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Norsk Hydro OB:NHY Stock Report

Last Price

NOK 63.76

Market Cap

NOK 126.6b

7D

-3.4%

1Y

-5.3%

Updated

18 Dec, 2024

Data

Company Financials +

NHY Stock Overview

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. More details

NHY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends2/6

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Norsk Hydro ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norsk Hydro
Historical stock prices
Current Share PriceNOK 63.76
52 Week HighNOK 75.10
52 Week LowNOK 53.24
Beta1.25
1 Month Change-9.25%
3 Month Change1.69%
1 Year Change-5.29%
3 Year Change-7.91%
5 Year Change94.93%
Change since IPO126.10%

Recent News & 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

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)

Shareholder Returns

NHYNO Metals and MiningNO Market
7D-3.4%-3.4%-2.4%
1Y-5.3%-4.8%-0.3%

Return vs Industry: NHY matched the Norwegian Metals and Mining industry which returned -4.5% over the past year.

Return vs Market: NHY underperformed the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is NHY's price volatile compared to industry and market?
NHY volatility
NHY Average Weekly Movement4.8%
Metals and Mining Industry Average Movement6.2%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
190532,436Eivind Kallevikwww.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 capNOK 126.63b
Earnings (TTM)NOK 1.34b
Revenue (TTM)NOK 195.33b

94.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHY income statement (TTM)
RevenueNOK 195.33b
Cost of RevenueNOK 125.17b
Gross ProfitNOK 70.17b
Other ExpensesNOK 68.83b
EarningsNOK 1.34b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)0.68
Gross Margin35.92%
Net Profit Margin0.69%
Debt/Equity Ratio35.8%

How did NHY perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

374%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:06
End of Day Share Price 2024/12/18 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 43 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