NEL Fundamental Analysis - NEL ASA

Fundamental Rating

NEL gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 54 industry peers in the Electrical Equipment industry. While NEL seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, NEL is valued expensive at the moment.

Quickly go to:

1. Profitability

1.1 Basic Checks

NEL had negative earnings in the past year.

In the past year NEL has reported a negative cash flow from operations.

In the past 5 years NEL reported 4 times negative net income.

NEL had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

With a Return On Assets value of -7.88%, NEL is not doing good in the industry: 74.07% of the companies in the same industry are doing better.

NEL's Return On Equity of -9.91% is in line compared to the rest of the industry. NEL outperforms 44.44% of its industry peers.

		Industry Rank	Sector Rank
ROA	-7.88%
ROE	-9.91%
ROIC	N/A

ROA(3y)-10.54%

ROA(5y)-7.42%

ROE(3y)-13.4%

ROE(5y)-9.63%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

NEL's Gross Margin of 59.77% is amongst the best of the industry. NEL outperforms 85.19% of its industry peers.

NEL's Gross Margin has improved in the last couple of years.

The Profit Margin and Operating Margin are not available for NEL so they could not be analyzed.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	N/A
GM	59.77%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y33.58%

GM growth 5Y9.82%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

NEL does not have a ROIC to compare to the WACC, probably because it is not profitable.

The number of shares outstanding for NEL remains at a similar level compared to 1 year ago.

The number of shares outstanding for NEL has been increased compared to 5 years ago.

Compared to 1 year ago, NEL has a worse debt to assets ratio.

2.2 Solvency

NEL has an Altman-Z score of 1.94. This is not the best score and indicates that NEL is in the grey zone with still only limited risk for bankruptcy at the moment.

The Altman-Z score of NEL (1.94) is comparable to the rest of the industry.

NEL has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.

The Debt to Equity ratio of NEL (0.04) is better than 88.89% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.04
Debt/FCF	N/A
Altman-Z	1.94

ROIC/WACCN/A

WACC8.42%

2.3 Liquidity

A Current Ratio of 3.54 indicates that NEL has no problem at all paying its short term obligations.

Looking at the Current ratio, with a value of 3.54, NEL belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.

A Quick Ratio of 2.59 indicates that NEL has no problem at all paying its short term obligations.

Looking at the Quick ratio, with a value of 2.59, NEL belongs to the top of the industry, outperforming 90.74% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	3.54
Quick Ratio	2.59

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

NEL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.46%, which is quite impressive.

Looking at the last year, NEL shows a decrease in Revenue. The Revenue has decreased by -6.14% in the last year.

NEL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.53% yearly.

EPS 1Y (TTM)63.46%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-255.5%

Revenue 1Y (TTM)-6.14%

Revenue growth 3Y22.66%

Revenue growth 5Y19.53%

Sales Q2Q%-56.89%

3.2 Future

Based on estimates for the next years, NEL will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.66% on average per year.

NEL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.22% yearly.

EPS Next Y-35.92%

EPS Next 2Y2.58%

EPS Next 3Y4.97%

EPS Next 5Y17.66%

Revenue Next Year-44.66%

Revenue Next 2Y-3%

Revenue Next 3Y8.49%

Revenue Next 5Y22.22%

3.3 Evolution

The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

NEL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.

Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NEL. No positive earnings are expected for the next year.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	N/A

4.3 Compensation for Growth

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y2.58%

EPS Next 3Y4.97%

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

NEL does not give a dividend.

		Industry Rank	Sector Rank
Dividend Yield	N/A

More info and screens

Find the best dividend stocks

Show peers with best dividend

NEL ASA

OSL:NEL (7/25/2025, 4:17:42 PM)

2.734

-0.01 (-0.22%)

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryElectrical Equipment

Earnings (Last)07-16 2025-07-16

Earnings (Next)10-29 2025-10-29

Inst Owners26.41%

Inst Owner ChangeN/A

Ins Owners0.01%

Ins Owner ChangeN/A

Market Cap5.03B

Analysts44.35

Price Target2.69 (-1.61%)

Short Float %N/A

Short RatioN/A

Dividend

		Industry Rank	Sector Rank
Dividend Yield	N/A

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)0

Avg Revenue beat(2)-28.05%

Min Revenue beat(2)-38.45%

Max Revenue beat(2)-17.65%

Revenue beat(4)0

Avg Revenue beat(4)-15.73%

Min Revenue beat(4)-38.45%

Max Revenue beat(4)-1.7%

Revenue beat(8)1

Avg Revenue beat(8)-10.41%

Revenue beat(12)4

Avg Revenue beat(12)0.2%

Revenue beat(16)6

Avg Revenue beat(16)0.02%

PT rev (1m)-13.74%

PT rev (3m)-22.97%

EPS NQ rev (1m)-7.5%

EPS NQ rev (3m)-7.5%

EPS NY rev (1m)0%

EPS NY rev (3m)0%

Revenue NQ rev (1m)-41.52%

Revenue NQ rev (3m)-41.52%

Revenue NY rev (1m)0%

Revenue NY rev (3m)-28.69%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	4.53
P/FCF	N/A
P/OCF	N/A
P/B	1.03
P/tB	1.28
EV/EBITDA	N/A

EPS(TTM)-0.19

EYN/A

EPS(NY)-0.18

Fwd EYN/A

FCF(TTM)-0.29

FCFYN/A

OCF(TTM)-0.07

OCFYN/A

SpS0.6

BVpS2.66

TBVpS2.13

PEG (NY)N/A

PEG (5Y)N/A

Profitability

		Industry Rank	Sector Rank
ROA	-7.88%
ROE	-9.91%
ROCE	N/A
ROIC	N/A
ROICexc	N/A
ROICexgc	N/A
OM	N/A
PM (TTM)	N/A
GM	59.77%
FCFM	N/A

ROA(3y)-10.54%

ROA(5y)-7.42%

ROE(3y)-13.4%

ROE(5y)-9.63%

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

ROICexcg growth 3YN/A

ROICexcg 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 3Y33.58%

GM growth 5Y9.82%

F-Score2

Asset Turnover0.18

Health

		Industry Rank	Sector Rank
Debt/Equity	0.04
Debt/FCF	N/A
Debt/EBITDA	N/A
Cap/Depr	153.8%
Cap/Sales	36.65%
Interest Coverage	N/A
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	3.54
Quick Ratio	2.59
Altman-Z	1.94

F-Score2

WACC8.42%

ROIC/WACCN/A

Cap/Depr(3y)232.6%

Cap/Depr(5y)238.15%

Cap/Sales(3y)44.74%

Cap/Sales(5y)43.98%

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)63.46%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-255.5%

EPS Next Y-35.92%

EPS Next 2Y2.58%

EPS Next 3Y4.97%

EPS Next 5Y17.66%

Revenue 1Y (TTM)-6.14%

Revenue growth 3Y22.66%

Revenue growth 5Y19.53%

Sales Q2Q%-56.89%

Revenue Next Year-44.66%

Revenue Next 2Y-3%

Revenue Next 3Y8.49%

Revenue Next 5Y22.22%

EBIT growth 1Y-179.98%

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next Year27.66%

EBIT Next 3Y24.97%

EBIT Next 5Y28.82%

FCF growth 1Y51.6%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y79.35%

OCF growth 3YN/A

OCF growth 5YN/A

NEL ASA (NEL.OL) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

More info and screens