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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".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

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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. Legrand (XL, FR)  Electr. Components & Equipment
1. Legrand (XL, FR)   Electr. Components & Equipment n/a n/a n/a n/a
2. nVent Electric (XL, GB)  Electr. Components & Equipment
2. nVent Electric (XL, GB)   Electr. Components & Equipment n/a n/a n/a n/a
3. Signify (XL, NL)  Electr. Components & Equipment
3. Signify (XL, NL)   Electr. Components & Equipment n/a n/a n/a n/a
4. ABB (XXL, CH)  Electr. Components & Equipment
4. ABB (XXL, CH)   Electr. Components & Equipment n/a n/a n/a n/a
5. Prysmian (XXL, IT)  Electr. Components & Equipment
5. Prysmian (XXL, IT)   Electr. Components & Equipment n/a n/a n/a n/a
6. Nexans (XL, FR)  Electr. Components & Equipment
6. Nexans (XL, FR)   Electr. Components & Equipment n/a n/a n/a n/a
7. Sensata Technologies (XL, GB)  Electr. Components & Equipment
7. Sensata Technologies (XL, GB)   Electr. Components & Equipment n/a n/a n/a n/a
8. Schneider Electric (XXL, FR)  Electr. Components & Equipment
8. Schneider Electric (XXL, FR)   Electr. Components & Equipment n/a n/a n/a n/a
9. Vestas Wind (XXL, DK)  Heavy Electrical Equipment
9. Vestas Wind (XXL, DK)   Heavy Electrical Equipment n/a n/a n/a n/a
10. Nordex (XL, DE)  Heavy Electrical Equipment
10. Nordex (XL, DE)   Heavy Electrical Equipment n/a n/a n/a n/a

January 23, 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. Wallenius Wilhelmsen (XL, NO)  Marine
1. Wallenius Wilhelmsen (XL, NO)   Marine n/a n/a n/a n/a
2. Austevoll Seafood (XL, NO)  Packaged Foods & Meats
2. Austevoll Seafood (XL, NO)   Packaged Foods & Meats n/a n/a n/a n/a
3. Elkem ASA (XL, NO)  Specialty Chemicals
3. Elkem ASA (XL, NO)   Specialty Chemicals n/a n/a n/a n/a
4. Orkla (XL, NO)  Packaged Foods & Meats
4. Orkla (XL, NO)   Packaged Foods & Meats n/a n/a n/a n/a
5. Yara International (XXL, NO)  Fertilizers & Agricultural Chemicals
5. Yara International (XXL, NO)   Fertilizers & Agricultural Chemicals n/a n/a n/a n/a
6. Gjensidige Forsikring (XL, NO)  Multi-line Insurance
6. Gjensidige Forsikring (XL, NO)   Multi-line Insurance n/a n/a n/a n/a
7. Aker BP (XXL, NO)  Oil & Gas Production
7. Aker BP (XXL, NO)   Oil & Gas Production n/a n/a n/a n/a
8. Equinor (XXL, NO)  Oil & Gas Integrated
8. Equinor (XXL, NO)   Oil & Gas Integrated n/a n/a n/a n/a
9. Lerøy Seafood Group (XL, NO)  Packaged Foods & Meats
9. Lerøy Seafood Group (XL, NO)   Packaged Foods & Meats n/a n/a n/a n/a
10. Norsk Hydro (XXL, NO)  Aluminum
10. Norsk Hydro (XXL, NO)   Aluminum n/a n/a n/a n/a

January 23, 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 n/a n/a n/a n/a
2. Zumtobel (L, AT)  Electr. Components & Equipment
2. Zumtobel (L, AT)   Electr. Components & Equipment n/a n/a n/a n/a
3. Fagerhult (L, SE)  Electr. Components & Equipment
3. Fagerhult (L, SE)   Electr. Components & Equipment n/a n/a n/a n/a
4. 2G energy (M, DE)  Heavy Electrical Equipment
4. 2G energy (M, DE)   Heavy Electrical Equipment n/a n/a n/a n/a
5. Phoenix Mecano (L, CH)  Electr. Components & Equipment
5. Phoenix Mecano (L, CH)   Electr. Components & Equipment n/a n/a n/a n/a
6. NKT (L, DK)  Electr. Components & Equipment
6. NKT (L, DK)   Electr. Components & Equipment n/a n/a n/a n/a
7. Mersen (L, FR)  Electr. Components & Equipment
7. Mersen (L, FR)   Electr. Components & Equipment n/a n/a n/a n/a
8. SGL Carbon (L, DE)  Electr. Components & Equipment
8. SGL Carbon (L, DE)   Electr. Components & Equipment n/a n/a n/a n/a
9. Huber+Suhner (L, CH)  Electr. Components & Equipment
9. Huber+Suhner (L, CH)   Electr. Components & Equipment n/a n/a n/a n/a
10. discoverIE (M, GB)  Electr. Components & Equipment
10. discoverIE (M, GB)   Electr. Components & Equipment n/a n/a n/a n/a

January 23, 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 n/a n/a n/a n/a
2. Wilh. Wilhelmsen (L, NO)  Marine
2. Wilh. Wilhelmsen (L, NO)   Marine n/a n/a n/a n/a
3. DNO (M, NO)  Oil & Gas Production
3. DNO (M, NO)   Oil & Gas Production n/a n/a n/a n/a
4. MPC Container Ships (M, NO)  Marine
4. MPC Container Ships (M, NO)   Marine n/a n/a n/a n/a
5. Norwegian Air Shuttle (L, NO)  Airlines
5. Norwegian Air Shuttle (L, NO)   Airlines n/a n/a n/a n/a
6. SpareBank 1 (M, NO)  Regional Banks
6. SpareBank 1 (M, NO)   Regional Banks n/a n/a n/a n/a
7. Olav Thon Eiendomsselskap (M, NO)  Real Estate: Operating Services
7. Olav Thon Eiendomsselskap (M, NO)   Real Estate: Operating Services n/a n/a n/a n/a
8. TGS-NOPEC (M, NO)  Oil & Gas Equipment
8. TGS-NOPEC (M, NO)   Oil & Gas Equipment n/a n/a n/a n/a
9. Aker (L, NO)  Industrial Conglomerates
9. Aker (L, NO)   Industrial Conglomerates n/a n/a n/a n/a
10. Borregaard (M, NO)  Specialty Chemicals
10. Borregaard (M, NO)   Specialty Chemicals n/a n/a n/a n/a

January 23, 2025



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