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Norwegian (OSEAX) Chemicals Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies12
  • 7D-2.5%
  • 3M1.4%
  • 1Y-6.4%
  • YTD-11.6%

Over the last 7 days, the Chemicals industry has dropped 2.5%, driven by a pullback from Yara International of 3.7%. The industry has fallen 6.4% in the last year. As for the next few years, earnings are forecast to decline by 22% per annum.

Industry Valuation and Performance

Has the Norwegian Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022kr168.1bkr293.1bkr31.5b10.9x5.3x0.6x
Mon, 31 Oct 2022kr169.4bkr305.1bkr32.6b11.1x5.2x0.6x
Wed, 28 Sep 2022kr151.2bkr295.1bkr26.0b9.7x5.8x0.5x
Fri, 26 Aug 2022kr167.0bkr270.1bkr24.3b12.4x6.9x0.6x
Sun, 24 Jul 2022kr164.8bkr274.6bkr24.6b14.2x6.7x0.6x
Tue, 21 Jun 2022kr169.8bkr244.5bkr21.0b14.2x8.1x0.7x
Thu, 19 May 2022kr183.7bkr242.0bkr20.8b16.5x8.8x0.8x
Sat, 16 Apr 2022kr191.4bkr192.6bkr9.2b28.6x20.8x1x
Mon, 14 Mar 2022kr163.2bkr195.6bkr9.3b25.8x17.5x0.8x
Wed, 09 Feb 2022kr174.6bkr170.0bkr9.6b23.1x18.1x1x
Fri, 07 Jan 2022kr185.6bkr170.7bkr9.7bn/a19.1x1.1x
Sun, 05 Dec 2021kr173.8bkr174.9bkr9.9b21.4x17.6x1x
Tue, 02 Nov 2021kr176.3bkr162.7bkr9.3b24.7x19x1.1x
Thu, 30 Sep 2021kr171.2bkr151.6bkr12.2b21.3x14.1x1.1x
Sat, 28 Aug 2021kr176.9bkr149.9bkr12.0b16.1x14.7x1.2x
Sun, 04 Jul 2021kr172.8bkr149.9bkr12.0b14.1x14.4x1.2x
Wed, 07 Apr 2021kr170.2bkr137.4bkr8.4b24.3x20.2x1.2x
Sat, 09 Jan 2021kr127.8bkr133.6bkr6.9b24.1x18.5x1x
Fri, 02 Oct 2020kr124.9bkr141.9bkr6.7b30.2x18.7x0.9x
Mon, 06 Jul 2020kr112.6bkr145.0bkr4.5b24.9x25.1x0.8x
Thu, 09 Apr 2020kr106.2bkr159.6bkr5.0b22.1x21.2x0.7x
Wed, 01 Jan 2020kr122.9bkr140.3bkr6.5b18.8x18.8x0.9x
Price to Earnings Ratio

17.3x


Total Market Cap: kr115.9bTotal Earnings: kr6.7bTotal Revenue: kr148.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Chemicals Industry Price to Earnings3Y Average 17x202020212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Chemicals 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 5.3x which is lower than its 3-year average PE of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 68% per year over the last three years.
  • Revenues for these companies have grown 26% 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 industry?

NO Market-0.70%
Materials-1.67%
Chemicals-2.47%
Specialty Chemicals1.14%
Diversified Chemicals0%
Commodity Chemicals-2.01%
Fertilizers and Agricultural Chemicals-3.67%
Industrial Gases-4.37%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 24.1x.
    • Analysts are expecting annual earnings growth of 6.3%, which is lower than the prior year's growth of 37.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 6.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 37% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 26% 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
TEKNA Tekna Holdingkr6.283.3%
+kr25.0m
-80.5%PS4.1x
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Latest News

YAR

kr450.50

Yara International

7D

-3.7%

1Y

1.9%

BEWI

kr46.50

BEWi

7D

-1.8%

1Y

-26.0%

BCS

kr11.56

Bergen Carbon Solutions

7D

-6.5%

1Y

-76.9%

CIRCA

kr6.26

Circa Group

7D

-3.7%

1Y

-26.3%

MVW

kr9.50

M Vest Water

7D

-1.2%

1Y

-5.0%

TEKNA

kr6.28

Tekna Holding

7D

3.3%

1Y

-80.5%

ABT

kr6.77

Aqua Bio Technology

7D

-1.7%

1Y

-53.0%