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Norwegian (OSEAX) Marine Industry Analysis
UpdatedJan 22, 2025
DataAggregated Company Financials
Companies16
- 7D-4.9%
- 3M-20.3%
- 1Y-9.2%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 5.5%, driven by Wallenius Wilhelmsen declining 5.5%. On the other hand Standard Supply is actually up 7.3%. However, the industry is down 11% over the past year. As for the next few years, earnings are forecast to decline by 3.1% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 22 Jan 2025 | NOK 128.6b | NOK 166.6b | NOK 37.3b | 3.3x | 3.4x | 0.8x |
| Fri, 20 Dec 2024 | NOK 125.3b | NOK 168.9b | NOK 37.8b | 3.2x | 3.3x | 0.7x |
| Sun, 17 Nov 2024 | NOK 146.9b | NOK 164.0b | NOK 36.5b | 3.8x | 4x | 0.9x |
| Tue, 15 Oct 2024 | NOK 167.2b | NOK 156.9b | NOK 34.3b | 4.3x | 4.9x | 1.1x |
| Thu, 12 Sep 2024 | NOK 154.0b | NOK 158.8b | NOK 34.7b | 4.3x | 4.4x | 1x |
| Sat, 10 Aug 2024 | NOK 146.6b | NOK 157.0b | NOK 32.9b | 5.2x | 4.5x | 0.9x |
| Mon, 08 Jul 2024 | NOK 170.5b | NOK 154.6b | NOK 31.9b | 6.1x | 5.3x | 1.1x |
| Wed, 05 Jun 2024 | NOK 171.4b | NOK 156.7b | NOK 32.4b | 5.9x | 5.3x | 1.1x |
| Fri, 03 May 2024 | NOK 170.6b | NOK 162.6b | NOK 33.2b | 6.1x | 5.1x | 1x |
| Sun, 31 Mar 2024 | NOK 139.2b | NOK 158.9b | NOK 32.1b | 5.7x | 4.3x | 0.9x |
| Tue, 27 Feb 2024 | NOK 151.6b | NOK 155.4b | NOK 32.1b | 6.6x | 4.7x | 1x |
| Thu, 25 Jan 2024 | NOK 178.3b | NOK 182.0b | NOK 32.7b | 7.3x | 5.5x | 1x |
| Sat, 23 Dec 2023 | NOK 160.0b | NOK 178.2b | NOK 31.9b | 6.7x | 5x | 0.9x |
| Mon, 20 Nov 2023 | NOK 157.8b | NOK 187.5b | NOK 35.3b | 5.6x | 4.5x | 0.8x |
| Wed, 18 Oct 2023 | NOK 155.7b | NOK 190.2b | NOK 33.8b | 4.8x | 4.6x | 0.8x |
| Fri, 15 Sep 2023 | NOK 149.5b | NOK 187.4b | NOK 33.0b | 4.7x | 4.5x | 0.8x |
| Sun, 13 Aug 2023 | NOK 138.9b | NOK 185.4b | NOK 27.2b | 5.2x | 5.1x | 0.7x |
| Tue, 11 Jul 2023 | NOK 140.2b | NOK 186.7b | NOK 27.3b | 4.7x | 5.1x | 0.8x |
| Thu, 08 Jun 2023 | NOK 136.6b | NOK 194.5b | NOK 29.2b | 4.7x | 4.7x | 0.7x |
| Sat, 06 May 2023 | NOK 135.9b | NOK 186.7b | NOK 28.3b | 4.2x | 4.8x | 0.7x |
| Mon, 03 Apr 2023 | NOK 139.9b | NOK 183.3b | NOK 27.8b | 5.1x | 5x | 0.8x |
| Wed, 01 Mar 2023 | NOK 150.0b | NOK 181.4b | NOK 29.1b | 5.4x | 5.2x | 0.8x |
| Fri, 27 Jan 2023 | NOK 137.2b | NOK 170.4b | NOK 25.6b | 6.2x | 5.4x | 0.8x |
| Sun, 25 Dec 2022 | NOK 143.2b | NOK 169.8b | NOK 25.6b | 6.5x | 5.6x | 0.8x |
| Tue, 22 Nov 2022 | NOK 135.5b | NOK 176.4b | NOK 27.0b | 6x | 5x | 0.8x |
| Thu, 20 Oct 2022 | NOK 119.6b | NOK 172.0b | NOK 21.1b | 6.2x | 5.7x | 0.7x |
| Sat, 17 Sep 2022 | NOK 111.5b | NOK 163.8b | NOK 19.8b | 6x | 5.6x | 0.7x |
| Mon, 15 Aug 2022 | NOK 129.0b | NOK 147.7b | NOK 17.5b | 6.8x | 7.4x | 0.9x |
| Wed, 13 Jul 2022 | NOK 113.4b | NOK 157.1b | NOK 18.8b | 5.9x | 6x | 0.7x |
| Fri, 10 Jun 2022 | NOK 120.8b | NOK 146.4b | NOK 17.2b | 7.8x | 7x | 0.8x |
| Sun, 08 May 2022 | NOK 115.6b | NOK 136.7b | NOK 13.4b | 7.1x | 8.6x | 0.8x |
| Tue, 05 Apr 2022 | NOK 120.7b | NOK 125.3b | NOK 10.7b | 8.6x | 11.3x | 1x |
| Thu, 03 Mar 2022 | NOK 119.5b | NOK 118.3b | NOK 11.8b | 7.6x | 10.1x | 1x |
| Sat, 29 Jan 2022 | NOK 105.8b | NOK 105.3b | NOK 7.8b | 9.5x | 13.6x | 1x |
Price to Earnings Ratio
13.6x
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 5.7x.
- 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 70% 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 Market | -0.058% | |
| Industrials | 2.08% | |
| Marine and Shipping | -4.94% | |
| Marine | -4.94% | |
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 | |
|---|---|---|---|---|---|
| AMSC AMSC | NOK 30.95 | 12.5% +NOK 247.9m | 10.9% | PE5.9x | |
| BELCO Belships | NOK 20.25 | 0.7% +NOK 37.9m | -7.1% | PE6.6x | |
| STSU Standard Supply | NOK 22.50 | 12.2% +NOK 4.6m | -95.1% | PE0.1x |
