Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Norwegian (OSEAX) Marine Industry Analysis

UpdatedJan 30, 2025
DataAggregated Company Financials
Companies16
  • 7D2.9%
  • 3M-8.3%
  • 1Y-9.3%
  • YTDn/a

The Marine industry is up 1.3% in the last week, with Stolt-Nielsen up 11%. Meanwhile, Himalaya Shipping actually underperformed within the industry, shrinking 5.1% in the last week. In the past year, the industry is down 10.0%. As for the next few years, earnings are forecast to decline by 3.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jan 2025NOK 131.7bNOK 166.6bNOK 37.3b3.5x3.5x0.8x
Sat, 28 Dec 2024NOK 134.0bNOK 167.5bNOK 37.5b3.4x3.6x0.8x
Mon, 25 Nov 2024NOK 150.9bNOK 163.7bNOK 36.4b3.9x4.1x0.9x
Wed, 23 Oct 2024NOK 165.0bNOK 160.2bNOK 35.0b4.1x4.7x1x
Fri, 20 Sep 2024NOK 171.3bNOK 153.5bNOK 33.6b4.8x5.1x1.1x
Sun, 18 Aug 2024NOK 158.0bNOK 156.8bNOK 33.8b5x4.7x1x
Tue, 16 Jul 2024NOK 163.1bNOK 158.7bNOK 33.7b5.5x4.8x1x
Thu, 13 Jun 2024NOK 161.6bNOK 156.9bNOK 32.5b5.7x5x1x
Sat, 11 May 2024NOK 178.0bNOK 160.7bNOK 33.4b6.1x5.3x1.1x
Mon, 08 Apr 2024NOK 146.6bNOK 157.2bNOK 31.7b5.9x4.6x0.9x
Wed, 06 Mar 2024NOK 149.1bNOK 154.8bNOK 31.2b6.4x4.8x1x
Fri, 02 Feb 2024NOK 179.4bNOK 181.1bNOK 32.6b7.3x5.5x1x
Sun, 31 Dec 2023NOK 159.1bNOK 177.3bNOK 31.8b6.8x5x0.9x
Tue, 28 Nov 2023NOK 160.9bNOK 185.3bNOK 35.3b5.8x4.6x0.9x
Thu, 26 Oct 2023NOK 157.8bNOK 193.6bNOK 34.5b4.6x4.6x0.8x
Sat, 23 Sep 2023NOK 151.7bNOK 187.4bNOK 33.0b5x4.6x0.8x
Mon, 21 Aug 2023NOK 145.2bNOK 186.4bNOK 32.1b4.6x4.5x0.8x
Wed, 19 Jul 2023NOK 134.5bNOK 179.6bNOK 26.2b4.8x5.1x0.7x
Fri, 16 Jun 2023NOK 139.9bNOK 186.3bNOK 27.9b4.9x5x0.8x
Sun, 14 May 2023NOK 139.4bNOK 187.5bNOK 28.5b4.2x4.9x0.7x
Tue, 11 Apr 2023NOK 135.7bNOK 183.9bNOK 27.9b4.9x4.9x0.7x
Thu, 09 Mar 2023NOK 148.5bNOK 185.5bNOK 28.1b5.3x5.3x0.8x
Sat, 04 Feb 2023NOK 139.9bNOK 175.5bNOK 26.4b6.4x5.3x0.8x
Mon, 02 Jan 2023NOK 141.2bNOK 168.6bNOK 25.4b6.7x5.6x0.8x
Wed, 30 Nov 2022NOK 135.0bNOK 171.2bNOK 25.4b6x5.3x0.8x
Fri, 28 Oct 2022NOK 123.2bNOK 169.3bNOK 21.6b6x5.7x0.7x
Sun, 25 Sep 2022NOK 107.4bNOK 170.0bNOK 20.6b5.6x5.2x0.6x
Tue, 23 Aug 2022NOK 118.0bNOK 158.0bNOK 19.0b9x6.2x0.7x
Thu, 21 Jul 2022NOK 120.0bNOK 153.6bNOK 18.4b6x6.5x0.8x
Sat, 18 Jun 2022NOK 116.1bNOK 153.1bNOK 18.0b7.8x6.5x0.8x
Mon, 16 May 2022NOK 117.0bNOK 146.1bNOK 15.9b6.8x7.4x0.8x
Wed, 13 Apr 2022NOK 112.7bNOK 125.9bNOK 10.7b7.6x10.5x0.9x
Fri, 11 Mar 2022NOK 116.9bNOK 129.7bNOK 11.5b7.1x10.2x0.9x
Sun, 06 Feb 2022NOK 112.8bNOK 103.2bNOK 7.7b9.6x14.7x1.1x
Price to Earnings Ratio

14.7x


Total Market Cap: NOK 112.8bTotal Earnings: NOK 7.7bTotal Revenue: NOK 103.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine Industry Price to Earnings3Y Average 5.6x202320242025
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 3.5x which is lower than its 3-year average PE of 5.6x.
  • 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 69% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market1.24%
Industrials1.56%
Marine and Shipping2.88%
Marine2.88%
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
SNI Stolt-NielsenNOK 298.004.9%
+NOK 749.3m		-26.4%PE3.5x
WWI Wilh. Wilhelmsen HoldingNOK 410.501.7%
+NOK 300.2m		12.3%PE3.2x
ODF OdfjellNOK 119.202.6%
+NOK 237.1m		-18.4%PE3x
KCC Klaveness Combination CarriersNOK 74.201.0%
+NOK 41.8m		-32.2%PE4x
BELCO BelshipsNOK 20.300.5%
+NOK 25.3m		-6.0%PE6.6x
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

SNI

NOK 298.00

Stolt-Nielsen

7D

4.9%

1Y

-26.4%

2020

NOK 123.40

2020 Bulkers

7D

-1.3%

1Y

-12.5%

HAUTO

NOK 105.30

Höegh Autoliners

7D

-1.0%

1Y

0%

STST

NOK 57.60

Stainless Tankers

7D

0.7%

1Y

-2.4%

ODF

NOK 119.20

Odfjell

7D

2.6%

1Y

-18.4%

Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

Jan 14
Is Now The Time To Put Odfjell (OB:ODF) On Your Watchlist?

WAWI

NOK 90.70

Wallenius Wilhelmsen

7D

-0.9%

1Y

-11.7%

Should You Think About Buying Wallenius Wilhelmsen ASA (OB:WAWI) Now?

Jan 12
Should You Think About Buying Wallenius Wilhelmsen ASA (OB:WAWI) Now?

MPCC

NOK 18.23

MPC Container Ships

7D

-2.5%

1Y

13.9%

We Think MPC Container Ships (OB:MPCC) Can Stay On Top Of Its Debt

Jan 12
We Think MPC Container Ships (OB:MPCC) Can Stay On Top Of Its Debt

JIN

NOK 5.70

Jinhui Shipping and Transportation

7D

-2.1%

1Y

-16.7%

HSHP

NOK 53.00

Himalaya Shipping

7D

-3.1%

1Y

-24.1%

BELCO

NOK 20.30

Belships

7D

0.5%

1Y

-6.0%

STSU

NOK 22.60

Standard Supply

7D

2.7%

1Y

-95.1%

EWIND

NOK 18.30

Edda Wind

7D

-0.5%

1Y

-25.3%

WWI

NOK 410.50

Wilh. Wilhelmsen Holding

7D

1.7%

1Y

12.3%

KCC

NOK 74.20

Klaveness Combination Carriers

7D

1.0%

1Y

-32.2%