Nel ASA

Nel ASAverified

NEL.OL

Price:

$4.427

Market Cap:

$7.40B

Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It...[Read more]

Industry

Industrial - Machinery

IPO Date

2004-10-11

Stock Exchange

OSL

Ticker

NEL.OL

The ROE as of November 2024 (TTM) for Nel ASA (NEL.OL) is -7.47%

According to Nel ASA’s latest financial reports and current stock price. The company's current ROE is -7.47%. This represents a change of 278.47% compared to the average of -1.97% of the last 4 quarters.

Nel ASA (NEL.OL) Historical ROE (quarterly & annually)

How has NEL.OL ROE performed in the past?

The mean historical ROE of Nel ASA over the last ten years is -9.02%. The current -7.47% ROE has changed -17.23% with respect to the historical average. Over the past ten years (40 quarters), NEL.OL's ROE was at its highest in in the December 2020 quarter at 23.69%. The ROE was at its lowest in in the September 2020 quarter at -14.84%.

Quarterly (TTM)
Annual

Average

-9.02%

Median

-10.14%

Minimum

-33.08%

Maximum

23.08%

Nel ASA (NEL.OL) ROE by Quarter and Year

Discovering the peaks and valleys of Nel ASA ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 221.36%

Maximum Annual ROE = 23.08%

Minimum Annual Increase = -258.00%

Minimum Annual ROE = -33.08%

Quarterly (TTM)
Annual
YearROEChange
2023-13.80%-35.79%
2022-21.49%-35.04%
2021-33.08%-243.36%
202023.08%-258.00%
2019-14.61%22.13%
2018-11.96%221.36%
2017-3.72%-55.26%
2016-8.32%179.80%
2015-2.97%-10.55%
2014-3.32%-99.21%

Nel ASA (NEL.OL) Average ROE

How has NEL.OL ROE performed in the past?

The current ROE of Nel ASA (NEL.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-22.79%

5-year avg

-11.98%

10-year avg

-9.02%

Nel ASA (NEL.OL) ROE vs. Peers

How is NEL.OL’s ROE compared to its peers?

Nel ASA’s ROE is greater than PowerCell Sweden AB (publ) (-27.54%), greater than ITM Power Plc (-9.97%), greater than McPhy Energy S.A. (-47.49%), greater than Ørsted A/S (-30.42%), greater than Hexagon Composites ASA (-33.14%),

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