How does D7G's PS Ratio compare to its peers?

D7G is good value based on its Price-To-Sales Ratio (2.9x) compared to the peer average (3.3x).

How does D7G's PS Ratio compare vs other companies in the DE Electrical Industry?

D7G is expensive based on its Price-To-Sales Ratio (2.9x) compared to the European Electrical industry average (1x).

What is D7G's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

D7G is expensive based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (1.7x).

What is the Fair Price of D7G when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate D7G's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Nel (DB:D7G) - Stock Price, News & Analysis

D7G Stock Overview

A hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. More details

D7G fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	0/6
Financial Health	6/6
Dividends	2/6

Rewards

Revenue is forecast to grow 19.68% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Volatile share price over the past 3 months compared to the German market

Nel ASA Competitors

Energiekontor

XTRA:EKT

€563.0m

2G Energy

XTRA:2GB

€386.6m

PNE

XTRA:PNE3

€841.1m

Enapter

DB:H2O

€116.0m

Price History & Performance

Summary of all time highs, changes and price drops for Nel
Historical stock prices
Current Share Price	NOK 0.25
52 Week High	NOK 0.81
52 Week Low	NOK 0.24
Beta	1.42
11 Month Change	-33.62%
3 Month Change	-43.99%
1 Year Change	-62.40%
33 Year Change	-85.42%
5 Year Change	-66.92%
Change since IPO	-16.15%

Recent updates

Shareholder Returns

	D7G	DE Electrical	DE Market
7D	-15.6%	1.8%	-0.02%
1Y	-62.4%	137.0%	8.2%

Return vs Industry: D7G underperformed the German Electrical industry which returned 136.9% over the past year.

Return vs Market: D7G underperformed the German Market which returned 8.2% over the past year.

Price Volatility

Is D7G's price volatile compared to industry and market?
D7G volatility
D7G Average Weekly Movement	8.9%
Electrical Industry Average Movement	5.3%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: D7G's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: D7G's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1927	430	Hakon Volldal	nelhydrogen.com

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles.

Nel ASA Fundamentals Summary

How do Nel's earnings and revenue compare to its market cap?
D7G fundamental statistics
Market cap	€428.92m
Earnings (TTM)	-€46.22m
Revenue (TTM)	€148.90m

2.9x

P/S Ratio

-9.3x

P/E Ratio

Is D7G overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
D7G income statement (TTM)
Revenue	NOK 1.72b
Cost of Revenue	NOK 711.74m
Gross Profit	NOK 1.01b
Other Expenses	NOK 1.54b
Earnings	-NOK 533.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	-0.32
Gross Margin	58.56%
Net Profit Margin	-31.04%
Debt/Equity Ratio	0%

How did D7G perform over the long term?

See historical performance and comparison

Dividends

204.0%

Current Dividend Yield

n/a

Payout Ratio

D7G Stock Overview

Rewards

Risk Analysis

Nel ASA Competitors

XTRA:EKT

€563.0m

XTRA:2GB

€386.6m

XTRA:PNE3

€841.1m

DB:H2O

€116.0m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: kr0.069 loss per share (vs kr0.14 loss in 3Q 2023)

Nel ASA(OB:NEL) dropped from Oslo OBX Total Return Index

New minor risk - Profitability

Second quarter 2024 earnings released: kr0.07 loss per share (vs kr0.20 loss in 2Q 2023)

Nel ASA to Report Q3, 2025 Results on Oct 29, 2025

Nel ASA completed the Spin-Off of Cavendish Hydrogen ASA (OB:CAVEN).

Recent updates

Third quarter 2024 earnings released: kr0.069 loss per share (vs kr0.14 loss in 3Q 2023)

Nel ASA(OB:NEL) dropped from Oslo OBX Total Return Index

New minor risk - Profitability

Second quarter 2024 earnings released: kr0.07 loss per share (vs kr0.20 loss in 2Q 2023)

Nel ASA to Report Q3, 2025 Results on Oct 29, 2025

Nel ASA completed the Spin-Off of Cavendish Hydrogen ASA (OB:CAVEN).

New major risk - Share price stability

First quarter 2024 earnings released: kr0.013 loss per share (vs kr0.12 loss in 1Q 2023)

Full year 2023 earnings released: kr0.52 loss per share (vs kr0.76 loss in FY 2022)

No longer forecast to breakeven

Now 24% undervalued after recent price drop

ITOCHU Corporation (TSE:8001) and Osaka Gas Co., Ltd. (TSE:9532) agreed to acquire 13.56% stake in Everfuel A/S (OB:EFUEL) from Nel ASA (OB:NEL) for NOK 120 million.

Third quarter 2023 earnings released: kr0.14 loss per share (vs kr0.17 loss in 3Q 2022)

New major risk - Share price stability

Second quarter 2023 earnings released: kr0.20 loss per share (vs kr0.18 loss in 2Q 2022)

Nel ASA to Report Q3, 2024 Results on Oct 16, 2024

High number of new directors

First quarter 2023 earnings released: kr0.12 loss per share (vs kr0.057 profit in 1Q 2022)

First quarter 2023 earnings released: kr0.12 loss per share (vs kr0.057 profit in 1Q 2022)

Full year 2022 earnings released: kr0.76 loss per share (vs kr1.14 loss in FY 2021)

An unknown buyer acquired a 17.64% stake in Hyon AS (OB:HYON) from Nel ASA (OB:NEL) for NOK 7 million.

Nel ASA to Report Fiscal Year 2022 Results on Feb 28, 2023

Third quarter 2022 earnings released: kr0.17 loss per share (vs kr0.35 loss in 3Q 2021)

Second quarter 2022 earnings released: kr0.18 loss per share (vs kr0.21 loss in 2Q 2021)

First quarter 2022 earnings released: EPS: kr0.057 (vs kr0.45 loss in 1Q 2021)

Nel ASA to Report Q2, 2022 Results on Aug 11, 2022

Chief Executive Officer recently sold €1.3m worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: kr0.35 loss per share (vs kr0.47 loss in 3Q 2020)

Second quarter 2021 earnings released: kr0.21 loss per share (vs kr0.45 profit in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: kr0.45 loss per share (vs kr0.003 loss in 1Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released

Investor sentiment deteriorated over the past week

New 90-day low: €2.15

Nel ASA has completed a Follow-on Equity Offering in the amount of NOK 1.225125 billion.

Full year 2020 earnings released: EPS kr0.92 (vs kr0.22 loss in FY 2019)

Revenue beats expectations

New 90-day high: €2.94

Everfuel Signs Contract with Nel for Delivery of 20 MW Electrolyser

New 90-day high: €2.36

New 90-day high: €2.27

Chief Executive Officer recently sold €1.3m worth of stock

Nel ASA Announces Nel Hydrogen Fueling Receives A Purchase Order for Multiple H2station Units for Fueling of Light-Duty Vehicles in California

Nel ASA to Report Q3, 2021 Results on Oct 21, 2021

Revenue misses expectations

Third quarter 2020 earnings released: kr472 loss per share

Market bids up stock over the past week

Nel ASA Receives First H2Station Order in Poland

Market bids up stock over the past week

Insider recently bought €138k worth of stock

New 90-day low: €1.48

Nel Wins Contract to Supply 2.5-Mw Electrolyser in Europe

Nel ASA has completed a Follow-on Equity Offering in the amount of NOK 125.7984 million.

Earnings released

Shareholder Returns