Norsk Hydro ASANHYDY +2.88%82 Pretax Margin % is 12.45% as of Mar. 2026, which is 127% above its 10-year median of 5.48. GuruFocus rates NHYDY with a GF Score™ of 82/100 and a GF Value™ of $7.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 839 Metals & Mining companies, Norsk Hydro ASA ranks better than 50.54% on this metric.
The historical rank and industry rank for Norsk Hydro ASA's Pretax Margin % or its related term are showing as below:
NHYDY'
s Pretax Margin % Range Over the Past 10 Years
Min: -1.04 Med: 5.48 Max: 15.57
Current: 5.36
NHYDY's Pretax Margin % is ranked better than 50.54% of 839
companies
in the Metals & Mining industry
Industry Median: 4.88
vs NHYDY: 5.36
Norsk Hydro ASA (OTCPK:NHYDY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Norsk Hydro ASA Pretax Margin % Related Terms
Norsk Hydro ASA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Norsk Hydro ASA's Pretax 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.
NHYDY vs AA, CENX, CSTM: Pretax Margin % Comparison
For the Aluminum subindustry, Norsk Hydro ASA's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Norsk Hydro ASA Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's Pretax Margin % falls into.
* 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 (NHYDY) has a Pretax Margin % of 12.45% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Norsk Hydro ASA and its competitors. This is 127% above median its historical median of 5.48. According to the industry distribution chart, Norsk Hydro ASA ranks #415 out of 839 companies in the Metals & Mining industry, placing it in the top 49.5%.
Is Norsk Hydro ASA's Pretax Margin % too high?
Norsk Hydro ASA's current Pretax Margin % of 12.45% is 127% above median its 10-year median of 5.48. The Metals & Mining industry median Pretax Margin % is 4.88. Norsk Hydro ASA's value of 12.45% is 155.1% above this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #415 out of 839 companies in the Metals & Mining industry, which is above the industry midpoint. 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 Pretax Margin % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #415 out of 839 companies for Pretax Margin %. This puts Norsk Hydro ASA in the upper half of its industry. The industry median Pretax Margin % is 4.88. Norsk Hydro ASA's value of 12.45% is 155.1% above this benchmark. While the company's 10-year median is 5.48 vs. the industry median of 4.88, Norsk Hydro ASA has consistently been above 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 Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.88, based on 839 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norsk Hydro ASA's current Pretax Margin % of 12.45% is 155.1% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current Pretax Margin % is 12.45%, which is 127% above median its own 10-year median of 5.48. 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 (NHYDY) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.38, compared to a current price of $8.93 — trading 21% above its estimated fair value. The current Pretax Margin % is 12.45%, which is 127% above median its 10-year median of 5.48 and 155.1% above the Metals & Mining industry median of 4.88. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Norsk Hydro ASA (NHYDY), the current Pretax Margin % is 12.45% 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 Norsk Hydro ASA (NHYDY) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of $8.93 is trading 21% above its estimated GF Value™ of $7.38.
GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.
Key valuation signals for NHYDY:
Pretax Margin %: 12.45% (127% above median its 10-year median of 5.48)
GF Value™: $7.38 vs. price of $8.93 (21% above fair value)
Industry Position: 155.1% above the Metals & Mining median (#415 of 839)
No single metric tells the full story. See the NHYDY 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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