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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies18
  • 7D1.3%
  • 3M-0.7%
  • 1Y51.8%
  • YTD37.3%

Over the last 7 days, the Marine and Shipping industry has risen 1.3%, driven by gains from Wallenius Wilhelmsen of 5.0%. This takes the industry's 12 month performance to a gain of 52%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021kr88.3bkr96.7bkr7.6b7.3x
Sat, 30 Oct 2021kr89.8bkr87.6bkr4.9b9.9x
Mon, 27 Sep 2021kr83.1bkr88.0bkr4.9b11.9x
Wed, 25 Aug 2021kr83.6bkr84.9bkr4.5b10.7x
Thu, 01 Jul 2021kr76.6bkr84.9bkr4.5b9.4x
Sun, 04 Apr 2021kr65.3bkr78.7bkr2.7b13.5x
Wed, 06 Jan 2021kr54.6bkr76.7b-kr1,532,044,186.7112x
Sat, 10 Oct 2020kr44.8bkr83.3b-kr1,796,205,401.6715.1x
Fri, 03 Jul 2020kr40.8bkr90.2b-kr2,960,394,297.6417.1x
Mon, 06 Apr 2020kr33.8bkr99.6b-kr2,147,546,524.7514.8x
Thu, 09 Jan 2020kr47.1bkr88.4bkr2.0b15.7x
Wed, 02 Oct 2019kr45.5bkr91.8bkr1.7b10.5x
Sat, 06 Jul 2019kr46.1bkr87.6bkr2.1b11.7x
Tue, 09 Apr 2019kr50.4bkr88.2b-kr779,693,517.9112.1x
Mon, 31 Dec 2018kr49.8bkr88.0bkr3.9m12.3x
PE Ratio

14.7x

Total Market Cap: kr51.5bTotal Earnings: kr1.9bTotal Revenue: kr82.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.3x which is lower than its 3-year average PE of 13.2x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Shipping industry have grown 58% per year over the last three years, and revenues for these companies have grown 5.3% 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 Marine and Shipping industry?

Marine1.33%

Industry PE: Investors are most optimistic about the Marine industry even though it's trading below its 3-year average PE ratio of 13.2x. However analysts are expecting annual earnings growth of 38%, which is lower than the prior year's growth of 90% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Marine industry, expecting annual earnings growth of 38% over the next 5 years. However this is lower than its past earnings growth rate of 90% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
WAWI Wallenius Wilhelmsen5.0%+kr861.7m96.8%PE19.2x
MPCC MPC Container Ships4.4%+kr399.3m332.9%PE24.1x
SNI Stolt-Nielsen3.2%+kr214.1m36.8%PE13x
BELCO Belships4.8%+kr151.7m127.6%PE6.9x
2020 2020 Bulkers5.7%+kr133.3m84.8%PE5.7x
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Latest News

ODF

kr32.10

Odfjell

7D

-0.6%

1Y

32.6%

BELCO

kr13.20

Belships

7D

4.8%

1Y

127.6%

SEAW7

kr16.50

Seaway 7

7D

-2.9%

1Y

-10.8%

NTS

kr89.00

NTS

7D

-0.9%

1Y

6.0%