Vale Indonesia Tbk. (INCO) Stock Price, Fundamentals & Analysis

What INCO does

Vale Indonesia Tbk. (INCO) is a nickel mining and processing company listed on the Indonesia Stock Exchange. It was formerly known as PT International Nickel Indonesia Tbk and changed its name in September 2011. Incorporated in 1968 and headquartered in Jakarta, the company operates through subsidiaries focused on nickel mining and processing in Indonesia. It counts among its peers other listed mining companies such as Barito Pacific Tbk. (BRPT), Merdeka Copper Gold Tbk. (MDKA), Aneka Tambang Tbk. (ANTM), Merdeka Battery Materials Tbk. (MBMA), ESSA Industries Indonesia Tbk. (ESSA), Alamtri Minerals Indonesia Tbk. (ADMR) and United Tractors Tbk. (UNTR).

Key numbers explained

• Market and price: INCO trades on the Indonesia Stock Exchange at a current price of 4,680 IDR, down 0.85% today. Over the past 52 weeks, the stock has ranged from a low of 3,770 to a high of 7,900, and is up 4.5% over that period.
• Valuation: The trailing P/E ratio is 17.8, while the forward P/E ratio (based on expected earnings) is 23. The price-to-book ratio is notably high at 17,397.77.
• Profitability: The company has a profit margin of 14% and an operating margin of 26.8%, but a relatively low return on equity of 5.6%.
• Leverage: The debt-to-equity ratio is very low at 0.1%, indicating minimal debt relative to equity.
• Income: Trailing 12-month revenue is 1.11B USD, with a year-over-year revenue growth of 31.9%.
• Shareholder returns: The dividend yield is 1.66%, with an ex-dividend date of **Jun 11, 2

What to watch

As a stock in the Basic Materials sector, specifically Other Industrial Metals & Mining, INCO's performance is closely tied to global nickel prices, industrial demand, and broader commodity market trends. Investors typically monitor these factors alongside the company's operational efficiency and balance sheet strength.