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Norwegian (OSEAX) Materials Sector Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies18
  • 7D0.3%
  • 3M-14.6%
  • 1Y-17.3%
  • YTD-9.6%

Over the last 7 days, the Materials industry has risen 1.3%, driven by gains from Yara International of 4.7%. During this same period, the Vow Green Metals underperformed, falling 43%. In contrast, the industry has lost 15% in the last 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

Has the Norwegian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Apr 2025NOK 235.5bNOK 409.8bNOK 8.4b14.7x28x0.6x
Sun, 16 Mar 2025NOK 273.5bNOK 411.3bNOK 8.4b14.8x32.5x0.7x
Tue, 11 Feb 2025NOK 271.4bNOK 427.9bNOK 2.4b23.7x113.3x0.6x
Thu, 09 Jan 2025NOK 257.5bNOK 433.1bNOK 9.3b17.8x27.6x0.6x
Sat, 07 Dec 2024NOK 272.6bNOK 429.8bNOK 9.1b18.1x29.9x0.6x
Mon, 04 Nov 2024NOK 279.8bNOK 429.2bNOK 9.0b15.5x31x0.7x
Wed, 02 Oct 2024NOK 283.8bNOK 419.1bNOK 4.4b19.3x65x0.7x
Fri, 30 Aug 2024NOK 255.3bNOK 417.4bNOK 4.3b18.9x58.9x0.6x
Sun, 28 Jul 2024NOK 261.4bNOK 425.1bNOK 4.5b17.4x57.7x0.6x
Tue, 25 Jun 2024NOK 269.6bNOK 425.4bNOK 3.3b11.3x81.7x0.6x
Thu, 23 May 2024NOK 281.9bNOK 428.5bNOK 3.2b11.6x87.3x0.7x
Sat, 20 Apr 2024NOK 286.5bNOK 445.5bNOK 4.8b16.6x60x0.6x
Mon, 18 Mar 2024NOK 258.8bNOK 440.0bNOK 6.1b21.1x42.1x0.6x
Wed, 14 Feb 2024NOK 260.6bNOK 438.9bNOK 9.5b18.2x27.6x0.6x
Fri, 12 Jan 2024NOK 279.6bNOK 455.2bNOK 16.0b10.6x17.5x0.6x
Sun, 10 Dec 2023NOK 270.2bNOK 466.3bNOK 16.3b9.5x16.5x0.6x
Tue, 07 Nov 2023NOK 274.7bNOK 468.3bNOK 16.6b11.9x16.5x0.6x
Thu, 05 Oct 2023NOK 290.5bNOK 504.0bNOK 31.5b8.8x9.2x0.6x
Sat, 02 Sep 2023NOK 278.8bNOK 497.9bNOK 31.2b8.9x8.9x0.6x
Mon, 31 Jul 2023NOK 298.0bNOK 487.3bNOK 31.0b10x9.6x0.6x
Wed, 28 Jun 2023NOK 283.8bNOK 540.0bNOK 51.7b5.5x5.5x0.5x
Fri, 26 May 2023NOK 311.0bNOK 543.4bNOK 56.5b5.4x5.5x0.6x
Sun, 23 Apr 2023NOK 348.7bNOK 554.0bNOK 67.3b6.2x5.2x0.6x
Tue, 21 Mar 2023NOK 331.2bNOK 554.6bNOK 66.8b6x5x0.6x
Thu, 16 Feb 2023NOK 348.2bNOK 547.3bNOK 65.4b6.4x5.3x0.6x
Sat, 14 Jan 2023NOK 341.5bNOK 532.7bNOK 65.3b5.7x5.2x0.6x
Mon, 12 Dec 2022NOK 332.0bNOK 534.3bNOK 65.4b5.4x5.1x0.6x
Wed, 09 Nov 2022NOK 326.9bNOK 539.2bNOK 66.2b4.6x4.9x0.6x
Fri, 07 Oct 2022NOK 290.6bNOK 511.5bNOK 53.0b5x5.5x0.6x
Sun, 04 Sep 2022NOK 313.1bNOK 495.4bNOK 51.9b5.3x6x0.6x
Tue, 02 Aug 2022NOK 312.0bNOK 487.1bNOK 51.1b5.2x6.1x0.6x
Thu, 30 Jun 2022NOK 303.6bNOK 432.2bNOK 37.5b8.2x8.1x0.7x
Sat, 28 May 2022NOK 353.4bNOK 424.2bNOK 37.0b9.5x9.6x0.8x
Mon, 25 Apr 2022NOK 370.6bNOK 365.8bNOK 21.9b19.7x16.9x1x
Price to Earnings Ratio

16.9x


Total Market Cap: NOK 370.6bTotal Earnings: NOK 21.9bTotal Revenue: NOK 365.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 24.9x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 28.2x which is higher than its 3-year average PE of 24.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Norwegian Materials sector?

NO Market3.13%
Materials0.26%
Packaging6.95%
Basic Materials2.97%
Chemicals1.52%
Metals and Mining-1.58%
Paper and Forestry Products-2.48%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 15.3x.
    • Analysts are expecting annual earnings growth of 33.3%, which is higher than its past year's earnings decline of 5.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 96% over the next 5 years.
  • In contrast, the Packaging industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
YAR Yara InternationalNOK 311.602.2%
+NOK 1.7b
-7.9%PE540.8x
ELO ElopakNOK 39.256.9%
+NOK 685.1m
15.4%PE14.7x
ELK ElkemNOK 18.593.7%
+NOK 424.9m
-5.3%PE5.8x
NOM Nordic MiningNOK 21.2012.2%
+NOK 249.3m
1.9%PB1.6x
RANA Rana GruberNOK 69.401.9%
+NOK 48.2m
-13.4%PE6.9x
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Latest News

NSKOG

NOK 18.10

Norske Skog

7D

-2.5%

1Y

-48.6%

YAR

NOK 311.60

Yara International

7D

2.2%

1Y

-7.9%

NHY

NOK 52.84

Norsk Hydro

7D

-1.9%

1Y

-25.7%

TEKNA

NOK 5.84

Tekna Holding

7D

5.0%

1Y

6.2%

ELK

NOK 18.59

Elkem

7D

3.7%

1Y

-5.3%

VGM

NOK 0.56

Vow Green Metals

7D

-22.2%

1Y

-66.1%

ABTEC

NOK 0.74

Aqua Bio Technology

7D

-18.7%

1Y

-85.1%

NOM

NOK 21.20

Nordic Mining

7D

12.2%

1Y

1.9%

ELO

NOK 39.25

Elopak

7D

6.9%

1Y

15.4%

BRG

NOK 165.80

Borregaard

7D

-3.3%

1Y

-13.3%

DSRT

NOK 6.68

Desert Control

7D

7.1%

1Y

15.2%

MVW

NOK 10.35

M Vest Water

7D

14.2%

1Y

21.8%

GEM

NOK 2.60

Green Minerals

7D

-3.0%

1Y

-55.0%