Ratings Nel ASA

Equities

NEL

NO0010081235

Real-time Oslo Bors Other stock markets 04:20:58 2024-04-25 am EDT			5-day change	1st Jan Change
4.59 ^NOK	+0.92%		-3.07%	-33.48%

Apr. 24	Hydrogen production using electricity to pick up speed - uncertainties remain	DP
Apr. 18	NEL ASA : Berenberg reiterates its Buy rating	ZD

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Thanks to a sound financial situation, the firm has significant leeway for investment.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
Low profitability weakens the company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
For the last few months, analysts have been revising downwards their earnings forecast.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Renewable Energy Equipment & Services

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEL ASA	-33.48%	691M		C
SUNGROW POWER SUPPLY CO., LTD.	+8.69%	19.3B		B
SIEMENS ENERGY AG	+48.04%	14.86B		B-
TRINA SOLAR CO., LTD.	-29.02%	6.07B		B
MING YANG SMART ENERGY GROUP LIMITED	-30.22%	2.63B		C+
GOODWE TECHNOLOGIES CO., LTD.	-29.54%	2.2B		B
ARRAY TECHNOLOGIES, INC.	-27.20%	1.86B		D+
SHENZHEN HOPEWIND ELECTRIC CO., LTD.	-24.88%	1.15B		-
SMART GÜNES ENERJISI TEKNOLOJILERI ARASTIRMA VE GELISTIRME ÜRETIM SANAYI VE TICARET	+2.17%	1.05B	-	-
AZAD ENGINEERING LIMITED	+92.62%	946M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes