Valuation: Nel ASA

Market Cap 3.92B 409M 359M 334M 306M 575M 39.35B 584M 3.96B 1.55B 19.35B 1.53B 1.5B 66.89B P/E 2026 *
-6.58x
P/E 2027 * -9.96x
Enterprise Value 2.95B 308M 270M 251M 231M 433M 29.62B 440M 2.98B 1.17B 14.56B 1.15B 1.13B 50.35B EV / Sales 2026 *
3.81x
EV / Sales 2027 * 2.27x
Free-Float
90.14%
Yield 2026 *
-
Yield 2027 * -
1 day-3.40%
1 week+0.47%
Current month-9.94%
1 month-9.55%
3 months-9.36%
6 months-7.39%
Current year-4.57%
1 week 2.12
Extreme 2.115
2.23
1 month 2.1
Extreme 2.105
2.44
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
14.06
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.
24/4/26 Buy

Chairman

100,000 0.0054%
30/3/26 Free

Director

4,064 0.0002%
6/11/25 Buy

Executive/Senior Manager

10,000 0.0005%
Change 5-day change 1-year change 3-year change Capi.($)
-3.40%+0.47%-22.99%-84.61% 409M
+0.58%+2.49%+56.25%+856.03% 147B
-3.71%+11.62%+49.67%+46.67% 34.39B
-5.17%+6.29%+10.86%+104.92% 12.65B
-4.79%+3.16%-20.90%-65.05% 4.3B
-2.66%+7.56%-5.52%-35.98% 3.5B
-4.87%-0.54%+47.07%-44.02% 2.26B
-2.36%-8.99%-1.28%-1.77% 1.98B
-6.80%-4.48%+43.28%-52.12% 1.78B
-5.42%-12.93%-23.01%-72.12% 818M
Average -3.86%+0.54%+13.34%+65.20% 20.95B
Weighted average by Cap. -0.82%+3.96%+48.59%+612.97%

Financials

2026 *2027 *
Net sales 774M 80.75M 70.92M 65.96M 60.53M 114M 7.78B 115M 783M 306M 3.82B 303M 297M 13.22B 1.42B 148M 130M 121M 111M 209M 14.27B 212M 1.44B 561M 7.01B 556M 544M 24.25B
Net income -592M -61.83M -54.31M -50.5M -46.34M -87.08M -5.95B -88.42M -600M -234M -2.93B -232M -227M -10.12B -381M -39.78M -34.94M -32.5M -29.82M -56.03M -3.83B -56.89M -386M -151M -1.88B -149M -146M -6.51B
Net Debt -968M -101M -88.75M -82.54M -75.74M -142M -9.73B -144M -980M -383M -4.78B -379M -371M -16.54B -693M -72.31M -63.51M -59.06M -54.19M -102M -6.96B -103M -701M -274M -3.42B -271M -266M -11.84B
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
24/07/26 NOK 2.130 -3.40% 2,284,929
23/07/26 NOK 2.205 +1.38% 2,507,700
22/07/26 NOK 2.175 -0.46% 1,340,113
21/07/26 NOK 2.185 +0.92% 1,117,079
20/07/26 NOK 2.165 +2.12% 1,837,847
Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
13
Last Close Price
2.130NOK
Average target price
2.109NOK
Spread / Average Target
-0.98%

Quarterly revenue - Rate of surprise