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Norwegian (OSEAX) Materials Sector Analysis

UpdatedJul 19, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.2%
  • 3M18.9%
  • 1Y5.7%
  • YTD7.5%

Over the last 7 days, the Materials industry has remained flat, although notably Elkem gained 8.1%. The past year has been better, since the industry has gained 5.2% in that time. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 19 Jul 2025NOK 279.9bNOK 417.5bNOK 14.4b22.1x19.5x0.7x
Mon, 16 Jun 2025NOK 266.8bNOK 413.6bNOK 15.8b19.4x16.9x0.6x
Wed, 14 May 2025NOK 259.9bNOK 420.2bNOK 15.9b16.4x16.3x0.6x
Fri, 11 Apr 2025NOK 234.9bNOK 414.0bNOK 8.4b13.6x27.9x0.6x
Sun, 09 Mar 2025NOK 280.7bNOK 414.6bNOK 8.4b14.5x33.3x0.7x
Tue, 04 Feb 2025NOK 279.2bNOK 433.6bNOK 9.4b17.1x29.8x0.6x
Thu, 02 Jan 2025NOK 257.5bNOK 432.9bNOK 9.3b19x27.6x0.6x
Sat, 30 Nov 2024NOK 270.5bNOK 428.3bNOK 9.1b17.4x29.8x0.6x
Mon, 28 Oct 2024NOK 283.0bNOK 427.4bNOK 9.0b14.9x31.4x0.7x
Wed, 25 Sep 2024NOK 271.5bNOK 415.9bNOK 4.3b18.9x63x0.7x
Fri, 23 Aug 2024NOK 253.8bNOK 418.9bNOK 4.3b18.3x58.5x0.6x
Sun, 21 Jul 2024NOK 266.6bNOK 426.2bNOK 7.6b17.6x35.2x0.6x
Tue, 18 Jun 2024NOK 261.2bNOK 427.4bNOK 3.3b11.5x79.1x0.6x
Thu, 16 May 2024NOK 275.9bNOK 428.7bNOK 3.3b11.7x82.7x0.6x
Sat, 13 Apr 2024NOK 289.2bNOK 444.6bNOK 6.2b22.4x46.9x0.7x
Mon, 11 Mar 2024NOK 252.4bNOK 436.9bNOK 6.1b20.9x41.2x0.6x
Wed, 07 Feb 2024NOK 266.0bNOK 459.9bNOK 16.3b10.6x16.3x0.6x
Fri, 05 Jan 2024NOK 282.7bNOK 454.8bNOK 16.0b10.7x17.7x0.6x
Sun, 03 Dec 2023NOK 275.7bNOK 461.9bNOK 16.2b9.3x17x0.6x
Tue, 31 Oct 2023NOK 268.3bNOK 470.1bNOK 16.6b11.3x16.1x0.6x
Thu, 28 Sep 2023NOK 289.4bNOK 498.7bNOK 31.2b9.2x9.3x0.6x
Sat, 26 Aug 2023NOK 270.2bNOK 498.8bNOK 31.3b8.7x8.6x0.5x
Mon, 24 Jul 2023NOK 288.4bNOK 496.0bNOK 36.9b8.3x7.8x0.6x
Wed, 21 Jun 2023NOK 292.0bNOK 539.9bNOK 51.7b5.8x5.7x0.5x
Fri, 19 May 2023NOK 313.9bNOK 542.2bNOK 56.4b5.5x5.6x0.6x
Sun, 16 Apr 2023NOK 350.6bNOK 548.7bNOK 66.7b6.3x5.3x0.6x
Tue, 14 Mar 2023NOK 340.7bNOK 552.1bNOK 66.6b6x5.1x0.6x
Thu, 09 Feb 2023NOK 360.9bNOK 543.8bNOK 66.2b5.6x5.5x0.7x
Sat, 07 Jan 2023NOK 333.9bNOK 535.9bNOK 65.5b5.7x5.1x0.6x
Mon, 05 Dec 2022NOK 331.9bNOK 530.2bNOK 65.1b5.7x5.1x0.6x
Wed, 02 Nov 2022NOK 322.7bNOK 542.3bNOK 66.5b4.4x4.9x0.6x
Fri, 30 Sep 2022NOK 277.6bNOK 513.4bNOK 53.1b4.7x5.2x0.5x
Sun, 28 Aug 2022NOK 326.1bNOK 489.6bNOK 51.5b5.8x6.3x0.7x
Tue, 26 Jul 2022NOK 302.1bNOK 492.7bNOK 51.4b5x5.9x0.6x
Price to Earnings Ratio

5.9x


Total Market Cap: NOK 302.1bTotal Earnings: NOK 51.4bTotal Revenue: NOK 492.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 25.7x202320242025
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 19.5x which is lower than its 3-year average PE of 25.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 35% per year over the last three years,
  • Revenues have also declined 5.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

NO Market-0.61%
Materials-0.21%
Paper and Forestry Products5.94%
Basic Materials5.82%
Packaging3.33%
Chemicals-0.18%
Metals and Mining-0.74%
Industry PE
  • Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 16.9x.
    • Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings decline of 29.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 45% over the next 5 years.
  • In contrast, the Metals and Mining industry is expected to see its earnings grow by 7.0% 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
ELK ElkemNOK 24.448.1%
+NOK 1.2b		7.4%PE22.1x
ELO ElopakNOK 49.653.3%
+NOK 429.9m		25.5%PE20.2x
NSKOG Norske SkogNOK 23.205.9%
+NOK 110.3m		-43.6%PS0.2x
BEWI BEWINOK 23.102.0%
+NOK 86.3m		-13.6%PS0.5x
BOR BorgestadNOK 20.005.8%
+NOK 38.6m		41.8%PE23.1x

Latest News

YAR
NOK 382.40
Yara International
7D
-0.7%
1Y
22.2%
BRG
NOK 196.00
Borregaard
7D
-3.9%
1Y
5.6%
NSKOG
NOK 23.20
Norske Skog
7D
5.9%
1Y
-43.6%
BOR
NOK 20.00
Borgestad
7D
5.8%
1Y
41.8%

Cautious Investors Not Rewarding Borgestad ASA's (OB:BOR) Performance Completely

Jul 16
Cautious Investors Not Rewarding Borgestad ASA's (OB:BOR) Performance Completely
ELK
NOK 24.44
Elkem
7D
8.1%
1Y
7.4%
AKOBO
NOK 0.98
Akobo Minerals
7D
3.2%
1Y
-20.0%
NHY
NOK 60.84
Norsk Hydro
7D
-0.7%
1Y
-4.2%

Norsk Hydro ASA's (OB:NHY) P/E Is On The Mark

Jun 30
Norsk Hydro ASA's (OB:NHY) P/E Is On The Mark
DSRT
NOK 6.90
Desert Control
7D
-4.7%
1Y
2.4%
ABTEC
NOK 0.97
Aqua Bio Technology
7D
-11.8%
1Y
-74.2%

Aqua Bio Technology ASA (OB:ABTEC) Stock's 54% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 21
Aqua Bio Technology ASA (OB:ABTEC) Stock's 54% Dive Might Signal An Opportunity But It Requires Some Scrutiny
GEM
NOK 2.75
Green Minerals
7D
-17.2%
1Y
-63.2%
ELO
NOK 49.65
Elopak
7D
3.3%
1Y
25.5%

Returns At Elopak (OB:ELO) Are On The Way Up

Jun 01
Returns At Elopak (OB:ELO) Are On The Way Up
BEWI
NOK 23.10
BEWI
7D
2.0%
1Y
-13.6%

Analysts Just Slashed Their BEWI ASA (OB:BEWI) Earnings Forecasts

May 30
Analysts Just Slashed Their BEWI ASA (OB:BEWI) Earnings Forecasts
NOM
NOK 23.30
Nordic Mining
7D
-0.4%
1Y
2.4%
RANA
NOK 68.30
Rana Gruber
7D
-1.6%
1Y
-6.8%

Why Rana Gruber's (OB:RANA) Shaky Earnings Are Just The Beginning Of Its Problems

Mar 29
Why Rana Gruber's (OB:RANA) Shaky Earnings Are Just The Beginning Of Its Problems