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Norwegian (OSEAX) Construction Industry Analysis
UpdatedFeb 01, 2023
DataAggregated Company Financials
Companies8
- 7D-0.8%
- 3M6.0%
- 1Y-22.6%
- YTD-1.9%
Over the last 7 days, the Construction industry has dropped 2.5%, driven by Veidekke declining 2.8%. Overall the industry is down 22% in 12 months. Looking forward, earnings are forecast to grow by 18% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 01 Feb 2023 | kr41.5b | kr76.5b | kr1.4b | 32.1x | 29.2x | 0.5x |
| Fri, 30 Dec 2022 | kr39.7b | kr76.4b | kr1.4b | 31.4x | 27.9x | 0.5x |
| Sun, 27 Nov 2022 | kr38.5b | kr76.4b | kr1.4b | 33.6x | 27.1x | 0.5x |
| Tue, 25 Oct 2022 | kr36.5b | kr74.6b | kr1.5b | 25.6x | 24.5x | 0.5x |
| Thu, 22 Sep 2022 | kr38.4b | kr74.6b | kr1.5b | 27.6x | 25.8x | 0.5x |
| Sat, 20 Aug 2022 | kr42.0b | kr73.3b | kr1.4b | 31.9x | 30.1x | 0.6x |
| Mon, 18 Jul 2022 | kr39.9b | kr72.9b | kr1.4b | 45x | 29.2x | 0.5x |
| Wed, 15 Jun 2022 | kr39.2b | kr72.9b | kr1.4b | 41.2x | 28.7x | 0.5x |
| Fri, 13 May 2022 | kr44.5b | kr72.1b | kr1.5b | 18.9x | 30.7x | 0.6x |
| Sun, 10 Apr 2022 | kr47.8b | kr72.1b | kr1.5b | 20.8x | 31.7x | 0.7x |
| Tue, 08 Mar 2022 | kr45.9b | kr71.9b | kr1.4b | 18.8x | 32.5x | 0.6x |
| Thu, 03 Feb 2022 | kr48.2b | kr71.3b | kr1.7b | 19.4x | 28.8x | 0.7x |
| Sat, 01 Jan 2022 | kr50.3b | kr71.3b | kr1.7b | 19.5x | 30.1x | 0.7x |
| Mon, 29 Nov 2021 | kr49.1b | kr71.3b | kr1.7b | 19.1x | 29.5x | 0.7x |
| Wed, 27 Oct 2021 | kr46.9b | kr71.8b | kr1.8b | 17.3x | 26.7x | 0.7x |
| Fri, 24 Sep 2021 | kr45.2b | kr71.8b | kr1.8b | 16.7x | 25.8x | 0.6x |
| Sun, 22 Aug 2021 | kr45.7b | kr71.8b | kr1.7b | 16.9x | 26.1x | 0.6x |
| Fri, 09 Jul 2021 | kr47.4b | kr71.8b | kr1.7b | 17.1x | 27.1x | 0.7x |
| Thu, 01 Apr 2021 | kr46.4b | kr71.3b | kr1.6b | 17.3x | 29.9x | 0.7x |
| Sun, 03 Jan 2021 | kr45.8b | kr71.8b | kr1.3b | 18.4x | 34.5x | 0.6x |
| Wed, 07 Oct 2020 | kr39.0b | kr70.4b | kr1.1b | 29.1x | 35.3x | 0.6x |
| Tue, 30 Jun 2020 | kr36.1b | kr68.4b | kr977.0m | 34.6x | 36.9x | 0.5x |
| Fri, 03 Apr 2020 | kr28.7b | kr67.2b | kr1.1b | 25.6x | 26.6x | 0.4x |
Price to Earnings Ratio
32.9x
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 31.3x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 9.1% per year over the last three years.
- Revenues for these companies have grown 5.4% 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 Market | 0.26% | |
| Industrials | -0.83% | |
| Construction | -0.75% | |
| Construction and Engineering | -0.75% | |
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 | |
|---|---|---|---|---|---|
| IWS Integrated Wind Solutions | kr35.00 | 1.7% +kr388.3m | -5.4% | PS6.5x |