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Norwegian (OSEAX) Industrials Sector Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies84
  • 7D1.1%
  • 3M-3.5%
  • 1Y-8.9%
  • YTD-6.5%

Over the last 7 days, the Industrials industry has risen 1.1%, driven by gains from AutoStore Holdings of 6.1%. However, the industry is down 8.9% over the past year. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023kr523.7bkr427.4bkr26.3b10.6x19.9x1.2x
Thu, 02 Nov 2023kr489.7bkr433.5bkr23.5b10.8x20.8x1.1x
Sat, 30 Sep 2023kr502.9bkr421.4bkr21.2b11.6x23.7x1.2x
Mon, 28 Aug 2023kr520.7bkr420.8bkr21.8b12.4x23.9x1.2x
Wed, 26 Jul 2023kr547.9bkr407.3bkr16.7b15.2x32.8x1.3x
Fri, 23 Jun 2023kr569.9bkr424.5bkr39.2b15.9x14.5x1.3x
Sun, 21 May 2023kr565.8bkr423.3bkr40.5b14.2x14x1.3x
Tue, 18 Apr 2023kr568.3bkr410.5bkr40.2b14.2x14.1x1.4x
Thu, 16 Mar 2023kr544.7bkr414.1bkr45.8b13x11.9x1.3x
Sat, 11 Feb 2023kr568.9bkr392.6bkr46.7b10.7x12.2x1.4x
Mon, 09 Jan 2023kr561.1bkr388.5bkr46.1b10.1x12.2x1.4x
Wed, 07 Dec 2022kr545.8bkr380.1bkr44.5b11.5x12.3x1.4x
Fri, 04 Nov 2022kr530.2bkr377.0bkr42.4b12.8x12.5x1.4x
Sun, 02 Oct 2022kr464.4bkr378.1bkr40.3b12.1x11.5x1.2x
Tue, 30 Aug 2022kr529.4bkr360.3bkr39.5b13.1x13.4x1.5x
Thu, 28 Jul 2022kr532.0bkr326.4bkr23.7b12x22.4x1.6x
Sat, 25 Jun 2022kr507.9bkr323.4bkr23.3b12.1x21.8x1.6x
Mon, 23 May 2022kr551.9bkr319.5bkr23.3b12.9x23.7x1.7x
Wed, 20 Apr 2022kr611.3bkr292.2bkr16.0b16.8x38.3x2.1x
Fri, 18 Mar 2022kr601.3bkr289.4bkr16.3b15.1x37x2.1x
Sun, 13 Feb 2022kr565.1bkr261.9b-kr2,459,193,853.0018.8x-229.8x2.2x
Tue, 11 Jan 2022kr562.1bkr257.8b-kr990,216,441.0017x-567.7x2.2x
Thu, 09 Dec 2021kr586.2bkr250.2b-kr833,846,900.0016.3x-703.1x2.3x
Sat, 06 Nov 2021kr583.1bkr240.0b-kr3,305,252,967.0016.8x-176.4x2.4x
Mon, 04 Oct 2021kr395.9bkr237.5b-kr5,197,350,734.0017.4x-76.2x1.7x
Wed, 01 Sep 2021kr388.7bkr230.2b-kr5,177,726,150.6718.2x-75.1x1.7x
Thu, 08 Jul 2021kr375.6bkr230.2b-kr5,177,726,150.6716x-72.5x1.6x
Wed, 31 Mar 2021kr348.5bkr223.0b-kr11,506,821,250.8918.5x-30.3x1.6x
Sat, 02 Jan 2021kr333.2bkr212.7bkr3.0b17.1x109.3x1.6x
Price to Earnings Ratio

109.3x


Total Market Cap: kr333.2bTotal Earnings: kr3.0bTotal Revenue: kr212.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Industrials Sector Price to Earnings3Y Average -31.4x20222023
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 19.9x which is higher than its 3-year average PE of -31.5x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.2x.
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 22% 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-0.88%
Industrials1.10%
Infrastructure24.17%
Building11.79%
Machinery5.97%
Airlines3.20%
Electrical1.56%
Industrials1.16%
Professional Services1.00%
Commercial Services0.56%
Logistics0.52%
Trade Distributors0%
Transportation0%
Construction-0.07%
Marine and Shipping-0.62%
Aerospace & Defense-1.33%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 30.6x.
    • Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings growth of 19.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings decline of 79% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings grow by 3.3% 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 Holdingskr17.8010.8%
+kr5.8b
-3.4%PS8.9x
TOM Tomra Systemskr113.609.7%
+kr3.0b
-41.8%PE34.6x
AFK Arendals Fossekompanikr163.6017.2%
+kr1.3b
-27.0%PS1.7x
NAS Norwegian Air Shuttlekr10.206.0%
+kr558.8m
11.2%PE7.3x
NEL Nelkr8.164.2%
+kr544.7m
-47.5%PS8.8x
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Latest News

NAS

kr10.20

Norwegian Air Shuttle

7D

6.0%

1Y

11.2%

AGLX

kr21.05

Agilyx

7D

-6.0%

1Y

-28.4%

AMSC

kr26.60

AMSC

7D

-5.0%

1Y

-37.4%

SNI

kr308.50

Stolt-Nielsen

7D

-4.6%

1Y

19.6%

HAUTO

kr88.10

Höegh Autoliners

7D

-4.7%

1Y

51.9%

WAWI

kr96.10

Wallenius Wilhelmsen

7D

-0.9%

1Y

6.6%

NORCO

kr19.10

Norconsult

7D

1.6%

1Y

n/a

AKER

kr645.50

Aker

7D

-3.4%

1Y

-15.6%

AFK

kr163.60

Arendals Fossekompani

7D

17.2%

1Y

-27.0%

GCC

kr208.00

Gram Car Carriers

7D

-3.0%

1Y

29.7%

WWI

kr342.50

Wilh. Wilhelmsen Holding

7D

3.3%

1Y

34.8%

NORSE

kr11.49

Norse Atlantic

7D

-4.3%

1Y

14.9%

NEL

kr8.16

Nel

7D

4.2%

1Y

-47.5%