Norsk Hydro (LSE:0Q11) - Stock Price, News & Analysis

0Q11 Stock Overview

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide.

About the company

0Q11 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 22.8% below our estimate of its fair value

Earnings are forecast to grow 32.42% per year

Risk Analysis

Large one-off items impacting financial results

Profit margins (1.9%) are lower than last year (11.6%)

Dividend of 3.5% is not well covered by earnings

Norsk Hydro ASA Competitors

En+ Group International

LSE:ENPL

US$4.7b

Antofagasta

LSE:ANTO

UK£22.4b

Fresnillo

LSE:FRES

UK£4.4b

Anglo American

LSE:AAL

UK£26.3b

Price History & Performance

Summary of all time highs, changes and price drops for Norsk Hydro
Historical stock prices
Current Share Price	kr71.58
52 Week High	kr83.56
52 Week Low	kr53.22
Beta	1.34
1 Month Change	22.63%
3 Month Change	19.73%
1 Year Change	-12.63%
3 Year Change	31.09%
5 Year Change	86.74%
Change since IPO	157.94%

Recent updates

Shareholder Returns

	0Q11	GB Metals and Mining	GB Market
7D	4.4%	1.9%	-1.4%
1Y	-12.6%	-3.8%	-2.4%

Return vs Industry: 0Q11 underperformed the UK Metals and Mining industry which returned -4.3% over the past year.

Return vs Market: 0Q11 underperformed the UK Market which returned -1% over the past year.

Price Volatility

Is 0Q11's price volatile compared to industry and market?
0Q11 volatility
0Q11 Average Weekly Movement	4.8%
Metals and Mining Industry Average Movement	7.9%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.5%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0Q11 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0Q11's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1905	32,436	Hilde Aasheim	www.hydro.com

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina.

Norsk Hydro ASA Fundamentals Summary

How do Norsk Hydro's earnings and revenue compare to its market cap?
0Q11 fundamental statistics
Market cap	kr143.03b
Earnings (TTM)	kr3.58b
Revenue (TTM)	kr193.62b

39.9x

P/E Ratio

0.7x

P/S Ratio

Is 0Q11 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0Q11 income statement (TTM)
Revenue	kr193.62b
Cost of Revenue	kr123.54b
Gross Profit	kr70.08b
Other Expenses	kr66.50b
Earnings	kr3.58b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 24, 2024

Earnings per share (EPS)	1.79
Gross Margin	36.20%
Net Profit Margin	1.85%
Debt/Equity Ratio	28.9%

How did 0Q11 perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

142%

Payout Ratio

Does 0Q11 pay a reliable dividends?

See 0Q11 dividend history and benchmarks

When do you need to buy 0Q11 by to receive an upcoming dividend?
Norsk Hydro dividend dates
Ex Dividend Date	May 08 2024
Dividend Pay Date	May 21 2024
Days until Ex dividend	19 days
Days until Dividend pay date	32 days

Does 0Q11 pay a reliable dividends?

See 0Q11 dividend history and benchmarks

0Q11 Stock Overview

Rewards

Risk Analysis

Norsk Hydro ASA Competitors

LSE:ENPL

US$4.7b

LSE:ANTO

UK£22.4b

LSE:FRES

UK£4.4b

LSE:AAL

UK£26.3b

Price History & Performance

Recent News & Updates

VE Invest UAB agreed to acquire Fabrication Plant in Kaunas, Lithuania from Norsk Hydro ASA (OB:NHY).

Norsk Hydro ASA Announces CEO Changes

Norsk Hydro ASA Announces Appointment of Trond Olaf Christophersen as CFO

Norsk Hydro ASA Announces CFO Changes

Norsk Hydro ASA Announces Resignation of Pål Kildemo as CFO

Dividend reduced to kr2.50

Recent updates

VE Invest UAB agreed to acquire Fabrication Plant in Kaunas, Lithuania from Norsk Hydro ASA (OB:NHY).

Norsk Hydro ASA Announces CEO Changes

Norsk Hydro ASA Announces Appointment of Trond Olaf Christophersen as CFO

Norsk Hydro ASA Announces CFO Changes

Norsk Hydro ASA Announces Resignation of Pål Kildemo as CFO

Dividend reduced to kr2.50

Full year 2023 earnings released: EPS: kr1.77 (vs kr11.76 in FY 2022)

Norsk Hydro ASA Proposes Dividend for the Financial Year 2023, Payable on 21 May 2024

Third quarter 2023 earnings released: kr0.18 loss per share (vs kr3.34 profit in 3Q 2022)

Macquarie Asset Management agreed to acquire a 49.9% stake in Hydro REIN from Norsk Hydro ASA (OB:NHY) for approximately $330 million.

Now 21% undervalued after recent price drop

Norsk Hydro ASA (OB:NHY) commences an Equity Buyback Plan for 100,000,000 shares, representing 4.91% of its issued share capital, for NOK 2,000 million, under the authorization approved on May 10, 2023.

Now 20% undervalued

Norsk Hydro ASA to Report Q3, 2024 Results on Oct 24, 2024

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: kr2.56 (vs kr5.50 in 2Q 2022)

Norsk Hydro ASA Approves Dividend for the Financial Year 2022, Payable on 23 May 2023

Upcoming dividend of kr5.65 per share at 7.4% yield

Norsk Hydro ASA Proposes Dividend for the Financial Year 2022, Payable on 23 May 2023

Full year 2022 earnings released: EPS: kr11.76 (vs kr5.92 in FY 2021)

Less than half of directors are independent

Norsk Hydro ASA (OB:NHY) signed an agreement to acquire Hueck Industrie Holding KG for an enterprise value of €60.3 million.

Norsk Hydro ASA (OB:NHY) announces an Equity Buyback for NOK 2,000 million worth of its shares, under the authorization approved on September 20, 2022.

Norsk Hydro ASA Announces Executive Changes

Norsk Hydro ASA Approves Additional Dividend, Payable on September 30, 2022

Norsk Hydro ASA (OB:NHY) and Altor Fund V AB completed the acquisition of Altor Equity Partners AB entered into an agreement to acquire 60% from Elkem ASA (OB:ELK).

Norsk Hydro ASA, Annual General Meeting, May 10, 2023

Norsk Hydro ASA Proposes Additional Cash Dividend on Basis of Financial Statements for the Financial Year 2021, Payable on 30 September 2022

Norsk Hydro ASA Announces Slovalco Will Stop Primary Aluminium Production

Second quarter 2022 earnings released: EPS: kr5.50 (vs kr1.06 in 2Q 2021)

Investor sentiment deteriorated over the past week

Norsk Hydro ASA Announces Resignation of Helena Nonka as Executive Vice President, Corporate Development

Less than half of directors are independent

Norsk Hydro ASA Approves Dividend, Payable on May 20, 2022

Norsk Hydro ASA Announces Special Dividend, Payable on May 11, 2022

Norsk Hydro ASA Provides Update on Power Failure at Albras Causes Shutdown of 25% of Capacity

Power Failure at Albras Causes Shutdown of 25% of Capacity of Norsk Hydro

Norsk Hydro ASA to Discontinue the Corporate Assembly

Third quarter 2021 earnings released: EPS kr0.50 (vs kr0.11 loss in 3Q 2020)

AURELIUS Equity Opportunities SE & Co. KGaA (XTRA:AR4) completed the acquisition of Hydro Precision Tubing Lichtervelde from Norsk Hydro ASA (OB:NHY).

Second quarter 2021 earnings released: EPS kr1.06 (vs kr0.62 loss in 2Q 2020)

KPS Capital Partners, LP completed the acquisition of HARP GmbH and HARP AS from Norsk Hydro ASA.

Executive VP of Communication & Public Affairs and Member of Corporate Management Board has left the company

Upcoming dividend of kr1.25 per share

Norsk Hydro ASA Announces Management Changes

Full year 2020 earnings released: EPS kr0.90 (vs kr0.89 loss in FY 2019)

Revenue beats expectations

Norsk Hydro ASA Proposes Dividend for the Fiscal Year 2020 to Be Paid in May 2021

KPS Capital Partners, LP entered into a definitive agreement to acquire HARP GmbH and HARP AS from Norsk Hydro ASA for €1.4 billion.

New 90-day high: kr45.74

Norsk Hydro Appoints Helena Nonka EVP Corporate Development

Full year 2020 earnings released: EPS kr1.83 (vs kr0.89 loss in FY 2019)

Revenue beats expectations

New 90-day high: kr45.54

New 90-day high: kr42.02

Panasonic, Equinor and Hydro to Explore Potential for European Battery Business

Norsk Hydro Resumes Bauxite Pipeline Operation in Brazil

Norsk Hydro Announces Management Changes

New 90-day low: kr25.34