More stocks to consider
Alternative stocks to Norsk Hydro (OB:NHY)


These are the alternatives to Norsk Hydro that fall within the same industry, Aluminum, or region, Norway.

How to read the ranks

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.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Norsk Hydro Performance

Norsk Hydro stock research in summary

hydro.com


Norsk Hydro shares have a market-typical stock price level. They are good value and are safely financed, but show below average growth. We recommend evaluating whether the future of the company Norsk Hydro 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.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country Norway
Industry Aluminum
Index
Size class XX-Large

Large companies - similar industry as Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Ternium (XXL, LU)  Steel
1. Ternium (XXL, LU)   Steel n/a n/a n/a n/a
2. thyssenkrupp (XXL, DE)  Steel
2. thyssenkrupp (XXL, DE)   Steel n/a n/a n/a n/a
3. Aurubis (XXL, DE)  Copper
3. Aurubis (XXL, DE)   Copper n/a n/a n/a n/a
4. SSAB (XL, SE)  Steel
4. SSAB (XL, SE)   Steel n/a n/a n/a n/a
5. Salzgitter (XL, DE)  Steel
5. Salzgitter (XL, DE)   Steel n/a n/a n/a n/a
6. Aperam (XL, LU)  Steel
6. Aperam (XL, LU)   Steel n/a n/a n/a n/a
7. Bekaert (XL, BE)  Steel
7. Bekaert (XL, BE)   Steel n/a n/a n/a n/a
8. Outokumpu (XL, FI)  Steel
8. Outokumpu (XL, FI)   Steel n/a n/a n/a n/a
9. ArcelorMittal (XXL, LU)  Steel
9. ArcelorMittal (XXL, LU)   Steel n/a n/a n/a n/a
10. Acerinox (XL, ES)  Steel
10. Acerinox (XL, ES)   Steel n/a n/a n/a n/a

January 23, 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 Norsk Hydro

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. Mowi (XL, NO)  Packaged Foods & Meats
10. Mowi (XL, NO)   Packaged Foods & Meats n/a n/a n/a n/a

January 23, 2025


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Norsk Hydro

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Tharisa (M, CY)  Precious Metals & Minerals
1. Tharisa (M, CY)   Precious Metals & Minerals n/a n/a n/a n/a
2. Ferrexpo (M, CH)  Steel
2. Ferrexpo (M, CH)   Steel n/a n/a n/a n/a
3. Kenmare (M, IE)  Diversified Metals & Mining
3. Kenmare (M, IE)   Diversified Metals & Mining n/a n/a n/a n/a
4. Gränges (L, SE)  Aluminum
4. Gränges (L, SE)   Aluminum n/a n/a n/a n/a
5. Pan African (M, GB)  Gold Production
5. Pan African (M, GB)   Gold Production n/a n/a n/a n/a
6. Hill & Smith (L, GB)  Steel
6. Hill & Smith (L, GB)   Steel n/a n/a n/a n/a
7. Petra Diamonds (M, GB)  Precious Metals & Minerals
7. Petra Diamonds (M, GB)   Precious Metals & Minerals n/a n/a n/a n/a
8. Ferroglobe (L, GB)  Diversified Metals & Mining
8. Ferroglobe (L, GB)   Diversified Metals & Mining n/a n/a n/a n/a
9. Endeavour Mining (L, GB)  Gold Production
9. Endeavour Mining (L, GB)   Gold Production n/a n/a n/a n/a
10. AMG Advanced Metallurgical (L, NL)  Diversified Metals & Mining
10. AMG Advanced Metallurgical (L, NL)   Diversified Metals & Mining n/a n/a n/a n/a

January 23, 2025


Mid sized companies - similar region as Norsk Hydro

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



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.