Industrials

Nel ASA(NLLSF)

Live Price

Offline

$0.271

+6.27% today

1Y Change

+12.00%

Window

Jun 25, 2025 → Jun 23, 2026

Market Cap: $5.44B
Revenue Growth: -30.7%
EPS Growth: -366.7%
Dividend Yield: 0.0%

Coverage: 249 bars · Jun 25, 2025 → Jun 23, 2026

Research Briefing

A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.

Decision context

Research Snapshot

Nel ASA (NLLSF) is a Industrials stock with a market cap of $5.44B and listed on OTC. The stock last traded around $0.27 and up 12.0% across the available one-year price window (Jun 25, 2025 → Jun 23, 2026). Baseline metrics include revenue growth of -30.7%, EPS growth of -366.7%, a dividend yield of 0.0%. What stands out right now is revenue -30.7%, EPS -366.7%, free cash flow +55.0% with operating margin -139.3% and ROIC -31.9%. Valuation sits in the middle of the pack at price/sales 5.7. Overall, the current profile looks closer to a turnaround or cyclical reset than a generic broad-market placeholder. Stock Foundry combines NLLSF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Industrials peers on this page.

Sector Context

How this name stacks up against nearby peers on first-pass metrics.

Revenue Growth

Below sector median

-30.7% vs +3.6% peer median

Operating Margin

Below sector median

-139.3% vs +16.9% peer median

What Changed This Quarter

Latest report context and the signals most likely to have changed the story.

Latest report is on the board

2026 was reported on Apr 22, 2026, but the surprise data is still limited.

The operating picture looks softer than before

Revenue is at -30.7% and EPS is at -366.7%, with operating margin around -139.3%.

Earnings Reaction Memory

How the stock has tended to move after recent reports.

Across the last 3 reported quarters, the stock averaged +3.2% over the next 5 trading days and finished higher after 1 of those reports.

View quarter-by-quarter reaction table

Quarter	EPS Δ	1D	5D	20D
2026 Apr 22, 2026	—	+0.8%	+20.5%	+30.1%
2026 Feb 26, 2026	-593.3%	-4.5%	-2.7%	-5.4%
2025 Oct 29, 2025	+28.5%	-4.1%	-8.3%	-2.1%

Benchmark Edge

NLLSF vs SPY, QQQ, and Sector ETFs

Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.

Shared 1Y chart + MAX history table

NLLSF

—

Normalized return

SPY

S&P 500

Excess Return

Relative to SPY

NLLSF Max Drawdown

-41.26%

Trailing 1Y

SPY Max Drawdown

—

Trailing 1Y

Benchmark comparison is loading or unavailable right now.

Calendar-Year Returns

Uses the longest available daily history for NLLSF and SPY.

Calendar-year return history is still loading or unavailable.

Company Overview

Nel ASA

Other OTC

Oslo, NO

Visit nelhydrogen.com Call IR47 23 24 89 50

Nel ASA, a hydrogen company, delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment produces H2Station hydrogen fueling stations that provide fuel cell electric vehicles with the fueling and long range as conventional fossil fuel vehicles, including cars, buses, trucks, forklifts, and other applications. The Nel Hydrogen Electrolyser segment produces and installs electrolysers for hydrogen production based on alkaline and proton exchange membrane water electrolyser technology. It serves industry, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Leadership: Hakon Rypern Volldal
IPO Date: Apr 26, 2018
Employees: 394

Street Address: Karenslyst allé 49
Mailing: Oslo, 0279
Region: Oslo, NO

Reporting Currency: USD
Investor Line: 47 23 24 89 50
Last Updated: May 2, 2026

ISIN: NO0010081235

Reports in USD

Key Fundamentals

Valuation, growth, profitability, and balance sheet signals.

Valuation

P/E: —
EV/EBITDA: —
Price/Sales: 5.7
Price/Book: 1.4

Growth

Revenue: -30.7%
EPS: -366.7%
Free Cash Flow: +55.0%

Profitability

Gross Margin: -70.9%
Operating Margin: -139.3%
Net Margin: -128.6%
ROE: -28.3%
ROIC: -31.9%

Balance Sheet

Debt/Equity: 0.06
Current Ratio: 4.41

Earnings Reports

📅 Last reportedApr 22, 2026

Period	B/M	EPS	EPS Δ	Revenue	Rev Δ
— Apr 22, 26		— Est -0.01	—	— Est 19987.5B	—
— Feb 26, 26	✗	-0.05 Est -0.01	-593.3%	35785.9B Est 26599.9B	+34.5%
— Oct 29, 25	✓	-0.01 Est -0.01	+28.5%	34945.4B Est 265735.7B	-86.8%
— Jul 16, 25	✓	-0.01 Est -0.01	+7.1%	17230.8B Est 224606.8B	-92.3%
— Apr 30, 25	✗	-0.01 Est -0.01	-40.2%	14434.8B Est 224795.2B	-93.6%
— Feb 26, 25	✓	-0.00 Est -0.00	+18.7%	36494.1B Est 226500.0B	-83.9%
— Oct 16, 24	✗	-0.01 Est -0.01	-19.8%	34345.1B Est 459889.9B	-92.5%
— Jul 17, 24	✗	-0.01 Est -0.01	-62.6%	31212.8B Est 39768.5B	-21.5%
— Apr 17, 24	✓	-0.00 Est -0.01	+78.1%	35249.6B Est 49594.6B	-28.9%
— Feb 28, 24	✓	-0.01 Est -0.01	+7.8%	49437.5B Est 43861.9B	+12.7%
— Sep 30, 23	✗	-0.01 Est -0.01	-5.5%	33270.0B Est 39979.2B	-16.8%
— Jun 30, 23	✗	-0.02 Est -0.02	-25.8%	43319.5B Est 35222.8B	+23.0%
— Mar 31, 23	✓	-0.01 Est -0.02	+27.6%	34096.0B Est 30761.0B	+10.8%
— Feb 28, 23	✗	-0.46 Est -0.16	-187.5%	38162.4B Est 25029.8B	+52.5%
— Oct 20, 22	✗	-0.17 Est -0.14	-21.4%	16283.5B Est 21870.7B	-25.6%
— Aug 11, 22	✗	-0.18 Est -0.16	-12.5%	17495.3B Est 24699.5B	-29.2%

Latest News

No news articles available

Official Releases

Company announcements and filings-style updates.

Official

No official releases available

Next Step

Keep the research moving

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