- Norsk Hydro’s Bauxite & Alumina adjusted EBITDA for Q4 reached NOK 4.97 billion, surpassing estimates of NOK 4.86 billion.
- The Metal Markets adjusted EBITDA came in at NOK 319 million, well above the estimate of NOK 143.9 million.
- Total company revenue was NOK 55.06 billion, exceeding the forecasted NOK 51.94 billion.
- Adjusted net income was NOK 2.60 billion, falling short of the expected NOK 3.38 billion.
- The company’s results reflect a commitment to enhancing robustness and executing its strategic plan.
- Despite facing challenges in the downstream market, Norsk Hydro continues to achieve strong results while advancing its growth and decarbonization efforts.
- Company stock ratings consist of 13 buys, 8 holds, and 2 sells.
A look at Norsk Hydro ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Norsk Hydro ASA‘s long-term outlook appears to be positive. The company scored well in resilience, indicating its ability to weather economic downturns and uncertainties. This suggests that Norsk Hydro ASA is well-positioned to navigate challenging market conditions and maintain stability in the long run. Additionally, with moderate scores in both value and dividend factors, the company shows a balanced approach towards creating shareholder value and rewarding investors.
Norsk Hydro ASA, a leading supplier of aluminum and aluminum products, received a growth score of 2, suggesting that there may be room for improvement in this area. However, with a momentum score of 3, the company demonstrates a steady performance trend. Overall, Norsk Hydro ASA‘s diversified product offerings, including automotive and transport products, building systems, and rolled products, showcase its strong presence in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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