NEL ASA (NEL.OL) Stock Fundamental Analysis
OSL:NEL - Euronext Oslo - NO0010081235 - Common Stock - Currency: NOK
We assign a fundamental rating of 3 out of 10 to NEL. NEL was compared to 53 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. While showing a medium growth rate, NEL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year NEL has reported negative net income.
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.
In the past 5 years NEL always reported negative operating cash flow.
1.2 Ratios
NEL has a Return On Assets (-3.80%) which is in line with its industry peers.
The Return On Equity of NEL (-4.82%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.8% | ||
| ROE | -4.82% | ||
| 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
Looking at the Gross Margin, with a value of 63.74%, NEL belongs to the top of the industry, outperforming 84.91% of the companies in the same industry.
In the last couple of years the Gross Margin of NEL has grown nicely.
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 | 63.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y33.58%
GM growth 5Y9.82%
2. Health
2.1 Basic Checks
NEL does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NEL has about the same amount of shares outstanding.
The number of shares outstanding for NEL has been increased compared to 5 years ago.
NEL has a worse debt/assets ratio than last year.
2.2 Solvency
NEL has an Altman-Z score of 1.70. This is a bad value and indicates that NEL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.70, NEL is in line with its industry, outperforming 56.60% of the companies in the same industry.
A Debt/Equity ratio of 0.04 indicates that NEL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.04, NEL belongs to the top of the industry, outperforming 92.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.7 |
ROIC/WACCN/A
WACC8.45%
2.3 Liquidity
NEL has a Current Ratio of 3.40. This indicates that NEL is financially healthy and has no problem in meeting its short term obligations.
NEL's Current ratio of 3.40 is amongst the best of the industry. NEL outperforms 88.68% of its industry peers.
A Quick Ratio of 2.87 indicates that NEL has no problem at all paying its short term obligations.
The Quick ratio of NEL (2.87) is better than 92.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.87 |
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.
The Revenue has decreased by -1.35% in the past year.
The Revenue has been growing by 19.53% on average over the past years. This is quite good.
EPS 1Y (TTM)63.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y22.66%
Revenue growth 5Y19.53%
Sales Q2Q%-15.58%
3.2 Future
NEL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.66% yearly.
Based on estimates for the next years, NEL will show a very strong growth in Revenue. The Revenue will grow by 24.61% on average per year.
EPS Next Y-35.92%
EPS Next 2Y2.58%
EPS Next 3Y4.97%
EPS Next 5Y17.66%
Revenue Next Year-22.39%
Revenue Next 2Y9.54%
Revenue Next 3Y24.07%
Revenue Next 5Y24.61%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NEL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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 2Y2.58%
EPS Next 3Y4.97%
5. Dividend
5.1 Amount
No dividends for NEL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:NEL (4/25/2025, 7:00:00 PM)
2.43
+0.08 (+3.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners35.17%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap4.47B
Analysts45.19
Price Target3.49 (43.62%)
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)-1%
Min EPS beat(2)-16.29%
Max EPS beat(2)14.28%
EPS beat(4)2
Avg EPS beat(4)18.46%
Min EPS beat(4)-16.29%
Max EPS beat(4)85.86%
EPS beat(8)5
Avg EPS beat(8)11.77%
EPS beat(12)6
Avg EPS beat(12)-8.59%
EPS beat(16)6
Avg EPS beat(16)-14.53%
Revenue beat(2)0
Avg Revenue beat(2)-3.4%
Min Revenue beat(2)-5.1%
Max Revenue beat(2)-1.7%
Revenue beat(4)0
Avg Revenue beat(4)-10.14%
Min Revenue beat(4)-25.75%
Max Revenue beat(4)-1.7%
Revenue beat(8)3
Avg Revenue beat(8)1.43%
Revenue beat(12)4
Avg Revenue beat(12)1.77%
Revenue beat(16)6
Avg Revenue beat(16)0.7%
PT rev (1m)0.33%
PT rev (3m)-19.19%
EPS NQ rev (1m)-30%
EPS NQ rev (3m)-30%
EPS NY rev (1m)3.47%
EPS NY rev (3m)-38.22%
Revenue NQ rev (1m)-1.19%
Revenue NQ rev (3m)-40.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-27.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.21 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.9 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.19
EYN/A
EPS(NY)-0.26
Fwd EYN/A
FCF(TTM)-0.5
FCFYN/A
OCF(TTM)-0.13
OCFYN/A
SpS0.76
BVpS2.71
TBVpS2.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.8% | ||
| ROE | -4.82% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 63.74% | ||
| 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-Score3
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 314.25% | ||
| Cap/Sales | 48.95% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.87 | ||
| Altman-Z | 1.7 |
F-Score3
WACC8.45%
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%33.33%
EPS Next Y-35.92%
EPS Next 2Y2.58%
EPS Next 3Y4.97%
EPS Next 5Y17.66%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y22.66%
Revenue growth 5Y19.53%
Sales Q2Q%-15.58%
Revenue Next Year-22.39%
Revenue Next 2Y9.54%
Revenue Next 3Y24.07%
Revenue Next 5Y24.61%
EBIT growth 1Y11.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year34.85%
EBIT Next 3Y31.21%
EBIT Next 5Y26.22%
FCF growth 1Y34.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y63.93%
OCF growth 3YN/A
OCF growth 5YN/A