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Norwegian (OSEAX) Construction Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies11
  • 7D-0.04%
  • 3M0.8%
  • 1Y13.4%
  • YTD2.1%

Over the last 7 days, the Construction industry has dropped 1.8%, driven by a pullback from AF Gruppen of 2.9%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 6.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026NOK 96.1bNOK 130.5bNOK 7.6b16.4x12.7x0.7x
Fri, 27 Feb 2026NOK 99.5bNOK 129.7bNOK 7.5b16.9x13.3x0.8x
Sun, 25 Jan 2026NOK 95.2bNOK 127.8bNOK 6.5b15.3x14.6x0.7x
Tue, 23 Dec 2025NOK 92.0bNOK 128.0bNOK 6.6b15.7x13.9x0.7x
Thu, 20 Nov 2025NOK 87.0bNOK 127.5bNOK 6.1b14x14.3x0.7x
Sat, 18 Oct 2025NOK 88.3bNOK 125.6bNOK 5.9b14.1x15x0.7x
Mon, 15 Sep 2025NOK 91.6bNOK 125.5bNOK 5.8b14.3x15.7x0.7x
Wed, 13 Aug 2025NOK 91.0bNOK 121.0bNOK 2.6b17x34.5x0.8x
Fri, 11 Jul 2025NOK 90.4bNOK 110.4bNOK 2.2b17.8x42x0.8x
Sun, 08 Jun 2025NOK 81.2bNOK 110.3bNOK 2.1b17.7x38.2x0.7x
Tue, 06 May 2025NOK 84.1bNOK 107.7bNOK 1.6b25.3x53.2x0.8x
Thu, 03 Apr 2025NOK 77.0bNOK 107.6bNOK 1.5b23x52.2x0.7x
Sat, 01 Mar 2025NOK 71.4bNOK 101.4bNOK 429.4m25.5x166.3x0.7x
Mon, 27 Jan 2025NOK 74.6bNOK 94.2bNOK 1.2b35.2x64x0.8x
Wed, 25 Dec 2024NOK 75.9bNOK 94.3bNOK 1.2b33.8x65.1x0.8x
Fri, 22 Nov 2024NOK 71.4bNOK 93.2bNOK 779.4m28.9x91.6x0.8x
Sun, 20 Oct 2024NOK 71.2bNOK 92.9bNOK 690.2m28.4x103.1x0.8x
Tue, 17 Sep 2024NOK 67.1bNOK 92.8bNOK 695.8m25.5x96.4x0.7x
Thu, 15 Aug 2024NOK 67.1bNOK 92.2bNOK 1.6b25.8x40.7x0.7x
Sat, 13 Jul 2024NOK 68.4bNOK 92.1bNOK 1.6b27.4x41.4x0.7x
Mon, 10 Jun 2024NOK 65.4bNOK 92.1bNOK 1.7b26.3x39.6x0.7x
Wed, 08 May 2024NOK 63.5bNOK 92.2bNOK 2.0b25.1x32x0.7x
Fri, 05 Apr 2024NOK 60.2bNOK 92.3bNOK 2.0b23.2x30.4x0.7x
Sun, 03 Mar 2024NOK 57.2bNOK 91.7bNOK 747.6m18.2x76.4x0.6x
Tue, 30 Jan 2024NOK 53.6bNOK 90.2b-NOK 73,735,834.0014.3x-727.5x0.6x
Thu, 28 Dec 2023NOK 53.8bNOK 81.7bNOK 1.1b22.1x47.4x0.7x
Sat, 25 Nov 2023NOK 43.9bNOK 81.9bNOK 1.3b12.7x34.3x0.5x
Mon, 23 Oct 2023NOK 36.5bNOK 81.5bNOK 1.3b12.1x28.7x0.4x
Wed, 20 Sep 2023NOK 38.9bNOK 81.2bNOK 1.3b13.2x29.8x0.5x
Fri, 18 Aug 2023NOK 41.2bNOK 80.2bNOK 1.2b17.9x35x0.5x
Sun, 16 Jul 2023NOK 42.6bNOK 80.2bNOK 1.2b17.5x36.4x0.5x
Tue, 13 Jun 2023NOK 43.6bNOK 80.2bNOK 1.2b19x37x0.5x
Thu, 11 May 2023NOK 44.9bNOK 78.5bNOK 1.4b16.8x31.4x0.6x
Sat, 08 Apr 2023NOK 43.6bNOK 78.5bNOK 1.4b16.9x30.5x0.6x
Price to Earnings Ratio

30.5x


Total Market Cap: NOK 43.6bTotal Earnings: NOK 1.4bTotal Revenue: NOK 78.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Construction Industry Price to Earnings3Y Average 22.3x202420252026
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 12.4x which is lower than its 3-year average PE of 22.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Construction 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 Trends

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

NO Market5.15%
Industrials2.60%
Construction-0.044%
Construction and Engineering-0.044%
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
NORCO NorconsultNOK 41.705.2%
+NOK 636.1m		-5.9%PE19.9x
SNTIA SentiaNOK 73.804.8%
+NOK 338.4m		n/aPE13.2x
MORLD MoreldNOK 17.347.4%
+NOK 213.0m		27.3%PE10.8x
MULTI MulticonsultNOK 159.000.3%
+NOK 13.8m		-12.4%PE17.3x

Latest News

NORCO
NOK 41.70
Norconsult
7D
5.2%
1Y
-5.9%
CADLR
NOK 56.70
Cadeler
7D
-3.1%
1Y
9.9%

Cadeler (OB:CADLR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Mar 31
Cadeler (OB:CADLR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
OSUN
NOK 1.41
Ocean Sun
7D
-3.1%
1Y
8.5%
MULTI
NOK 159.00
Multiconsult
7D
0.3%
1Y
-12.4%

MULTI: Defence And Water Contracts Plus CEO Transition Will Support Steady Outlook

Analysts have kept their NOK 170 price target for Multiconsult unchanged, citing only very small adjustments in assumptions such as the discount rate, revenue growth, profit margin and future P/E as reasons for maintaining their view. What's in the News Multiconsult Norge AS is nominated for contract C06141 with the Norwegian Defence Estates Agency for security classified multidisciplinary design and consultancy services for technically complex facilities across Norway.
ININ
NOK 2.82
Inin Group
7D
-4.1%
1Y
0.4%
IWS
NOK 58.30
Integrated Wind Solutions
7D
-4.9%
1Y
42.2%
MORLD
NOK 17.34
Moreld
7D
7.4%
1Y
27.3%
SNTIA
NOK 73.80
Sentia
7D
4.8%
1Y
n/a
NRC
NOK 7.65
NRC Group
7D
-2.2%
1Y
63.8%
AFG
NOK 173.40
AF Gruppen
7D
-0.7%
1Y
25.3%
VEI
NOK 189.20
Veidekke
7D
-0.2%
1Y
28.7%