More stocks to consider
Alternative stocks to Norsk Hydro (OB:NHY)


These are the alternatives to Norsk Hydro that fall within the same industry, Aluminum, 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 Norsk Hydro Performance

Norsk Hydro stock research in summary

hydro.com


Norsk Hydro shares are less expensive than other comparable stocks. They are good value and are safely financed, but show below average growth. We recommend evaluating whether the future of the company Norsk Hydro is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


Latest Obermatt Ranks


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

Country Norway
Industry Aluminum
Index
Size class XX-Large

Large companies - similar industry as Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. thyssenkrupp (XXL, DE)  Steel
1. thyssenkrupp (XXL, DE)   Steel 71 85 96 100
2. Salzgitter (XL, DE)  Steel
2. Salzgitter (XL, DE)   Steel 95 61 92 96
3. Ternium (XXL, LU)  Steel
3. Ternium (XXL, LU)   Steel 99 57 82 92
4. Outokumpu (XL, FI)  Steel
4. Outokumpu (XL, FI)   Steel 77 95 59 90
5. SSAB (XL, SE)  Steel
5. SSAB (XL, SE)   Steel 87 41 100 88
6. Aurubis (XXL, DE)  Copper
6. Aurubis (XXL, DE)   Copper 73 39 98 86
7. Bekaert (XL, BE)  Steel
7. Bekaert (XL, BE)   Steel 95 39 74 82
8. Acerinox (XL, ES)  Steel
8. Acerinox (XL, ES)   Steel 85 87 30 76
9. ArcelorMittal (XXL, LU)  Steel
9. ArcelorMittal (XXL, LU)   Steel 67 73 65 72
10. Aperam (XL, LU)  Steel
10. Aperam (XL, LU)   Steel 89 29 66 62

June 26, 2025

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 Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
1. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 59 95 70 98
2. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
2. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 91 49 66 90
3. Elkem ASA (XL, NO)  Specialty Chemicals
3. Elkem ASA (XL, NO)   Specialty Chemicals 57 87 62 90
4. Aker Solutions (XL, NO)  Oil & Gas Equipment
4. Aker Solutions (XL, NO)   Oil & Gas Equipment 95 29 67 82
5. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
5. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 67 87 36 80
6. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
6. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 5 83 98 78
7. Orkla (XL, NO)  Packaged Foods & Meats
7. Orkla (XL, NO)   Packaged Foods & Meats 35 63 76 68
8. Atea (XL, NO)  IT Consulting & oth. Services
8. Atea (XL, NO)   IT Consulting & oth. Services 87 69 10 62
9. Equinor (XXL, NO)  Oil & Gas Integrated
9. Equinor (XXL, NO)   Oil & Gas Integrated 41 41 67 57
10. Mowi (XL, NO)  Packaged Foods & Meats
10. Mowi (XL, NO)   Packaged Foods & Meats 49 67 46 56

June 26, 2025


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 Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Tharisa (M, CY)  Precious Metals & Minerals
1. Tharisa (M, CY)   Precious Metals & Minerals 87 95 90 100
2. Kenmare (M, IE)  Diversified Metals & Mining
2. Kenmare (M, IE)   Diversified Metals & Mining 81 37 100 87
3. Ferrexpo (M, CH)  Steel
3. Ferrexpo (M, CH)   Steel 17 89 90 74
4. Gränges (L, SE)  Aluminum
4. Gränges (L, SE)   Aluminum 87 43 58 72
5. Pan African (M, GB)  Gold Production
5. Pan African (M, GB)   Gold Production 33 97 32 48
6. Ferroglobe (L, GB)  Diversified Metals & Mining
6. Ferroglobe (L, GB)   Diversified Metals & Mining 31 27 80 39
7. AMG Advanced Metallurgical (L, NL)  Diversified Metals & Mining
7. AMG Advanced Metallurgical (L, NL)   Diversified Metals & Mining 27 77 19 29
8. Endeavour Mining (L, GB)  Gold Production
8. Endeavour Mining (L, GB)   Gold Production 13 71 40 28
9. Hill & Smith (L, GB)  Steel
9. Hill & Smith (L, GB)   Steel 15 31 68 22
10. Petra Diamonds (M, GB)  Precious Metals & Minerals
10. Petra Diamonds (M, GB)   Precious Metals & Minerals 33 77 4 18

June 26, 2025


Mid sized companies - similar region as Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Opera (M, NO)  Application Software
1. Opera (M, NO)   Application Software 63 93 94 100
2. Fjordkraft Holding (L, NO)  Electric Utilities
2. Fjordkraft Holding (L, NO)   Electric Utilities 88 72 64 100
3. Wilh. Wilhelmsen (L, NO)  Marine
3. Wilh. Wilhelmsen (L, NO)   Marine 68 70 68 92
4. DNO (M, NO)  Oil & Gas Production
4. DNO (M, NO)   Oil & Gas Production 62 90 58 92
5. Aker (L, NO)  Industrial Conglomerates
5. Aker (L, NO)   Industrial Conglomerates 89 47 45 81
6. MPC Container Ships (M, NO)  Marine
6. MPC Container Ships (M, NO)   Marine 78 8 98 78
7. TGS-NOPEC (M, NO)  Oil & Gas Equipment
7. TGS-NOPEC (M, NO)   Oil & Gas Equipment 72 80 25 69
8. Kongsberg Automotive (L, NO)  Auto Parts & Equipment
8. Kongsberg Automotive (L, NO)   Auto Parts & Equipment 17 95 62 62
9. Hexagon Composites (M, NO)  Industrial Machinery
9. Hexagon Composites (M, NO)   Industrial Machinery 33 95 39 59
10. SpareBank 1 SR-Bank (M, NO)  Regional Banks
10. SpareBank 1 SR-Bank (M, NO)   Regional Banks 15 87 57 53

June 26, 2025



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