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Nel ASA
OSE:NEL

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Nel ASA
OSE:NEL
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Price: 2.112 NOK -2.67% Market Closed
Market Cap: kr3.9B

Gross Margin

59.8%
Current
Improving
by 4%
vs 3-y average of 55.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
59.8%
=
Gross Profit
kr627.2m
/
Revenue
kr1B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
59.8%
=
Gross Profit
kr627.2m
/
Revenue
kr1B

Peer Comparison

Country Company Market Cap Gross
Margin
NO
Nel ASA
OSE:NEL
3.9B NOK
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US
GE Vernova Inc
MIL:1GEV
189.5B EUR
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DE
Siemens Energy AG
XETRA:ENR
140.7B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
11.9T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
40B EUR
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KR
Doosan Enerbility Co Ltd
KRX:034020
63T KRW
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US
Bloom Energy Corp
NYSE:BE
32.3B USD
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CN
NARI Technology Co Ltd
SSE:600406
210.8B CNY
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DK
Vestas Wind Systems A/S
CSE:VWS
156.9B DKK
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
34.5T KRW
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CN
Shanghai Electric Group Co Ltd
SSE:601727
136.8B CNY
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Market Distribution

Higher than 70% of companies in Norway
Percentile
70th
Based on 655 companies
70th percentile
59.8%
Low
-3 145.8% — 7.6%
Typical Range
7.6% — 59.8%
High
59.8% — 1 122%
Distribution Statistics
Norway
Min -3 145.8%
30th Percentile 7.6%
Median 38.1%
70th Percentile 59.8%
Max 1 122%

Nel ASA
Glance View

NEL ASA operates as a hydrogen company, which provides solutions to produce, store and distribute hydrogen from renewable energy. The company is headquartered in Oslo, Oslo and currently employs 486 full-time employees. The company went IPO on 2004-08-27. The firm delivers solutions to produce, store and distribute hydrogen from renewable energy. Nel ASA serves industries, energy and gas companies with hydrogen technology. The Company’s hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing fuel cell electric vehicles with the same fueling and long range as conventional vehicles. The Company’s subsidiaries are: H2 Logic A/S in Denmark; Hyme AS, Nel Fuel AS, New Nel Hydrogen Holding AS and RotoBoost H2 AS in Norway, as well as Proton Energy Systems Inc based in the United States.

NEL Intrinsic Value
2.785 NOK
Undervaluation 24%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
59.8%
=
Gross Profit
kr627.2m
/
Revenue
kr1B
What is Nel ASA's current Gross Margin?

The current Gross Margin for Nel ASA is 59.8%, which is above its 3-year median of 55.8%.

How has Gross Margin changed over time?

Over the last 3 years, Nel ASA’s Gross Margin has increased from 26.6% to 59.8%. During this period, it reached a low of 26.6% on Sep 30, 2022 and a high of 63.7% on Dec 31, 2024.

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