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Norwegian (OSEAX) Marine and Shipping Industry Analysis

UpdatedAug 16, 2024
DataAggregated Company Financials
Companies17
  • 7D9.1%
  • 3M-4.1%
  • 1Y41.0%
  • YTD24.6%

The Marine and Shipping industry is up 9.1% in the last week, with Wallenius Wilhelmsen up 18%. This takes the industry's 12 month performance to a gain of 41%. In the next few years, earnings are forecast to decline by 2.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Aug 2024NOK 160.1bNOK 156.3bNOK 33.4b5.1x4.8x1x
Mon, 15 Jul 2024NOK 162.0bNOK 157.5bNOK 33.4b5.5x4.8x1x
Wed, 12 Jun 2024NOK 161.6bNOK 158.5bNOK 32.8b5.4x4.9x1x
Fri, 10 May 2024NOK 174.3bNOK 161.8bNOK 33.3b6.1x5.2x1.1x
Sun, 07 Apr 2024NOK 146.6bNOK 157.2bNOK 31.7b5.9x4.6x0.9x
Tue, 05 Mar 2024NOK 149.9bNOK 154.8bNOK 31.2b6.3x4.8x1x
Thu, 01 Feb 2024NOK 178.5bNOK 182.6bNOK 32.8b7.3x5.4x1x
Sat, 30 Dec 2023NOK 159.1bNOK 176.8bNOK 31.7b6.8x5x0.9x
Mon, 27 Nov 2023NOK 161.9bNOK 185.8bNOK 35.4b5.8x4.6x0.9x
Wed, 25 Oct 2023NOK 154.0bNOK 192.6bNOK 34.3b4.5x4.5x0.8x
Fri, 22 Sep 2023NOK 151.8bNOK 188.1bNOK 33.1b4.9x4.6x0.8x
Sun, 20 Aug 2023NOK 145.2bNOK 186.4bNOK 32.1b4.6x4.5x0.8x
Tue, 18 Jul 2023NOK 134.4bNOK 179.1bNOK 26.1b4.8x5.1x0.8x
Thu, 15 Jun 2023NOK 139.8bNOK 187.0bNOK 28.0b4.9x5x0.7x
Sat, 13 May 2023NOK 139.4bNOK 187.6bNOK 28.5b4.2x4.9x0.7x
Mon, 10 Apr 2023NOK 135.7bNOK 183.9bNOK 27.9b4.9x4.9x0.7x
Wed, 08 Mar 2023NOK 146.1bNOK 185.7bNOK 28.2b5x5.2x0.8x
Fri, 03 Feb 2023NOK 139.9bNOK 172.3bNOK 25.9b6.5x5.4x0.8x
Sun, 01 Jan 2023NOK 142.0bNOK 168.6bNOK 25.4b6.7x5.6x0.8x
Tue, 29 Nov 2022NOK 132.3bNOK 170.6bNOK 25.6b5.9x5.2x0.8x
Thu, 27 Oct 2022NOK 121.0bNOK 169.7bNOK 21.6b6x5.6x0.7x
Sat, 24 Sep 2022NOK 107.4bNOK 170.0bNOK 20.6b5.6x5.2x0.6x
Mon, 22 Aug 2022NOK 120.5bNOK 154.2bNOK 18.7b9.2x6.5x0.8x
Wed, 20 Jul 2022NOK 114.8bNOK 156.5bNOK 18.7b5.9x6.1x0.7x
Fri, 17 Jun 2022NOK 112.8bNOK 152.9bNOK 18.0b7.6x6.3x0.7x
Sun, 15 May 2022NOK 117.0bNOK 146.1bNOK 15.9b6.8x7.4x0.8x
Tue, 12 Apr 2022NOK 114.3bNOK 126.7bNOK 10.8b7.7x10.6x0.9x
Thu, 10 Mar 2022NOK 115.4bNOK 129.0bNOK 11.4b7.3x10.1x0.9x
Sat, 05 Feb 2022NOK 112.8bNOK 103.2bNOK 7.7b9.6x14.7x1.1x
Mon, 03 Jan 2022NOK 100.8bNOK 102.2bNOK 7.3b9.6x13.8x1x
Wed, 01 Dec 2021NOK 87.2bNOK 97.6bNOK 7.6b7.2x11.4x0.9x
Fri, 29 Oct 2021NOK 89.9bNOK 86.3bNOK 4.8b10x18.8x1x
Sun, 26 Sep 2021NOK 83.1bNOK 88.0bNOK 4.9b11.9x17x0.9x
Tue, 24 Aug 2021NOK 83.5bNOK 84.9bNOK 4.5b10.6x18.7x1x
Price to Earnings Ratio

18.7x


Total Market Cap: NOK 83.5bTotal Earnings: NOK 4.5bTotal Revenue: NOK 84.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Marine and Shipping Industry Price to Earnings3Y Average 7.4x202220232024
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 7.4x.
  • The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have grown 95% 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 Market2.34%
Industrials3.85%
Marine and Shipping9.06%
Marine9.06%
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 108.6010.6%
+NOK 4.4b		35.8%PE4.9x
HAUTO Höegh AutolinersNOK 127.609.6%
+NOK 2.1b		76.5%PE3.6x
WWI Wilh. Wilhelmsen HoldingNOK 394.005.3%
+NOK 710.5m		37.3%PE3.5x
ODF OdfjellNOK 160.802.2%
+NOK 268.7m		67.5%PE5.3x
SNI Stolt-NielsenNOK 419.501.1%
+NOK 240.9m		65.8%PE5.4x
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Latest News

HAUTO

NOK 127.60

Höegh Autoliners

7D

9.6%

1Y

76.5%

WWI

NOK 394.00

Wilh. Wilhelmsen Holding

7D

5.3%

1Y

37.3%

2020

NOK 141.00

2020 Bulkers

7D

-2.7%

1Y

47.4%

WAWI

NOK 108.60

Wallenius Wilhelmsen

7D

10.6%

1Y

35.8%

Results: Wallenius Wilhelmsen ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 15
Results: Wallenius Wilhelmsen ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

STST

NOK 64.80

Stainless Tankers

7D

-0.6%

1Y

30.9%

HSHP

NOK 80.60

Himalaya Shipping

7D

-2.1%

1Y

38.0%

JIN

NOK 6.30

Jinhui Shipping and Transportation

7D

0.6%

1Y

-2.9%

Is Jinhui Shipping and Transportation (OB:JIN) A Risky Investment?

Aug 07
Is Jinhui Shipping and Transportation (OB:JIN) A Risky Investment?

KCC

NOK 100.00

Klaveness Combination Carriers

7D

1.6%

1Y

42.5%

Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?

Aug 06
Does Klaveness Combination Carriers (OB:KCC) Have A Healthy Balance Sheet?

SNI

NOK 419.50

Stolt-Nielsen

7D

1.1%

1Y

65.8%

Stolt-Nielsen (OB:SNI) Shareholders Will Want The ROCE Trajectory To Continue

Aug 03
Stolt-Nielsen (OB:SNI) Shareholders Will Want The ROCE Trajectory To Continue

ODF

NOK 160.80

Odfjell

7D

2.2%

1Y

67.5%

If EPS Growth Is Important To You, Odfjell (OB:ODF) Presents An Opportunity

Jul 31
If EPS Growth Is Important To You, Odfjell (OB:ODF) Presents An Opportunity

AMSC

NOK 29.55

AMSC

7D

-3.7%

1Y

-30.2%

MPCC

NOK 22.12

MPC Container Ships

7D

-2.3%

1Y

10.5%

What Does MPC Container Ships ASA's (OB:MPCC) Share Price Indicate?

Jul 12
What Does MPC Container Ships ASA's (OB:MPCC) Share Price Indicate?

EWIND

NOK 22.00

Edda Wind

7D

-3.5%

1Y

-9.1%

WEST

NOK 25.50

Western Bulk Chartering

7D

-5.6%

1Y

-7.9%

BELCO

NOK 20.85

Belships

7D

-2.3%

1Y

21.1%