Nel (NEL.OL) Stock Analysis & AI Equity Report

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Nel (NEL.OL) overview

Nel (NEL.OL) stock analysis and AI equity research. For the latest completed financial year, 2024, Nel reported revenue of NOK 1,390m and operating profit of NOK -389m; the year-end share price was 2.70 NOK and market capitalisation was NOK 4,513m. Nel is covered by Valuatum but does not yet have a published AI equity report. Generate a fresh report to get Nel's valuation, segment value analysis, reverse valuation, financial forecasts, key ratios, risks and catalysts.

Key metrics & valuation multiples

Book valueNOK 4,977mFY 2024
Share price2.70 NOKFY 2024 year end
RevenueNOK 1,390mFY 2024
Operating profitNOK -389mFY 2024
Net earningsNOK -244mFY 2024
Market capitalisationNOK 4,513mFY 2024 year end

Figures updated on 2025-12-12. Data will be refreshed during report generation.

About Nel

Nel ASA develops and supplies electrolyser technology and related hydrogen systems for producing renewable hydrogen. Its core products are alkaline and PEM electrolysers for industrial and power-to-x applications, supported by service and global project delivery. Following the 2024 spin-off of its fueling division, the company is now focused on electrolyser equipment.

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Sources & methodology

Financial figures are sourced from Valuatum's financial model for Nel and represent the latest completed financial year (2024). See the methodology for the full Valuatum AI equity research framework.

Disclaimer: This is an AI-generated research material for informational purposes only. It is not investment advice or a buy/sell recommendation. Always perform your own analysis. Valuatum Oy, Helsinki, Finland.