|
Market Closed -
Oslo Bors
10:45:00 2026-10-16 EDT
|
5-day change | 1st Jan Change | ||
| 2.065 NOK | +2.23% |
|
+3.56% | -7.48% |
| 10-16 | AlphaValue/Baader Europe Downgrades Nel ASA to Add, Cuts PT | MT |
| 10-16 | Nel: Opinion change, from Buy to Add | ![]() |
Company Valuation: Nel ASA
Data adjusted to current consolidation scope
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Market Cap 1 | 22,213 | 21,654 | 11,513 | 4,518 | 4,103 | 3,796 | - | - |
| Change | - | -2.51% | -46.83% | -60.75% | -9.2% | -7.48% | - | - |
| Enterprise Value (EV) 1 | 19,513 | 21,654 | 8,172 | 2,903 | 2,718 | 2,916 | 3,100 | 3,280 |
| Change | - | 10.97% | -62.26% | -64.48% | -6.35% | 7.28% | 6.31% | 5.81% |
| P/E | -13.2x | -18.2x | -13.3x | -18x | -3.19x | -6.25x | -9.42x | -13.4x |
| PBR | 4.38x | - | 1.84x | 0.91x | 1.02x | 1.08x | 1.16x | 1.38x |
| PEG | - | 0.5x | 0.4x | 0.3x | -0x | 0.1x | 0.3x | 0.5x |
| Capitalization / Revenue | 27.8x | 21.8x | 6.49x | 3.02x | 3.73x | 4.62x | 2.79x | 2.25x |
| EV / Revenue | 24.5x | 21.8x | 4.61x | 1.94x | 2.47x | 3.55x | 2.28x | 1.94x |
| EV / EBITDA | -41.1x | -27.8x | -17.2x | -16.8x | -9.89x | -6.75x | -14.3x | -20.2x |
| EV / EBIT | -33.5x | -16.9x | -11.7x | -7.45x | -1.99x | -4.71x | -7.21x | -10.9x |
| EV / FCF | -23.6x | - | -5.8x | -3.52x | -5x | -5.64x | -8.39x | -13.9x |
| FCF Yield | -4.24% | - | -17.2% | -28.4% | -20% | -17.7% | -11.9% | -7.18% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Rate of return | - | - | - | - | - | - | - | - |
| EPS 2 | -1.15 | -0.76 | -0.52 | -0.15 | -0.7 | -0.3302 | -0.2192 | -0.1544 |
| Distribution rate | - | - | - | - | - | - | - | - |
| Net sales 1 | 798 | 993.6 | 1,773 | 1,495 | 1,100 | 821.5 | 1,359 | 1,690 |
| EBITDA 1 | -475.2 | -779.9 | -473.7 | -172.9 | -274.8 | -432.1 | -216.4 | -162.6 |
| EBIT 1 | -582.9 | -1,279 | -699.5 | -389.4 | -1,365 | -619.3 | -430.1 | -300.4 |
| Net income 1 | -1,667 | -1,171 | -855.2 | -244.3 | -1,265 | -588.7 | -380.8 | -255.4 |
| Net Debt 1 | -2,700 | - | -3,341 | -1,616 | -1,384 | -879.5 | -695.5 | -515.3 |
| Reference price 2 | 15.210 | 13.855 | 6.890 | 2.704 | 2.232 | 2.065 | 2.065 | 2.065 |
| Nbr of stocks (in thousands) | 1,460,396 | 1,562,907 | 1,670,907 | 1,670,907 | 1,838,040 | 1,838,040 | - | - |
| Announcement Date | 2/16/22 | 2/28/23 | 2/28/24 | 2/26/25 | 2/26/26 | - | - | - |
1NOK in Million2NOK
Estimates
P/E, Detailed evolution
| P/E (N) | EV / Sales (N) | EV / EBITDA (N) | Dividend Yield (N) | Capi.($) | ||
|---|---|---|---|---|---|---|
| -6.25x | 3.55x | -6.75x | -.--% | 402M | ||
| 30.58x | 2.41x | 15.66x | 1.48% | 130B | ||
| 19.97x | 1.1x | 8.12x | 0.9% | 27.96B | ||
| 11.67x | 1.47x | 7.91x | 2.02% | 23.67B | ||
| 9.88x | 3.24x | 6.23x | -.--% | 18.55B | ||
| 15.84x | 3.68x | 12.79x | 4.16% | 13.61B | ||
| 21.07x | 2.51x | 11.86x | -.--% | 12.14B | ||
| -13.63x | 0.95x | 23.59x | -.--% | 12.3B | ||
| 10.1x | 0.71x | 8.71x | 4.87% | 10.92B | ||
| 15.96x | 1.02x | 8.87x | 1.67% | 8.5B | ||
| Average | 11.52x | 2.07x | 9.70x | 1.51% | 25.79B | |
| Weighted average by Cap. | 21.46x | 2.13x | 12.95x | 1.51% |
Y-o-Y evolution of P/E
Historical PBR trend
Evolution Enterprise Value / Sales
Change in Enterprise Value/EBITDA
Year-on-year evolution of the Yield
- Stock Market
- Stocks
- NEL Stock
- Valuation Nel ASA
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