NEWH vs IMO vs EQNR Stock Comparison

NewHydrogen, Imperial Oil and Equinor Asa Prices as of Oct 27, 2026 Peers: Industry group
NEWH NewHydrogen, Inc.
$0.02 0.0% 1M -50.0% 1Y
Market cap
$16.29M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
IMO Imperial Oil Ltd
$128.86 +4.9% 1M +41.0% 1Y
Market cap
$62.37B
P/E
20.7x
Revenue (TTM)
$37.53B
Div. yield
2.43%
Integrated Oil and Gas Energy
3 wins
EQNR Equinor Asa
$47.06 +11.6% 1M +93.2% 1Y
Market cap
$117.66B
P/E
15.2x
Revenue (TTM)
$114.42B
Div. yield
3.23%
Integrated Oil and Gas Energy
9 wins

Head to Head

12 decided of 12

Equinor Asa leads on 9 of the 12 questions below (Equinor Asa 9, Imperial Oil 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEWHIMOEQNRLeader
Larger companyMarket capitalisation $16.29M $62.37B $117.66B EQNR
Cheaper on earningsLower P/E, profitable companies only -4.5x 20.7x 15.2x EQNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.8x 8.7x EQNR
Faster revenue growthRevenue growth, trailing twelve months — +5.5% +5.8% EQNR
More profitableNet margin, trailing twelve months — 8.0% 7.0% IMO
Better return on capitalReturn on invested capital — 15.4% 47.7% EQNR
Less leveragedLower net debt / EBITDA — 0.1x 0.0x EQNR
Higher dividend yieldTrailing dividend yield — 2.43% 3.23% EQNR
Better 1-year returnPrice return, last 12 months -50.0% +41.0% +93.2% EQNR
Better 5-year returnAnnualised price return, 5 years 0.0%/yr +28.7%/yr +12.7%/yr IMO
Less volatileAnnualised volatility, 1 year 274.0% 29.1% 39.0% IMO
Higher overall scoreMean of the five percentile scores vs peers 33/100 64/100 68/100 EQNR

Percentile Scorecard

NEWHIMOEQNR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNEWHIMOEQNR
Valuation 10 #10 of 11 34 #66 of 99 80 #21 of 99
Growth 10 #10 of 11 55 #44 of 97 57 #42 of 97
Profitability – 64 #35 of 96 83 #17 of 96
Financial Health 80 #3 of 11 82 #19 of 102 57 #44 of 102
Shareholder Returns – 83 #14 of 76 61 #30 of 76
Overall 33 64 68
  • NEWH ranked among 11 companies in Renewable Fuels
  • IMO ranked among 103 companies in Oil and Gas Upstream
  • EQNR ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNEWHIMOEQNRSPY
1 month 0.0%+4.9%+11.6% -0.2%
3 months +100.0%+2.5%+23.0% +3.9%
6 months -50.0%+1.1%+22.2% +8.2%
Year to date 0.0%+49.3%+99.2% +12.9%
1 year -50.0%+41.0%+93.2% +12.3%
3 years +100.0%+123.5%+40.1% +87.4%
3 years, per year +26.0%+30.8%+11.9% +23.3%
5 years 0.0%+252.4%+81.5% +67.9%
5 years, per year 0.0%+28.7%+12.7% +10.9%
10 years -75.0%+284.7%+183.5% +261.1%
10 years, per year -12.9%+14.4%+11.0% +13.7%

Risk

MeasureNEWHIMOEQNRSPY
Volatility, 1Y 274.0%29.1%39.0% 12.7%
Downside volatility, 1Y 857.0%31.2%38.4% 12.7%
Beta vs S&P 500, 1Y -0.09-0.12-1.10 1.00
Return / volatility, 1Y -0.181.412.39 0.97
Max drawdown, 5Y -83.3%-30.1%-47.8% -25.4%
From 52-week high -50.0%-6.8%-3.6% -1.2%
52-week high $0.04$138.33$48.81 $779.14
52-week low $0.01$83.72$22.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNEWHIMOEQNR
P/E now vs peer median -4.5xmedian 10.6x 20.7xmedian 13.0x 15.2xmedian 13.0x
P/S now vs peer median —median 1.2x 1.7xmedian 2.1x 1.0xmedian 2.1x
EV/EBITDA now vs peer median -4.5xmedian 14.2x 10.8xmedian 5.9x 2.7xmedian 5.9x
P/FCF now vs peer median -6.6xmedian 14.1x 17.1xmedian 11.1x 12.3xmedian 11.1x
P/B now vs peer median -6.2xmedian 1.1x 3.6xmedian 1.5x 2.7xmedian 1.5x
PEG now vs peer median -0.17median 0.19 -4.06median 2.27 —median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNEWHIMOEQNR
Revenue – $37.53B $114.42B
Operating income -$3.49M – $32.53B
Net income -$3.49M $3.01B $9.05B
Free cash flow -$2.45M $3.64B $9.58B
R&D $1.04M $6.51M $880.00M
EPS (diluted) $0.00 $6.21 $3.08
Cash & equivalents $739.53K $2.00B $8.06B
Total debt – $2.81B $24.43B
Shares (diluted) 789.92M 484.90M 2.60B
Enterprise value $12.09M $57.46B $32.19B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNEWHIMOEQNR
P/E -4.5x 20.7x 15.2x
P/FCF -6.6x 17.1x 12.3x
P/Operating cash flow -6.6x 12.0x 5.1x
P/S – 1.7x 1.0x
P/B -6.2x 3.6x 2.7x
P/Tangible book -6.1x 3.6x 2.7x
EV/EBITDA -4.5x 10.8x 2.7x
EV/EBIT -4.5x 16.0x 3.6x
EV/Revenue – 1.7x 1.0x
EV/FCF -6.3x 17.4x 12.4x
EV/Operating cash flow -6.3x 12.2x 5.1x
PEG (3Y EPS CAGR) -0.17 -4.06 –

Growth

14 metrics
MetricNEWHIMOEQNR
Revenue growth (1Y) – 5.5% 5.8%
Revenue CAGR (3Y) – -2.2% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -73.9% – 7.6%
Operating income CAGR (3Y) 24.5% – –
Net income growth (1Y) -74.3% -10.5% 10.0%
Net income CAGR (3Y) 24.5% -10.9% –
EPS growth (1Y) -55.7% -5.8% 24.1%
EPS CAGR (3Y) 27.3% -5.1% –
Operating cash flow growth (1Y) -39.7% 15.5% 15.5%
Operating cash flow CAGR (3Y) -21.4% 5.0% –
Free cash flow growth (1Y) -39.7% 13.2% 39.6%
Free cash flow CAGR (3Y) -21.4% 5.2% –

Profitability

14 metrics
MetricNEWHIMOEQNR
Gross margin – – –
EBITDA margin – 15.6% 38.9%
Operating margin – – 28.4%
Pretax margin – 10.5% 29.0%
Net margin – 8.0% 7.0%
FCF margin – 9.7% 8.4%
Operating cash flow margin – 13.8% 20.2%
Return on equity – 17.9% 20.9%
Return on assets -439.4% 9.1% 658.7%
Return on invested capital – 15.4% 47.7%
Return on capital employed -443.1% 15.2% –
Asset turnover – 1.1x 83.3x
Cash conversion (OCF / net income) 0.7x 1.7x 2.6x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricNEWHIMOEQNR
Debt / assets – 8.3% 1,784%
Debt / equity – 0.2x 0.6x
Net debt / EBITDA – 0.1x 0.0x
Debt / FCF – 0.8x 2.5x
Liabilities / assets 426.6% 48.7% -3,046%
Equity / assets -326.6% 51.3% 3,146%
Interest coverage – 147.4x –
Current ratio 123.3x 1.4x 1.2x
Quick ratio 114.7x 1.1x 0.9x
Cash ratio 114.7x 0.3x 0.6x
Altman Z-score – 4.57 –

Shareholder Returns

7 metrics
MetricNEWHIMOEQNR
Dividend yield – 2.4% 3.2%
Net buyback yield – 3.8% –
Shareholder yield – 6.2% 3.2%
Payout ratio (earnings) – 36.0% –
Payout ratio (FCF) – 29.8% –
Dividend growth (1Y) – 15.1% –
Dividend CAGR (3Y) – 14.8% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNEWHIMOEQNR
Forward P/E – 11.8xFY2026 8.7xFY2026
EPS, next fiscal year – $10.94FY2026 $5.41FY2026
EPS growth, next FY – +76.2%FY2026 +119.0%FY2026
EPS growth, the year after – +7.4% -15.7%
Revenue, next fiscal year – $46.57BFY2026 $120.69BFY2026
Revenue growth, next FY – +35.8%FY2026 +14.0%FY2026
Revenue growth, the year after – -9.3% -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEWHIMOEQNR
Held by institutions – 26.7% 6.6%
Institutions holding – 413 409
Change in shares held, QoQ – +6.1% +1.8%
Institutions buying – 185 230
Institutions selling – 141 115
Buyers to sellers – 1.31 2.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NEWHIMOEQNR
NEWH 1.00 0.11 0.07
IMO 0.11 1.00 0.63
EQNR 0.07 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEWH, IMO and EQNR?

Equinor Asa (EQNR) is the largest by market capitalisation: NewHydrogen (NEWH) $16.29M, Imperial Oil (IMO) $62.37B, Equinor Asa (EQNR) $117.66B.

Which stock is cheaper, NEWH, IMO and EQNR?

Equinor Asa (EQNR) trades on the lowest price-to-earnings ratio (NewHydrogen (NEWH) -4.5x, Imperial Oil (IMO) 20.7x, Equinor Asa (EQNR) 15.2x). On next year's consensus earnings, Equinor Asa (EQNR) is cheapest (Imperial Oil (IMO) 11.8x, Equinor Asa (EQNR) 8.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Equinor Asa (EQNR) grew revenue fastest over the trailing twelve months: Imperial Oil (IMO) +5.5%, Equinor Asa (EQNR) +5.8%.

Which company is more profitable?

Imperial Oil (IMO) has the highest net margin (Imperial Oil (IMO) 8.0%, Equinor Asa (EQNR) 7.0%). On return on invested capital, Equinor Asa (EQNR) leads (Imperial Oil (IMO) 15.4%, Equinor Asa (EQNR) 47.7%).

Which stock has performed better?

Over the past year Equinor Asa (EQNR) returned the most: NewHydrogen (NEWH) -50.0%, Imperial Oil (IMO) +41.0%, Equinor Asa (EQNR) +93.2%. Over five years, Imperial Oil (IMO) compounded fastest (NewHydrogen (NEWH) 0.0%/yr, Imperial Oil (IMO) +28.7%/yr, Equinor Asa (EQNR) +12.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Equinor Asa (EQNR) has the highest dividend yield: Imperial Oil (IMO) 2.43%, Equinor Asa (EQNR) 3.23%. NewHydrogen (NEWH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Imperial Oil (IMO) has been the steadiest (NewHydrogen (NEWH) 274.0%, Imperial Oil (IMO) 29.1%, Equinor Asa (EQNR) 39.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEWH, IMO and EQNR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Equinor Asa (EQNR) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.