NEL ASA (FRA:D7GA) FCF Margin %: -143.91% (As of Mar. 2026)


FRA:D7GA NEL ASA FRA:D7GA
71 GF Score
Price €6.10
GF Value €6.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NEL ASA FCF Margin %?

NEL ASA FRA:D7GA 71 FCF Margin % is -143.91% as of Mar. 2026. GuruFocus rates FRA:D7GA with a GF Score™ of 71/100 and a GF Value™ of €6.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,036 Industrial Products companies, NEL ASA ranks worse than 94.83% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. NEL ASA's Free Cash Flow for the three months ended in Mar. 2026 was €-19.09 Mil. NEL ASA's Revenue for the three months ended in Mar. 2026 was €13.26 Mil. Therefore, NEL ASA's FCF Margin % for the quarter that ended in Mar. 2026 was -143.91%.

As of today, NEL ASA's current FCF Yield % is -15.02%.

The historical rank and industry rank for NEL ASA's FCF Margin % or its related term are showing as below:

FRA:D7GA' s FCF Margin % Range Over the Past 10 Years
Min: -109.76   Med: -72.36   Max: -52.37
Current: -67.53


During the past 13 years, the highest FCF Margin % of NEL ASA was -52.37%. The lowest was -109.76%. And the median was -72.36%.

FRA:D7GA's FCF Margin % is ranked worse than
94.83% of 3036 companies
in the Industrial Products industry
Industry Median: 1.565 vs FRA:D7GA: -67.53


NEL ASA FCF Margin % Related Terms


NEL ASA FCF Margin % Historical Data

* Premium members only.

The historical data trend for NEL ASA's FCF Margin % 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.

NEL ASA FCF Margin % Chart

NEL ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.76 -105.95 -104.42 -63.90 -56.40

NEL ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -75.74 -69.75 -66.13 -31.36 -143.91

FRA:D7GA vs GEV, ETN, PH: FCF Margin % Comparison

For the Specialty Industrial Machinery subindustry, NEL ASA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NEL ASA's FCF Margin % distribution charts can be found below:

* The bar in red indicates where NEL ASA's FCF Margin % falls into.


FRA:D7GA
71GF Score
NEL ASA FRA:D7GA
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NEL ASA FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

NEL ASA's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-45.898/81.38
=-56.40 %

NEL ASA's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-19.087/13.263
=-143.91 %

* 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 FCF Margin % →
What does a FCF Margin % of -143.91% mean?
NEL ASA (FRA:D7GA) has a FCF Margin % of -143.91% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NEL ASA and its competitors. According to the industry distribution chart, NEL ASA ranks #2879 out of 3036 companies in the Industrial Products industry, placing it in the top 94.8%.
Is NEL ASA's FCF Margin % too high?
NEL ASA's current FCF Margin % is -143.91%. Based on the distribution chart, NEL ASA ranks #2879 out of 3036 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NEL ASA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's FCF Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #2879 out of 3036 companies for FCF Margin %. This places NEL ASA in the lower half of its industry. The industry median FCF Margin % is 1.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Industrial Products company?
The median FCF Margin % among Industrial Products companies is 1.57, based on 3,036 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NEL ASA and its competitors. For the Industrial Products industry, the median FCF Margin % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current FCF Margin % is -143.91%. 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 (FRA:D7GA) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.80, compared to a current price of €6.10 — trading 10.3% below its estimated fair value. The current FCF Margin % is -143.91%. NEL ASA's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For NEL ASA (FRA:D7GA), the current FCF Margin % is -143.91% 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 NEL ASA (FRA:D7GA) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of €6.10 is trading 10.3% below its estimated GF Value™ of €6.80. GuruFocus considers NEL ASA to be Modestly Undervalued.

Key valuation signals for FRA:D7GA:

  • FCF Margin %: -143.91%
  • GF Value™: €6.80 vs. price of €6.10 (10.3% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the FRA:D7GA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
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.
71GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.10
Price
€6.80
GF Value