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Norwegian (OSEAX) Construction Industry Analysis

UpdatedAug 23, 2026
DataAggregated Company Financials
Companies11
  • 7D0.9%
  • 3M2.6%
  • 1Y9.4%
  • YTD7.6%

Last week, the Construction industry hasn't moved much but Cadeler is up 3.7% in that time. As for the the longer term, the industry is up 9.4% over the past 12 months. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Aug 2026NOK 103.4bNOK 132.0bNOK 7.4b16.3x13.9x0.8x
Tue, 21 Jul 2026NOK 100.1bNOK 130.8bNOK 7.3b17.8x13.7x0.8x
Thu, 18 Jun 2026NOK 97.0bNOK 130.8bNOK 7.3b18.3x13.3x0.7x
Sat, 16 May 2026NOK 101.0bNOK 129.9bNOK 7.3b17.6x13.8x0.8x
Mon, 13 Apr 2026NOK 103.3bNOK 130.5bNOK 7.6b17.2x13.6x0.8x
Wed, 11 Mar 2026NOK 97.7bNOK 129.6bNOK 7.5b16.8x13.1x0.8x
Fri, 06 Feb 2026NOK 96.5bNOK 127.8bNOK 6.5b15.1x14.8x0.8x
Sun, 04 Jan 2026NOK 93.3bNOK 128.0bNOK 6.6b15.6x14.2x0.7x
Tue, 02 Dec 2025NOK 89.2bNOK 128.0bNOK 6.6b14.4x13.5x0.7x
Thu, 30 Oct 2025NOK 89.5bNOK 125.5bNOK 5.8b14.4x15.3x0.7x
Sat, 27 Sep 2025NOK 90.1bNOK 125.5bNOK 5.9b14.7x15.4x0.7x
Mon, 25 Aug 2025NOK 91.4bNOK 122.5bNOK 3.9b17.2x23.7x0.7x
Wed, 23 Jul 2025NOK 90.4bNOK 120.9bNOK 2.6b18.1x34.4x0.7x
Fri, 20 Jun 2025NOK 87.1bNOK 110.3bNOK 2.1b17.7x40.9x0.8x
Sun, 18 May 2025NOK 78.7bNOK 109.4bNOK 1.8b22.2x44.4x0.7x
Tue, 15 Apr 2025NOK 76.7bNOK 107.8bNOK 1.5b22.5x50.4x0.7x
Thu, 13 Mar 2025NOK 76.0bNOK 106.9bNOK 844.2m23.8x90x0.7x
Sat, 08 Feb 2025NOK 74.3bNOK 94.2bNOK 1.2b34.5x63.8x0.8x
Mon, 06 Jan 2025NOK 76.9bNOK 94.2bNOK 1.2b34.1x66x0.8x
Wed, 04 Dec 2024NOK 74.3bNOK 94.2bNOK 1.2b33.1x63.7x0.8x
Fri, 01 Nov 2024NOK 72.2bNOK 93.2bNOK 681.3m28.5x105.9x0.8x
Sun, 29 Sep 2024NOK 68.9bNOK 92.8bNOK 698.0m25.7x98.8x0.7x
Tue, 27 Aug 2024NOK 69.5bNOK 92.1bNOK 1.8b25.1x38.5x0.8x
Thu, 25 Jul 2024NOK 69.2bNOK 92.2bNOK 1.6b26.7x42.2x0.8x
Sat, 22 Jun 2024NOK 66.2bNOK 92.1bNOK 1.7b26.8x39.9x0.7x
Mon, 20 May 2024NOK 62.4bNOK 92.1bNOK 2.0b25.4x30.9x0.7x
Wed, 17 Apr 2024NOK 58.9bNOK 92.3bNOK 2.0b23.9x29.7x0.6x
Fri, 15 Mar 2024NOK 57.4bNOK 91.7bNOK 743.5m18x77.3x0.6x
Sun, 11 Feb 2024NOK 52.9bNOK 91.4bNOK 523.1m15.7x101.1x0.6x
Tue, 09 Jan 2024NOK 53.9bNOK 90.2b-NOK 66,219,537.0013x-814.3x0.6x
Thu, 07 Dec 2023NOK 45.0bNOK 81.8bNOK 1.2b12.9x38.7x0.6x
Sat, 04 Nov 2023NOK 38.3bNOK 81.5bNOK 1.3b12.4x30.5x0.5x
Mon, 02 Oct 2023NOK 38.5bNOK 81.4bNOK 1.3b12.6x30.6x0.5x
Wed, 30 Aug 2023NOK 39.0bNOK 81.0bNOK 1.1b19.1x35.9x0.5x
Price to Earnings Ratio

35.9x


Total Market Cap: NOK 39.0bTotal Earnings: NOK 1.1bTotal Revenue: NOK 81.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 19.5x202420252026
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 13.9x which is lower than its 3-year average PE of 19.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 90% 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 Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market0.49%
Industrials-2.34%
Construction0.92%
Construction and Engineering0.92%
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 56.303.7%
+NOK 771.8m		0%PE7.4x
VEI VeidekkeNOK 203.001.9%
+NOK 514.8m		25.3%PE16.3x
MORLD MoreldNOK 23.906.7%
+NOK 269.3m		29.9%PE43x
NORCO NorconsultNOK 39.000.6%
+NOK 183.1m		-14.8%PE20.1x
NRC NRC GroupNOK 8.400.6%
+NOK 8.6m		20.0%PE85.3x

Latest News

NORCO
NOK 39.00
Norconsult
7D
0.6%
1Y
-14.8%
MULTI
NOK 146.60
Multiconsult
7D
-3.7%
1Y
-17.9%
Analysis Article • Aug 21

Multiconsult ASA Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on Multiconsult ASA ( OB:MULTI ), given that the company fell short of...
MORLD
NOK 23.90
Moreld
7D
6.7%
1Y
29.9%
AFG
NOK 190.80
AF Gruppen
7D
-1.3%
1Y
17.9%
VEI
NOK 203.00
Veidekke
7D
1.9%
1Y
25.3%
Analysis Article • Aug 18

Veidekke ASA Just Recorded A 23% EPS Beat: Here's What Analysts Are Forecasting Next

Veidekke ASA ( OB:VEI ) just released its latest quarterly results and things are looking bullish. It was overall a...
NRC
NOK 8.40
NRC Group
7D
0.6%
1Y
20.0%
Analysis Article • Aug 16

NRC Group ASA Just Missed EPS By 50%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on NRC Group ASA ( OB:NRC ), given that the company fell short of...
CADLR
NOK 56.30
Cadeler
7D
3.7%
1Y
0%
ININ
NOK 2.90
Inin Group
7D
-9.4%
1Y
52.2%
OSUN
NOK 0.46
Ocean Sun
7D
-2.8%
1Y
-62.4%
IWS
NOK 54.20
Integrated Wind Solutions
7D
-2.2%
1Y
19.6%
SNTIA
NOK 78.10
Sentia
7D
-2.0%
1Y
22.0%