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Norwegian (OSEAX) Aerospace & Defense Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies3
  • 7D-2.9%
  • 3M35.5%
  • 1Y32.9%
  • YTD50.5%

In the last week, the Aerospace & Defense industry is up 1.1%, with Kongsberg Gruppen up 1.1%. This takes the industry's 12 month performance to a gain of 39%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Norwegian Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026NOK 359.4bNOK 31.7bNOK 3.8b85.7x95.7x11.4x
Mon, 09 Mar 2026NOK 344.6bNOK 31.6bNOK 3.8b82.4x89.6x10.9x
Wed, 04 Feb 2026NOK 294.9bNOK 54.6bNOK 6.7b41.6x43.9x5.4x
Fri, 02 Jan 2026NOK 228.7bNOK 54.6bNOK 6.7b32.3x34.1x4.2x
Sun, 30 Nov 2025NOK 211.9bNOK 54.6bNOK 6.7b29.9x31.6x3.9x
Tue, 28 Oct 2025NOK 259.8bNOK 53.2bNOK 6.4b38.5x40.8x4.9x
Thu, 25 Sep 2025NOK 281.1bNOK 53.2bNOK 6.4b41.7x44.1x5.3x
Sat, 23 Aug 2025NOK 260.1bNOK 53.2bNOK 6.4b38.6x40.8x4.9x
Mon, 21 Jul 2025NOK 283.6bNOK 53.2bNOK 6.5b42x43.6x5.3x
Wed, 18 Jun 2025NOK 342.8bNOK 52.1bNOK 6.1b54.4x56.4x6.6x
Fri, 16 May 2025NOK 294.6bNOK 52.1bNOK 6.1b46.7x48.6x5.7x
Sun, 13 Apr 2025NOK 269.4bNOK 48.9bNOK 4.9b52.2x55x5.5x
Tue, 11 Mar 2025NOK 267.3bNOK 48.9bNOK 4.6b51.8x58.1x5.5x
Thu, 06 Feb 2025NOK 235.2bNOK 47.1bNOK 4.1b47.8x58x5x
Sat, 04 Jan 2025NOK 222.2bNOK 47.1bNOK 4.0b45.6x54.9x4.7x
Mon, 02 Dec 2024NOK 230.1bNOK 47.1bNOK 4.1b47.4x55.7x4.9x
Wed, 30 Oct 2024NOK 207.5bNOK 47.1bNOK 4.1b42.7x50.2x4.4x
Fri, 27 Sep 2024NOK 182.4bNOK 45.2bNOK 3.8b40.1x47.5x4x
Sun, 25 Aug 2024NOK 194.0bNOK 45.1bNOK 4.3b43x44.9x4.3x
Tue, 23 Jul 2024NOK 191.0bNOK 45.2bNOK 4.3b42.3x44.2x4.2x
Thu, 20 Jun 2024NOK 153.5bNOK 43.2bNOK 3.9b37.5x39.4x3.6x
Sat, 18 May 2024NOK 151.9bNOK 43.2bNOK 3.9b37.1x39x3.5x
Mon, 15 Apr 2024NOK 135.8bNOK 40.8bNOK 3.3b36.4x40.7x3.3x
Wed, 13 Mar 2024NOK 118.3bNOK 40.8bNOK 3.3b31.7x36.2x2.9x
Fri, 09 Feb 2024NOK 96.0bNOK 38.4bNOK 3.1b27x31.1x2.5x
Sun, 07 Jan 2024NOK 85.9bNOK 38.4bNOK 2.8b24x30.2x2.2x
Tue, 05 Dec 2023NOK 80.2bNOK 38.4bNOK 2.8b22.5x28.5x2.1x
Thu, 02 Nov 2023NOK 82.0bNOK 38.4bNOK 2.7b23x30x2.1x
Sat, 30 Sep 2023NOK 78.4bNOK 36.1bNOK 2.6b23x30x2.2x
Mon, 28 Aug 2023NOK 79.1bNOK 36.1bNOK 2.7b23.1x29.2x2.2x
Wed, 26 Jul 2023NOK 78.7bNOK 36.1bNOK 2.7b22.9x28.8x2.2x
Fri, 23 Jun 2023NOK 86.7bNOK 34.0bNOK 2.5b27.2x35.1x2.5x
Sun, 21 May 2023NOK 85.5bNOK 31.8bNOK 2.4b30.4x36.4x2.7x
Tue, 18 Apr 2023NOK 81.6bNOK 31.8bNOK 2.4b29x34.5x2.6x
Price to Earnings Ratio

34.5x


Total Market Cap: NOK 81.6bTotal Earnings: NOK 2.4bTotal Revenue: NOK 31.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Aerospace & Defense Industry Price to Earnings3Y Average 44.6x202420252026
Current Industry PE
    There are only 3 companies in the Norwegian Aerospace & Defense industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 17% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

NO Market-0.88%
Industrials-0.088%
Aerospace & Defense-2.91%
Aerospace and Defense-2.91%
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
DFENS Fjord Defence GroupNOK 14.801.4%
+NOK 12.5m		65.3%PS22.8x

Latest News

KOG
NOK 406.60
Kongsberg Gruppen
7D
-2.9%
1Y
33.6%
NTI
NOK 0.86
Norsk Titanium
7D
-2.4%
1Y
-58.8%

NTI: Withdrawn Revenue Guidance Will Maintain Bearish View On Future Earnings Multiple

Analysts have adjusted their price target on Norsk Titanium to NOK0.06 from NOK0.55, citing updated fair value estimates, a slightly refined discount rate, revised assumptions for revenue growth and profit margin, and a much lower future P/E input in their models. What's in the News Norsk Titanium has qualified and transitioned titanium components, developed with General Atomics Aeronautical Systems Inc.
DFENS
NOK 14.80
Fjord Defence Group
7D
1.4%
1Y
65.3%