Narrative Update • May 24

Over the last 7 days, the Aerospace and Defense industry has risen 5.7%, driven by gains from every company within the industry. In the past year, the industry is down 11%. As for the next few years, earnings are expected to grow by 24% per annum.
Has the Norwegian Aerospace and Defense Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 30 May 2026 | NOK 294.7b | NOK 33.6b | NOK 4.2b | 61x | 71x | 8.8x |
| Mon, 27 Apr 2026 | NOK 278.4b | NOK 31.6b | NOK 3.6b | 66.3x | 78.2x | 8.8x |
| Wed, 25 Mar 2026 | NOK 344.6b | NOK 31.7b | NOK 3.8b | 82.1x | 91.9x | 10.9x |
| Fri, 20 Feb 2026 | NOK 346.8b | NOK 31.6b | NOK 3.8b | 82.8x | 90.2x | 11x |
| Sun, 18 Jan 2026 | NOK 293.6b | NOK 54.6b | NOK 6.7b | 41.5x | 43.8x | 5.4x |
| Tue, 16 Dec 2025 | NOK 222.4b | NOK 54.6b | NOK 6.7b | 31.4x | 33.2x | 4.1x |
| Thu, 13 Nov 2025 | NOK 215.1b | NOK 54.6b | NOK 6.7b | 30.4x | 32.1x | 3.9x |
| Sat, 11 Oct 2025 | NOK 270.2b | NOK 53.2b | NOK 6.4b | 40.1x | 42.4x | 5.1x |
| Mon, 08 Sep 2025 | NOK 263.8b | NOK 53.2b | NOK 6.4b | 39.1x | 41.4x | 5x |
| Wed, 06 Aug 2025 | NOK 274.6b | NOK 53.2b | NOK 6.5b | 40.7x | 42.3x | 5.2x |
| Fri, 04 Jul 2025 | NOK 321.0b | NOK 52.1b | NOK 6.1b | 50.9x | 52.9x | 6.2x |
| Sun, 01 Jun 2025 | NOK 317.2b | NOK 52.1b | NOK 6.1b | 50.3x | 52.3x | 6.1x |
| Tue, 29 Apr 2025 | NOK 277.1b | NOK 48.9b | NOK 4.9b | 53.7x | 56.5x | 5.7x |
| Thu, 27 Mar 2025 | NOK 280.3b | NOK 48.9b | NOK 4.6b | 54.3x | 60.7x | 5.7x |
| Sat, 22 Feb 2025 | NOK 237.3b | NOK 49.1b | NOK 4.4b | 45.9x | 54.4x | 4.8x |
| Mon, 20 Jan 2025 | NOK 222.7b | NOK 47.1b | NOK 4.0b | 45.8x | 55.1x | 4.7x |
| Wed, 18 Dec 2024 | NOK 226.2b | NOK 47.1b | NOK 4.1b | 46.5x | 55.8x | 4.8x |
| Fri, 15 Nov 2024 | NOK 214.5b | NOK 47.1b | NOK 4.1b | 44.1x | 52x | 4.6x |
| Sun, 13 Oct 2024 | NOK 190.2b | NOK 45.2b | NOK 3.8b | 41.8x | 49.6x | 4.2x |
| Tue, 10 Sep 2024 | NOK 187.2b | NOK 45.2b | NOK 3.8b | 41.2x | 49x | 4.1x |
| Thu, 08 Aug 2024 | NOK 183.6b | NOK 45.1b | NOK 4.3b | 40.7x | 42.5x | 4.1x |
| Sat, 06 Jul 2024 | NOK 154.1b | NOK 43.2b | NOK 3.9b | 37.7x | 39.5x | 3.6x |
| Mon, 03 Jun 2024 | NOK 158.4b | NOK 43.2b | NOK 3.9b | 38.7x | 40.6x | 3.7x |
| Wed, 01 May 2024 | NOK 138.3b | NOK 40.8b | NOK 3.5b | 37.2x | 39.3x | 3.4x |
| Fri, 29 Mar 2024 | NOK 132.3b | NOK 40.8b | NOK 3.3b | 35.5x | 39.7x | 3.2x |
| Sun, 25 Feb 2024 | NOK 118.3b | NOK 40.8b | NOK 3.3b | 31.7x | 36.2x | 2.9x |
| Tue, 23 Jan 2024 | NOK 93.8b | NOK 38.4b | NOK 2.8b | 26.3x | 33x | 2.4x |
| Thu, 21 Dec 2023 | NOK 82.8b | NOK 38.4b | NOK 2.8b | 23.1x | 29.1x | 2.2x |
| Sat, 18 Nov 2023 | NOK 82.8b | NOK 38.4b | NOK 2.7b | 23.2x | 30.1x | 2.2x |
| Mon, 16 Oct 2023 | NOK 86.1b | NOK 36.1b | NOK 2.6b | 25.2x | 33.2x | 2.4x |
| Wed, 13 Sep 2023 | NOK 84.8b | NOK 36.1b | NOK 2.6b | 24.9x | 32.6x | 2.3x |
| Fri, 11 Aug 2023 | NOK 77.6b | NOK 36.1b | NOK 2.7b | 22.6x | 28.4x | 2.2x |
| Sun, 09 Jul 2023 | NOK 83.1b | NOK 34.0b | NOK 2.5b | 26.1x | 33.7x | 2.4x |
| Tue, 06 Jun 2023 | NOK 81.3b | NOK 32.0b | NOK 2.1b | 28.8x | 38.4x | 2.5x |
38.4x
How does Norwegian Aerospace and Defense compare with similar industries?
| NO Market | -2.32% | |
| Industrials | 1.28% | |
| Aerospace & Defense | 6.71% | |
| Aerospace and Defense | 6.71% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KOG Kongsberg Gruppen | NOK 332.10 | 6.6% +NOK 18.1b | -7.6% | PE61x | |
| DFENS Fjord Defence Group | NOK 19.60 | 21.4% +NOK 234.9m | 34.4% | PS18.3x | |
| NTI Norsk Titanium | NOK 1.25 | 15.3% +NOK 170.9m | 1.5% | PS40.2x |