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Norwegian (OSEAX) Marine Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies16
  • 7D8.0%
  • 3M0.01%
  • 1Y22.8%
  • YTDn/a

Over the last 7 days, the Marine industry has risen 5.6%, driven by gains in Wallenius Wilhelmsen and Höegh Autoliners of 6.1% and 10%, respectively. This means that the industry has gained 19% over the past year. As for the next few years, earnings are forecast to decline by 3.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 153.9bNOK 163.6bNOK 36.4b4x4.2x0.9x
Sat, 19 Oct 2024NOK 161.9bNOK 160.3bNOK 35.1b4.1x4.6x1x
Mon, 16 Sep 2024NOK 161.1bNOK 156.0bNOK 34.1b4.5x4.7x1x
Wed, 14 Aug 2024NOK 154.3bNOK 155.3bNOK 32.5b5.3x4.7x1x
Fri, 12 Jul 2024NOK 161.7bNOK 157.3bNOK 32.4b5.8x5x1x
Sun, 09 Jun 2024NOK 164.8bNOK 158.8bNOK 32.9b5.5x5x1x
Tue, 07 May 2024NOK 169.0bNOK 160.3bNOK 32.7b6.1x5.2x1.1x
Thu, 04 Apr 2024NOK 145.2bNOK 157.2bNOK 31.7b5.8x4.6x0.9x
Sat, 02 Mar 2024NOK 150.2bNOK 154.1bNOK 31.2b6.3x4.8x1x
Mon, 29 Jan 2024NOK 175.8bNOK 181.2bNOK 32.5b7.4x5.4x1x
Wed, 27 Dec 2023NOK 160.0bNOK 178.0bNOK 31.9b6.7x5x0.9x
Fri, 24 Nov 2023NOK 160.8bNOK 187.2bNOK 34.7b5.7x4.6x0.9x
Sun, 22 Oct 2023NOK 154.3bNOK 191.8bNOK 34.2b4.7x4.5x0.8x
Tue, 19 Sep 2023NOK 150.7bNOK 188.7bNOK 33.3b4.8x4.5x0.8x
Thu, 17 Aug 2023NOK 145.2bNOK 185.4bNOK 29.1b5.4x5x0.8x
Sat, 15 Jul 2023NOK 138.4bNOK 178.9bNOK 26.1b4.9x5.3x0.8x
Mon, 12 Jun 2023NOK 138.2bNOK 190.3bNOK 28.5b4.8x4.8x0.7x
Wed, 10 May 2023NOK 138.3bNOK 185.8bNOK 28.3b4.3x4.9x0.7x
Fri, 07 Apr 2023NOK 135.7bNOK 182.8bNOK 27.7b4.9x4.9x0.7x
Sun, 05 Mar 2023NOK 146.9bNOK 181.3bNOK 28.8b5.3x5.1x0.8x
Tue, 31 Jan 2023NOK 139.4bNOK 171.1bNOK 25.7b6.2x5.4x0.8x
Thu, 29 Dec 2022NOK 141.4bNOK 170.2bNOK 25.6b6.5x5.5x0.8x
Sat, 26 Nov 2022NOK 133.5bNOK 169.0bNOK 25.3b6x5.3x0.8x
Mon, 24 Oct 2022NOK 120.5bNOK 174.9bNOK 22.2b5.8x5.4x0.7x
Wed, 21 Sep 2022NOK 111.9bNOK 165.5bNOK 20.0b6.1x5.6x0.7x
Fri, 19 Aug 2022NOK 124.1bNOK 150.4bNOK 18.3b6.9x6.8x0.8x
Sun, 17 Jul 2022NOK 114.8bNOK 156.5bNOK 18.7b5.9x6.1x0.7x
Tue, 14 Jun 2022NOK 116.5bNOK 151.3bNOK 17.8b7.4x6.5x0.8x
Thu, 12 May 2022NOK 114.3bNOK 143.1bNOK 15.3b6.8x7.5x0.8x
Sat, 09 Apr 2022NOK 115.9bNOK 125.5bNOK 10.7b8x10.9x0.9x
Mon, 07 Mar 2022NOK 117.2bNOK 130.2bNOK 11.5b7x10.2x0.9x
Wed, 02 Feb 2022NOK 108.0bNOK 103.9bNOK 7.7b9.2x14x1x
Fri, 31 Dec 2021NOK 100.8bNOK 102.2bNOK 7.3b9.7x13.8x1x
Sun, 28 Nov 2021NOK 83.1bNOK 97.1bNOK 7.5b8.9x11.1x0.9x
Price to Earnings Ratio

11.1x


Total Market Cap: NOK 83.1bTotal Earnings: NOK 7.5bTotal Revenue: NOK 97.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine Industry Price to Earnings3Y Average 6.2x202220232024
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 4.2x which is lower than its 3-year average PE of 6.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.87x.
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 19% 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 Market3.06%
Industrials1.85%
Marine and Shipping7.97%
Marine7.97%
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 115.909.7%
+NOK 4.3b		21.7%PE4.9x
HAUTO Höegh AutolinersNOK 136.3014.5%
+NOK 3.3b		54.9%PE3.5x
MPCC MPC Container ShipsNOK 26.6018.0%
+NOK 1.8b		90.0%PE4.4x
WWI Wilh. Wilhelmsen HoldingNOK 433.003.3%
+NOK 600.3m		31.8%PE3.5x
SNI Stolt-NielsenNOK 310.502.6%
+NOK 428.2m		-3.4%PE3.7x
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Latest News

MPCC

NOK 26.60

MPC Container Ships

7D

18.0%

1Y

90.0%

EWIND

NOK 21.80

Edda Wind

7D

12.4%

1Y

-12.4%

2020

NOK 142.00

2020 Bulkers

7D

-0.5%

1Y

27.5%

BELCO

NOK 18.30

Belships

7D

-0.1%

1Y

3.9%

STSU

NOK 25.40

Standard Supply

7D

-22.0%

1Y

-95.3%

WWI

NOK 433.00

Wilh. Wilhelmsen Holding

7D

3.3%

1Y

31.8%

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Nov 15
The Market Doesn't Like What It Sees From Wilh. Wilhelmsen Holding ASA's (OB:WWI) Earnings Yet

HSHP

NOK 78.30

Himalaya Shipping

7D

-1.6%

1Y

37.4%

ODF

NOK 113.80

Odfjell

7D

3.5%

1Y

3.5%

Why Investors Shouldn't Be Surprised By Odfjell SE's (OB:ODF) 25% Share Price Plunge

Nov 13
Why Investors Shouldn't Be Surprised By Odfjell SE's (OB:ODF) 25% Share Price Plunge

SNI

NOK 310.50

Stolt-Nielsen

7D

2.6%

1Y

-3.4%

AMSC

NOK 27.25

AMSC

7D

-1.1%

1Y

4.6%

WAWI

NOK 115.90

Wallenius Wilhelmsen

7D

9.7%

1Y

21.7%

KCC

NOK 84.50

Klaveness Combination Carriers

7D

7.9%

1Y

12.4%

HAUTO

NOK 136.30

Höegh Autoliners

7D

14.5%

1Y

54.9%

WEST

NOK 17.05

Western Bulk Chartering

7D

-0.3%

1Y

-34.4%