Ratings Nel ASA

Equities

NEL

NO0010081235

Real-time Oslo Bors Other stock markets 08:15:53 2024-06-11 am EDT			5-day change	1st Jan Change
6.672 ^NOK	-6.48%		-12.99%	-3.19%

12:00pm	Transcript : Nel ASA - Special Call
Jun. 05	NEL ASA : RBC reiterates its Buy rating	ZD

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
Low profitability weakens the company.
With an enterprise value anticipated at 4.43 times the sales for the current fiscal year, the company turns out to be overvalued.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
Over the past four months, analysts' average price target has been revised downwards significantly.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Renewable Energy Equipment & Services

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEL ASA	-3.19%	1.12B		C
SUNGROW POWER SUPPLY CO., LTD.	+11.45%	19.78B		B
SIEMENS ENERGY AG	+95.08%	19.74B		B-
TRINA SOLAR CO., LTD.	-28.71%	6.08B		B
MING YANG SMART ENERGY GROUP LIMITED	-18.42%	3.04B		C+
GOODWE TECHNOLOGIES CO., LTD.	-25.26%	2.33B		B
ARRAY TECHNOLOGIES, INC.	-16.73%	2.12B		D+
AZAD ENGINEERING LIMITED	+133.50%	1.14B	-	-
SHENZHEN HOPEWIND ELECTRIC CO., LTD.	-29.92%	1.07B		-
SMART GÜNES ENERJISI TEKNOLOJILERI ARASTIRMA VE GELISTIRME ÜRETIM SANAYI VE TICARET	-10.26%	927M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes