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Norwegian (OSEAX) Machinery Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies15
  • 7D0.7%
  • 3M5.8%
  • 1Y-23.1%
  • YTD-18.5%

Over the last 7 days, the Machinery industry has risen 3.8%, driven by gains from Tomra Systems of 3.5%. In contrast, the industry has lost 22% in the last 12 months. 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
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
Wed, 10 May 2023NOK 142.1bNOK 39.1bNOK 594.1m58.1x239.2x3.6x
Fri, 07 Apr 2023NOK 103.6bNOK 25.3b-NOK 82,896,962.0070.1x-1249.5x4.1x
Sun, 05 Mar 2023NOK 103.8bNOK 25.3b-NOK 114,179,092.0044x-909.3x4.1x
Tue, 31 Jan 2023NOK 101.3bNOK 23.3b-NOK 129,638,060.0016.6x-781.8x4.3x
Thu, 29 Dec 2022NOK 80.6bNOK 23.3b-NOK 133,401,711.0018x-604.1x3.5x
Sat, 26 Nov 2022NOK 89.6bNOK 23.2b-NOK 124,809,125.0018.6x-717.6x3.9x
Mon, 24 Oct 2022NOK 78.1bNOK 22.5b-NOK 347,416,651.0017.3x-224.7x3.5x
Wed, 21 Sep 2022NOK 60.4bNOK 22.3b-NOK 356,657,253.0016.1x-169.2x2.7x
Fri, 19 Aug 2022NOK 71.4bNOK 21.1b-NOK 693,200,089.008.1x-103x3.4x
Price to Earnings Ratio

-103x


Total Market Cap: NOK 71.4bTotal Earnings: -NOK 693,200,089.00Total Revenue: NOK 21.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -185.1x202320242025
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 2.9x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • Losses for companies in the Machinery industry have mostly stayed the same over the last three years.
  • Meanwhile revenues for these companies have grown 25% 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 and as a result, losses haven't seen much improvement.

Industry Trends

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

NO Market-0.45%
Industrials-1.58%
Machinery0.66%
Industrial Machinery1.02%
Construction Machinery and Vehicles-1.89%
Agricultural Machinery-2.27%
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 28.7%, which is higher than its past year's earnings growth of 3.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 20% 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
TOM Tomra SystemsNOK 149.203.5%
+NOK 1.5b		-5.7%PE35.4x
HEX Hexagon CompositesNOK 18.027.3%
+NOK 251.2m		-45.3%PS0.8x
CAPSL Capsol TechnologiesNOK 9.001.8%
+NOK 10.1m		-34.8%n/a
HAV HAV GroupNOK 7.403.1%
+NOK 7.7m		-19.7%PS0.3x
NTG Nordic Technology GroupNOK 0.955.6%
+NOK 7.3m		-65.1%PS2.8x

Latest News

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HAV
NOK 7.40
HAV Group
7D
3.1%
1Y
-19.7%
TOM
NOK 149.20
Tomra Systems
7D
3.5%
1Y
-5.7%
GOD
NOK 9.78
Goodtech
7D
0.8%
1Y
-16.8%
HPUR
NOK 1.90
Hexagon Purus
7D
-0.1%
1Y
-77.9%
AKVA
NOK 86.00
AKVA group
7D
-2.3%
1Y
17.8%
EQVA
NOK 4.92
Eqva
7D
-0.6%
1Y
-5.7%
NTG
NOK 0.95
Nordic Technology Group
7D
5.6%
1Y
-65.1%
HEX
NOK 18.02
Hexagon Composites
7D
7.3%
1Y
-45.3%
ENDUR
NOK 86.20
Endúr
7D
-3.0%
1Y
53.1%
CAPSL
NOK 9.00
Capsol Technologies
7D
1.8%
1Y
-34.8%