Home Compare KEMIRA.HE vs NHY.OL
Stock Comparison · Structural lead, mixed market

Kemira Oyj vs Norsk Hydro A: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Norsk Hydro ASA carrying a narrow edge on growth. Kemira Oyj still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in growth, but profitability adds another real layer to the result.

Trajectory Similarity
0.74
Similar
Peer-set rank: #17
within Kemira Oyj's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The match is driven mainly by capital structure and margin consistency.

Similarity drivers
capital structuremargin consistency
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
KEMIRA.HE
Kemira Oyj
48
Peer-Score
Signal qualityMedium
vs
NHY.OL
Norsk Hydro ASA
53
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: KEMIRA.HE vs NHY.OL Profitability 36 59 Stability 70 70 Valuation 72 48 Growth 8 34 KEMIRA.HE NHY.OL
Gap Ranking
#1 Growth +26
#2 Valuation +24
#3 Profitability +23
#4 Stability
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for KEMIRA.HE and NHY.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer KEMIRA.HENHY.OL Relative valuation Structural strength

Norsk Hydro ASA occupies the cheaper side of the setup map, although Kemira Oyj still holds the stronger structural profile.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
Neither side looks especially strong on growth, though Norsk Hydro ASA still ranks somewhat higher.
Valuation
Both profiles are strong on valuation, but Kemira Oyj leads clearly.
Growth — Dominant Gap
KEMIRA.HE
8
NHY.OL
34
Gap+26in favour of NHY.OL

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Kemira Oyj, with a trailing P/E that is 13.7 turns lower there.

What this means for the comparison

The page question resolves through growth, but valuation and current pricing still keep the broader comparison from reading as fully aligned.

Explore full peer positioning in AssetNext

Break down the KEMIRA.HE vs NHY.OL comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how KEMIRA.HE and NHY.OL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.