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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedSep 25, 2024
DataAggregated Company Financials
Companies16
  • 7D3.2%
  • 3M5.8%
  • 1Y44.2%
  • YTD33.9%

The Marine and Shipping industry is up 3.2% in the last week, with Wallenius Wilhelmsen up 8.4%. In the last 12 months, the industry was up 44%. Looking forward, earnings are forecast to decline by 3.6% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Sep 2024NOK 171.7bNOK 152.3bNOK 33.3b4.6x5.2x1.1x
Fri, 23 Aug 2024NOK 154.4bNOK 156.0bNOK 34.0b4.6x4.5x1x
Sun, 21 Jul 2024NOK 161.0bNOK 160.4bNOK 34.3b5.5x4.7x1x
Tue, 18 Jun 2024NOK 159.8bNOK 158.0bNOK 32.7b5.3x4.9x1x
Thu, 16 May 2024NOK 174.9bNOK 158.2bNOK 32.9b6.1x5.3x1.1x
Sat, 13 Apr 2024NOK 151.8bNOK 161.5bNOK 32.8b5.7x4.6x0.9x
Mon, 11 Mar 2024NOK 139.9bNOK 152.9bNOK 30.8b6.1x4.5x0.9x
Wed, 07 Feb 2024NOK 157.7bNOK 159.0bNOK 31.7b7.1x5x1x
Fri, 05 Jan 2024NOK 166.9bNOK 179.4bNOK 32.2b7x5.2x0.9x
Sun, 03 Dec 2023NOK 160.7bNOK 185.0bNOK 35.2b5.9x4.6x0.9x
Tue, 31 Oct 2023NOK 158.7bNOK 193.3bNOK 34.9b4.6x4.5x0.8x
Thu, 28 Sep 2023NOK 151.6bNOK 187.5bNOK 33.0b5x4.6x0.8x
Sat, 26 Aug 2023NOK 143.7bNOK 188.0bNOK 33.5b4.6x4.3x0.8x
Mon, 24 Jul 2023NOK 134.0bNOK 179.8bNOK 26.2b4.8x5.1x0.7x
Wed, 21 Jun 2023NOK 137.1bNOK 189.7bNOK 28.4b4.6x4.8x0.7x
Fri, 19 May 2023NOK 136.1bNOK 191.7bNOK 29.9b4.1x4.6x0.7x
Sun, 16 Apr 2023NOK 142.7bNOK 181.9bNOK 27.6b5.2x5.2x0.8x
Tue, 14 Mar 2023NOK 139.7bNOK 184.0bNOK 27.9b5.1x5x0.8x
Thu, 09 Feb 2023NOK 140.9bNOK 178.5bNOK 27.2b5.9x5.2x0.8x
Sat, 07 Jan 2023NOK 138.4bNOK 172.4bNOK 25.9b6.1x5.3x0.8x
Mon, 05 Dec 2022NOK 133.1bNOK 167.8bNOK 24.9b6.3x5.3x0.8x
Wed, 02 Nov 2022NOK 129.3bNOK 172.5bNOK 22.9b5.9x5.7x0.7x
Fri, 30 Sep 2022NOK 104.5bNOK 172.2bNOK 20.9b5.6x5x0.6x
Sun, 28 Aug 2022NOK 116.7bNOK 158.3bNOK 19.3b6.6x6.1x0.7x
Tue, 26 Jul 2022NOK 120.2bNOK 152.1bNOK 18.2b6.2x6.6x0.8x
Thu, 23 Jun 2022NOK 113.8bNOK 151.2bNOK 17.8b7.9x6.4x0.8x
Sat, 21 May 2022NOK 123.7bNOK 147.1bNOK 17.2b6.6x7.2x0.8x
Mon, 18 Apr 2022NOK 112.3bNOK 126.7bNOK 10.8b7.7x10.4x0.9x
Wed, 16 Mar 2022NOK 117.5bNOK 130.6bNOK 11.5b7x10.2x0.9x
Fri, 11 Feb 2022NOK 121.5bNOK 103.3bNOK 7.8b10.4x15.6x1.2x
Sun, 09 Jan 2022NOK 105.7bNOK 102.7bNOK 7.3b8.1x14.4x1x
Tue, 07 Dec 2021NOK 87.6bNOK 97.6bNOK 7.6b7.1x11.5x0.9x
Thu, 04 Nov 2021NOK 91.1bNOK 88.3bNOK 5.3b9.5x17.1x1x
Sat, 02 Oct 2021NOK 83.9bNOK 88.3bNOK 4.9b12.2x17.1x0.9x
Price to Earnings Ratio

17.1x


Total Market Cap: NOK 83.9bTotal Earnings: NOK 4.9bTotal Revenue: NOK 88.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 6.9x202220232024
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 5.2x which is lower than its 3-year average PE of 6.9x.
  • The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 89% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market0.63%
Industrials1.42%
Marine and Shipping3.19%
Marine3.19%
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 138.808.4%
+NOK 4.5b		60.6%PE6.2x
WWI Wilh. Wilhelmsen HoldingNOK 449.502.7%
+NOK 525.0m		42.9%PE3.8x
BELCO BelshipsNOK 21.059.4%
+NOK 457.5m		15.8%PE8.1x
HAUTO Höegh AutolinersNOK 139.000.9%
+NOK 228.9m		76.8%PE4.1x
2020 2020 BulkersNOK 145.505.5%
+NOK 173.8m		52.1%PE4x
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Latest News

BELCO

NOK 21.05

Belships

7D

9.4%

1Y

15.8%

KCC

NOK 92.40

Klaveness Combination Carriers

7D

2.1%

1Y

35.1%

HAUTO

NOK 139.00

Höegh Autoliners

7D

0.9%

1Y

76.8%

WAWI

NOK 138.80

Wallenius Wilhelmsen

7D

8.4%

1Y

60.6%

STSU

NOK 1.19

Standard Supply

7D

-0.5%

1Y

-77.9%

MPCC

NOK 22.11

MPC Container Ships

7D

-0.9%

1Y

26.7%

2020

NOK 145.50

2020 Bulkers

7D

5.5%

1Y

52.1%

HSHP

NOK 87.80

Himalaya Shipping

7D

4.4%

1Y

70.2%

WWI

NOK 449.50

Wilh. Wilhelmsen Holding

7D

2.7%

1Y

42.9%

ODF

NOK 143.20

Odfjell

7D

-2.3%

1Y

50.4%

SNI

NOK 390.00

Stolt-Nielsen

7D

-2.3%

1Y

28.1%

Lacklustre Performance Is Driving Stolt-Nielsen Limited's (OB:SNI) Low P/E

Aug 23
Lacklustre Performance Is Driving Stolt-Nielsen Limited's (OB:SNI) Low P/E

WEST

NOK 22.50

Western Bulk Chartering

7D

-1.3%

1Y

-16.7%

STST

NOK 63.60

Stainless Tankers

7D

2.9%

1Y

30.5%

AMSC

NOK 27.85

AMSC

7D

-3.3%

1Y

-31.4%