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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies19
  • 7D-4.4%
  • 3M10.5%
  • 1Y38.1%
  • YTD17.6%

Over the last 7 days, the Marine and Shipping industry has dropped 4.4%, driven by a pullback from Wallenius Wilhelmsen of 9.4%. In the past year, the industry has gained 38%. Earnings are forecast to grow by 1.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Jun 2024kr157.6bkr158.2bkr32.8b5.4x4.8x1x
Mon, 13 May 2024kr178.0bkr160.7bkr33.4b6.1x5.3x1.1x
Wed, 10 Apr 2024kr148.0bkr158.1bkr32.0b5.6x4.6x0.9x
Fri, 08 Mar 2024kr137.6bkr152.4bkr30.7b6.2x4.5x0.9x
Sun, 04 Feb 2024kr180.1bkr183.7bkr33.1b7.2x5.4x1x
Tue, 02 Jan 2024kr159.1bkr177.3bkr31.8b6.8x5x0.9x
Thu, 30 Nov 2023kr157.7bkr185.1bkr35.3b5.7x4.5x0.9x
Sat, 28 Oct 2023kr159.0bkr193.9bkr35.1b4.5x4.5x0.8x
Mon, 25 Sep 2023kr151.7bkr187.8bkr33.1b5x4.6x0.8x
Wed, 23 Aug 2023kr145.2bkr185.8bkr32.8b4.7x4.4x0.8x
Fri, 21 Jul 2023kr134.2bkr180.1bkr26.3b4.8x5.1x0.7x
Sun, 18 Jun 2023kr140.0bkr187.3bkr28.0b4.8x5x0.7x
Tue, 16 May 2023kr137.8bkr186.3bkr28.3b4.3x4.9x0.7x
Thu, 13 Apr 2023kr139.8bkr183.1bkr27.8b5x5x0.8x
Sat, 11 Mar 2023kr146.8bkr184.7bkr28.0b5.3x5.2x0.8x
Mon, 06 Feb 2023kr139.9bkr177.0bkr27.0b5.8x5.2x0.8x
Wed, 04 Jan 2023kr140.8bkr172.8bkr26.0b6.4x5.4x0.8x
Fri, 02 Dec 2022kr135.9bkr167.1bkr24.8b6.4x5.5x0.8x
Sun, 30 Oct 2022kr124.6bkr172.3bkr22.8b5.9x5.5x0.7x
Tue, 27 Sep 2022kr107.2bkr172.5bkr20.9b5.5x5.1x0.6x
Thu, 25 Aug 2022kr119.4bkr157.8bkr19.0b8.3x6.3x0.8x
Sat, 23 Jul 2022kr120.4bkr154.0bkr18.4b6.1x6.5x0.8x
Mon, 20 Jun 2022kr116.1bkr153.1bkr18.0b7.8x6.4x0.8x
Wed, 18 May 2022kr118.6bkr144.9bkr15.9b6.9x7.5x0.8x
Fri, 15 Apr 2022kr112.3bkr126.5bkr10.8b7.7x10.4x0.9x
Sun, 13 Mar 2022kr117.7bkr130.1bkr11.5b7x10.2x0.9x
Tue, 08 Feb 2022kr112.9bkr103.2bkr7.7b9.7x14.7x1.1x
Thu, 06 Jan 2022kr104.0bkr102.2bkr7.3b8.8x14.3x1x
Sat, 04 Dec 2021kr88.6bkr98.2bkr7.7b7.2x11.5x0.9x
Mon, 01 Nov 2021kr90.1bkr87.7bkr5.0b9.9x18x1x
Wed, 29 Sep 2021kr83.4bkr88.4bkr4.9b12x16.9x0.9x
Fri, 27 Aug 2021kr83.3bkr84.9bkr4.5b10.7x18.6x1x
Sat, 03 Jul 2021kr76.6bkr84.9bkr4.5b9.4x17.1x0.9x
Price to Earnings Ratio

17.1x


Total Market Cap: kr76.6bTotal Earnings: kr4.5bTotal Revenue: kr84.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 8x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Shipping 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 4.8x which is lower than its 3-year average PE of 8.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 94% per year over the last three years.
  • Revenues for these companies have grown 23% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NO Market-2.15%
Industrials-4.21%
Marine and Shipping-4.39%
Marine-4.39%
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
SNI Stolt-Nielsenkr476.001.6%
+kr401.4m
77.3%PE7.9x
KCC Klaveness Combination Carrierskr103.403.7%
+kr223.6m
49.4%PE6.9x
WEST Western Bulk Charteringkr27.503.0%
+kr26.9m
-17.7%PS0.08x
GCC Gram Car Carrierskr259.500.2%
+kr14.5m
49.0%PE6.3x
STST Stainless Tankerskr65.001.2%
+kr10.8m
27.5%n/a
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Latest News

WWI

kr356.50

Wilh. Wilhelmsen Holding

7D

-6.3%

1Y

25.3%

WEST

kr27.50

Western Bulk Chartering

7D

3.0%

1Y

-17.7%

MPCC

kr19.96

MPC Container Ships

7D

-10.7%

1Y

-1.5%

HSHP

kr91.00

Himalaya Shipping

7D

-4.0%

1Y

48.7%

SNI

kr476.00

Stolt-Nielsen

7D

1.6%

1Y

77.3%

BELCO

kr22.70

Belships

7D

-0.9%

1Y

29.9%

ODF

kr163.20

Odfjell

7D

-1.9%

1Y

70.0%

STST

kr65.00

Stainless Tankers

7D

1.2%

1Y

27.5%

KCC

kr103.40

Klaveness Combination Carriers

7D

3.7%

1Y

49.4%

EWIND

kr23.00

Edda Wind

7D

-3.8%

1Y

0%

GCC

kr259.50

Gram Car Carriers

7D

0.2%

1Y

49.0%