Company Valuation: Nel ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 40,758 22,213 21,654 11,513 4,518 3,908 3,908 -
Change - -45.5% -2.51% -46.83% -60.75% -13.51% 0% -
Enterprise Value (EV) 1 38,456 19,513 21,654 8,172 2,903 2,392 2,697 2,959
Change - -49.26% 10.97% -62.26% -64.48% -17.58% 12.73% 9.72%
P/E ratio 31.8x -13.2x -18.2x -13.3x -18x -6.93x -8.16x -10.2x
PBR 7.46x 4.38x - 1.84x 0.91x 0.81x 0.88x 0.94x
PEG - 0x 0.5x 0.4x 0.3x -0x 0.5x 0.5x
Capitalization / Revenue 62.5x 27.8x 21.8x 6.49x 3.02x 3.96x 3.98x 2.66x
EV / Revenue 59x 24.5x 21.8x 4.61x 1.94x 2.42x 2.75x 2.01x
EV / EBITDA -153x -41.1x -27.8x -17.2x -16.8x -6.6x -10.3x -18.2x
EV / EBIT -92.8x -33.5x -16.9x -11.7x -7.45x -3.84x -5.09x -7.03x
EV / FCF -85.8x -23.6x - -5.8x -3.52x -5.27x -4.62x -4.2x
FCF Yield -1.17% -4.24% - -17.2% -28.4% -19% -21.6% -23.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.91 -1.15 -0.76 -0.52 -0.15 -0.307 -0.2606 -0.2094
Distribution rate - - - - - - - -
Net sales 1 651.9 798 993.6 1,773 1,495 987.9 981.1 1,470
EBITDA 1 -251.5 -475.2 -779.9 -473.7 -172.9 -362.5 -261.1 -162.7
EBIT 1 -414.5 -582.9 -1,279 -699.5 -389.4 -623.7 -529.3 -420.9
Net income 1 1,262 -1,667 -1,171 -855.2 -244.3 -546.1 -491.1 -386.7
Net Debt 1 -2,303 -2,700 - -3,341 -1,616 -1,515 -1,211 -948.9
Reference price 2 28.960 15.210 13.855 6.890 2.704 2.126 2.126 2.126
Nbr of stocks (in thousands) 14,07,401 14,60,396 15,62,907 16,70,907 16,70,907 18,38,040 18,38,040 -
Announcement Date 18/02/21 16/02/22 28/02/23 28/02/24 26/02/25 - - -
1NOK in Million2NOK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-6.85x2.36x-6.44x-.--% 40Cr
40.06x2.71x19.05x1.1% 15TCr
19.67x2.98x14.63x0.99% 4.32TCr
42.92x1.36x17.4x1.22% 721.19Cr
-8.77x1.05x34.46x-.--% 685.33Cr
93.11x - - 0.22% 280.45Cr
21.95x - - 0.93% 191.36Cr
58.08x1.67x11.12x-.--% 170.01Cr
Average 32.52x 2.02x 15.04x 0.56% 2.64TCr
Weighted average by Cap. 35.00x 2.65x 18.46x 1.02%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield