NEL Fundamental Analysis - NEL ASA

Fundamental Rating

We assign a fundamental rating of 3 out of 10 to NEL. NEL was compared to 58 industry peers in the Electrical Equipment industry. NEL scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. NEL is quite expensive at the moment. It does show a decent growth rate.

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.

NEL had negative earnings in 4 of the past 5 years.

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

1.2 Ratios

NEL's Return On Assets of -7.88% is on the low side compared to the rest of the industry. NEL is outperformed by 70.69% of its industry peers.

NEL has a Return On Equity (-9.91%) which is comparable to the rest of the industry.

		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

With an excellent Gross Margin value of 59.77%, NEL belongs to the best of the industry, outperforming 87.93% of the companies in the same industry.

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

NEL does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.

		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.

Compared to 5 years ago, NEL has more shares outstanding

NEL has a worse debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 1.50, we must say that NEL is in the distress zone and has some risk of bankruptcy.

With a Altman-Z score value of 1.50, NEL perfoms like the industry average, outperforming 43.10% of the companies in the same industry.

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

Looking at the Debt to Equity ratio, with a value of 0.04, NEL belongs to the top of the industry, outperforming 91.38% of the companies in the same industry.

		Industry Rank	Sector Rank
Debt/Equity	0.04
Debt/FCF	N/A
Altman-Z	1.5

ROIC/WACCN/A

WACC8.3%

2.3 Liquidity

NEL has a Current Ratio of 3.54. This indicates that NEL is financially healthy and has no problem in meeting its short term obligations.

The Current ratio of NEL (3.54) is better than 91.38% of its industry peers.

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

NEL has a Quick ratio of 2.59. This is amongst the best in the industry. NEL outperforms 93.10% of its industry peers.

		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 slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.

NEL shows a decrease in Revenue. In the last year, the revenue decreased by -6.14%.

Measured over the past years, NEL shows a quite strong growth in Revenue. The Revenue has been growing by 19.53% on average per year.

EPS 1Y (TTM)0%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%0%

Revenue 1Y (TTM)-6.14%

Revenue growth 3Y22.66%

Revenue growth 5Y19.53%

Sales Q2Q%-46.61%

3.2 Future

The Earnings Per Share is expected to grow by 17.66% on average over the next years. This is quite good.

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-65.51%

EPS Next 2Y-10.89%

EPS Next 3Y1.3%

EPS Next 5Y17.66%

Revenue Next Year-43.94%

Revenue Next 2Y-14.18%

Revenue Next 3Y0.71%

Revenue Next 5Y22.22%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NEL. In the last year negative earnings were reported.

Also next year NEL is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.

		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 2Y-10.89%

EPS Next 3Y1.3%

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 (9/4/2025, 7:00:00 PM)

2.2

0 (-0.09%)

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryElectrical Equipment

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

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

Inst Owners26.41%

Inst Owner ChangeN/A

Ins Owners0.01%

Ins Owner ChangeN/A

Market Cap4.04B

Analysts44.35

Price Target2.44 (10.91%)

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)1

Avg EPS beat(2)-11.02%

Min EPS beat(2)-27.75%

Max EPS beat(2)5.7%

EPS beat(4)2

Avg EPS beat(4)-6.01%

Min EPS beat(4)-27.75%

Max EPS beat(4)14.28%

EPS beat(8)5

Avg EPS beat(8)8.69%

EPS beat(12)6

Avg EPS beat(12)-10.58%

EPS beat(16)7

Avg EPS beat(16)-9.92%

Revenue beat(2)1

Avg Revenue beat(2)-17.8%

Min Revenue beat(2)-38.45%

Max Revenue beat(2)2.86%

Revenue beat(4)1

Avg Revenue beat(4)-10.6%

Min Revenue beat(4)-38.45%

Max Revenue beat(4)2.86%

Revenue beat(8)2

Avg Revenue beat(8)-7.84%

Revenue beat(12)5

Avg Revenue beat(12)1.91%

Revenue beat(16)7

Avg Revenue beat(16)1.3%

PT rev (1m)-9.11%

PT rev (3m)-20.66%

EPS NQ rev (1m)0%

EPS NQ rev (3m)-11.07%

EPS NY rev (1m)-21.77%

EPS NY rev (3m)-21.77%

Revenue NQ rev (1m)0%

Revenue NQ rev (3m)-36.65%

Revenue NY rev (1m)0%

Revenue NY rev (3m)1.3%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	3.64
P/FCF	N/A
P/OCF	N/A
P/B	0.83
P/tB	1.03
EV/EBITDA	N/A

EPS(TTM)-0.28

EYN/A

EPS(NY)-0.23

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	1.5

F-Score2

WACC8.3%

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)0%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%0%

EPS Next Y-65.51%

EPS Next 2Y-10.89%

EPS Next 3Y1.3%

EPS Next 5Y17.66%

Revenue 1Y (TTM)-6.14%

Revenue growth 3Y22.66%

Revenue growth 5Y19.53%

Sales Q2Q%-46.61%

Revenue Next Year-43.94%

Revenue Next 2Y-14.18%

Revenue Next 3Y0.71%

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