thyssenkrupp nucera KGaA (NCH2) Stock Overview
Engages in the development, engineering, procurement, commissioning, and licensing of electrolysis technologies in Germany, Saudi Arabia, Sweden, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NCH2 from our risk checks.
NCH2 Community Fair Values
Create NarrativeSee what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
€14.4
FV
41.9% undervalued intrinsic discount15.00%
Revenue growth p.a.
2.3k
users have viewed this narrative3users have liked this narrative
1users have commented on this narrative
21users have followed this narrative
thyssenkrupp nucera AG & Co. KGaA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €8.37 |
| 52 Week High | €11.90 |
| 52 Week Low | €7.24 |
| Beta | 1.09 |
| 1 Month Change | -0.89% |
| 3 Month Change | -2.67% |
| 1 Year Change | -20.29% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -64.41% |
Recent News & Updates
Narrative Update • May 23
NCH2: Large Hydrogen Contracts Will Support Future Earnings Recovery Potential
Analysts have maintained their price target for thyssenkrupp nucera KGaA at €15.00. Updated assumptions indicate higher expected revenue growth and profit margins, partly offset by a slightly higher discount rate and a marginally lower future P/E.
Narrative Update • May 03
NCH2: Long Dated Hydrogen Orders Will Support Future Margin Upside
Analysts have trimmed their price target for thyssenkrupp nucera KGaA slightly, from €10.89 to €10.74, reflecting updated assumptions for slower revenue growth, a higher discount rate and a lower future P/E multiple, partly offset by a stronger profit margin outlook. What's in the News The company hosted an Analyst/Investor Day, providing the market with a detailed update on the business and project pipeline (Analyst/Investor Day).Narrative Update • Apr 18
NCH2: New Hydrogen Contracts And Guidance Reset Will Support Earnings Recovery
Analysts kept their €15.00 price target for thyssenkrupp nucera KGaA unchanged, pointing to only minor tweaks to assumptions such as a slightly higher discount rate, a small adjustment in revenue growth and profit margin expectations, and a marginally lower future P/E multiple. What's in the News thyssenkrupp nucera plans an Analyst/Investor Day.Recent updates
Narrative Update • May 23
NCH2: Large Hydrogen Contracts Will Support Future Earnings Recovery Potential
Analysts have maintained their price target for thyssenkrupp nucera KGaA at €15.00. Updated assumptions indicate higher expected revenue growth and profit margins, partly offset by a slightly higher discount rate and a marginally lower future P/E.Narrative Update • May 03
NCH2: Long Dated Hydrogen Orders Will Support Future Margin Upside
Analysts have trimmed their price target for thyssenkrupp nucera KGaA slightly, from €10.89 to €10.74, reflecting updated assumptions for slower revenue growth, a higher discount rate and a lower future P/E multiple, partly offset by a stronger profit margin outlook. What's in the News The company hosted an Analyst/Investor Day, providing the market with a detailed update on the business and project pipeline (Analyst/Investor Day).Narrative Update • Apr 18
NCH2: New Hydrogen Contracts And Guidance Reset Will Support Earnings Recovery
Analysts kept their €15.00 price target for thyssenkrupp nucera KGaA unchanged, pointing to only minor tweaks to assumptions such as a slightly higher discount rate, a small adjustment in revenue growth and profit margin expectations, and a marginally lower future P/E multiple. What's in the News thyssenkrupp nucera plans an Analyst/Investor Day.Narrative Update • Apr 04
NCH2: Future Hydrogen Project Pipeline Will Drive Order Backlog Upside
Analysts have adjusted the price target for thyssenkrupp nucera KGaA from €10.52 to €10.89, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E expectations. What's in the News thyssenkrupp nucera held an Analyst and Investor Day, giving the market more detail on its business outlook and project pipeline (company event).Narrative Update • Mar 20
NCH2: Contracted Pipeline And 2025 Guidance Will Support Earnings Recovery
Analysts have maintained their €15.00 price target for thyssenkrupp nucera KGaA, with only very small adjustments to their models for discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News thyssenkrupp nucera AG & Co. KGaA held an Analyst/Investor Day, providing a platform for management to update the market on the business and its project pipeline (Key Developments).Narrative Update • Mar 06
NCH2: Future Large Middle East Orders Will Support Earnings Recovery
Analysts now maintain a €15.00 price target for thyssenkrupp nucera KGaA, with the unchanged figure reflecting updated views on discount rate, revenue growth, profit margin and future P/E assumptions that broadly offset one another. What's in the News The company reiterated its earnings guidance for 2025/26, expecting order intake between €350 million and €900 million, group sales between €500 million and €600 million, and consolidated EBIT in a range from a loss of €30 million to break even (Corporate Guidance).Narrative Update • Feb 19
NCH2: Future Chlor Alkali Orders Will Support Earnings Recovery
Analysts have trimmed their price target on thyssenkrupp nucera KGaA from €16.00 to €15.00, reflecting updated assumptions for slightly lower revenue growth, a higher discount rate, a marginally stronger profit margin, and a higher future P/E multiple. What's in the News The company reiterates earnings guidance for 2025/26, expecting group order intake between €350 million and €900 million and group sales between €500 million and €600 million, mainly supported by major new build projects and chlor-alkali service demand (company guidance).
Narrative Update • Feb 05
NCH2: Weak Medium Term Sales Outlook Will Constrain Margin Recovery
Analysts have trimmed their price target for thyssenkrupp nucera KGaA slightly, reflecting updated assumptions for a modest revenue decline alongside a small improvement in profit margin and P/E expectations. What's in the News Thyssenkrupp nucera AG & Co. KGaA has been removed from the Germany SDAX (Total Return) Index, changing its position among smaller listed German companies (Index Constituent Drops).Narrative Update • Jan 21
NCH2: Softer Orders And Modest Margin Gains Will Shape Fairly Valued Outlook
Analysts have nudged their price target for thyssenkrupp nucera KGaA higher from €7.80 to €8.20, citing updated assumptions that factor in a slightly higher discount rate, softer revenue growth expectations, a higher projected profit margin at 5.65% and a marginally richer future P/E of about 38.6x. What's in the News thyssenkrupp nucera AG & Co. KGaA has been removed from the Germany SDAX (Total Return) Index, which may affect how some index-tracking funds hold or trade the stock (Key Developments).Analysis Article • Jan 15
There's Reason For Concern Over thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) Price
It's not a stretch to say that thyssenkrupp nucera AG & Co. KGaA's ( ETR:NCH2 ) price-to-sales (or "P/S") ratio of 1.4x...Narrative Update • Jan 06
NCH2: Long Term Hydrogen Order Backlog Will Drive Future Upside
Analysts have trimmed their price target for thyssenkrupp nucera KGaA slightly. The fair value estimate has moved from €10.75 to €10.52, reflecting updated assumptions for lower revenue growth, a higher discount rate, improved profit margins and a reduced future P/E multiple.Narrative Update • Dec 20
NCH2: Weaker Green Hydrogen Orders Will Pressure Profits And Share Price
Analysts have trimmed their price target on thyssenkrupp nucera KGaA by roughly 10 percent, citing slightly weaker revenue growth expectations and a higher discount rate, which are partly offset by improved profit margin and a lower future price to earnings multiple. What's in the News Company issued new guidance for fiscal 2025/26, forecasting a sharp drop in group sales to between €500 million and €600 million from €845 million in 2024/25, with EBIT expected between €-30 million and €0 million.Narrative Update • Dec 05
NCH2: Upcoming Electrolyzer Efficiency And Service Expansion Will Drive Future Upside
Analysts have trimmed their price target on thyssenkrupp nucera KGaA by approximately €0.86 to around €10.75. This reflects more cautious assumptions on revenue growth, profit margins, and the appropriate discount rate, despite higher long term valuation multiples.Analysis Article • Nov 28
Analysts Just Slashed Their thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2) EPS Numbers
Market forces rained on the parade of thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ) shareholders today, when the...Analysis Article • Nov 27
Are Investors Undervaluing thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2) By 25%?
Key Insights The projected fair value for thyssenkrupp nucera KGaA is €9.92 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Nov 03
Is Now The Time To Look At Buying thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2)?
thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ), is not the largest company out there, but it saw significant share...Analysis Article • Oct 07
thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) 26% Share Price Surge Not Quite Adding Up
thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ) shares have had a really impressive month, gaining 26% after a shaky...Narrative Update • Sep 18
Global Decarbonization Policies Will Fuel Green Hydrogen Momentum
The reduction in thyssenkrupp nucera KGaA’s consensus revenue growth outlook has outweighed the minor improvement in net profit margin, resulting in a lowered analyst price target from €11.93 to €11.61. What's in the News Progressive Green Solutions selected thyssenkrupp nucera as preferred supplier of 1.4 GW electrolyzers for its Western Australia Mid-West Green Iron project, marking a significant green hydrogen technology deployment.Analysis Article • Aug 18
thyssenkrupp nucera KGaA (ETR:NCH2) Is Posting Healthy Earnings, But It Is Not All Good News
XTRA:NCH2 1 Year Share Price vs Fair Value Explore thyssenkrupp nucera KGaA's Fair Values from the Community and select...Analysis Article • Aug 16
thyssenkrupp nucera AG & Co. KGaA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
XTRA:NCH2 1 Year Share Price vs Fair Value Explore thyssenkrupp nucera KGaA's Fair Values from the Community and select...Analysis Article • Jul 30
Is It Too Late To Consider Buying thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2)?
While thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ) might not have the largest market cap around , it received a lot...Analysis Article • Jul 02
Weekly Picks: 💸 SUN's Insurance Dividends, NCH2's Hydrogen Exposure, and TSLA's Robotic Inflection Point
Why Suncorp’s insurance-only pivot gives it room to grow revenues, why Thyssenkrupp Nucera can leverage its unique position for green hydrogen adoption, and why Tesla is reaching an AI and robotics inflection pointAnalysis Article • Jun 26
Should You Be Adding thyssenkrupp nucera KGaA (ETR:NCH2) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...New Narrative • Apr 30
Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth
EBIT-margin trajectory:Historical: 2.3 % → 3.6 % (FY 22/23) , down to – 2 % (FY 23/24) , back to 3 % in Q1 24/25 Forecast: Gradual recovery to 4–6 % by FY 25/26, reaching 6–8 % by FY 29/30
New Narrative • Jan 27
Upcoming NEOM Project And SOEC Technology Will Strengthen Position In Green Hydrogen Market
Strategic partnerships and R&D investments in SOEC technology position thyssenkrupp nucera for growth and improved margins in the hydrogen industry.Analysis Article • Dec 20
thyssenkrupp nucera AG & Co. KGaA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Shareholders of thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ) will be pleased this week, given that the stock price is...Analysis Article • Dec 10
thyssenkrupp nucera AG & Co. KGaA's (ETR:NCH2) Popularity With Investors Is Clear
thyssenkrupp nucera AG & Co. KGaA's ( ETR:NCH2 ) price-to-sales (or "P/S") ratio of 1.4x may not look like an appealing...Analysis Article • Aug 16
Earnings Miss: thyssenkrupp nucera AG & Co. KGaA Missed EPS By 15% And Analysts Are Revising Their Forecasts
Shareholders of thyssenkrupp nucera AG & Co. KGaA ( ETR:NCH2 ) will be pleased this week, given that the stock price is...Analysis Article • May 08
Are Investors Undervaluing thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2) By 41%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, thyssenkrupp nucera KGaA fair value estimate is €21.39...Analysis Article • Jan 07
Is thyssenkrupp nucera AG & Co. KGaA (ETR:NCH2) Trading At A 39% Discount?
Key Insights thyssenkrupp nucera KGaA's estimated fair value is €25.96 based on 2 Stage Free Cash Flow to Equity...Shareholder Returns
| NCH2 | DE Construction | DE Market | |
|---|---|---|---|
| 7D | -2.6% | -0.9% | -0.3% |
| 1Y | -20.3% | 174.9% | 1.9% |
Return vs Industry: NCH2 underperformed the German Construction industry which returned 174.9% over the past year.
Return vs Market: NCH2 underperformed the German Market which returned 1.9% over the past year.
Price Volatility
| NCH2 volatility | |
|---|---|
| NCH2 Average Weekly Movement | 6.2% |
| Construction Industry Average Movement | 5.2% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in DE Market | 12.7% |
| 10% least volatile stocks in DE Market | 2.7% |
Stable Share Price: NCH2 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: NCH2's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 1,089 | Werner Ponikwar | thyssenkrupp-nucera.com |
thyssenkrupp nucera AG & Co. KGaA engages in the development, engineering, procurement, commissioning, and licensing of electrolysis technologies in Germany, Saudi Arabia, Sweden, the United States, and internationally. It operates through the Chlor-Alkali (CA) and Green Hydrogen (gH2) segments. The company is involved in the development, planning, and construction of new-build electrolysis plants for producing green hydrogen for industrial applications; provision of services for chlor-alkali electrolysis, such as planning and construction of new plants.
thyssenkrupp nucera AG & Co. KGaA Fundamentals Summary
| NCH2 fundamental statistics | |
|---|---|
| Market cap | €1.06b |
| Earnings (TTM) | -€7.40m |
| Revenue (TTM) | €730.20m |
1.4x
P/S Ratio-142.9x
P/E RatioIs NCH2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCH2 income statement (TTM) | |
|---|---|
| Revenue | €730.20m |
| Cost of Revenue | €622.00m |
| Gross Profit | €108.20m |
| Other Expenses | €115.60m |
| Earnings | -€7.40m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 12, 2026
| Earnings per share (EPS) | -0.059 |
| Gross Margin | 14.82% |
| Net Profit Margin | -1.01% |
| Debt/Equity Ratio | 0% |
How did NCH2 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/03 23:22 |
| End of Day Share Price | 2026/06/03 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
thyssenkrupp nucera AG & Co. KGaA is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Virginia Sanz de Madrid Gross | Banco Santander |
| James Carmichael | Berenberg |
| Alexander Jones | BofA Global Research |