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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedAug 13, 2025
DataAggregated Company Financials
Companies14
  • 7D1.7%
  • 3M19.9%
  • 1Y-9.3%
  • YTD1.0%

The Marine and Shipping industry is up 1.3% in the last week, with Wallenius Wilhelmsen up 4.3%. However, the industry is down 12% over the past year. In the next few years, earnings are forecast to decline by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 13 Aug 2025NOK 132.2bNOK 146.7bNOK 33.9b3.8x3.9x0.9x
Fri, 11 Jul 2025NOK 129.6bNOK 149.9bNOK 35.8b3.6x3.6x0.9x
Sun, 08 Jun 2025NOK 127.4bNOK 151.6bNOK 36.5b3.5x3.5x0.8x
Tue, 06 May 2025NOK 107.3bNOK 150.6bNOK 35.1b3.1x3.1x0.7x
Thu, 03 Apr 2025NOK 102.2bNOK 151.0bNOK 34.5b3x3x0.7x
Sat, 01 Mar 2025NOK 118.1bNOK 166.5bNOK 37.5b3.2x3.1x0.7x
Mon, 27 Jan 2025NOK 127.8bNOK 165.0bNOK 36.9b3.3x3.5x0.8x
Wed, 25 Dec 2024NOK 131.6bNOK 167.3bNOK 37.4b3.3x3.5x0.8x
Fri, 22 Nov 2024NOK 148.9bNOK 163.6bNOK 36.4b3.9x4.1x0.9x
Sun, 20 Oct 2024NOK 161.9bNOK 160.3bNOK 35.1b4.1x4.6x1x
Tue, 17 Sep 2024NOK 162.1bNOK 155.0bNOK 33.9b4.6x4.8x1x
Thu, 15 Aug 2024NOK 159.3bNOK 155.8bNOK 32.6b5.3x4.9x1x
Sat, 13 Jul 2024NOK 162.0bNOK 157.5bNOK 33.4b5.5x4.8x1x
Mon, 10 Jun 2024NOK 164.8bNOK 158.8bNOK 32.9b5.5x5x1x
Wed, 08 May 2024NOK 169.2bNOK 161.3bNOK 32.9b6.1x5.1x1x
Fri, 05 Apr 2024NOK 144.8bNOK 157.4bNOK 31.7b5.7x4.6x0.9x
Sun, 03 Mar 2024NOK 150.2bNOK 154.1bNOK 31.1b6.3x4.8x1x
Tue, 30 Jan 2024NOK 174.1bNOK 181.3bNOK 32.6b7.3x5.3x1x
Thu, 28 Dec 2023NOK 157.7bNOK 176.0bNOK 31.5b6.6x5x0.9x
Sat, 25 Nov 2023NOK 161.9bNOK 186.2bNOK 34.5b5.8x4.7x0.9x
Mon, 23 Oct 2023NOK 154.3bNOK 191.8bNOK 34.2b4.7x4.5x0.8x
Wed, 20 Sep 2023NOK 152.1bNOK 187.8bNOK 33.1b4.9x4.6x0.8x
Fri, 18 Aug 2023NOK 145.6bNOK 185.1bNOK 31.9b4.8x4.6x0.8x
Sun, 16 Jul 2023NOK 138.4bNOK 179.6bNOK 26.2b4.9x5.3x0.8x
Tue, 13 Jun 2023NOK 137.7bNOK 191.0bNOK 28.6b4.7x4.8x0.7x
Thu, 11 May 2023NOK 137.7bNOK 184.5bNOK 28.0b4.2x4.9x0.7x
Sat, 08 Apr 2023NOK 135.7bNOK 183.8bNOK 27.9b4.9x4.9x0.7x
Mon, 06 Mar 2023NOK 146.9bNOK 181.3bNOK 28.8b5.3x5.1x0.8x
Wed, 01 Feb 2023NOK 141.4bNOK 172.0bNOK 25.9b6.3x5.5x0.8x
Fri, 30 Dec 2022NOK 142.5bNOK 169.9bNOK 25.6b6.5x5.6x0.8x
Sun, 27 Nov 2022NOK 133.5bNOK 169.0bNOK 25.3b6x5.3x0.8x
Tue, 25 Oct 2022NOK 120.5bNOK 174.9bNOK 22.2b5.8x5.4x0.7x
Thu, 22 Sep 2022NOK 114.3bNOK 165.3bNOK 20.0b6.2x5.7x0.7x
Sat, 20 Aug 2022NOK 120.5bNOK 153.9bNOK 19.6b7.7x6.1x0.8x
Price to Earnings Ratio

6.1x


Total Market Cap: NOK 120.5bTotal Earnings: NOK 19.6bTotal Revenue: NOK 153.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 4.6x202320242025
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 3.8x which is lower than its 3-year average PE of 4.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.84x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 23% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

NO Market-0.16%
Industrials-1.00%
Marine and Shipping1.74%
Marine1.74%
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 101.104.3%
+NOK 1.8b		-1.6%PE4.1x
HAUTO Höegh AutolinersNOK 111.902.4%
+NOK 496.0m		-6.6%PE3.2x
WWI Wilh. Wilhelmsen HoldingNOK 497.002.2%
+NOK 443.9m		29.3%PE3.9x
HSHP Himalaya ShippingNOK 76.004.5%
+NOK 153.6m		-9.1%PE54.6x
MPCC MPC Container ShipsNOK 19.801.7%
+NOK 148.6m		-12.3%PE3.4x

Latest News

HSHP
NOK 76.00
Himalaya Shipping
7D
4.5%
1Y
-9.1%
KCC
NOK 72.70
Klaveness Combination Carriers
7D
-0.1%
1Y
-26.2%
WAWI
NOK 101.10
Wallenius Wilhelmsen
7D
4.3%
1Y
-1.6%

Lacklustre Performance Is Driving Wallenius Wilhelmsen ASA's (OB:WAWI) Low P/E

Aug 04
Lacklustre Performance Is Driving Wallenius Wilhelmsen ASA's (OB:WAWI) Low P/E
WWI
NOK 497.00
Wilh. Wilhelmsen Holding
7D
2.2%
1Y
29.3%

Wilh. Wilhelmsen Holding ASA's (OB:WWI) Earnings Are Not Doing Enough For Some Investors

Aug 04
Wilh. Wilhelmsen Holding ASA's (OB:WWI) Earnings Are Not Doing Enough For Some Investors
MPCC
NOK 19.80
MPC Container Ships
7D
1.7%
1Y
-12.3%

Calculating The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)

Jul 30
Calculating The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)
SNI
NOK 304.00
Stolt-Nielsen
7D
-1.6%
1Y
-28.0%

Does Stolt-Nielsen (OB:SNI) Have A Healthy Balance Sheet?

Jul 28
Does Stolt-Nielsen (OB:SNI) Have A Healthy Balance Sheet?
JIN
NOK 6.24
Jinhui Shipping and Transportation
7D
-0.6%
1Y
-1.3%

Is Jinhui Shipping and Transportation (OB:JIN) Using Too Much Debt?

Jul 24
Is Jinhui Shipping and Transportation (OB:JIN) Using Too Much Debt?
SCOIN
NOK 30.40
StandardCoin
7D
3.4%
1Y
-85.5%
ODF
NOK 123.00
Odfjell
7D
-4.7%
1Y
-23.3%

Here's Why We Think Odfjell (OB:ODF) Might Deserve Your Attention Today

Jul 04
Here's Why We Think Odfjell (OB:ODF) Might Deserve Your Attention Today
HAUTO
NOK 111.90
Höegh Autoliners
7D
2.4%
1Y
-6.6%
WEST
NOK 14.00
Western Bulk Chartering
7D
7.7%
1Y
-48.3%
STST
NOK 46.40
Stainless Tankers
7D
-3.3%
1Y
-28.6%
AMSC
NOK 1.46
AMSC
7D
-0.7%
1Y
-95.1%