NLLSY (NEL ASA) Other Operating Expense: $200.28 Mil (TTM As of Mar. 2026)

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NLLSY NEL ASA NLLSY
79 GF Score
Price $7.67
GF Value $8.24
Valuation Fairly Valued
! 5 Warning Signs
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What is NEL ASA Other Operating Expense?

NEL ASA NLLSY 79 Other Operating Expense is $200.28 Mil as of Mar. 2026. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.24 (Fairly Valued). The stock has 5 warning signs investors should review.

NEL ASA's Other Operating Expense for the three months ended in Mar. 2026 was $25.74 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $200.28 Mil.

NEL ASA's quarterly Other Operating Expense increased from Sep. 2025 ($32.30 Mil) to Dec. 2025 ($113.12 Mil) but then declined from Dec. 2025 ($113.12 Mil) to Mar. 2026 ($25.74 Mil).

NEL ASA's annual Other Operating Expense increased from Dec. 2023 ($91.84 Mil) to Dec. 2024 ($104.33 Mil) and increased from Dec. 2024 ($104.33 Mil) to Dec. 2025 ($108.78 Mil).

NEL ASA Other Operating Expense Historical Data

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The historical data trend for NEL ASA's Other Operating Expense 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 Other Operating Expense Chart

NEL ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.04 113.55 91.84 104.33 108.78

NEL ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 28.75 29.12 32.30 113.12 25.74
NLLSY
79GF Score
NEL ASA NLLSY
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NEL ASA Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 $200.28 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.

What does a Other Operating Expense of $200.28 Mil mean?
NEL ASA (NLLSY) has a Other Operating Expense of $200.28 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on NEL ASA and its competitors.
Is NEL ASA's Other Operating Expense too high?
NEL ASA's current Other Operating Expense is $200.28 Mil. 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 Other Operating Expense compare to GEV and ETN?
NEL ASA's Other Operating Expense of $200.28 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Industrial Products company?
A good Other Operating Expense depends on the Industrial Products industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on NEL ASA and its competitors. NEL ASA's current Other Operating Expense is $200.28 Mil. 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 $8.24, compared to a current price of $7.67 — trading 6.9% below its estimated fair value. The current Other Operating Expense is $200.28 Mil. 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For NEL ASA (NLLSY), the current Other Operating Expense is $200.28 Mil 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 (NLLSY) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of $7.67 is trading 6.9% below its estimated GF Value™ of $8.24. GuruFocus considers NEL ASA to be Fairly Valued.

Key valuation signals for NLLSY:

  • Other Operating Expense: $200.28 Mil
  • GF Value™: $8.24 vs. price of $7.67 (6.9% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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 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.
79GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.67
Price
$8.24
GF Value