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Norsk Hydro OB:NHY Stock Report

Last Price

kr69.94

Market Cap

kr140.2b

7D

-1.1%

1Y

-10.6%

Updated

26 Apr, 2024

Data

Company Financials +

NHY 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.

NHY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends2/6

Norsk Hydro ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Norsk Hydro
Historical stock prices
Current Share Pricekr69.94
52 Week Highkr78.64
52 Week Lowkr53.24
Beta1.34
1 Month Change17.74%
3 Month Change11.44%
1 Year Change-10.59%
3 Year Change31.57%
5 Year Change93.42%
Change since IPO148.02%

Recent News & Updates

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

Apr 13
Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Apr 05
What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Mar 21
Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Recent updates

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

Apr 13
Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Apr 05
What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Mar 21
Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Mar 07
Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year

Feb 22
Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year

Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear

Feb 20
Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear

We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending

Feb 08
We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending

Many Still Looking Away From Norsk Hydro ASA (OB:NHY)

Jan 08
Many Still Looking Away From Norsk Hydro ASA (OB:NHY)

These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

Dec 18
These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price

Nov 14
Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price

Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention

Sep 28
Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention

Is Norsk Hydro (OB:NHY) Using Too Much Debt?

Sep 10
Is Norsk Hydro (OB:NHY) Using Too Much Debt?

Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)

Aug 08
Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)

Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation

Jun 21
Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation

Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet

Jun 06
Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

May 04
Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?

Apr 20
Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Apr 05
Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive

Mar 02
Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive

Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65

Feb 17
Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65

Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly

Feb 15
Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly

Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

Jan 21
Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)

Dec 28
A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)

Norsk Hydro ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 26
Norsk Hydro ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

Jul 20
Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 34% Undervalued

Jun 05
An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 34% Undervalued

Shareholder Returns

NHYNO Metals and MiningNO Market
7D-1.1%-4.6%0.9%
1Y-10.6%-14.4%4.6%

Return vs Industry: NHY exceeded the Norwegian Metals and Mining industry which returned -14.4% over the past year.

Return vs Market: NHY underperformed the Norwegian Market which returned 4.6% over the past year.

Price Volatility

Is NHY's price volatile compared to industry and market?
NHY volatility
NHY Average Weekly Movement4.6%
Metals and Mining Industry Average Movement6.2%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
190532,436Hilde Aasheimwww.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?
NHY fundamental statistics
Market capkr140.23b
Earnings (TTM)kr3.26b
Revenue (TTM)kr192.63b

43.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHY income statement (TTM)
Revenuekr192.63b
Cost of Revenuekr122.27b
Gross Profitkr70.36b
Other Expenseskr67.10b
Earningskr3.26b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 23, 2024

Earnings per share (EPS)1.63
Gross Margin36.53%
Net Profit Margin1.69%
Debt/Equity Ratio35.0%

How did NHY perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

171%

Payout Ratio

Does NHY pay a reliable dividends?

See NHY dividend history and benchmarks
When do you need to buy NHY by to receive an upcoming dividend?
Norsk Hydro dividend dates
Ex Dividend DateMay 08 2024
Dividend Pay DateMay 21 2024
Days until Ex dividend11 days
Days until Dividend pay date24 days

Does NHY pay a reliable dividends?

See NHY dividend history and benchmarks
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