Norsk Hydro ASA NHY
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NHY is a good fit for your portfolio.
News
-
Norsk Hydro: Resilient in weak markets, positioned for growth
-
Norsk Hydro: Primary insiders purchase shares under Long-Term Incentive program and shares to employees
-
Norsk Hydro: Reminder - Invitation to Hydro's first quarter results 2024
-
Norsk Hydro: Notice of Annual General Meeting 2024
-
Norsk Hydro: Invitation to Hydro's first quarter results 2024
-
Norsk Hydro: Industry and Norwegian government agree on the CO2 compensation scheme
-
Norsk Hydro: Eivind Kallevik appointed CEO of Hydro
-
Norsk Hydro: Trond Olaf Christophersen appointed acting CFO in Hydro
Trading Information
- Previous Close Price
- NOK 69.94
- Day Range
- NOK 69.36–70.54
- 52-Week Range
- NOK 53.24–78.64
- Bid/Ask
- NOK 69.00 / NOK 70.20
- Market Cap
- NOK 140.19 Bil
- Volume/Avg
- 4.0 Mil / 4.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 15.62
- Price/Sales
- 0.71
- Dividend Yield (Trailing)
- 8.33%
- Dividend Yield (Forward)
- 3.69%
- Total Yield
- 9.50%
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
- Website
- https://www.hydro.com
Comparables
Valuation
Metric
|
NHY
|
ELHA
|
000807
|
---|---|---|---|
Price/Earnings (Normalized) | 15.62 | 7.76 | 12.39 |
Price/Book Value | 1.35 | 0.77 | 1.89 |
Price/Sales | 0.71 | 0.20 | 1.14 |
Price/Cash Flow | 7.54 | 3.98 | 9.45 |
Price/Earnings
NHY
ELHA
000807
Financial Strength
Metric
|
NHY
|
ELHA
|
000807
|
---|---|---|---|
Quick Ratio | 1.18 | 0.56 | 1.27 |
Current Ratio | 1.90 | 1.80 | 2.10 |
Interest Coverage | 3.26 | 2.77 | 42.29 |
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
Aluminum Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
ALMMF
| Aluminum Corp of China Ltd Class H | — | Vrgc | $16.4 Bil | |
CHHQY
| China Hongqiao Group Ltd ADR | — | Wxz | $13.4 Bil | |
CHHQF
| China Hongqiao Group Ltd | — | Qpwv | $13.4 Bil | |
NHYDY
| Norsk Hydro ASA ADR | — | Jkst | $12.8 Bil | |
NHYKF
| Norsk Hydro ASA | — | Nllb | $12.8 Bil | |
AA
| Alcoa Corp | Fswmqkdz | Jph | $6.6 Bil | |
CSTM
| Constellium SE Class A | — | Ybg | $3.0 Bil | |
AWCMY
| Alumina Ltd ADR | Rmqfdbkq | Zmpnw | $2.9 Bil | |
AWCMF
| Alumina Ltd | — | Sddf | $2.9 Bil | |
CENX
| Century Aluminum Co | Tpzvl | Gdlx | $1.7 Bil |