Dyno Nobel Limited (ICPVF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Dyno Nobel Limited (ICPVF) trades at $2.52 with AI Score 49/100 (Grade C). Dyno Nobel Limited manufactures and distributes commercial explosives, primarily serving the mining, quarrying, and construction industries. Market cap: $4.42B, Sector: Basic materials.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for ICPVF: ICPVF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ICPVF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
ICPVF: the 1 perspectives are evenly split.
How is this calculated? →Dyno Nobel Limited (ICPVF) Materials & Commodity Exposure
Dyno Nobel Limited is a global manufacturer and distributor of commercial explosives, catering to the mining, quarrying, and construction sectors across the United States, Australia, and Mexico. The company's product portfolio includes packaged explosives and ammonium nitrates, supported by related services.
What Is the Investment Thesis for ICPVF?
Dyno Nobel Limited presents a mixed investment thesis. The company's gross margin of 49.2% indicates strong pricing power and efficient operations. However, the negative P/E ratio of -16.13 and a negative profit margin of -5.9% raise concerns about profitability. The company's beta of 0.30 suggests low volatility compared to the market. Growth catalysts include increasing infrastructure development and mining activities, particularly in emerging markets. Investors should carefully weigh the profitability concerns against the growth opportunities and Dyno Nobel's established market position. Key value drivers include operational efficiency improvements and strategic expansion into new geographies.
Based on FMP financials and quantitative analysis
ICPVF Key Highlights
- Gross margin of 49.2% indicates strong pricing power in the commercial explosives market.
- Beta of 0.30 suggests lower volatility compared to the broader market, potentially offering stability during economic downturns.
- Operates in the United States, Australia, and Mexico, providing geographic diversification.
- Serves essential industries such as mining, quarrying, and construction, ensuring consistent demand.
- Offers a range of explosives products, including packaged explosives and ammonium nitrates, catering to diverse customer needs.
Who Are ICPVF's Competitors?
ICPVF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ARKAY Arkema S.A. | $64.03 | -1.16% | $4.85B | 36 |
| AWTRF Air Water Inc. | $13.69 | -7.19% | $3.14B | 48 |
| CLZNF Clariant AG | $10.21 | +0.00% | $3.36B | 45 |
| HXXPY HEXPOL AB (publ) | $7.24 | +0.00% | $2.49B | 42 |
| KURRF Kuraray Co., Ltd. | $11.00 | +0.00% | $3.31B | 42 |
| HGRAF HydroGraph Clean Power Inc. | $3.43 | -3.11% | $1.20B | 69 |
| LWLG Lightwave Logic, Inc. | $7.46 | +1.29% | $1.15B | 69 |
| COOSF Carbios SAS | $6.50 | -9.09% | $109.66M | 69 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ICPVF's Key Strengths?
- Established market position in key regions
- Comprehensive product portfolio
- Strong customer relationships
- Technical expertise and value-added services
What Are ICPVF's Weaknesses?
- Negative profit margin
- Dependence on cyclical industries
- Exposure to regulatory risks
- Potential environmental liabilities
What Could Drive ICPVF Stock Higher?
- Increased infrastructure spending in developing nations driving demand for explosives.
- Growth in the mining sector due to rising demand for raw materials.
- Potential new contracts with major mining companies in Australia by Q4 2026.
- Development and commercialization of more efficient and environmentally friendly explosives.
- Expansion of product offerings to include advanced blasting services.
What Are the Key Risks for ICPVF?
- Economic downturns reducing demand from key industries.
- Stricter environmental regulations increasing compliance costs.
- Fluctuations in raw material prices impacting profitability.
- Increased competition from established players and new entrants.
- Safety incidents leading to operational disruptions and reputational damage.
What Are the Growth Opportunities for ICPVF?
- Growth opportunity 1: Expanding into emerging markets with growing infrastructure needs presents a significant opportunity. Countries in Asia-Pacific and Africa are experiencing rapid urbanization and infrastructure development, driving demand for commercial explosives. Dyno Nobel can leverage its expertise and product portfolio to establish a presence in these markets, potentially increasing revenue by 10-15% over the next five years. This expansion requires strategic partnerships and investments in local manufacturing and distribution networks.
- Growth opportunity 2: Developing and marketing advanced blasting technologies can enhance Dyno Nobel's competitive advantage. Innovations such as electronic detonators and precision blasting techniques improve efficiency, reduce environmental impact, and enhance safety. By investing in research and development, Dyno Nobel can capture a larger share of the market and command premium pricing. The market for advanced blasting technologies is projected to grow at a rate of 8-10% annually.
- Growth opportunity 3: Providing value-added services, such as blasting design and technical support, can strengthen customer relationships and generate recurring revenue. By offering comprehensive solutions, Dyno Nobel can become an indispensable partner for its customers, increasing customer loyalty and reducing the risk of switching to competitors. The market for blasting services is estimated to be worth $5 billion globally.
- Growth opportunity 4: Capitalizing on the growing demand for ammonium nitrate in the agricultural sector can diversify Dyno Nobel's revenue streams. Ammonium nitrate is a key ingredient in fertilizers, and the increasing global population is driving demand for agricultural products. By expanding its production and distribution of ammonium nitrate, Dyno Nobel can tap into this growing market, potentially increasing revenue by 5-7% annually.
- Growth opportunity 5: Implementing sustainable practices and reducing environmental impact can enhance Dyno Nobel's reputation and attract environmentally conscious customers. By investing in cleaner production technologies and promoting responsible blasting practices, Dyno Nobel can differentiate itself from competitors and gain a competitive advantage. The market for sustainable explosives is projected to grow at a rate of 10-12% annually.
What Opportunities Does ICPVF Have?
- Expansion into emerging markets
- Development of advanced blasting technologies
- Diversification into related products and services
- Adoption of sustainable practices
What Threats Does ICPVF Face?
- Economic downturns
- Increased competition
- Stricter environmental regulations
- Fluctuations in raw material prices
What Are ICPVF's Competitive Advantages?
- Established presence in key markets (US, Australia, Mexico)
- Comprehensive product portfolio catering to diverse customer needs
- Technical expertise and value-added services
- Strong relationships with key customers in essential industries
What Does ICPVF Do?
Dyno Nobel Limited, a subsidiary, is a manufacturer and distributor of commercial explosives, operating in the United States, Australia, and Mexico. The company traces its roots back to Alfred Nobel's invention of dynamite and the subsequent establishment of numerous explosives companies worldwide. Over time, these entities consolidated, eventually forming Dyno Nobel. Today, the company offers a comprehensive suite of explosives products, including packaged explosives like Powermite and Dynosplit, as well as ammonium nitrates. These products are essential for blasting and excavation in various industries, including metal and mineral mining, quarrying, agriculture, industrial applications, oil and gas exploration, and concrete and building material production. Dyno Nobel not only manufactures and sells these products but also provides related services, such as blasting design and technical support, ensuring safe and efficient operations for its customers. The company also exports its products to various international markets, extending its reach beyond its primary operating regions.
What Products and Services Does ICPVF Offer?
- Manufactures commercial explosives for various industries.
- Distributes explosives in the United States, Australia, and Mexico.
- Offers packaged explosives like Powermite and Dynosplit.
- Provides ammonium nitrates for blasting and other applications.
- Sells industrial explosives to metal/mineral mining companies.
- Serves the quarrying industry with explosives and related services.
- Supplies explosives for oil and gas exploration activities.
- Caters to the concrete and building material industries.
How Does ICPVF Make Money?
- Manufactures and sells commercial explosives.
- Provides related services such as blasting design and technical support.
- Exports products to international markets.
- Generates revenue through direct sales to end-users and distributors.
What Industry Does ICPVF Operate In?
Dyno Nobel operates within the specialty chemicals industry, specifically focusing on commercial explosives. The industry is driven by demand from mining, construction, and infrastructure development. Market trends include a growing emphasis on safety and environmental regulations, requiring companies to invest in advanced blasting technologies and responsible practices. The competitive landscape includes companies like ARKAY and AWTRF, which offer similar explosives products and services. Dyno Nobel's established presence and comprehensive product portfolio position it to capitalize on industry growth while navigating regulatory challenges.
Who Are ICPVF's Key Customers?
- Metal and mineral mining companies
- Quarrying businesses
- Agriculture and industrial sectors
- Oil and gas exploration companies
- Concrete and building material industries
Dyno Nobel Limited (ICPVF) Valuation Context
Valued at $4.42B, ICPVF is classified as a mid-cap stock. Relative to its peer group, ICPVF's quantitative score of 49/100 is roughly in line with the peer average of 43/100.
ROE 4%Key Financial Metrics
Return on equity for Dyno Nobel Limited stands at 4.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.4%, showing how much profit it generates from its asset base. ICPVF trades at a trailing price-to-earnings ratio of 41.39, above the Basic Materials sector average of ~22x. Its free cash flow yield is -0.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.27 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 2.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 6/9Financial Health
Dyno Nobel Limited's Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 3.02 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Dyno Nobel Limited revenue of about $3.72B for fiscal 2026, with EPS near $0.19. The estimate reflects 9 contributing analysts.
ICPVF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established market position in key regions
- Comprehensive product portfolio
- Strong customer relationships
- Technical expertise and value-added services
Bear Case
- Negative profit margin
- Dependence on cyclical industries
- Exposure to regulatory risks
- Potential environmental liabilities
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
ICPVF Latest News
No recent news available for ICPVF.
ICPVF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ICPVF.
Price Targets
Wall Street price target analysis for ICPVF.
ICPVF MoonshotScore
What does this score mean?
The MoonshotScore rates ICPVF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Mauro Neves de Moraes
Unknown
Information on Mauro Neves de Moraes's background is not available in the provided context. Without additional data, it is impossible to provide details about his career history, education, or previous roles.
Track Record: Information on Mauro Neves de Moraes's track record is not available in the provided context. It is impossible to assess his key achievements, strategic decisions, or company milestones under his leadership without additional data.
ICPVF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Dyno Nobel Limited may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and performance compared to companies listed on major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks carries a higher degree of risk due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure
- Low trading volume and liquidity
- Higher price volatility
- Potential for fraud or manipulation
- Lack of regulatory oversight
- Verify the company's registration and legal status.
- Obtain and review any available financial statements.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor.
- Check for any regulatory actions or legal disputes.
- Established operating history in the commercial explosives industry.
- Presence in multiple geographic markets (US, Australia, Mexico).
- Serves essential industries such as mining and construction.
- Offers a range of explosives products and related services.
Common Questions About ICPVF (Basic Materials)
What does Dyno Nobel Limited do?
Dyno Nobel Limited manufactures and distributes commercial explosives and related services to the mining, quarrying, construction, and oil and gas industries. The company's product portfolio includes packaged explosives, ammonium nitrates, and advanced blasting systems. Dyno Nobel operates primarily in the United States, Australia, and Mexico, providing essential products and services for blasting and excavation activities. The company focuses on delivering safe, reliable, and efficient solutions to its customers, contributing to the extraction of valuable resources and the construction of critical infrastructure.
What do analysts say about ICPVF stock?
Analyst coverage of ICPVF is limited due to its OTC listing. Key valuation metrics include a negative P/E ratio of -16.13 and a gross margin of 49.2%. The company's growth prospects are tied to the performance of the mining, construction, and infrastructure sectors. Investors should carefully consider the company's profitability challenges and the risks associated with investing in OTC stocks. Further research is needed to assess the long-term potential of ICPVF.
What are the main risks for ICPVF?
The main risks for Dyno Nobel Limited include economic downturns, stricter environmental regulations, fluctuations in raw material prices, and increased competition. Economic downturns can reduce demand from key industries, impacting revenue and profitability. Stricter environmental regulations can increase compliance costs and limit operational flexibility. Fluctuations in raw material prices, such as ammonium nitrate, can affect the company's gross margin. Increased competition from established players and new entrants can erode market share and pricing power. These risks should be carefully considered before investing in ICPVF.
What are the key factors to evaluate for ICPVF?
Dyno Nobel Limited (ICPVF) holds an AI score of 49/100 (low). Not financial advice.
How frequently does ICPVF data refresh on this page?
ICPVF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ICPVF's recent stock price performance?
Dyno Nobel Limited (ICPVF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established market position in key regions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ICPVF overvalued or undervalued right now?
Valuing Dyno Nobel Limited (ICPVF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ICPVF?
Before investing in Dyno Nobel Limited (ICPVF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Financial data based on available sources and may not be comprehensive.
- AI analysis pending for ICPVF.