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Norwegian (OSEAX) Construction Industry Analysis

UpdatedAug 31, 2025
DataAggregated Company Financials
Companies11
  • 7D-1.1%
  • 3M4.3%
  • 1Y7.9%
  • YTD2.1%

Over the last 7 days, the Construction industry has dropped 1.1%, driven by Cadeler declining 6.4%. In the past year, the industry has gained 7.9%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 Aug 2025NOK 90.4bNOK 125.2bNOK 5.9b15x15.4x0.7x
Tue, 29 Jul 2025NOK 91.7bNOK 120.9bNOK 2.6b18.3x34.9x0.8x
Thu, 26 Jun 2025NOK 87.1bNOK 110.4bNOK 2.2b17.6x40.5x0.8x
Sat, 24 May 2025NOK 79.3bNOK 110.3bNOK 2.1b17.1x37.4x0.7x
Mon, 21 Apr 2025NOK 78.2bNOK 107.8bNOK 1.5b22.7x51.5x0.7x
Wed, 19 Mar 2025NOK 78.7bNOK 106.9bNOK 844.3m24.9x93.2x0.7x
Fri, 14 Feb 2025NOK 72.5bNOK 94.2bNOK 1.1b35.1x68.5x0.8x
Sun, 12 Jan 2025NOK 75.6bNOK 94.2bNOK 1.2b34.9x65x0.8x
Tue, 10 Dec 2024NOK 74.3bNOK 94.2bNOK 1.2b33x63.6x0.8x
Thu, 07 Nov 2024NOK 69.8bNOK 93.1bNOK 682.1m28.7x102.4x0.7x
Sat, 05 Oct 2024NOK 70.3bNOK 92.8bNOK 697.1m25.5x100.8x0.8x
Mon, 02 Sep 2024NOK 68.6bNOK 92.7bNOK 682.0m25.7x100.6x0.7x
Wed, 31 Jul 2024NOK 69.0bNOK 92.2bNOK 1.6b27.1x42x0.7x
Fri, 28 Jun 2024NOK 67.0bNOK 92.1bNOK 1.7b26.3x40.5x0.7x
Sun, 26 May 2024NOK 65.0bNOK 92.1bNOK 2.0b26.4x32.4x0.7x
Tue, 23 Apr 2024NOK 58.2bNOK 92.3bNOK 2.0b23.3x29.4x0.6x
Thu, 21 Mar 2024NOK 57.4bNOK 91.8bNOK 742.4m18x77.3x0.6x
Sat, 17 Feb 2024NOK 53.5bNOK 91.4bNOK 526.8m15.4x101.6x0.6x
Mon, 15 Jan 2024NOK 54.0bNOK 90.2b-NOK 59,262,986.0013.7x-911.9x0.6x
Wed, 13 Dec 2023NOK 45.4bNOK 81.8bNOK 1.2b12.8x39x0.6x
Fri, 10 Nov 2023NOK 38.6bNOK 82.4bNOK 1.3b12.6x29.8x0.5x
Sun, 08 Oct 2023NOK 37.9bNOK 81.5bNOK 1.3b12.4x30x0.5x
Tue, 05 Sep 2023NOK 39.0bNOK 81.2bNOK 1.3b12.9x29.8x0.5x
Thu, 03 Aug 2023NOK 41.9bNOK 80.2bNOK 1.2b17.7x35.8x0.5x
Sat, 01 Jul 2023NOK 43.0bNOK 80.2bNOK 1.2b17.8x36.4x0.5x
Mon, 29 May 2023NOK 42.7bNOK 80.3bNOK 1.2b18.7x35.4x0.5x
Wed, 26 Apr 2023NOK 45.6bNOK 78.5bNOK 1.4b17.8x31.8x0.6x
Fri, 24 Mar 2023NOK 43.1bNOK 78.0bNOK 1.2b16.4x37x0.6x
Sun, 19 Feb 2023NOK 44.8bNOK 77.7bNOK 1.5b31.6x28.9x0.6x
Tue, 17 Jan 2023NOK 41.2bNOK 76.5bNOK 1.4b31.4x29x0.5x
Thu, 15 Dec 2022NOK 39.9bNOK 76.4bNOK 1.4b32x28.1x0.5x
Sat, 12 Nov 2022NOK 38.5bNOK 75.2bNOK 1.5b33.3x25.6x0.5x
Mon, 10 Oct 2022NOK 35.5bNOK 74.6bNOK 1.5b25.8x23.8x0.5x
Wed, 07 Sep 2022NOK 39.4bNOK 74.6bNOK 1.5b28.2x26.2x0.5x
Price to Earnings Ratio

26.2x


Total Market Cap: NOK 39.4bTotal Earnings: NOK 1.5bTotal Revenue: NOK 74.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 25.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Construction 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 15.4x which is lower than its 3-year average PE of 25.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 57% per year over the last three years.
  • Revenues for these companies have grown 19% 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-0.74%
Industrials-0.37%
Construction-1.12%
Construction and Engineering-1.12%
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 67.154.9%
+NOK 316.3m		n/aPE15x
IWS Integrated Wind SolutionsNOK 48.216.4%
+NOK 116.1m		-9.9%PE12.9x
NORCO NorconsultNOK 46.150.8%
+NOK 108.6m		30.6%PE22.9x
ININ Inin GroupNOK 2.3322.3%
+NOK 54.5m		-31.5%PS0.2x
AFG AF GruppenNOK 162.200.2%
+NOK 43.7m		30.2%PE18x

Latest News

AFG
NOK 162.20
AF Gruppen
7D
0.2%
1Y
30.2%
CADLR
NOK 52.70
Cadeler
7D
-6.4%
1Y
-25.0%

Cadeler A/S Just Beat Revenue By 61%: Here's What Analysts Think Will Happen Next

Aug 29
Cadeler A/S Just Beat Revenue By 61%: Here's What Analysts Think Will Happen Next
OSUN
NOK 1.28
Ocean Sun
7D
5.3%
1Y
-31.7%
IWS
NOK 48.21
Integrated Wind Solutions
7D
6.4%
1Y
-9.9%
SNTIA
NOK 67.15
Sentia
7D
4.9%
1Y
n/a
NORCO
NOK 46.15
Norconsult
7D
0.8%
1Y
30.6%

Expanding Infrastructure And Renewable Energy Will Shape Future Markets

A higher net profit margin and a slightly increased future P/E multiple have supported an upward revision in Norconsult’s consensus analyst price target from NOK49.17 to NOK51.50. What's in the News Norconsult was selected by HENT to provide major engineering consultancy services for the construction of NRK's new media house in Oslo, a NOK 100 million contract, with completion expected by 2029.
VEI
NOK 159.20
Veidekke
7D
-1.7%
1Y
28.8%
MULTI
NOK 178.50
Multiconsult
7D
0%
1Y
-2.7%
NRC
NOK 7.18
NRC Group
7D
2.6%
1Y
34.5%
MORLD
NOK 18.10
Moreld
7D
-1.6%
1Y
n/a
ININ
NOK 2.33
Inin Group
7D
22.3%
1Y
-31.5%