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Norwegian (OSEAX) Marine Industry Analysis

UpdatedDec 31, 2024
DataAggregated Company Financials
Companies16
  • 7D1.4%
  • 3M-20.2%
  • 1Y5.6%
  • YTDn/a

Over the last 7 days, the Marine industry has risen 1.8%, driven by gains from Wallenius Wilhelmsen of 2.4%. In the last 12 months, the industry was up 6.1%. Looking forward, earnings are forecast to decline by 3.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Dec 2024NOK 133.5bNOK 167.4bNOK 37.5b3.4x3.6x0.8x
Thu, 28 Nov 2024NOK 139.8bNOK 163.1bNOK 36.5b3.5x3.8x0.9x
Sat, 26 Oct 2024NOK 154.5bNOK 160.5bNOK 35.7b4x4.3x1x
Mon, 23 Sep 2024NOK 171.2bNOK 153.5bNOK 33.6b4.7x5.1x1.1x
Wed, 21 Aug 2024NOK 151.9bNOK 154.2bNOK 33.3b4.9x4.6x1x
Fri, 19 Jul 2024NOK 163.3bNOK 159.0bNOK 34.0b5.6x4.8x1x
Sun, 16 Jun 2024NOK 157.6bNOK 158.2bNOK 32.8b5.4x4.8x1x
Tue, 14 May 2024NOK 179.0bNOK 160.4bNOK 33.4b6.1x5.4x1.1x
Thu, 11 Apr 2024NOK 147.1bNOK 160.3bNOK 32.5b5.5x4.5x0.9x
Sat, 09 Mar 2024NOK 139.9bNOK 152.9bNOK 30.8b6.1x4.5x0.9x
Mon, 05 Feb 2024NOK 180.1bNOK 183.7bNOK 33.1b7.2x5.4x1x
Wed, 03 Jan 2024NOK 160.8bNOK 179.7bNOK 32.2b6.8x5x0.9x
Fri, 01 Dec 2023NOK 157.8bNOK 186.6bNOK 35.5b5.6x4.4x0.8x
Sun, 29 Oct 2023NOK 159.0bNOK 193.9bNOK 35.1b4.5x4.5x0.8x
Tue, 26 Sep 2023NOK 149.8bNOK 188.3bNOK 33.2b4.9x4.5x0.8x
Thu, 24 Aug 2023NOK 143.8bNOK 186.0bNOK 33.0b4.7x4.4x0.8x
Sat, 22 Jul 2023NOK 134.0bNOK 180.1bNOK 26.3b4.8x5.1x0.7x
Mon, 19 Jun 2023NOK 140.0bNOK 187.1bNOK 28.0b4.8x5x0.7x
Wed, 17 May 2023NOK 137.0bNOK 187.9bNOK 28.5b4.2x4.8x0.7x
Fri, 14 Apr 2023NOK 142.8bNOK 180.7bNOK 27.4b5.2x5.2x0.8x
Sun, 12 Mar 2023NOK 146.8bNOK 185.1bNOK 28.1b5.3x5.2x0.8x
Tue, 07 Feb 2023NOK 139.4bNOK 179.1bNOK 27.3b5.7x5.1x0.8x
Thu, 05 Jan 2023NOK 136.2bNOK 172.9bNOK 26.0b6x5.2x0.8x
Sat, 03 Dec 2022NOK 133.1bNOK 168.0bNOK 25.0b6.3x5.3x0.8x
Mon, 31 Oct 2022NOK 124.6bNOK 172.3bNOK 22.8b5.9x5.5x0.7x
Wed, 28 Sep 2022NOK 108.9bNOK 173.2bNOK 21.0b5.7x5.2x0.6x
Fri, 26 Aug 2022NOK 118.2bNOK 157.8bNOK 19.0b8.4x6.2x0.7x
Sun, 24 Jul 2022NOK 120.5bNOK 153.0bNOK 18.3b6.1x6.6x0.8x
Tue, 21 Jun 2022NOK 115.6bNOK 151.1bNOK 17.8b7.9x6.5x0.8x
Thu, 19 May 2022NOK 122.8bNOK 146.7bNOK 16.1b6.9x7.7x0.8x
Sat, 16 Apr 2022NOK 112.3bNOK 126.8bNOK 10.8b7.7x10.4x0.9x
Mon, 14 Mar 2022NOK 117.7bNOK 130.1bNOK 11.5b7x10.2x0.9x
Wed, 09 Feb 2022NOK 112.8bNOK 103.8bNOK 7.7b10.2x14.7x1.1x
Fri, 07 Jan 2022NOK 104.2bNOK 103.2bNOK 7.3b3.9x14.2x1x
Price to Earnings Ratio

14.2x


Total Market Cap: NOK 104.2bTotal Earnings: NOK 7.3bTotal Revenue: NOK 103.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine Industry Price to Earnings3Y Average 5.9x20232024
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 3.6x which is lower than its 3-year average PE of 5.9x.
  • 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 73% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market1.50%
Industrials0.19%
Marine and Shipping1.39%
Marine1.39%
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
HAUTO Höegh AutolinersNOK 113.202.5%
+NOK 534.2m		22.7%PE2.8x
ODF OdfjellNOK 116.804.8%
+NOK 426.7m		0.3%PE2.9x
WAWI Wallenius WilhelmsenNOK 93.500.9%
+NOK 338.2m		5.1%PE3.9x
WWI Wilh. Wilhelmsen HoldingNOK 409.501.5%
+NOK 257.3m		12.3%PE3.2x
SNI Stolt-NielsenNOK 289.000.9%
+NOK 133.8m		-7.2%PE3.4x
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Latest News

ODF

NOK 116.80

Odfjell

7D

4.8%

1Y

0.3%

The Trend Of High Returns At Odfjell (OB:ODF) Has Us Very Interested

Dec 25
The Trend Of High Returns At Odfjell (OB:ODF) Has Us Very Interested

WAWI

NOK 93.50

Wallenius Wilhelmsen

7D

0.9%

1Y

5.1%

Market Cool On Wallenius Wilhelmsen ASA's (OB:WAWI) Earnings

Dec 25
Market Cool On Wallenius Wilhelmsen ASA's (OB:WAWI) Earnings

BELCO

NOK 20.10

Belships

7D

-0.7%

1Y

9.4%

HAUTO

NOK 113.20

Höegh Autoliners

7D

2.5%

1Y

22.7%

AMSC

NOK 26.00

AMSC

7D

2.6%

1Y

-3.3%

MPCC

NOK 20.73

MPC Container Ships

7D

1.3%

1Y

55.6%

EWIND

NOK 18.95

Edda Wind

7D

-5.0%

1Y

-24.2%

SNI

NOK 289.00

Stolt-Nielsen

7D

0.9%

1Y

-7.2%

Stolt-Nielsen Limited (OB:SNI) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 11
Stolt-Nielsen Limited (OB:SNI) Looks Inexpensive But Perhaps Not Attractive Enough

WWI

NOK 409.50

Wilh. Wilhelmsen Holding

7D

1.5%

1Y

12.3%

KCC

NOK 74.50

Klaveness Combination Carriers

7D

0.9%

1Y

-14.4%