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Apr 25
Norwegian (OSEAX) Marine Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies19
- 7D5.7%
- 3M7.5%
- 1Y33.1%
- YTDn/a
Over the last 7 days, the Marine industry has risen 4.0%, driven by gains from Wallenius Wilhelmsen of 6.7%. This means that the industry has gained 28% over the past year. Earnings are forecast to grow by 1.7% annually.
Industry Valuation and Performance
Has the Norwegian Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | kr162.1b | kr162.7b | kr33.0b | 6.4x | 4.9x | 1x |
| Sat, 23 Mar 2024 | kr139.2b | kr157.6b | kr31.8b | 5.7x | 4.4x | 0.9x |
| Mon, 19 Feb 2024 | kr156.5b | kr156.1b | kr32.2b | 6.4x | 4.9x | 1x |
| Wed, 17 Jan 2024 | kr169.7b | kr182.0b | kr32.7b | 7.3x | 5.2x | 0.9x |
| Fri, 15 Dec 2023 | kr154.4b | kr181.9b | kr32.7b | 5.9x | 4.7x | 0.8x |
| Sun, 12 Nov 2023 | kr157.8b | kr192.5b | kr36.6b | 4.7x | 4.3x | 0.8x |
| Tue, 10 Oct 2023 | kr152.5b | kr187.7b | kr33.3b | 4.5x | 4.6x | 0.8x |
| Thu, 07 Sep 2023 | kr146.7b | kr188.0b | kr33.3b | 4.7x | 4.4x | 0.8x |
| Sat, 05 Aug 2023 | kr139.9b | kr180.3b | kr26.4b | 5.5x | 5.3x | 0.8x |
| Mon, 03 Jul 2023 | kr144.8b | kr189.8b | kr28.4b | 4.5x | 5.1x | 0.8x |
| Wed, 31 May 2023 | kr137.6b | kr197.0b | kr29.9b | 4.6x | 4.6x | 0.7x |
| Fri, 28 Apr 2023 | kr144.4b | kr186.5b | kr28.2b | 5x | 5.1x | 0.8x |
| Sun, 26 Mar 2023 | kr134.8b | kr182.1b | kr27.4b | 4.9x | 4.9x | 0.7x |
| Tue, 21 Feb 2023 | kr143.1b | kr179.3b | kr29.0b | 5.3x | 4.9x | 0.8x |
| Thu, 19 Jan 2023 | kr142.9b | kr169.9b | kr25.6b | 6.4x | 5.6x | 0.8x |
| Sat, 17 Dec 2022 | kr138.5b | kr170.3b | kr25.6b | 6.3x | 5.4x | 0.8x |
| Mon, 14 Nov 2022 | kr141.8b | kr170.0b | kr25.4b | 6.1x | 5.6x | 0.8x |
| Wed, 12 Oct 2022 | kr109.0b | kr173.5b | kr21.3b | 5.5x | 5.1x | 0.6x |
| Fri, 09 Sep 2022 | kr109.5b | kr163.9b | kr19.9b | 6.1x | 5.5x | 0.7x |
| Sun, 07 Aug 2022 | kr120.2b | kr151.4b | kr17.9b | 6.2x | 6.7x | 0.8x |
| Tue, 05 Jul 2022 | kr110.3b | kr152.2b | kr18.2b | 6.1x | 6.1x | 0.7x |
| Thu, 02 Jun 2022 | kr124.6b | kr144.8b | kr17.0b | 7.3x | 7.4x | 0.9x |
| Sat, 30 Apr 2022 | kr115.1b | kr134.2b | kr11.4b | 7.8x | 10.1x | 0.9x |
| Mon, 28 Mar 2022 | kr119.3b | kr125.4b | kr10.7b | 6.9x | 11.1x | 1x |
| Wed, 23 Feb 2022 | kr122.6b | kr112.4b | kr9.1b | 10.1x | 13.4x | 1.1x |
| Fri, 21 Jan 2022 | kr106.1b | kr101.6b | kr7.2b | 9.6x | 14.6x | 1x |
| Sun, 19 Dec 2021 | kr93.7b | kr96.4b | kr7.6b | 7x | 12.4x | 1x |
| Tue, 16 Nov 2021 | kr96.0b | kr95.2b | kr6.7b | 9.9x | 14.3x | 1x |
| Thu, 14 Oct 2021 | kr90.4b | kr88.0b | kr4.9b | 12x | 18.6x | 1x |
| Sat, 11 Sep 2021 | kr80.9b | kr84.4b | kr4.7b | 10.9x | 17.3x | 1x |
| Mon, 09 Aug 2021 | kr78.1b | kr84.9b | kr4.5b | 9.5x | 17.5x | 0.9x |
| Sun, 02 May 2021 | kr67.5b | kr78.7b | kr2.7b | 15.8x | 25.3x | 0.9x |
Price to Earnings Ratio
25.3x
Current Industry PE
- Investors are pessimistic on the Norwegian Marine 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 4.8x which is lower than its 3-year average PE of 9.2x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Marine industry have grown 131% per year over the last three years.
- Revenues for these companies have grown 27% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Norwegian Marine compare with similar industries?
| NO Market | 0.11% | |
| Industrials | 2.44% | |
| Marine and Shipping | 5.70% | |
| Marine | 5.70% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WAWI Wallenius Wilhelmsen | kr105.70 | 7.7% +kr3.2b | 29.5% | PE4.8x | |
| GCC Gram Car Carriers | kr266.50 | 26.6% +kr1.6b | 50.9% | PE7.5x | |
| HAUTO Höegh Autoliners | kr105.30 | 8.6% +kr1.6b | 56.8% | PE3.1x | |
| MPCC MPC Container Ships | kr15.89 | 18.9% +kr1.1b | -8.5% | PE2x | |
| ODF Odfjell | kr176.40 | 5.6% +kr742.8m | 76.4% | PE6.2x |
