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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?

DateMarket CapRevenueEarningsPE
Tue, 07 Dec 2021kr164.2bkr16.0b-kr1,173,228,438.008.2x
Thu, 04 Nov 2021kr149.3bkr12.6b-kr924,071,500.009x
Sat, 02 Oct 2021kr22.6bkr12.6b-kr921,775,919.008.6x
Mon, 30 Aug 2021kr23.7bkr11.8b-kr1,020,409,762.7239x
Tue, 06 Jul 2021kr27.6bkr11.8b-kr1,020,409,762.7245.9x
Fri, 09 Apr 2021kr35.4bkr11.0b-kr1,028,010,811.9638.8x
Thu, 31 Dec 2020kr32.4bkr8.2b-kr846,523,035.7838.2x
Sun, 04 Oct 2020kr14.6bkr7.9b-kr50,251,139.249.2x
Wed, 08 Jul 2020kr11.0bkr7.7bkr37.4m141.5x
Tue, 31 Mar 2020kr7.0bkr7.6bkr58.4m44.8x
Fri, 03 Jan 2020kr10.2bkr7.8b-kr5,549,841.1262.4x
Mon, 07 Oct 2019kr9.4bkr9.7b-kr400,424,883.7744.8x
Sun, 30 Jun 2019kr10.6bkr9.4b-kr369,351,183.8732.7x
Wed, 03 Apr 2019kr9.7bkr9.2b-kr302,161,745.8126.5x
Sat, 05 Jan 2019kr7.5bkr7.8b-kr312,099,126.2726.8x
PE Ratio

26.8x

Total Market Cap: kr7.5bTotal Earnings: -kr312,099,126.27Total Revenue: kr7.8b0%0%0%3 Year10 Year
20202021

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 Machinery3.81%
Industrial Machinery0.069%
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?

Company7D1YValuation
AKVA AKVA Group1.6%+kr50.9m6.6%PE239.1x
HYARD Havyard Group8.2%+kr26.7m49.0%PE2x
TECO TECO 20303.2%+kr23.6m19.0%PS54.4x
GOD Goodtech4.3%+kr10.3m-25.7%PS0.5x
HAV HAV Group0.2%+kr980.0kn/aPE8x
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Latest News

GOD

kr9.21

Goodtech

7D

4.3%

1Y

-25.7%

ENDUR

kr0.67

Endúr

7D

-3.8%

1Y

-44.5%

NKR

kr9.05

Nekkar

7D

-3.0%

1Y

49.8%