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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies17
- 7D-0.5%
- 3M-3.5%
- 1Y-3.1%
- YTD-14.2%
Over the last 7 days, the Machinery industry has remained flat, although notably Scana gained 13%. Unfortunately though, the industry is down 3.1% over the past 12 months. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Norwegian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | NOK 105.1b | NOK 45.9b | -NOK 633,504,945.52 | 17.1x | -166x | 2.3x |
| Sat, 19 Oct 2024 | NOK 100.3b | NOK 45.7b | -NOK 438,334,248.27 | 17.3x | -228.8x | 2.2x |
| Mon, 16 Sep 2024 | NOK 102.8b | NOK 45.3b | -NOK 288,055,094.84 | 16.3x | -357x | 2.3x |
| Wed, 14 Aug 2024 | NOK 111.6b | NOK 45.1b | -NOK 2,115,189,528.17 | 15.1x | -52.8x | 2.5x |
| Fri, 12 Jul 2024 | NOK 107.8b | NOK 44.6b | -NOK 2,038,549,766.72 | 16x | -52.9x | 2.4x |
| Sun, 09 Jun 2024 | NOK 114.6b | NOK 44.7b | -NOK 2,058,660,614.48 | 15x | -55.7x | 2.6x |
| Tue, 07 May 2024 | NOK 113.7b | NOK 44.4b | -NOK 2,025,887,256.42 | 14x | -56.1x | 2.6x |
| Thu, 04 Apr 2024 | NOK 129.4b | NOK 44.3b | -NOK 1,898,411,249.90 | 13.9x | -68.2x | 2.9x |
| Sat, 02 Mar 2024 | NOK 114.0b | NOK 43.9b | -NOK 1,937,410,468.00 | 14.5x | -58.9x | 2.6x |
| Mon, 29 Jan 2024 | NOK 119.6b | NOK 43.3b | -NOK 1,268,119,191.00 | 26.6x | -94.3x | 2.8x |
| Wed, 27 Dec 2023 | NOK 121.0b | NOK 43.1b | -NOK 1,245,980,018.00 | 26.5x | -97.1x | 2.8x |
| Fri, 24 Nov 2023 | NOK 103.6b | NOK 43.5b | -NOK 1,312,121,405.00 | 18.8x | -79x | 2.4x |
| Sun, 22 Oct 2023 | NOK 91.2b | NOK 43.0b | -NOK 1,630,122,034.00 | 22.5x | -55.9x | 2.1x |
| Tue, 19 Sep 2023 | NOK 118.0b | NOK 42.4b | -NOK 1,487,807,701.00 | 27.6x | -79.3x | 2.8x |
| Thu, 17 Aug 2023 | NOK 144.2b | NOK 41.2b | NOK 267.4m | 41.2x | 539.4x | 3.5x |
| Sat, 15 Jul 2023 | NOK 148.3b | NOK 40.3b | NOK 173.0m | 45.1x | 857.3x | 3.7x |
| Mon, 12 Jun 2023 | NOK 154.1b | NOK 40.1b | NOK 320.6m | 49.1x | 480.6x | 3.8x |
| Wed, 10 May 2023 | NOK 142.1b | NOK 39.1b | NOK 594.1m | 58.1x | 239.2x | 3.6x |
| Fri, 07 Apr 2023 | NOK 103.6b | NOK 25.3b | -NOK 82,896,962.00 | 70.1x | -1249.5x | 4.1x |
| Sun, 05 Mar 2023 | NOK 103.8b | NOK 25.3b | -NOK 114,179,092.00 | 44x | -909.3x | 4.1x |
| Tue, 31 Jan 2023 | NOK 101.3b | NOK 23.3b | -NOK 129,638,060.00 | 16.6x | -781.8x | 4.3x |
| Thu, 29 Dec 2022 | NOK 80.6b | NOK 23.3b | -NOK 133,401,711.00 | 18x | -604.1x | 3.5x |
| Sat, 26 Nov 2022 | NOK 89.6b | NOK 23.2b | -NOK 124,809,125.00 | 18.6x | -717.6x | 3.9x |
| Mon, 24 Oct 2022 | NOK 78.1b | NOK 22.5b | -NOK 347,416,651.00 | 17.3x | -224.7x | 3.5x |
| Wed, 21 Sep 2022 | NOK 60.4b | NOK 22.3b | -NOK 356,657,253.00 | 16.1x | -169.2x | 2.7x |
| Fri, 19 Aug 2022 | NOK 71.4b | NOK 21.1b | -NOK 693,200,089.00 | 8.1x | -103x | 3.4x |
| Sun, 17 Jul 2022 | NOK 71.8b | NOK 21.9b | -NOK 429,877,522.00 | 7.7x | -167x | 3.3x |
| Tue, 14 Jun 2022 | NOK 94.8b | NOK 20.9b | -NOK 503,129,680.00 | 22.1x | -188.3x | 4.5x |
| Thu, 12 May 2022 | NOK 88.2b | NOK 19.7b | -NOK 837,311,808.00 | 18.5x | -105.3x | 4.5x |
| Sat, 09 Apr 2022 | NOK 119.0b | NOK 18.5b | -NOK 857,264,515.00 | 13.6x | -138.9x | 6.4x |
| Mon, 07 Mar 2022 | NOK 124.8b | NOK 18.3b | -NOK 890,898,881.00 | 7.8x | -140.1x | 6.8x |
| Wed, 02 Feb 2022 | NOK 109.8b | NOK 15.9b | -NOK 1,165,455,613.00 | 9.2x | -94.2x | 6.9x |
| Fri, 31 Dec 2021 | NOK 138.4b | NOK 15.9b | -NOK 1,164,332,183.00 | 8.9x | -118.9x | 8.7x |
| Sun, 28 Nov 2021 | NOK 158.4b | NOK 16.0b | -NOK 1,155,719,080.00 | 8.5x | -137x | 9.9x |
Price to Earnings Ratio
-137x
Current Industry PE
- Investors are pessimistic on the Norwegian Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 42% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | 3.06% | |
| Industrials | 1.85% | |
| Machinery | -0.54% | |
| Agricultural Machinery | 3.28% | |
| Construction Machinery and Vehicles | -0.45% | |
| Industrial Machinery | -0.64% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio.
- Analysts expect its future annual earnings growth (32.9%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 60% over the next 5 years.
- However this is lower than its past earnings growth rate of 85% per year.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 28% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SCANA Scana | NOK 2.90 | 13.1% +NOK 154.7m | 41.9% | PE11.9x | |
| ENDUR Endúr | NOK 62.60 | 6.3% +NOK 136.5m | 55.7% | PE577.4x | |
| AUTO AutoStore Holdings | NOK 11.76 | 0.3% +NOK 134.3m | -30.9% | PE26x | |
| AKVA AKVA group | NOK 69.20 | 3.3% +NOK 79.9m | 7.5% | PE29.8x | |
| EQVA Eqva | NOK 4.95 | 7.6% +NOK 26.2m | 80.0% | PE16.1x |