Norsk Hydro (NHY.OL)

Norsk Hydro stock price today, ATLAS forecast and fair value

Basic Materials · Aluminum · Oslo Børs · Norway

NOK 68.70▲ +0.94%

Prices as of Oct 27, 2026 · NOK

ATLAS fair value

NOK 63.92

Close to fair value · 7% premium

Chance of rising in 1 month

51%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Norsk Hydro in ATLAS

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On Norsk Hydro

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
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  • Global screenerSearch US stocks and stocks from 47 countries with filters.
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Plans from €3.99 a month.

ATLAS estimates Norsk Hydro's fair value at about NOK 63.92 per share (reasonable range: NOK 58.10 to NOK 107.06). At NOK 68.70, the stock trades within 8% of that figure: close to fair value.

It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is high. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Norsk Hydro a 51% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between NOK 65.48 and NOK 72.41; in 9 out of 10, between NOK 59.90 and NOK 79.15. Estimated annual volatility is 29%.

Price, last 12 months (weekly close)

Norsk Hydro (NHY.OL) — Price, last 12 months (weekly close)Oct 24, 2025: NOK 68.40. Oct 27, 2026: NOK 68.70. ▲Fair value NOK 63.92NOK 116.05NOK 67.40Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
NOK 145B
Market cap (USD)
$15.5B
P/E ratio
13.6
Dividend yield
4.18%
52-week high
NOK 120.40
52-week low
NOK 66.42
Revenue (12 months)
NOK 206B
Gross margin
38.2%
Operating margin
23.7%
Net margin
6.3%
Beta
0.77

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Norsk Hydro sits close to fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks NHY.OL has traded between NOK 66.42 and NOK 120.40. Today it is 42.9% below that high and 3% above its low.

On the business: net margin is 6.3%; it trades at 13.6 times earnings.

Its beta is 0.77: it tends to move less than the market.

About the company

Norsk Hydro ASA engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide. The company operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments.

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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Norsk Hydro (NHY.OL) fair value?

About NOK 63.92 per share according to ATLAS (reasonable range: NOK 58.10 to NOK 107.06). With the stock at NOK 68.70, it is close to that value.

What is the chance NHY.OL goes up next month?

51%: close to a coin flip. In half of the simulated outcomes, NHY.OL ends the month between NOK 65.48 and NOK 72.41.

How big is Norsk Hydro and what is its P/E ratio?

Norsk Hydro's market capitalization is NOK 145B. Its price-to-earnings (P/E) ratio is 13.6: you pay NOK 13.6 for each NOK 1.00 of yearly earnings.

Does Norsk Hydro pay a dividend?

Yes. NHY.OL's current dividend yield is 4.18% at today's price (NOK 68.70).

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

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