Norsk Hydro ASA

OB:NHY Stock Report

Market Cap: NOK 123.9b

Norsk Hydro Future Growth

Future criteria checks 4/6

Norsk Hydro is forecast to grow earnings and revenue by 47.6% and 3.5% per annum respectively. EPS is expected to grow by 47.2% per annum. Return on equity is forecast to be 14.9% in 3 years.

Key information

47.6%

Earnings growth rate

47.2%

EPS growth rate

Metals and Mining earnings growth28.9%
Revenue growth rate3.5%
Future return on equity14.9%
Analyst coverage

Good

Last updated11 Dec 2024

Recent future growth updates

Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Apr 28
Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Recent updates

Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects

Nov 20
Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects

There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings

Nov 02
There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings

Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

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

Oct 19
These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued

Sep 02
An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued

There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price

Aug 12
There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price

Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value

Jul 20
Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value

Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt

Jul 05
Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 29
Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Apr 28
Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

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)

Earnings and Revenue Growth Forecasts

OB:NHY - Analysts future estimates and past financials data (NOK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026213,08215,67812,16527,2839
12/31/2025212,95915,0689,56724,97110
12/31/2024201,6847,8732,48015,19810
9/30/2024195,3331,341-1,44312,071N/A
6/30/2024189,945191-1,34312,504N/A
3/31/2024192,6303,2594,35318,436N/A
12/31/2023193,6193,5838,58222,220N/A
9/30/2023190,9406,37014,31227,311N/A
6/30/2023198,68413,57915,89928,240N/A
3/31/2023209,84719,64422,30033,228N/A
12/31/2022207,92924,11819,73329,337N/A
9/30/2022210,28630,98921,09929,347N/A
6/30/2022194,55225,16516,24123,247N/A
3/31/2022164,31716,0668,37514,687N/A
12/31/2021149,65312,1488,31014,330N/A
9/30/2021133,04412,0005,56311,015N/A
6/30/2021123,84910,86310,04515,458N/A
3/31/2021114,6347,4215,80010,993N/A
12/31/2020114,2914,0717,23312,760N/A
9/30/2020120,024-3,3796,68213,336N/A
6/30/2020130,025-4,5285,10312,467N/A
3/31/2020143,859-3,3494,54812,994N/A
12/31/2019149,833-1,8113,82412,550N/A
9/30/2019152,722-2,028-5367,814N/A
6/30/2019154,970-19-1,2786,897N/A
3/31/2019157,0482,174-1,6665,815N/A
12/31/2018159,4354,256-1947,025N/A
9/30/2018159,8838,4484,72912,480N/A
6/30/2018142,9179,735N/A12,856N/A
3/31/2018126,2539,112N/A15,668N/A
12/31/2017109,3098,783N/A14,347N/A
9/30/201791,8286,344N/A12,195N/A
6/30/201789,2035,391N/A11,555N/A
3/31/201785,0035,854N/A10,928N/A
12/31/201682,1156,388N/A10,018N/A
9/30/201681,3155,806N/A10,173N/A
6/30/201682,7353,398N/A12,290N/A
3/31/201684,7813,368N/A13,036N/A
12/31/201587,9322,020N/A14,373N/A
9/30/201589,1741,172N/A14,357N/A
6/30/201587,2783,085N/A11,081N/A
3/31/201583,1111,352N/A7,811N/A
12/31/201478,104797N/A5,826N/A
9/30/201473,016374N/A4,515N/A
6/30/201469,463-125N/A4,549N/A
3/31/201467,246-994N/A4,537N/A
12/31/201365,073-1,109N/A5,057N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NHY's forecast earnings growth (47.6% per year) is above the savings rate (2.4%).

Earnings vs Market: NHY's earnings (47.6% per year) are forecast to grow faster than the Norwegian market (9.6% per year).

High Growth Earnings: NHY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NHY's revenue (3.5% per year) is forecast to grow faster than the Norwegian market (2.2% per year).

High Growth Revenue: NHY's revenue (3.5% 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 (14.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norsk Hydro ASA is covered by 42 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bengt JonassenABG Sundal Collier
Varun SikkaAlphaValue
Thomas LorckArctic Securities ASA