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Norwegian (OSEAX) Machinery Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies15
  • 7D-1.4%
  • 3M-9.5%
  • 1Y-26.2%
  • YTD-22.2%

The Machinery industry is down 1.4% over the last week with Cambi the worst performer, down 4.9%. However, the industry is down 26% over the past year. As for the next few years, earnings are expected to grow by 38% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Nov 2025NOK 83.9bNOK 41.2b-NOK 1,476,253,699.2825.2x-56.8x2x
Thu, 23 Oct 2025NOK 86.3bNOK 40.4b-NOK 1,230,375,138.5532x-70.2x2.1x
Sat, 20 Sep 2025NOK 95.8bNOK 40.9b-NOK 971,430,001.6729.2x-98.6x2.3x
Mon, 18 Aug 2025NOK 95.3bNOK 40.3b-NOK 915,263,947.0636.5x-104.1x2.4x
Wed, 16 Jul 2025NOK 91.8bNOK 41.4b-NOK 714,334,450.9327x-128.4x2.2x
Fri, 13 Jun 2025NOK 83.7bNOK 40.7b-NOK 790,097,562.1923.1x-106x2.1x
Sun, 11 May 2025NOK 79.7bNOK 41.0bNOK 264.2m15.8x301.6x1.9x
Tue, 08 Apr 2025NOK 83.7bNOK 42.3bNOK 719.0m16.2x116.4x2x
Thu, 06 Mar 2025NOK 99.8bNOK 41.9bNOK 694.6m20.3x143.6x2.4x
Sat, 01 Feb 2025NOK 105.8bNOK 46.4b-NOK 371,906,783.8419.6x-284.5x2.3x
Mon, 30 Dec 2024NOK 106.9bNOK 46.5b-NOK 542,059,153.7717.4x-197.1x2.3x
Wed, 27 Nov 2024NOK 110.5bNOK 46.0b-NOK 605,811,953.5617.3x-182.5x2.4x
Fri, 25 Oct 2024NOK 102.2bNOK 45.4b-NOK 412,733,105.5417.6x-247.5x2.2x
Sun, 22 Sep 2024NOK 103.5bNOK 45.0b-NOK 487,402,174.4816.7x-212.4x2.3x
Tue, 20 Aug 2024NOK 108.1bNOK 44.7b-NOK 186,735,195.0617.6x-578.8x2.4x
Thu, 18 Jul 2024NOK 111.8bNOK 44.6b-NOK 2,144,461,498.5615.5x-52.1x2.5x
Sat, 15 Jun 2024NOK 111.1bNOK 44.6b-NOK 2,034,105,540.4014.8x-54.6x2.5x
Mon, 13 May 2024NOK 113.4bNOK 44.4b-NOK 1,981,346,435.3114.7x-57.3x2.6x
Wed, 10 Apr 2024NOK 124.8bNOK 44.2b-NOK 1,893,369,445.8813.6x-65.9x2.8x
Fri, 08 Mar 2024NOK 117.8bNOK 44.0b-NOK 1,856,346,814.0014.2x-63.5x2.7x
Sun, 04 Feb 2024NOK 113.1bNOK 43.5b-NOK 1,287,966,527.0025.3x-87.8x2.6x
Tue, 02 Jan 2024NOK 124.7bNOK 43.0b-NOK 1,241,076,363.0027.2x-100.5x2.9x
Thu, 30 Nov 2023NOK 106.4bNOK 43.6b-NOK 1,294,733,111.0024x-82.2x2.4x
Sat, 28 Oct 2023NOK 84.4bNOK 43.2b-NOK 1,646,255,833.0023x-51.3x2x
Mon, 25 Sep 2023NOK 113.2bNOK 42.4b-NOK 1,480,196,141.0027.9x-76.5x2.7x
Wed, 23 Aug 2023NOK 126.5bNOK 41.6b-NOK 1,615,568,766.0039.2x-78.3x3x
Fri, 21 Jul 2023NOK 151.8bNOK 40.4bNOK 176.7m43.8x859.5x3.8x
Sun, 18 Jun 2023NOK 162.7bNOK 39.9bNOK 308.2m52.3x527.8x4.1x
Tue, 16 May 2023NOK 143.0bNOK 39.6bNOK 520.2m36.3x275x3.6x
Thu, 13 Apr 2023NOK 103.4bNOK 25.3b-NOK 71,742,300.0069.1x-1440.9x4.1x
Sat, 11 Mar 2023NOK 103.5bNOK 25.6b-NOK 61,057,866.0044.3x-1694.3x4x
Mon, 06 Feb 2023NOK 105.4bNOK 23.6b-NOK 109,068,349.0017.4x-966.4x4.5x
Wed, 04 Jan 2023NOK 89.3bNOK 23.4b-NOK 120,904,352.0018.2x-738.7x3.8x
Fri, 02 Dec 2022NOK 84.3bNOK 23.1b-NOK 134,408,678.0018x-627.1x3.7x
Price to Earnings Ratio

-627.1x


Total Market Cap: NOK 84.3bTotal Earnings: -NOK 134,408,678.00Total Revenue: NOK 23.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -167.2x202320242025
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 2.8x is higher than the industry's current PS ratio of 2.0x.
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 21% 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-2.00%
Industrials-2.67%
Machinery-1.45%
Agricultural Machinery2.24%
Industrial Machinery-1.45%
Construction Machinery and Vehicles-3.25%
Industry PE
  • Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 21.0%, which is lower than the prior year's growth of 94.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 21% 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
AUTO AutoStore HoldingsNOK 10.163.1%
+NOK 1.0b		-16.1%PE41.1x
HPUR Hexagon PurusNOK 1.8910.4%
+NOK 76.3m		-64.7%PS0.8x
NTG Nordic Technology GroupNOK 1.8213.8%
+NOK 31.9m		-32.6%PS5.8x

Latest News

HAV
NOK 5.90
HAV Group
7D
-7.2%
1Y
-16.9%
CAMBI
NOK 15.60
Cambi
7D
-4.9%
1Y
7.6%
HYPRO
NOK 2.49
HydrogenPro
7D
-15.9%
1Y
-45.4%
ENDUR
NOK 82.40
Endúr
7D
-2.8%
1Y
30.4%

Endúr ASA Just Missed EPS By 5.1%: Here's What Analysts Think Will Happen Next

Nov 18
Endúr ASA Just Missed EPS By 5.1%: Here's What Analysts Think Will Happen Next
HEX
NOK 6.42
Hexagon Composites
7D
-2.9%
1Y
-85.7%
AKVA
NOK 89.00
AKVA group
7D
-1.8%
1Y
26.8%

AKVA group (OB:AKVA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 15
AKVA group (OB:AKVA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
NKR
NOK 11.10
Nekkar
7D
-9.8%
1Y
15.1%
HPUR
NOK 1.89
Hexagon Purus
7D
10.4%
1Y
-64.7%

HPUR: Revenue Outlook Will Offset Profit Margins Amid Index Removal Risk

Analysts have lowered their price target for Hexagon Purus from $3.53 to $1.95. They cite a modest increase in revenue growth expectations, but also note that greater discount rates and reduced profitability forecasts have influenced their decision.
AUTO
NOK 10.16
AutoStore Holdings
7D
3.1%
1Y
-16.1%
NTG
NOK 1.82
Nordic Technology Group
7D
13.8%
1Y
-32.6%

Here's Why Nordic Technology Group (OB:NTG) Can Afford Some Debt

Oct 02
Here's Why Nordic Technology Group (OB:NTG) Can Afford Some Debt
SCANA
NOK 1.44
Scana
7D
-3.9%
1Y
-49.9%