Nel ASA (OL:NEL) — Market Cap & Net Worth
Market Cap & Net Worth: Nel ASA (NEL)
Nel ASA (OL:NEL) has a market capitalization of $386.83 Million (Nkr3.68 Billion) as of September 17, 2026. Listed on the OL stock exchange, this Norway-based company holds position #13635 globally and #108 in its home market, demonstrating a -3.61% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nel ASA's stock price Nkr2.00 by its total outstanding shares 1838039801 (1.84 Billion). Also see NEL total asset value for a full breakdown of the balance sheet.
Nel ASA Market Cap History: 2015 to 2026
Nel ASA's market capitalization history from 2015 to 2026. Data shows growth from $922.39 Million to $386.83 Million (1.03% CAGR). Also see cash flow conversion of Nel ASA for how efficiently the company converts equity into cash flow.
Nel ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nel ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check today's stock price for Nel ASA for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.45x
Nel ASA's market cap is 0.45 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $390.10 Million | $98.45 Million | -$55.83 Million | 3.96x | N/A |
| 2017 | $643.12 Million | $286.37 Million | -$52.45 Million | 2.25x | N/A |
| 2018 | $890.11 Million | $453.19 Million | -$188.83 Million | 1.96x | N/A |
| 2019 | $1.67 Billion | $519.05 Million | -$269.71 Million | 3.22x | N/A |
| 2020 | $5.60 Billion | $578.33 Million | $1.26 Billion | 9.69x | 4.44x |
| 2021 | $2.94 Billion | $753.10 Million | -$1.67 Billion | 3.91x | N/A |
| 2022 | $2.68 Billion | $914.85 Million | -$1.17 Billion | 2.93x | N/A |
| 2023 | $1.33 Billion | $1.35 Billion | -$855.20 Million | 0.99x | N/A |
| 2024 | $522.99 Million | $1.39 Billion | -$244.34 Million | 0.38x | N/A |
| 2025 | $431.70 Million | $963.11 Million | -$1.27 Billion | 0.45x | N/A |
Competitor Companies of NEL by Market Capitalization
Companies near Nel ASA in the global market cap rankings as of September 17, 2026. Review Nel ASA tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Nel ASA by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #81 globally with a market cap of $237.23 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #126 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #149 globally with a market cap of $163.99 Billion USD ( €140.27 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #81 | GE Vernova LLC | NYSE:GEV | $237.23 Billion | $882.81 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $218.11 Billion | €258.80 |
| #126 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #149 | Schneider Electric S.E. | PA:SU | $163.99 Billion | €275.30 |
Nel ASA Historical Marketcap From 2015 to 2026
Between 2015 and today, Nel ASA's market cap moved from $922.39 Million to $ 386.83 Million, with a yearly change of 1.03%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr386.83 Million | -10.39% |
| 2025 | Nkr431.70 Million | -17.46% |
| 2024 | Nkr522.99 Million | -60.75% |
| 2023 | Nkr1.33 Billion | -50.27% |
| 2022 | Nkr2.68 Billion | -8.91% |
| 2021 | Nkr2.94 Billion | -47.48% |
| 2020 | Nkr5.60 Billion | +235.27% |
| 2019 | Nkr1.67 Billion | +87.69% |
| 2018 | Nkr890.11 Million | +38.40% |
| 2017 | Nkr643.12 Million | +64.86% |
| 2016 | Nkr390.10 Million | -57.71% |
| 2015 | Nkr922.39 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Nel ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $386.83 Million USD |
| MoneyControl | $386.83 Million USD |
| MarketWatch | $386.83 Million USD |
| marketcap.company | $386.83 Million USD |
| Reuters | $386.83 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Nel ASA
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates through Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrog… Read more