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NEL ASA NEL

Morningstar Rating
NOK 5.00 +0.43 (9.51%)
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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

NEL is trading within a range we consider fairly valued.
Price
NOK 4.66
Fair Value
NOK 3.64
Uncertainty
Very High
1-Star Price
NOK 11.14
5-Star Price
NOK 6.99
Economic Moat
Fdwc
Capital Allocation
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News

Trading Information

Previous Close Price
NOK 4.57
Day Range
NOK 4.755.13
52-Week Range
NOK 4.2315.30
Bid/Ask
NOK 4.76 / NOK 5.10
Market Cap
NOK 8.35 Bil
Volume/Avg
11.3 Mil / 8.6 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
4.88
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Fueling and Electroiyser. It generates maximum revenue from the Electroiyser segment. Electrolyser segment produces electrolysers for hydrogen production and Fueling produces hydrogen fueling stations for cars, buses, trucks, and other on-road vehicles.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Small Core
Total Number of Employees
673

Comparables

Valuation

Metric
NEL
GREENH
KEC
Price/Earnings (Normalized)
6.55
Price/Book Value
1.341.750.76
Price/Sales
4.8830.571.13
Price/Cash Flow
2.33
Price/Earnings
NEL
GREENH
KEC

Financial Strength

Metric
NEL
GREENH
KEC
Quick Ratio
3.320.520.90
Current Ratio
4.280.711.26
Interest Coverage
−8.169.20
Quick Ratio
NEL
GREENH
KEC

Profitability

Metric
NEL
GREENH
KEC
Return on Assets (Normalized)
−8.53%−21.53%8.16%
Return on Equity (Normalized)
−10.68%−50.86%12.46%
Return on Invested Capital (Normalized)
−16.22%−24.05%11.41%
Return on Assets
NEL
GREENH
KEC
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