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Added to YB: 2025-08-28

Pitch date: 2025-08-26

NHY.OL [bullish]

Norsk Hydro ASA

+13.27%

current return

Author Info

No bio for this author

Company Info

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities worldwide.

Market Cap

NOK 131.9B

Pitch Price

NOK 66.92

Price Target

N/A

Dividend

3.38%

EV/EBITDA

2.67

P/E

13.78

EV/Sales

0.72

Sector

Metals and Mining

Category

value

Show full summary:
Norsk Hydro: Aluminum Giant Balances Discipline and Growth in a Shifting Trade Landscape

NHY.OL: Norwegian aluminum giant at 14x P/E, 0.7x leverage, 4.8x EV/EBITDA mid-cycle. Q2: NOK 7.8bn EBITDA, 5bn FCF, 12% RoaCE. Tariff/premium upside, CBAM/Russian restrictions support pricing. Risks: tariff cuts, China demand, EU PMI. Capex cut NOK 1.5bn, strong FCF generation.

Read full article (2 min)