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Norwegian (OSEAX) Marine Industry Analysis

UpdatedAug 14, 2025
DataAggregated Company Financials
Companies14
  • 7D1.6%
  • 3M22.7%
  • 1Y-11.3%
  • YTDn/a

The Marine industry is up 1.7% in the last week, with Wallenius Wilhelmsen up 4.8%. However, the industry is down 9.3% over the past year. Looking forward, earnings are forecast to decline by 10% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 Aug 2025NOK 133.7bNOK 146.5bNOK 34.7b3.9x3.9x0.9x
Sat, 12 Jul 2025NOK 129.6bNOK 149.9bNOK 35.8b3.6x3.6x0.9x
Mon, 09 Jun 2025NOK 127.4bNOK 151.6bNOK 36.5b3.5x3.5x0.8x
Wed, 07 May 2025NOK 106.1bNOK 148.8bNOK 34.7b3.1x3.1x0.7x
Fri, 04 Apr 2025NOK 98.8bNOK 149.7bNOK 34.8b2.6x2.8x0.7x
Sun, 02 Mar 2025NOK 118.2bNOK 167.2bNOK 38.0b3.1x3.1x0.7x
Tue, 28 Jan 2025NOK 127.8bNOK 165.9bNOK 37.1b3.3x3.4x0.8x
Thu, 26 Dec 2024NOK 131.6bNOK 167.0bNOK 37.4b3.4x3.5x0.8x
Sat, 23 Nov 2024NOK 150.9bNOK 164.2bNOK 36.5b3.9x4.1x0.9x
Mon, 21 Oct 2024NOK 161.9bNOK 160.3bNOK 35.1b4.1x4.6x1x
Wed, 18 Sep 2024NOK 166.4bNOK 155.2bNOK 33.9b4.7x4.9x1.1x
Fri, 16 Aug 2024NOK 160.1bNOK 156.3bNOK 33.4b5.1x4.8x1x
Sun, 14 Jul 2024NOK 162.0bNOK 157.5bNOK 33.4b5.5x4.8x1x
Tue, 11 Jun 2024NOK 164.8bNOK 157.9bNOK 32.7b5.7x5x1x
Thu, 09 May 2024NOK 174.3bNOK 161.6bNOK 33.3b6.1x5.2x1.1x
Sat, 06 Apr 2024NOK 146.6bNOK 157.2bNOK 31.7b5.9x4.6x0.9x
Mon, 04 Mar 2024NOK 150.2bNOK 154.1bNOK 31.1b6.3x4.8x1x
Wed, 31 Jan 2024NOK 178.5bNOK 181.5bNOK 32.6b7.3x5.5x1x
Fri, 29 Dec 2023NOK 158.0bNOK 177.5bNOK 31.8b6.8x5x0.9x
Sun, 26 Nov 2023NOK 161.9bNOK 185.8bNOK 35.4b5.8x4.6x0.9x
Tue, 24 Oct 2023NOK 154.0bNOK 192.1bNOK 34.2b4.5x4.5x0.8x
Thu, 21 Sep 2023NOK 151.3bNOK 187.1bNOK 33.0b4.9x4.6x0.8x
Sat, 19 Aug 2023NOK 145.2bNOK 186.1bNOK 32.1b4.6x4.5x0.8x
Mon, 17 Jul 2023NOK 138.4bNOK 179.6bNOK 26.2b4.9x5.3x0.8x
Wed, 14 Jun 2023NOK 139.6bNOK 188.5bNOK 28.2b4.8x4.9x0.7x
Fri, 12 May 2023NOK 139.0bNOK 186.8bNOK 28.4b4.2x4.9x0.7x
Sun, 09 Apr 2023NOK 135.7bNOK 183.9bNOK 27.9b4.9x4.9x0.7x
Tue, 07 Mar 2023NOK 146.0bNOK 181.7bNOK 28.9b5.1x5.1x0.8x
Thu, 02 Feb 2023NOK 143.6bNOK 171.9bNOK 25.8b6.4x5.6x0.8x
Sat, 31 Dec 2022NOK 142.5bNOK 168.6bNOK 25.4b6.7x5.6x0.8x
Mon, 28 Nov 2022NOK 133.5bNOK 169.0bNOK 25.3b6x5.3x0.8x
Wed, 26 Oct 2022NOK 120.6bNOK 171.6bNOK 21.8b5.9x5.5x0.7x
Fri, 23 Sep 2022NOK 112.6bNOK 167.0bNOK 20.2b6.1x5.6x0.7x
Sun, 21 Aug 2022NOK 120.5bNOK 154.1bNOK 18.5b9.2x6.5x0.8x
Price to Earnings Ratio

6.5x


Total Market Cap: NOK 120.5bTotal Earnings: NOK 18.5bTotal Revenue: NOK 154.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine Industry Price to Earnings3Y Average 4.6x202320242025
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 3.9x 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 Marine industry have grown 22% 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 Comparison

How does Norwegian Marine compare with similar industries?

NO Market-0.41%
Industrials-0.77%
Marine and Shipping1.64%
Marine1.64%
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 99.501.5%
+NOK 634.2m		-10.2%PE3.7x
HSHP Himalaya ShippingNOK 76.503.9%
+NOK 135.0m		-6.0%PE55.1x
2020 2020 BulkersNOK 136.004.0%
+NOK 118.9m		-2.5%PE13.5x
WWI Wilh. Wilhelmsen HoldingNOK 492.500.2%
+NOK 42.3m		24.2%PE3.9x
WEST Western Bulk CharteringNOK 14.303.6%
+NOK 16.8m		-45.8%PS0.04x

Latest News

WAWI
NOK 99.50
Wallenius Wilhelmsen
7D
1.5%
1Y
-10.2%
HSHP
NOK 76.50
Himalaya Shipping
7D
3.9%
1Y
-6.0%
KCC
NOK 70.30
Klaveness Combination Carriers
7D
-5.5%
1Y
-28.9%
WWI
NOK 492.50
Wilh. Wilhelmsen Holding
7D
0.2%
1Y
24.2%

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 19.54
MPC Container Ships
7D
-0.9%
1Y
-12.1%

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 309.50
Stolt-Nielsen
7D
-0.8%
1Y
-26.5%

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

Jul 28
Does Stolt-Nielsen (OB:SNI) Have A Healthy Balance Sheet?
JIN
NOK 6.28
Jinhui Shipping and Transportation
7D
-1.6%
1Y
-1.9%

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 31.50
StandardCoin
7D
1.6%
1Y
-85.0%
2020
NOK 136.00
2020 Bulkers
7D
4.0%
1Y
-2.5%
ODF
NOK 121.80
Odfjell
7D
-2.9%
1Y
-24.5%

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 110.00
Höegh Autoliners
7D
-0.4%
1Y
-16.0%
WEST
NOK 14.30
Western Bulk Chartering
7D
3.6%
1Y
-45.8%
STST
NOK 46.60
Stainless Tankers
7D
-4.9%
1Y
-28.7%
AMSC
NOK 1.46
AMSC
7D
-0.7%
1Y
-95.1%