Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Machinery Industry Analysis

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.4%
  • 3M11.0%
  • 1Y-10.6%
  • YTD-11.9%

Over the last 7 days, the Machinery industry has remained flat, although notably AutoStore Holdings gained 5.0%. Unfortunately though, the industry is down 11% over the past 12 months. Looking forward, earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025NOK 93.3bNOK 40.7b-NOK 990,492,216.2829.4x-94.2x2.3x
Thu, 14 Aug 2025NOK 86.5bNOK 41.0b-NOK 722,115,463.6124.7x-119.8x2.1x
Sat, 12 Jul 2025NOK 90.9bNOK 41.2b-NOK 748,094,796.5525.8x-121.5x2.2x
Mon, 09 Jun 2025NOK 83.5bNOK 40.8b-NOK 770,160,096.9522x-108.4x2x
Wed, 07 May 2025NOK 83.3bNOK 40.8bNOK 367.9m14.9x226.4x2x
Fri, 04 Apr 2025NOK 91.0bNOK 41.1bNOK 573.0m18.2x158.8x2.2x
Sun, 02 Mar 2025NOK 103.7bNOK 41.8bNOK 712.7m19.6x145.5x2.5x
Tue, 28 Jan 2025NOK 106.7bNOK 46.4b-NOK 370,626,819.1918.1x-288x2.3x
Thu, 26 Dec 2024NOK 105.7bNOK 46.5b-NOK 545,975,367.3017.2x-193.6x2.3x
Sat, 23 Nov 2024NOK 106.4bNOK 45.8b-NOK 637,196,840.3118.3x-167x2.3x
Mon, 21 Oct 2024NOK 100.3bNOK 45.7b-NOK 438,334,248.2717.3x-228.8x2.2x
Wed, 18 Sep 2024NOK 103.5bNOK 45.2b-NOK 294,292,561.2916.6x-351.6x2.3x
Fri, 16 Aug 2024NOK 107.0bNOK 45.2b-NOK 2,117,150,427.1714.9x-50.5x2.4x
Sun, 14 Jul 2024NOK 111.4bNOK 44.6b-NOK 2,038,607,390.4015.6x-54.6x2.5x
Tue, 11 Jun 2024NOK 114.6bNOK 44.6b-NOK 2,053,024,298.2815.1x-55.8x2.6x
Thu, 09 May 2024NOK 113.3bNOK 44.5b-NOK 2,176,301,512.0914.6x-52.1x2.5x
Sat, 06 Apr 2024NOK 126.4bNOK 44.3b-NOK 1,898,786,378.0613.8x-66.6x2.9x
Mon, 04 Mar 2024NOK 114.0bNOK 43.9b-NOK 1,937,410,468.0014.5x-58.9x2.6x
Wed, 31 Jan 2024NOK 116.1bNOK 43.3b-NOK 1,270,010,007.0025.8x-91.4x2.7x
Fri, 29 Dec 2023NOK 123.8bNOK 43.0b-NOK 1,242,427,985.0027x-99.7x2.9x
Sun, 26 Nov 2023NOK 103.9bNOK 43.5b-NOK 1,325,300,121.0025.8x-78.4x2.4x
Tue, 24 Oct 2023NOK 90.3bNOK 43.1b-NOK 1,632,443,643.0022.5x-55.3x2.1x
Thu, 21 Sep 2023NOK 115.5bNOK 42.3b-NOK 1,473,396,453.0028.3x-78.4x2.7x
Sat, 19 Aug 2023NOK 131.6bNOK 41.4b-NOK 1,372,741,068.0039.5x-95.8x3.2x
Mon, 17 Jul 2023NOK 148.3bNOK 40.3bNOK 175.0m45.2x847.5x3.7x
Wed, 14 Jun 2023NOK 156.3bNOK 39.9bNOK 313.2m50.4x499.1x3.9x
Fri, 12 May 2023NOK 144.0bNOK 39.3bNOK 576.6m58.8x249.7x3.7x
Sun, 09 Apr 2023NOK 103.6bNOK 25.3b-NOK 67,682,152.0069.8x-1530.4x4.1x
Tue, 07 Mar 2023NOK 104.8bNOK 25.3b-NOK 112,092,854.0045.7x-935.4x4.1x
Thu, 02 Feb 2023NOK 104.4bNOK 23.4b-NOK 126,100,182.0017.7x-828.3x4.5x
Sat, 31 Dec 2022NOK 80.5bNOK 23.2b-NOK 141,363,836.0019x-569.5x3.5x
Mon, 28 Nov 2022NOK 89.6bNOK 23.2b-NOK 124,809,125.0018.6x-717.6x3.9x
Wed, 26 Oct 2022NOK 81.9bNOK 22.3b-NOK 354,949,981.0017.4x-230.7x3.7x
Fri, 23 Sep 2022NOK 56.8bNOK 22.4b-NOK 353,055,523.0016.4x-160.9x2.5x
Price to Earnings Ratio

-160.9x


Total Market Cap: NOK 56.8bTotal Earnings: -NOK 353,055,523.00Total Revenue: NOK 22.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -182.2x202320242025
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 2.3x.
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 22% 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 Market1.20%
Industrials1.14%
Machinery-0.38%
Construction Machinery and Vehicles0.90%
Industrial Machinery-0.38%
Agricultural Machinery-2.74%
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 35.7%, which is higher than its past year's earnings growth of 12.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 54% over the next 5 years.
  • However this is lower than its past earnings growth rate of 163% 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
AUTO AutoStore HoldingsNOK 9.447.3%
+NOK 2.2b		-2.5%PE40.4x
CAMBI CambiNOK 20.004.7%
+NOK 144.0m		43.9%PE19.5x
CAPSL Capsol TechnologiesNOK 7.4014.2%
+NOK 57.9m		-41.7%n/a
NKR NekkarNOK 10.303.8%
+NOK 38.1m		1.5%PE30.1x
GOD GoodtechNOK 9.505.1%
+NOK 13.5m		-18.1%PE16.7x

Latest News

CAPSL
NOK 7.40
Capsol Technologies
7D
14.2%
1Y
-41.7%
AUTO
NOK 9.44
AutoStore Holdings
7D
7.3%
1Y
-2.5%

AutoStore Holdings Ltd.'s (OB:AUTO) P/E Is Still On The Mark Following 28% Share Price Bounce

Sep 06
AutoStore Holdings Ltd.'s (OB:AUTO) P/E Is Still On The Mark Following 28% Share Price Bounce
NKR
NOK 10.30
Nekkar
7D
3.8%
1Y
1.5%

Nekkar's (OB:NKR) Conservative Accounting Might Explain Soft Earnings

Sep 05
Nekkar's (OB:NKR) Conservative Accounting Might Explain Soft Earnings
TOM
NOK 150.00
Tomra Systems
7D
-3.4%
1Y
-4.5%
EQVA
NOK 4.73
Eqva
7D
-1.0%
1Y
-21.2%

Investors Aren't Entirely Convinced By Eqva ASA's (OB:EQVA) Revenues

Sep 04
Investors Aren't Entirely Convinced By Eqva ASA's (OB:EQVA) Revenues
ENDUR
NOK 89.10
Endúr
7D
-0.7%
1Y
47.8%

We Think Endúr's (OB:ENDUR) Robust Earnings Are Conservative

Aug 29
We Think Endúr's (OB:ENDUR) Robust Earnings Are Conservative
HAV
NOK 7.00
HAV Group
7D
-1.4%
1Y
-19.7%
SCANA
NOK 1.72
Scana
7D
-3.8%
1Y
-46.5%
CAMBI
NOK 20.00
Cambi
7D
4.7%
1Y
43.9%
AKVA
NOK 95.60
AKVA group
7D
-1.2%
1Y
62.6%
HPUR
NOK 1.58
Hexagon Purus
7D
-0.1%
1Y
-84.7%

European Incentives And Cost Cuts Will Advance Hydrogen Mobility

The consensus price target for Hexagon Purus has increased to NOK3.95, reflecting analysts’ more optimistic outlook underpinned by a notable rise in both the future P/E and net profit margin. What's in the News Hexagon Purus signed a long-term agreement with Hino Trucks to produce and supply Class 6 & 7 battery electric straight trucks for the U.S. market, with initial prototypes expected in the fourth quarter 2025 and general sales through Hino’s dealer network from 2026.
HYPRO
NOK 3.14
HydrogenPro
7D
1.3%
1Y
-65.1%
HEX
NOK 16.28
Hexagon Composites
7D
-1.3%
1Y
-59.5%
GOD
NOK 9.50
Goodtech
7D
5.1%
1Y
-18.1%
NTG
NOK 0.85
Nordic Technology Group
7D
1.2%
1Y
-72.4%