NOHA Stock Chart & Stats
€7.90
€0.25(3.27%)
At close: 4:00 PM EDT
€7.90
€0.25(3.27%)
Day’s Range― - ―
52-Week Range€5.40 - €11.80
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€14.42B
Enterprise Value€20.32B
Total Cash (Recent Filing)€21.16B
Total Debt (Recent Filing)€35.73B
Price to Earnings (P/E)15.8
Beta0.78
Next Earnings
Oct 23, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.98
Shares Outstanding1,978,489,100
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio1.31
Price to Book (P/B)1.55
Price to Sales (P/S)0.74
P/FCF Ratio13.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.82
Revenue Forecast (FY)€20.40B
Bulls Say, Bears Say
Bulls Say
Solid Balance SheetMeaningful equity backing and moderate leverage provide Norsk Hydro with financial resilience through aluminum-cycle volatility. Debt-to-equity has improved from 2025, preserving flexibility to fund maintenance, strategic projects, and shareholder returns without relying excessively on additional borrowing.
Positive Cash GenerationPositive operating and free cash flow demonstrates that Hydro is converting its integrated aluminum operations into internally generated funding. The reported improvement in free cash flow supports investment capacity and financial durability, even though cash conversion remains below stronger prior-cycle levels.
Power Security And Low-carbon PlatformLong-term power coverage improves cost and supply visibility for a power-intensive smelting portfolio and supports Hydro's low-carbon proposition. Combined with stronger recycling, this can reinforce customer relevance, protect competitiveness, and support more value-added aluminum offerings over several years.
Bears Say
Modest Current ProfitabilityCurrent margins and returns remain well below prior-cycle highs, showing that Hydro's earnings power is still highly sensitive to market conditions and costs. Lower profitability reduces the cushion available for reinvestment and makes sustained shareholder returns more dependent on commodity and premium conditions.
Alumina OversupplyAn oversupplied alumina market can keep prices and upstream margins under pressure, weakening an important part of Hydro's integrated value chain. Continued weakness would offset stronger metal and recycling performance, constrain segment earnings, and prolong the recovery in consolidated profitability.
Weak Metal Markets PerformanceThe sharp decline in Metal Markets earnings highlights weakness in a business intended to add value through sourcing, trading, logistics, and customer service. Persistent underperformance would reduce diversification benefits and leave group results more exposed to primary aluminum and downstream cycles.
Norsk Hydro News
NOHA FAQ
What was Norsk Hydro’s price range in the past 12 months?
Norsk Hydro lowest stock price was €5.40 and its highest was €11.80 in the past 12 months.
What is Norsk Hydro’s market cap?
Norsk Hydro’s market cap is €14.42B.
When is Norsk Hydro’s upcoming earnings report date?
Norsk Hydro’s upcoming earnings report date is Oct 23, 2026 which is in 10 days.
How were Norsk Hydro’s earnings last quarter?
Norsk Hydro released its earnings results on Jul 22, 2026. The company reported €0.205 earnings per share for the quarter, beating the consensus estimate of €0.186 by €0.019.
Is Norsk Hydro overvalued?
According to Wall Street analysts Norsk Hydro’s price is currently Overvalued.
Does Norsk Hydro pay dividends?
Norsk Hydro does not currently pay dividends.
What is Norsk Hydro’s EPS estimate?
Norsk Hydro’s EPS estimate is 0.21.
How many shares outstanding does Norsk Hydro have?
Norsk Hydro has 1,978,489,100 shares outstanding.
What happened to Norsk Hydro’s price movement after its last earnings report?
Norsk Hydro reported an EPS of €0.205 in its last earnings report, beating expectations of €0.186. Following the earnings report the stock price went up 2.027%.
Which hedge fund is a major shareholder of Norsk Hydro?
Currently, no hedge funds are holding shares in DE:NOHA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Norsk Hydro Stock Smart Score
Neutral
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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.92%
12-Months-Change
Fundamentals
Return on Equity
9.57%
Trailing 12-Months
Asset Growth
5.47%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Norsk Hydro
Norsk Hydro ASA is a globally operating industrial enterprise, deeply involved in the aluminum value chain from its raw materials to finished products, as well as significant energy operations. Its comprehensive activities include bauxite mining, alumina refining, primary aluminum production, remelting, and recycling, alongside the manufacturing of extruded solutions. The company organizes its operations into distinct segments. The Bauxite & Alumina division manages the extraction of bauxite and the subsequent production and sale of alumina. The Aluminium Metal segment focuses on the creation of primary aluminum products, offering extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets unit is responsible for the commercialization of primary metal output, overseeing recycling facilities, and engaging in both physical and financial metal trading. Through its Extrusions segment, Norsk Hydro supplies specialized aluminum profiles, building systems, and precision tubing, catering to sectors such as construction, automotive, and heating, ventilation, and air conditioning, while also operating its own recycling sites. Lastly, the Energy segment encompasses energy trading and wholesale activities in Brazil, strategic energy sourcing, the management of Norwegian power stations, and the development of renewable energy sources including wind, solar, battery storage, and hydrogen. Founded in 1905, Norsk Hydro ASA is headquartered in Oslo, Norway.
NOHA Company Deck
NOHA Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented several strong operational and financial achievements — notably robust adjusted EBITDA (NOK 8.9bn), solid free cash flow (NOK 4bn), RoaCE above target (10.9%), significant aluminum price/premium support, record Norwegian casthouse output, stronger recycling and strategic power agreements (securing ~85% of smelter power needs). These positives were balanced by meaningful headwinds in specific areas: Middle East related Qatalum curtailments and limited sales, a weaker Bauxite & Alumina segment due to low alumina prices, a materially weaker Energy performance driven by dry hydrology, significant weakness in Metal Markets trading, and currency impacts. Overall, the company demonstrated resilient core performance and delivered on strategic milestones, while facing pronounced, partly external, challenges in several segments.View all DE:NOHA earnings summariesTechnical Analysis
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