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Norwegian (OSEAX) Industrials Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies68
  • 7D-2.6%
  • 3M-1.0%
  • 1Y23.9%
  • YTD22.7%

Over the last 7 days, the Industrials industry has dropped 2.6%, driven by a pullback from Wallenius Wilhelmsen of 13%. On the other hand Belships is actually up 25%. Over the past 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NOK 634.9bNOK 445.0bNOK 43.2b11.6x14.7x1.4x
Tue, 19 Nov 2024NOK 644.3bNOK 440.2bNOK 42.0b11.8x15.3x1.5x
Thu, 17 Oct 2024NOK 642.0bNOK 430.8bNOK 39.5b12.7x16.2x1.5x
Sat, 14 Sep 2024NOK 636.6bNOK 426.2bNOK 38.6b13x16.5x1.5x
Mon, 12 Aug 2024NOK 626.8bNOK 430.5bNOK 35.6b10.9x17.6x1.5x
Wed, 10 Jul 2024NOK 610.8bNOK 420.1bNOK 34.1b11.9x17.9x1.5x
Fri, 07 Jun 2024NOK 625.7bNOK 421.2bNOK 34.4b11.5x18.2x1.5x
Sun, 05 May 2024NOK 600.8bNOK 423.1bNOK 35.0b12.8x17.2x1.4x
Tue, 02 Apr 2024NOK 585.1bNOK 417.3bNOK 33.8b12.8x17.3x1.4x
Thu, 29 Feb 2024NOK 556.2bNOK 410.2bNOK 23.2b12.7x24x1.4x
Sat, 27 Jan 2024NOK 567.5bNOK 432.5bNOK 21.8b11x26.1x1.3x
Mon, 25 Dec 2023NOK 543.9bNOK 419.8bNOK 23.1b11.3x23.5x1.3x
Wed, 22 Nov 2023NOK 516.4bNOK 427.6bNOK 26.0b11.8x19.9x1.2x
Fri, 20 Oct 2023NOK 500.2bNOK 427.1bNOK 22.3b11.3x22.4x1.2x
Sun, 17 Sep 2023NOK 527.5bNOK 423.2bNOK 21.6b12x24.5x1.2x
Tue, 15 Aug 2023NOK 543.4bNOK 413.9bNOK 17.7b14.1x30.7x1.3x
Thu, 13 Jul 2023NOK 552.4bNOK 416.2bNOK 37.5b16.2x14.7x1.3x
Sat, 10 Jun 2023NOK 562.3bNOK 424.6bNOK 39.2b16x14.4x1.3x
Mon, 08 May 2023NOK 553.2bNOK 415.5bNOK 40.2b14.8x13.8x1.3x
Wed, 05 Apr 2023NOK 554.6bNOK 407.2bNOK 41.7b13.9x13.3x1.4x
Fri, 03 Mar 2023NOK 575.6bNOK 408.5bNOK 46.8b11.6x12.3x1.4x
Sun, 29 Jan 2023NOK 564.3bNOK 386.6bNOK 45.7b10.2x12.3x1.5x
Tue, 27 Dec 2022NOK 539.8bNOK 380.9bNOK 45.1b11.7x12x1.4x
Thu, 24 Nov 2022NOK 530.7bNOK 380.8bNOK 45.4b10.5x11.7x1.4x
Sat, 22 Oct 2022NOK 488.0bNOK 378.9bNOK 41.9b11.7x11.6x1.3x
Mon, 19 Sep 2022NOK 484.8bNOK 367.1bNOK 39.1b13.4x12.4x1.3x
Wed, 17 Aug 2022NOK 568.6bNOK 324.8bNOK 23.6b12.2x24.1x1.8x
Fri, 15 Jul 2022NOK 501.6bNOK 331.2bNOK 24.5b12.4x20.5x1.5x
Sun, 12 Jun 2022NOK 547.5bNOK 320.5bNOK 23.0b12.8x23.8x1.7x
Tue, 10 May 2022NOK 536.3bNOK 303.4bNOK 19.0b14.8x28.2x1.8x
Thu, 07 Apr 2022NOK 612.4bNOK 291.6bNOK 16.0b16.6x38.3x2.1x
Sat, 05 Mar 2022NOK 572.6bNOK 295.0bNOK 15.8b15.1x36.3x1.9x
Mon, 31 Jan 2022NOK 479.4bNOK 260.6b-NOK 678,035,288.0017.5x-707.1x1.8x
Wed, 29 Dec 2021NOK 560.6bNOK 256.9b-NOK 1,056,521,867.0016.6x-530.6x2.2x
Price to Earnings Ratio

-530.6x


Total Market Cap: NOK 560.6bTotal Earnings: -NOK 1,056,521,867.00Total Revenue: NOK 256.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Industrials Sector Price to Earnings3Y Average 5.7x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 5.0x.
  • 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 20% 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-2.76%
Industrials-2.64%
Commercial Services1.75%
Electrical1.17%
Logistics1.09%
Trade Distributors0%
Transportation0%
Infrastructure0%
Construction-0.86%
Aerospace & Defense-1.40%
Professional Services-1.66%
Machinery-3.57%
Airlines-3.63%
Building-4.10%
Industrials-4.64%
Marine and Shipping-4.72%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings decline of 20.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commercial Services industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Industrials industry is expected to see its earnings decline by 30% 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
BELCO BelshipsNOK 20.2525.5%
+NOK 1.0b
7.5%PE6.6x
TOM Tomra SystemsNOK 150.802.2%
+NOK 976.1m
26.8%PE73.5x
NORCO NorconsultNOK 42.902.1%
+NOK 259.6m
81.7%PE33.7x
WPU WPU - Waste Plastic UpcyclingNOK 13.1539.3%
+NOK 189.9m
-63.7%PS1018.9x
ACC Aker Carbon CaptureNOK 6.193.8%
+NOK 136.0m
-51.4%PS2.3x
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Latest News

WPU

NOK 13.15

WPU - Waste Plastic Upcycling

7D

39.3%

1Y

-63.7%

BELCO

NOK 20.25

Belships

7D

25.5%

1Y

7.5%

PHLY

NOK 74.80

Philly Shipyard

7D

9.4%

1Y

45.0%

HEX

NOK 43.50

Hexagon Composites

7D

-5.5%

1Y

62.8%

WAWI

NOK 90.30

Wallenius Wilhelmsen

7D

-12.5%

1Y

1.0%

HAUTO

NOK 105.70

Höegh Autoliners

7D

-3.0%

1Y

12.2%

TRE

NOK 27.90

Treasure

7D

1.1%

1Y

36.1%

ACC

NOK 6.19

Aker Carbon Capture

7D

3.8%

1Y

-51.4%

AGLX

NOK 35.60

Agilyx

7D

1.7%

1Y

59.6%

AKER

NOK 536.00

Aker

7D

-5.8%

1Y

-18.1%