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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedJul 02, 2024
DataAggregated Company Financials
Companies17
- 7D-0.5%
- 3M-20.9%
- 1Y-32.1%
- YTD-13.5%
Over the last 7 days, the Machinery industry has dropped 4.5%, driven by Tomra Systems declining 7.3%. The industry has fallen 35% in the last year. Looking forward, earnings are forecast to grow by 49% annually.
Industry Valuation and Performance
Has the Norwegian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Jul 2024 | NOK 105.0b | NOK 44.6b | -NOK 2,032,537,095.86 | 14.3x | -51.6x | 2.4x |
| Thu, 30 May 2024 | NOK 109.0b | NOK 44.5b | -NOK 2,036,002,350.73 | 14.3x | -53.6x | 2.5x |
| Sat, 27 Apr 2024 | NOK 114.1b | NOK 44.5b | -NOK 2,058,267,938.50 | 13.5x | -55.5x | 2.6x |
| Mon, 25 Mar 2024 | NOK 130.6b | NOK 44.3b | -NOK 1,899,122,427.00 | 13.6x | -68.8x | 2.9x |
| Wed, 21 Feb 2024 | NOK 116.7b | NOK 43.7b | -NOK 1,963,891,278.00 | 38.9x | -59.4x | 2.7x |
| Fri, 19 Jan 2024 | NOK 117.6b | NOK 43.4b | -NOK 1,280,573,644.00 | 25.3x | -91.8x | 2.7x |
| Sun, 17 Dec 2023 | NOK 125.1b | NOK 43.3b | -NOK 1,271,929,912.00 | 26.7x | -98.4x | 2.9x |
| Tue, 14 Nov 2023 | NOK 97.9b | NOK 43.8b | -NOK 1,345,046,759.00 | 18.9x | -72.8x | 2.2x |
| Thu, 12 Oct 2023 | NOK 101.1b | NOK 42.5b | -NOK 1,493,773,407.00 | 26x | -67.7x | 2.4x |
| Sat, 09 Sep 2023 | NOK 121.1b | NOK 42.3b | -NOK 1,468,264,730.00 | 28.7x | -82.5x | 2.9x |
| Mon, 07 Aug 2023 | NOK 151.4b | NOK 40.4b | NOK 178.9m | 45.2x | 846.1x | 3.7x |
| Wed, 05 Jul 2023 | NOK 154.2b | NOK 39.9b | NOK 313.0m | 51.7x | 492.9x | 3.9x |
| Fri, 02 Jun 2023 | NOK 154.6b | NOK 40.4b | NOK 334.1m | 51.1x | 462.7x | 3.8x |
| Sun, 30 Apr 2023 | NOK 100.7b | NOK 25.5b | -NOK 165,431,461.00 | 72.2x | -608.8x | 3.9x |
| Tue, 28 Mar 2023 | NOK 97.7b | NOK 25.3b | -NOK 77,391,134.00 | 64.8x | -1262.1x | 3.9x |
| Thu, 23 Feb 2023 | NOK 96.1b | NOK 24.7b | -NOK 48,169,686.00 | 19.2x | -1995.8x | 3.9x |
| Sat, 21 Jan 2023 | NOK 99.2b | NOK 23.3b | -NOK 133,990,090.00 | 16.4x | -740.2x | 4.3x |
| Mon, 19 Dec 2022 | NOK 82.3b | NOK 23.3b | -NOK 134,137,565.00 | 19.6x | -613.3x | 3.5x |
| Wed, 16 Nov 2022 | NOK 86.2b | NOK 23.6b | -NOK 102,604,067.00 | 17.6x | -840.4x | 3.6x |
| Fri, 14 Oct 2022 | NOK 67.9b | NOK 22.5b | -NOK 346,526,638.00 | 17.3x | -196x | 3x |
| Sun, 11 Sep 2022 | NOK 71.1b | NOK 22.0b | -NOK 370,727,238.00 | 18.1x | -191.8x | 3.2x |
| Tue, 09 Aug 2022 | NOK 84.2b | NOK 20.5b | -NOK 544,865,329.00 | 7.8x | -154.5x | 4.1x |
| Thu, 07 Jul 2022 | NOK 73.7b | NOK 21.0b | -NOK 505,969,064.00 | 19.5x | -145.7x | 3.5x |
| Sat, 04 Jun 2022 | NOK 101.0b | NOK 20.6b | -NOK 488,006,488.00 | 23.1x | -207x | 4.9x |
| Mon, 02 May 2022 | NOK 100.3b | NOK 18.9b | -NOK 905,538,031.00 | 13.3x | -110.7x | 5.3x |
| Wed, 30 Mar 2022 | NOK 133.6b | NOK 18.5b | -NOK 853,313,844.00 | 13.5x | -156.6x | 7.2x |
| Fri, 25 Feb 2022 | NOK 110.6b | NOK 17.7b | -NOK 1,392,743,024.00 | 8x | -79.4x | 6.2x |
| Sun, 23 Jan 2022 | NOK 96.5b | NOK 15.9b | -NOK 1,166,019,499.00 | 8.9x | -82.7x | 6.1x |
| Tue, 21 Dec 2021 | NOK 125.8b | NOK 16.0b | -NOK 1,171,274,810.00 | 8.1x | -107.4x | 7.9x |
| Thu, 18 Nov 2021 | NOK 165.2b | NOK 13.2b | -NOK 955,127,523.00 | 8.4x | -172.9x | 12.5x |
| Sat, 16 Oct 2021 | NOK 22.5b | NOK 12.6b | -NOK 918,013,762.00 | 8.7x | -24.5x | 1.8x |
| Mon, 13 Sep 2021 | NOK 24.2b | NOK 11.8b | -NOK 1,020,409,762.72 | 41.1x | -23.7x | 2.1x |
| Wed, 11 Aug 2021 | NOK 25.1b | NOK 11.8b | -NOK 1,020,409,762.72 | 43.7x | -24.6x | 2.1x |
Price to Earnings Ratio
-27x
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 2.3x.
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 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 Market | 1.43% | |
| Industrials | 1.70% | |
| Machinery | -0.51% | |
| Construction Machinery and Vehicles | 3.17% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.78% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AUTO AutoStore Holdings | NOK 13.40 | 1.7% +NOK 772.3m | -43.5% | PS6.7x | |
| HEX Hexagon Composites | NOK 29.95 | 4.9% +NOK 281.5m | 8.1% | PS1.2x | |
| ENDUR Endúr | NOK 56.50 | 5.0% +NOK 99.6m | 46.4% | PE129.5x | |
| NKR Nekkar | NOK 10.30 | 5.1% +NOK 52.6m | 64.8% | PE13.8x | |
| HPUR Hexagon Purus | NOK 8.04 | 2.2% +NOK 47.1m | -60.4% | PS1.5x |
