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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedSep 19, 2024
DataAggregated Company Financials
Companies16
- 7D3.7%
- 3M-5.0%
- 1Y-10.6%
- YTD-14.7%
In the last week, the Machinery industry is up 3.7%, with Tomra Systems up 4.2%. Meanwhile, Eqva actually underperformed within the industry, shrinking 15% in the last week. In the past year, the industry is down 11%. As for the next few years, earnings are expected to grow by 39% 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Sep 2024 | NOK 103.2b | NOK 45.2b | -NOK 295,116,060.65 | 16.3x | -349.6x | 2.3x |
| Sat, 17 Aug 2024 | NOK 106.5b | NOK 44.5b | -NOK 245,288,670.76 | 17.6x | -434.1x | 2.4x |
| Mon, 15 Jul 2024 | NOK 111.4b | NOK 44.6b | -NOK 2,038,607,390.40 | 15.6x | -54.6x | 2.5x |
| Wed, 12 Jun 2024 | NOK 110.6b | NOK 44.7b | -NOK 2,057,018,339.60 | 14.9x | -53.7x | 2.5x |
| Fri, 10 May 2024 | NOK 113.3b | NOK 44.5b | -NOK 2,177,391,860.16 | 14.6x | -52x | 2.5x |
| Sun, 07 Apr 2024 | NOK 126.4b | NOK 44.3b | -NOK 1,898,786,378.06 | 13.8x | -66.6x | 2.9x |
| Tue, 05 Mar 2024 | NOK 113.3b | NOK 44.0b | -NOK 1,865,631,782.00 | 14.3x | -60.7x | 2.6x |
| Thu, 01 Feb 2024 | NOK 115.9b | NOK 43.4b | -NOK 1,278,129,088.00 | 25.9x | -90.7x | 2.7x |
| Sat, 30 Dec 2023 | NOK 124.7b | NOK 43.0b | -NOK 1,237,495,240.00 | 27.2x | -100.8x | 2.9x |
| Mon, 27 Nov 2023 | NOK 103.9b | NOK 43.5b | -NOK 1,325,300,121.00 | 25.8x | -78.4x | 2.4x |
| Wed, 25 Oct 2023 | NOK 90.3b | NOK 43.1b | -NOK 1,636,854,700.00 | 22.6x | -55.2x | 2.1x |
| Fri, 22 Sep 2023 | NOK 112.7b | NOK 42.4b | -NOK 1,482,270,388.00 | 27.8x | -76x | 2.7x |
| Sun, 20 Aug 2023 | NOK 131.9b | NOK 41.7b | -NOK 1,616,903,691.00 | 39.5x | -81.6x | 3.2x |
| Tue, 18 Jul 2023 | NOK 145.5b | NOK 40.3b | NOK 173.6m | 42.1x | 837.9x | 3.6x |
| Thu, 15 Jun 2023 | NOK 155.3b | NOK 39.8b | NOK 306.9m | 50.5x | 506x | 3.9x |
| Sat, 13 May 2023 | NOK 143.9b | NOK 39.6b | NOK 536.6m | 58.6x | 268.2x | 3.6x |
| Mon, 10 Apr 2023 | NOK 103.6b | NOK 25.3b | -NOK 67,682,152.00 | 69.8x | -1530.4x | 4.1x |
| Wed, 08 Mar 2023 | NOK 105.2b | NOK 25.6b | -NOK 89,554,142.00 | 45.3x | -1174.2x | 4.1x |
| Fri, 03 Feb 2023 | NOK 103.2b | NOK 23.4b | -NOK 124,056,818.00 | 18.3x | -831.6x | 4.4x |
| Sun, 01 Jan 2023 | NOK 80.4b | NOK 23.2b | -NOK 141,363,836.00 | 19x | -568.7x | 3.5x |
| Tue, 29 Nov 2022 | NOK 80.9b | NOK 23.3b | -NOK 117,399,651.00 | 18.4x | -689x | 3.5x |
| Thu, 27 Oct 2022 | NOK 85.7b | NOK 22.2b | -NOK 359,153,176.00 | 18.2x | -238.6x | 3.9x |
| Sat, 24 Sep 2022 | NOK 54.8b | NOK 22.5b | -NOK 347,095,964.00 | 16.5x | -158x | 2.4x |
| Mon, 22 Aug 2022 | NOK 71.8b | NOK 22.0b | -NOK 308,292,219.00 | 8.2x | -232.8x | 3.3x |
| Wed, 20 Jul 2022 | NOK 71.8b | NOK 21.9b | -NOK 429,877,522.00 | 7.6x | -167x | 3.3x |
| Fri, 17 Jun 2022 | NOK 92.0b | NOK 20.9b | -NOK 504,409,234.00 | 21.5x | -182.3x | 4.4x |
| Sun, 15 May 2022 | NOK 88.9b | NOK 20.3b | -NOK 476,550,165.00 | 18.4x | -186.5x | 4.4x |
| Tue, 12 Apr 2022 | NOK 111.4b | NOK 18.6b | -NOK 862,246,135.00 | 13.6x | -129.2x | 6x |
| Thu, 10 Mar 2022 | NOK 124.5b | NOK 18.3b | -NOK 885,581,389.00 | 8.2x | -140.6x | 6.8x |
| Sat, 05 Feb 2022 | NOK 100.7b | NOK 15.9b | -NOK 1,163,683,772.00 | 8.7x | -86.5x | 6.3x |
| Mon, 03 Jan 2022 | NOK 138.4b | NOK 15.9b | -NOK 1,164,337,683.00 | 8.9x | -118.9x | 8.7x |
| Wed, 01 Dec 2021 | NOK 176.2b | NOK 16.0b | -NOK 1,156,386,886.00 | 8.3x | -152.4x | 11x |
| Fri, 29 Oct 2021 | NOK 146.6b | NOK 12.6b | -NOK 916,614,781.00 | 8.7x | -159.9x | 11.6x |
| Sun, 26 Sep 2021 | NOK 23.1b | NOK 12.6b | -NOK 921,203,301.00 | 8.8x | -25x | 1.8x |
Price to Earnings Ratio
-25x
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 2.3x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 53% 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 | 1.23% | |
| Industrials | 2.28% | |
| Machinery | 3.70% | |
| Construction Machinery and Vehicles | 4.34% | |
| Industrial Machinery | 3.79% | |
| Agricultural Machinery | -1.98% | |
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 36.8%, which is lower than the prior year's growth of 163.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 75% over the next 5 years.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 37% 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 | |
|---|---|---|---|---|---|
| TOM Tomra Systems | NOK 157.00 | 4.2% +NOK 1.9b | 17.9% | PE80.4x | |
| AUTO AutoStore Holdings | NOK 9.65 | 2.6% +NOK 822.9m | -37.1% | PE19x | |
| HEX Hexagon Composites | NOK 42.60 | 9.0% +NOK 733.6m | 22.1% | PS1.7x | |
| HPUR Hexagon Purus | NOK 10.36 | 11.8% +NOK 302.7m | -42.7% | PS1.7x | |
| ENDUR Endúr | NOK 60.10 | 3.3% +NOK 70.1m | 44.8% | PE171.9x |
