Norsk Hydro ASA operates as an integrated aluminum company worldwide.
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has Norsk Hydro's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NHY's share price has been volatile over the past 3 months.
7 Day Return
NO Metals and Mining
1 Year Return
NO Metals and Mining
Return vs Industry: NHY underperformed the Norwegian Metals and Mining industry which returned -3.3% over the past year.
Return vs Market: NHY underperformed the Norwegian Market which returned -9.1% over the past year.
Price Volatility Vs. Market
How volatile is Norsk Hydro's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Many Norsk Hydro ASA (OB:NHY) Shares Did Insiders Buy, In The Last Year?
3 months ago | Simply Wall StIs There An Opportunity With Norsk Hydro ASA's (OB:NHY) 49% Undervaluation?
4 months ago | Simply Wall StAre Dividend Investors Getting More Than They Bargained For With Norsk Hydro ASA's (OB:NHY) Dividend?
Is Norsk Hydro undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NHY (NOK27.94) is trading below our estimate of fair value (NOK47.27)
Significantly Below Fair Value: NHY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NHY is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NHY is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NHY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NHY is good value based on its PB Ratio (0.7x) compared to the XE Metals and Mining industry average (1.1x).
How is Norsk Hydro forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NHY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: NHY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NHY's is expected to become profitable in the next 3 years.
Revenue vs Market: NHY's revenue (5.3% per year) is forecast to grow faster than the Norwegian market (4.9% per year).
High Growth Revenue: NHY's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NHY's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Norsk Hydro performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NHY is currently unprofitable.
Growing Profit Margin: NHY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NHY is unprofitable, and losses have increased over the past 5 years at a rate of -12.3% per year.
Accelerating Growth: Unable to compare NHY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NHY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.3%).
Return on Equity
High ROE: NHY has a negative Return on Equity (-4.9%), as it is currently unprofitable.
How is Norsk Hydro's financial position?
Financial Position Analysis
Short Term Liabilities: NHY's short term assets (NOK61.9B) exceed its short term liabilities (NOK34.1B).
Long Term Liabilities: NHY's short term assets (NOK61.9B) exceed its long term liabilities (NOK58.0B).
Debt to Equity History and Analysis
Debt Level: NHY's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: NHY's debt to equity ratio has increased from 12.8% to 28.9% over the past 5 years.
Debt Coverage: NHY's debt is well covered by operating cash flow (52%).
Interest Coverage: NHY is unprofitable, therefore interest payments are not well covered by earnings.
What is Norsk Hydro's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NHY's dividend (4.47%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.86%).
High Dividend: NHY's dividend (4.47%) is low compared to the top 25% of dividend payers in the Norwegian market (6.88%).
Stability and Growth of Payments
Stable Dividend: NHY's dividend payments have been volatile in the past 10 years.
Growing Dividend: NHY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: NHY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NHY's dividends in 3 years are forecast to be well covered by earnings (49.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hilde Aasheim (61yo)
Mrs. Hilde Merete Aasheim serves as President and Chief executive officer of Norsk Hydro ASA since May 8, 2019. Mrs. Aasheim served as an Executive Vice President of Primary Metals and Member of Corporate ...
CEO Compensation Analysis
Compensation vs Market: Hilde's total compensation ($USD113.25K) is below average for companies of similar size in the Norwegian market ($USD962.21K).
Compensation vs Earnings: Hilde's compensation has been consistent with company performance over the past year.
|President & CEO||1.08yrs||kr1.05m||0.0059% NOK3.3m|
|Executive VP of Finance||0.83yr||kr4.59m||0.00064% NOK366.4k|
|Interim Executive VP||11.83yrs||kr7.99m||0.0084% NOK4.8m|
|Executive VP of Communication & Public Affairs and Member of Corporate Management Board||5.42yrs||kr4.61m||0.0019% NOK1.1m|
|Head of Primary Metal & Member of Corporate Management Board||7.33yrs||kr6.91m||0.0036% NOK2.0m|
|Executive VP of CSR||5.42yrs||kr4.89m||0.0016% NOK944.7k|
|Executive VP of Extruded Solutions & Member of Corporate Management Board||2.67yrs||kr9.46m||0.0031% NOK1.8m|
|Executive VP of Bauxite & Alumina and Member of Corporate Management Board||2yrs||kr11.59m||0.0028% NOK1.6m|
|Executive VP of People & HSE and Member of Corporate Management Board||1.42yrs||kr4.61m||0.0012% NOK687.0k|
|Executive VP of Rolled Products & Member of the Corporate Management Board||1.08yrs||kr6.93m||0.00086% NOK492.4k|
Experienced Management: NHY's management team is considered experienced (2.3 years average tenure).
|Independent Chairperson||6.08yrs||kr807.00k||0.0022% NOK1.3m|
|Independent Director||2.08yrs||kr498.00k||no data|
|Chairperson of Corporate Assembly||5.75yrs||no data||no data|
|Employee Representative Director||15.42yrs||kr453.00k||0.00034% NOK194.7k|
|Deputy Chairperson of Corporate Assembly||no data||no data||no data|
|Employee Representative Director||3.08yrs||kr498.00k||0.00031% NOK177.5k|
|Board Observer||2.67yrs||no data||0.000060% NOK34.4k|
|Independent Director||4.08yrs||kr613.00k||no data|
|Independent Director||4.08yrs||kr477.00k||no data|
|Independent Deputy Chairperson||4.08yrs||kr504.00k||0.00024% NOK137.4k|
Experienced Board: NHY's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NHY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Norsk Hydro ASA's company bio, employee growth, exchange listings and data sources
- Name: Norsk Hydro ASA
- Ticker: NHY
- Exchange: OB
- Founded: 1905
- Industry: Aluminum
- Sector: Materials
- Market Cap: kr57.253b
- Shares outstanding: 2.05b
- Website: https://www.hydro.com
Number of Employees
- Norsk Hydro ASA
- Drammensveien 260
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NHYD.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Jan 1986|
|NOHA||DB (Deutsche Boerse AG)||SPONSORED ADR||DE||EUR||Jan 1986|
|NHYK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|NHY||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jan 1992|
|0Q11||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jan 1992|
|NOH1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|NHY||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|NHYO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jan 1992|
|NHYL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
Norsk Hydro ASA operates as an integrated aluminum company worldwide. It operates through six segments: Bauxite & Alumina, Primary Metal, Metal Markets, Rolled Products, Extruded Solutions, and Energy. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Primary Metal segment is involved in the primary aluminum production, remelting, and casting activities. This segment principally offers extrusion, sheet, and standard ingots, as well as foundry alloys. The Metal Markets segment sells products from the company’s primary metal plants; operates remelters; and trades in physical and financial metals. The Rolled Products segment operates rolling mills and a primary metal plant. This segment principally offers aluminum foils, strips, sheets, and lithographic plates for application in the packaging, automotive, building and general engineering, and transport industries, as well as for offset printing plates. The Extruded Solutions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors. The Energy segment owns and operates 26 hydroelectric power plants with an installed capacity of approximately 2,000 MW in Norway. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/07 01:03|
|End of Day Share Price||2020/06/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.