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	Absolute PE	PS
Sat, 09 Dec 2023	kr45.4b	kr81.8b	kr1.2b	12.8x	39.1x	0.6x
Mon, 06 Nov 2023	kr38.3b	kr81.5b	kr1.3b	12.4x	30.5x	0.5x
Wed, 04 Oct 2023	kr38.5b	kr81.4b	kr1.3b	12.4x	30.6x	0.5x
Fri, 01 Sep 2023	kr40.0b	kr81.2b	kr1.3b	13x	30.3x	0.5x
Sun, 30 Jul 2023	kr42.3b	kr80.2b	kr1.2b	17.9x	36.2x	0.5x
Tue, 27 Jun 2023	kr41.8b	kr80.2b	kr1.2b	17.6x	35.5x	0.5x
Thu, 25 May 2023	kr43.4b	kr80.2b	kr1.2b	19.2x	36.3x	0.5x
Sat, 22 Apr 2023	kr45.0b	kr78.5b	kr1.4b	17.5x	31.4x	0.6x
Mon, 20 Mar 2023	kr42.9b	kr78.1b	kr1.2b	16x	36.9x	0.5x
Wed, 15 Feb 2023	kr44.9b	kr77.6b	kr1.6b	31.1x	28.7x	0.6x
Fri, 13 Jan 2023	kr40.8b	kr76.5b	kr1.4b	31.1x	28.7x	0.5x
Sun, 11 Dec 2022	kr39.9b	kr76.4b	kr1.4b	31.9x	28.1x	0.5x
Tue, 08 Nov 2022	kr38.9b	kr74.6b	kr1.5b	28.3x	26.1x	0.5x
Thu, 06 Oct 2022	kr35.7b	kr74.6b	kr1.5b	26.2x	24x	0.5x
Sat, 03 Sep 2022	kr40.9b	kr74.6b	kr1.5b	30x	27.2x	0.5x
Mon, 01 Aug 2022	kr42.2b	kr72.9b	kr1.4b	50.1x	30.7x	0.6x
Wed, 29 Jun 2022	kr39.8b	kr72.9b	kr1.4b	43.7x	29.1x	0.5x
Fri, 27 May 2022	kr41.3b	kr72.8b	kr1.4b	43.2x	29.9x	0.6x
Sun, 24 Apr 2022	kr47.3b	kr72.1b	kr1.5b	20.1x	31.4x	0.7x
Tue, 22 Mar 2022	kr48.2b	kr71.9b	kr1.4b	19.7x	34.1x	0.7x
Thu, 17 Feb 2022	kr47.9b	kr71.9b	kr1.5b	19.6x	32.9x	0.7x
Sat, 15 Jan 2022	kr50.1b	kr71.3b	kr1.7b	19.8x	30x	0.7x
Mon, 13 Dec 2021	kr48.9b	kr71.3b	kr1.7b	19.1x	29.3x	0.7x
Wed, 10 Nov 2021	kr49.5b	kr71.8b	kr1.8b	18.3x	28.2x	0.7x
Fri, 08 Oct 2021	kr45.1b	kr71.8b	kr1.8b	16.5x	25.7x	0.6x
Sun, 05 Sep 2021	kr46.5b	kr71.8b	kr1.7b	17x	26.6x	0.6x
Tue, 03 Aug 2021	kr46.0b	kr71.8b	kr1.7b	16.9x	26.3x	0.6x
Fri, 07 May 2021	kr51.4b	kr71.3b	kr1.6b	19.3x	33.1x	0.7x
Mon, 08 Feb 2021	kr42.6b	kr71.8b	kr1.3b	17.3x	32.1x	0.6x

Current Industry PE

Investors are optimistic on the Norwegian Construction industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 39.1x which is higher than its 3-year average PE of 30.6x.

Past Earnings Growth

The earnings for companies in the Construction industry have declined 4.4% per year over the last three years.
Meanwhile revenues for these companies have grown 4.4% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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


NO Market	-0.92%
Industrials	-0.079%
Construction	2.25%
Construction and Engineering	2.25%

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?

Company	Last Price	7D	1Y	Valuation
NORCO Norconsult	kr20.86	8.9% +kr507.4m	n/a	n/a
AFG AF Gruppen	kr116.20	2.8% +kr346.8m	-17.8%	PE21.1x
CADLR Cadeler	kr35.50	4.0% +kr268.7m	-9.8%	PE10.8x
IWS Integrated Wind Solutions	kr47.20	5.8% +kr101.8m	40.5%	PS7.8x
BWIDL BW Ideol	kr11.80	2.6% +kr9.5m	47.5%	PS8.1x

Nov 25

Industry Valuation and Performance