Valuation Norsk Hydro ASA

Equities

Real-time Oslo Bors Other stock markets 11:11:19 12/05/2026 BST			5-day change	1st Jan Change
103.90 ^NOK	-1.09%		-3.93%	+32.86%

05:13am	Citigroup downgrades Norsk Hydro to Neutral from Buy, sets price target at NOK 110 - BN	FW
05-07	Hydro is investing 1.2 billion in power supply in Årdal	RE

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	206,452	-	-
Change	-	5.11%	-8.19%	-10.09%	25.03%	33.44%	-	-
Enterprise Value (EV) ¹	139,406	148,590	146,460	139,717	172,918	214,416	214,423	210,293
Change	-	6.59%	-1.43%	-4.6%	23.76%	24%	0%	-1.93%
P/E ratio	11.7x	6.22x	38.6x	21.6x	22.9x	11.7x	11.3x	12.7x
PBR	1.7x	1.47x	1.38x	1.23x	1.54x	1.87x	1.75x	1.69x
PEG	-	0.1x	-0.5x	0.3x	1.3x	0x	3.11x	-1.1x
Capitalization / Revenue	0.95x	0.72x	0.71x	0.61x	0.74x	0.97x	0.94x	0.94x
EV / Revenue	0.93x	0.71x	0.76x	0.69x	0.83x	1.01x	0.97x	0.95x
EV / EBITDA	4.98x	3.75x	6.58x	5.31x	5.99x	5.69x	5.52x	5.86x
EV / EBIT	6.71x	4.77x	11.3x	8.58x	9.27x	7.87x	7.53x	8.37x
EV / FCF	29.9x	7.51x	17.1x	77.6x	14.7x	19.5x	14.2x	15.8x
FCF Yield	3.34%	13.3%	5.86%	1.29%	6.78%	5.14%	7.06%	6.33%
Dividend per Share ²	5.4	5.65	2.5	2.25	3	5.233	5.521	5.103
Rate of return	7.77%	7.71%	3.65%	3.6%	3.84%	4.98%	5.26%	4.86%
EPS ²	5.93	11.78	1.77	2.9	3.41	8.99	9.316	8.278
Distribution rate	91.1%	48%	141%	77.6%	88%	58.2%	59.3%	61.6%
Net sales ¹	149,654	207,929	193,619	203,636	207,971	213,228	220,608	220,629
EBITDA ¹	28,010	39,664	22,258	26,318	28,889	37,671	38,854	35,914
EBIT ¹	20,786	31,179	12,983	16,284	18,663	27,256	28,475	25,133
Net income ¹	13,930	24,154	3,583	5,790	6,717	17,650	18,404	16,272
Net Debt ¹	-3,213	-1,310	8,830	15,976	18,200	7,963	7,970	3,840
Reference price ²	69.52	73.32	68.40	62.54	78.20	105.05	105.05	105.05
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	11.69x	1.01x	5.69x	4.98%	22.49B
SHANDONG HONGQIAO ALUMINUM INDUSTRY HOLDING COMPANY LIMITED	9.43x	1.61x	5.53x	-	44.42B
ALUMINUM CORPORATION OF CHINA LIMITED	6.77x	0.74x	3.07x	6.16%	28.52B
HINDALCO INDUSTRIES LIMITED	14.6x	1.06x	8.29x	0.56%	23.85B
ALCOA CORPORATION	8.74x	1.15x	5.33x	0.61%	17.24B
TIANSHAN ALUMINUM GROUP CO.,LTD	8.32x	2.03x	5.84x	6.09%	11.14B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	10.54x	-	-	2.99%	10.3B
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	8.37x	1.5x	4.42x	6.12%	10.23B
NATIONAL ALUMINIUM COMPANY LIMITED	12.89x	3.69x	8.19x	2.66%	7.58B
CHUANGXIN INDUSTRIES HOLDINGS LIMITED	8.42x	2.24x	5.62x	6.22%	5.94B
Average	9.98x	1.67x	5.78x	4.04%	18.17B
Weighted average by Cap.	9.95x	1.40x	5.58x	3.86%