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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.9%
  • 3M-12.5%
  • 1Y-14.0%
  • YTD-7.3%

Over the last 7 days, the Marine and Shipping industry has remained flat, although notably Wallenius Wilhelmsen gained 7.5%. Unfortunately though, the industry is down 14% over the past 12 months. In the next few years, earnings are forecast to decline by 2.8% annually.

Industry Valuation and Performance

Has the Norwegian Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025NOK 128.6bNOK 164.2bNOK 37.3b3.2x3.4x0.8x
Tue, 14 Jan 2025NOK 136.4bNOK 169.1bNOK 37.9b3.4x3.6x0.8x
Thu, 12 Dec 2024NOK 135.0bNOK 164.2bNOK 36.7b3.5x3.7x0.8x
Sat, 09 Nov 2024NOK 140.0bNOK 162.9bNOK 36.2b3.7x3.9x0.9x
Mon, 07 Oct 2024NOK 167.4bNOK 156.3bNOK 34.2b4.5x4.9x1.1x
Wed, 04 Sep 2024NOK 149.9bNOK 156.5bNOK 34.2b4.3x4.4x1x
Fri, 02 Aug 2024NOK 162.8bNOK 160.8bNOK 34.4b5.3x4.7x1x
Sun, 30 Jun 2024NOK 174.4bNOK 158.2bNOK 32.8b6.1x5.3x1.1x
Tue, 28 May 2024NOK 173.3bNOK 155.8bNOK 32.5b6x5.3x1.1x
Thu, 25 Apr 2024NOK 162.1bNOK 162.7bNOK 33.0b6.4x4.9x1x
Sat, 23 Mar 2024NOK 139.2bNOK 157.6bNOK 31.8b5.7x4.4x0.9x
Mon, 19 Feb 2024NOK 156.5bNOK 156.1bNOK 32.2b6.4x4.9x1x
Wed, 17 Jan 2024NOK 169.7bNOK 182.0bNOK 32.7b7.3x5.2x0.9x
Fri, 15 Dec 2023NOK 154.4bNOK 181.9bNOK 32.7b5.9x4.7x0.8x
Sun, 12 Nov 2023NOK 157.8bNOK 192.5bNOK 36.6b4.7x4.3x0.8x
Tue, 10 Oct 2023NOK 152.5bNOK 187.7bNOK 33.3b4.5x4.6x0.8x
Thu, 07 Sep 2023NOK 146.7bNOK 188.0bNOK 33.3b4.7x4.4x0.8x
Sat, 05 Aug 2023NOK 139.9bNOK 180.3bNOK 26.4b5.5x5.3x0.8x
Mon, 03 Jul 2023NOK 144.8bNOK 189.8bNOK 28.4b4.5x5.1x0.8x
Wed, 31 May 2023NOK 137.6bNOK 197.0bNOK 29.9b4.6x4.6x0.7x
Fri, 28 Apr 2023NOK 144.4bNOK 186.5bNOK 28.2b5x5.1x0.8x
Sun, 26 Mar 2023NOK 134.8bNOK 182.1bNOK 27.4b4.9x4.9x0.7x
Tue, 21 Feb 2023NOK 143.1bNOK 179.3bNOK 29.0b5.3x4.9x0.8x
Thu, 19 Jan 2023NOK 142.9bNOK 169.9bNOK 25.6b6.4x5.6x0.8x
Sat, 17 Dec 2022NOK 138.5bNOK 170.3bNOK 25.6b6.3x5.4x0.8x
Mon, 14 Nov 2022NOK 141.8bNOK 170.0bNOK 25.4b6.1x5.6x0.8x
Wed, 12 Oct 2022NOK 109.0bNOK 173.5bNOK 21.3b5.5x5.1x0.6x
Fri, 09 Sep 2022NOK 109.5bNOK 163.9bNOK 19.9b6.1x5.5x0.7x
Sun, 07 Aug 2022NOK 120.2bNOK 151.4bNOK 17.9b6.2x6.7x0.8x
Tue, 05 Jul 2022NOK 110.3bNOK 152.2bNOK 18.2b6.1x6.1x0.7x
Thu, 02 Jun 2022NOK 124.6bNOK 144.8bNOK 17.0b7.3x7.4x0.9x
Sat, 30 Apr 2022NOK 115.1bNOK 134.2bNOK 11.4b7.8x10.1x0.9x
Mon, 28 Mar 2022NOK 119.3bNOK 125.4bNOK 10.7b6.9x11.1x1x
Wed, 23 Feb 2022NOK 122.6bNOK 112.4bNOK 9.1b10.1x13.4x1.1x
Price to Earnings Ratio

13.4x


Total Market Cap: NOK 122.6bTotal Earnings: NOK 9.1bTotal Revenue: NOK 112.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 5.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Shipping industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 3.4x which is lower than its 3-year average PE of 5.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 60% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market-0.26%
Industrials0.34%
Marine and Shipping-0.95%
Marine-0.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WAWI Wallenius WilhelmsenNOK 97.907.5%
+NOK 2.9b		-6.2%PE3.8x
HSHP Himalaya ShippingNOK 55.405.3%
+NOK 122.9m		-29.3%PE8.9x
MPCC MPC Container ShipsNOK 18.800.5%
+NOK 42.2m		29.7%PE3.1x
STST Stainless TankersNOK 55.400.7%
+NOK 5.4m		-7.7%n/a
WEST Western Bulk CharteringNOK 14.050.4%
+NOK 1.7m		-43.1%PS0.03x
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Latest News

WEST

NOK 14.05

Western Bulk Chartering

7D

0.4%

1Y

-43.1%

KCC

NOK 66.80

Klaveness Combination Carriers

7D

-10.0%

1Y

-37.6%

2020

NOK 122.10

2020 Bulkers

7D

-1.7%

1Y

-19.1%

WWI

NOK 411.50

Wilh. Wilhelmsen Holding

7D

-1.7%

1Y

10.6%

WAWI

NOK 97.90

Wallenius Wilhelmsen

7D

7.5%

1Y

-6.2%

These 4 Measures Indicate That Wallenius Wilhelmsen (OB:WAWI) Is Using Debt Reasonably Well

Feb 15
These 4 Measures Indicate That Wallenius Wilhelmsen (OB:WAWI) Is Using Debt Reasonably Well

SNI

NOK 270.50

Stolt-Nielsen

7D

-3.7%

1Y

-30.5%

AMSC

NOK 30.90

AMSC

7D

-4.8%

1Y

15.9%

HSHP

NOK 55.40

Himalaya Shipping

7D

5.3%

1Y

-29.3%

ODF

NOK 103.60

Odfjell

7D

-11.0%

1Y

-27.0%

HAUTO

NOK 94.90

Höegh Autoliners

7D

-9.0%

1Y

-26.5%

MPCC

NOK 18.80

MPC Container Ships

7D

0.5%

1Y

29.7%

STST

NOK 55.40

Stainless Tankers

7D

0.7%

1Y

-7.7%

JIN

NOK 5.66

Jinhui Shipping and Transportation

7D

-2.4%

1Y

-18.2%