Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norsk Hydro ASA's Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr13,021 Mil. Therefore, Norsk Hydro ASA's EV-to-EBIT ratio for today is 14.63.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Norsk Hydro ASA's Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr24,400 Mil. Therefore, Norsk Hydro ASA's EV-to-EBITDA ratio for today is 7.81.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Norsk Hydro ASA's Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr201,265 Mil. Therefore, Norsk Hydro ASA's EV-to-Revenue ratio for today is 0.95.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Norsk Hydro ASA's Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr5,810 Mil. Therefore, Norsk Hydro ASA's EV-to-FCF ratio for today is 32.79.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Norsk Hydro ASA (OSTO:NHYo) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's EBIT 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 kr13,021 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's EBITDA 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 kr24,400 Mil.
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's Revenue 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 kr201,265 Mil.
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's Cash Flow from Operations 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 kr17,440 Mil.
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil.
Norsk Hydro ASA's Free Cash Flow 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 kr5,810 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 Enterprise Value Related Terms
Norsk Hydro ASA Enterprise Value Historical Data
* Premium members only.
The historical data trend for Norsk Hydro ASA's Enterprise Value 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.
OSTO:NHYO vs AA, CENX, CSTM: Enterprise Value Comparison
For the Aluminum subindustry, Norsk Hydro ASA's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Norsk Hydro ASA's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of kr190,498 Mil mean?
Norsk Hydro ASA (OSTO:NHYO) has a Enterprise Value of kr190,498 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norsk Hydro ASA and its competitors.
Is Norsk Hydro ASA's Enterprise Value too high?
Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil. Overall, Norsk Hydro ASA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Enterprise Value compare to AA and CENX?
Norsk Hydro ASA's Enterprise Value of kr190,498 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Norsk Hydro ASA and its competitors. Norsk Hydro ASA's current Enterprise Value is kr190,498 Mil. 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 (OSTO:NHYO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr66.72, compared to a current price of kr87.02 — trading 30.4% above its estimated fair value. The current Enterprise Value is kr190,498 Mil. Norsk Hydro ASA's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Norsk Hydro ASA (OSTO:NHYO), the current Enterprise Value is kr190,498 Mil as of Jul. 07, 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 (OSTO:NHYO) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of kr87.02 is trading 30.4% above its estimated GF Value™ of kr66.72.
GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.
Key valuation signals for OSTO:NHYO:
Enterprise Value: kr190,498 Mil
GF Value™: kr66.72 vs. price of kr87.02 (30.4% above fair value)
No single metric tells the full story. See the OSTO:NHYO 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.
82GF Score
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