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Norwegian (OSEAX) Machinery Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies15
  • 7D4.4%
  • 3M2.2%
  • 1Y10.6%
  • YTD-4.4%

In the last week, the Machinery industry is up 4.4%, with Kongsberg Maritime up 6.0%. This means that the industry has gained 11% over the past year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026NOK 147.6bNOK 69.6bNOK 4.2b29.7x34.9x2.1x
Wed, 08 Jul 2026NOK 136.2bNOK 70.1bNOK 3.1b28.3x44x1.9x
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
Price to Earnings Ratio

539.4x


Total Market Cap: NOK 144.2bTotal Earnings: NOK 267.4mTotal Revenue: NOK 41.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -53.1x202420252026
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 34.9x which is higher than its 3-year average PE of -53.1x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 151% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NO Market0.067%
Industrials3.56%
Machinery4.37%
Construction Machinery and Vehicles5.59%
Industrial Machinery4.08%
Agricultural Machinery-4.35%
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 33.5%, which is higher than its past year's earnings growth of 3.2% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 3.2% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 16% 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 13.1110.2%
+NOK 4.1b		90.6%PE37.1x
KMAR Kongsberg MaritimeNOK 57.185.8%
+NOK 2.7b		n/aPE18.9x
HEX Hexagon CompositesNOK 14.0528.4%
+NOK 996.1m		-22.0%PS1.7x
ENDUR EndúrNOK 119.004.6%
+NOK 266.2m		38.1%PE33.8x
CAMBI CambiNOK 21.902.3%
+NOK 80.0m		3.3%PE25.6x

Latest News

HPUR
NOK 9.16
Hexagon Purus
7D
1.8%
1Y
-51.8%
Analysis Article • Aug 09

The Hexagon Purus ASA (OB:HPUR) Analysts Have Been Trimming Their Sales Forecasts

Market forces rained on the parade of Hexagon Purus ASA ( OB:HPUR ) shareholders today, when the analysts downgraded...
HEX
NOK 14.05
Hexagon Composites
7D
28.4%
1Y
-22.0%
Analysis Article • Aug 09

Hexagon Composites ASA (OB:HEX) Just Reported Second-Quarter Earnings And Analysts Are Lifting Their Estimates

The investors in Hexagon Composites ASA 's ( OB:HEX ) will be rubbing their hands together with glee today, after the...
CAPSL
NOK 5.10
Capsol Technologies
7D
-5.6%
1Y
-43.3%
GOD
NOK 14.00
Goodtech
7D
-4.1%
1Y
43.1%
HYPRO
NOK 0.57
HydrogenPro
7D
-5.3%
1Y
-82.2%
TOM
NOK 107.20
Tomra Systems
7D
-0.6%
1Y
-28.2%
Analysis Article • Jul 25

Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture

Tomra Systems ASA's ( OB:TOM ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
KMAR
NOK 57.18
Kongsberg Maritime
7D
5.8%
1Y
n/a
AKVA
NOK 132.50
AKVA group
7D
-4.0%
1Y
54.1%
Narrative Update • Jun 24

AKVA: Review Of Alternatives Will Support Stronger Long Term Upside

Analysts have kept their NOK 145.0 price target for AKVA group unchanged, citing slightly adjusted assumptions for the discount rate and future P/E after recent research, including a downgrade from Pareto. What’s in the News for AKVA group AKVA group ASA announced a contract from Laxey EHF for design and delivery of a smolt facility at Westman Islands, Iceland, with a total estimated contract value of €28 million, covering three development phases.
NKR
NOK 14.75
Nekkar
7D
-0.3%
1Y
48.1%
New Narrative • Jun 07

Offshore Automation And Maritime Services Will Shape A Stable Yet Capped Future Outlook

Catalysts About Nekkar Nekkar is an industrial group that builds and owns ocean focused technology companies serving defense, maritime, offshore and aquaculture markets. What are the underlying business or industry changes driving this perspective?
CAMBI
NOK 21.90
Cambi
7D
2.3%
1Y
3.3%
HAV
NOK 14.10
HAV Group
7D
1.8%
1Y
90.5%
SCANA
NOK 1.46
Scana
7D
1.0%
1Y
0.4%
ENDUR
NOK 119.00
Endúr
7D
4.6%
1Y
38.1%
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...
AUTO
NOK 13.11
AutoStore Holdings
7D
10.2%
1Y
90.6%
NTG
NOK 1.78
Nordic Technology Group
7D
-1.1%
1Y
87.4%