Header cover image

Norwegian (OSEAX) Machinery Industry Analysis

UpdatedSep 19, 2024
DataAggregated Company Financials
Companies16
  • 7D3.7%
  • 3M-5.0%
  • 1Y-10.6%
  • YTD-14.7%

In the last week, the Machinery industry is up 3.7%, with Tomra Systems up 4.2%. Meanwhile, Eqva actually underperformed within the industry, shrinking 15% in the last week. In the past year, the industry is down 11%. As for the next few years, earnings are expected to grow by 39% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Sep 2024NOK 103.2bNOK 45.2b-NOK 295,116,060.6516.3x-349.6x2.3x
Sat, 17 Aug 2024NOK 106.5bNOK 44.5b-NOK 245,288,670.7617.6x-434.1x2.4x
Mon, 15 Jul 2024NOK 111.4bNOK 44.6b-NOK 2,038,607,390.4015.6x-54.6x2.5x
Wed, 12 Jun 2024NOK 110.6bNOK 44.7b-NOK 2,057,018,339.6014.9x-53.7x2.5x
Fri, 10 May 2024NOK 113.3bNOK 44.5b-NOK 2,177,391,860.1614.6x-52x2.5x
Sun, 07 Apr 2024NOK 126.4bNOK 44.3b-NOK 1,898,786,378.0613.8x-66.6x2.9x
Tue, 05 Mar 2024NOK 113.3bNOK 44.0b-NOK 1,865,631,782.0014.3x-60.7x2.6x
Thu, 01 Feb 2024NOK 115.9bNOK 43.4b-NOK 1,278,129,088.0025.9x-90.7x2.7x
Sat, 30 Dec 2023NOK 124.7bNOK 43.0b-NOK 1,237,495,240.0027.2x-100.8x2.9x
Mon, 27 Nov 2023NOK 103.9bNOK 43.5b-NOK 1,325,300,121.0025.8x-78.4x2.4x
Wed, 25 Oct 2023NOK 90.3bNOK 43.1b-NOK 1,636,854,700.0022.6x-55.2x2.1x
Fri, 22 Sep 2023NOK 112.7bNOK 42.4b-NOK 1,482,270,388.0027.8x-76x2.7x
Sun, 20 Aug 2023NOK 131.9bNOK 41.7b-NOK 1,616,903,691.0039.5x-81.6x3.2x
Tue, 18 Jul 2023NOK 145.5bNOK 40.3bNOK 173.6m42.1x837.9x3.6x
Thu, 15 Jun 2023NOK 155.3bNOK 39.8bNOK 306.9m50.5x506x3.9x
Sat, 13 May 2023NOK 143.9bNOK 39.6bNOK 536.6m58.6x268.2x3.6x
Mon, 10 Apr 2023NOK 103.6bNOK 25.3b-NOK 67,682,152.0069.8x-1530.4x4.1x
Wed, 08 Mar 2023NOK 105.2bNOK 25.6b-NOK 89,554,142.0045.3x-1174.2x4.1x
Fri, 03 Feb 2023NOK 103.2bNOK 23.4b-NOK 124,056,818.0018.3x-831.6x4.4x
Sun, 01 Jan 2023NOK 80.4bNOK 23.2b-NOK 141,363,836.0019x-568.7x3.5x
Tue, 29 Nov 2022NOK 80.9bNOK 23.3b-NOK 117,399,651.0018.4x-689x3.5x
Thu, 27 Oct 2022NOK 85.7bNOK 22.2b-NOK 359,153,176.0018.2x-238.6x3.9x
Sat, 24 Sep 2022NOK 54.8bNOK 22.5b-NOK 347,095,964.0016.5x-158x2.4x
Mon, 22 Aug 2022NOK 71.8bNOK 22.0b-NOK 308,292,219.008.2x-232.8x3.3x
Wed, 20 Jul 2022NOK 71.8bNOK 21.9b-NOK 429,877,522.007.6x-167x3.3x
Fri, 17 Jun 2022NOK 92.0bNOK 20.9b-NOK 504,409,234.0021.5x-182.3x4.4x
Sun, 15 May 2022NOK 88.9bNOK 20.3b-NOK 476,550,165.0018.4x-186.5x4.4x
Tue, 12 Apr 2022NOK 111.4bNOK 18.6b-NOK 862,246,135.0013.6x-129.2x6x
Thu, 10 Mar 2022NOK 124.5bNOK 18.3b-NOK 885,581,389.008.2x-140.6x6.8x
Sat, 05 Feb 2022NOK 100.7bNOK 15.9b-NOK 1,163,683,772.008.7x-86.5x6.3x
Mon, 03 Jan 2022NOK 138.4bNOK 15.9b-NOK 1,164,337,683.008.9x-118.9x8.7x
Wed, 01 Dec 2021NOK 176.2bNOK 16.0b-NOK 1,156,386,886.008.3x-152.4x11x
Fri, 29 Oct 2021NOK 146.6bNOK 12.6b-NOK 916,614,781.008.7x-159.9x11.6x
Sun, 26 Sep 2021NOK 23.1bNOK 12.6b-NOK 921,203,301.008.8x-25x1.8x
Price to Earnings Ratio

-25x


Total Market Cap: NOK 23.1bTotal Earnings: -NOK 921,203,301.00Total Revenue: NOK 12.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -198x202220232024
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 4.1x 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 53% 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 Market1.23%
Industrials2.28%
Machinery3.70%
Construction Machinery and Vehicles4.34%
Industrial Machinery3.79%
Agricultural Machinery-1.98%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 36.8%, which is lower than the prior year's growth of 163.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 75% over the next 5 years.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 37% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TOM Tomra SystemsNOK 157.004.2%
+NOK 1.9b
17.9%PE80.4x
AUTO AutoStore HoldingsNOK 9.652.6%
+NOK 822.9m
-37.1%PE19x
HEX Hexagon CompositesNOK 42.609.0%
+NOK 733.6m
22.1%PS1.7x
HPUR Hexagon PurusNOK 10.3611.8%
+NOK 302.7m
-42.7%PS1.7x
ENDUR EndúrNOK 60.103.3%
+NOK 70.1m
44.8%PE171.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

AUTO

NOK 9.65

AutoStore Holdings

7D

2.6%

1Y

-37.1%

HEX

NOK 42.60

Hexagon Composites

7D

9.0%

1Y

22.1%

SCANA

NOK 3.19

Scana

7D

2.1%

1Y

31.1%

HAV

NOK 8.72

HAV Group

7D

-0.9%

1Y

-4.8%

CAMBI

NOK 13.85

Cambi

7D

-2.5%

1Y

-2.5%

ENDUR

NOK 60.10

Endúr

7D

3.3%

1Y

44.8%

HYPRO

NOK 9.05

HydrogenPro

7D

-1.1%

1Y

-55.1%

TECO

NOK 1.10

TECO 2030

7D

9.5%

1Y

-82.4%

CAPSL

NOK 12.70

Capsol Technologies

7D

1.6%

1Y

-8.6%