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Jun 29
Norwegian (OSEAX) Machinery Industry Analysis
UpdatedJul 01, 2024
DataAggregated Company Financials
Companies17
- 7D-4.5%
- 3M-24.1%
- 1Y-34.8%
- YTD-17.0%
Over the last 7 days, the Machinery industry has dropped 4.5%, driven by Tomra Systems declining 7.3%. Overall the industry is down 35% in 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 01 Jul 2024 | NOK 100.8b | NOK 44.6b | -NOK 2,034,363,946.59 | 14.1x | -49.5x | 2.3x |
| Wed, 29 May 2024 | NOK 111.8b | NOK 44.4b | -NOK 2,028,622,918.21 | 14.3x | -55.1x | 2.5x |
| Fri, 26 Apr 2024 | NOK 112.3b | NOK 44.5b | -NOK 1,951,232,783.59 | 13.2x | -57.5x | 2.5x |
| Sun, 24 Mar 2024 | NOK 130.6b | NOK 44.3b | -NOK 1,890,511,427.00 | 13.6x | -69.1x | 2.9x |
| Tue, 20 Feb 2024 | NOK 117.3b | NOK 43.7b | -NOK 1,963,294,144.00 | 39.3x | -59.8x | 2.7x |
| Thu, 18 Jan 2024 | NOK 118.2b | NOK 43.4b | -NOK 1,277,878,711.00 | 25.1x | -92.5x | 2.7x |
| Sat, 16 Dec 2023 | NOK 125.1b | NOK 43.3b | -NOK 1,271,929,912.00 | 26.7x | -98.4x | 2.9x |
| Mon, 13 Nov 2023 | NOK 98.0b | NOK 43.7b | -NOK 1,282,156,734.00 | 18.9x | -76.4x | 2.2x |
| Wed, 11 Oct 2023 | NOK 101.1b | NOK 42.4b | -NOK 1,485,179,309.00 | 26.4x | -68.1x | 2.4x |
| Fri, 08 Sep 2023 | NOK 123.5b | NOK 42.3b | -NOK 1,473,749,531.00 | 28.5x | -83.8x | 2.9x |
| Sun, 06 Aug 2023 | NOK 151.4b | NOK 40.4b | NOK 178.9m | 45.2x | 846.1x | 3.7x |
| Tue, 04 Jul 2023 | NOK 153.7b | NOK 40.0b | NOK 315.5m | 50.7x | 487x | 3.8x |
| Thu, 01 Jun 2023 | NOK 154.5b | NOK 40.5b | NOK 340.7m | 51.5x | 453.7x | 3.8x |
| Sat, 29 Apr 2023 | NOK 100.6b | NOK 25.7b | -NOK 76,976,622.00 | 42.6x | -1307.3x | 3.9x |
| Mon, 27 Mar 2023 | NOK 91.8b | NOK 25.3b | -NOK 78,339,424.00 | 62.3x | -1171.3x | 3.6x |
| Wed, 22 Feb 2023 | NOK 97.8b | NOK 24.6b | -NOK 51,691,906.00 | 19.6x | -1891.8x | 4x |
| Fri, 20 Jan 2023 | NOK 95.8b | NOK 23.3b | -NOK 131,356,066.00 | 16.3x | -729.5x | 4.1x |
| Sun, 18 Dec 2022 | NOK 82.3b | NOK 23.3b | -NOK 134,137,565.00 | 19.6x | -613.3x | 3.5x |
| Tue, 15 Nov 2022 | NOK 87.8b | NOK 23.7b | -NOK 98,391,149.00 | 17.6x | -892.7x | 3.7x |
| Thu, 13 Oct 2022 | NOK 68.4b | NOK 22.7b | -NOK 340,967,938.00 | 17.8x | -200.6x | 3x |
| Sat, 10 Sep 2022 | NOK 71.1b | NOK 22.0b | -NOK 370,727,238.00 | 18.1x | -191.8x | 3.2x |
| Mon, 08 Aug 2022 | NOK 86.2b | NOK 20.6b | -NOK 545,396,449.00 | 7.8x | -158x | 4.2x |
| Wed, 06 Jul 2022 | NOK 70.0b | NOK 21.0b | -NOK 505,462,593.00 | 19.4x | -138.5x | 3.3x |
| Fri, 03 Jun 2022 | NOK 99.6b | NOK 20.7b | -NOK 488,237,161.00 | 23x | -204x | 4.8x |
| Sun, 01 May 2022 | NOK 100.3b | NOK 18.9b | -NOK 914,246,561.00 | 13.3x | -109.7x | 5.3x |
| Tue, 29 Mar 2022 | NOK 126.8b | NOK 18.2b | -NOK 883,340,317.00 | 7.7x | -143.6x | 7x |
| Thu, 24 Feb 2022 | NOK 111.1b | NOK 17.6b | -NOK 1,382,817,196.00 | 8.3x | -80.3x | 6.3x |
| Sat, 22 Jan 2022 | NOK 96.5b | NOK 15.9b | -NOK 1,166,019,499.00 | 8.9x | -82.7x | 6.1x |
| Mon, 20 Dec 2021 | NOK 135.7b | NOK 16.0b | -NOK 1,169,847,149.00 | 8.1x | -116x | 8.5x |
| Wed, 17 Nov 2021 | NOK 164.9b | NOK 13.2b | -NOK 954,398,270.00 | 8.5x | -172.8x | 12.5x |
| Fri, 15 Oct 2021 | NOK 23.2b | NOK 12.6b | -NOK 918,846,089.00 | 8.6x | -25.3x | 1.8x |
| Sun, 12 Sep 2021 | NOK 24.8b | NOK 11.8b | -NOK 1,020,409,762.72 | 41.8x | -24.3x | 2.1x |
| Tue, 10 Aug 2021 | NOK 25.3b | NOK 11.8b | -NOK 1,020,409,762.72 | 43.6x | -24.8x | 2.2x |
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 | 0.90% | |
| Industrials | 0.29% | |
| Machinery | -4.49% | |
| Construction Machinery and Vehicles | 0.95% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -4.98% | |
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 | |
|---|---|---|---|---|---|
| HEX Hexagon Composites | NOK 29.95 | 4.9% +NOK 281.5m | 8.1% | PS1.2x | |
| ENDUR Endúr | NOK 55.50 | 3.2% +NOK 62.7m | 43.8% | PE127.2x | |
| PHLY Philly Shipyard | NOK 66.80 | 3.1% +NOK 24.2m | 66.6% | PS0.2x | |
| CAPSL Capsol Technologies | NOK 15.50 | 2.0% +NOK 18.8m | 15.2% | n/a | |
| HPUR Hexagon Purus | NOK 7.93 | 0.8% +NOK 16.6m | -60.9% | PS1.5x |
