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Alternative stocks to Nel ASA (OB:NEL)


These are the alternatives to Nel ASA that fall within the same industry, Heavy Electrical Equipment, or region, Norway.

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Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

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Nel ASA stock research in summary

nelhydrogen.com


Nel ASA shares have a market-typical stock price level. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Nel ASA is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


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Country Norway
Industry Heavy Electrical Equipment
Index
Size class X-Small

Large companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Daimler Truck (XXL, DE)  Heavy Machinery
1. Daimler Truck (XXL, DE)   Heavy Machinery 83 83 82 96
2. Strabag (XL, AT)  Construction & Engineering
2. Strabag (XL, AT)   Construction & Engineering 85 19 95 89
3. Leonardo (XL, IT)  Aerospace & Defense
3. Leonardo (XL, IT)   Aerospace & Defense 41 89 65 84
4. ACS (XL, ES)  Construction & Engineering
4. ACS (XL, ES)   Construction & Engineering 57 93 23 75
5. Rolls-Royce (XL, GB)  Aerospace & Defense
5. Rolls-Royce (XL, GB)   Aerospace & Defense 43 95 32 72
6. ABB (XXL, CH)  Electr. Components & Equipment
6. ABB (XXL, CH)   Electr. Components & Equipment 14 77 75 67
7. Schneider Electric (XXL, FR)  Electr. Components & Equipment
7. Schneider Electric (XXL, FR)   Electr. Components & Equipment 41 55 50 54
8. Sandvik (XL, SE)  Industrial Machinery
8. Sandvik (XL, SE)   Industrial Machinery 33 75 44 52
9. Safran (XL, FR)  Aerospace & Defense
9. Safran (XL, FR)   Aerospace & Defense 7 69 76 51
10. Airbus (XXL, NL)  Aerospace & Defense
10. Airbus (XXL, NL)   Aerospace & Defense 17 71 53 49

July 24, 2025

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It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Sanofi (XXL, FR)  Pharmaceuticals
1. Sanofi (XXL, FR)   Pharmaceuticals 100 48 72 100
2. Daimler Truck (XXL, DE)  Heavy Machinery
2. Daimler Truck (XXL, DE)   Heavy Machinery 83 83 82 96
3. Fresenius (XL, DE)  Health Care Services
3. Fresenius (XL, DE)   Health Care Services 87 69 65 96
4. Polski Koncern Naftowy ORLEN Spolka Akcyjna (XL, PL)  Oil & Gas Refining
4. Polski Koncern Naftowy ORLEN Spolka Akcyjna (XL, PL)   Oil & Gas Refining 73 79 82 94
5. thyssenkrupp (XL, DE)  Steel
5. thyssenkrupp (XL, DE)   Steel 57 87 98 92
6. Continental (XL, DE)  Auto Parts & Equipment
6. Continental (XL, DE)   Auto Parts & Equipment 49 55 100 90
7. Infineon (XL, DE)  Semiconductors
7. Infineon (XL, DE)   Semiconductors 45 81 73 90
8. Evonik (XL, DE)  Specialty Chemicals
8. Evonik (XL, DE)   Specialty Chemicals 97 27 78 90
9. Vodafone (XL, GB)  Wireless Telecommunication
9. Vodafone (XL, GB)   Wireless Telecommunication 92 62 67 90
10. Strabag (XL, AT)  Construction & Engineering
10. Strabag (XL, AT)   Construction & Engineering 85 19 95 89

July 24, 2025


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Mid sized companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Koninklijke BAM Groep (M, NL)  Construction & Engineering
1. Koninklijke BAM Groep (M, NL)   Construction & Engineering 87 79 81 100
2. KSB (M, DE)  Industrial Machinery
2. KSB (M, DE)   Industrial Machinery 87 93 99 100
3. Heidelberger Druckmaschinen (M, DE)  Industrial Machinery
3. Heidelberger Druckmaschinen (M, DE)   Industrial Machinery 79 89 79 95
4. Indus (M, DE)  Industrial Conglomerates
4. Indus (M, DE)   Industrial Conglomerates 97 65 63 95
5. Krones (L, DE)  Industrial Machinery
5. Krones (L, DE)   Industrial Machinery 59 91 79 95
6. Andritz (L, AT)  Industrial Machinery
6. Andritz (L, AT)   Industrial Machinery 77 91 59 95
7. Dassault Aviation (L, FR)  Aerospace & Defense
7. Dassault Aviation (L, FR)   Aerospace & Defense 25 97 94 94
8. Wacker Neuson (M, DE)  Heavy Machinery
8. Wacker Neuson (M, DE)   Heavy Machinery 77 99 69 93
9. Danieli & C. Officine Meccaniche (M, IT)  Industrial Machinery
9. Danieli & C. Officine Meccaniche (M, IT)   Industrial Machinery 73 57 92 90
10. Mytilineos (M, GR)  Industrial Conglomerates
10. Mytilineos (M, GR)   Industrial Conglomerates 74 61 70 90

July 24, 2025


Mid sized companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Austevoll Seafood (M, NO)  Packaged Foods & Meats
1. Austevoll Seafood (M, NO)   Packaged Foods & Meats 93 53 71 95
2. Wilh. Wilhelmsen (M, NO)  Marine
2. Wilh. Wilhelmsen (M, NO)   Marine 75 63 71 95
3. Yara International (L, NO)  Fertilizers & Agricultural Chemicals
3. Yara International (L, NO)   Fertilizers & Agricultural Chemicals 79 87 32 88
4. Kongsberg Gruppen (L, NO)  Aerospace & Defense
4. Kongsberg Gruppen (L, NO)   Aerospace & Defense 31 95 69 82
5. Norwegian Air Shuttle (M, NO)  Airlines
5. Norwegian Air Shuttle (M, NO)   Airlines 61 73 55 81
6. Aker Solutions (M, NO)  Oil & Gas Equipment
6. Aker Solutions (M, NO)   Oil & Gas Equipment 99 21 67 79
7. Gjensidige Forsikring (M, NO)  Multi-line Insurance
7. Gjensidige Forsikring (M, NO)   Multi-line Insurance 6 96 98 78
8. Orkla (L, NO)  Packaged Foods & Meats
8. Orkla (L, NO)   Packaged Foods & Meats 33 75 71 73
9. Atea (M, NO)  IT Consulting & oth. Services
9. Atea (M, NO)   IT Consulting & oth. Services 87 67 10 65
10. Mowi (L, NO)  Packaged Foods & Meats
10. Mowi (L, NO)   Packaged Foods & Meats 55 69 45 59

July 24, 2025



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