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Norsk Hydro ASA NHY

Morningstar Rating
NOK 69.34 +1.54 (2.27%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NHY is trading at a 10% discount.
Price
NOK 67.65
Fair Value
NOK 88.61
Uncertainty
High
1-Star Price
NOK 39.45
5-Star Price
NOK 16.14
Economic Moat
Xthl
Capital Allocation
Dbvtkwysn
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News

Trading Information

Previous Close Price
NOK 67.80
Day Range
NOK 68.08–69.46
52-Week Range
NOK 53.24–77.40
Bid/Ask
NOK 68.90 / NOK 69.80
Market Cap
NOK 139.02 Bil
Volume/Avg
3.9 Mil / 4.2 Mil

Key Statistics

Price/Earnings (Normalized)
16.04
Price/Sales
0.73
Dividend Yield (Trailing)
8.20%
Dividend Yield (Forward)
3.63%
Total Yield
9.35%

Company Profile

Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
Sector
Basic Materials
Industry
Aluminum
Stock Style Box
Mid Value
Total Number of Employees
32,724

Comparables

Valuation

Metric
NHY
ELHA
000807
Price/Earnings (Normalized)
15.687.7812.16
Price/Book Value
1.360.771.85
Price/Sales
0.710.201.12
Price/Cash Flow
7.573.989.27
Price/Earnings
NHY
ELHA
000807

Financial Strength

Metric
NHY
ELHA
000807
Quick Ratio
1.180.561.27
Current Ratio
1.901.802.10
Interest Coverage
3.262.7742.29
Quick Ratio
NHY
ELHA
000807

Profitability

Metric
NHY
ELHA
000807
Return on Assets (Normalized)
4.19%3.58%10.54%
Return on Equity (Normalized)
8.28%9.72%16.54%
Return on Invested Capital (Normalized)
6.52%6.58%12.69%
Return on Assets
NHY
ELHA
000807
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Aluminum Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ALMMF
Aluminum Corp of China Ltd Class H—Pzy$16.2 Bil
CHHQY
China Hongqiao Group Ltd ADR—Zfn$13.2 Bil
CHHQF
China Hongqiao Group Ltd—Hbzz$13.2 Bil
NHYDY
Norsk Hydro ASA ADR—Zrdz$12.4 Bil
NHYKF
Norsk Hydro ASA—Nbp$12.3 Bil
AA
Alcoa CorpVzfjwgxDzwx$6.5 Bil
CSTM
Constellium SE Class A—Mvcq$2.9 Bil
AWCMY
Alumina Ltd ADRJhfmnwspFnmps$2.9 Bil
AWCMF
Alumina Ltd—Nttb$2.9 Bil
KALU
Kaiser Aluminum Corp—Wzm$1.5 Bil

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