Norwegian (OSEAX) Machinery Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies16
- 7D-4.3%
- 3M27.6%
- 1Y-48.3%
- YTD-39.2%
Over the last 7 days, the Machinery industry has dropped 3.2%, driven by a pullback from AutoStore Holdings of 6.0%. Meanwhile, Hexagon Composites actually outperformed within the industry, gaining 5.1% in the last week. Overall the industry is down 52% in 12 months. As for the next few years, earnings are expected to grow by 37% 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 |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | kr86.4b | kr23.2b | -kr139,844,580.00 | 19.4x | -617.6x | 3.7x |
| Mon, 31 Oct 2022 | kr83.5b | kr22.3b | -kr355,511,184.00 | 17.6x | -234.8x | 3.7x |
| Wed, 28 Sep 2022 | kr57.6b | kr22.7b | -kr339,680,597.00 | 20.7x | -169.6x | 2.5x |
| Fri, 26 Aug 2022 | kr67.9b | kr22.0b | -kr337,161,266.00 | 8.1x | -201.5x | 3.1x |
| Sun, 24 Jul 2022 | kr80.3b | kr21.7b | -kr428,920,727.00 | 7.8x | -187.1x | 3.7x |
| Tue, 21 Jun 2022 | kr91.4b | kr20.8b | -kr502,939,309.00 | 22x | -181.8x | 4.4x |
| Thu, 19 May 2022 | kr96.5b | kr20.9b | -kr442,712,233.00 | 40.4x | -218.1x | 4.6x |
| Sat, 16 Apr 2022 | kr116.8b | kr18.6b | -kr877,556,350.00 | 26x | -133.1x | 6.3x |
| Mon, 14 Mar 2022 | kr129.0b | kr18.4b | -kr894,032,801.00 | 7.5x | -144.3x | 7x |
| Wed, 09 Feb 2022 | kr103.3b | kr15.9b | -kr1,165,120,117.00 | 8.7x | -88.7x | 6.5x |
| Fri, 07 Jan 2022 | kr140.4b | kr15.9b | -kr1,166,845,643.00 | n/a | -120.3x | 8.8x |
| Sun, 05 Dec 2021 | kr163.4b | kr16.0b | -kr1,174,932,832.00 | 8.2x | -139.1x | 10.2x |
| Tue, 02 Nov 2021 | kr141.5b | kr12.6b | -kr921,996,889.00 | 9.1x | -153.4x | 11.2x |
| Thu, 30 Sep 2021 | kr22.8b | kr12.6b | -kr923,341,752.00 | 8.9x | -24.7x | 1.8x |
| Sat, 28 Aug 2021 | kr23.8b | kr11.8b | -kr1,020,409,762.72 | 38.3x | -23.3x | 2x |
| Sun, 04 Jul 2021 | kr27.6b | kr11.8b | -kr1,020,409,762.72 | 45.9x | -27x | 2.3x |
| Wed, 07 Apr 2021 | kr35.4b | kr11.0b | -kr1,028,010,811.96 | 38.8x | -34.4x | 3.2x |
| Sat, 09 Jan 2021 | kr32.4b | kr8.2b | -kr846,523,035.78 | 38.2x | -38.3x | 4x |
| Fri, 02 Oct 2020 | kr14.6b | kr7.9b | -kr50,251,139.24 | 9.2x | -289.6x | 1.9x |
| Mon, 06 Jul 2020 | kr11.0b | kr7.7b | kr37.4m | 141.5x | 294.4x | 1.4x |
| Thu, 09 Apr 2020 | kr7.0b | kr7.6b | kr58.4m | 44.8x | 120.5x | 0.9x |
| Wed, 01 Jan 2020 | kr10.2b | kr7.8b | -kr5,549,841.12 | 62.4x | -1834.4x | 1.3x |
Price to Earnings Ratio
-24.2x
Current Industry PE
- Investors are relatively neutral on the Norwegian Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 33% 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 | -0.70% | |
| Industrials | 0.12% | |
| Machinery | -4.25% | |
| Construction Machinery and Vehicles | 0.40% | |
| Agricultural Machinery | -3.74% | |
| Industrial Machinery | -4.81% | |
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 40.4% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 84% over the next 5 years.
- In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings decline by 7.9% 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 | |
|---|---|---|---|---|---|
| HEX Hexagon Composites | kr29.24 | 5.1% +kr285.3m | -14.4% | PS1.3x | |
| HPUR Hexagon Purus | kr25.82 | 1.0% +kr67.2m | 3.3% | PS7.8x | |
| CAMBI Cambi | kr5.20 | 4.2% +kr33.6m | -48.0% | PS2.2x | |
| PHLY Philly Shipyard | kr45.90 | 5.3% +kr27.8m | -13.1% | PS0.2x | |
| TECO TECO 2030 | kr7.89 | 1.2% +kr13.9m | 36.3% | PS125.5x |