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Norwegian (OSEAX) Machinery Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies16
- 7D-10.8%
- 3M-13.9%
- 1Y-18.4%
- YTD-18.4%
Over the last 7 days, the Machinery industry has dropped 11%, driven by AutoStore Holdings declining 19%. On the other hand Scana is actually up 15%. Overall the industry is down 18% in 12 months. Earnings are forecast to grow by 40% 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 |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | NOK 98.7b | NOK 45.5b | -NOK 278,605,790.31 | 16x | -354.3x | 2.2x |
| Tue, 06 Aug 2024 | NOK 107.1b | NOK 45.9b | -NOK 2,131,504,749.30 | 14.1x | -50.2x | 2.3x |
| Thu, 04 Jul 2024 | NOK 105.5b | NOK 44.4b | -NOK 2,022,200,848.26 | 15.5x | -52.2x | 2.4x |
| Sat, 01 Jun 2024 | NOK 110.9b | NOK 44.4b | -NOK 2,027,923,330.72 | 14.4x | -54.7x | 2.5x |
| Mon, 29 Apr 2024 | NOK 114.1b | NOK 44.5b | -NOK 2,058,067,938.50 | 13.5x | -55.5x | 2.6x |
| Wed, 27 Mar 2024 | NOK 133.5b | NOK 44.3b | -NOK 1,901,523,386.51 | 13.7x | -70.2x | 3x |
| Fri, 23 Feb 2024 | NOK 119.5b | NOK 43.8b | -NOK 1,965,812,093.00 | 41.1x | -60.8x | 2.7x |
| Sun, 21 Jan 2024 | NOK 115.5b | NOK 43.4b | -NOK 1,275,489,218.00 | 24.8x | -90.6x | 2.7x |
| Tue, 19 Dec 2023 | NOK 125.1b | NOK 43.3b | -NOK 1,266,413,300.00 | 26.9x | -98.8x | 2.9x |
| Thu, 16 Nov 2023 | NOK 110.7b | NOK 43.5b | -NOK 1,315,467,953.00 | 19x | -84.2x | 2.5x |
| Sat, 14 Oct 2023 | NOK 97.9b | NOK 42.6b | -NOK 1,507,564,869.00 | 25x | -65x | 2.3x |
| Mon, 11 Sep 2023 | NOK 121.1b | NOK 42.3b | -NOK 1,470,215,987.00 | 28.7x | -82.4x | 2.9x |
| Wed, 09 Aug 2023 | NOK 148.9b | NOK 40.6b | NOK 186.5m | 42x | 798.5x | 3.7x |
| Fri, 07 Jul 2023 | NOK 145.6b | NOK 40.1b | NOK 320.9m | 49.2x | 453.7x | 3.6x |
| Sun, 04 Jun 2023 | NOK 160.5b | NOK 40.3b | NOK 331.3m | 52.6x | 484.5x | 4x |
| Tue, 02 May 2023 | NOK 100.7b | NOK 25.8b | -NOK 186,743,641.00 | 73.7x | -539.3x | 3.9x |
| Thu, 30 Mar 2023 | NOK 100.3b | NOK 25.3b | -NOK 82,694,173.00 | 67x | -1212.7x | 4x |
| Sat, 25 Feb 2023 | NOK 98.7b | NOK 24.7b | -NOK 42,800,704.00 | 19.7x | -2305.2x | 4x |
| Mon, 23 Jan 2023 | NOK 99.2b | NOK 23.2b | -NOK 135,879,137.00 | 16.4x | -729.9x | 4.3x |
| Wed, 21 Dec 2022 | NOK 81.5b | NOK 23.3b | -NOK 133,903,049.00 | 18.3x | -608.6x | 3.5x |
| Fri, 18 Nov 2022 | NOK 80.3b | NOK 23.8b | -NOK 94,462,897.00 | 17.3x | -850.5x | 3.4x |
| Sun, 16 Oct 2022 | NOK 72.8b | NOK 22.6b | -NOK 344,429,808.00 | 17.5x | -211.2x | 3.2x |
| Tue, 13 Sep 2022 | NOK 73.1b | NOK 21.9b | -NOK 373,735,625.00 | 17.5x | -195.6x | 3.3x |
| Thu, 11 Aug 2022 | NOK 80.3b | NOK 20.5b | -NOK 604,401,773.00 | 7.9x | -132.8x | 3.9x |
| Sat, 09 Jul 2022 | NOK 76.6b | NOK 21.0b | -NOK 505,112,392.00 | 19.5x | -151.6x | 3.7x |
| Mon, 06 Jun 2022 | NOK 101.0b | NOK 20.5b | -NOK 501,072,488.00 | 23.2x | -201.6x | 4.9x |
| Wed, 04 May 2022 | NOK 96.3b | NOK 19.4b | -NOK 809,278,686.00 | 18.2x | -119x | 5x |
| Fri, 01 Apr 2022 | NOK 134.3b | NOK 18.6b | -NOK 859,004,762.00 | 13.9x | -156.3x | 7.2x |
| Sun, 27 Feb 2022 | NOK 116.1b | NOK 17.6b | -NOK 1,388,564,133.00 | 8.4x | -83.6x | 6.6x |
| Tue, 25 Jan 2022 | NOK 91.0b | NOK 16.0b | -NOK 1,170,529,717.00 | 8.4x | -77.7x | 5.7x |
| Thu, 23 Dec 2021 | NOK 123.1b | NOK 15.9b | -NOK 1,166,229,508.00 | 8.2x | -105.5x | 7.7x |
| Sat, 20 Nov 2021 | NOK 167.3b | NOK 13.2b | -NOK 955,976,504.00 | 8.4x | -175x | 12.6x |
| Mon, 18 Oct 2021 | NOK 22.5b | NOK 12.6b | -NOK 918,013,762.00 | 8.7x | -24.5x | 1.8x |
| Wed, 15 Sep 2021 | NOK 24.0b | NOK 11.8b | -NOK 1,020,409,762.72 | 41.5x | -23.5x | 2x |
Price to Earnings Ratio
-23.5x
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 2.2x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have improved over the last three years.
- Revenues for these companies have grown 57% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | -3.77% | |
| Industrials | -5.38% | |
| Machinery | -10.81% | |
| Construction Machinery and Vehicles | -5.16% | |
| Agricultural Machinery | -8.46% | |
| Industrial Machinery | -11.30% | |
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 37.7%, which is lower than the prior year's growth of 163.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 75% over the next 5 years.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 38% 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 | |
|---|---|---|---|---|---|
| SCANA Scana | NOK 3.26 | 14.6% +NOK 187.7m | 33.3% | PE13.3x | |
| EQVA Eqva | NOK 6.32 | 7.5% +NOK 31.5m | 111.4% | PE25.2x |
