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Norwegian (OSEAX) Construction Industry Analysis

UpdatedAug 16, 2024
DataAggregated Company Financials
Companies9
  • 7D2.9%
  • 3M9.8%
  • 1Y27.3%
  • YTD26.8%

Last week, the Construction industry hasn't moved much but Veidekke is up 5.1% in that time. The past year has been better, since the industry has gained 21% in that time. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Aug 2024NOK 68.5bNOK 92.2bNOK 1.6b26.8x41.6x0.7x
Mon, 15 Jul 2024NOK 68.4bNOK 92.1bNOK 1.6b27.4x41.4x0.7x
Wed, 12 Jun 2024NOK 64.6bNOK 92.1bNOK 1.7b26.1x39.1x0.7x
Fri, 10 May 2024NOK 62.6bNOK 92.3bNOK 2.1b25.5x29.8x0.7x
Sun, 07 Apr 2024NOK 59.7bNOK 92.3bNOK 2.0b23.9x30.1x0.6x
Tue, 05 Mar 2024NOK 57.0bNOK 91.7bNOK 742.5m18x76.7x0.6x
Thu, 01 Feb 2024NOK 53.5bNOK 90.2b-NOK 82,807,912.0014.7x-646.1x0.6x
Sat, 30 Dec 2023NOK 54.3bNOK 80.9b-NOK 543,886,780.0017.6x-99.9x0.7x
Mon, 27 Nov 2023NOK 43.9bNOK 81.7bNOK 1.3b12.7x34.2x0.5x
Wed, 25 Oct 2023NOK 36.0bNOK 81.5bNOK 1.3b12x28.3x0.4x
Fri, 22 Sep 2023NOK 38.7bNOK 81.2bNOK 1.3b13x29.7x0.5x
Sun, 20 Aug 2023NOK 40.8bNOK 81.5bNOK 1.2b17.9x33.9x0.5x
Tue, 18 Jul 2023NOK 42.4bNOK 80.2bNOK 1.2b17.3x36.2x0.5x
Thu, 15 Jun 2023NOK 43.5bNOK 80.2bNOK 1.2b18.6x37x0.5x
Sat, 13 May 2023NOK 43.4bNOK 79.6bNOK 1.4b17.3x31.8x0.5x
Mon, 10 Apr 2023NOK 43.6bNOK 78.5bNOK 1.4b16.9x30.5x0.6x
Wed, 08 Mar 2023NOK 45.8bNOK 78.0bNOK 1.2b17.3x39.4x0.6x
Fri, 03 Feb 2023NOK 43.2bNOK 76.5bNOK 1.4b32.9x30.4x0.6x
Sun, 01 Jan 2023NOK 39.9bNOK 76.4bNOK 1.4b31.6x28x0.5x
Tue, 29 Nov 2022NOK 38.4bNOK 76.4bNOK 1.4b33.9x27x0.5x
Thu, 27 Oct 2022NOK 37.2bNOK 74.6bNOK 1.5b25.9x24.9x0.5x
Sat, 24 Sep 2022NOK 36.6bNOK 74.6bNOK 1.5b27.2x24.6x0.5x
Mon, 22 Aug 2022NOK 42.0bNOK 73.3bNOK 1.4b31.9x30.1x0.6x
Wed, 20 Jul 2022NOK 39.9bNOK 72.9bNOK 1.4b45x29.2x0.5x
Fri, 17 Jun 2022NOK 39.2bNOK 72.9bNOK 1.4b40.4x28.7x0.5x
Sun, 15 May 2022NOK 42.2bNOK 72.8bNOK 1.4b42x30.5x0.6x
Tue, 12 Apr 2022NOK 47.8bNOK 72.1bNOK 1.5b20.6x31.8x0.7x
Thu, 10 Mar 2022NOK 47.1bNOK 71.9bNOK 1.4b19.1x33.4x0.7x
Sat, 05 Feb 2022NOK 47.7bNOK 71.3bNOK 1.7b19.2x28.5x0.7x
Mon, 03 Jan 2022NOK 50.3bNOK 71.3bNOK 1.7b19.5x30.1x0.7x
Wed, 01 Dec 2021NOK 49.2bNOK 71.3bNOK 1.7b19.1x29.5x0.7x
Fri, 29 Oct 2021NOK 47.2bNOK 71.8bNOK 1.8b17.6x26.8x0.7x
Sun, 26 Sep 2021NOK 44.9bNOK 71.8bNOK 1.8b16.5x25.6x0.6x
Tue, 24 Aug 2021NOK 44.8bNOK 71.8bNOK 1.7b16.5x25.6x0.6x
Price to Earnings Ratio

25.6x


Total Market Cap: NOK 44.8bTotal Earnings: NOK 1.7bTotal Revenue: NOK 71.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 12x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.7x which is higher than its 3-year average PE of 12.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 8.7% 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 and as a result, profits have held steady.

Industry Trends

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

NO Market2.34%
Industrials3.85%
Construction2.92%
Construction and Engineering2.92%
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 70.102.8%
+NOK 666.4m		83.4%PS19.2x
VEI VeidekkeNOK 120.802.4%
+NOK 378.2m		11.2%PE12.8x
NORCO NorconsultNOK 32.302.5%
+NOK 228.6m		n/aPE27.5x
ARGEO ArgeoNOK 13.308.2%
+NOK 44.7m		-5.0%PS3.2x
NRC NRC GroupNOK 10.150.5%
+NOK 3.6m		-1.5%PS0.1x
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Latest News

NORCO

NOK 32.30

Norconsult

7D

2.5%

1Y

n/a

VEI

NOK 120.80

Veidekke

7D

2.4%

1Y

11.2%

OSUN

NOK 2.17

Ocean Sun

7D

0.5%

1Y

-63.2%

IWS

NOK 49.00

Integrated Wind Solutions

7D

-0.4%

1Y

25.6%

Is Integrated Wind Solutions (OB:IWS) A Risky Investment?

Aug 13
Is Integrated Wind Solutions (OB:IWS) A Risky Investment?

ININ

NOK 3.43

Inin Group

7D

-2.0%

1Y

2.4%

AFG

NOK 132.40

AF Gruppen

7D

-0.5%

1Y

-1.2%

ARGEO

NOK 13.30

Argeo

7D

8.2%

1Y

-5.0%

NRC

NOK 10.15

NRC Group

7D

0.5%

1Y

-1.5%

NRC Group ASA's (OB:NRC) Revenues Are Not Doing Enough For Some Investors

Jul 17
NRC Group ASA's (OB:NRC) Revenues Are Not Doing Enough For Some Investors

CADLR

NOK 70.10

Cadeler

7D

2.8%

1Y

83.4%