Valuation: Nel ASA

Market Cap 395.18Cr 41Cr 36Cr 33Cr 31Cr 58Cr 3.93TCr 59Cr 394.82Cr 154.34Cr 1.97TCr 155.34Cr 151.93Cr 6.52TCr P/E 2026 *
-6.64x
P/E 2027 * -10x
Enterprise Value 298.36Cr 31Cr 27Cr 25Cr 23Cr 44Cr 2.97TCr 44Cr 298.09Cr 116.53Cr 1.49TCr 117.28Cr 114.71Cr 4.92TCr EV / Sales 2026 *
3.86x
EV / Sales 2027 * 2.3x
Free-Float
90.14%
Yield 2026 *
-
Yield 2027 * -
1 week+1.65%
Current month+0.47%
1 month-10.04%
3 months-37.13%
6 months+0.75%
Current year-3.67%
1 week 2.1
Extreme 2.105
2.22
1 month 2.1
Extreme 2.1
2.42
Current year 1.92
Extreme 1.919
3.96
1 year 1.92
Extreme 1.919
3.96
3 years 1.92
Extreme 1.919
12.71
5 years 1.92
Extreme 1.919
20.44
10 years 1.67
Extreme 1.67
35.15
Manager TitleAgeSince
Chief Executive Officer 50 01/07/2022
Director of Finance/CFO 50 01/03/2020
Chief Tech/Sci/R&D Officer - 01/06/2023
Director TitleAgeSince
Director/Board Member 54 15/05/2017
Director/Board Member 58 01/05/2019
Director/Board Member 60 13/05/2020
Date Insider Type Main position Quantity % Market Cap.
06/11/25 Buy

Executive/Senior Manager

10,000 0.0005%
30/10/23 Buy

Chief Financial Officer

20,000 0.0012%
26/08/22 Sell

Chief Technology Officer

65,000 0.0042%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%+1.65%-14.21%-83.20% 41Cr
+2.25%+9.40%+52.26%+869.85% 15TCr
+2.51%-8.49%+41.22%+39.96% 3.15TCr
-1.28%+6.12%+28.57%+130.82% 1.33TCr
+0.07%+9.84%-8.51%-61.65% 483.68Cr
+0.09%+3.93%+3.37%-35.51% 371.85Cr
+2.61%-2.07%+47.35%-43.42% 224.85Cr
+5.99%-3.95%-21.52%-2.22% 191.18Cr
+6.59%+23.34%+83.55%-45.21% 193.37Cr
+3.52%+15.88%-1.50%-67.29% 87Cr
Average +2.33%+3.25%+21.06%+70.21% 2.06TCr
Weighted average by Cap. +2.77%+0.38%+45.92%+624.32%

Financials

2026 *2027 *
Net sales 77Cr 8.1Cr 7.03Cr 6.56Cr 6.02Cr 11Cr 770.35Cr 12Cr 77Cr 30Cr 385.08Cr 30Cr 30Cr 1.28TCr 141.94Cr 15Cr 13Cr 12Cr 11Cr 21Cr 1.41TCr 21Cr 141.81Cr 55Cr 706.49Cr 56Cr 55Cr 2.34TCr
Net income -59Cr -6.2Cr -5.38Cr -5.02Cr -4.61Cr -8.72Cr -589.86Cr -8.82Cr -59Cr -23Cr -294.86Cr -23Cr -23Cr -977.01Cr -38Cr -3.99Cr -3.46Cr -3.23Cr -2.97Cr -5.61Cr -379.53Cr -5.67Cr -38Cr -15Cr -189.72Cr -15Cr -15Cr -628.64Cr
Net Debt -97Cr -10Cr -8.8Cr -8.2Cr -7.54Cr -14Cr -963.97Cr -14Cr -97Cr -38Cr -481.88Cr -38Cr -37Cr -1.6TCr -69Cr -7.25Cr -6.3Cr -5.87Cr -5.39Cr -10Cr -689.77Cr -10Cr -69Cr -27Cr -344.81Cr -27Cr -27Cr -1.14TCr
Logo Nel ASA
Nel ASA is a Norway-based hydrogen company that delivers solutions to produce, store and distribute hydrogen from renewable energy. The Company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. The Company's business activities are divided into two operation segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is a manufacturer of hydrogen fueling stations for Fuel Cell Electric Vehicles. Nel’s H2Station manufacturing plant is located in Herning, Denmark. The Nel Hydrogen Electrolyser segment is a global supplier of hydrogen production equipment based on both alkaline and proton exchange membrane (PEM) water electrolysis technology. Nel Hydrogen Electrolyser has production facilities in Heroya, Norway, and in Wallingford, USA.
Employees
313
Date Price Change Volume
04/26/04 NOK 2.150 0.00% 20,44,030
03/26/03 NOK 2.150 +0.47% 29,54,297
31/26/31 NOK 2.140 -0.47% 21,95,248
30/26/30 NOK 2.150 +0.47% 14,97,154
29/26/29 NOK 2.140 +1.18% 19,81,747
Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
13
Last Close Price
2.150NOK
Average target price
2.109NOK
Spread / Average Target
-1.90%

Quarterly revenue - Rate of surprise