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Norwegian (OSEAX) Machinery Industry Analysis

UpdatedJul 05, 2024
DataAggregated Company Financials
Companies17
  • 7D4.3%
  • 3M-16.7%
  • 1Y-28.2%
  • YTD-13.3%

Over the last 7 days, the Machinery industry has risen 4.9%, driven by gains from AutoStore Holdings of 8.7%. Meanwhile, Nordic Technology Group actually underperformed within the industry, shrinking 31% in the last week. However, the industry is down 32% over the past year. As for the next few years, earnings are expected to grow by 49% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jul 2024NOK 105.4bNOK 44.5b-NOK 2,024,740,792.0316.1x-52.1x2.4x
Sun, 02 Jun 2024NOK 110.9bNOK 44.4b-NOK 2,027,923,330.7214.4x-54.7x2.5x
Tue, 30 Apr 2024NOK 112.5bNOK 44.5b-NOK 2,054,568,175.4113.7x-54.7x2.5x
Thu, 28 Mar 2024NOK 134.9bNOK 44.3b-NOK 1,903,764,981.1413.6x-70.9x3x
Sat, 24 Feb 2024NOK 120.2bNOK 43.6b-NOK 1,984,130,180.0040.5x-60.6x2.8x
Mon, 22 Jan 2024NOK 115.5bNOK 43.4b-NOK 1,275,489,218.0024.8x-90.6x2.7x
Wed, 20 Dec 2023NOK 123.5bNOK 43.1b-NOK 1,252,757,867.0026.5x-98.6x2.9x
Fri, 17 Nov 2023NOK 110.7bNOK 43.6b-NOK 1,321,134,168.0019.2x-83.8x2.5x
Sun, 15 Oct 2023NOK 97.9bNOK 42.5b-NOK 1,503,373,536.0025x-65.1x2.3x
Tue, 12 Sep 2023NOK 121.1bNOK 42.2b-NOK 1,465,505,056.0028.8x-82.6x2.9x
Thu, 10 Aug 2023NOK 146.5bNOK 40.5bNOK 183.0m42.3x800.9x3.6x
Sat, 08 Jul 2023NOK 142.3bNOK 39.9bNOK 310.7m46.3x458x3.6x
Mon, 05 Jun 2023NOK 160.5bNOK 40.3bNOK 331.3m52.6x484.5x4x
Wed, 03 May 2023NOK 147.3bNOK 38.9bNOK 843.6m59.3x174.6x3.8x
Fri, 31 Mar 2023NOK 105.1bNOK 25.2b-NOK 84,809,470.0069.4x-1238.8x4.2x
Sun, 26 Feb 2023NOK 98.7bNOK 24.9b-NOK 58,014,996.0019.7x-1700.7x4x
Tue, 24 Jan 2023NOK 101.5bNOK 23.2b-NOK 139,707,404.0016.5x-726.2x4.4x
Thu, 22 Dec 2022NOK 84.6bNOK 23.2b-NOK 136,488,042.0018.6x-620.1x3.6x
Sat, 19 Nov 2022NOK 81.5bNOK 23.8b-NOK 95,159,982.0017.2x-856.7x3.4x
Mon, 17 Oct 2022NOK 72.8bNOK 22.6b-NOK 344,429,808.0017.5x-211.2x3.2x
Wed, 14 Sep 2022NOK 73.1bNOK 21.9b-NOK 373,735,625.0017.5x-195.6x3.3x
Fri, 12 Aug 2022NOK 80.6bNOK 20.5b-NOK 604,388,712.007.9x-133.3x3.9x
Sun, 10 Jul 2022NOK 76.6bNOK 21.0b-NOK 505,112,392.0019.5x-151.6x3.7x
Tue, 07 Jun 2022NOK 101.0bNOK 20.6b-NOK 497,881,488.0023.2x-202.9x4.9x
Thu, 05 May 2022NOK 97.8bNOK 19.4b-NOK 809,365,208.0018.4x-120.8x5x
Sat, 02 Apr 2022NOK 131.2bNOK 18.5b-NOK 858,716,357.0013.6x-152.7x7.1x
Mon, 28 Feb 2022NOK 116.1bNOK 18.2b-NOK 883,164,133.008.4x-131.5x6.4x
Wed, 26 Jan 2022NOK 89.0bNOK 15.9b-NOK 1,168,729,798.008.6x-76.2x5.6x
Fri, 24 Dec 2021NOK 122.6bNOK 15.9b-NOK 1,165,318,404.008.6x-105.2x7.7x
Sun, 21 Nov 2021NOK 171.0bNOK 13.2b-NOK 956,425,456.008.3x-178.8x12.9x
Tue, 19 Oct 2021NOK 22.6bNOK 12.6b-NOK 918,286,045.009.1x-24.6x1.8x
Thu, 16 Sep 2021NOK 23.8bNOK 11.8b-NOK 1,020,409,762.7241.1x-23.3x2x
Sat, 14 Aug 2021NOK 24.8bNOK 11.8b-NOK 1,020,409,762.7242x-24.3x2.1x
Price to Earnings Ratio

-23.4x


Total Market Cap: NOK 23.9bTotal Earnings: -NOK 1,020,409,762.72Total Revenue: NOK 11.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Machinery Industry Price to Earnings3Y Average -189.4x202220232024
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 4.1x is higher than the industry's current PS ratio of 2.4x.
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 56% 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 Market0.94%
Industrials1.19%
Machinery4.33%
Construction Machinery and Vehicles6.37%
Industrial Machinery4.37%
Agricultural Machinery-3.08%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 74% over the next 5 years.
    • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 47% 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 13.487.8%
    +NOK 3.3b    		-38.6%PS6.7x
    		TOM Tomra SystemsNOK 132.302.6%
    +NOK 1.0b    		-21.5%PE66.5x
    		NKR NekkarNOK 12.0019.4%
    +NOK 204.4m    		92.0%PE16.1x
    		TECO TECO 2030NOK 1.6916.6%
    +NOK 112.0m    		-74.2%PS29.8x
    		HPUR Hexagon PurusNOK 8.124.5%
    +NOK 96.9m    		-56.9%PS1.5x
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    Latest News

    NKR

    NOK 12.00

    Nekkar

    7D

    19.4%

    1Y

    92.0%

    Nekkar ASA's (OB:NKR) Shares Climb 30% But Its Business Is Yet to Catch Up

    Jul 05
    Nekkar ASA's (OB:NKR) Shares Climb 30% But Its Business Is Yet to Catch Up

    HPUR

    NOK 8.12

    Hexagon Purus

    7D

    4.5%

    1Y

    -56.9%

    Hexagon Purus ASA (OB:HPUR) Might Not Be As Mispriced As It Looks

    Jul 04
    Hexagon Purus ASA (OB:HPUR) Might Not Be As Mispriced As It Looks

    TECO

    NOK 1.69

    TECO 2030

    7D

    16.6%

    1Y

    -74.2%

    SCANA

    NOK 2.14

    Scana

    7D

    -0.2%

    1Y

    15.1%

    PHLY

    NOK 67.60

    Philly Shipyard

    7D

    5.6%

    1Y

    61.0%

    The Market Lifts Philly Shipyard ASA (OB:PHLY) Shares 69% But It Can Do More

    Jun 21
    The Market Lifts Philly Shipyard ASA (OB:PHLY) Shares 69% But It Can Do More

    AUTO

    NOK 13.48

    AutoStore Holdings

    7D

    7.8%

    1Y

    -38.6%

    Is AutoStore Holdings (OB:AUTO) A Risky Investment?

    Jun 21
    Is AutoStore Holdings (OB:AUTO) A Risky Investment?

    NTG

    NOK 3.16

    Nordic Technology Group

    7D

    -17.3%

    1Y

    -42.0%

    Nordic Technology Group (OB:NTG) Is Making Moderate Use Of Debt

    Jun 18
    Nordic Technology Group (OB:NTG) Is Making Moderate Use Of Debt

    HEX

    NOK 28.55

    Hexagon Composites

    7D

    -4.0%

    1Y

    15.3%

    CAPSL

    NOK 15.65

    Capsol Technologies

    7D

    -1.3%

    1Y

    12.6%

    TOM

    NOK 132.30

    Tomra Systems

    7D

    2.6%

    1Y

    -21.5%

    Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

    Jun 10
    Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

    HAV

    NOK 11.05

    HAV Group

    7D

    2.3%

    1Y

    13.0%

    ENDUR

    NOK 57.50

    Endúr

    7D

    3.4%

    1Y

    50.5%

    Solid Earnings May Not Tell The Whole Story For Endúr (OB:ENDUR)

    May 22
    Solid Earnings May Not Tell The Whole Story For Endúr (OB:ENDUR)

    HYPRO

    NOK 10.34

    HydrogenPro

    7D

    -3.5%

    1Y

    -47.7%

    AKVA

    NOK 63.00

    AKVA group

    7D

    -3.1%

    1Y

    -7.1%