Norsk Hydro ASA (OSL:NHY) EBITDA per Share: kr12.35 (TTM As of Mar. 2026)


OSL:NHY Norsk Hydro ASA OSL:NHY
88 GF Score
Price kr85.06
GF Value kr68.28
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Norsk Hydro ASA EBITDA per Share?

Norsk Hydro ASA OSL:NHY +0.26% 88 EBITDA per Share is kr12.35 as of Mar. 2026. GuruFocus rates OSL:NHY with a GF Score™ of 88/100 and a GF Value™ of kr68.28 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,121 Metals & Mining companies, Norsk Hydro ASA ranks worse than 78.64% on this metric.

Norsk Hydro ASA's EBITDA per Share for the three months ended in Mar. 2026 was kr4.82. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr12.35.

During the past 12 months, the average EBITDA per Share Growth Rate of Norsk Hydro ASA was -18.70% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -13.10% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 4.80% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 10.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Norsk Hydro ASA's EBITDA per Share or its related term are showing as below:

OSL:NHY' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -59.3   Med: 2   Max: 139.3
Current: -13.1

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Norsk Hydro ASA was 139.30% per year. The lowest was -59.30% per year. And the median was 2.00% per year.

OSL:NHY's 3-Year EBITDA Growth Rate is ranked worse than
78.64% of 2121 companies
in the Metals & Mining industry
Industry Median: 15.7 vs OSL:NHY: -13.10

Norsk Hydro ASA's EBITDA for the three months ended in Mar. 2026 was kr9,472 Mil.

During the past 12 months, the average EBITDA Growth Rate of Norsk Hydro ASA was -19.10% per year. During the past 3 years, the average EBITDA Growth Rate was -14.20% per year. During the past 5 years, the average EBITDA Growth Rate was 3.90% per year. During the past 10 years, the average EBITDA Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Norsk Hydro ASA was 66.90% per year. The lowest was -58.80% per year. And the median was 5.90% per year.


Norsk Hydro ASA  (OSL:NHY) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Norsk Hydro ASA EBITDA per Share Related Terms


Norsk Hydro ASA EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA's EBITDA per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norsk Hydro ASA EBITDA per Share Chart

Norsk Hydro ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.55 20.59 9.01 11.11 13.53

Norsk Hydro ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.39 3.37 3.11 1.06 4.82
OSL:NHY
88GF Score
Norsk Hydro ASA OSL:NHY
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Hydro ASA EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Norsk Hydro ASA's EBITDA per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA per Share(A: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=26658/1970.107
=13.53

Norsk Hydro ASA's EBITDA per Share for the quarter that ended in Mar. 2026 is calculated as

EBITDA per Share(Q: Mar. 2026 )
=EBITDA/Shares Outstanding (Diluted Average)
=9472/1965.000
=4.82

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr12.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA per Share →
What does a EBITDA per Share of kr12.35 mean?
Norsk Hydro ASA (OSL:NHY) has a EBITDA per Share of kr12.35 as of Mar. 2026. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Norsk Hydro ASA and its competitors. According to the industry distribution chart, Norsk Hydro ASA ranks #1668 out of 2121 companies in the Metals & Mining industry, placing it in the top 78.6%.
Is Norsk Hydro ASA's EBITDA per Share too high?
Norsk Hydro ASA's current EBITDA per Share is kr12.35. Based on the distribution chart, Norsk Hydro ASA ranks #1668 out of 2121 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Norsk Hydro ASA has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's EBITDA per Share compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #1668 out of 2121 companies for EBITDA per Share. This places Norsk Hydro ASA in the lower half of its industry. The industry median EBITDA per Share is 15.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for a Metals & Mining company?
The median EBITDA per Share among Metals & Mining companies is 15.70, based on 2,121 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median EBITDA per Share is 15.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current EBITDA per Share is kr12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (OSL:NHY) is currently considered Modestly Overvalued. The stock's GF Value™ is kr68.28, compared to a current price of kr85.06 — trading 24.6% above its estimated fair value. The current EBITDA per Share is kr12.35. Norsk Hydro ASA's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Norsk Hydro ASA (OSL:NHY), the current EBITDA per Share is kr12.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norsk Hydro ASA (OSL:NHY) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of kr85.06 is trading 24.6% above its estimated GF Value™ of kr68.28. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for OSL:NHY:

  • EBITDA per Share: kr12.35
  • GF Value™: kr68.28 vs. price of kr85.06 (24.6% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the OSL:NHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
88GF Score

Get the complete analysis for OSL:NHY

EBITDA per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr85.06
Price
kr68.28
GF Value