Valuation: Nel ASA

Market Cap 3.84B 411M 353M 330M 302M 569M 39.33B 578M 3.89B 1.52B 19.72B 1.54B 1.51B 65.22B P/E 2026 *
-6.45x
P/E 2027 * -10.2x
Enterprise Value 2.74B 293M 252M 235M 216M 405M 28.03B 412M 2.77B 1.09B 14.06B 1.1B 1.08B 46.48B EV / Sales 2026 *
3.6x
EV / Sales 2027 * 2.16x
Free-Float
90.14%
Yield 2026 *
-
Yield 2027 * -
1 day-1.88%
1 week-6.90%
Current month-2.34%
1 month-1.42%
3 months-38.71%
6 months-1.79%
Current year-6.36%
1 week 2.08
Extreme 2.085
2.26
1 month 2.08
Extreme 2.085
2.3
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
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.
6/11/25 Buy

Executive/Senior Manager

10,000 0.0005%
30/10/23 Buy

Chief Financial Officer

20,000 0.0012%
26/8/22 Sell

Chief Technology Officer

65,000 0.0042%
Change 5-day change 1-year change 3-year change Capi.($)
-1.88%-6.90%-14.83%-81.91% 416M
+0.04%-2.66%+59.41%+1,076.37% 153B
-5.55%-7.15%+16.89%+45.70% 35.93B
-3.60%-2.00%+24.28%+141.89% 13.69B
-3.04%-4.63%-21.56%-63.39% 4.47B
-6.10%-6.67%-13.83%-34.75% 3.68B
-6.02%-4.27%+32.37%-39.70% 2.47B
-7.40%-6.30%-16.09%+16.21% 2.31B
+2.72%-8.56%+54.35%-46.62% 1.68B
+2.50%-5.20%-44.78%-76.28% 739M
Average -2.87%-5.83%+7.62%+93.75% 21.82B
Weighted average by Cap. -1.88%-3.21%+45.67%+767.26%

Financials

2026 *2027 *
Net sales 760M 81.42M 69.84M 65.22M 59.84M 113M 7.78B 114M 770M 301M 3.9B 306M 299M 12.91B 1.39B 149M 128M 119M 109M 206M 14.22B 209M 1.41B 551M 7.13B 559M 547M 23.58B
Net income -556M -59.51M -51.05M -47.66M -43.73M -82.24M -5.69B -83.59M -562M -220M -2.85B -223M -219M -9.43B -359M -38.43M -32.96M -30.78M -28.24M -53.11M -3.67B -53.98M -363M -142M -1.84B -144M -141M -6.09B
Net Debt -1.1B -118M -101M -94.67M -86.86M -163M -11.3B -166M -1.12B -437M -5.67B -444M -434M -18.73B -837M -89.65M -76.9M -71.81M -65.88M -124M -8.57B -126M -847M -332M -4.3B -337M -329M -14.21B
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
19/08/26 NOK 2.090 -1.88% 1,797,324
18/08/26 NOK 2.130 -0.47% 1,805,904
17/08/26 NOK 2.140 -1.83% 3,040,397
14/08/26 NOK 2.180 -1.36% 2,421,874
13/08/26 NOK 2.210 -1.34% 2,915,063
Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
14
Last Close Price
2.130NOK
Average target price
2.083NOK
Spread / Average Target
-2.19%

Quarterly revenue - Rate of surprise