Valuation Norsk Hydro ASA

Equities

Real-time Oslo Bors Other stock markets 19:19:44 09/03/2026 +04			5-day change	1st Jan Change
89.64 ^NOK	-1.06%		-0.80%	+14.63%

05:49pm	Danske Bank Upgrades Norsk Hydro to Hold, Boosts PT	MT
05:49pm	AlphaValue/Baader Europe Downgrades Norsk Hydro to Add, Trims PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	142,619	149,900	137,630	123,741	154,718	178,054	-	-
Change	-	5.11%	-8.19%	-10.09%	25.03%	15.08%	-	-
Enterprise Value (EV) ¹	139,406	148,590	146,460	139,717	172,918	186,575	184,194	182,540
Change	-	6.59%	-1.43%	-4.6%	23.76%	7.9%	-1.28%	-0.9%
P/E ratio	11.7x	6.22x	38.6x	21.6x	22.9x	13.3x	11.8x	11.8x
PBR	1.7x	1.47x	1.38x	1.23x	1.54x	1.66x	1.56x	1.5x
PEG	-	0.1x	-0.5x	0.3x	1.3x	0x	0.9x	-23.32x
Capitalization / Revenue	0.95x	0.72x	0.71x	0.61x	0.74x	0.87x	0.82x	0.83x
EV / Revenue	0.93x	0.71x	0.76x	0.69x	0.83x	0.91x	0.85x	0.85x
EV / EBITDA	4.98x	3.75x	6.58x	5.31x	5.99x	5.95x	5.4x	5.43x
EV / EBIT	6.71x	4.77x	11.3x	8.58x	9.27x	8.65x	7.92x	7.78x
EV / FCF	29.9x	7.51x	17.1x	77.6x	14.7x	19.8x	15.9x	14.4x
FCF Yield	3.34%	13.3%	5.86%	1.29%	6.78%	5.06%	6.29%	6.95%
Dividend per Share ²	5.4	5.65	2.5	2.25	3	3.824	4.681	4.341
Rate of return	7.77%	7.71%	3.65%	3.6%	3.84%	4.22%	5.17%	4.79%
EPS ²	5.93	11.78	1.77	2.9	3.41	6.825	7.708	7.669
Distribution rate	91.1%	48%	141%	77.6%	88%	56%	60.7%	56.6%
Net sales ¹	149,654	207,929	193,619	203,636	207,971	204,820	216,697	215,574
EBITDA ¹	28,010	39,664	22,258	26,318	28,889	31,372	34,096	33,620
EBIT ¹	20,786	31,179	12,983	16,284	18,663	21,570	23,268	23,451
Net income ¹	13,930	24,154	3,583	5,790	6,717	13,467	15,178	15,067
Net Debt ¹	-3,213	-1,310	8,830	15,976	18,200	8,521	6,139	4,486
Reference price ²	69.52	73.32	68.40	62.54	78.20	90.60	90.60	90.60
Nbr of stocks (in thousands)	2,051,476	2,044,467	2,012,141	1,978,589	1,978,489	1,965,278	-	-
Announcement Date	22/02/22	14/02/23	13/02/24	13/02/25	13/02/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NORSK HYDRO ASA	13.42x	0.91x	5.97x	4.18%	18.54B
ALUMINUM CORPORATION OF CHINA LIMITED	14.37x	1.07x	6.08x	2.38%	33.65B
HINDALCO INDUSTRIES LIMITED	13.71x	1.02x	7.91x	0.59%	23.16B
ALCOA CORPORATION	12.31x	1.18x	6.27x	0.67%	15.74B
TIANSHAN ALUMINUM GROUP CO.,LTD	17.42x	3.11x	12.14x	2.87%	12.28B
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	14.82x	1.99x	8.15x	2.53%	11.37B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	13.31x	-	-	2.64%	10.81B
NATIONAL ALUMINIUM COMPANY LIMITED	13.17x	3.76x	8.33x	2.59%	7.92B
CHUANGXIN INDUSTRIES HOLDINGS LIMITED	14.07x	-	-	-	6.04B
Average	14.07x	1.86x	7.84x	2.31%	15.5B
Weighted average by Cap.	14.04x	1.51x	7.38x	2.21%