Norsk Hydro (OB:NHY) - Stock Price, News & Analysis

NHY Stock Overview

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide.

About the company

NHY fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	1/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 34.9% below our estimate of its fair value

Earnings are forecast to grow 37.23% per year

Risk Analysis

Dividend of 3.53% is not well covered by earnings or cash flows

Large one-off items impacting financial results

Profit margins (1.7%) are lower than last year (9.4%)

Norsk Hydro ASA Competitors

China Hongqiao Group

SEHK:1378

HK$117.5b

Hindalco Industries

BSE:500440

₹1.5t

Borregaard

OB:BRG

kr19.4b

Press Metal Aluminium Holdings Berhad

KLSE:PMETAL

RM44.4b

Price History & Performance

Summary of all time highs, changes and price drops for Norsk Hydro
Historical stock prices
Current Share Price	kr70.92
52 Week High	kr75.10
52 Week Low	kr53.24
Beta	1.3
1 Month Change	1.43%
3 Month Change	30.03%
1 Year Change	5.72%
3 Year Change	25.97%
5 Year Change	125.21%
Change since IPO	151.49%

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 29

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

Apr 28

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

Apr 13

Recent updates

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 29

Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price

Nov 14

Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention

Sep 28

Is Norsk Hydro (OB:NHY) Using Too Much Debt?

Sep 10

Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)

Aug 08

Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation

Jun 21

Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet

Jun 06

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

May 04

Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?

Apr 20

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Apr 05

Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive

Mar 02

Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65

Feb 17

Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly

Feb 15

Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

Jan 21

A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)

Dec 28

Norsk Hydro ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jul 26

Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

Jul 20

An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 34% Undervalued

Jun 05

Shareholder Returns

	NHY	NO Metals and Mining	NO Market
7D	2.8%	-0.5%	0.2%
1Y	5.7%	4.2%	10.3%

Return vs Industry: NHY exceeded the Norwegian Metals and Mining industry which returned 4.2% over the past year.

Return vs Market: NHY underperformed the Norwegian Market which returned 10.3% over the past year.

Price Volatility

Is NHY's price volatile compared to industry and market?
NHY volatility
NHY Average Weekly Movement	5.0%
Metals and Mining Industry Average Movement	5.0%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	10.4%
10% least volatile stocks in NO Market	3.0%

Stable Share Price: NHY has not had significant price volatility in the past 3 months.

Volatility Over Time: NHY's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1905	32,436	Eivind Kallevik	www.hydro.com

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments. The Hydro Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina.

Norsk Hydro ASA Fundamentals Summary

How do Norsk Hydro's earnings and revenue compare to its market cap?
NHY fundamental statistics
Market cap	kr142.19b
Earnings (TTM)	kr3.26b
Revenue (TTM)	kr192.63b

43.6x

P/E Ratio

0.7x

P/S Ratio

Is NHY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHY income statement (TTM)
Revenue	kr192.63b
Cost of Revenue	kr122.27b
Gross Profit	kr70.36b
Other Expenses	kr67.10b
Earnings	kr3.26b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 23, 2024

Earnings per share (EPS)	1.63
Gross Margin	36.53%
Net Profit Margin	1.69%
Debt/Equity Ratio	35.0%

How did NHY perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

155%

Payout Ratio

NHY Stock Overview

Rewards

Risk Analysis

Norsk Hydro ASA Competitors

SEHK:1378

HK$117.5b

BSE:500440

₹1.5t

OB:BRG

kr19.4b

KLSE:PMETAL

RM44.4b

Price History & Performance

Recent News & Updates

Norsk Hydro Asa Announces Board Appointments

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 10%, revenue upgraded

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

Recent updates

Norsk Hydro Asa Announces Board Appointments

Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year

Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 10%, revenue upgraded

Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50

What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

VE Invest UAB agreed to acquire Fabrication Plant in Kaunas, Lithuania from Norsk Hydro ASA (OB:NHY).

Norsk Hydro ASA Announces CEO Changes

Norsk Hydro ASA Announces Appointment of Trond Olaf Christophersen as CFO

Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50

Norsk Hydro ASA Announces CFO Changes

Norsk Hydro ASA Announces Resignation of Pål Kildemo as CFO

Norsk Hydro ASA Announces Leaving of Pål Kildemo as Executive Vice President

Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year

Consensus EPS estimates fall by 10%, revenue upgraded

Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear

Full year 2023 earnings: EPS misses analyst expectations

Norsk Hydro ASA Proposes Dividend for the Financial Year 2023, Payable on 21 May 2024

We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending

Many Still Looking Away From Norsk Hydro ASA (OB:NHY)

These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively

Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price

Third quarter 2023 earnings: EPS misses analyst expectations

Macquarie Asset Management agreed to acquire a 49.9% stake in Hydro REIN from Norsk Hydro ASA (OB:NHY) for approximately $330 million.

Consensus EPS estimates fall by 16%, revenue upgraded

Now 20% undervalued after recent price drop

Norsk Hydro ASA (OB:NHY) commences an Equity Buyback Plan for 100,000,000 shares, representing 4.91% of its issued share capital, for NOK 2,000 million, under the authorization approved on May 10, 2023.

Norsk Hydro ASA to Report Q3, 2024 Results on Oct 24, 2024

Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention

Now 22% undervalued

Is Norsk Hydro (OB:NHY) Using Too Much Debt?

Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation

Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet

Norsk Hydro ASA Approves Dividend for the Financial Year 2022, Payable on 23 May 2023

Consensus EPS estimates fall by 10%, revenue upgraded

Upcoming dividend of kr5.65 per share at 7.5% yield

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Consensus EPS estimates fall by 11%, revenue upgraded

Consensus EPS estimates fall by 16%

Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?

Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65

Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive

Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65

Norsk Hydro ASA Proposes Dividend for the Financial Year 2022, Payable on 23 May 2023

Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly

Full year 2022 earnings released: EPS: kr11.76 (vs kr5.92 in FY 2021)

Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching

A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)

Less than half of directors are independent

Norsk Hydro ASA (OB:NHY) signed an agreement to acquire Hueck Industrie Holding KG for an enterprise value of €60.3 million.

Norsk Hydro ASA (OB:NHY) announces an Equity Buyback for NOK 2,000 million worth of its shares, under the authorization approved on September 20, 2022.

Norsk Hydro ASA Announces Executive Changes

Norsk Hydro ASA Approves Additional Dividend, Payable on September 30, 2022

Norsk Hydro ASA (OB:NHY) and Altor Fund V AB completed the acquisition of Altor Equity Partners AB entered into an agreement to acquire 60% from Elkem ASA (OB:ELK).