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Norsk Hydro ASANHYKF 87 EV-to-EBITDA is 6.97 as of Aug. 14, 2026, which is 10% above its 10-year median of 6.34. GuruFocus rates NHYKF with a GF Score™ of 87/100 and a GF Value™ of $7.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 696 Metals & Mining companies, Norsk Hydro ASA ranks better than 66.67% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Norsk Hydro ASA's enterprise value is $21,014 Mil.
Norsk Hydro ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $3,013 Mil. Therefore, Norsk Hydro ASA's EV-to-EBITDA for today is 6.97.
The historical rank and industry rank for Norsk Hydro ASA's EV-to-EBITDA or its related term are showing as below:
NHYKF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.44 Med: 6.34 Max: 12.39
Current: 6.97
During the past 13 years, the highest EV-to-EBITDA of Norsk Hydro ASA was 12.39. The lowest was 2.44. And the median was 6.34.
NHYKF's EV-to-EBITDA is ranked better than 66.67% of 696
companies
in the Metals & Mining industry
Industry Median: 10.37
vs NHYKF: 6.97
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Norsk Hydro ASA (OTCPK:NHYKF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Norsk Hydro ASA's PE Ratio (TTM) for today is calculated as:
Norsk Hydro ASA's share price for today is $9.5525.
Norsk Hydro ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.521.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Norsk Hydro ASA's EV-to-EBITDA 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.
For the Aluminum subindustry, Norsk Hydro ASA's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Norsk Hydro ASA EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's EV-to-EBITDA falls into.
Norsk Hydro ASA's current Enterprise Value is $21,014 Mil.
Norsk Hydro ASA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,013 Mil.
* 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 (NHYKF) has a EV-to-EBITDA of 6.97 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Norsk Hydro ASA. This is 10% above median its historical median of 6.34. Over the past decade, Norsk Hydro ASA's EV-to-EBITDA has ranged from 2.44 to 12.39. According to the industry distribution chart, Norsk Hydro ASA ranks #232 out of 696 companies in the Metals & Mining industry, placing it in the top 33.3%.
Is Norsk Hydro ASA's EV-to-EBITDA too high?
Norsk Hydro ASA's current EV-to-EBITDA of 6.97 is 10% above median its 10-year median of 6.34. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 12.39. The Metals & Mining industry median EV-to-EBITDA is 10.37. Norsk Hydro ASA's value of 6.97 is 32.8% below this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #232 out of 696 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Norsk Hydro ASA has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's EV-to-EBITDA compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #232 out of 696 companies for EV-to-EBITDA. This puts Norsk Hydro ASA in the upper half of its industry. The industry median EV-to-EBITDA is 10.37. Norsk Hydro ASA's value of 6.97 is 32.8% below this benchmark. Historically, Norsk Hydro ASA's own EV-to-EBITDA has ranged from 2.44 to 12.39 over the past decade. While the company's 10-year median is 6.34 vs. the industry median of 10.37, Norsk Hydro ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 10.37, based on 696 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norsk Hydro ASA's current EV-to-EBITDA of 6.97 is 32.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Norsk Hydro ASA. For the Metals & Mining industry, the median EV-to-EBITDA is 10.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current EV-to-EBITDA is 6.97, which is 10% above median its own 10-year median of 6.34. 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 (NHYKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.18, compared to a current price of $9.55 — trading 33% above its estimated fair value. The current EV-to-EBITDA is 6.97, which is 10% above median its 10-year median of 6.34 and 32.8% below the Metals & Mining industry median of 10.37. Norsk Hydro ASA's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Norsk Hydro ASA (NHYKF), the current EV-to-EBITDA is 6.97 as of Aug. 14, 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 (NHYKF) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of $9.55 is trading 33% above its estimated GF Value™ of $7.18.
GuruFocus considers Norsk Hydro ASA to be Significantly Overvalued.
Key valuation signals for NHYKF:
EV-to-EBITDA: 6.97 (10% above median its 10-year median of 6.34)
GF Value™: $7.18 vs. price of $9.55 (33% above fair value)
Industry Position: 32.8% below the Metals & Mining median (#232 of 696)
No single metric tells the full story. See the NHYKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
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