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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 are more expensive than other comparable stocks. They show above average growth and are safely financed, but are poor value. We recommend evaluating whether the future of the company Nel ASA is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Norway
Industry Heavy Electrical Equipment
Index
Size class X-Small

Large companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ABB (XXL, CH)  Electr. Components & Equipment
1. ABB (XXL, CH)   Electr. Components & Equipment 28 69 67 70
2. Schneider Electric (XXL, FR)  Electr. Components & Equipment
2. Schneider Electric (XXL, FR)   Electr. Components & Equipment 21 89 39 54
3. Prysmian (XXL, IT)  Electr. Components & Equipment
3. Prysmian (XXL, IT)   Electr. Components & Equipment 37 97 18 48
4. Nordex (XL, DE)  Heavy Electrical Equipment
4. Nordex (XL, DE)   Heavy Electrical Equipment 37 85 20 43
5. Sensata Technologies (XL, GB)  Electr. Components & Equipment
5. Sensata Technologies (XL, GB)   Electr. Components & Equipment 80 35 32 38
6. Nexans (XL, FR)  Electr. Components & Equipment
6. Nexans (XL, FR)   Electr. Components & Equipment 67 27 37 26
7. Legrand (XL, FR)  Electr. Components & Equipment
7. Legrand (XL, FR)   Electr. Components & Equipment 33 49 42 25
8. Vestas Wind (XXL, DK)  Heavy Electrical Equipment
8. Vestas Wind (XXL, DK)   Heavy Electrical Equipment 20 87 12 23
9. Signify (XL, NL)  Electr. Components & Equipment
9. Signify (XL, NL)   Electr. Components & Equipment 94 5 23 19
10. Siemens Gamesa Renewable Energy (XL, ES)  Heavy Electrical Equipment
10. Siemens Gamesa Renewable Energy (XL, ES)   Heavy Electrical Equipment 39 21 4 13

May 16, 2024

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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. Wallenius Wilhelmsen (XL, NO)  Marine
1. Wallenius Wilhelmsen (XL, NO)   Marine 88 82 73 100
2. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
2. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 86 85 76 100
3. Aker Solutions (XL, NO)  Oil & Gas Equipment
3. Aker Solutions (XL, NO)   Oil & Gas Equipment 92 18 83 90
4. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
4. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 39 83 68 90
5. Mowi (XL, NO)  Packaged Foods & Meats
5. Mowi (XL, NO)   Packaged Foods & Meats 54 75 57 81
6. Elkem ASA (XL, NO)  Specialty Chemicals
6. Elkem ASA (XL, NO)   Specialty Chemicals 84 59 51 79
7. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
7. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 11 12 98 78
8. Equinor (XXL, NO)  Oil & Gas Integrated
8. Equinor (XXL, NO)   Oil & Gas Integrated 59 42 77 75
9. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
9. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 100 41 32 73
10. Orkla (XL, NO)  Packaged Foods & Meats
10. Orkla (XL, NO)   Packaged Foods & Meats 67 43 57 68

May 16, 2024


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Mid sized companies - similar industry as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. 2G energy (M, DE)  Heavy Electrical Equipment
1. 2G energy (M, DE)   Heavy Electrical Equipment 47 65 98 100
2. Mersen (L, FR)  Electr. Components & Equipment
2. Mersen (L, FR)   Electr. Components & Equipment 98 37 76 94
3. Phoenix Mecano (L, CH)  Electr. Components & Equipment
3. Phoenix Mecano (L, CH)   Electr. Components & Equipment n/a n/a n/a n/a
4. SGL Carbon (L, DE)  Electr. Components & Equipment
4. SGL Carbon (L, DE)   Electr. Components & Equipment 96 11 75 85
5. Zumtobel (L, AT)  Electr. Components & Equipment
5. Zumtobel (L, AT)   Electr. Components & Equipment 100 3 86 83
6. Fagerhult (M, SE)  Electr. Components & Equipment
6. Fagerhult (M, SE)   Electr. Components & Equipment 57 67 67 80
7. Somfy (L, FR)  Electr. Components & Equipment
7. Somfy (L, FR)   Electr. Components & Equipment 47 57 83 74
8. Huber+Suhner (L, CH)  Electr. Components & Equipment
8. Huber+Suhner (L, CH)   Electr. Components & Equipment 42 31 100 72
9. discoverIE (M, GB)  Electr. Components & Equipment
9. discoverIE (M, GB)   Electr. Components & Equipment 53 27 59 49
10. Cenergy (L, BE)  Electr. Components & Equipment
10. Cenergy (L, BE)   Electr. Components & Equipment 57 75 6 37

May 16, 2024


Mid sized companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. DNO (L, NO)  Oil & Gas Production
1. DNO (L, NO)   Oil & Gas Production 75 99 79 98
2. Lerøy Seafood Group (L, NO)  Packaged Foods & Meats
2. Lerøy Seafood Group (L, NO)   Packaged Foods & Meats 77 73 67 94
3. Wilh. Wilhelmsen (L, NO)  Marine
3. Wilh. Wilhelmsen (L, NO)   Marine 92 50 65 94
4. MPC Container Ships (M, NO)  Marine
4. MPC Container Ships (M, NO)   Marine 88 8 97 86
5. Norwegian Air Shuttle (M, NO)  Airlines
5. Norwegian Air Shuttle (M, NO)   Airlines 46 94 49 84
6. TGS-NOPEC (M, NO)  Oil & Gas Equipment
6. TGS-NOPEC (M, NO)   Oil & Gas Equipment 49 87 50 82
7. Crayon Group Holding (M, NO)  Systems Software
7. Crayon Group Holding (M, NO)   Systems Software 70 99 18 75
8. Fjordkraft Holding (L, NO)  Electric Utilities
8. Fjordkraft Holding (L, NO)   Electric Utilities 60 39 86 75
9. Olav Thon Eiendomsselskap (M, NO)  Real Estate: Operating Services
9. Olav Thon Eiendomsselskap (M, NO)   Real Estate: Operating Services 92 20 59 65
10. Grieg Seafood (M, NO)  Packaged Foods & Meats
10. Grieg Seafood (M, NO)   Packaged Foods & Meats 52 69 41 63

May 16, 2024



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