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Alternative stocks to Nel ASA (OB:NEL)


These are the alternatives to Nel ASA that fall within the same industry, Heavy Electrical Equipment, or region, Norway.

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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".

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Nel ASA stock research in summary

nelhydrogen.com


Nel ASA shares have a market-typical stock price level. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Nel ASA is typical for this industry which the market average price level of the shares suggests. If you believe that the future of the company is above average, that could be an argument for buying the shares and vice versa.


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Country Norway
Industry Heavy Electrical Equipment
Index
Size class Small

Large companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Signify (XL, NL)  Electr. Components & Equipment
1. Signify (XL, NL)   Electr. Components & Equipment 98 14 73 78
2. ABB (XXL, CH)  Electr. Components & Equipment
2. ABB (XXL, CH)   Electr. Components & Equipment 24 57 75 66
3. Sensata Technologies (XL, GB)  Electr. Components & Equipment
3. Sensata Technologies (XL, GB)   Electr. Components & Equipment 83 28 39 60
4. Schneider Electric (XXL, FR)  Electr. Components & Equipment
4. Schneider Electric (XXL, FR)   Electr. Components & Equipment 22 72 45 46
5. Nordex (XL, DE)  Heavy Electrical Equipment
5. Nordex (XL, DE)   Heavy Electrical Equipment 36 84 10 34
6. Legrand (XL, FR)  Electr. Components & Equipment
6. Legrand (XL, FR)   Electr. Components & Equipment 35 66 32 29
7. Siemens Energy (XXL, DE)  Heavy Electrical Equipment
7. Siemens Energy (XXL, DE)   Heavy Electrical Equipment 22 88 4 17
8. nVent Electric (XL, GB)  Electr. Components & Equipment
8. nVent Electric (XL, GB)   Electr. Components & Equipment 23 40 41 12
9. Prysmian (XXL, IT)  Electr. Components & Equipment
9. Prysmian (XXL, IT)   Electr. Components & Equipment 35 62 8 8
10. Vestas Wind (XXL, DK)  Heavy Electrical Equipment
10. Vestas Wind (XXL, DK)   Heavy Electrical Equipment 49 32 12 6

June 5, 2025

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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 Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Aker Solutions (XL, NO)  Oil & Gas Equipment
1. Aker Solutions (XL, NO)   Oil & Gas Equipment 95 35 67 94
2. Wallenius Wilhelmsen (XL, NO)  Marine
2. Wallenius Wilhelmsen (XL, NO)   Marine 93 45 51 85
3. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
3. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 93 36 65 84
4. Atea (XL, NO)  IT Consulting & oth. Services
4. Atea (XL, NO)   IT Consulting & oth. Services 91 67 21 81
5. Elkem ASA (XL, NO)  Specialty Chemicals
5. Elkem ASA (XL, NO)   Specialty Chemicals 75 51 62 80
6. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
6. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 67 85 34 80
7. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
7. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 5 93 98 78
8. Orkla (XL, NO)  Packaged Foods & Meats
8. Orkla (XL, NO)   Packaged Foods & Meats 49 66 70 76
9. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
9. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 17 97 65 75
10. Norsk Hydro (XXL, NO)  Aluminum
10. Norsk Hydro (XXL, NO)   Aluminum 91 35 61 72

June 5, 2025


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Mid sized companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Gerard Perrier (M, FR)  Electr. Components & Equipment
1. Gerard Perrier (M, FR)   Electr. Components & Equipment 82 76 92 100
2. Phoenix Mecano (L, CH)  Electr. Components & Equipment
2. Phoenix Mecano (L, CH)   Electr. Components & Equipment n/a n/a n/a n/a
3. Zumtobel (L, AT)  Electr. Components & Equipment
3. Zumtobel (L, AT)   Electr. Components & Equipment 100 18 84 94
4. SGL Carbon (L, DE)  Electr. Components & Equipment
4. SGL Carbon (L, DE)   Electr. Components & Equipment 98 8 84 89
5. 2G energy (M, DE)  Heavy Electrical Equipment
5. 2G energy (M, DE)   Heavy Electrical Equipment 32 70 98 85
6. Fagerhult (L, SE)  Electr. Components & Equipment
6. Fagerhult (L, SE)   Electr. Components & Equipment 88 44 65 83
7. Huber+Suhner (L, CH)  Electr. Components & Equipment
7. Huber+Suhner (L, CH)   Electr. Components & Equipment 27 70 96 72
8. Mersen (L, FR)  Electr. Components & Equipment
8. Mersen (L, FR)   Electr. Components & Equipment 100 1 61 67
9. Alfen (M, NL)  Heavy Electrical Equipment
9. Alfen (M, NL)   Heavy Electrical Equipment 72 21 63 67
10. TKH (L, NL)  Electr. Components & Equipment
10. TKH (L, NL)   Electr. Components & Equipment 63 54 18 41

June 5, 2025


Mid sized companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Opera (M, NO)  Application Software
1. Opera (M, NO)   Application Software 63 97 94 100
2. Wilh. Wilhelmsen (L, NO)  Marine
2. Wilh. Wilhelmsen (L, NO)   Marine 77 69 67 99
3. DNO (M, NO)  Oil & Gas Production
3. DNO (M, NO)   Oil & Gas Production 64 92 60 94
4. MPC Container Ships (M, NO)  Marine
4. MPC Container Ships (M, NO)   Marine 75 9 99 81
5. TGS-NOPEC (M, NO)  Oil & Gas Equipment
5. TGS-NOPEC (M, NO)   Oil & Gas Equipment 70 84 27 73
6. Fjordkraft Holding (L, NO)  Electric Utilities
6. Fjordkraft Holding (L, NO)   Electric Utilities 90 23 65 70
7. Aker (L, NO)  Industrial Conglomerates
7. Aker (L, NO)   Industrial Conglomerates 90 40 36 66
8. Hexagon Composites (M, NO)  Industrial Machinery
8. Hexagon Composites (M, NO)   Industrial Machinery 31 97 37 61
9. Kongsberg Automotive (L, NO)  Auto Parts & Equipment
9. Kongsberg Automotive (L, NO)   Auto Parts & Equipment 18 94 63 59
10. SpareBank 1 SR-Bank (M, NO)  Regional Banks
10. SpareBank 1 SR-Bank (M, NO)   Regional Banks 19 71 59 53

June 5, 2025



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