Nel (LSE:0E4Q) - Stock Price, News & Analysis

0E4Q Stock Overview

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

0E4Q fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

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 UK market

Nel ASA Competitors

ITM Power

AIM:ITM

UK£217.7m

Invinity Energy Systems

AIM:IES

UK£52.9m

SIMEC Atlantis Energy

AIM:SAE

UK£12.3m

FW Thorpe

AIM:TFW

UK£360.2m

Price History & Performance

Summary of all time highs, changes and price drops for Nel
Historical stock prices
Current Share Price	NOK 2.90
52 Week High	NOK 8.74
52 Week Low	NOK 2.73
Beta	1.42
11 Month Change	-36.82%
3 Month Change	-46.64%
1 Year Change	-62.77%
33 Year Change	-83.87%
5 Year Change	-63.13%
Change since IPO	210.10%

Recent updates

Shareholder Returns

	0E4Q	GB Electrical	GB Market
7D	-19.9%	-4.6%	2.2%
1Y	-62.8%	-12.1%	8.0%

Return vs Industry: 0E4Q underperformed the UK Electrical industry which returned -12.1% over the past year.

Return vs Market: 0E4Q underperformed the UK Market which returned 8% over the past year.

Price Volatility

Is 0E4Q's price volatile compared to industry and market?
0E4Q volatility
0E4Q Average Weekly Movement	7.7%
Electrical Industry Average Movement	7.4%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0E4Q's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0E4Q's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK 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?
0E4Q fundamental statistics
Market cap	NOK 4.95b
Earnings (TTM)	-NOK 533.08m
Revenue (TTM)	NOK 1.72b

2.9x

P/S Ratio

-9.3x

P/E Ratio

Is 0E4Q overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0E4Q 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 0E4Q perform over the long term?

See historical performance and comparison

0E4Q Stock Overview

Rewards

Risk Analysis

Nel ASA Competitors

AIM:ITM

UK£217.7m

AIM:IES

UK£52.9m

AIM:SAE

UK£12.3m

AIM:TFW

UK£360.2m

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 kr0.14 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 kr0.14 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).

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

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

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

No longer forecast to breakeven

Now 20% overvalued

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.

New minor risk - Share price stability

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

New major risk - Revenue and earnings growth

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)

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 kr13m 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

New 90-day low: kr22.89

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

Everfuel Signs Contract with Nel for Delivery of 20 MW Electrolyser

New 90-day high: kr28.77

New 90-day high: kr25.19

New 90-day high: kr22.95

Chief Executive Officer recently sold kr14m 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 Fiscal Year 2020 Final Results on Mar 25, 2021

Revenue misses expectations

Third quarter 2020 earnings released: kr472 loss per share

Nel ASA Receives First H2Station Order in Poland

Market bids up stock over the past week

Insider recently bought kr1.5m worth of stock

New 90-day low: kr15.56

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

Price Volatility