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Norsk Hydro ASA (NHY.OL)

NOK89.02 +2.60 (+3.01%)
NO OSL Basic Materials Aluminum
Address Drammensveien 260 240
Oslo, NO
CEO Eivind Kallevik
Website hydro.com
IPO 2000-01-03
ISIN NO0005052605

Explore sections of this company profile

Also trades on Oslo Stock Exchange · NHY.OL (NOK) Other OTC · NHYDY (USD) Other OTC · NHYKF (USD)
Description

Norsk Hydro ASA, a company founded in Oslo, Norway, in 1905, operates globally across the entire aluminum value chain, from raw material extraction to advanced product manufacturing, and is also involved in energy generation. Its operations are divided into several key segments: Bauxite & Alumina: This division is responsible for bauxite mining, the subsequent production of alumina, and its commercial distribution. Aluminium Metal: Concentrates on the primary production of aluminum, meticulously casting it into various forms such as extrusion ingots, foundry alloys, and both sheet and standard ingots. Metal Markets: Sells products originating from the company's primary metal facilities, manages its own recycling operations, and participates in both physical and financial metal trading. Extrusions: Delivers specialized aluminum profiles, sophisticated building systems, and precision tubing. These offerings cater to critical sectors like construction, automotive manufacturing, and heating, ventilation, and air conditioning (HVAC), while also operating recycling centers. Energy: Manages energy trading and wholesale activities in Brazil, oversees energy procurement, operates power generation facilities in Norway, and actively develops renewable energy sources such as wind, solar, battery storage, and hydrogen technologies.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK89.02 +2.60 (+3.01%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
0.69
Float Shares
1.12B
Free Float %
57.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.90% -1.93% -4.32% +14.09% +40.37% +31.01% +79.92% +51.53% +87.97% +227.36% +390.34%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Hold
Price Targets & DCF
Current price
89.02
DCF (Unlevered) 95.16 +6.9%
DCF (Levered) 95.03 +6.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 35% Bullish
Rating 2026-05 Change
Strong Buy 3 -1
Buy 3 -2
Hold 7 0
Sell 4 -1
Strong Sell 0 0
Quality scores
Altman Z-Score
3.11
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Aluminum: +10.4%
    +2.1% Q1'26: -11.7% (vs Q1'25)
  • EPS growth Aluminum: +10.9%
    +17.6% Q1'26: -11.8% (vs Q1'25)
  • FCF margin FCF growth · Aluminum: +58.0%
    +4.0% Q1'26: -9.2% (vs Q1'25)
  • EBIT margin Aluminum: +5.8%
    +7.7% Q1'26: +13.4% (vs Q1'25)
  • ROIC Aluminum: +5.5%
    +8.0% Q1'26: +15.4% (vs Q1'25)
  • Share dilution Aluminum: +0.0%
    -1.4% Q1'26: -0.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Aluminum: 0.90×
    1.48× Q1'26: 0.89× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.67) × ERP
WACC = 84% × Ke + 16% × Kd (5.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 94.42 Current price: 89.02
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
13 Rev. Ana.
12 EPS Ana.
Dec 2027
13 Rev. Ana.
13 EPS Ana.
Dec 2028
11 Rev. Ana.
12 EPS Ana.
Dec 2029
5 Rev. Ana.
10 EPS Ana.
Revenue
75.75B
est: 77.03B (-1.7%)
91.44B
est: 95.95B (-4.7%)
64.18B
est: 79.69B (-19.5%)
64.88B
est: 64.41B (+0.7%)
77.91B
est: 78.67B (-1.0%)
87.69B
est: 87.52B (+0.2%)
81.95B
est: 81.40B (+0.7%)
109.22B
est: 107.68B (+1.4%)
159.38B
est: 160.23B (-0.5%)
149.77B
est: 150.83B (-0.7%)
138.12B
est: 137.48B (+0.5%)
149.65B
est: 145.85B (+2.6%)
207.93B
est: 212.72B (-2.3%)
192.09B
est: 189.95B (+1.1%)
203.64B
est: 201.85B (+0.9%)
207.97B
est: 209.01B (-0.5%)
215.06B
198.92B – 223.71B
+2.9% YoY
220.58B
201.74B – 245.84B
+2.6% YoY
218.92B
218.07B – 219.78B
-0.8% YoY
216.03B
198.68B – 232.89B
-1.3% YoY
EBITDA
6.94B
est: 9.11B (-23.8%)
14.58B
est: 8.64B (+68.8%)
6.32B
est: 11.23B (-43.7%)
4.15B
est: 3.94B (+5.2%)
7.68B
est: 1.67B (+360.0%)
8.97B
est: 3.66B (+145.1%)
13.91B
est: 3.49B (+298.3%)
17.58B
est: 22.05B (-20.3%)
13.82B
est: 24.35B (-43.2%)
7.68B
est: 11.31B (-32.1%)
13.21B
est: 6.20B (+113.2%)
27.50B
est: 6.62B (+315.3%)
42.33B
est: 6.98B (+506.1%)
17.58B
est: 27.36B (-35.8%)
22.19B
est: 28.99B (-23.5%)
27.55B
est: 30.11B (-8.5%)
30.98B
28.66B – 32.23B
+2.9% YoY
31.78B
29.06B – 35.42B
+2.6% YoY
31.54B
31.41B – 31.66B
-0.8% YoY
31.12B
28.62B – 33.55B
-1.3% YoY
EBIT
3.95B
est: -1.68B (+335.0%)
9.17B
est: 3.89B (+135.7%)
774.00M
est: 8.16B (-90.5%)
-122.00M
est: 349.97M (-134.9%)
2.91B
est: 2.04B (+42.3%)
4.13B
est: 6.47B (-36.1%)
8.46B
est: 7.73B (+9.5%)
11.43B
est: 9.10B (+25.6%)
7.42B
est: 18.39B (-59.6%)
-890.00M
est: 8.02B (-111.1%)
5.92B
est: 454.68M (+1,200.9%)
19.51B
est: 485.99M (+3,913.7%)
33.63B
est: 512.51M (+6,460.8%)
8.11B
est: 17.88B (-54.7%)
12.06B
est: 18.95B (-36.4%)
16.08B
est: 19.68B (-18.3%)
20.25B
18.73B – 21.06B
+2.9% YoY
20.77B
19.00B – 23.15B
+2.6% YoY
20.61B
20.53B – 20.69B
-0.8% YoY
20.34B
18.71B – 21.93B
-1.3% YoY
Net Income
1.89B
est: 357.55M (+428.0%)
6.71B
est: 2.31B (+190.9%)
-1.23B
est: 5.57B (-122.1%)
-920.00M
est: -995.76M (+7.6%)
797.00M
est: -1.12B (+170.9%)
2.02B
est: 907.44M (+122.6%)
6.39B
est: 1.89B (+238.0%)
8.78B
est: 8.29B (+5.9%)
4.26B
est: 13.25B (-67.9%)
-2.37B
est: 4.00B (-159.2%)
1.85B
est: -1.65B (+211.8%)
12.16B
est: -1.76B (+789.4%)
24.15B
est: -1.86B (+1,398.6%)
3.58B
est: 191.00M (+1,775.9%)
5.79B
est: 9.59B (-39.6%)
6.72B
est: 10.10B (-33.5%)
17.65B
14.59B – 22.71B
+74.8% YoY
18.40B
12.62B – 28.25B
+4.3% YoY
16.27B
10.60B – 22.86B
-11.6% YoY
17.91B
16.04B – 19.73B
+10.1% YoY
SGA
est: 13.99B (-100.0%)
est: 12.56B (-100.0%)
est: 9.30B (-100.0%)
est: 6.14B (-100.0%)
est: 8.68B (-100.0%)
9.33B
est: 9.61B (-2.9%)
9.29B
est: 8.79B (+5.7%)
11.71B
est: 12.58B (-6.9%)
18.73B
est: 20.51B (-8.7%)
18.05B
est: 22.42B (-19.5%)
14.83B
est: 22.66B (-34.5%)
17.40B
est: 24.22B (-28.2%)
21.11B
est: 25.54B (-17.3%)
24.48B
est: 17.81B (+37.4%)
25.17B
est: 29.03B (-13.3%)
est: 19.60B (-100.0%)
20.17B
18.65B – 20.98B
+2.9% YoY
20.68B
18.92B – 23.05B
+2.6% YoY
20.53B
20.45B – 20.61B
-0.8% YoY
20.26B
18.63B – 21.84B
-1.3% YoY
EPS
1.33
est: 1.26 (+5.2%)
3.41
est: 1.96 (+74.1%)
-0.61
est: 0.24 (-356.9%)
-0.45
est: 0.70 (-164.1%)
0.39
est: 1.39 (-72.0%)
0.99
est: 2.65 (-62.7%)
3.13
est: 1.87 (+67.3%)
4.30
est: 3.75 (+14.6%)
2.08
est: 3.14 (-33.7%)
-1.16
est: 0.92 (-226.7%)
0.90
est: 0.76 (+18.9%)
5.89
est: 6.21 (-5.1%)
11.76
est: 11.88 (-1.0%)
1.77
est: 0.09 (+1,766.0%)
2.90
est: 4.65 (-37.6%)
3.41
est: 5.13 (-33.6%)
9.09
7.41 – 11.53
+77.0% YoY
9.47
6.40 – 14.34
+4.2% YoY
8.49
5.38 – 11.61
-10.4% YoY
9.09
8.14 – 10.02
+7.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-08 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-07 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-06 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-05 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-05-04 B+ 3/5 4/5 3/5 4/5 2/5 2/5 3/5
2026-04-30 B+ 3/5 4/5 3/5 5/5 1/5 2/5 3/5
2026-04-29 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-28 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-27 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-24 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-23 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5
2026-04-15 B+ 3/5 4/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.74B
OE per share TTM
0.87
Owner's Yield
0.84%
Maintenance CapEx ratio
126.66%
Maint CapEx / Avg PPE
39.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
493.0K
Shares Outstanding
1.97B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Paul Warton Executive Vice President of Hydro Extrusions & Member of Corporate Management Board 16M male
John Gabriel Thuestad Executive Vice President of Hydro Bauxite & Alumina and Member of Corporate Management Board 16M male
Eivind Kallevik Chief Executive Officer, President & Member of Corporate Management Board 14M male
Trond Olaf Christophersen Executive Vice President, Chief Financial Officer & Member of Corporate Management Board 8M male
Hanne Karine Simensen Executive Vice President of Hydro Aluminium Metal & Member of Corporate Management Board 8M female
Anne-Lene Midseim Executive Vice President of Compliance, IP & General Counsel and Member of Corporate Management Board 7M female
Kari Ekelund Thorud Executive Vice President of Hydro Energy & Member of Corporate Management Board 5M female
Hilde Vestheim Nordh Executive Vice President of People & HSE and Member of Corporate Management Board 5M female
Therese Rod Holm Member of Corporate Management Board 4M female
Baard Erik Haugen Acting Head of Investor Relations
Peik Norenberg Head of Corporate Finance male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits