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Norwegian (OSEAX) Chemicals Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies11
  • 7D-0.1%
  • 3M-1.4%
  • 1Y29.2%
  • YTD22.4%

Over the last 7 days, the Chemicals industry has remained flat, although notably BEWi gained 3.6%. The past year has been better, since the industry has gained 29% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021kr175.9bkr172.7bkr9.8b21.6x
Tue, 02 Nov 2021kr176.3bkr162.7bkr9.3b24.7x
Thu, 30 Sep 2021kr171.2bkr151.6bkr12.2b21.3x
Sat, 28 Aug 2021kr176.9bkr149.9bkr12.0b16.1x
Sun, 04 Jul 2021kr172.8bkr149.9bkr12.0b14.1x
Wed, 07 Apr 2021kr170.2bkr137.4bkr8.4b24.3x
Sat, 09 Jan 2021kr127.8bkr133.6bkr6.9b24.1x
Fri, 02 Oct 2020kr124.9bkr141.9bkr6.7b30.2x
Mon, 06 Jul 2020kr112.6bkr145.0bkr4.5b24.9x
Thu, 09 Apr 2020kr106.2bkr159.6bkr5.0b22.1x
Wed, 01 Jan 2020kr122.9bkr140.3bkr6.5b18.8x
Sat, 05 Oct 2019kr129.3bkr148.3bkr6.7b21.1x
Tue, 09 Jul 2019kr136.7bkr141.3bkr7.3b21.6x
Mon, 01 Apr 2019kr122.5bkr141.8bkr4.7b18.3x
Thu, 03 Jan 2019kr111.3bkr141.8bkr5.2b15.6x
PE Ratio

15.6x

Total Market Cap: kr111.3bTotal Earnings: kr5.2bTotal Revenue: kr141.8b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 21.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 24% per year over the last three years, and revenues for these companies have grown 6.8% 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 Chemicals industry?

Commodity Chemicals2.91%
Fertilizers and Agricultural Chemicals0.15%
Specialty Chemicals-1.17%
Industrial Gases-3.64%

Industry PE: Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 17.8x. However analysts are expecting annual earnings growth of 2.0%, which is lower than the prior year's growth of 187% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Specialty Chemicals industry, which is trading below its 3-year average of 26.4x.

Forecasted Growth: Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 16% over the next 5 years. This is better than it's past earnings growth rate of 1.6% per year. Meanwhile, the Specialty Chemicals industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
BEWI BEWi3.6%+kr344.5m199.0%PE24x
YAR Yara International0.1%+kr152.9m24.3%PE18.7x
BCS Bergen Carbon Solutions2.0%+kr37.2mn/an/a
ABT Aqua Bio Technology9.1%+kr23.6m166.7%PS321.6x
DSRT Desert Control1.2%+kr15.1mn/an/a
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BEWI

kr62.80

BEWi

7D

3.6%

1Y

199.0%

ELK

kr29.14

Elkem

7D

-2.9%

1Y

0.6%