Obermatt

Nel ASA

OSL:NEL · NO0010081235
Electrical EquipmentSmall

360

6
Profit price67
Owner Earnings Yield1
Dividend Yield1
Price/Sales19
EV / Gross Profit43
Price/Book80
Return on Capital14
Cash Return on Capital12
Return on Equity10
EBIT Margin14
Gross Profitability30
Accruals83
Owner Earnings Margin10
Sales growth8
Profit Growth8
Long-Term EPS Growth72
Reinvestment42
Price momentum52
Debt load89
Refinancing74
Debt Payback1
Liquidity8
Analyst ratings1
Opinion Changes50
Price Target Upside9
Market mood37
Value Creation0/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Nel ASA doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryGermany
IndustryElectrical Equipment
SizeSmall
TypePublic Company
ExchangeOB
Founded1998
Employees293
ISINNO0010081235
Last UpdateApr 2, 2026
Index & Theme
Clean EnergyPower GridCleanTechFuel CellsHydrogenBiotechnologyGenetics

Description

Nel ASA involves in the development, production, and marketing of hydrogen technologies and solutions. It provides sustainable energy solutions through its advanced hydrogen technologies, which are vital for the global transition toward renewable ene…

Analysis

Weak and unloved

Nel ASA is weak and unloved: below-average business metrics and a price that reflects that disappointment.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 0/20 on our value-creation score: not creating value. Analyst sentiment is cautious.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
14
2023202420252026

All-time high

48

Jan 2024

All-time low

1

Jan 2025

Average rank

21

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
36
23
7
Price/Earnings
82
1
64
Price/Book
80
95
63
50
Dividend Yield
1
1
1
1
Value (overall)
61
26
36
26

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →