|
Market Closed -
Oslo Bors
17:45:00 20/10/2026 +03
|
5-day change | 1st Jan Change | ||
| 2.005 NOK | +0.25% |
|
-5.42% | -10.17% |
| 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 | 3,676 | - | - |
| Change | - | -2.51% | -46.83% | -60.75% | -9.2% | -10.39% | - | - |
| Enterprise Value (EV) 1 | 19,513 | 21,654 | 8,172 | 2,903 | 2,718 | 2,865 | 2,967 | 3,144 |
| Change | - | 10.97% | -62.26% | -64.48% | -6.35% | 5.39% | 3.57% | 5.95% |
| P/E | -13.2x | -18.2x | -13.3x | -18x | -3.19x | -6.17x | -9.17x | -12.2x |
| PBR | 4.38x | - | 1.84x | 0.91x | 1.02x | 1.05x | 1.12x | 1.35x |
| 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 | 4.53x | 2.7x | 2.15x |
| EV / Revenue | 24.5x | 21.8x | 4.61x | 1.94x | 2.47x | 3.53x | 2.18x | 1.84x |
| EV / EBITDA | -41.1x | -27.8x | -17.2x | -16.8x | -9.89x | -6.76x | -14x | -22.2x |
| EV / EBIT | -33.5x | -16.9x | -11.7x | -7.45x | -1.99x | -4.61x | -6.94x | -9.95x |
| EV / FCF | -23.6x | - | -5.8x | -3.52x | -5x | -4.15x | -8.03x | -13.3x |
| FCF Yield | -4.24% | - | -17.2% | -28.4% | -20% | -24.1% | -12.5% | -7.49% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Rate of return | - | - | - | - | - | - | - | - |
| EPS 2 | -1.15 | -0.76 | -0.52 | -0.15 | -0.7 | -0.3244 | -0.218 | -0.1646 |
| Distribution rate | - | - | - | - | - | - | - | - |
| Net sales 1 | 798 | 993.6 | 1,773 | 1,495 | 1,100 | 811.1 | 1,361 | 1,712 |
| EBITDA 1 | -475.2 | -779.9 | -473.7 | -172.9 | -274.8 | -423.5 | -212.3 | -141.8 |
| EBIT 1 | -582.9 | -1,279 | -699.5 | -389.4 | -1,365 | -621 | -427.5 | -315.8 |
| Net income 1 | -1,667 | -1,171 | -855.2 | -244.3 | -1,265 | -579.1 | -388.7 | -288.3 |
| Net Debt 1 | -2,700 | - | -3,341 | -1,616 | -1,384 | -811.3 | -709 | -532.4 |
| Reference price 2 | 15.210 | 13.855 | 6.890 | 2.704 | 2.232 | 2.000 | 2.000 | 2.000 |
| 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 A | 2/28/23 A | 2/28/24 A | 2/26/25 A | 2/26/26 A | - | - | - |
1NOK in Million2NOK
Estimates
P/E, Detailed evolution
| P/E (Y) | EV / Sales (Y) | EV / EBITDA (Y) | Dividend Yield (Y) | Capi.($) | ||
|---|---|---|---|---|---|---|
| -6.17x | 3.53x | -6.76x | -.--% | 390M | ||
| 30.16x | 2.38x | 15.43x | 1.5% | 128B | ||
| 19.62x | 1.08x | 7.97x | 0.9% | 27.4B | ||
| 11.79x | 1.49x | 8.01x | 2% | 23.93B | ||
| 9.84x | 3.22x | 6.19x | -.--% | 18.46B | ||
| 16.01x | 3.67x | 12.75x | 4.17% | 13.59B | ||
| -13.88x | 0.97x | 24.2x | -.--% | 12.53B | ||
| 20.98x | 2.5x | 11.8x | -.--% | 12.09B | ||
| 16.03x | 1.02x | 8.58x | 1.66% | 8.54B | ||
| 16.69x | 2.12x | 10.59x | 0.14% | 7.63B | ||
| Average | 12.11x | 2.20x | 9.88x | 1.04% | 25.23B | |
| Weighted average by Cap. | 21.45x | 2.17x | 12.94x | 1.33% |
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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