AutoStore Holdings Ltd.'s (OB:AUTO) 26% Price Boost Is Out Of Tune With Revenues
Dec 06
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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies17
- 7D1.1%
- 3M-1.4%
- 1Y-16.1%
- YTD-13.6%
The Machinery industry is up 1.3% in the last week, with AutoStore Holdings up 3.3%. In the past year, the industry is down 16%. As for the next few years, earnings are expected to grow by 35% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | NOK 106.9b | NOK 46.5b | -NOK 542,059,153.77 | 17.4x | -197.1x | 2.3x |
| Wed, 27 Nov 2024 | NOK 110.5b | NOK 46.0b | -NOK 605,811,953.56 | 17.3x | -182.5x | 2.4x |
| Fri, 25 Oct 2024 | NOK 102.2b | NOK 45.4b | -NOK 412,733,105.54 | 17.6x | -247.5x | 2.2x |
| Sun, 22 Sep 2024 | NOK 103.5b | NOK 45.0b | -NOK 487,402,174.48 | 16.7x | -212.4x | 2.3x |
| Tue, 20 Aug 2024 | NOK 108.1b | NOK 44.7b | -NOK 186,735,195.06 | 17.6x | -578.8x | 2.4x |
| Thu, 18 Jul 2024 | NOK 111.8b | NOK 44.6b | -NOK 2,144,461,498.56 | 15.5x | -52.1x | 2.5x |
| Sat, 15 Jun 2024 | NOK 111.1b | NOK 44.6b | -NOK 2,034,105,540.40 | 14.8x | -54.6x | 2.5x |
| Mon, 13 May 2024 | NOK 113.4b | NOK 44.4b | -NOK 1,981,346,435.31 | 14.7x | -57.3x | 2.6x |
| Wed, 10 Apr 2024 | NOK 124.8b | NOK 44.2b | -NOK 1,893,369,445.88 | 13.6x | -65.9x | 2.8x |
| Fri, 08 Mar 2024 | NOK 117.8b | NOK 44.0b | -NOK 1,856,346,814.00 | 14.2x | -63.5x | 2.7x |
| Sun, 04 Feb 2024 | NOK 113.1b | NOK 43.5b | -NOK 1,287,966,527.00 | 25.3x | -87.8x | 2.6x |
| Tue, 02 Jan 2024 | NOK 124.7b | NOK 43.0b | -NOK 1,241,076,363.00 | 27.2x | -100.5x | 2.9x |
| Thu, 30 Nov 2023 | NOK 106.4b | NOK 43.6b | -NOK 1,294,733,111.00 | 24x | -82.2x | 2.4x |
| Sat, 28 Oct 2023 | NOK 84.4b | NOK 43.2b | -NOK 1,646,255,833.00 | 23x | -51.3x | 2x |
| Mon, 25 Sep 2023 | NOK 113.2b | NOK 42.4b | -NOK 1,480,196,141.00 | 27.9x | -76.5x | 2.7x |
| Wed, 23 Aug 2023 | NOK 126.5b | NOK 41.6b | -NOK 1,615,568,766.00 | 39.2x | -78.3x | 3x |
| Fri, 21 Jul 2023 | NOK 151.8b | NOK 40.4b | NOK 176.7m | 43.8x | 859.5x | 3.8x |
| Sun, 18 Jun 2023 | NOK 162.7b | NOK 39.9b | NOK 308.2m | 52.3x | 527.8x | 4.1x |
| Tue, 16 May 2023 | NOK 143.0b | NOK 39.6b | NOK 520.2m | 36.3x | 275x | 3.6x |
| Thu, 13 Apr 2023 | NOK 103.4b | NOK 25.3b | -NOK 71,742,300.00 | 69.1x | -1440.9x | 4.1x |
| Sat, 11 Mar 2023 | NOK 103.5b | NOK 25.6b | -NOK 61,057,866.00 | 44.3x | -1694.3x | 4x |
| Mon, 06 Feb 2023 | NOK 105.4b | NOK 23.6b | -NOK 109,068,349.00 | 17.4x | -966.4x | 4.5x |
| Wed, 04 Jan 2023 | NOK 89.3b | NOK 23.4b | -NOK 120,904,352.00 | 18.2x | -738.7x | 3.8x |
| Fri, 02 Dec 2022 | NOK 84.3b | NOK 23.1b | -NOK 134,408,678.00 | 18x | -627.1x | 3.7x |
| Sun, 30 Oct 2022 | NOK 83.5b | NOK 22.3b | -NOK 355,511,184.00 | 17.6x | -234.8x | 3.7x |
| Tue, 27 Sep 2022 | NOK 57.5b | NOK 22.7b | -NOK 341,206,334.00 | 18.8x | -168.5x | 2.5x |
| Thu, 25 Aug 2022 | NOK 70.3b | NOK 22.0b | -NOK 337,244,263.00 | 7.9x | -208.4x | 3.2x |
| Sat, 23 Jul 2022 | NOK 78.8b | NOK 21.8b | -NOK 429,202,095.00 | 7.8x | -183.6x | 3.6x |
| Mon, 20 Jun 2022 | NOK 91.3b | NOK 20.9b | -NOK 504,582,153.00 | 21.5x | -180.8x | 4.4x |
| Wed, 18 May 2022 | NOK 89.5b | NOK 20.8b | -NOK 441,228,644.00 | 39.7x | -202.9x | 4.3x |
| Fri, 15 Apr 2022 | NOK 116.8b | NOK 18.6b | -NOK 861,669,881.00 | 13.4x | -135.6x | 6.3x |
| Sun, 13 Mar 2022 | NOK 129.0b | NOK 18.3b | -NOK 914,774,801.00 | 8.2x | -141x | 7.1x |
| Tue, 08 Feb 2022 | NOK 100.9b | NOK 15.9b | -NOK 1,163,585,353.00 | 8.8x | -86.7x | 6.4x |
| Thu, 06 Jan 2022 | NOK 139.7b | NOK 15.9b | -NOK 1,164,245,921.00 | 9.8x | -119.9x | 8.8x |
Price to Earnings Ratio
-119.9x
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 3.6x 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 43% 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 | 1.37% | |
| Industrials | 0.85% | |
| Machinery | 1.10% | |
| Industrial Machinery | 1.18% | |
| Agricultural Machinery | 0.89% | |
| Construction Machinery and Vehicles | 0.12% | |
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 (33.8%) 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 57% over the next 5 years.
- This is better than its past earnings growth rate of 43% 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 | |
|---|---|---|---|---|---|
| AUTO AutoStore Holdings | NOK 11.36 | 1.8% +NOK 671.7m | -43.1% | PE24.5x | |
| TOM Tomra Systems | NOK 149.20 | 0.7% +NOK 325.4m | 20.9% | PE72.6x | |
| HEX Hexagon Composites | NOK 45.25 | 0.8% +NOK 73.4m | 56.7% | PS1.8x | |
| HPUR Hexagon Purus | NOK 5.56 | 2.2% +NOK 50.7m | -50.1% | PS1.3x | |
| CAPSL Capsol Technologies | NOK 11.20 | 4.2% +NOK 28.3m | -17.0% | n/a |