF growth · Industrial Materials: +3.3%+17.0% Q2'25: +22.2% (vs Q2'23)
-
EBIT margin Industrial Materials: +3.1%+30.2% ★ Q2'25: +31.1% (vs Q2'23)
-
ROIC Industrial Materials: +2.2%+17.1% ★ Q2'25: +25.5% (vs Q2'23)
-
Share dilution Industrial Materials: -0.2%+0.0% ★ Q2'25: +0.0% (vs Q2'23)
-
Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×2.10× Q2'25: 1.25× (vs Q2'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
12.78B
est: 537.77M (+2,275.6%)
|
14.12B
est: 408.50M (+3,357.0%)
|
12.37B
est: 377.89M (+3,172.4%)
|
11.50B
est: 373.12M (+2,981.8%)
|
11.87B
est: 295.32M (+3,919.0%)
|
8.54B
est: 8.90B (-4.1%)
|
8.26B
est: 8.03B (+2.8%)
|
9.15B
est: 8.88B (+3.0%)
|
11.67B
est: 12.91B (-9.6%)
|
13.56B
est: 12.66B (+7.1%)
|
15.55B
est: 15.44B (+0.7%)
|
17.85B
est: 21.16B (-15.6%)
|
16.88B
est: 26.79B (-37.0%)
|
14.41B
est: 20.87B (-31.0%)
|
12.54B
est: 16.08B (-22.0%)
|
16.48B
est.
|
14.52B
14.52B – 14.52B
-11.9% YoY
|
184.91M
184.91M – 184.91M
-98.7% YoY
|
| EBITDA |
7.72B
est: 255.01M (+2,928.5%)
|
6.55B
est: 193.71M (+3,282.3%)
|
4.83B
est: 179.20M (+2,593.7%)
|
4.15B
est: 176.93M (+2,242.7%)
|
3.64B
est: 140.04M (+2,501.4%)
|
3.08B
est: 1.10B (+180.2%)
|
4.28B
est: 1.43B (+198.6%)
|
4.01B
est: 5.46B (-26.6%)
|
6.13B
est: 4.22B (+45.4%)
|
7.99B
est: 3.53B (+126.4%)
|
7.69B
est: 8.63B (-10.9%)
|
10.51B
est: 8.96B (+17.3%)
|
8.94B
est: 8.63B (+3.6%)
|
5.22B
est: 7.31B (-28.6%)
|
4.96B
est: 5.98B (-17.0%)
|
7.82B
est.
|
6.89B
6.89B – 6.89B
-11.9% YoY
|
87.68M
87.68M – 87.68M
-98.7% YoY
|
| EBIT |
7.72B
est: 216.02M (+3,475.1%)
|
6.55B
est: 164.10M (+3,892.7%)
|
4.22B
est: 151.80M (+2,679.9%)
|
2.59B
est: 149.89M (+1,625.3%)
|
3.64B
est: 118.63M (+2,970.9%)
|
3.08B
est: 1.95B (+57.4%)
|
4.28B
est: 2.61B (+64.3%)
|
4.01B
est: 4.20B (-4.5%)
|
5.15B
est: 3.94B (+30.8%)
|
7.96B
est: 5.89B (+35.2%)
|
6.53B
est: 6.82B (-4.3%)
|
9.58B
est: 7.08B (+35.3%)
|
7.91B
est: 6.82B (+16.0%)
|
4.05B
est: 5.78B (-29.9%)
|
3.78B
est: 4.73B (-20.1%)
|
6.62B
est.
|
5.83B
5.83B – 5.83B
-11.9% YoY
|
74.28M
74.28M – 74.28M
-98.7% YoY
|
| Net Income |
3.30B
est: 15.25B (-78.4%)
|
3.60B
est: 2.49B (+44.6%)
|
2.17B
est: 3.06B (-29.2%)
|
774.00M
est: 2.17B (-64.3%)
|
2.00B
est: 610.74M (+228.0%)
|
1.73B
est: 1.06B (+64.3%)
|
2.54B
est: 1.40B (+81.4%)
|
2.13B
est: 3.41B (-37.5%)
|
3.09B
est: 2.70B (+14.2%)
|
5.78B
est: 3.30B (+75.2%)
|
3.30B
est: 5.62B (-41.3%)
|
6.51B
est: 5.83B (+11.7%)
|
5.46B
est: 5.61B (-2.8%)
|
2.38B
est: 4.76B (-49.9%)
|
1.31B
est: 3.89B (-66.3%)
|
570.77B
est.
|
430.86B
430.86B – 430.86B
-24.5% YoY
|
37.23M
37.23M – 37.23M
-100.0% YoY
|
| SGA |
1.40B
est: 30.28M (+4,514.3%)
|
1.68B
est: 23.00M (+7,187.6%)
|
321.00M
est: 21.27M (+1,408.8%)
|
925.00M
est: 21.01M (+4,303.5%)
|
557.00M
est: 16.63M (+3,250.2%)
|
249.00M
est: 358.75M (-30.6%)
|
127.00M
est: 425.03M (-70.1%)
|
759.00M
est: 745.94M (+1.8%)
|
856.00M
est: 905.63M (-5.5%)
|
994.00M
est: 926.44M (+7.3%)
|
959.00M
est: 841.35M (+14.0%)
|
1.09B
est: 873.38M (+25.1%)
|
545.00M
est: 841.10M (-35.2%)
|
439.00M
est: 712.87M (-38.4%)
|
1.20B
est: 582.99M (+106.0%)
|
927.92M
est.
|
817.42M
817.42M – 817.42M
-11.9% YoY
|
10.41M
10.41M – 10.41M
-98.7% YoY
|
| EPS |
19.46
est: 1.00 (+1,850.6%)
|
21.53
est: 0.74 (+2,820.5%)
|
14.18
est: 0.52 (+2,637.9%)
|
5.07
est: 0.38 (+1,219.1%)
|
13.15
est: 0.39 (+3,251.9%)
|
11.39
est: 17.65 (-35.5%)
|
16.67
est: 15.66 (+6.5%)
|
13.98
est: 14.42 (-3.0%)
|
0.20
est: 25.95 (-99.2%)
|
36.69
est: 31.14 (+17.8%)
|
0.21
est: 28.80 (-99.3%)
|
0.42
est: 55.85 (-99.2%)
|
0.36
est: 56.27 (-99.4%)
|
0.16
est: 42.83 (-99.6%)
|
0.09
est: 28.56 (-99.7%)
|
37.34
est.
|
28.19
28.19 – 28.19
-24.5% YoY
|
0.00
0.00 – 0.00
-100.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-30 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-29 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-26 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-25 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-24 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-23 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-19 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-18 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-17 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-05-15 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-14 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-13 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-12 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-05 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-03 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-02 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-26 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-25 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
-1.12B
OE per share TTM
-0.07
Owner's Yield
-0.06%
Maintenance CapEx ratio
255.42%
Maint CapEx / Avg PPE
89.9%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 43 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares BIC 50 UCITS ETF DBRC.L | 0.00% | 0.77 | 0.74% |
| 2 | iShares EM Dividend UCITS ETF IEDY.L | 0.00% | 1.89 | 0.65% |
| 3 | Xtrackers MSCI Emerging Markets UCITS ETF 1D XEMD.L | 0.00% | 6.78 | 0.18% |
| 4 | Xtrackers MSCI Emerging Markets UCITS ETF 1C XMME.L | 0.00% | 6.78 | 0.18% |
| 5 | iShares Core MSCI EM IMI UCITS ETF EIMI.L | 0.00% | 16.84 | 0.18% |
| 6 | iShares Core MSCI EM IMI UCITS ETF EIMU.L | 0.00% | 0.69 | 0.18% |
| 7 | iShares MSCI EM UCITS ETF USD (Dist) IDEM.L | 0.00% | 4.05 | 0.18% |
| 8 | Avantis Emerging Markets Equity ETF AVEM | 0.00% | 10.39 | 0.33% |
| 9 | Fidelity Emerging Markets Limited FEMI.L | 0.00% | 0.06 | 0.50% |
| 10 | Fidelity Emerging Markets Quality Income UCITS ETF INC-USD FEME.L | 0.00% | 0.06 | 0.50% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
49.8K
Shares Outstanding
15.29B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Elena Alekseevna Savitskaya | Vice President, Chief of Staff & Member of Management Board | — | female |
| G. A. Chulanov | Chief Accountant | — | — |
| Larisa Gennadievna Zelkova | Senior Vice President & Head of HR, Social Policy and Public Relations & Member of the Management Board | — | female |
| Marianna Aleksandrovna Zakharova | First VPHead of CG & Corporate Security, Asset Mgmt & Legal Affair, Member of Mgmt Board & Director | — | female |
| Mikhail Alexandrovich Borovikov | Head of Investor Relations | — | — |
| Nina Mikhailovna Plastinina | Vice President, Head of Internal Control & Risk Management and Member of Management Board | — | female |
| Sergey Alexandrovich Dubovitsky | SVP, Head of Strategy & Strategic Projects, Logistics and Procurement & Member of Management Board | — | male |
| Sergey Gennadievich Malyshev | First VP, CFO, Member of Management Board & Executive Director | — | male |
| Sergey Stanislavovich Stepanov | Senior Vice President & Operational Director | — | male |
| Vladimir Olegovich Potanin | President & Chairman of the Management Board | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for GMKN.ME
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
