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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies17
- 7D-2.7%
- 3M2.5%
- 1Y-20.2%
- YTD0.2%
Over the last 7 days, the Machinery industry has dropped 3.7%, driven by AutoStore Holdings declining 4.3%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 42% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | kr121.4b | kr44.5b | -kr1,924,592,748.98 | 13.7x | -63.1x | 2.7x |
| Fri, 15 Mar 2024 | kr128.1b | kr44.1b | -kr1,872,131,124.00 | 14x | -68.4x | 2.9x |
| Sun, 11 Feb 2024 | kr112.5b | kr43.4b | -kr1,280,933,106.47 | 24.9x | -87.8x | 2.6x |
| Tue, 09 Jan 2024 | kr114.1b | kr43.2b | -kr1,261,657,170.00 | 26x | -90.5x | 2.6x |
| Thu, 07 Dec 2023 | kr114.8b | kr43.9b | -kr1,322,766,895.00 | 25.8x | -86.8x | 2.6x |
| Sat, 04 Nov 2023 | kr93.6b | kr43.5b | -kr1,606,156,771.00 | 18.8x | -58.2x | 2.2x |
| Mon, 02 Oct 2023 | kr109.0b | kr42.3b | -kr1,471,541,239.00 | 26.6x | -74x | 2.6x |
| Wed, 30 Aug 2023 | kr128.0b | kr42.0b | -kr1,553,955,822.00 | 30.2x | -82.4x | 3.1x |
| Fri, 28 Jul 2023 | kr154.3b | kr40.3b | kr173.6m | 48x | 889.1x | 3.8x |
| Sun, 25 Jun 2023 | kr157.5b | kr40.1b | kr324.8m | 50.7x | 485.1x | 3.9x |
| Tue, 23 May 2023 | kr147.6b | kr40.0b | kr538.9m | 36.8x | 273.8x | 3.7x |
| Thu, 20 Apr 2023 | kr98.5b | kr25.4b | -kr60,595,030.00 | 66.3x | -1625.9x | 3.9x |
| Sat, 18 Mar 2023 | kr94.2b | kr25.5b | -kr61,506,184.00 | 64.8x | -1531x | 3.7x |
| Mon, 13 Feb 2023 | kr99.1b | kr23.5b | -kr114,918,694.00 | 18x | -862.6x | 4.2x |
| Wed, 11 Jan 2023 | kr104.8b | kr23.3b | -kr126,503,837.00 | 18x | -828x | 4.5x |
| Fri, 09 Dec 2022 | kr81.4b | kr23.3b | -kr127,062,570.00 | 19.4x | -640.9x | 3.5x |
| Sun, 06 Nov 2022 | kr89.4b | kr22.8b | -kr354,299,517.00 | 17x | -252.3x | 3.9x |
| Tue, 04 Oct 2022 | kr62.3b | kr22.6b | -kr343,790,552.00 | 19.7x | -181.2x | 2.8x |
| Thu, 01 Sep 2022 | kr66.3b | kr22.6b | -kr264,217,438.00 | 11.1x | -251x | 2.9x |
| Sat, 30 Jul 2022 | kr82.7b | kr20.5b | -kr544,760,085.00 | 7.9x | -151.8x | 4x |
| Mon, 27 Jun 2022 | kr80.1b | kr20.8b | -kr502,754,908.00 | 20.7x | -159.2x | 3.8x |
| Wed, 25 May 2022 | kr92.3b | kr20.8b | -kr457,795,372.00 | 40.8x | -201.7x | 4.4x |
| Fri, 22 Apr 2022 | kr119.7b | kr18.6b | -kr865,027,331.00 | 13.5x | -138.3x | 6.4x |
| Sun, 20 Mar 2022 | kr142.6b | kr18.2b | -kr880,731,414.00 | 7.9x | -161.9x | 7.8x |
| Tue, 15 Feb 2022 | kr106.9b | kr16.0b | -kr1,168,281,569.00 | 8.8x | -91.5x | 6.7x |
| Thu, 13 Jan 2022 | kr139.7b | kr15.8b | -kr1,160,838,290.00 | 10.2x | -120.4x | 8.8x |
| Sat, 11 Dec 2021 | kr154.9b | kr15.9b | -kr1,168,626,747.00 | 8x | -132.5x | 9.7x |
| Mon, 08 Nov 2021 | kr162.6b | kr10.0b | -kr659,689,337.00 | 8.7x | -246.5x | 16.3x |
| Wed, 06 Oct 2021 | kr21.6b | kr12.6b | -kr919,700,986.00 | 8.2x | -23.5x | 1.7x |
| Fri, 03 Sep 2021 | kr25.6b | kr11.8b | -kr1,020,409,762.72 | 38.9x | -25.1x | 2.2x |
| Sun, 01 Aug 2021 | kr24.6b | kr11.8b | -kr1,020,409,762.72 | 43.4x | -24.1x | 2.1x |
| Wed, 05 May 2021 | kr35.0b | kr11.0b | -kr1,028,010,811.96 | 38.7x | -34.1x | 3.2x |
Price to Earnings Ratio
-34.1x
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 2.7x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 59% 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 Industrials industry?
| NO Market | 0.72% | |
| Industrials | 0.72% | |
| Machinery | -2.73% | |
| Agricultural Machinery | 1.74% | |
| Industrial Machinery | -2.74% | |
| Construction Machinery and Vehicles | -4.48% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 70% over the next 5 years.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 41% 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 | |
|---|---|---|---|---|---|
| AKVA AKVA group | kr70.00 | 1.7% +kr43.7m | 27.3% | PS0.7x | |
| TOM Tomra Systems | kr148.40 | 0.07% +kr29.6m | -13.9% | PE62.9x | |
| GOD Goodtech | kr14.15 | 5.6% +kr20.9m | 70.5% | PE13.7x | |
| NKR Nekkar | kr10.00 | 0.8% +kr8.4m | 58.0% | PE12.7x | |
| PHLY Philly Shipyard | kr37.10 | 0.3% +kr1.2m | -13.7% | PS0.09x |
