NEL ASANLLSY 79 EV-to-FCF is -5.37 as of Jun. 27, 2026. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,735 Industrial Products companies, NEL ASA ranks worse than 57636.83% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NEL ASA's Enterprise Value is $346.97 Mil.
NEL ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-64.56 Mil. Therefore, NEL ASA's EV-to-FCF for today is -5.37.
The historical rank and industry rank for NEL ASA's EV-to-FCF or its related term are showing as below:
NLLSY'
s EV-to-FCF Range Over the Past 10 Years
Min: -105.89 Med: -17.45 Max: -1.92
Current: -4.8
During the past 13 years, the highest EV-to-FCF of NEL ASA was -1.92. The lowest was -105.89. And the median was -17.45.
NLLSY's EV-to-FCF is ranked worse than 100% of 1735
companies
in the Industrial Products industry
Industry Median: 26.71
vs NLLSY: -4.80
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
NEL ASA's share price for today is $7.76.
NEL ASA's Earnings per Share (Diluted) 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 $-2.003.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NEL ASA EV-to-FCF Related Terms
NEL ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for NEL ASA's EV-to-FCF 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 Specialty Industrial Machinery subindustry, NEL ASA's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
NEL ASA EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NEL ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NEL ASA's EV-to-FCF falls into.
NEL ASA's current Enterprise Value is $346.97 Mil.
NEL 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 $-64.56 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.
NEL ASA (NLLSY) has a EV-to-FCF of -5.37 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NEL ASA and its competitors. According to the industry distribution chart, NEL ASA ranks #999999 out of 1735 companies in the Industrial Products industry.
Is NEL ASA's EV-to-FCF too high?
NEL ASA's current EV-to-FCF is -5.37. Based on the distribution chart, NEL ASA ranks #999999 out of 1735 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #999999 out of 1735 companies for EV-to-FCF. This places NEL ASA in the lower half of its industry. The industry median EV-to-FCF is 26.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 26.71, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NEL ASA and its competitors. For the Industrial Products industry, the median EV-to-FCF is 26.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current EV-to-FCF is -5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.56, compared to a current price of $7.76 — trading 9.3% below its estimated fair value. The current EV-to-FCF is -5.37. NEL ASA's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For NEL ASA (NLLSY), the current EV-to-FCF is -5.37 as of Jun. 27, 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 NEL ASA (NLLSY) Overvalued in 2026?
Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued.
The current stock price of $7.76 is trading 9.3% below its estimated GF Value™ of $8.56.
GuruFocus considers NEL ASA to be Fairly Valued.
Key valuation signals for NLLSY:
EV-to-FCF: -5.37
GF Value™: $8.56 vs. price of $7.76 (9.3% below fair value)
No single metric tells the full story. See the NLLSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score
Get the complete analysis for NLLSY
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NLLSY has been successfully added to your 
