Norsk Hydro ASA (STU:NOHA) Tax Provision: €-438 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:NOHA Norsk Hydro ASA STU:NOHA
84 GF Score
Price €7.85
GF Value €6.22
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Norsk Hydro ASA Tax Provision?

Norsk Hydro ASA STU:NOHA +3.97% 84 Tax Provision is €-438 Mil as of Jun. 2026. GuruFocus rates STU:NOHA with a GF Score™ of 84/100 and a GF Value™ of €6.22 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Norsk Hydro ASA's tax provision for the three months ended in Jun. 2026 was €-183 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was €-438 Mil.

Norsk Hydro ASA Tax Provision Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA's Tax Provision 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.

Norsk Hydro ASA Tax Provision Chart

Norsk Hydro ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -440.18 -762.84 -325.27 -325.30 -457.72

Norsk Hydro ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Provision 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 -96.34 -76.61 -4.82 -172.94 -183.15
STU:NOHA
84GF Score
Norsk Hydro ASA STU:NOHA
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norsk Hydro ASA Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-438 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of €-438 Mil mean?
Norsk Hydro ASA (STU:NOHA) has a Tax Provision of €-438 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Norsk Hydro ASA and its competitors.
Is Norsk Hydro ASA's Tax Provision too high?
Norsk Hydro ASA's current Tax Provision is €-438 Mil. Overall, Norsk Hydro ASA has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Tax Provision compare to AA and CENX?
Norsk Hydro ASA's Tax Provision of €-438 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 Tax Provision for a Metals & Mining company?
A good Tax Provision depends on the Metals & Mining industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Norsk Hydro ASA and its competitors. Norsk Hydro ASA's current Tax Provision is €-438 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 (STU:NOHA) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.22, compared to a current price of €7.85 — trading 26.2% above its estimated fair value. The current Tax Provision is €-438 Mil. Norsk Hydro ASA's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Norsk Hydro ASA (STU:NOHA), the current Tax Provision is €-438 Mil as of Jun. 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 (STU:NOHA) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of €7.85 is trading 26.2% above its estimated GF Value™ of €6.22. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for STU:NOHA:

  • Tax Provision: €-438 Mil
  • GF Value™: €6.22 vs. price of €7.85 (26.2% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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

Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
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.
84GF Score

Get the complete analysis for STU:NOHA

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

€7.85
Price
€6.22
GF Value