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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedAug 30, 2026
DataAggregated Company Financials
Companies13
  • 7D-1.7%
  • 3M20.1%
  • 1Y43.6%
  • YTD40.3%

Over the last 7 days, the Marine and Shipping industry has dropped 1.7%, driven by Wallenius Wilhelmsen declining 4.0%. This takes the industry's 12 month performance to a gain of 44%. Looking forward, earnings are forecast to decline by 8.1% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 31 Aug 2026NOK 188.4bNOK 133.9bNOK 24.1b8.3x7.8x1.4x
Wed, 29 Jul 2026NOK 178.0bNOK 137.3bNOK 28.1b6.9x6.3x1.3x
Fri, 26 Jun 2026NOK 165.9bNOK 139.3bNOK 28.8b6.3x5.8x1.2x
Sun, 24 May 2026NOK 155.8bNOK 131.1bNOK 27.4b6.1x5.7x1.2x
Tue, 21 Apr 2026NOK 156.7bNOK 130.2bNOK 27.2b6.4x5.8x1.2x
Thu, 19 Mar 2026NOK 165.2bNOK 133.9bNOK 29.1b6.1x5.7x1.2x
Sat, 14 Feb 2026NOK 148.7bNOK 134.1bNOK 30.2b4.8x4.9x1.1x
Mon, 12 Jan 2026NOK 139.1bNOK 142.3bNOK 31.9b4.4x4.4x1x
Wed, 10 Dec 2025NOK 136.6bNOK 142.9bNOK 32.0b4.3x4.3x1x
Fri, 07 Nov 2025NOK 121.7bNOK 144.7bNOK 32.6b4x3.7x0.8x
Sun, 05 Oct 2025NOK 127.9bNOK 140.4bNOK 32.0b4.1x4x0.9x
Tue, 02 Sep 2025NOK 127.5bNOK 141.3bNOK 32.5b4.1x3.9x0.9x
Thu, 31 Jul 2025NOK 138.1bNOK 153.8bNOK 37.0b3.8x3.7x0.9x
Sat, 28 Jun 2025NOK 125.7bNOK 151.4bNOK 36.4b3.5x3.5x0.8x
Mon, 26 May 2025NOK 121.1bNOK 146.0bNOK 33.6b3.3x3.6x0.8x
Wed, 23 Apr 2025NOK 97.3bNOK 150.8bNOK 34.7b2.8x2.8x0.6x
Fri, 21 Mar 2025NOK 118.0bNOK 153.1bNOK 35.0b3.2x3.4x0.8x
Sun, 16 Feb 2025NOK 128.6bNOK 164.2bNOK 37.3b3.2x3.4x0.8x
Tue, 14 Jan 2025NOK 136.4bNOK 169.1bNOK 37.9b3.4x3.6x0.8x
Thu, 12 Dec 2024NOK 135.0bNOK 164.2bNOK 36.7b3.5x3.7x0.8x
Sat, 09 Nov 2024NOK 140.0bNOK 162.9bNOK 36.2b3.7x3.9x0.9x
Mon, 07 Oct 2024NOK 167.4bNOK 156.3bNOK 34.2b4.5x4.9x1.1x
Wed, 04 Sep 2024NOK 149.9bNOK 156.5bNOK 34.2b4.3x4.4x1x
Fri, 02 Aug 2024NOK 162.8bNOK 160.8bNOK 34.4b5.3x4.7x1x
Sun, 30 Jun 2024NOK 174.4bNOK 158.2bNOK 32.8b6.1x5.3x1.1x
Tue, 28 May 2024NOK 173.3bNOK 155.8bNOK 32.5b6x5.3x1.1x
Thu, 25 Apr 2024NOK 162.1bNOK 162.7bNOK 33.0b6.4x4.9x1x
Sat, 23 Mar 2024NOK 139.2bNOK 157.6bNOK 31.8b5.7x4.4x0.9x
Mon, 19 Feb 2024NOK 156.5bNOK 156.1bNOK 32.2b6.4x4.9x1x
Wed, 17 Jan 2024NOK 169.7bNOK 182.0bNOK 32.7b7.3x5.2x0.9x
Fri, 15 Dec 2023NOK 154.4bNOK 181.9bNOK 32.7b5.9x4.7x0.8x
Sun, 12 Nov 2023NOK 157.8bNOK 192.5bNOK 36.6b4.7x4.3x0.8x
Tue, 10 Oct 2023NOK 152.5bNOK 187.7bNOK 33.3b4.5x4.6x0.8x
Thu, 07 Sep 2023NOK 146.7bNOK 188.0bNOK 33.3b4.7x4.4x0.8x
Price to Earnings Ratio

4.4x


Total Market Cap: NOK 146.7bTotal Earnings: NOK 33.3bTotal Revenue: NOK 188.0bTotal 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 7.8x which is higher than its 3-year average PE of 4.5x.
  • The 3-year average PS ratio of 0.96x 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 Market0.0013%
Industrials0.80%
Marine and Shipping-1.70%
Marine-1.70%
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
WWI Wilh. Wilhelmsen HoldingNOK 816.001.6%
+NOK 539.3m		58.4%PE6.8x
SNI Stolt-NielsenNOK 327.001.1%
+NOK 185.9m		0.2%PE8.3x
KCC Klaveness Combination CarriersNOK 106.402.3%
+NOK 142.4m		41.9%PE11.5x
JIN Jinhui Shipping and TransportationNOK 6.620.3%
+NOK 2.2m		5.8%PE11x
PLCAN Pelican Aqua HoldingNOK 13.900.4%
+NOK 2.1m		n/an/a

Latest News

MPCC
NOK 26.72
MPC Container Ships
7D
-0.2%
1Y
48.9%
Analysis Article • Aug 29

Results: MPC Container Ships ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

MPC Container Ships ASA ( OB:MPCC ) defied analyst predictions to release its quarterly results, which were ahead of...
JIN
NOK 6.62
Jinhui Shipping and Transportation
7D
0.3%
1Y
5.8%
HAUTO
NOK 170.40
Höegh Autoliners
7D
-1.8%
1Y
47.7%
KCC
NOK 106.40
Klaveness Combination Carriers
7D
2.3%
1Y
41.9%
ODF
NOK 111.20
Odfjell
7D
-6.2%
1Y
-6.7%
2020
NOK 3.96
2020 Bulkers
7D
-11.3%
1Y
-97.1%
HSHP
NOK 155.20
Himalaya Shipping
7D
-1.1%
1Y
103.9%
WEST
NOK 21.20
Western Bulk Chartering
7D
-2.3%
1Y
52.5%
WAWI
NOK 158.90
Wallenius Wilhelmsen
7D
-4.0%
1Y
69.1%
WWI
NOK 816.00
Wilh. Wilhelmsen Holding
7D
1.6%
1Y
58.4%
SNI
NOK 327.00
Stolt-Nielsen
7D
1.1%
1Y
0.2%
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...
STST
NOK 40.50
Stainless Tankers
7D
-1.2%
1Y
-17.3%