Valuation: Nel ASA

Market Cap 4.05B 427M 370M 346M 316M 596M 40.76B 605M 4.05B 1.59B 20.39B 1.6B 1.57B 67.91B P/E 2026 *
-6.81x
P/E 2027 * -10.8x
Enterprise Value 2.95B 311M 269M 252M 230M 433M 29.66B 440M 2.95B 1.16B 14.84B 1.17B 1.14B 49.42B EV / Sales 2026 *
3.88x
EV / Sales 2027 * 2.32x
Free-Float
90.14%
Yield 2026 *
-
Yield 2027 * -
1 day+2.08%
1 week+2.56%
Current month+3.04%
1 month+0.23%
3 months-23.44%
6 months+0.50%
Current year-1.21%
1 week 2.12
Extreme 2.125
2.22
1 month 2.1
Extreme 2.1
2.28
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
12.3
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.($)
0.00%+2.56%-9.78%-81.79% 427M
+0.74%+4.79%+61.04%+1,040.12% 153B
-0.39%+9.61%+39.35%+38.36% 34.6B
-1.88%-0.51%+25.13%+136.84% 13.51B
+0.29%-3.29%-11.59%-63.06% 4.68B
+0.78%+0.52%+4.19%-34.29% 3.74B
-1.46%+6.32%+52.02%-45.57% 2.39B
-2.03%+14.50%-17.71%+9.83% 2.19B
-4.13%-13.12%+37.65%-51.38% 1.81B
-4.14%-6.26%-3.27%-76.37% 819M
Average -0.82%-0.93%+17.70%+87.27% 21.69B
Weighted average by Cap. +0.37%+2.76%+51.32%+743.81%

Financials

2026 *2027 *
Net sales 760M 80.15M 69.39M 64.86M 59.28M 112M 7.64B 113M 761M 298M 3.82B 301M 294M 12.74B 1.39B 146M 127M 119M 108M 204M 13.97B 207M 1.39B 545M 6.99B 550M 538M 23.27B
Net income -556M -58.58M -50.71M -47.4M -43.32M -81.63M -5.59B -82.91M -556M -218M -2.79B -220M -215M -9.31B -359M -37.83M -32.75M -30.61M -27.98M -52.72M -3.61B -53.54M -359M -141M -1.8B -142M -139M -6.01B
Net Debt -1.1B -116M -101M -94.15M -86.04M -162M -11.1B -165M -1.1B -433M -5.55B -437M -427M -18.49B -837M -88.25M -76.4M -71.41M -65.27M -123M -8.42B -125M -837M -329M -4.21B -331M -324M -14.02B
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
11/08/26 NOK 2.205 0.00% 140,452
10/08/26 NOK 2.205 +2.08% 1,263,290
07/08/26 NOK 2.160 -1.37% 2,554,368
06/08/26 NOK 2.190 +1.62% 1,781,903
05/08/26 NOK 2.155 +0.23% 3,669,277
Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
14
Last Close Price
2.205NOK
Average target price
2.083NOK
Spread / Average Target
-5.52%

Quarterly revenue - Rate of surprise