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Norwegian (OSEAX) Construction Industry Analysis

UpdatedSep 01, 2026
DataAggregated Company Financials
Companies11
  • 7D3.7%
  • 3M9.7%
  • 1Y15.2%
  • YTD11.3%

All of the companies in the Construction industry have been up over the last week, with the industry up 4.7%. This means that the industry has gained 16% over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 01 Sep 2026NOK 107.0bNOK 134.4bNOK 6.8b16.9x15.7x0.8x
Thu, 30 Jul 2026NOK 98.3bNOK 130.8bNOK 7.3b18.1x13.5x0.8x
Sat, 27 Jun 2026NOK 99.0bNOK 131.0bNOK 7.4b17.5x13.4x0.8x
Mon, 25 May 2026NOK 100.5bNOK 130.6bNOK 7.2b18.2x13.9x0.8x
Wed, 22 Apr 2026NOK 101.4bNOK 130.4bNOK 7.5b16.4x13.5x0.8x
Fri, 20 Mar 2026NOK 96.1bNOK 129.5bNOK 7.4b16.7x13x0.7x
Sun, 15 Feb 2026NOK 98.1bNOK 127.8bNOK 7.0b15.8x14x0.8x
Tue, 13 Jan 2026NOK 93.4bNOK 127.9bNOK 6.6b15.3x14.2x0.7x
Thu, 11 Dec 2025NOK 90.1bNOK 128.0bNOK 6.6b14.7x13.7x0.7x
Sat, 08 Nov 2025NOK 86.9bNOK 126.6bNOK 6.1b13.5x14.3x0.7x
Mon, 06 Oct 2025NOK 91.3bNOK 125.5bNOK 5.9b14.5x15.6x0.7x
Wed, 03 Sep 2025NOK 89.3bNOK 125.2bNOK 5.8b14.6x15.3x0.7x
Fri, 01 Aug 2025NOK 90.8bNOK 121.0bNOK 2.6b18.1x34.6x0.8x
Sun, 29 Jun 2025NOK 87.5bNOK 110.4bNOK 2.2b17.3x40.6x0.8x
Tue, 27 May 2025NOK 78.6bNOK 110.3bNOK 2.1b16.9x37x0.7x
Thu, 24 Apr 2025NOK 77.3bNOK 107.8bNOK 1.5b22.4x51x0.7x
Sat, 22 Mar 2025NOK 79.0bNOK 106.9bNOK 842.4m24.3x93.7x0.7x
Mon, 17 Feb 2025NOK 75.8bNOK 100.9bNOK 958.6m34.8x79x0.8x
Wed, 15 Jan 2025NOK 72.8bNOK 94.2bNOK 1.2b34.1x62.5x0.8x
Fri, 13 Dec 2024NOK 73.2bNOK 94.2bNOK 1.2b32.6x62.8x0.8x
Sun, 10 Nov 2024NOK 71.3bNOK 92.7bNOK 679.4m30.4x105x0.8x
Tue, 08 Oct 2024NOK 70.8bNOK 92.8bNOK 697.4m26.4x101.5x0.8x
Thu, 05 Sep 2024NOK 66.2bNOK 92.7bNOK 679.9m24.8x97.3x0.7x
Sat, 03 Aug 2024NOK 66.6bNOK 92.2bNOK 1.6b26.1x40.5x0.7x
Mon, 01 Jul 2024NOK 67.3bNOK 92.1bNOK 1.7b26.3x40.7x0.7x
Wed, 29 May 2024NOK 64.8bNOK 92.1bNOK 2.0b26.4x32.2x0.7x
Fri, 26 Apr 2024NOK 59.4bNOK 92.3bNOK 2.0b23.1x30x0.6x
Sun, 24 Mar 2024NOK 57.6bNOK 91.8bNOK 723.0m19.1x79.7x0.6x
Tue, 20 Feb 2024NOK 53.7bNOK 91.3bNOK 335.2m15.4x160.2x0.6x
Thu, 18 Jan 2024NOK 53.2bNOK 90.2b-NOK 82,555,765.0013.4x-644.7x0.6x
Sat, 16 Dec 2023NOK 46.7bNOK 81.7bNOK 1.1b12.9x40.7x0.6x
Mon, 13 Nov 2023NOK 43.4bNOK 82.3bNOK 1.3b12.3x34.1x0.5x
Wed, 11 Oct 2023NOK 38.3bNOK 81.4bNOK 1.3b12.6x30.4x0.5x
Fri, 08 Sep 2023NOK 38.2bNOK 81.2bNOK 1.3b12.8x29.3x0.5x
Price to Earnings Ratio

29.3x


Total Market Cap: NOK 38.2bTotal Earnings: NOK 1.3bTotal Revenue: NOK 81.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 19.4x202420252026
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 15.9x which is lower than its 3-year average PE of 19.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 73% 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 Market1.44%
Industrials2.22%
Construction3.73%
Construction and Engineering3.73%
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
VEI VeidekkeNOK 210.004.0%
+NOK 1.1b		33.1%PE16.9x
SNTIA SentiaNOK 86.5011.2%
+NOK 877.7m		29.9%PE14.3x
CADLR CadelerNOK 58.403.0%
+NOK 656.0m		12.4%PE10.4x
AFG AF GruppenNOK 196.402.5%
+NOK 545.8m		21.1%PE18.3x
IWS Integrated Wind SolutionsNOK 59.209.2%
+NOK 199.8m		22.1%PE10.5x

Latest News

IWS
NOK 59.20
Integrated Wind Solutions
7D
9.2%
1Y
22.1%
SNTIA
NOK 86.50
Sentia
7D
11.2%
1Y
29.9%
Analysis Article • Aug 30

Sentia ASA (OB:SNTIA) Released Earnings Last Week And Analysts Lifted Their Price Target To kr92.33

It's been a pretty great week for Sentia ASA ( OB:SNTIA ) shareholders, with its shares surging 11% to kr86.80 in the...
AFG
NOK 196.40
AF Gruppen
7D
2.5%
1Y
21.1%
MORLD
NOK 24.65
Moreld
7D
2.7%
1Y
35.7%
New Narrative • Aug 28

Subsea Tiebacks And Brazil Expansion Will Support Long Term Earnings Resilience

Catalysts About Moreld Moreld is a full-scale offshore service provider focused on engineering, subsea installation, maintenance and marine engineering through Ocean Installer, Moreld Apply and Global Maritime. What are the underlying business or industry changes driving this perspective?
CADLR
NOK 58.40
Cadeler
7D
3.0%
1Y
12.4%
Narrative Update • Aug 26

CADLR: Fleet And Foundation Buildout Versus Execution Risks Will Shape Future Returns

Analysts have lifted their price target for Cadeler from NOK 52.86 to NOK 55.10, citing updated assumptions on higher revenue growth, stronger profit margins, a lower discount rate, and a reduced future P/E multiple in their models. Analyst Commentary on Cadeler Recent research views on Cadeler highlight both the potential for growth and the risks that could limit upside.
NORCO
NOK 38.65
Norconsult
7D
0.8%
1Y
-16.2%
VEI
NOK 210.00
Veidekke
7D
4.0%
1Y
33.1%
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 9.20
NRC Group
7D
12.5%
1Y
21.1%
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...