More stocks to consider
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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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
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".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
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See Nel ASA Performance
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
Why popular stocks have low ratings
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. 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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