Is NEL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of NEL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate NEL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate NEL's fair value for valuation analysis.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NEL?
Key metric: As NEL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
The above table shows the Price to Sales ratio for NEL. This is calculated by dividing NEL's market cap by their current
revenue.
What is NEL's PS Ratio?
PS Ratio
3.1x
Sales
NOK 1.72b
Market Cap
NOK 5.25b
NEL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Price-To-Sales vs Industry: NEL is expensive based on its Price-To-Sales Ratio (3.1x) compared to the European Electrical industry average (1x).
Price to Sales Ratio vs Fair Ratio
What is NEL'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.
NEL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio
3.1x
Fair PS Ratio
3x
Price-To-Sales vs Fair Ratio: NEL is expensive based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
The above table shows the analyst NEL forecast and predictions for the stock price in 12 month’s time.
Date
Share Price
Average 1Y Price Target
Dispersion
High
Low
1Y Actual price
Analysts
Current
NOK 3.14
NOK 4.45
+41.6%
36.0%
NOK 8.10
NOK 2.00
n/a
17
Dec ’25
NOK 3.03
NOK 4.81
+58.6%
49.2%
NOK 12.00
NOK 2.00
n/a
18
Nov ’25
NOK 4.28
NOK 5.03
+17.6%
45.8%
NOK 12.00
NOK 2.50
n/a
18
Oct ’25
NOK 4.69
NOK 6.01
+28.1%
36.1%
NOK 12.00
NOK 3.00
n/a
19
Sep ’25
NOK 5.36
NOK 6.22
+16.0%
36.5%
NOK 12.00
NOK 3.00
n/a
20
Aug ’25
NOK 6.12
NOK 6.26
+2.1%
36.4%
NOK 12.00
NOK 3.25
n/a
20
Jul ’25
NOK 6.09
NOK 6.18
+1.5%
38.6%
NOK 13.00
NOK 3.39
n/a
21
Jun ’25
NOK 8.00
NOK 6.45
-19.4%
42.8%
NOK 13.00
NOK 3.50
n/a
21
May ’25
NOK 5.25
NOK 6.48
+23.4%
45.7%
NOK 13.00
NOK 3.50
n/a
22
Apr ’25
NOK 4.83
NOK 7.06
+46.3%
41.4%
NOK 13.00
NOK 3.50
n/a
22
Mar ’25
NOK 4.90
NOK 7.39
+50.8%
38.3%
NOK 13.00
NOK 3.50
n/a
23
Feb ’25
NOK 5.26
NOK 8.61
+63.7%
35.0%
NOK 15.00
NOK 4.00
n/a
20
Jan ’25
NOK 6.89
NOK 10.07
+46.1%
48.1%
NOK 23.00
NOK 4.50
n/a
20
Dec ’24
NOK 7.96
NOK 11.27
+41.5%
49.2%
NOK 23.00
NOK 4.50
NOK 3.03
19
Nov ’24
NOK 7.40
NOK 11.36
+53.6%
48.6%
NOK 23.00
NOK 4.50
NOK 4.28
19
Oct ’24
NOK 8.39
NOK 15.02
+78.9%
37.8%
NOK 25.00
NOK 7.00
NOK 4.69
19
Sep ’24
NOK 11.39
NOK 15.45
+35.6%
34.8%
NOK 25.00
NOK 7.00
NOK 5.36
21
Aug ’24
NOK 13.54
NOK 15.57
+15.0%
33.7%
NOK 25.00
NOK 7.00
NOK 6.12
21
Jul ’24
NOK 12.59
NOK 15.71
+24.8%
33.7%
NOK 25.00
NOK 7.00
NOK 6.09
21
Jun ’24
NOK 14.01
NOK 16.14
+15.2%
31.1%
NOK 25.00
NOK 7.00
NOK 8.00
21
May ’24
NOK 14.61
NOK 16.11
+10.3%
31.5%
NOK 25.00
NOK 7.00
NOK 5.25
21
Apr ’24
NOK 14.20
NOK 16.05
+13.1%
31.3%
NOK 25.00
NOK 7.00
NOK 4.83
21
Mar ’24
NOK 15.43
NOK 15.86
+2.8%
32.2%
NOK 25.00
NOK 7.00
NOK 4.90
21
Feb ’24
NOK 17.37
NOK 14.22
-18.1%
33.2%
NOK 25.00
NOK 7.00
NOK 5.26
21
Jan ’24
NOK 13.86
NOK 14.22
+2.7%
33.2%
NOK 25.00
NOK 7.00
NOK 6.89
21
Dec ’23
NOK 15.00
NOK 14.18
-5.5%
33.0%
NOK 25.00
NOK 7.00
NOK 7.96
21
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.