-1.05%
-1.11%
-3.05%
11.48%
20.71%
-23.46%
149.60%

Company Description

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide.It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments.The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina.


The Aluminium Metal segment is involved in the primary aluminum production casting activities.This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots.The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals.


The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities.The Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen.Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.

Market Data

Last Price 66.22
Change Percentage -1.05%
Open 65.7
Previous Close 66.92
Market Cap ( Millions) 130898
Volume 9172929
Year High 75.1
Year Low 53.24
M A 50 65.65
M A 200 65.25

Financial Ratios

FCF Yield 1.38%
Dividend Yield 3.78%
ROE 5.73%
Debt / Equity 0.01%
Net Debt / EBIDTA -61.78%
Price To Book 1.3
Price Earnings Ratio 22.84
Price To FCF 72.68
Price To sales 0.65
EV / EBITDA 4.76

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Hydro Extrusions

Expected Growth : 2.5 %

What the company do ?

Hydro Extrusions from Norsk Hydro ASA is a global supplier of aluminum extrusions, offering a range of products for various industries, including construction, transportation, and consumer goods.

Why we expect these perspectives ?

Hydro Extrusions' 2.5% growth driven by increasing demand for lightweight aluminum products in the automotive and construction industries, coupled with Norsk Hydro ASA's strategic expansion into emerging markets and continuous improvement in operational efficiency.

Segment nΒ°2 -> Hydro Metal Markets

Expected Growth : 1.8 %

What the company do ?

Hydro Metal Markets is a segment of Norsk Hydro ASA, a Norwegian aluminium and energy company, responsible for trading and marketing of aluminium and other metals.

Why we expect these perspectives ?

Norsk Hydro ASA's Hydro Metal Markets segment growth of 1.8% is driven by increasing demand for aluminum products in the automotive and construction industries, coupled with rising prices and improved production efficiency. Additionally, the company's focus on recycling and sustainability initiatives contributes to the growth, as customers prioritize environmentally friendly products.

Segment nΒ°3 -> Hydro Bauxite and Alumina

Expected Growth : 1.2 %

What the company do ?

Hydro Bauxite and Alumina from Norsk Hydro ASA refers to the production of bauxite, a raw material used to produce aluminum, and alumina, a refined product used in aluminum smelting.

Why we expect these perspectives ?

Hydro Bauxite and Alumina's 1.2% growth driven by increasing demand for aluminum in electric vehicles, renewable energy infrastructure, and construction. Rising prices of alumina, a key input in aluminum production, also contribute to growth. Additionally, Norsk Hydro ASA's focus on cost reduction, operational efficiency, and strategic partnerships support the segment's expansion.

Segment nΒ°4 -> Hydro Aluminium Metal

Expected Growth : 2.2 %

What the company do ?

Hydro Aluminium Metal from Norsk Hydro ASA is a leading producer of primary aluminium, offering a range of products for various industries, including transportation, construction, and packaging.

Why we expect these perspectives ?

Norsk Hydro ASA's Hydro Aluminium Metal segment growth of 2.2% is driven by increasing demand for lightweight materials in the automotive and aerospace industries, coupled with growing adoption of renewable energy sources. Additionally, the company's focus on recycling and sustainability initiatives, as well as its cost-cutting measures, contribute to the segment's growth.

Segment nΒ°5 -> Hydro Energy

Expected Growth : 3.0 %

What the company do ?

Norsk Hydro ASA's Hydro Energy segment generates electricity from hydropower plants, providing renewable energy to the grid, reducing greenhouse gas emissions and supporting a sustainable future.

Why we expect these perspectives ?

Norsk Hydro ASA's 3.0% growth in Hydro Energy is driven by increasing global demand for renewable energy, favorable government policies and regulations, and the company's strategic expansion into new markets. Additionally, advancements in hydroelectric power technology and declining production costs contribute to the segment's growth.

Segment nΒ°6 -> Other and Eliminations

Expected Growth : 1.5 %

What the company do ?

Other and Eliminations from Norsk Hydro ASA refers to the consolidation of non-operational and inter-company transactions, eliminating internal sales and costs between business segments.

Why we expect these perspectives ?

Norsk Hydro ASA's Other and Eliminations segment growth of 1.5% is driven by increased energy sales, higher volumes from the company's aluminum portfolio, and a favorable currency impact. Additionally, the segment benefits from the company's ongoing efforts to optimize its operations and reduce costs, leading to improved profitability.

Norsk Hydro Asa Products

Product Range What is it ?
Primary Aluminium Norsk Hydro ASA produces high-quality primary aluminium, which is used in various industries such as transportation, construction, and consumer goods.
Aluminium Extrusions Norsk Hydro ASA offers a range of aluminium extrusions, including profiles, tubes, and rods, used in various applications such as construction, transportation, and consumer goods.
Rolled Products Norsk Hydro ASA produces rolled aluminium products, including sheets, plates, and coils, used in various industries such as packaging, transportation, and construction.
Recycled Aluminium Norsk Hydro ASA offers recycled aluminium products, which reduce the environmental impact of aluminium production and support sustainable development.
Bauxite and Alumina Norsk Hydro ASA extracts and processes bauxite, a raw material used in the production of alumina, which is then used to produce primary aluminium.
Energy Norsk Hydro ASA generates renewable energy through its hydropower plants, which power its aluminium production and supply excess energy to the grid.

Norsk Hydro ASA's Porter Forces

Norsk Hydro ASA operates in the aluminum and energy industry, where substitutes are limited. However, the increasing demand for sustainable and eco-friendly products may lead to the development of new substitutes, posing a moderate threat to the company.

Norsk Hydro ASA's customers are primarily industrial companies and manufacturers, who have limited bargaining power due to the company's strong market position and diversified customer base.

Norsk Hydro ASA relies on a few large suppliers for raw materials, giving them some bargaining power. However, the company's strong relationships with suppliers and its ability to negotiate prices mitigate this threat.

The aluminum and energy industry has high barriers to entry, including significant capital requirements and regulatory hurdles, making it difficult for new entrants to pose a significant threat to Norsk Hydro ASA.

The aluminum and energy industry is highly competitive, with several large players competing for market share. Norsk Hydro ASA faces intense rivalry from companies like Rio Tinto, Alcoa, and Rusal, which can lead to pricing pressures and reduced market share.

Capital Structure

Value
Debt Weight 23.54%
Debt Cost 10.44%
Equity Weight 76.46%
Equity Cost 10.44%
WACC 10.44%
Leverage 30.79%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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CSTM Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates …
SSAB-A.ST SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, …
TITC.BR Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, …
KTY.WA Grupa Kety S.A., through its subsidiaries, manufactures and sells aluminum profiles and components in Poland and internationally. It operates through three segments: Extruded Products, Aluminum Systems, and Flexible Packaging. The …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
66.22$
Current Price
66.22$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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