- Norsk Hydro’s Adjusted Ebitda at NOK5.41 billion, overshooting the estimated NOK5.15 billion.
- The Bauxite and Alumina section saw a slightly lower than expected Adjusted Ebitda, NOK804 million which was less than the estimated NOK817.4 million.
- The Aluminum Metal Adjusted Ebitda figures also recorded an underestimation with NOK1.97 billion against the expectation of NOK2.27 billion.
- Metal Markets experienced a slightly above the expected Adjusted Ebitda with NOK269 million, which was above the NOK264.7 million estimate.
- The Extrusions section also recorded less than estimated Adjusted Ebitda figures at NOK1.44 billion below the NOK1.62 billion estimate.
- Energy overshooted expectations with an Adjusted Ebitda of NOK1.15 billion against an estimate NOK1.03 billion.
- Adjusted Ebit figures for Norsk Hydro came to NOK2.97 billion, also witnessing a shortfall when compared to the NOK3.03 billion estimate.
Analysts’ Consensus:
- Out of the consulted analysts, 11 placed “buy” ratings, 8 settled with the “hold” rating, while 2 suggested “sell”.
A look at Norsk Hydro ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
When looking at the Smartkarma Smart Scores for Norsk Hydro ASA, which rates the company on various factors, including Value, Dividend, Growth, Resilience, and Momentum, a positive outlook can be gleaned. With a high Dividend score of 5, Norsk Hydro ASA appears to be a strong contender for investors seeking regular income from their investments. Additionally, the company shows resilience with a score of 4, indicating its ability to withstand market challenges. Furthermore, with favorable scores in Growth and Momentum, Norsk Hydro ASA seems to have potential for expansion and sustained performance in the long term.
Overall, Norsk Hydro ASA, a supplier of aluminum and aluminum products specializing in a range of industrial applications, presents a promising outlook. With a solid foundation in providing products for automotive, transport, building systems, casthouse, extruded products, rolled products, and wire rod sectors, the company demonstrates diversity and versatility in its offerings. The combination of strong dividends, growth potential, and market resilience positions Norsk Hydro ASA well for investors looking for a stable and potentially rewarding long-term investment.
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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