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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies13
  • 7D0.007%
  • 3M22.8%
  • 1Y44.5%
  • YTD45.1%

Over the last 7 days, the Marine and Shipping industry has dropped 1.6%, driven by a pullback from Höegh Autoliners of 10%. Over the past 12 months, the industry was up 42%. Looking forward, earnings are forecast to decline by 8.3% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Aug 2026NOK 195.0bNOK 132.9bNOK 23.6b8.4x8.3x1.5x
Thu, 23 Jul 2026NOK 174.3bNOK 136.0bNOK 27.9b6.7x6.3x1.3x
Sat, 20 Jun 2026NOK 160.2bNOK 136.9bNOK 28.3b6.1x5.7x1.2x
Mon, 18 May 2026NOK 160.6bNOK 131.5bNOK 27.4b6.1x5.9x1.2x
Wed, 15 Apr 2026NOK 160.1bNOK 132.0bNOK 27.6b6.3x5.8x1.2x
Fri, 13 Mar 2026NOK 160.7bNOK 135.3bNOK 29.4b5.3x5.5x1.2x
Sun, 08 Feb 2026NOK 146.5bNOK 136.0bNOK 30.2b4.8x4.8x1.1x
Tue, 06 Jan 2026NOK 133.5bNOK 141.4bNOK 31.7b4.2x4.2x0.9x
Thu, 04 Dec 2025NOK 130.2bNOK 141.9bNOK 31.8b4.2x4.1x0.9x
Sat, 01 Nov 2025NOK 120.7bNOK 142.9bNOK 32.5b4x3.7x0.8x
Mon, 29 Sep 2025NOK 131.1bNOK 141.1bNOK 32.5b4.2x4x0.9x
Wed, 27 Aug 2025NOK 128.6bNOK 143.3bNOK 33.0b3.8x3.9x0.9x
Fri, 25 Jul 2025NOK 137.5bNOK 150.9bNOK 36.3b3.8x3.8x0.9x
Sun, 22 Jun 2025NOK 126.6bNOK 151.7bNOK 36.5b3.5x3.5x0.8x
Tue, 20 May 2025NOK 113.2bNOK 149.3bNOK 34.6b3.2x3.3x0.8x
Thu, 17 Apr 2025NOK 100.2bNOK 153.9bNOK 35.4b2.9x2.8x0.7x
Sat, 15 Mar 2025NOK 113.4bNOK 154.4bNOK 35.3b3.2x3.2x0.7x
Mon, 10 Feb 2025NOK 129.8bNOK 165.9bNOK 37.0b3.4x3.5x0.8x
Wed, 08 Jan 2025NOK 134.7bNOK 167.1bNOK 37.4b3.4x3.6x0.8x
Fri, 06 Dec 2024NOK 142.2bNOK 163.0bNOK 36.5b3.6x3.9x0.9x
Sun, 03 Nov 2024NOK 143.6bNOK 163.2bNOK 35.8b3.7x4x0.9x
Tue, 01 Oct 2024NOK 165.9bNOK 154.4bNOK 33.8b4.6x4.9x1.1x
Thu, 29 Aug 2024NOK 150.4bNOK 154.1bNOK 33.9b4.4x4.4x1x
Sat, 27 Jul 2024NOK 161.8bNOK 161.8bNOK 34.6b5.4x4.7x1x
Mon, 24 Jun 2024NOK 164.2bNOK 156.7bNOK 32.4b5.3x5.1x1x
Wed, 22 May 2024NOK 176.1bNOK 158.0bNOK 33.0b6.2x5.3x1.1x
Fri, 19 Apr 2024NOK 152.3bNOK 163.7bNOK 33.2b5.7x4.6x0.9x
Sun, 17 Mar 2024NOK 143.0bNOK 155.6bNOK 31.4b6x4.6x0.9x
Tue, 13 Feb 2024NOK 163.6bNOK 157.8bNOK 32.7b6.4x5x1x
Thu, 11 Jan 2024NOK 168.9bNOK 180.2bNOK 32.3b7.1x5.2x0.9x
Sat, 09 Dec 2023NOK 157.8bNOK 188.6bNOK 34.0b5.6x4.6x0.8x
Mon, 06 Nov 2023NOK 162.0bNOK 191.4bNOK 36.2b5x4.5x0.8x
Wed, 04 Oct 2023NOK 149.8bNOK 189.3bNOK 33.4b4.7x4.5x0.8x
Fri, 01 Sep 2023NOK 146.2bNOK 186.9bNOK 33.0b4.6x4.4x0.8x
Price to Earnings Ratio

4.4x


Total Market Cap: NOK 146.2bTotal Earnings: NOK 33.0bTotal Revenue: NOK 186.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 4.5x202420252026
Current Industry PE
  • Investors are optimistic on the Norwegian Shipping industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 8.1x which is higher than its 3-year average PE of 4.5x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 10% per year over the last three years,
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market-0.081%
Industrials-2.46%
Marine and Shipping0.0072%
Marine0.0072%
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 169.701.9%
+NOK 1.3b		63.8%PE11.1x
MPCC MPC Container ShipsNOK 27.605.7%
+NOK 722.3m		43.8%PE6.6x
ODF OdfjellNOK 121.806.8%
+NOK 617.6m		4.6%PE6.2x
SNI Stolt-NielsenNOK 328.502.3%
+NOK 398.4m		2.0%PE8.4x
WWI Wilh. Wilhelmsen HoldingNOK 812.000.9%
+NOK 290.4m		58.9%PE6.9x

Latest News

HAUTO
NOK 175.20
Höegh Autoliners
7D
-9.6%
1Y
56.3%
ODF
NOK 121.80
Odfjell
7D
6.8%
1Y
4.6%
HSHP
NOK 155.00
Himalaya Shipping
7D
1.0%
1Y
99.5%
WAWI
NOK 169.70
Wallenius Wilhelmsen
7D
1.9%
1Y
63.8%
MPCC
NOK 27.60
MPC Container Ships
7D
5.7%
1Y
43.8%
Narrative Update • Aug 13

MPCC: Execution Against NOK 30 Outlook Will Shape Balanced Return Prospects

Analysts have raised their price target for MPC Container Ships from NOK 25 to NOK 30, citing updated assumptions on fair value, discount rate, revenue trends, profit margins and future P/E levels. Analyst Commentary Recent research on MPC Container Ships highlights a shift toward a more constructive view on the stock, with price targets now aligned at NOK 30.
WWI
NOK 812.00
Wilh. Wilhelmsen Holding
7D
0.9%
1Y
58.9%
SNI
NOK 328.50
Stolt-Nielsen
7D
2.3%
1Y
2.0%
Analysis Article • Jul 12

Results: Stolt-Nielsen Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Stolt-Nielsen Limited ( OB:SNI ) defied analyst predictions to release its quarterly results, which were ahead of...
KCC
NOK 102.80
Klaveness Combination Carriers
7D
1.8%
1Y
33.3%
Narrative Update • Jul 07

KCC: Higher Fair Value And Future P/E Will Support Steady Outlook

Analysts have revised their price target for Klaveness Combination Carriers from NOK 97.87 to NOK 120.96. They cite adjustments to fair value assumptions, a higher discount rate, lower projected revenue growth, a reduced profit margin outlook, and a higher future P/E multiple in their updated models.
JIN
NOK 6.68
Jinhui Shipping and Transportation
7D
2.8%
1Y
0.9%
STST
NOK 41.00
Stainless Tankers
7D
-1.9%
1Y
-12.8%