Hexagon Purus ASA (OB:HPUR) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Jul 22
Norwegian (OSEAX) Machinery Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies16
- 7D7.6%
- 3M-3.3%
- 1Y-20.6%
- YTD-1.3%
Over the last 7 days, the Machinery industry has risen 8.4%, driven by gains from Tomra Systems of 17%. Meanwhile, Hexagon Purus actually underperformed within the industry, shrinking 12% in the last week. In contrast, the industry has lost 22% in the last 12 months. 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | NOK 119.2b | NOK 45.7b | -NOK 2,136,471,019.98 | 15.4x | -55.8x | 2.6x |
| Fri, 21 Jun 2024 | NOK 108.5b | NOK 44.5b | -NOK 2,022,937,350.92 | 14.1x | -53.6x | 2.4x |
| Sun, 19 May 2024 | NOK 115.8b | NOK 44.6b | -NOK 2,039,072,969.06 | 15.8x | -56.8x | 2.6x |
| Tue, 16 Apr 2024 | NOK 121.4b | NOK 44.5b | -NOK 1,920,925,055.72 | 13.7x | -63.2x | 2.7x |
| Thu, 14 Mar 2024 | NOK 130.9b | NOK 44.0b | -NOK 1,864,224,703.00 | 13.9x | -70.2x | 3x |
| Sat, 10 Feb 2024 | NOK 112.5b | NOK 43.4b | -NOK 1,280,933,106.47 | 24.9x | -87.8x | 2.6x |
| Mon, 08 Jan 2024 | NOK 111.2b | NOK 43.2b | -NOK 1,256,222,632.00 | 26.3x | -88.5x | 2.6x |
| Wed, 06 Dec 2023 | NOK 111.6b | NOK 43.8b | -NOK 1,320,778,422.00 | 25.3x | -84.5x | 2.5x |
| Fri, 03 Nov 2023 | NOK 93.5b | NOK 43.6b | -NOK 1,622,357,690.00 | 19x | -57.6x | 2.1x |
| Sun, 01 Oct 2023 | NOK 109.0b | NOK 42.3b | -NOK 1,471,541,239.00 | 26.6x | -74x | 2.6x |
| Tue, 29 Aug 2023 | NOK 127.4b | NOK 42.0b | -NOK 1,564,100,423.00 | 29.9x | -81.4x | 3x |
| Thu, 27 Jul 2023 | NOK 154.3b | NOK 40.4b | NOK 178.2m | 48.2x | 865.9x | 3.8x |
| Sat, 24 Jun 2023 | NOK 157.5b | NOK 40.2b | NOK 327.1m | 50.7x | 481.7x | 3.9x |
| Mon, 22 May 2023 | NOK 149.8b | NOK 40.0b | NOK 536.8m | 37.3x | 279.1x | 3.7x |
| Wed, 19 Apr 2023 | NOK 100.0b | NOK 25.3b | -NOK 69,224,921.00 | 67.4x | -1444.5x | 4x |
| Fri, 17 Mar 2023 | NOK 97.1b | NOK 25.6b | -NOK 68,264,106.00 | 66x | -1422.8x | 3.8x |
| Sun, 12 Feb 2023 | NOK 99.1b | NOK 23.5b | -NOK 114,918,694.00 | 18x | -862.6x | 4.2x |
| Tue, 10 Jan 2023 | NOK 108.3b | NOK 23.2b | -NOK 136,321,562.00 | 18.3x | -794.7x | 4.7x |
| Thu, 08 Dec 2022 | NOK 82.5b | NOK 23.4b | -NOK 122,573,290.00 | 19.1x | -672.8x | 3.5x |
| Sat, 05 Nov 2022 | NOK 89.4b | NOK 22.8b | -NOK 354,299,517.00 | 17x | -252.3x | 3.9x |
| Mon, 03 Oct 2022 | NOK 59.3b | NOK 22.7b | -NOK 337,575,997.00 | 17.6x | -175.7x | 2.6x |
| Wed, 31 Aug 2022 | NOK 65.8b | NOK 22.6b | -NOK 236,873,713.00 | 8.1x | -277.6x | 2.9x |
| Fri, 29 Jul 2022 | NOK 74.0b | NOK 20.6b | -NOK 545,379,923.00 | 7.9x | -135.7x | 3.6x |
| Sun, 26 Jun 2022 | NOK 80.1b | NOK 20.8b | -NOK 502,754,908.00 | 20.7x | -159.2x | 3.8x |
| Tue, 24 May 2022 | NOK 94.2b | NOK 20.8b | -NOK 457,898,481.00 | 40.2x | -205.7x | 4.5x |
| Thu, 21 Apr 2022 | NOK 116.3b | NOK 18.6b | -NOK 862,197,375.00 | 13.3x | -134.9x | 6.3x |
| Sat, 19 Mar 2022 | NOK 142.6b | NOK 18.2b | -NOK 880,731,414.00 | 7.9x | -161.9x | 7.8x |
| Mon, 14 Feb 2022 | NOK 109.7b | NOK 16.0b | -NOK 1,165,810,661.00 | 9.1x | -94.1x | 6.9x |
| Wed, 12 Jan 2022 | NOK 142.7b | NOK 15.9b | -NOK 1,163,786,534.00 | 9.7x | -122.6x | 9x |
| Fri, 10 Dec 2021 | NOK 159.4b | NOK 16.0b | -NOK 1,170,227,221.00 | 8.1x | -136.2x | 10x |
| Sun, 07 Nov 2021 | NOK 162.6b | NOK 13.0b | -NOK 903,371,337.00 | 8.7x | -180x | 12.5x |
| Tue, 05 Oct 2021 | NOK 22.4b | NOK 12.6b | -NOK 920,816,397.00 | 8.5x | -24.3x | 1.8x |
| Thu, 02 Sep 2021 | NOK 25.2b | NOK 11.8b | -NOK 1,020,409,762.72 | 38.6x | -24.7x | 2.1x |
| Sat, 31 Jul 2021 | NOK 24.6b | NOK 11.8b | -NOK 1,020,409,762.72 | 43.4x | -24.1x | 2.1x |
Price to Earnings Ratio
-24.1x
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 2.6x.
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 57% 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 | 1.23% | |
| Industrials | 2.69% | |
| Machinery | 7.61% | |
| Industrial Machinery | 8.75% | |
| Agricultural Machinery | 0% | |
| Construction Machinery and Vehicles | -4.99% | |
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 49% 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 | |
|---|---|---|---|---|---|
| TOM Tomra Systems | NOK 167.40 | 17.6% +NOK 7.5b | 3.0% | PE84.4x | |
| AUTO AutoStore Holdings | NOK 14.36 | 2.9% +NOK 1.3b | -39.0% | PS6.9x | |
| CAPSL Capsol Technologies | NOK 15.75 | 4.0% +NOK 37.7m | 5.0% | n/a | |
| SCANA Scana | NOK 2.33 | 3.6% +NOK 36.2m | 13.9% | PE10x | |
| ENDUR Endúr | NOK 59.70 | 1.4% +NOK 29.5m | 48.5% | PE136.8x |
