Nel ASA
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates in 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 hydrogen pr… Read more
Market Cap & Net Worth: Nel ASA (NLLSY)
Nel ASA (PINK:NLLSY) has a market capitalization of $374.04 Million ($374.04 Million) as of March 19, 2026. Listed on the PINK stock exchange, this USA-based company holds position #10916 globally and #4970 in its home market, demonstrating a -16.37% 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 $6.11 by its total outstanding shares 61267993 (61.27 Million).
Nel ASA Market Cap History: 2019 to 2025
Nel ASA's market capitalization history from 2019 to 2025. Data shows change from $1.45 Billion to $374.04 Million (-15.37% CAGR).
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.
Latest Price to Sales (P/S) Ratio
0.39x
Nel ASA's market cap is 0.39 times its annual revenue
0.92x
Lower than industry averageLatest 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 |
|---|---|---|---|---|---|
| 2019 | $1.45 Billion | $519.05 Million | -$269.71 Million | 2.80x | N/A |
| 2020 | $6.04 Billion | $578.33 Million | $1.26 Billion | 10.44x | 4.78x |
| 2021 | $3.08 Billion | $753.10 Million | -$1.67 Billion | 4.08x | N/A |
| 2022 | $2.37 Billion | $914.85 Million | -$1.17 Billion | 2.59x | N/A |
| 2023 | $1.18 Billion | $1.68 Billion | -$855.20 Million | 0.70x | N/A |
| 2024 | $542.83 Million | $1.39 Billion | -$244.34 Million | 0.39x | N/A |
Competitor Companies of NLLSY by Market Capitalization
Companies near Nel ASA in the global market cap rankings as of March 19, 2026.
Key companies related to Nel ASA by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Nel ASA Historical Marketcap From 2019 to 2025
Between 2019 and today, Nel ASA's market cap moved from $1.45 Billion to $ 374.04 Million, with a yearly change of -15.37%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $374.04 Million | -31.09% |
| 2024 | $542.83 Million | -54.15% |
| 2023 | $1.18 Billion | -50.00% |
| 2022 | $2.37 Billion | -23.02% |
| 2021 | $3.08 Billion | -49.04% |
| 2020 | $6.04 Billion | +316.04% |
| 2019 | $1.45 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Nel ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $374.04 Million USD |
| MoneyControl | $374.04 Million USD |
| MarketWatch | $374.04 Million USD |
| marketcap.company | $374.04 Million USD |
| Reuters | $374.04 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.