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Norwegian (OSEAX) Construction and Engineering Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
  • 7D-0.3%
  • 3M1.0%
  • 1Y46.2%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 1.7%, driven by a pullback from Cadeler of 4.8%. Over the past 12 months, the industry was up 46%. Looking forward, earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 70.7bNOK 93.0bNOK 836.3m28.9x84.5x0.8x
Sat, 19 Oct 2024NOK 71.2bNOK 92.9bNOK 690.2m28.4x103.1x0.8x
Mon, 16 Sep 2024NOK 67.0bNOK 92.8bNOK 694.7m25x96.4x0.7x
Wed, 14 Aug 2024NOK 67.2bNOK 92.2bNOK 1.6b26.1x40.8x0.7x
Fri, 12 Jul 2024NOK 67.8bNOK 92.1bNOK 1.7b27x41.1x0.7x
Sun, 09 Jun 2024NOK 65.4bNOK 92.1bNOK 1.7b26.3x39.6x0.7x
Tue, 07 May 2024NOK 62.2bNOK 92.2bNOK 2.0b24.3x31.4x0.7x
Thu, 04 Apr 2024NOK 59.5bNOK 92.3bNOK 2.0b22.9x30.1x0.6x
Sat, 02 Mar 2024NOK 57.1bNOK 91.7bNOK 747.6m18.2x76.4x0.6x
Mon, 29 Jan 2024NOK 53.4bNOK 90.2b-NOK 72,727,244.0014.3x-734x0.6x
Wed, 27 Dec 2023NOK 53.7bNOK 81.7bNOK 1.1b21.7x47.2x0.7x
Fri, 24 Nov 2023NOK 43.4bNOK 81.9bNOK 1.3b12.5x33.9x0.5x
Sun, 22 Oct 2023NOK 36.5bNOK 81.5bNOK 1.3b12.1x28.7x0.4x
Tue, 19 Sep 2023NOK 38.5bNOK 81.2bNOK 1.3b13.1x29.4x0.5x
Thu, 17 Aug 2023NOK 42.2bNOK 80.2bNOK 1.2b18.3x35.9x0.5x
Sat, 15 Jul 2023NOK 42.6bNOK 80.2bNOK 1.2b17.5x36.4x0.5x
Mon, 12 Jun 2023NOK 43.2bNOK 80.2bNOK 1.2b18.7x36.7x0.5x
Wed, 10 May 2023NOK 44.8bNOK 78.5bNOK 1.4b16.9x31.3x0.6x
Fri, 07 Apr 2023NOK 43.6bNOK 78.5bNOK 1.4b16.9x30.5x0.6x
Sun, 05 Mar 2023NOK 45.9bNOK 78.0bNOK 1.2b17.3x39.4x0.6x
Tue, 31 Jan 2023NOK 41.4bNOK 76.5bNOK 1.4b32.5x29.1x0.5x
Thu, 29 Dec 2022NOK 39.2bNOK 76.4bNOK 1.4b31.1x27.5x0.5x
Sat, 26 Nov 2022NOK 38.5bNOK 76.4bNOK 1.4b33.6x27.1x0.5x
Mon, 24 Oct 2022NOK 36.5bNOK 74.6bNOK 1.5b25.6x24.5x0.5x
Wed, 21 Sep 2022NOK 37.7bNOK 74.6bNOK 1.5b27.3x25.3x0.5x
Fri, 19 Aug 2022NOK 42.1bNOK 72.9bNOK 1.4b51.6x30.6x0.6x
Sun, 17 Jul 2022NOK 39.9bNOK 72.9bNOK 1.4b45x29.2x0.5x
Tue, 14 Jun 2022NOK 39.1bNOK 72.9bNOK 1.4b41.4x28.6x0.5x
Thu, 12 May 2022NOK 44.5bNOK 72.1bNOK 1.5b18.9x30.7x0.6x
Sat, 09 Apr 2022NOK 47.8bNOK 72.1bNOK 1.5b20.8x31.7x0.7x
Mon, 07 Mar 2022NOK 47.8bNOK 71.9bNOK 1.4b19.7x33.8x0.7x
Wed, 02 Feb 2022NOK 48.2bNOK 71.3bNOK 1.7b19.3x28.8x0.7x
Fri, 31 Dec 2021NOK 50.3bNOK 71.3bNOK 1.7b19.5x30.1x0.7x
Sun, 28 Nov 2021NOK 49.1bNOK 71.3bNOK 1.7b19.1x29.5x0.7x
Price to Earnings Ratio

29.5x


Total Market Cap: NOK 49.1bTotal Earnings: NOK 1.7bTotal Revenue: NOK 71.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction and Engineering Industry Price to Earnings3Y Average 17.7x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Construction and Engineering industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 83.8x which is higher than its 3-year average PE of 17.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.2% 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 Comparison

How does Norwegian Construction and Engineering compare with similar industries?

NO Market3.06%
Industrials1.85%
Construction-0.28%
Construction and Engineering-0.28%
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 39.753.5%
+NOK 389.4m		110.3%PE31.2x
ARGEO ArgeoNOK 14.8614.8%
+NOK 85.3m		-2.6%PS1.9x
NRC NRC GroupNOK 3.7512.3%
+NOK 70.9m		-71.7%PS0.1x
AFG AF GruppenNOK 134.400.3%
+NOK 43.6m		18.9%PE28.9x
ININ Inin GroupNOK 3.426.9%
+NOK 28.3m		11.8%PS0.3x
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Latest News

NORCO

NOK 39.75

Norconsult

7D

3.5%

1Y

110.3%

There May Be Some Bright Spots In Norconsult's (OB:NORCO) Earnings

Nov 21
There May Be Some Bright Spots In Norconsult's (OB:NORCO) Earnings

AFG

NOK 134.40

AF Gruppen

7D

0.3%

1Y

18.9%

VEI

NOK 132.00

Veidekke

7D

-0.5%

1Y

31.2%

Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

Nov 10
Analyst Estimates: Here's What Brokers Think Of Veidekke ASA (OB:VEI) After Its Third-Quarter Report

OSUN

NOK 1.78

Ocean Sun

7D

-1.4%

1Y

-54.9%

NRC

NOK 3.75

NRC Group

7D

12.3%

1Y

-71.7%

ARGEO

NOK 14.86

Argeo

7D

14.8%

1Y

-2.6%

Argeo ASA (OB:ARGEO) Looks Just Right With A 32% Price Jump

Nov 07
Argeo ASA (OB:ARGEO) Looks Just Right With A 32% Price Jump

ININ

NOK 3.42

Inin Group

7D

6.9%

1Y

11.8%

IWS

NOK 46.80

Integrated Wind Solutions

7D

-5.3%

1Y

4.5%

CADLR

NOK 65.70

Cadeler

7D

-2.7%

1Y

97.2%