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Norwegian (OSEAX) Machinery Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies16
  • 7D-6.0%
  • 3M4.4%
  • 1Y9.9%
  • YTD-10.5%

Over the last 7 days, the Machinery industry has dropped 4.8%, driven by a pullback from Kongsberg Maritime of 11%. In the past year, the industry has gained 12%. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026NOK 138.6bNOK 42.4bNOK 421.9m32.3x328.5x3.3x
Sun, 03 May 2026NOK 142.3bNOK 41.5b-NOK 609,905,326.9729x-233.3x3.4x
Tue, 31 Mar 2026NOK 83.6bNOK 41.1b-NOK 766,806,823.7626.8x-109x2x
Thu, 26 Feb 2026NOK 90.4bNOK 39.9b-NOK 906,597,999.1825.2x-99.7x2.3x
Sat, 24 Jan 2026NOK 96.6bNOK 40.6b-NOK 1,540,676,542.4128.9x-62.7x2.4x
Mon, 22 Dec 2025NOK 90.5bNOK 41.2b-NOK 1,481,549,843.2826.2x-61.1x2.2x
Wed, 19 Nov 2025NOK 82.5bNOK 41.0b-NOK 1,510,428,801.2429.4x-54.6x2x
Fri, 17 Oct 2025NOK 90.2bNOK 41.1b-NOK 952,184,697.3631.1x-94.8x2.2x
Sun, 14 Sep 2025NOK 93.3bNOK 40.7b-NOK 990,492,216.2829.4x-94.2x2.3x
Tue, 12 Aug 2025NOK 86.3bNOK 41.0b-NOK 723,279,361.2825.6x-119.3x2.1x
Thu, 10 Jul 2025NOK 89.4bNOK 41.2b-NOK 740,276,998.9325.5x-120.8x2.2x
Sat, 07 Jun 2025NOK 83.5bNOK 40.8b-NOK 770,160,096.9522x-108.4x2x
Mon, 05 May 2025NOK 83.5bNOK 41.0bNOK 392.3m14.8x212.8x2x
Wed, 02 Apr 2025NOK 92.1bNOK 41.1bNOK 639.2m18.2x144.1x2.2x
Fri, 28 Feb 2025NOK 105.4bNOK 41.8bNOK 741.2m20x142.2x2.5x
Sun, 26 Jan 2025NOK 106.7bNOK 46.3b-NOK 376,984,010.5418.4x-283.1x2.3x
Tue, 24 Dec 2024NOK 105.7bNOK 46.5b-NOK 542,722,389.2017.2x-194.8x2.3x
Thu, 21 Nov 2024NOK 105.1bNOK 45.9b-NOK 633,504,945.5217.1x-166x2.3x
Sat, 19 Oct 2024NOK 100.3bNOK 45.7b-NOK 438,334,248.2717.3x-228.8x2.2x
Mon, 16 Sep 2024NOK 102.8bNOK 45.3b-NOK 288,055,094.8416.3x-357x2.3x
Wed, 14 Aug 2024NOK 111.6bNOK 45.1b-NOK 2,115,189,528.1715.1x-52.8x2.5x
Fri, 12 Jul 2024NOK 107.8bNOK 44.6b-NOK 2,038,549,766.7216x-52.9x2.4x
Sun, 09 Jun 2024NOK 114.6bNOK 44.7b-NOK 2,058,660,614.4815x-55.7x2.6x
Tue, 07 May 2024NOK 113.7bNOK 44.4b-NOK 2,025,887,256.4214x-56.1x2.6x
Thu, 04 Apr 2024NOK 129.4bNOK 44.3b-NOK 1,898,411,249.9013.9x-68.2x2.9x
Sat, 02 Mar 2024NOK 114.0bNOK 43.9b-NOK 1,937,410,468.0014.5x-58.9x2.6x
Mon, 29 Jan 2024NOK 119.6bNOK 43.3b-NOK 1,268,119,191.0026.6x-94.3x2.8x
Wed, 27 Dec 2023NOK 121.0bNOK 43.1b-NOK 1,245,980,018.0026.5x-97.1x2.8x
Fri, 24 Nov 2023NOK 103.6bNOK 43.5b-NOK 1,312,121,405.0018.8x-79x2.4x
Sun, 22 Oct 2023NOK 91.2bNOK 43.0b-NOK 1,630,122,034.0022.5x-55.9x2.1x
Tue, 19 Sep 2023NOK 118.0bNOK 42.4b-NOK 1,487,807,701.0027.6x-79.3x2.8x
Thu, 17 Aug 2023NOK 144.2bNOK 41.2bNOK 267.4m41.2x539.4x3.5x
Sat, 15 Jul 2023NOK 148.3bNOK 40.3bNOK 173.0m45.1x857.3x3.7x
Mon, 12 Jun 2023NOK 154.1bNOK 40.1bNOK 320.6m49.1x480.6x3.8x
Price to Earnings Ratio

480.6x


Total Market Cap: NOK 154.1bTotal Earnings: NOK 320.6mTotal Revenue: NOK 40.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -21.8x202420252026
Current Industry PE
  • Investors are optimistic on the Norwegian Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 337x which is higher than its 3-year average PE of -21.6x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 9.3% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market-0.68%
Industrials-4.21%
Machinery-6.00%
Agricultural Machinery-2.92%
Industrial Machinery-3.53%
Construction Machinery and Vehicles-9.54%
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 29.5%, which is higher than its past year's earnings growth of 3.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 38% over the next 5 years.
  • However this is lower than its past earnings growth rate of 263% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 19% 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
CAMBI CambiNOK 21.800.9%
+NOK 32.0m		21.8%PE25.5x
SCANA ScanaNOK 1.544.4%
+NOK 30.0m		-4.1%PE236.3x
GOD GoodtechNOK 13.008.3%
+NOK 29.9m		41.6%PE11.3x

Latest News

HEX
NOK 8.95
Hexagon Composites
7D
-10.1%
1Y
-46.3%
GOD
NOK 13.00
Goodtech
7D
8.3%
1Y
41.6%
TOM
NOK 96.15
Tomra Systems
7D
-3.1%
1Y
-38.4%
Narrative Update • Jun 02

TOM: UK Deposit Scheme Rollout Will Support Further Upside Potential

Analysts have trimmed their price target on Tomra Systems from NOK148.03 to NOK133.61. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.
NKR
NOK 14.90
Nekkar
7D
-5.1%
1Y
46.8%
CAMBI
NOK 21.80
Cambi
7D
0.9%
1Y
21.8%
SCANA
NOK 1.54
Scana
7D
4.4%
1Y
-4.1%
ENDUR
NOK 118.20
Endúr
7D
-3.6%
1Y
27.1%
Analysis Article • May 16

Endúr ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Last week saw the newest first-quarter earnings release from Endúr ASA ( OB:ENDUR ), an important milestone in the...
AKVA
NOK 116.50
AKVA group
7D
-2.9%
1Y
60.5%
AUTO
NOK 12.63
AutoStore Holdings
7D
-3.7%
1Y
142.2%
KMAR
NOK 52.78
Kongsberg Maritime
7D
-10.5%
1Y
n/a
NTG
NOK 1.46
Nordic Technology Group
7D
-16.6%
1Y
21.7%