Logo image of HYPRO.OL

HYDROGENPRO ASA (HYPRO.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:HYPRO - NO0010892359 - Common Stock

2.165 NOK
-0.12 (-5.25%)
Last: 1/9/2026, 7:00:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to HYPRO. HYPRO was compared to 109 industry peers in the Machinery industry. HYPRO has a bad profitability rating. Also its financial health evaluation is rather negative. HYPRO is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

HYPRO had negative earnings in the past year.
HYPRO had a negative operating cash flow in the past year.
HYPRO had negative earnings in each of the past 5 years.
HYPRO had a negative operating cash flow in each of the past 5 years.
HYPRO.OL Yearly Net Income VS EBIT VS OCF VS FCFHYPRO.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

With a Return On Assets value of -44.70%, HYPRO is not doing good in the industry: 94.50% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -77.95%, HYPRO is doing worse than 88.99% of the companies in the same industry.
Industry RankSector Rank
ROA -44.7%
ROE -77.95%
ROIC N/A
ROA(3y)-21.12%
ROA(5y)-15.37%
ROE(3y)-32.92%
ROE(5y)-22.58%
ROIC(3y)N/A
ROIC(5y)N/A
HYPRO.OL Yearly ROA, ROE, ROICHYPRO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

1.3 Margins

HYPRO has a Gross Margin (45.93%) which is in line with its industry peers.
HYPRO's Gross Margin has declined in the last couple of years.
HYPRO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 45.93%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.96%
GM growth 5Y-8.39%
HYPRO.OL Yearly Profit, Operating, Gross MarginsHYPRO.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

3

2. Health

2.1 Basic Checks

HYPRO does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for HYPRO has been increased compared to 1 year ago.
HYPRO has more shares outstanding than it did 5 years ago.
HYPRO has a better debt/assets ratio than last year.
HYPRO.OL Yearly Shares OutstandingHYPRO.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
HYPRO.OL Yearly Total Debt VS Total AssetsHYPRO.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

A Debt/Equity ratio of 0.04 indicates that HYPRO is not too dependend on debt financing.
HYPRO has a better Debt to Equity ratio (0.04) than 88.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC8.2%
HYPRO.OL Yearly LT Debt VS Equity VS FCFHYPRO.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

2.3 Liquidity

HYPRO has a Current Ratio of 1.57. This is a normal value and indicates that HYPRO is financially healthy and should not expect problems in meeting its short term obligations.
HYPRO has a Current ratio (1.57) which is comparable to the rest of the industry.
HYPRO has a Quick Ratio of 1.38. This is a normal value and indicates that HYPRO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.38, HYPRO is in the better half of the industry, outperforming 77.98% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.57
Quick Ratio 1.38
HYPRO.OL Yearly Current Assets VS Current LiabilitesHYPRO.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

3

3. Growth

3.1 Past

HYPRO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.78%.
The Revenue for HYPRO has decreased by -56.08% in the past year. This is quite bad
The Revenue has been growing by 50.72% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)6.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%27.34%
Revenue 1Y (TTM)-56.08%
Revenue growth 3Y113.76%
Revenue growth 5Y50.72%
Sales Q2Q%-75.19%

3.2 Future

The Earnings Per Share is expected to grow by 16.19% on average over the next years. This is quite good.
Based on estimates for the next years, HYPRO will show a decrease in Revenue. The Revenue will decrease by -5.77% on average per year.
EPS Next Y7.69%
EPS Next 2Y17.62%
EPS Next 3Y16.19%
EPS Next 5YN/A
Revenue Next Year-81.22%
Revenue Next 2Y-34.28%
Revenue Next 3Y-5.77%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HYPRO.OL Yearly Revenue VS EstimatesHYPRO.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
HYPRO.OL Yearly EPS VS EstimatesHYPRO.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 -0.5 -1 -1.5 -2 -2.5

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for HYPRO. In the last year negative earnings were reported.
Also next year HYPRO is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HYPRO.OL Price Earnings VS Forward Price EarningsHYPRO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HYPRO.OL Per share dataHYPRO.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2

4.3 Compensation for Growth

HYPRO's earnings are expected to grow with 16.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y17.62%
EPS Next 3Y16.19%

0

5. Dividend

5.1 Amount

No dividends for HYPRO!.
Industry RankSector Rank
Dividend Yield 0%

HYDROGENPRO ASA

OSL:HYPRO (1/9/2026, 7:00:00 PM)

2.165

-0.12 (-5.25%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-14 2025-11-14
Earnings (Next)02-26 2026-02-26
Inst Owners5.51%
Inst Owner ChangeN/A
Ins Owners14.92%
Ins Owner ChangeN/A
Market Cap206.80M
Revenue(TTM)176.47M
Net Income(TTM)-213.32M
Analysts40
Price Target51 (2255.66%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.17
P/FCF N/A
P/OCF N/A
P/B 0.76
P/tB 0.93
EV/EBITDA N/A
EPS(TTM)-2.89
EYN/A
EPS(NY)-1.78
Fwd EYN/A
FCF(TTM)-2.18
FCFYN/A
OCF(TTM)-1.67
OCFYN/A
SpS1.85
BVpS2.86
TBVpS2.33
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -44.7%
ROE -77.95%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 45.93%
FCFM N/A
ROA(3y)-21.12%
ROA(5y)-15.37%
ROE(3y)-32.92%
ROE(5y)-22.58%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.96%
GM growth 5Y-8.39%
F-Score3
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 220.31%
Cap/Sales 27.49%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.57
Quick Ratio 1.38
Altman-Z N/A
F-Score3
WACC8.2%
ROIC/WACCN/A
Cap/Depr(3y)100.78%
Cap/Depr(5y)485.48%
Cap/Sales(3y)14.13%
Cap/Sales(5y)41.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%27.34%
EPS Next Y7.69%
EPS Next 2Y17.62%
EPS Next 3Y16.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-56.08%
Revenue growth 3Y113.76%
Revenue growth 5Y50.72%
Sales Q2Q%-75.19%
Revenue Next Year-81.22%
Revenue Next 2Y-34.28%
Revenue Next 3Y-5.77%
Revenue Next 5YN/A
EBIT growth 1Y-27.25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year199.59%
EBIT Next 3Y35.52%
EBIT Next 5Y62.84%
FCF growth 1Y39.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y50.36%
OCF growth 3YN/A
OCF growth 5YN/A

HYDROGENPRO ASA / HYPRO.OL FAQ

What is the fundamental rating for HYPRO stock?

ChartMill assigns a fundamental rating of 2 / 10 to HYPRO.OL.


What is the valuation status for HYPRO stock?

ChartMill assigns a valuation rating of 0 / 10 to HYDROGENPRO ASA (HYPRO.OL). This can be considered as Overvalued.


How profitable is HYDROGENPRO ASA (HYPRO.OL) stock?

HYDROGENPRO ASA (HYPRO.OL) has a profitability rating of 0 / 10.


What is the financial health of HYDROGENPRO ASA (HYPRO.OL) stock?

The financial health rating of HYDROGENPRO ASA (HYPRO.OL) is 3 / 10.