More stocks to consider
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.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

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".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Nel ASA Performance

Nel ASA stock research in summary

nelhydrogen.com


Nel ASA shares have a market-typical stock price level. They show above average growth and are safely financed, but are poor value. 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.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

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. ABB (XXL, CH)  Electr. Components & Equipment
1. ABB (XXL, CH)   Electr. Components & Equipment 30 69 66 72
2. Schneider Electric (XXL, FR)  Electr. Components & Equipment
2. Schneider Electric (XXL, FR)   Electr. Components & Equipment 21 87 44 58
3. Prysmian (XXL, IT)  Electr. Components & Equipment
3. Prysmian (XXL, IT)   Electr. Components & Equipment 35 87 18 40
4. Vestas Wind (XXL, DK)  Heavy Electrical Equipment
4. Vestas Wind (XXL, DK)   Heavy Electrical Equipment 20 95 13 35
5. Signify (XL, NL)  Electr. Components & Equipment
5. Signify (XL, NL)   Electr. Components & Equipment 96 13 20 35
6. Nordex (XL, DE)  Heavy Electrical Equipment
6. Nordex (XL, DE)   Heavy Electrical Equipment 37 78 18 31
7. Sensata Technologies (XL, GB)  Electr. Components & Equipment
7. Sensata Technologies (XL, GB)   Electr. Components & Equipment 82 9 37 19
8. Legrand (XL, FR)  Electr. Components & Equipment
8. Legrand (XL, FR)   Electr. Components & Equipment 33 51 31 18
9. Siemens Gamesa Renewable Energy (XL, ES)  Heavy Electrical Equipment
9. Siemens Gamesa Renewable Energy (XL, ES)   Heavy Electrical Equipment 39 18 4 13
10. Nexans (XL, FR)  Electr. Components & Equipment
10. Nexans (XL, FR)   Electr. Components & Equipment 71 17 27 11

April 25, 2024

Why popular stocks have low ratings

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. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
1. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 88 78 85 100
2. Wallenius Wilhelmsen (XL, NO)  Marine
2. Wallenius Wilhelmsen (XL, NO)   Marine 90 54 73 94
3. Elkem ASA (XL, NO)  Specialty Chemicals
3. Elkem ASA (XL, NO)   Specialty Chemicals 90 58 53 87
4. Mowi (XL, NO)  Packaged Foods & Meats
4. Mowi (XL, NO)   Packaged Foods & Meats 50 80 63 86
5. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
5. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 35 69 73 83
6. Equinor (XXL, NO)  Oil & Gas Integrated
6. Equinor (XXL, NO)   Oil & Gas Integrated 55 46 80 82
7. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
7. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 9 14 98 78
8. Atea (XL, NO)  IT Consulting & oth. Services
8. Atea (XL, NO)   IT Consulting & oth. Services 96 57 29 77
9. Aker Solutions (XL, NO)  Oil & Gas Equipment
9. Aker Solutions (XL, NO)   Oil & Gas Equipment 86 8 83 70
10. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
10. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 100 34 28 62

April 25, 2024


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. 2G energy (M, DE)  Heavy Electrical Equipment
1. 2G energy (M, DE)   Heavy Electrical Equipment 55 75 95 100
2. SGL Carbon (L, DE)  Electr. Components & Equipment
2. SGL Carbon (L, DE)   Electr. Components & Equipment 94 39 75 96
3. Mersen (L, FR)  Electr. Components & Equipment
3. Mersen (L, FR)   Electr. Components & Equipment 100 27 76 94
4. Zumtobel (L, AT)  Electr. Components & Equipment
4. Zumtobel (L, AT)   Electr. Components & Equipment 100 3 86 88
5. Somfy (L, FR)  Electr. Components & Equipment
5. Somfy (L, FR)   Electr. Components & Equipment 47 57 83 74
6. Huber+Suhner (L, CH)  Electr. Components & Equipment
6. Huber+Suhner (L, CH)   Electr. Components & Equipment 44 33 100 68
7. Fagerhult (M, SE)  Electr. Components & Equipment
7. Fagerhult (M, SE)   Electr. Components & Equipment 49 71 51 61
8. discoverIE (M, GB)  Electr. Components & Equipment
8. discoverIE (M, GB)   Electr. Components & Equipment 51 31 57 44
9. Cenergy (L, BE)  Electr. Components & Equipment
9. Cenergy (L, BE)   Electr. Components & Equipment 59 67 6 29
10. NKT (L, DK)  Electr. Components & Equipment
10. NKT (L, DK)   Electr. Components & Equipment 30 34 68 26

April 25, 2024


Mid sized companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. DNO (L, NO)  Oil & Gas Production
1. DNO (L, NO)   Oil & Gas Production 85 99 83 100
2. Lerøy Seafood Group (L, NO)  Packaged Foods & Meats
2. Lerøy Seafood Group (L, NO)   Packaged Foods & Meats 77 61 78 96
3. Wilh. Wilhelmsen (L, NO)  Marine
3. Wilh. Wilhelmsen (L, NO)   Marine 84 52 69 92
4. Fjordkraft Holding (L, NO)  Electric Utilities
4. Fjordkraft Holding (L, NO)   Electric Utilities 64 67 86 90
5. MPC Container Ships (M, NO)  Marine
5. MPC Container Ships (M, NO)   Marine 94 1 94 83
6. Crayon Group Holding (M, NO)  Systems Software
6. Crayon Group Holding (M, NO)   Systems Software 79 93 16 78
7. Olav Thon Eiendomsselskap (M, NO)  Real Estate: Operating Services
7. Olav Thon Eiendomsselskap (M, NO)   Real Estate: Operating Services 86 14 63 70
8. Norwegian Air Shuttle (M, NO)  Airlines
8. Norwegian Air Shuttle (M, NO)   Airlines 41 88 50 70
9. Borregaard (M, NO)  Specialty Chemicals
9. Borregaard (M, NO)   Specialty Chemicals 18 96 51 64
10. TGS-NOPEC (M, NO)  Oil & Gas Equipment
10. TGS-NOPEC (M, NO)   Oil & Gas Equipment 35 77 52 59

April 25, 2024



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.