Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Construction Industry Analysis

UpdatedAug 25, 2025
DataAggregated Company Financials
Companies11
  • 7D1.6%
  • 3M7.0%
  • 1Y8.2%
  • YTD3.3%

Over the last 7 days, the Construction industry has risen 1.6%, driven by gains from Norconsult of 4.7%. Meanwhile, Multiconsult actually underperformed within the industry, shrinking 13% in the last week. In the last 12 months, the industry was up 8.2%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Aug 2025NOK 91.4bNOK 122.5bNOK 3.9b17.2x23.7x0.7x
Thu, 24 Jul 2025NOK 90.6bNOK 121.0bNOK 2.6b18.2x34.4x0.7x
Sat, 21 Jun 2025NOK 87.3bNOK 110.3bNOK 2.1b17.7x40.8x0.8x
Mon, 19 May 2025NOK 78.7bNOK 109.4bNOK 1.8b22.2x44.4x0.7x
Wed, 16 Apr 2025NOK 77.6bNOK 107.8bNOK 1.5b22.5x50.9x0.7x
Fri, 14 Mar 2025NOK 77.2bNOK 106.9bNOK 844.0m24.5x91.5x0.7x
Sun, 09 Feb 2025NOK 74.3bNOK 94.2bNOK 1.2b34.5x63.8x0.8x
Tue, 07 Jan 2025NOK 76.3bNOK 94.2bNOK 1.2b33.8x65.5x0.8x
Thu, 05 Dec 2024NOK 74.2bNOK 94.2bNOK 1.2b33.1x63.6x0.8x
Sat, 02 Nov 2024NOK 71.5bNOK 93.2bNOK 680.3m27.9x105.1x0.8x
Mon, 30 Sep 2024NOK 68.9bNOK 92.8bNOK 698.0m25.7x98.8x0.7x
Wed, 28 Aug 2024NOK 69.0bNOK 92.1bNOK 1.8b25.5x38.2x0.7x
Fri, 26 Jul 2024NOK 68.5bNOK 92.2bNOK 1.6b26.2x41.8x0.7x
Sun, 23 Jun 2024NOK 66.2bNOK 92.1bNOK 1.7b26.8x39.9x0.7x
Tue, 21 May 2024NOK 62.4bNOK 92.1bNOK 2.0b25.4x30.9x0.7x
Thu, 18 Apr 2024NOK 58.4bNOK 92.3bNOK 2.0b23.4x29.5x0.6x
Sat, 16 Mar 2024NOK 58.0bNOK 91.8bNOK 737.4m17.9x78.6x0.6x
Mon, 12 Feb 2024NOK 52.9bNOK 91.4bNOK 523.1m15.7x101.1x0.6x
Wed, 10 Jan 2024NOK 53.7bNOK 90.2b-NOK 65,150,264.0013.1x-823.6x0.6x
Fri, 08 Dec 2023NOK 45.4bNOK 81.8bNOK 1.2b12.8x39.1x0.6x
Sun, 05 Nov 2023NOK 38.3bNOK 81.5bNOK 1.3b12.4x30.5x0.5x
Tue, 03 Oct 2023NOK 38.5bNOK 81.4bNOK 1.3b12.7x30.6x0.5x
Thu, 31 Aug 2023NOK 39.6bNOK 81.2bNOK 1.3b12.8x30x0.5x
Sat, 29 Jul 2023NOK 42.3bNOK 80.2bNOK 1.2b17.9x36.2x0.5x
Mon, 26 Jun 2023NOK 42.3bNOK 80.3bNOK 1.2b18.2x35.8x0.5x
Wed, 24 May 2023NOK 43.3bNOK 80.2bNOK 1.2b19.1x36.2x0.5x
Fri, 21 Apr 2023NOK 44.8bNOK 78.5bNOK 1.4b17.6x31.2x0.6x
Sun, 19 Mar 2023NOK 42.9bNOK 78.1bNOK 1.2b16x36.9x0.5x
Tue, 14 Feb 2023NOK 44.8bNOK 77.6bNOK 1.6b31.1x28.6x0.6x
Thu, 12 Jan 2023NOK 40.4bNOK 76.5bNOK 1.4b31x28.4x0.5x
Sat, 10 Dec 2022NOK 39.9bNOK 76.4bNOK 1.4b31.9x28.1x0.5x
Mon, 07 Nov 2022NOK 39.0bNOK 74.6bNOK 1.5b27.3x26.2x0.5x
Wed, 05 Oct 2022NOK 36.2bNOK 74.6bNOK 1.5b26.7x24.3x0.5x
Fri, 02 Sep 2022NOK 40.6bNOK 74.6bNOK 1.5b30.5x27x0.5x
Price to Earnings Ratio

27x


Total Market Cap: NOK 40.6bTotal Earnings: NOK 1.5bTotal Revenue: NOK 74.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 25.2x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Industrials industry?

NO Market2.07%
Industrials0.28%
Construction1.57%
Construction and Engineering1.57%
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
NORCO NorconsultNOK 44.854.7%
+NOK 620.2m		30.2%PE22.3x
CADLR CadelerNOK 55.202.7%
+NOK 508.2m		-21.5%PE18.7x
VEI VeidekkeNOK 162.201.4%
+NOK 306.2m		30.2%PE17.3x
SNTIA SentiaNOK 65.202.7%
+NOK 170.7m		n/aPE13.9x
NRC NRC GroupNOK 7.264.5%
+NOK 53.5m		-18.1%PS0.2x

Latest News

VEI
NOK 162.20
Veidekke
7D
1.4%
1Y
30.2%
NORCO
NOK 44.85
Norconsult
7D
4.7%
1Y
30.2%

Norconsult ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 23
Norconsult ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
MULTI
NOK 178.50
Multiconsult
7D
-12.5%
1Y
0.8%
CADLR
NOK 55.20
Cadeler
7D
2.7%
1Y
-21.5%
NRC
NOK 7.26
NRC Group
7D
4.5%
1Y
-18.1%
MORLD
NOK 18.18
Moreld
7D
-5.7%
1Y
n/a
SNTIA
NOK 65.20
Sentia
7D
2.7%
1Y
n/a
ININ
NOK 1.96
Inin Group
7D
-3.0%
1Y
-39.7%
AFG
NOK 159.80
AF Gruppen
7D
-0.2%
1Y
21.1%
IWS
NOK 45.50
Integrated Wind Solutions
7D
-1.1%
1Y
-10.8%
OSUN
NOK 1.35
Ocean Sun
7D
6.3%
1Y
-28.9%