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Norwegian (OSEAX) Construction and Engineering Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies11
  • 7D4.3%
  • 3M7.7%
  • 1Y22.4%
  • YTDn/a

The Construction and Engineering industry is up 4.3% in the last week, with Cadeler up 9.2%. In the last 12 months, the industry was up 22%. Earnings are forecast to grow by 6.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026NOK 103.3bNOK 130.5bNOK 7.6b17.2x13.6x0.8x
Tue, 10 Mar 2026NOK 96.4bNOK 129.6bNOK 7.5b16.5x12.9x0.7x
Thu, 05 Feb 2026NOK 97.0bNOK 127.7bNOK 6.5b15.3x14.9x0.8x
Sat, 03 Jan 2026NOK 93.3bNOK 128.0bNOK 6.6b15.6x14.2x0.7x
Mon, 01 Dec 2025NOK 89.7bNOK 127.9bNOK 6.6b14.5x13.6x0.7x
Wed, 29 Oct 2025NOK 89.0bNOK 125.5bNOK 5.8b14.6x15.2x0.7x
Fri, 26 Sep 2025NOK 90.2bNOK 125.6bNOK 5.9b15x15.4x0.7x
Sun, 24 Aug 2025NOK 91.4bNOK 122.5bNOK 3.9b17.2x23.7x0.7x
Tue, 22 Jul 2025NOK 90.2bNOK 121.0bNOK 2.6b18x34.3x0.7x
Thu, 19 Jun 2025NOK 87.0bNOK 110.2bNOK 2.1b17.8x41x0.8x
Sat, 17 May 2025NOK 78.7bNOK 109.4bNOK 1.8b22.2x44.4x0.7x
Mon, 14 Apr 2025NOK 75.3bNOK 107.9bNOK 1.5b22.1x49.3x0.7x
Wed, 12 Mar 2025NOK 75.2bNOK 106.9bNOK 844.8m23.6x89.1x0.7x
Fri, 07 Feb 2025NOK 73.7bNOK 94.2bNOK 1.2b34.3x63.3x0.8x
Sun, 05 Jan 2025NOK 76.9bNOK 94.2bNOK 1.2b34.1x66x0.8x
Tue, 03 Dec 2024NOK 74.0bNOK 94.2bNOK 1.2b33x63.4x0.8x
Thu, 31 Oct 2024NOK 72.2bNOK 93.1bNOK 683.0m28.5x105.7x0.8x
Sat, 28 Sep 2024NOK 68.9bNOK 92.8bNOK 698.0m25.7x98.8x0.7x
Mon, 26 Aug 2024NOK 69.3bNOK 92.1bNOK 1.8b24.8x38.4x0.8x
Wed, 24 Jul 2024NOK 69.4bNOK 92.2bNOK 1.6b27.1x42.2x0.8x
Fri, 21 Jun 2024NOK 65.7bNOK 92.1bNOK 1.7b26.7x39.6x0.7x
Sun, 19 May 2024NOK 62.4bNOK 92.1bNOK 2.1b25.4x30.2x0.7x
Tue, 16 Apr 2024NOK 58.9bNOK 92.3bNOK 2.0b23.9x29.7x0.6x
Thu, 14 Mar 2024NOK 56.9bNOK 91.7bNOK 751.6m17.8x75.7x0.6x
Sat, 10 Feb 2024NOK 52.9bNOK 90.1bNOK 538.1m15.7x98.3x0.6x
Mon, 08 Jan 2024NOK 53.5bNOK 90.2b-NOK 60,746,576.0013.3x-881.2x0.6x
Wed, 06 Dec 2023NOK 44.5bNOK 81.8bNOK 1.2b12.9x38.3x0.5x
Fri, 03 Nov 2023NOK 38.2bNOK 81.5bNOK 1.3b12.5x30.4x0.5x
Sun, 01 Oct 2023NOK 38.5bNOK 81.4bNOK 1.3b12.6x30.6x0.5x
Tue, 29 Aug 2023NOK 39.1bNOK 81.0bNOK 1.1b18.9x35.9x0.5x
Thu, 27 Jul 2023NOK 42.5bNOK 80.2bNOK 1.2b17.7x36.3x0.5x
Sat, 24 Jun 2023NOK 42.3bNOK 80.3bNOK 1.2b18.2x35.8x0.5x
Mon, 22 May 2023NOK 42.8bNOK 80.2bNOK 1.2b18.7x35.6x0.5x
Wed, 19 Apr 2023NOK 45.3bNOK 78.5bNOK 1.4b17.8x31.7x0.6x
Price to Earnings Ratio

31.7x


Total Market Cap: NOK 45.3bTotal Earnings: NOK 1.4bTotal Revenue: NOK 78.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction and Engineering Industry Price to Earnings3Y Average 22.1x202420252026
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 13.6x which is lower than its 3-year average PE of 22.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have grown 74% 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-0.88%
Industrials-0.089%
Construction4.29%
Construction and Engineering4.29%
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
CADLR CadelerNOK 61.909.2%
+NOK 2.0b		17.3%PE7.6x
VEI VeidekkeNOK 197.004.1%
+NOK 1.1b		37.4%PE17.2x
AFG AF GruppenNOK 177.802.5%
+NOK 499.8m		32.3%PE18.5x
SNTIA SentiaNOK 77.905.6%
+NOK 411.8m		n/aPE13.9x
MULTI MulticonsultNOK 164.603.5%
+NOK 154.3m		-2.6%PE17.9x

Latest News

MULTI
NOK 164.60
Multiconsult
7D
3.5%
1Y
-2.6%
CADLR
NOK 61.90
Cadeler
7D
9.2%
1Y
17.3%

CADLR: Mixed Broker Views And Taiwan Contracts Will Shape Future Earnings Profile

Analysts have trimmed their Cadeler price target to about NOK 67 from around NOK 68, reflecting slightly lower fair value and profit margin assumptions, partly offset by a modestly lower discount rate and a higher future P/E multiple, along with mixed recent broker ratings. Analyst Commentary Recent research on Cadeler shows a split view, with some bullish analysts turning more positive on the shares and bearish analysts taking a more cautious stance on upside from current levels.
NORCO
NOK 41.40
Norconsult
7D
-0.7%
1Y
-4.1%
IWS
NOK 59.00
Integrated Wind Solutions
7D
1.2%
1Y
43.9%
MORLD
NOK 17.98
Moreld
7D
3.7%
1Y
56.3%
SNTIA
NOK 77.90
Sentia
7D
5.6%
1Y
n/a
NRC
NOK 8.03
NRC Group
7D
5.0%
1Y
67.6%
AFG
NOK 177.80
AF Gruppen
7D
2.5%
1Y
32.3%
VEI
NOK 197.00
Veidekke
7D
4.1%
1Y
37.4%