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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 96 20 75 83
2. ABB (XXL, CH)  Electr. Components & Equipment
2. ABB (XXL, CH)   Electr. Components & Equipment 24 63 77 70
3. Sensata Technologies (XL, GB)  Electr. Components & Equipment
3. Sensata Technologies (XL, GB)   Electr. Components & Equipment 81 24 39 40
4. Nordex (XL, DE)  Heavy Electrical Equipment
4. Nordex (XL, DE)   Heavy Electrical Equipment 38 82 10 37
5. Legrand (XL, FR)  Electr. Components & Equipment
5. Legrand (XL, FR)   Electr. Components & Equipment 31 74 32 33
6. Schneider Electric (XXL, FR)  Electr. Components & Equipment
6. Schneider Electric (XXL, FR)   Electr. Components & Equipment 22 58 47 30
7. nVent Electric (XL, GB)  Electr. Components & Equipment
7. nVent Electric (XL, GB)   Electr. Components & Equipment 23 32 48 16
8. Vestas Wind (XXL, DK)  Heavy Electrical Equipment
8. Vestas Wind (XXL, DK)   Heavy Electrical Equipment 51 40 16 12
9. Siemens Energy (XXL, DE)  Heavy Electrical Equipment
9. Siemens Energy (XXL, DE)   Heavy Electrical Equipment 22 86 6 11
10. Prysmian (XXL, IT)  Electr. Components & Equipment
10. Prysmian (XXL, IT)   Electr. Components & Equipment 43 48 10 8

May 15, 2025

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Large companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
1. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 91 40 72 90
2. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
2. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 77 85 42 88
3. Orkla (XL, NO)  Packaged Foods & Meats
3. Orkla (XL, NO)   Packaged Foods & Meats 49 78 70 86
4. Elkem ASA (XL, NO)  Specialty Chemicals
4. Elkem ASA (XL, NO)   Specialty Chemicals 75 61 66 84
5. Wallenius Wilhelmsen (XL, NO)  Marine
5. Wallenius Wilhelmsen (XL, NO)   Marine 93 45 50 82
6. Aker Solutions (XL, NO)  Oil & Gas Equipment
6. Aker Solutions (XL, NO)   Oil & Gas Equipment 93 29 67 80
7. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
7. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 5 87 98 78
8. Norsk Hydro (XXL, NO)  Aluminum
8. Norsk Hydro (XXL, NO)   Aluminum 85 53 61 76
9. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
9. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 15 97 64 70
10. Mowi (XL, NO)  Packaged Foods & Meats
10. Mowi (XL, NO)   Packaged Foods & Meats 51 86 43 63

May 15, 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 76 72 85 98
2. Zumtobel (L, AT)  Electr. Components & Equipment
2. Zumtobel (L, AT)   Electr. Components & Equipment 100 30 88 98
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 98 16 84 94
5. 2G energy (M, DE)  Heavy Electrical Equipment
5. 2G energy (M, DE)   Heavy Electrical Equipment 34 80 98 89
6. Fagerhult (L, SE)  Electr. Components & Equipment
6. Fagerhult (L, SE)   Electr. Components & Equipment 88 44 69 87
7. Alfen (M, NL)  Heavy Electrical Equipment
7. Alfen (M, NL)   Heavy Electrical Equipment 37 67 64 74
8. Huber+Suhner (L, CH)  Electr. Components & Equipment
8. Huber+Suhner (L, CH)   Electr. Components & Equipment 35 54 98 67
9. Mersen (L, FR)  Electr. Components & Equipment
9. Mersen (L, FR)   Electr. Components & Equipment 100 3 64 64
10. TKH (L, NL)  Electr. Components & Equipment
10. TKH (L, NL)   Electr. Components & Equipment 69 66 22 56

May 15, 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 65 99 92 100
2. Wilh. Wilhelmsen (L, NO)  Marine
2. Wilh. Wilhelmsen (L, NO)   Marine 77 73 70 98
3. DNO (M, NO)  Oil & Gas Production
3. DNO (M, NO)   Oil & Gas Production 66 92 58 94
4. MPC Container Ships (M, NO)  Marine
4. MPC Container Ships (M, NO)   Marine 77 17 86 78
5. TGS-NOPEC (M, NO)  Oil & Gas Equipment
5. TGS-NOPEC (M, NO)   Oil & Gas Equipment 70 88 27 71
6. Olav Thon Eiendomsselskap (M, NO)  Real Estate: Operating Services
6. Olav Thon Eiendomsselskap (M, NO)   Real Estate: Operating Services 56 59 53 63
7. Fjordkraft Holding (L, NO)  Electric Utilities
7. Fjordkraft Holding (L, NO)   Electric Utilities 86 11 61 62
8. SpareBank 1 SR-Bank (M, NO)  Regional Banks
8. SpareBank 1 SR-Bank (M, NO)   Regional Banks 19 87 59 61
9. Aker (L, NO)  Industrial Conglomerates
9. Aker (L, NO)   Industrial Conglomerates 90 22 36 54
10. Kongsberg Automotive (L, NO)  Auto Parts & Equipment
10. Kongsberg Automotive (L, NO)   Auto Parts & Equipment 19 91 60 54

May 15, 2025



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