Nel Past Earnings Performance

Past criteria checks 0/6

Nel's earnings have been declining at an average annual rate of -40.8%, while the Electrical industry saw earnings growing at 24.8% annually. Revenues have been growing at an average rate of 28.6% per year.

Key information

-40.8%

Earnings growth rate

-36.4%

EPS growth rate

Electrical Industry Growth	-27.2%
Revenue growth rate	28.6%
Return on equity	-11.0%
Net Margin	-39.6%
Next Earnings Update	17 Jul 2024

Recent past performance updates

Recent updates

Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects As Shares Rocket 31%

Apr 10

Calculating The Fair Value Of Nel ASA (OB:NEL)

Mar 27

Earnings Update: Nel ASA (OB:NEL) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Mar 01

Revenue & Expenses Breakdown
Beta

How Nel makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:NEL Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	1,731	-685	781
31 Dec 23	1,681	-855	749
30 Sep 23	1,554	-1,482	724
30 Jun 23	1,370	-1,515	691
31 Mar 23	1,076	-1,447	649
31 Dec 22	915	-1,171	613
30 Sep 22	781	-720	574
30 Jun 22	827	-967	537
31 Mar 22	805	-1,005	491
31 Dec 21	753	-1,667	434
30 Sep 21	723	-102	400
30 Jun 21	621	-222	353
31 Mar 21	607	687	321
31 Dec 20	578	1,262	303
30 Sep 20	516	-127	279
30 Jun 20	543	468	262
31 Mar 20	522	-222	241
31 Dec 19	519	-270	218
30 Sep 19	477	-231	216
30 Jun 19	445	-264	197
31 Mar 19	457	-210	181
31 Dec 18	453	-189	170
30 Sep 18	449	-112	168
30 Jun 18	442	-79	170
31 Mar 18	352	-67	148
31 Dec 17	275	-52	123
30 Sep 17	220	-94	106
30 Jun 17	135	-73	72
31 Mar 17	109	-62	64
31 Dec 16	98	-56	59
30 Sep 16	85	-50	48
30 Jun 16	89	-39	45
31 Mar 16	110	-31	38
31 Dec 15	89	-22	28
30 Sep 15	72	-3	22
30 Jun 15	46	-3	14
31 Mar 15	12	-3	10
31 Dec 14	12	-7	6
30 Sep 14	0	-20	4
30 Jun 14	0	-28	9
31 Mar 14	0	-31	14
31 Dec 13	0	-37	18
30 Sep 13	0	-41	18
30 Jun 13	0	-40	19

Quality Earnings: NEL is currently unprofitable.

Growing Profit Margin: NEL is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NEL is unprofitable, and losses have increased over the past 5 years at a rate of 40.8% per year.

Accelerating Growth: Unable to compare NEL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NEL is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (20.5%).

Return on Equity

High ROE: NEL has a negative Return on Equity (-11.01%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Nel Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

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

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

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

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

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

Recent updates

Consensus EPS estimates upgraded to kr0.26 loss, revenue downgraded

Price target decreased by 8.0% to kr6.49

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

Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects As Shares Rocket 31%

Calculating The Fair Value Of Nel ASA (OB:NEL)

Now 20% undervalued after recent price drop

Earnings Update: Nel ASA (OB:NEL) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

No longer forecast to breakeven

Price target decreased by 7.2% to kr7.99

Price target decreased by 7.3% to kr8.44

Now 24% overvalued

Why We're Not Concerned Yet About Nel ASA's (OB:NEL) 27% Share Price Plunge

Price target decreased by 9.3% to kr9.13

At kr5.94, Is It Time To Put Nel ASA (OB:NEL) On Your Watch List?

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.

Nel (OB:NEL) Is Using Debt Safely

Price target decreased by 9.0% to kr10.27

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

Price target decreased by 7.9% to kr13.78

Nel (OB:NEL) Is Using Debt Safely

New minor risk - Share price stability

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates increase by 19%, EPS downgraded

Investors Appear Satisfied With Nel ASA's (OB:NEL) Prospects

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

Is Nel (OB:NEL) Using Too Much Debt?

High number of new directors

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

Consensus EPS estimates upgraded to kr0.48 loss, revenue downgraded

Consensus EPS estimates fall by 16%, revenue upgraded

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 8.2% to kr15.39

Does Nel (OB:NEL) Have A Healthy Balance Sheet?

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

Consensus EPS estimates fall by 15%

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

Is Nel (OB:NEL) Using Too Much Debt?

Consensus EPS estimates fall by 11%

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

Price target decreased to kr15.86

Consensus forecasts updated

Health Check: How Prudently Does Nel (OB:NEL) Use Debt?

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Consensus forecasts updated

Consensus EPS estimates fall by 22%

Chief Executive Officer recently sold kr13m worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to kr17.16

Is Nel (OB:NEL) Using Debt In A Risky Way?

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

Is Nel (OB:NEL) Using Debt Sensibly?

Time To Worry? Analysts Are Downgrading Their Nel ASA (OB:NEL) Outlook

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

Consensus revenue estimates fall to kr786.0m

Price target decreased to kr22.64

Investor sentiment deteriorated over the past week

Price target decreased to kr26.07

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

Investor sentiment deteriorated over the past week

Consensus forecasts updated

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.

Revenue & Expenses Breakdown
Beta