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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedDec 07, 2021
DataAggregated Company Financials
Companies13
- 7D-0.4%
- 3M-14.6%
- 1Y-29.3%
- YTD10.8%
Over the last 7 days, the Machinery industry has risen 3.2%, driven by gains from AutoStore Holdings of 5.1%. Meanwhile, Hexagon Purus actually underperformed within the industry, shrinking 11% in the last week. However, the industry is down 30% over the past year.
Industry Valuation and Performance
Has the Norwegian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | kr164.2b | kr16.0b | -kr1,173,228,438.00 | 8.2x |
| Thu, 04 Nov 2021 | kr149.3b | kr12.6b | -kr924,071,500.00 | 9x |
| Sat, 02 Oct 2021 | kr22.6b | kr12.6b | -kr921,775,919.00 | 8.6x |
| Mon, 30 Aug 2021 | kr23.7b | kr11.8b | -kr1,020,409,762.72 | 39x |
| Tue, 06 Jul 2021 | kr27.6b | kr11.8b | -kr1,020,409,762.72 | 45.9x |
| Fri, 09 Apr 2021 | kr35.4b | kr11.0b | -kr1,028,010,811.96 | 38.8x |
| Thu, 31 Dec 2020 | kr32.4b | kr8.2b | -kr846,523,035.78 | 38.2x |
| Sun, 04 Oct 2020 | kr14.6b | kr7.9b | -kr50,251,139.24 | 9.2x |
| Wed, 08 Jul 2020 | kr11.0b | kr7.7b | kr37.4m | 141.5x |
| Tue, 31 Mar 2020 | kr7.0b | kr7.6b | kr58.4m | 44.8x |
| Fri, 03 Jan 2020 | kr10.2b | kr7.8b | -kr5,549,841.12 | 62.4x |
| Mon, 07 Oct 2019 | kr9.4b | kr9.7b | -kr400,424,883.77 | 44.8x |
| Sun, 30 Jun 2019 | kr10.6b | kr9.4b | -kr369,351,183.87 | 32.7x |
| Wed, 03 Apr 2019 | kr9.7b | kr9.2b | -kr302,161,745.81 | 26.5x |
| Sat, 05 Jan 2019 | kr7.5b | kr7.8b | -kr312,099,126.27 | 26.8x |
PE Ratio
26.8x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 46.9x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Machinery industry have deteriorated over the last three years, while revenues for these companies have grown 27% 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, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Norwegian Machinery industry?
| Agricultural Machinery | 3.81% | |
| Industrial Machinery | 0.069% | |
| Construction Machinery and Vehicles | -8.96% | |
Industry PE: Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio of 125x. This is likely because analysts are expecting annual earnings growth of 94% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 20.7x.
Forecasted Growth: Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 94% over the next 5 years. Meanwhile, the Construction Machinery and Vehicles industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| AKVA AKVA Group | 1.6%+kr50.9m | 6.6% | PE239.1x | |
| HYARD Havyard Group | 8.2%+kr26.7m | 49.0% | PE2x | |
| TECO TECO 2030 | 3.2%+kr23.6m | 19.0% | PS54.4x | |
| GOD Goodtech | 4.3%+kr10.3m | -25.7% | PS0.5x | |
| HAV HAV Group | 0.2%+kr980.0k | n/a | PE8x |