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Norwegian (OSEAX) Materials Sector Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies21
  • 7D-1.7%
  • 3M7.5%
  • 1Y4.2%
  • YTD-4.6%

Over the last 7 days, the Materials industry has dropped 1.7%, driven by a pullback from Yara International of 3.7%. This takes the industry's 12 month performance to a gain of 4.2%. As for the next few years, earnings are forecast to decline by 25% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022kr331.9bkr530.2bkr65.1b5.7x5.1x0.6x
Wed, 02 Nov 2022kr322.7bkr542.3bkr66.5b4.4x4.9x0.6x
Fri, 30 Sep 2022kr277.6bkr513.4bkr53.1b4.7x5.2x0.5x
Sun, 28 Aug 2022kr326.1bkr489.6bkr51.5b5.8x6.3x0.7x
Tue, 26 Jul 2022kr302.1bkr492.7bkr51.4b5x5.9x0.6x
Thu, 23 Jun 2022kr303.9bkr432.6bkr37.5b8.3x8.1x0.7x
Sat, 21 May 2022kr347.1bkr429.1bkr37.5b9.3x9.3x0.8x
Mon, 18 Apr 2022kr389.4bkr363.6bkr21.9b20.1x17.8x1.1x
Wed, 16 Mar 2022kr337.9bkr367.9bkr22.0b18.4x15.3x0.9x
Fri, 11 Feb 2022kr347.6bkr370.7bkr19.8b28x17.6x0.9x
Sun, 09 Jan 2022kr340.1bkr348.5bkr18.1b20x18.8x1x
Tue, 07 Dec 2021kr310.2bkr352.7bkr18.3b18.8x17x0.9x
Thu, 04 Nov 2021kr325.6bkr342.7bkr17.8b15.2x18.3x1x
Sat, 02 Oct 2021kr322.3bkr318.8bkr19.9b16.4x16.2x1x
Mon, 30 Aug 2021kr316.8bkr318.7bkr19.9b14.3x16x1x
Tue, 06 Jul 2021kr300.2bkr318.7bkr19.9b12.9x15.1x0.9x
Fri, 09 Apr 2021kr289.3bkr287.4bkr12.6b16.5x23.1x1x
Thu, 31 Dec 2020kr213.2bkr282.1bkr6.7b24.1x31.7x0.8x
Sun, 04 Oct 2020kr180.4bkr278.6bkr2.5b20.2x73.1x0.6x
Wed, 08 Jul 2020kr170.1bkr286.9bkr288.9m24.8x588.8x0.6x
Tue, 31 Mar 2020kr155.5bkr316.5bkr3.1b17.3x50.9x0.5x
Fri, 03 Jan 2020kr193.8bkr303.6bkr6.6b18.8x29.3x0.6x
Price to Earnings Ratio

29.3x


Total Market Cap: kr193.8bTotal Earnings: kr6.6bTotal Revenue: kr303.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 72.1x20212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Materials 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 5.1x which is lower than its 3-year average PE of 72.2x.
  • 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 114% 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 Materials sector?

NO Market-0.70%
Materials-1.67%
Metals and Mining-0.77%
Paper and Forestry Products-1.32%
Packaging-1.82%
Chemicals-2.47%
Basic Materials-3.45%
Industry PE
  • Investors are most optimistic about the Packaging industry even though it's trading below its 3-year average PE ratio of 37.7x.
    • Analysts are expecting annual earnings growth of 43.5%, which is higher than its past year's earnings decline of 27.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 100% over the next 5 years.
  • In contrast, the Metals and Mining industry is expected to see its earnings decline by 32% 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
BRG Borregaardkr160.602.4%
+kr378.3m
-26.5%PE19.7x
ELK Elkemkr35.380.4%
+kr88.8m
21.4%PE2.1x
RANA Rana Gruberkr44.554.0%
+kr63.0m
0.8%PE7x
TEKNA Tekna Holdingkr6.283.3%
+kr25.0m
-80.5%PS4.1x
GEM Green Mineralskr8.884.7%
+kr5.6m
-11.2%PB5.4x
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Latest News

NSKOG

kr59.70

Norske Skog

7D

-1.3%

1Y

57.3%

YAR

kr450.50

Yara International

7D

-3.7%

1Y

1.9%

BEWI

kr46.50

BEWi

7D

-1.8%

1Y

-26.0%

RANA

kr44.55

Rana Gruber

7D

4.0%

1Y

0.8%

BCS

kr11.56

Bergen Carbon Solutions

7D

-6.5%

1Y

-76.9%

CIRCA

kr6.26

Circa Group

7D

-3.7%

1Y

-26.3%

TEKNA

kr6.28

Tekna Holding

7D

3.3%

1Y

-80.5%

GEM

kr8.88

Green Minerals

7D

4.7%

1Y

-11.2%

ELO

kr24.30

Elopak

7D

-1.8%

1Y

-5.6%

VGM

kr2.63

Vow Green Metals

7D

1.0%

1Y

-34.4%

NHY

kr72.50

Norsk Hydro

7D

-0.8%

1Y

20.4%