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Norwegian (OSEAX) Materials Sector Analysis

UpdatedDec 06, 2023
DataAggregated Company Financials
Companies20
  • 7D-1.9%
  • 3M-5.1%
  • 1Y-20.8%
  • YTD-19.0%

Over the last 7 days, the Materials industry has dropped 1.9%, driven by a pullback from Norsk Hydro of 3.6%. On the other hand BEWi is actually up 12%. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 35% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Dec 2023kr269.7bkr466.8bkr16.4b9.3x16.5x0.6x
Fri, 03 Nov 2023kr272.9bkr470.5bkr16.7b11.6x16.3x0.6x
Sun, 01 Oct 2023kr295.0bkr497.9bkr31.2b9.3x9.5x0.6x
Tue, 29 Aug 2023kr271.2bkr498.9bkr31.3b8.8x8.7x0.5x
Thu, 27 Jul 2023kr292.0bkr485.8bkr30.9b9.8x9.5x0.6x
Sat, 24 Jun 2023kr281.5bkr543.3bkr52.0b5.5x5.4x0.5x
Mon, 22 May 2023kr315.4bkr541.3bkr56.4b5.5x5.6x0.6x
Wed, 19 Apr 2023kr353.5bkr551.3bkr67.0b6.2x5.3x0.6x
Fri, 17 Mar 2023kr330.2bkr556.9bkr67.1b6x4.9x0.6x
Sun, 12 Feb 2023kr351.7bkr542.9bkr72.2b5.3x4.9x0.6x
Tue, 10 Jan 2023kr341.3bkr532.0bkr65.2b5.8x5.2x0.6x
Thu, 08 Dec 2022kr327.9bkr536.0bkr65.6b5.3x5x0.6x
Sat, 05 Nov 2022kr328.2bkr540.1bkr66.3b4.6x5x0.6x
Mon, 03 Oct 2022kr281.5bkr516.5bkr53.3b4.8x5.3x0.5x
Wed, 31 Aug 2022kr318.7bkr491.5bkr51.7b5.6x6.2x0.6x
Fri, 29 Jul 2022kr302.7bkr492.1bkr51.4b5x5.9x0.6x
Sun, 26 Jun 2022kr299.6bkr432.1bkr37.5b8x8x0.7x
Tue, 24 May 2022kr351.9bkr426.6bkr37.1b9.6x9.5x0.8x
Thu, 21 Apr 2022kr383.4bkr363.5bkr21.9b20x17.5x1.1x
Sat, 19 Mar 2022kr355.7bkr363.2bkr21.9b18.6x16.3x1x
Mon, 14 Feb 2022kr354.3bkr370.9bkr19.6b28.9x18.1x1x
Wed, 12 Jan 2022kr338.3bkr347.5bkr18.0b20.2x18.7x1x
Fri, 10 Dec 2021kr320.3bkr351.0bkr18.2b19.5x17.6x0.9x
Sun, 07 Nov 2021kr321.7bkr343.9bkr17.9b15.8x18x0.9x
Tue, 05 Oct 2021kr327.0bkr318.0bkr19.8b16.7x16.5x1x
Thu, 02 Sep 2021kr318.4bkr318.7bkr19.9b14.5x16x1x
Sat, 31 Jul 2021kr314.9bkr318.7bkr19.9b13.5x15.9x1x
Tue, 04 May 2021kr284.4bkr287.4bkr12.6b16.7x22.6x1x
Fri, 05 Feb 2021kr221.2bkr282.1bkr6.7b26.8x32.8x0.8x
Price to Earnings Ratio

31.7x


Total Market Cap: kr213.2bTotal Earnings: kr6.7bTotal Revenue: kr282.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 13.6x20222023
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 16.5x which is higher than its 3-year average PE of 13.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Materials sector?

NO Market-0.88%
Materials-1.86%
Paper and Forestry Products3.38%
Packaging1.14%
Chemicals-0.75%
Basic Materials-1.79%
Metals and Mining-3.23%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 13.6x.
    • Analysts expect its future annual earnings growth (33.6%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 51% over the next 5 years.
  • In contrast, the Packaging industry is expected to see its earnings grow by 2.4% 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
BEWI BEWikr21.2011.9%
+kr433.3m
-53.6%PS0.3x
NOM Nordic Miningkr0.8714.5%
+kr238.5m
-56.1%PB1.2x
NSKOG Norske Skogkr41.043.4%
+kr113.7m
-33.3%PE3.3x
RANA Rana Gruberkr79.603.0%
+kr85.3m
74.6%PE5.2x
ELO Elopakkr26.701.1%
+kr80.7m
10.3%PE9.3x
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Latest News

GEM

kr8.76

Green Minerals

7D

151.0%

1Y

-2.7%

ELO

kr26.70

Elopak

7D

1.1%

1Y

10.3%

BEWI

kr21.20

BEWi

7D

11.9%

1Y

-53.6%

NSKOG

kr41.04

Norske Skog

7D

3.4%

1Y

-33.3%

YAR

kr359.50

Yara International

7D

-1.0%

1Y

-20.5%

BRG

kr170.40

Borregaard

7D

-0.4%

1Y

6.4%

CIRCA

kr3.53

Circa Group

7D

-1.9%

1Y

-44.8%

DSRT

kr6.66

Desert Control

7D

5.5%

1Y

-60.7%

RANA

kr79.60

Rana Gruber

7D

3.0%

1Y

74.6%

ELK

kr17.16

Elkem

7D

-2.5%

1Y

-51.1%

TEKNA

kr7.90

Tekna Holding

7D

3.4%

1Y

29.5%

ABTEC

kr2.90

Aqua Bio Technology

7D

-11.0%

1Y

-56.1%