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Norwegian (OSEAX) Construction and Engineering Industry Analysis

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies11
  • 7D-1.7%
  • 3M-2.7%
  • 1Y7.8%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 1.7%, driven by Cadeler declining 4.4%. Over the past 12 months, the industry was up 7.8%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Jul 2026NOK 100.7bNOK 130.9bNOK 7.3b17.7x13.7x0.8x
Mon, 08 Jun 2026NOK 97.8bNOK 130.7bNOK 7.3b18.1x13.5x0.7x
Wed, 06 May 2026NOK 102.9bNOK 130.3bNOK 7.5b16.2x13.7x0.8x
Fri, 03 Apr 2026NOK 99.1bNOK 130.6bNOK 7.6b16.5x13x0.8x
Sun, 01 Mar 2026NOK 100.6bNOK 129.7bNOK 7.5b17.1x13.4x0.8x
Tue, 27 Jan 2026NOK 95.5bNOK 127.8bNOK 6.5b15.3x14.6x0.7x
Thu, 25 Dec 2025NOK 93.1bNOK 128.0bNOK 6.6b15.9x14.1x0.7x
Sat, 22 Nov 2025NOK 86.6bNOK 128.4bNOK 6.5b14.1x13.2x0.7x
Mon, 20 Oct 2025NOK 88.3bNOK 125.6bNOK 5.9b14.1x15x0.7x
Wed, 17 Sep 2025NOK 92.0bNOK 125.5bNOK 5.8b15x15.8x0.7x
Fri, 15 Aug 2025NOK 90.3bNOK 121.5bNOK 2.7b17x33.8x0.7x
Sun, 13 Jul 2025NOK 90.5bNOK 110.4bNOK 2.2b17.8x41.9x0.8x
Tue, 10 Jun 2025NOK 81.2bNOK 110.3bNOK 2.1b17.7x38.2x0.7x
Thu, 08 May 2025NOK 81.4bNOK 107.7bNOK 1.6b23.6x51.6x0.8x
Sat, 05 Apr 2025NOK 72.9bNOK 107.8bNOK 1.5b21x48.5x0.7x
Mon, 03 Mar 2025NOK 72.2bNOK 101.5bNOK 414.7m25.5x174x0.7x
Wed, 29 Jan 2025NOK 74.7bNOK 94.2bNOK 1.2b34.4x64x0.8x
Fri, 27 Dec 2024NOK 75.9bNOK 94.3bNOK 1.2b33.8x65.1x0.8x
Sun, 24 Nov 2024NOK 71.8bNOK 93.2bNOK 780.6m29.6x92x0.8x
Tue, 22 Oct 2024NOK 71.7bNOK 92.8bNOK 690.3m28x103.8x0.8x
Thu, 19 Sep 2024NOK 67.6bNOK 92.8bNOK 696.0m24.8x97.1x0.7x
Sat, 17 Aug 2024NOK 68.3bNOK 91.8bNOK 1.7b26.3x39.5x0.7x
Mon, 15 Jul 2024NOK 68.4bNOK 92.1bNOK 1.6b27.4x41.4x0.7x
Wed, 12 Jun 2024NOK 64.6bNOK 92.1bNOK 1.7b26.1x39.1x0.7x
Fri, 10 May 2024NOK 62.6bNOK 92.3bNOK 2.1b25.5x29.8x0.7x
Sun, 07 Apr 2024NOK 59.7bNOK 92.3bNOK 2.0b23.9x30.1x0.6x
Tue, 05 Mar 2024NOK 57.0bNOK 91.7bNOK 742.5m18x76.7x0.6x
Thu, 01 Feb 2024NOK 53.5bNOK 90.2b-NOK 82,807,912.0014.7x-646.1x0.6x
Sat, 30 Dec 2023NOK 54.3bNOK 80.9b-NOK 543,886,780.0017.6x-99.9x0.7x
Mon, 27 Nov 2023NOK 43.9bNOK 81.7bNOK 1.3b12.7x34.2x0.5x
Wed, 25 Oct 2023NOK 36.0bNOK 81.5bNOK 1.3b12x28.3x0.4x
Fri, 22 Sep 2023NOK 38.7bNOK 81.2bNOK 1.3b13x29.7x0.5x
Sun, 20 Aug 2023NOK 40.8bNOK 81.5bNOK 1.2b17.9x33.9x0.5x
Tue, 18 Jul 2023NOK 42.4bNOK 80.2bNOK 1.2b17.3x36.2x0.5x
Price to Earnings Ratio

36.2x


Total Market Cap: NOK 42.4bTotal Earnings: NOK 1.2bTotal Revenue: NOK 80.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction and Engineering Industry Price to Earnings3Y Average 20.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Construction and Engineering industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.7x which is lower than its 3-year average PE of 20.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have grown 84% 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 Comparison

How does Norwegian Construction and Engineering compare with similar industries?

NO Market-0.27%
Industrials-4.16%
Construction-1.70%
Construction and Engineering-1.70%
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
SNTIA SentiaNOK 81.703.3%
+NOK 260.0m		23.2%PE13.4x
MORLD MoreldNOK 19.242.3%
+NOK 79.0m		7.8%PE55.6x
AFG AF GruppenNOK 198.800.2%
+NOK 45.5m		27.1%PE19.5x

Latest News

VEI
NOK 189.20
Veidekke
7D
-2.3%
1Y
13.3%
MORLD
NOK 19.24
Moreld
7D
2.3%
1Y
7.8%
CADLR
NOK 55.00
Cadeler
7D
-4.4%
1Y
6.9%
Narrative Update • Jun 30

CADLR: Fleet Expansion And Higher P E Assumptions Will Shape Future Returns

Analysts have raised their price target on Cadeler to NOK 52.86 from NOK 45.07, citing revised assumptions for fair value, discount rate, revenue growth, profit margin and future P/E to reflect their latest assessment of the company. Analyst Commentary Analysts covering Cadeler are signalling that the new price target of NOK 52.86 reflects updated views on valuation, growth assumptions and execution risks.
OSUN
NOK 0.54
Ocean Sun
7D
-0.4%
1Y
-60.6%
NRC
NOK 8.26
NRC Group
7D
-0.4%
1Y
19.5%
AFG
NOK 198.80
AF Gruppen
7D
0.2%
1Y
27.1%
MULTI
NOK 146.80
Multiconsult
7D
-0.8%
1Y
-28.7%
Narrative Update • Jun 23

MULTI: Major Hospital Win Will Support Earnings Multiple And Upside Potential

Analysts have kept their Multiconsult fair value estimate steady at NOK 177.50, with only small tweaks to inputs such as discount rate, revenue growth, profit margin and future P/E that help to refine their price target rationale rather than shift it meaningfully. What’s in the News for Multiconsult Multiconsult, through its subsidiary LINK Arkitektur, together with Sweco and other partners, has been awarded a contract by Region Skåne to develop the programme for a new emergency hospital and hospital area in Helsingborg, Sweden.
NORCO
NOK 36.80
Norconsult
7D
-4.0%
1Y
-19.5%
Narrative Update • Jun 15

NORCO: Planned 2026 Cash Dividend Will Support Future Share Price Upside

Analysts have kept Norconsult's price target steady at around NOK 45.33, with small tweaks to the discount rate, revenue growth, profit margin assumptions, and future P/E expectations informing this unchanged view. What's in the News The Board of Directors of Norconsult ASA plans to propose a cash dividend of NOK 1.80 per share for the financial year at the Annual General Meeting on 4 May 2026.
IWS
NOK 57.40
Integrated Wind Solutions
7D
-0.3%
1Y
28.1%
ININ
NOK 2.88
Inin Group
7D
-4.0%
1Y
24.1%
SNTIA
NOK 81.70
Sentia
7D
3.3%
1Y
23.2%