Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies16
  • 7D-4.7%
  • 3M-25.1%
  • 1Y0.5%
  • YTD0.009%

Over the last 7 days, the Marine and Shipping industry has dropped 4.7%, driven by a pullback from Wallenius Wilhelmsen of 13%. On the other hand Belships is actually up 25%. Over the last year, the industry has been flat overall. As for the next few years, earnings are forecast to decline by 2.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NOK 128.0bNOK 167.2bNOK 37.4b3.3x3.4x0.8x
Tue, 19 Nov 2024NOK 149.3bNOK 164.0bNOK 36.5b3.9x4.1x0.9x
Thu, 17 Oct 2024NOK 162.5bNOK 160.2bNOK 35.0b4x4.6x1x
Sat, 14 Sep 2024NOK 161.1bNOK 156.0bNOK 34.1b4.5x4.7x1x
Mon, 12 Aug 2024NOK 150.8bNOK 156.4bNOK 32.7b5.2x4.6x1x
Wed, 10 Jul 2024NOK 164.8bNOK 155.6bNOK 32.1b5.9x5.1x1.1x
Fri, 07 Jun 2024NOK 168.6bNOK 156.6bNOK 32.4b5.9x5.2x1.1x
Sun, 05 May 2024NOK 169.2bNOK 160.8bNOK 32.8b6.1x5.2x1.1x
Tue, 02 Apr 2024NOK 139.2bNOK 159.2bNOK 32.1b5.7x4.3x0.9x
Thu, 29 Feb 2024NOK 148.3bNOK 155.0bNOK 31.3b6.4x4.7x1x
Sat, 27 Jan 2024NOK 175.8bNOK 181.2bNOK 32.5b7.4x5.4x1x
Mon, 25 Dec 2023NOK 160.0bNOK 178.1bNOK 31.9b6.7x5x0.9x
Wed, 22 Nov 2023NOK 158.6bNOK 185.4bNOK 34.9b5.7x4.5x0.9x
Fri, 20 Oct 2023NOK 155.7bNOK 191.4bNOK 34.1b4.7x4.6x0.8x
Sun, 17 Sep 2023NOK 149.8bNOK 188.1bNOK 33.2b4.8x4.5x0.8x
Tue, 15 Aug 2023NOK 140.1bNOK 185.9bNOK 27.3b5.2x5.1x0.8x
Thu, 13 Jul 2023NOK 140.6bNOK 180.5bNOK 26.3b5x5.3x0.8x
Sat, 10 Jun 2023NOK 138.2bNOK 190.2bNOK 28.5b4.8x4.8x0.7x
Mon, 08 May 2023NOK 135.9bNOK 186.8bNOK 28.5b4.3x4.8x0.7x
Wed, 05 Apr 2023NOK 135.1bNOK 180.7bNOK 27.4b5x4.9x0.7x
Fri, 03 Mar 2023NOK 145.7bNOK 183.5bNOK 27.7b5.2x5.3x0.8x
Sun, 29 Jan 2023NOK 138.2bNOK 170.1bNOK 25.6b6.3x5.4x0.8x
Tue, 27 Dec 2022NOK 143.2bNOK 169.8bNOK 25.6b6.5x5.6x0.8x
Thu, 24 Nov 2022NOK 133.6bNOK 171.3bNOK 26.3b6x5.1x0.8x
Sat, 22 Oct 2022NOK 120.5bNOK 174.9bNOK 22.2b5.8x5.4x0.7x
Mon, 19 Sep 2022NOK 111.5bNOK 163.8bNOK 19.8b6x5.6x0.7x
Wed, 17 Aug 2022NOK 129.1bNOK 149.8bNOK 18.1b6.9x7.1x0.9x
Fri, 15 Jul 2022NOK 113.0bNOK 158.2bNOK 18.9b5.6x6x0.7x
Sun, 12 Jun 2022NOK 119.2bNOK 148.1bNOK 17.4b7.5x6.8x0.8x
Tue, 10 May 2022NOK 111.9bNOK 140.0bNOK 13.8b6.6x8.1x0.8x
Thu, 07 Apr 2022NOK 117.2bNOK 126.3bNOK 10.7b8.1x10.9x0.9x
Sat, 05 Mar 2022NOK 117.2bNOK 130.2bNOK 11.5b7x10.2x0.9x
Mon, 31 Jan 2022NOK 107.4bNOK 105.3bNOK 7.8b9.5x13.8x1x
Wed, 29 Dec 2021NOK 98.4bNOK 102.1bNOK 7.3b9.8x13.5x1x
Price to Earnings Ratio

13.5x


Total Market Cap: NOK 98.4bTotal Earnings: NOK 7.3bTotal Revenue: NOK 102.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 6x202220232024
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 6.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 72% per year over the last three years.
  • Revenues for these companies have grown 18% 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-2.76%
Industrials-2.64%
Marine and Shipping-4.72%
Marine-4.72%
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
BELCO BelshipsNOK 20.2525.5%
+NOK 1.0b		7.5%PE6.6x
2020 2020 BulkersNOK 121.901.6%
+NOK 43.5m		-2.2%PE2.9x
STST Stainless TankersNOK 54.403.0%
+NOK 21.6m		5.6%n/a
KCC Klaveness Combination CarriersNOK 71.800.3%
+NOK 12.1m		-17.3%PE3.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BELCO

NOK 20.25

Belships

7D

25.5%

1Y

7.5%

WEST

NOK 12.20

Western Bulk Chartering

7D

-15.6%

1Y

-54.1%

WAWI

NOK 90.30

Wallenius Wilhelmsen

7D

-12.5%

1Y

1.0%

HAUTO

NOK 105.70

Höegh Autoliners

7D

-3.0%

1Y

12.2%

AMSC

NOK 25.20

AMSC

7D

-4.2%

1Y

-4.9%

HSHP

NOK 52.90

Himalaya Shipping

7D

-5.7%

1Y

-20.3%

EWIND

NOK 18.60

Edda Wind

7D

-5.1%

1Y

-23.0%

SNI

NOK 279.00

Stolt-Nielsen

7D

-3.1%

1Y

-12.5%

Stolt-Nielsen Limited (OB:SNI) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 11
Stolt-Nielsen Limited (OB:SNI) Looks Inexpensive But Perhaps Not Attractive Enough

2020

NOK 121.90

2020 Bulkers

7D

1.6%

1Y

-2.2%

WWI

NOK 395.50

Wilh. Wilhelmsen Holding

7D

-2.1%

1Y

10.2%

STST

NOK 54.40

Stainless Tankers

7D

3.0%

1Y

5.6%

KCC

NOK 71.80

Klaveness Combination Carriers

7D

0.3%

1Y

-17.3%