Close menu




April 17th, 2025 | 08:15 CEST

Billions for defense and hydrogen: RENK, Nel ASA, and dynaCERT – Profiteer or "dead cat"?

  • Hydrogen
  • greenhydrogen
  • Defense
  • renewableenergies
Photo credits: Rheinmetall SE

In the coming years, billions will be invested in defense, hydrogen, and energy efficiency in Germany alone. The grand coalition has committed itself to this in the coalition agreement. The CO2 price is set to play a central role in climate protection. dynaCERT is expected to benefit from this, as the cleantech company's retrofit kits for diesel engines reduce CO₂ emissions. Analysts see multiple potential for the share. How quickly such a multiplication can happen has been recently demonstrated by RENK's share price. Despite hitting record highs, analysts recommend buying. And what is behind the price jump at Nel ASA? New hope, or are the Norwegians just a "dead cat bounce"?

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: RENK AG O.N. | DE000RENK730 , NEL ASA NK-_20 | NO0010081235 , DYNACERT INC. | CA26780A1084

Table of contents:


    dynaCERT: Profiteer from the black-red coalition?

    Is dynaCERT's European offensive with its HydraGEN technology for reducing CO2 emissions and improving fuel efficiency in diesel engines coming at the perfect time? It certainly looks that way. Reducing CO2 and other greenhouse gases is mentioned as a central measure for climate protection in the black-red coalition agreement. Companies in Germany can, therefore, expect rising CO₂ prices. To counter this - and even tap into a new source of income - the HydraGEN retrofit kits from dynaCERT offer a viable solution. In North and South America, for example, they have already been used successfully for years in the oil and gas industry and mining. The technology generates hydrogen and oxygen "on demand" to reduce fuel consumption and emissions. This enables users to generate CO₂ certificates and new revenue by selling them.

    With new German management, a sales offensive is currently underway in Europe. Analysts at GBC Research expect this to lead to a significant increase in revenue and earnings in the coming years. Revenue is projected to increase almost tenfold within just two years, rising from CAD 2.4 million in 2024 to CAD 21 million by 2026. Next year, net profit is expected to reach CAD 5.77 million, with further increases expected. Based on a discounted cash flow model, the fair value of the dynaCERT share, according to the analysts, is the equivalent of EUR 0.48 per share. The share, which is actively traded on German stock exchanges, is currently trading at EUR 0.11. A multiplication is therefore possible.

    An exclusive video with Lyndsay Malchuk from Stockhouse Media gives an impression of the production.

    RENK: On record course

    The defense industry is also profiting from billions in investments. While Rheinmetall and Deutz have announced takeovers, RENK has so far held back on acquisitions. This has not hurt the stock. This week, the EUR 50 mark was exceeded for the first time. This puts the MDAX-listed company, known for transmissions for tanks and other military vehicles, at a market capitalization of more than EUR 5 billion. This is quite an ambitious target, given that revenue of EUR 1.1 billion is expected in 2024. However, of course a lot of the future potential is already priced in.

    From an analyst's perspective, RENK is currently fairly valued. Berenberg recently raised its target price for the MDAX stock from EUR 44.40 to EUR 54.50. Although the recommendation is "Buy", the upside potential is limited at under 10%. Analysts expect RENK to publish strong figures for the first quarter of 2025. Publication is scheduled for May 15. In the medium term, growth should then accelerate again. This also seems necessary in order to grow into the current valuation.

    Nel ASA: A "dead cat"?

    Is Nel a "dead cat"? Unfortunately, after the price jump at the beginning of April, it looks that way. The increase from NOK 2.18 to NOK 2.42 within a few days only briefly gave shareholders cause for joy. In the meantime, the share of the former hydrogen darling is trading below NOK 2.30 again. On the stock exchange, this is referred to as a "dead cat bounce".

    The reason for the brief price drop was a cooperation with HydePoint. According to the announcement, a memorandum of understanding (MoU) has been signed to improve hydrogen production in offshore, nearshore, and other harsh environments. Within the partnership, HydePoint will integrate Nel's PEM electrolyser stacks into its hydrogen production systems. Together, robust systems will be developed to ensure reliability under demanding conditions.

    Nel Hydrogen COO Todd Cartwright commented: "HydePoint brings an extremely innovative approach to maritime hydrogen systems. We see a strong fit between our PEM technology and HydePoint's drive to deliver resilient, modular solutions for the global clean energy transition."

    A declaration of intent does not help to bring about a sustained upward trend in NEL's share price. Samsung's entry in March was an initial ray of hope, but what counts are orders.


    A multiplication, on the other hand, seems possible for the dynaCERT share if the analysts' growth forecasts come true. In Germany, a major opportunity appears to be emerging for the Company under the current black-red coalition. Defense stocks like RENK offer security in the current environment, although the potential for further price increases appears to be limited. At Nel, large orders are needed – and more than just one.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author



    Related comments:

    Commented by Fabian Lorenz on October 22nd, 2025 | 07:30 CEST

    SHARE PRICE EXPLOSION for commodity gems!? Nordex, Aurubis, Salzgitter, and Power Metallic Mines!

    • Mining
    • Lithium
    • Copper
    • Commodities
    • Steel
    • Wind
    • renewableenergies

    Shares in the commodities and precious metals sector have been unstoppable in recent weeks. Power Metallic Mines could soon become an explosive latecomer to the rally. There are good reasons for this, as the CEO recently made clear. At Aurubis, the rally appears to be over for now. Analysts are skeptical, and the major shareholder is cashing in his shares - albeit in an unusual way. So should you sell now, too? The past few months have been unusually positive for Nordex. There is currently no sign of a slump in the wind business. What are analysts saying after the latest order intake?

    Read

    Commented by Carsten Mainitz on October 22nd, 2025 | 07:25 CEST

    The stock market success stories Almonty Industries, TKMS, and Steyr Motors are opening a new chapter - and it is still not too late to get in!

    • Mining
    • Tungsten
    • CriticalMetals
    • Automotive
    • hightech
    • Defense

    The trade conflict between the US and China is intensifying and reaching a new strategic dimension. Beijing is deliberately restricting exports of critical raw materials and rare earths that are indispensable for high-tech industries, defense, and the energy transition. Western industries are coming under pressure, security of supply is faltering, and prices are rising. Meanwhile, the beneficiaries of this situation, such as producers of critical raw materials, are experiencing a boom. What happens next, and what does the stock market newcomer TKMS have to do with it?

    Read

    Commented by Fabian Lorenz on October 22nd, 2025 | 07:15 CEST

    HYDROGEN IS ALIVE! Bloom Energy, thyssenkrupp nucera, and dynaCERT! 1,000% not enough?

    • Hydrogen
    • greenhydrogen
    • cleantech
    • renewableenergies

    Plug Power has gained nearly 500% since May, proving that hydrogen is very much alive. The applications may be different from what was expected in the hype a few years ago - more specific and niche-focused. Investors are speculating that hydrogen will benefit from the energy boom driven by artificial intelligence. The same applies to Bloom Energy, whose stock has exploded by 1,000% over the past year. dynaCERT is active in an exciting niche, offering conversion kits for diesel engines ranging from trucks to container ships. Initial sales successes give hope for more. Will emission certificates follow? And what is Germany's hydrogen hope, thyssenkrupp nucera, doing? It remains in the shadow of TKMS. Still, one analyst sees upside potential of around 50%.

    Read