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?

Kemira Oyj holds the cleaner structural position, with the lead spread across valuation and growth. Norsk Hydro ASA does not offset that deficit through any equally strong structural edge elsewhere. In the market, Norsk Hydro ASA carries the stronger setup — intact trend against Kemira Oyj's broken trend. That leaves a split case: the structural lead stays with Kemira Oyj, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

The lead is spread across valuation and growth, rather than sitting in one isolated gap. Kemira Oyj leads by 28 points on the overall comparison score.

Trajectory Similarity
0.73
Similar
Peer-set rank: #19
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
65
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
NHY.OL
Norsk Hydro ASA
37
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

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 60 34 Stability 79 66 Valuation 76 39 Growth 43 8 KEMIRA.HE NHY.OL
Gap Ranking
#1 Valuation +37
#2 Growth +35
#3 Profitability +26
#4 Stability +13
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

Kemira Oyj looks stronger on relative valuation, while the broader price setup remains mixed.

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

Entry today — historical context

Where KEMIRA.HE and NHY.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY KEMIRA.HE Neutral · above norm 0th 50th 100th 40 pct gap NHY.OL Elevated · above norm 0th 50th 100th 59th 99th
Today KEMIRA.HE sits in the upper-middle of its own 5-year history (59th percentile), while NHY.OL sits higher in its own history (99th). Within each stock's own 5-year context, KEMIRA.HE is at a historically more favourable entry position than NHY.OL. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Kemira Oyj ranks near the top of the group on valuation; Norsk Hydro ASA sits in the weaker half.
Growth
Growth also leans toward Kemira Oyj, reinforcing the broader structural lead.
Valuation — Dominant Gap
KEMIRA.HE
76
NHY.OL
39
Gap+37in favour of KEMIRA.HE

The multiple-based pricing edge comes from a trailing P/E that is 18.1 turns lower.

What keeps the gap from being one-sided

On the market side, Norsk Hydro ASA carries the stronger trend while Kemira Oyj's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

The lead is built on both valuation and growth, making it broader than a single-dimension result.

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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Similar valuation-and-growth comparisons

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.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

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.