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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 94 12 72 76
2. Schneider Electric (XXL, FR)  Electr. Components & Equipment
2. Schneider Electric (XXL, FR)   Electr. Components & Equipment 28 81 39 56
3. Legrand (XL, FR)  Electr. Components & Equipment
3. Legrand (XL, FR)   Electr. Components & Equipment 37 75 31 50
4. Nordex (XL, DE)  Heavy Electrical Equipment
4. Nordex (XL, DE)   Heavy Electrical Equipment 47 83 12 43
5. nVent Electric (XL, GB)  Electr. Components & Equipment
5. nVent Electric (XL, GB)   Electr. Components & Equipment 41 45 37 36
6. Sensata Technologies (XL, GB)  Electr. Components & Equipment
6. Sensata Technologies (XL, GB)   Electr. Components & Equipment 79 16 42 35
7. ABB (XXL, CH)  Electr. Components & Equipment
7. ABB (XXL, CH)   Electr. Components & Equipment 10 39 79 34
8. Nexans (XL, FR)  Electr. Components & Equipment
8. Nexans (XL, FR)   Electr. Components & Equipment 75 20 30 33
9. Siemens Energy (XXL, DE)  Heavy Electrical Equipment
9. Siemens Energy (XXL, DE)   Heavy Electrical Equipment 25 80 10 16
10. Prysmian (XXL, IT)  Electr. Components & Equipment
10. Prysmian (XXL, IT)   Electr. Components & Equipment 41 51 8 9

April 3, 2025

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Large companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Elkem ASA (XL, NO)  Specialty Chemicals
1. Elkem ASA (XL, NO)   Specialty Chemicals 93 89 67 98
2. Wallenius Wilhelmsen (XL, NO)  Marine
2. Wallenius Wilhelmsen (XL, NO)   Marine 92 72 57 98
3. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
3. Austevoll Seafood (XL, NO)   Packaged Foods & Meats 85 55 77 94
4. Norsk Hydro (XXL, NO)  Aluminum
4. Norsk Hydro (XXL, NO)   Aluminum 85 69 60 91
5. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
5. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals 91 59 43 85
6. Aker Solutions (XL, NO)  Oil & Gas Equipment
6. Aker Solutions (XL, NO)   Oil & Gas Equipment 90 24 74 83
7. Kongsberg Gruppen (XL, NO)  Aerospace & Defense
7. Kongsberg Gruppen (XL, NO)   Aerospace & Defense 15 95 65 79
8. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
8. Gjensidige Forsikring (XL, NO)   Multi-line Insurance 5 95 98 78
9. Mowi (XL, NO)  Packaged Foods & Meats
9. Mowi (XL, NO)   Packaged Foods & Meats 49 81 50 69
10. Atea (XL, NO)  IT Consulting & oth. Services
10. Atea (XL, NO)   IT Consulting & oth. Services 89 49 23 63

April 3, 2025


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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 51 83 100 100
2. Gerard Perrier (M, FR)  Electr. Components & Equipment
2. Gerard Perrier (M, FR)   Electr. Components & Equipment 23 78 85 98
3. SGL Carbon (L, DE)  Electr. Components & Equipment
3. SGL Carbon (L, DE)   Electr. Components & Equipment 98 17 82 95
4. Zumtobel (L, AT)  Electr. Components & Equipment
4. Zumtobel (L, AT)   Electr. Components & Equipment 98 8 84 92
5. Mersen (L, FR)  Electr. Components & Equipment
5. Mersen (L, FR)   Electr. Components & Equipment 98 1 85 91
6. Phoenix Mecano (L, CH)  Electr. Components & Equipment
6. Phoenix Mecano (L, CH)   Electr. Components & Equipment n/a n/a n/a n/a
7. Fagerhult (L, SE)  Electr. Components & Equipment
7. Fagerhult (L, SE)   Electr. Components & Equipment 90 42 50 81
8. Alfen (M, NL)  Heavy Electrical Equipment
8. Alfen (M, NL)   Heavy Electrical Equipment 44 64 65 78
9. Huber+Suhner (L, CH)  Electr. Components & Equipment
9. Huber+Suhner (L, CH)   Electr. Components & Equipment 33 57 96 72
10. TKH (L, NL)  Electr. Components & Equipment
10. TKH (L, NL)   Electr. Components & Equipment 67 82 16 62

April 3, 2025


Mid sized companies - similar region as Nel ASA

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. DNO (M, NO)  Oil & Gas Production
1. DNO (M, NO)   Oil & Gas Production 60 90 77 100
2. Wilh. Wilhelmsen (L, NO)  Marine
2. Wilh. Wilhelmsen (L, NO)   Marine 84 68 60 96
3. MPC Container Ships (M, NO)  Marine
3. MPC Container Ships (M, NO)   Marine 82 30 90 94
4. Kongsberg Automotive (L, NO)  Auto Parts & Equipment
4. Kongsberg Automotive (L, NO)   Auto Parts & Equipment 20 96 82 91
5. Opera (M, NO)  Application Software
5. Opera (M, NO)   Application Software 71 97 92 89
6. SpareBank 1 SR-Bank (M, NO)  Regional Banks
6. SpareBank 1 SR-Bank (M, NO)   Regional Banks 20 82 72 61
7. Olav Thon Eiendomsselskap (M, NO)  Real Estate: Operating Services
7. Olav Thon Eiendomsselskap (M, NO)   Real Estate: Operating Services 42 58 60 60
8. Aker (L, NO)  Industrial Conglomerates
8. Aker (L, NO)   Industrial Conglomerates 89 16 54 57
9. Grieg Seafood (M, NO)  Packaged Foods & Meats
9. Grieg Seafood (M, NO)   Packaged Foods & Meats 45 95 10 55
10. Hexagon Composites (M, NO)  Industrial Machinery
10. Hexagon Composites (M, NO)   Industrial Machinery 27 99 30 55

April 3, 2025



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