Nordic Semiconductor ASA (NOD.OL) stock analysis

In our weekly check, Nordic Semiconductor ASA is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 11 pass, warnings: 8, red flags: 5.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA is a Technology company (Semiconductors) based in Norway, listed on OSL as NOD.OL.

What our checks show for NOD.OL

Red flags

• The net margin fell by 4.5 points over 5 years, to 7.1%: the company keeps less of each sale as profit.
• The gross margin fell by 16.6 points, to 36.9%: costs are rising faster than prices.
• Free cash flow is negative (-0.7% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 75% from a peak. Would you have held through that?
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Operating cash flow is only 0.55x net profit: part of the reported profit does not arrive as cash.
• Revenue grew only 1.4% a year over the last 3 years.
• Earnings per share fell 22.7% a year over the last 3 years.
• Net profit fell 22.1% a year over the last 3 years.
• The net margin is only 7.1%: little room if costs rise.
• The price swings a lot: 40% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 7%.

Strengths

• Debt is low: 0.2x equity.
• Operating profit covers interest 14.7 times over.
• Analysts expect earnings per share to grow about 50.9% a year over the next years.
• Analysts expect revenue to grow about 17.3% a year over the next years.
• Analysts expect the net margin to improve by 5.1 points from today's 7.1%.

Similar companies

ASM.AS · UMC · STM · MCHP · TER

Questions

What grade does Nordic Semiconductor ASA (NOD.OL) have?

In our weekly check, Nordic Semiconductor ASA is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 11 pass, warnings: 8, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of NOD.OL stock?

This week's biggest flags for Nordic Semiconductor ASA: Margins falling, Gross margin falling, Weak free cash flow. In total 13 of 24 checks show a warning or a red flag.

What does Nordic Semiconductor ASA do?

Nordic Semiconductor ASA is a Technology company (Semiconductors) based in Norway, listed on OSL as NOD.OL.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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