NEL ASA

ISIN NO0010081235

WKN A0B733

Market cap (in EUR)

374 m

Country

Norway

Sector

Industrials

Dividend yield

0.00%

Overview

Quote

Description

NEL ASA operates as a hydrogen company, which engages in the provision of solutions to produce, store and distribute hydrogen from renewable energy. Its hydrogen solutions cover the value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations. It operates through the following segments: Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment is involved in manufacturing of hydrogen fueling stations providing fuel cell electric vehicles with the same fast fueling and long range as conventional fossil fuel vehicles. The Nel Hydrogen Electrolyser segment manages a supplier of hydrogen production equipment and plants based on alkaline and water electrolyser technology. The company was founded by Erik Anders Lönneborg and Praveen Sharma in 1927 and is headquartered in Oslo, Norway.

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Industrials Industrial Manufacturing Machinery Manufacturing Norway

Chart

Financials

Key metrics

Market capitalisation, EUR	374 m
EPS, EUR	-0.02
P/B ratio	0.9
P/E ratio	-
Dividend yield	0.00%

Income statement (2024)

Revenue, EUR	120 m
Net income, EUR	-22 m
Profit margin	-18.46%

What ETF is NEL ASA in?

There are 3 ETFs which contain NEL ASA. All of these ETFs are listed in the table below. The ETF with the largest weighting of NEL ASA is the L&G Hydrogen Economy UCITS ETF USD Acc.

ETF	Weight	Investment focus	Fund size (in m EUR)
L&G Hydrogen Economy UCITS ETF USD Acc	0.64%	Equity World Social/Environmental Hydrogen	365
Vanguard ESG Developed Europe All Cap UCITS ETF (EUR) Distributing	0.00%	Equity Europe Social/Environmental	30
Vanguard ESG Global All Cap UCITS ETF (USD) Distributing	0.00%	Equity World Social/Environmental	483

Performance

Returns overview

YTD	-13.04%
1 month	+5.26%
3 months	+5.26%
6 months	-4.76%
1 year	-25.93%
3 years	-86.30%
5 years	-90.91%
Since inception (MAX)	-67.74%
2024	-62.90%
2023	-52.67%
2022	-13.25%
2021	-43.66%

Monthly returns in a heat map

Risk

Risk metrics in this section:

Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.

ETF returns include dividend payments (if applicable).