Norwegian (OSEAX) Construction Industry Analysis

Industry Valuation and Performance

Has the Norwegian Construction Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE
Thu, 27 Jan 2022	kr46.0b	kr71.3b	kr1.7b	18.6x
Sat, 25 Dec 2021	kr49.6b	kr71.3b	kr1.7b	19.3x
Mon, 22 Nov 2021	kr50.6b	kr71.3b	kr1.7b	19.4x
Wed, 20 Oct 2021	kr47.2b	kr71.8b	kr1.8b	17.3x
Fri, 17 Sep 2021	kr45.2b	kr71.8b	kr1.8b	16.6x
Sun, 15 Aug 2021	kr45.8b	kr71.8b	kr1.7b	16.7x
Thu, 10 Jun 2021	kr49.4b	kr71.3b	kr1.6b	18.6x
Wed, 03 Mar 2021	kr43.3b	kr71.8b	kr1.3b	18.5x
Sat, 05 Dec 2020	kr44.6b	kr70.6b	kr749.5m	30.5x
Tue, 08 Sep 2020	kr37.3b	kr68.4b	kr977.0m	34.5x
Mon, 01 Jun 2020	kr33.6b	kr67.2b	kr1.1b	29.7x
Thu, 05 Mar 2020	kr34.7b	kr65.3b	kr1.1b	29.9x
Sun, 08 Dec 2019	kr37.6b	kr62.6b	kr1.2b	31.4x
Sat, 31 Aug 2019	kr34.2b	kr60.8b	kr1.2b	23.3x
Tue, 04 Jun 2019	kr30.6b	kr58.9b	kr764.0m	78.4x
Fri, 08 Mar 2019	kr30.5b	kr55.9b	kr891.0m	60.6x

PE Ratio

60.6x

Sun, 03 Feb 2019

Current Industry PE: There are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Construction industry have grown 23% per year over the last three years, and revenues for these companies have grown 8.5% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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


Construction and Engineering	-4.86%

Industry PE: Investors are most optimistic about the Construction and Engineering industry even though it's trading below its 3-year average PE ratio of 31.2x. However analysts are expecting annual earnings growth of 18%, which is lower than the prior year's growth of 67% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 18% over the next 5 years. However this is lower than its past earnings growth rate of 67% per year.

	Company	Last Price	7D	1Y	Valuation
	IWS Integrated Wind Solutions	kr37.00	1.4% +kr8.8m	n/a	PB9319.9x

Company

Last Price

Valuation

IWS Integrated Wind Solutions

kr37.00

1.4%
+kr8.8m

n/a

PB9319.9x

Integrated Wind Solutions AS Announces IWS’s Construction Service Operation Vessel

Integrated Wind Solutions AS announced IWS’s Construction Service Operation Vessel (CSOV). The first steel has been cut for Integrated Wind Solutions AS first Construction Service Operation Vessel at the China Merchants Heavy Industry facility in Jiangsu, China. The ceremony held January 14, 2022 marks a major milestone in bringing the series of IWS Fleet’s offshore wind service vessels into the renewables market. The vessel will be named IWS Skywalker and commence its first contract at the Dogger Bank Wind Farm in summer 2023. Dogger Bank Wind Farm is owned by SSE, Equinor, and ENI. IWS Skywalker is designed specifically to support commissioning works during the construction of wind farms, as well as supporting operations and maintenance during the lifetime of offshore wind farms, bottom fixed and floating. The hybrid powered vessel will be one of the first vessel in the industry capable of zero emission operations. The vessel is designed by Kongsberg Maritime and equipped with the latest generation fully compensated gangway and crane from MacGregor. The vessel has several “industry firsts” having the largest battery pack with solar panels for charging, hull and propulsion design increasing operability and reducing emissions, and an energy consumption estimated to be 20% lower than other CSOV’s currently under construction. The vessel is also the first in the industry to have the “DNV SILENT” notation, which focuses on minimizing the impact on marine life below water. Norwegian Ministry of Climate and Environment (ENOVA) has granted EUR 1 million to support the environmental initiatives on IWS Skywalker as the vessels advanced technology will reduce annual emissions by more than 1,300t CO2 equivalents. The second vessel of the Skywalker class will be delivered mid-2023, and based on the keen interest in design and capabilities and strong market demand, Integrated Wind Solutions is in dialog for ordering additional vessels of the Skywalker class for delivery early 2024.

Norwegian (OSEAX) Construction Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

AFG

Is AF Gruppen (OB:AFG) Using Too Much Debt?

AOW

Price target decreased to kr8.35

IWS

Integrated Wind Solutions AS Announces IWS’s Construction Service Operation Vessel

VEI

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely

CADLR

High number of new and inexperienced directors

ARGEO

Insider recently bought kr81k worth of stock

NRC

Third quarter 2021 earnings released: EPS kr0.80 (vs kr0.55 in 3Q 2020)