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Norwegian (OSEAX) Industrials Sector Analysis

UpdatedNov 09, 2024
DataAggregated Company Financials
Companies67
  • 7D-1.3%
  • 3M-1.1%
  • 1Y32.3%
  • YTD21.6%

Over the last 7 days, the Industrials industry has dropped 1.3%, driven by a pullback from Kongsberg Gruppen of 1.9%. In contrast, AutoStore Holdings has gained 7.5%. In the past year, the industry has gained 32%. Looking forward, earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

Has the Norwegian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 Nov 2024NOK 624.6bNOK 437.4bNOK 40.5b12.5x15.4x1.4x
Tue, 08 Oct 2024NOK 643.1bNOK 426.1bNOK 38.5b12.8x16.7x1.5x
Thu, 05 Sep 2024NOK 622.5bNOK 425.8bNOK 38.6b12.6x16.1x1.5x
Sat, 03 Aug 2024NOK 628.1bNOK 435.3bNOK 37.2b10.8x16.9x1.4x
Mon, 01 Jul 2024NOK 610.2bNOK 422.9bNOK 34.8b11.6x17.5x1.4x
Wed, 29 May 2024NOK 628.8bNOK 418.2bNOK 34.7b11.7x18.1x1.5x
Fri, 26 Apr 2024NOK 581.3bNOK 422.5bNOK 35.2b12.6x16.5x1.4x
Sun, 24 Mar 2024NOK 572.3bNOK 415.2bNOK 32.3b12.6x17.7x1.4x
Tue, 20 Feb 2024NOK 562.9bNOK 410.9bNOK 23.4b12.5x24x1.4x
Thu, 18 Jan 2024NOK 557.2bNOK 433.2bNOK 22.7b11.2x24.5x1.3x
Sat, 16 Dec 2023NOK 536.5bNOK 423.8bNOK 23.8b11x22.6x1.3x
Mon, 13 Nov 2023NOK 502.3bNOK 435.7bNOK 27.7b9.4x18.1x1.2x
Wed, 11 Oct 2023NOK 500.6bNOK 423.1bNOK 21.7b11.2x23.1x1.2x
Fri, 08 Sep 2023NOK 528.7bNOK 422.5bNOK 21.6b11.8x24.4x1.3x
Sun, 06 Aug 2023NOK 551.1bNOK 408.4bNOK 16.9b14.2x32.5x1.3x
Tue, 04 Jul 2023NOK 561.1bNOK 425.4bNOK 39.3b16.2x14.3x1.3x
Thu, 01 Jun 2023NOK 556.1bNOK 429.2bNOK 40.9b18.1x13.6x1.3x
Sat, 29 Apr 2023NOK 570.5bNOK 414.1bNOK 40.1b13.4x14.2x1.4x
Mon, 27 Mar 2023NOK 533.4bNOK 408.9bNOK 44.9b13.6x11.9x1.3x
Wed, 22 Feb 2023NOK 579.4bNOK 402.6bNOK 49.5b11.2x11.7x1.4x
Fri, 20 Jan 2023NOK 560.9bNOK 387.2bNOK 45.9b10.2x12.2x1.4x
Sun, 18 Dec 2022NOK 538.7bNOK 381.2bNOK 45.1b12.3x11.9x1.4x
Tue, 15 Nov 2022NOK 543.9bNOK 381.1bNOK 45.4b11.1x12x1.4x
Thu, 13 Oct 2022NOK 462.4bNOK 378.3bNOK 40.6b12.7x11.4x1.2x
Sat, 10 Sep 2022NOK 519.5bNOK 364.7bNOK 38.9b13.7x13.4x1.4x
Mon, 08 Aug 2022NOK 558.4bNOK 325.9bNOK 23.4b12x23.8x1.7x
Wed, 06 Jul 2022NOK 499.1bNOK 328.5bNOK 24.2b12x20.6x1.5x
Fri, 03 Jun 2022NOK 573.2bNOK 317.2bNOK 22.6b12.8x25.4x1.8x
Sun, 01 May 2022NOK 573.7bNOK 299.4bNOK 16.4b15.7x35x1.9x
Tue, 29 Mar 2022NOK 601.8bNOK 286.3bNOK 15.2b15.8x39.5x2.1x
Thu, 24 Feb 2022NOK 560.6bNOK 275.2bNOK 12.5b17x45x2x
Sat, 22 Jan 2022NOK 493.9bNOK 257.9b-NOK 1,192,826,794.0017.3x-414x1.9x
Mon, 20 Dec 2021NOK 544.3bNOK 251.5b-NOK 714,014,565.0016.2x-762.4x2.2x
Wed, 17 Nov 2021NOK 602.7bNOK 246.9b-NOK 1,551,234,322.0018.1x-388.5x2.4x
Price to Earnings Ratio

-388.5x


Total Market Cap: NOK 602.7bTotal Earnings: -NOK 1,551,234,322.00Total Revenue: NOK 246.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Industrials Sector Price to Earnings3Y Average -20.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 15.4x which is higher than its 3-year average PE of -20.6x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

NO Market-1.59%
Industrials-1.30%
Airlines2.74%
Machinery2.06%
Trade Distributors0%
Transportation0%
Infrastructure0%
Construction-0.35%
Professional Services-1.71%
Aerospace & Defense-1.92%
Industrials-1.98%
Marine and Shipping-2.25%
Commercial Services-4.39%
Logistics-4.84%
Building-7.29%
Electrical-10.94%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 16.9x.
    • Analysts are expecting annual earnings growth of 39.9%, which is higher than its past year's earnings decline of 26.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commercial Services industry, expecting annual earnings growth of 73% over the next 5 years.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 5.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AUTO AutoStore HoldingsNOK 11.227.5%
+NOK 2.6b
-24.1%PE25x
VEI VeidekkeNOK 132.806.2%
+NOK 1.0b
33.9%PE13.7x
HEX Hexagon CompositesNOK 46.9011.5%
+NOK 1.0b
93.0%PS1.9x
AFG AF GruppenNOK 131.801.7%
+NOK 338.1m
16.0%PE40.7x
HAUTO Höegh AutolinersNOK 116.401.4%
+NOK 305.2m
32.6%PE3x
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Latest News

AFK

NOK 162.40

Arendals Fossekompani

7D

3.4%

1Y

26.7%

HSHP

NOK 77.70

Himalaya Shipping

7D

7.5%

1Y

54.2%

HEX

NOK 46.90

Hexagon Composites

7D

11.5%

1Y

93.0%

VEI

NOK 132.80

Veidekke

7D

6.2%

1Y

33.9%

AUTO

NOK 11.22

AutoStore Holdings

7D

7.5%

1Y

-24.1%

SNI

NOK 301.50

Stolt-Nielsen

7D

-4.1%

1Y

-11.7%

AKER

NOK 560.00

Aker

7D

-2.4%

1Y

-16.7%

TOM

NOK 151.80

Tomra Systems

7D

-2.9%

1Y

58.6%

WAWI

NOK 102.80

Wallenius Wilhelmsen

7D

-3.1%

1Y

10.2%

NAS

NOK 10.87

Norwegian Air Shuttle

7D

2.7%

1Y

13.2%

HAUTO

NOK 116.40

Höegh Autoliners

7D

1.4%

1Y

32.6%

NEL

NOK 3.73

Nel

7D

-12.8%

1Y

-50.3%

CADLR

NOK 69.20

Cadeler

7D

-6.5%

1Y

101.3%