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

Norwegian (OSEAX) Machinery Industry Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies15
  • 7D3.1%
  • 3M9.2%
  • 1Y9.8%
  • YTD0.2%

The Machinery industry is up 3.1% in the last week, with AutoStore Holdings up 18%. This takes the industry's 12 month performance to a gain of 9.8%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026NOK 154.9bNOK 70.0bNOK 4.6b28.5x33.7x2.2x
Fri, 17 Jul 2026NOK 134.9bNOK 70.1bNOK 3.2b28.1x42.6x1.9x
Sun, 14 Jun 2026NOK 134.2bNOK 42.8bNOK 455.9m31.7x294.4x3.1x
Tue, 12 May 2026NOK 145.8bNOK 41.2bNOK 69.6m28.5x2096.6x3.5x
Thu, 09 Apr 2026NOK 89.3bNOK 41.0b-NOK 807,577,238.4228.6x-110.6x2.2x
Sat, 07 Mar 2026NOK 87.6bNOK 41.0b-NOK 902,124,295.7026.2x-97.2x2.1x
Mon, 02 Feb 2026NOK 92.6bNOK 40.4b-NOK 1,568,014,470.4229.9x-59.1x2.3x
Wed, 31 Dec 2025NOK 96.2bNOK 41.1b-NOK 1,497,384,887.1825x-64.3x2.3x
Fri, 28 Nov 2025NOK 90.5bNOK 41.1b-NOK 1,489,085,001.6726.1x-60.8x2.2x
Sun, 26 Oct 2025NOK 87.0bNOK 40.4b-NOK 1,237,430,665.4032.5x-70.3x2.2x
Tue, 23 Sep 2025NOK 93.7bNOK 41.0b-NOK 970,734,994.3029.3x-96.5x2.3x
Thu, 21 Aug 2025NOK 94.7bNOK 40.3b-NOK 912,370,460.1136.2x-103.8x2.3x
Sat, 19 Jul 2025NOK 85.1bNOK 41.0b-NOK 778,167,002.9826.7x-109.4x2.1x
Mon, 16 Jun 2025NOK 82.3bNOK 40.6b-NOK 803,004,096.0423.4x-102.5x2x
Wed, 14 May 2025NOK 82.0bNOK 40.9bNOK 256.5m15.7x319.8x2x
Fri, 11 Apr 2025NOK 85.9bNOK 42.3bNOK 687.4m17.1x125x2x
Sun, 09 Mar 2025NOK 103.0bNOK 41.8bNOK 689.1m19.7x149.5x2.5x
Tue, 04 Feb 2025NOK 105.8bNOK 46.5b-NOK 364,011,289.4719.2x-290.7x2.3x
Thu, 02 Jan 2025NOK 105.3bNOK 46.5b-NOK 543,303,271.8217.2x-193.9x2.3x
Sat, 30 Nov 2024NOK 110.6bNOK 46.0b-NOK 566,414,540.8917x-195.3x2.4x
Mon, 28 Oct 2024NOK 104.1bNOK 45.4b-NOK 412,453,475.8617.7x-252.3x2.3x
Wed, 25 Sep 2024NOK 104.4bNOK 44.8b-NOK 498,929,621.2417.4x-209.2x2.3x
Fri, 23 Aug 2024NOK 107.8bNOK 45.0b-NOK 250,740,104.1318.1x-429.8x2.4x
Sun, 21 Jul 2024NOK 115.9bNOK 45.0b-NOK 2,125,244,462.9815.2x-54.5x2.6x
Tue, 18 Jun 2024NOK 110.1bNOK 44.6b-NOK 2,032,964,771.6114.3x-54.2x2.5x
Thu, 16 May 2024NOK 116.4bNOK 44.3b-NOK 1,966,159,894.5214.4x-59.2x2.6x
Sat, 13 Apr 2024NOK 121.5bNOK 44.5b-NOK 1,916,843,498.2414.3x-63.4x2.7x
Mon, 11 Mar 2024NOK 125.4bNOK 44.0b-NOK 1,859,255,040.0014.2x-67.5x2.9x
Wed, 07 Feb 2024NOK 108.7bNOK 43.5b-NOK 1,285,803,516.5524.8x-84.5x2.5x
Fri, 05 Jan 2024NOK 111.7bNOK 43.2b-NOK 1,255,643,959.0026.1x-88.9x2.6x
Sun, 03 Dec 2023NOK 110.1bNOK 43.6b-NOK 1,293,989,608.0025.3x-85.1x2.5x
Tue, 31 Oct 2023NOK 85.7bNOK 43.1b-NOK 1,641,019,776.0022.9x-52.2x2x
Thu, 28 Sep 2023NOK 108.9bNOK 42.3b-NOK 1,477,616,115.0027x-73.7x2.6x
Sat, 26 Aug 2023NOK 125.8bNOK 41.9b-NOK 1,562,893,489.0029.7x-80.5x3x
Price to Earnings Ratio

-80.5x


Total Market Cap: NOK 125.8bTotal Earnings: -NOK 1,562,893,489.00Total Revenue: NOK 41.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -57.1x202420252026
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 33.7x which is higher than its 3-year average PE of -57.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • Total earnings for the Machinery industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 19% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

NO Market1.36%
Industrials2.92%
Machinery3.05%
Industrial Machinery7.68%
Agricultural Machinery3.33%
Construction Machinery and Vehicles-3.93%
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 28.2%, 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 28% 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 15.9018.1%
+NOK 8.2b		75.9%PE34.6x
AKVA AKVA groupNOK 139.503.3%
+NOK 175.8m		45.9%PE23.4x
NKR NekkarNOK 14.701.4%
+NOK 20.3m		50.9%PS2.5x
CAMBI CambiNOK 22.000.5%
+NOK 16.0m		4.8%PE25.7x
HYPRO HydrogenProNOK 0.605.3%
+NOK 4.1m		-81.1%PS1x

Latest News

TOM
NOK 104.00
Tomra Systems
7D
-4.0%
1Y
-33.3%
Narrative Update • Aug 17

TOM: UK Deposit Scheme Contract Will Support Future Upside Potential

Analysts have trimmed their price target for Tomra Systems to NOK 120 from NOK 150, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News for Tomra Systems Tomra Systems ASA has been appointed supplier of about 1,200 reverse vending machines to a leading international retail chain in the UK, with deliveries planned to start in the first half of 2027.
AUTO
NOK 15.90
AutoStore Holdings
7D
18.1%
1Y
75.9%
Analysis Article • Aug 17

AutoStore Holdings Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

As you might know, AutoStore Holdings Ltd. ( OB:AUTO ) just kicked off its latest quarterly results with some very...
AKVA
NOK 139.50
AKVA group
7D
3.3%
1Y
45.9%
Narrative Update • Aug 15

AKVA: 2027 Guidance And Iceland Project Will Support Measured Upside Potential

Analysts have raised the AKVA group price target from NOK 130 to NOK 145, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E levels as the key drivers of the change. What’s in the News for AKVA group AKVA group issued earnings guidance for 2027 that points to minimum revenue of NOK 5,000,000,000 and an EBIT margin of 9%.
HPUR
NOK 8.54
Hexagon Purus
7D
-5.1%
1Y
-53.2%
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 13.63
Hexagon Composites
7D
-3.3%
1Y
-20.8%
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 4.85
Capsol Technologies
7D
-8.1%
1Y
-47.2%
GOD
NOK 14.10
Goodtech
7D
0.7%
1Y
48.1%
HYPRO
NOK 0.60
HydrogenPro
7D
5.3%
1Y
-81.1%
KMAR
NOK 54.54
Kongsberg Maritime
7D
-3.8%
1Y
n/a
NKR
NOK 14.70
Nekkar
7D
1.4%
1Y
50.9%
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 22.00
Cambi
7D
0.5%
1Y
4.8%
HAV
NOK 13.75
HAV Group
7D
-4.5%
1Y
84.3%
SCANA
NOK 1.46
Scana
7D
0.3%
1Y
2.3%
ENDUR
NOK 110.00
Endúr
7D
-6.1%
1Y
22.6%
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...
NTG
NOK 1.40
Nordic Technology Group
7D
-22.2%
1Y
55.6%