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Norwegian (OSEAX) Materials Sector Analysis

UpdatedFeb 06, 2025
DataAggregated Company Financials
Companies18
  • 7D-0.9%
  • 3M-2.5%
  • 1Y5.5%
  • YTD5.4%

The Materials is pretty flat in the last 7 days, but Norske Skog has stood out, gaining 26%. The past year has been better, since the industry has gained 4.4% in that time. Earnings are forecast to grow by 36% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Feb 2025NOK 275.8bNOK 430.5bNOK 9.2b17.1x29.8x0.6x
Sat, 04 Jan 2025NOK 258.7bNOK 432.7bNOK 9.3b18.6x27.7x0.6x
Mon, 02 Dec 2024NOK 270.5bNOK 427.9bNOK 9.1b17.4x29.9x0.6x
Wed, 30 Oct 2024NOK 281.9bNOK 427.3bNOK 9.0b14.8x31.3x0.7x
Fri, 27 Sep 2024NOK 276.9bNOK 418.1bNOK 4.3b19x63.7x0.7x
Sun, 25 Aug 2024NOK 255.9bNOK 416.7bNOK 4.3b18.4x59.5x0.6x
Tue, 23 Jul 2024NOK 269.5bNOK 427.0bNOK 7.6b17.6x35.5x0.6x
Thu, 20 Jun 2024NOK 262.7bNOK 425.8bNOK 3.3b11.6x79.6x0.6x
Sat, 18 May 2024NOK 276.9bNOK 429.5bNOK 3.4b11.6x82.4x0.6x
Mon, 15 Apr 2024NOK 289.2bNOK 444.6bNOK 6.1b22.4x47x0.7x
Wed, 13 Mar 2024NOK 255.2bNOK 438.3bNOK 6.1b21.3x41.6x0.6x
Fri, 09 Feb 2024NOK 260.1bNOK 459.5bNOK 15.0b14.4x17.3x0.6x
Sun, 07 Jan 2024NOK 280.4bNOK 454.9bNOK 16.0b10.6x17.5x0.6x
Tue, 05 Dec 2023NOK 272.7bNOK 465.2bNOK 16.3b9.4x16.7x0.6x
Thu, 02 Nov 2023NOK 269.4bNOK 471.6bNOK 16.7b11.5x16.2x0.6x
Sat, 30 Sep 2023NOK 294.9bNOK 497.1bNOK 31.2b9.3x9.5x0.6x
Mon, 28 Aug 2023NOK 270.2bNOK 498.1bNOK 31.3b8.8x8.6x0.5x
Wed, 26 Jul 2023NOK 297.1bNOK 485.3bNOK 30.8b10x9.6x0.6x
Fri, 23 Jun 2023NOK 286.0bNOK 537.8bNOK 51.5b5.7x5.6x0.5x
Sun, 21 May 2023NOK 315.4bNOK 541.3bNOK 56.4b5.5x5.6x0.6x
Tue, 18 Apr 2023NOK 350.5bNOK 551.4bNOK 67.0b6.2x5.2x0.6x
Thu, 16 Mar 2023NOK 331.7bNOK 556.8bNOK 67.1b5.9x4.9x0.6x
Sat, 11 Feb 2023NOK 351.7bNOK 543.4bNOK 72.2b5.3x4.9x0.6x
Mon, 09 Jan 2023NOK 333.9bNOK 535.5bNOK 65.5b5.7x5.1x0.6x
Wed, 07 Dec 2022NOK 336.8bNOK 534.5bNOK 65.4b5.6x5.1x0.6x
Fri, 04 Nov 2022NOK 319.8bNOK 542.6bNOK 66.5b4.4x4.8x0.6x
Sun, 02 Oct 2022NOK 281.5bNOK 516.5bNOK 53.3b4.8x5.3x0.5x
Tue, 30 Aug 2022NOK 325.5bNOK 490.6bNOK 51.6b5.7x6.3x0.7x
Thu, 28 Jul 2022NOK 302.7bNOK 492.1bNOK 51.4b5x5.9x0.6x
Sat, 25 Jun 2022NOK 299.6bNOK 432.1bNOK 37.5b8x8x0.7x
Mon, 23 May 2022NOK 346.3bNOK 429.9bNOK 37.4b9.3x9.3x0.8x
Wed, 20 Apr 2022NOK 387.3bNOK 363.9bNOK 21.9b20x17.7x1.1x
Fri, 18 Mar 2022NOK 357.8bNOK 364.0bNOK 21.9b18.7x16.3x1x
Sun, 13 Feb 2022NOK 354.3bNOK 371.0bNOK 19.7b28.9x18x1x
Price to Earnings Ratio

18x


Total Market Cap: NOK 354.3bTotal Earnings: NOK 19.7bTotal Revenue: NOK 371.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 23.6x202320242025
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 29.6x which is higher than its 3-year average PE of 23.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% 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 Market-0.75%
Materials-0.92%
Paper and Forestry Products26.08%
Basic Materials-0.10%
Metals and Mining-0.38%
Chemicals-1.19%
Packaging-8.17%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 35.4x.
    • Analysts are expecting annual earnings growth of 47.7%, which is higher than its past year's earnings decline of 46.4% per year.
  • Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 9.9% 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
NHY Norsk HydroNOK 68.581.2%
+NOK 1.6b		15.6%PE101.1x
NSKOG Norske SkogNOK 23.3823.6%
+NOK 378.4m		-37.5%PE8.1x
BEWI BEWiNOK 29.004.5%
+NOK 239.7m		30.0%PS0.5x
TEKNA Tekna HoldingNOK 4.506.1%
+NOK 33.1m		-43.8%PS1.9x
BOR BorgestadNOK 18.000.6%
+NOK 3.5m		51.0%PE20.5x
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1Y

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1Y

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1Y

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ELO

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1Y

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1Y

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NOK 4.50

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1Y

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VGM

NOK 1.18

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7D

-12.3%

1Y

-40.1%

YAR

NOK 334.00

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7D

-3.2%

1Y

-3.0%

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BEWI

NOK 29.00

BEWi

7D

4.5%

1Y

30.0%

MVW

NOK 9.80

M Vest Water

7D

-3.0%

1Y

12.9%

NOM

NOK 21.43

Nordic Mining

7D

-2.6%

1Y

43.8%

BOR

NOK 18.00

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7D

0.6%

1Y

51.0%

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