Valuation: Nel ASA

Market Cap 3.91B 420M 360M 337M 308M 578M 40.17B 586M 3.98B 1.55B 20.18B 1.58B 1.54B 66.75B P/E 2026 *
-6.56x
P/E 2027 * -10.4x
Enterprise Value 2.8B 301M 258M 241M 221M 415M 28.82B 420M 2.85B 1.11B 14.48B 1.13B 1.11B 47.89B EV / Sales 2026 *
3.69x
EV / Sales 2027 * 2.21x
Free-Float
90.14%
Yield 2026 *
-
Yield 2027 * -
1 day-0.93%
1 week-2.52%
Current month-0.70%
1 month-2.30%
3 months-40.56%
6 months+1.00%
Current year-4.79%
1 week 2.08
Extreme 2.085
2.2
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.($)
-0.93%-2.52%-12.19%-81.76% 420M
+0.51%-4.58%+65.08%+1,062.26% 153B
+1.97%-3.12%+15.55%+59.75% 34.53B
+2.62%-2.74%+29.79%+145.57% 13.09B
+0.86%-0.54%-22.94%-61.99% 4.39B
+1.86%-6.01%-11.48%-30.83% 3.52B
+1.63%-1.56%+35.59%-32.58% 2.36B
+0.95%-7.90%-10.34%+20.61% 2.16B
-0.44%-13.70%+50.40%-51.04% 1.62B
-0.42%-7.13%-48.29%-77.32% 722M
Average +0.86%-6.07%+9.12%+95.27% 21.6B
Weighted average by Cap. +0.90%-4.63%+50.27%+768.93%

Financials

2026 *2027 *
Net sales 760M 81.72M 70M 65.5M 59.95M 113M 7.82B 114M 774M 302M 3.93B 307M 300M 12.99B 1.39B 149M 128M 120M 110M 206M 14.29B 208M 1.41B 551M 7.18B 561M 548M 23.74B
Net income -556M -59.72M -51.16M -47.87M -43.82M -82.23M -5.71B -83.32M -566M -221M -2.87B -224M -219M -9.49B -359M -38.57M -33.04M -30.91M -28.3M -53.1M -3.69B -53.8M -365M -142M -1.85B -145M -142M -6.13B
Net Debt -1.1B -119M -102M -95.07M -87.03M -163M -11.35B -165M -1.12B -438M -5.7B -445M -436M -18.86B -837M -89.98M -77.07M -72.12M -66.01M -124M -8.61B -126M -852M -332M -4.32B -338M -330M -14.3B
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
21/08/26 NOK 2.125 -0.93% 984,097
20/08/26 NOK 2.145 +2.63% 1,398,732
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
Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
14
Last Close Price
2.125NOK
Average target price
2.083NOK
Spread / Average Target
-1.96%

Quarterly revenue - Rate of surprise