NHY.OL Live signals | Maximize Profits with Getagraph.com

BUY 44 min ago

@ Kr.70.46

Issued: 3 Jun 2024 @ 03:00

Return: 0.54%

Previous signal: May 31 - 09:03

Previous signal: Sell

Return: -0.90 %

Live Chart Being Loaded With Signals

Commentary (3 Jun 2024 @ 03:30):
Our systems believe the stock currently is undervalued by 0.66% compare to its pairs and should correct upwards.

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide...

Stats
Today's Volume	262 785
Average Volume	4.54M
Market Cap	142.53B
EPS	Kr.0.930 ( 2024-05-07 )
Next earnings date	( Kr.1.310 ) 2024-07-22
Last Dividend	Kr.2.50 ( 2024-05-08 )
Next Dividend	Kr.0 ( N/A )
P/E	40.02
ATR14	Kr.0.923 (1.30%)

Correlation (AI algo v.1.1b): Undervalued: 0.66% Kr.71.26 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.07 (neutral)

Short: -0.95 (very strong negative)

Signal:(55) Neutral

Norsk Hydro ASA Correlation

10 Most Positive Correlations
PGS.OL	0.87
AFK.OL	0.855
TGS.OL	0.852
DNO.OL	0.836
TECH.OL	0.829
EIOF.OL	0.814

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Norsk Hydro ASA Correlation - Currency/Commodity

-0.52
( weak negative )

-0.41
( neutral )

0.68
( moderate )

-0.67
( moderate negative )

0.05
( neutral )

Norsk Hydro ASA Financials

Annual	2023
Revenue:	Kr.192.09B
Gross Profit:	Kr.34.11B (17.76 %)
EPS:	Kr.1.770

FY	2023
Revenue:	Kr.192.09B
Gross Profit:	Kr.34.11B (17.76 %)
EPS:	Kr.1.770

FY	2022
Revenue:	Kr.207.93B
Gross Profit:	Kr.78.56B (37.78 %)
EPS:	Kr.11.76

FY	2021
Revenue:	Kr.149.65B
Gross Profit:	Kr.52.97B (35.39 %)
EPS:	Kr.5.93

Financial Reports:

No articles found.

Norsk Hydro ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
Kr.1.450 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.5.65 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)	Kr.2.50 (N/A)	Kr.0 (N/A)	Kr.0 (N/A)

Norsk Hydro ASA Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.44 - Stable (8.75%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	Kr.1.474	2000-04-27
Last Dividend	Kr.2.50	2024-05-08
Next Dividend	Kr.0	N/A
Payout Date	2024-05-21
Next Payout Date	N/A
# dividends	26	--
Total Paid Out	Kr.49.34	--
Avg. Dividend % Per Year	5.19%	--
Score	5.44	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.44
Div. Directional Score	8.69	--

Next Divdend (Est)
(2025-04-08)

Kr.2.59 Estimate 6.29 %

Dividend Stability

0.25 Very Poor

Dividend Score

5.44

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2000	Kr.1.474	7.95%
2001	Kr.1.750	8.76%
2002	Kr.1.842	9.11%
2003	Kr.1.935	11.50%
2004	Kr.2.03	8.98%
2005	Kr.3.68	12.90%
2006	Kr.3.73	8.95%
2007	Kr.4.61	7.92%
2008	Kr.3.22	4.65%
2009	Kr.0	0.00%
2010	Kr.0.461	1.01%
2011	Kr.0.750	1.71%
2012	Kr.0.750	2.64%
2013	Kr.0.750	2.59%
2014	Kr.0.750	2.78%
2015	Kr.1.000	2.34%
2016	Kr.1.000	3.12%
2017	Kr.1.250	3.05%
2018	Kr.1.750	2.79%
2019	Kr.1.250	3.25%
2020	Kr.2.50	7.48%
2021	Kr.1.250	3.18%
2022	Kr.3.45	4.98%
2023	Kr.5.65	7.71%
2024	Kr.2.50	3.66%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
NSKOG.OL	Dividend Junior	2023-11-20	Sporadic	5	1.21%	2.31
FROY.OL	Dividend Junior	2023-10-19	Annually	3	1.49%	1.72
CARA.OL	Dividend Junior	2023-11-15	Sporadic	10	2.93%	1.71
NHY.OL	Dividend King	2024-05-08	Annually	25	5.19%
SRBNK.OL	Dividend King	2024-04-19	Annually	14	6.08%
BOUV.OL	Dividend Knight	2024-05-23	Annually	17	4.20%
MELG.OL	Dividend Knight	2024-03-22	Annually	25	6.25%
SNOR.OL	Ex Dividend Knight	2024-04-04	Sporadic	7	3.00%
AMSC.OL	Dividend King	2024-05-22	Quarterly	11	25.28%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0170	1.500	9.66	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0153	1.200	9.49	10.00	[0 - 0.3]
returnOnEquityTTM	0.0313	1.500	-0.763	-1.144	[0.1 - 1]
payoutRatioTTM	4.19	-1.000	10.00	-10.00	[0 - 1]
currentRatioTTM	1.875	0.800	5.62	4.50	[1 - 3]
quickRatioTTM	1.252	0.800	7.34	5.87	[0.8 - 2.5]
cashRatioTTM	0.459	1.500	8.56	10.00	[0.2 - 2]
debtRatioTTM	0.184	-1.500	6.94	-10.00	[0 - 0.6]
interestCoverageTTM	4.52	1.000	9.44	9.44	[3 - 30]
operatingCashFlowPerShareTTM	9.19	2.00	6.94	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.17	2.00	8.92	10.00	[0 - 20]
debtEquityRatioTTM	0.371	-1.500	8.52	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.241	1.000	9.31	9.31	[0.2 - 0.8]
operatingProfitMarginTTM	0.0568	1.000	-0.864	-0.864	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.471	1.000	8.50	8.50	[0.2 - 2]
assetTurnoverTTM	0.898	0.800	7.35	5.88	[0.5 - 2]
Total Score				11.94

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	43.65	1.000	5.69	0	[1 - 100]
returnOnEquityTTM	0.0313	2.50	-0.490	-1.144	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.17	2.00	9.28	10.00	[0 - 30]
dividendYielPercentageTTM	3.53	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	9.19	2.00	6.94	10.00	[0 - 30]
payoutRatioTTM	4.19	1.500	10.00	-10.00	[0 - 1]
pegRatioTTM	5.47	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0963	1.000	-0.0914	0	[0.1 - 0.5]
Total Score				5.44

Norsk Hydro ASA Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Norsk Hydro ASA

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.