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Norwegian (OSEAX) Construction Industry Analysis

UpdatedMay 16, 2024
DataAggregated Company Financials
Companies9
  • 7D-0.05%
  • 3M15.4%
  • 1Y8.6%
  • YTD15.9%

The Construction is pretty flat in the last 7 days, but Veidekke has stood out, gaining 4.7%. As for the the longer term, the industry is up 8.6% over the past 12 months. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Norwegian Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 May 2024kr62.6bkr92.3bkr1.9b25.4x32.6x0.7x
Sun, 14 Apr 2024kr59.3bkr92.3bkr2.0b24.5x30x0.6x
Tue, 12 Mar 2024kr56.3bkr91.7bkr753.6m18x74.8x0.6x
Thu, 08 Feb 2024kr52.1bkr90.1bkr532.9m15.2x97.8x0.6x
Sat, 06 Jan 2024kr53.5bkr90.2b-kr58,352,744.0013.3x-917.3x0.6x
Mon, 04 Dec 2023kr44.3bkr81.8bkr1.2b12.9x38.3x0.5x
Wed, 01 Nov 2023kr37.3bkr81.5bkr1.3b12.4x29.3x0.5x
Fri, 29 Sep 2023kr38.3bkr81.4bkr1.3b12.7x30.5x0.5x
Sun, 27 Aug 2023kr38.8bkr81.0bkr1.1b18.1x35.7x0.5x
Tue, 25 Jul 2023kr42.8bkr80.2bkr1.2b17.5x36.6x0.5x
Thu, 22 Jun 2023kr42.4bkr80.2bkr1.2b18.4x36x0.5x
Sat, 20 May 2023kr42.8bkr80.2bkr1.2b18.7x35.6x0.5x
Mon, 17 Apr 2023kr43.9bkr78.5bkr1.4b16.9x30.7x0.6x
Wed, 15 Mar 2023kr44.5bkr78.0bkr1.2b16.7x38.3x0.6x
Fri, 10 Feb 2023kr45.1bkr77.1bkr1.6b31x28.1x0.6x
Sun, 08 Jan 2023kr39.8bkr76.5bkr1.4b31.5x28x0.5x
Tue, 06 Dec 2022kr39.8bkr76.4bkr1.4b33.4x28x0.5x
Thu, 03 Nov 2022kr38.1bkr74.6bkr1.5b26.5x25.6x0.5x
Sat, 01 Oct 2022kr35.3bkr74.7bkr1.5b26.5x23.7x0.5x
Mon, 29 Aug 2022kr41.5bkr74.5bkr1.5b31.2x27.5x0.6x
Wed, 27 Jul 2022kr41.3bkr72.9bkr1.4b47.5x30.1x0.6x
Fri, 24 Jun 2022kr38.0bkr72.9bkr1.4b41.1x27.8x0.5x
Sun, 22 May 2022kr41.3bkr72.8bkr1.4b42.9x30x0.6x
Tue, 19 Apr 2022kr47.9bkr72.1bkr1.5b20.8x31.8x0.7x
Thu, 17 Mar 2022kr48.1bkr71.9bkr1.4b19.6x34.1x0.7x
Sat, 12 Feb 2022kr48.8bkr71.2bkr1.5b19.6x32.7x0.7x
Mon, 10 Jan 2022kr50.2bkr71.3bkr1.7b19.6x30x0.7x
Wed, 08 Dec 2021kr49.0bkr71.3bkr1.7b19.1x29.4x0.7x
Fri, 05 Nov 2021kr50.3bkr71.8bkr1.8b18.7x28.6x0.7x
Sun, 03 Oct 2021kr45.0bkr71.8bkr1.8b16.5x25.6x0.6x
Tue, 31 Aug 2021kr46.6bkr71.8bkr1.7b17.1x26.6x0.6x
Wed, 07 Jul 2021kr47.4bkr71.8bkr1.7b17.1x27.1x0.7x
Price to Earnings Ratio

31.8x


Total Market Cap: kr49.4bTotal Earnings: kr1.6bTotal Revenue: kr71.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 11x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.6x which is higher than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 7.3% per year over the last three years.
  • Revenues for these companies have grown 9.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market0.093%
Industrials1.89%
Construction-0.045%
Construction and Engineering-0.045%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VEI Veidekkekr116.804.5%
+kr674.3m		12.5%PE13.3x
CADLR Cadelerkr55.502.2%
+kr421.1m		13.9%PE145.7x
IWS Integrated Wind Solutionskr46.804.9%
+kr86.1m		30.0%PS7x
NORCO Norconsultkr29.550.5%
+kr42.8m		n/aPE25.1x
ARGEO Argeokr3.054.8%
+kr31.1m		130.7%PS5.3x
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Latest News

OSUN

kr3.44

Ocean Sun

7D

-2.8%

1Y

-42.7%

NORCO

kr29.55

Norconsult

7D

0.5%

1Y

n/a

AFG

kr135.20

AF Gruppen

7D

-9.1%

1Y

-6.5%

AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

May 12
AF Gruppen (OB:AFG) Has Announced That Its Dividend Will Be Reduced To NOK3.50

VEI

kr116.80

Veidekke

7D

4.5%

1Y

12.5%

Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 11
Veidekke ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

IWS

kr46.80

Integrated Wind Solutions

7D

4.9%

1Y

30.0%

This Is Why Integrated Wind Solutions ASA's (OB:IWS) CEO Compensation Looks Appropriate

May 01
This Is Why Integrated Wind Solutions ASA's (OB:IWS) CEO Compensation Looks Appropriate

ININ

kr3.39

Inin Group

7D

2.1%

1Y

5.9%

ARGEO

kr3.05

Argeo

7D

4.8%

1Y

130.7%

NRC

kr13.25

NRC Group

7D

-0.4%

1Y

23.8%

CADLR

kr55.50

Cadeler

7D

2.2%

1Y

13.9%