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Norwegian (OSEAX) Chemicals Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies8
  • 7D-7.9%
  • 3M14.4%
  • 1Y48.7%
  • YTD14.8%

Over the last 7 days, the Chemicals industry has dropped 7.9%, driven by Yara International declining 9.4%. Over the past 12 months, the industry was up 49%. Earnings are forecast to grow by 3.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026NOK 171.5bNOK 180.0bNOK 13.1b27.6x13.1x1x
Thu, 19 Mar 2026NOK 181.8bNOK 183.4bNOK 13.4b27x13.6x1x
Sat, 14 Feb 2026NOK 154.5bNOK 182.6bNOK 13.4b27.8x11.5x0.8x
Mon, 12 Jan 2026NOK 145.4bNOK 186.3bNOK 8.1b23.6x18x0.8x
Wed, 10 Dec 2025NOK 139.1bNOK 187.0bNOK 8.1b22.8x17.2x0.7x
Fri, 07 Nov 2025NOK 131.1bNOK 188.1bNOK 8.1b22.2x16.1x0.7x
Sun, 05 Oct 2025NOK 135.3bNOK 179.2bNOK 7.9b21.5x17.2x0.8x
Tue, 02 Sep 2025NOK 134.8bNOK 179.9bNOK 7.9b22.7x17.1x0.7x
Thu, 31 Jul 2025NOK 139.0bNOK 184.8bNOK 8.1b22.3x17.1x0.8x
Sat, 28 Jun 2025NOK 134.1bNOK 177.7bNOK 5.2b22.3x25.6x0.8x
Mon, 26 May 2025NOK 132.5bNOK 177.4bNOK 5.2b21.5x25.3x0.7x
Wed, 23 Apr 2025NOK 113.8bNOK 179.3bNOK 2.3b19.9x49.1x0.6x
Fri, 21 Mar 2025NOK 124.5bNOK 181.0bNOK 2.3b21.2x53.2x0.7x
Sun, 16 Feb 2025NOK 123.5bNOK 189.0bNOK 2.3b23.7x53.1x0.7x
Tue, 14 Jan 2025NOK 116.6bNOK 211.2bNOK 6.5b22.8x17.8x0.6x
Thu, 12 Dec 2024NOK 120.0bNOK 206.5bNOK 6.3b21.9x19.1x0.6x
Sat, 09 Nov 2024NOK 117.4bNOK 204.8bNOK 6.2b22.1x18.9x0.6x
Mon, 07 Oct 2024NOK 129.3bNOK 202.3bNOK 2.4b28.1x53.8x0.6x
Wed, 04 Sep 2024NOK 115.2bNOK 203.1bNOK 2.4b25.9x47.7x0.6x
Fri, 02 Aug 2024NOK 119.1bNOK 206.8bNOK 2.5b25.5x47.1x0.6x
Sun, 30 Jun 2024NOK 117.2bNOK 207.9b-NOK 1,522,041,889.2322.9x-77x0.6x
Tue, 28 May 2024NOK 125.2bNOK 205.2b-NOK 1,512,173,872.6724x-82.8x0.6x
Thu, 25 Apr 2024NOK 124.5bNOK 222.7b-NOK 502,182,065.5092.1x-248x0.6x
Sat, 23 Mar 2024NOK 127.9bNOK 220.6bNOK 926.1m169.4x138.1x0.6x
Mon, 19 Feb 2024NOK 128.9bNOK 216.5bNOK 882.2m174.8x146.2x0.6x
Wed, 17 Jan 2024NOK 128.8bNOK 238.9bNOK 7.6b14.6x16.9x0.5x
Fri, 15 Dec 2023NOK 132.0bNOK 238.9bNOK 7.6b15.5x17.4x0.6x
Sun, 12 Nov 2023NOK 129.4bNOK 250.4bNOK 8.0b14.6x16.3x0.5x
Tue, 10 Oct 2023NOK 139.0bNOK 272.4bNOK 15.8b13.3x8.8x0.5x
Thu, 07 Sep 2023NOK 144.4bNOK 271.6bNOK 15.8b12.9x9.2x0.5x
Sat, 05 Aug 2023NOK 149.3bNOK 258.5bNOK 15.4b14x9.7x0.6x
Mon, 03 Jul 2023NOK 140.9bNOK 300.8bNOK 29.2b11.1x4.8x0.5x
Wed, 31 May 2023NOK 158.5bNOK 311.4bNOK 30.1b12.6x5.3x0.5x
Fri, 28 Apr 2023NOK 167.6bNOK 319.0bNOK 39.8b11.7x4.2x0.5x
Price to Earnings Ratio

4.2x


Total Market Cap: NOK 167.6bTotal Earnings: NOK 39.8bTotal Revenue: NOK 319.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Chemicals Industry Price to Earnings3Y Average 19.7x202420252026
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 13.1x which is lower than its 3-year average PE of 19.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 31% per year over the last three years,
  • Revenues have also declined 17% 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 industry?

NO Market-4.66%
Materials-6.81%
Chemicals-7.88%
Industrial Gases0%0
Commodity Chemicals-0.35%
Specialty Chemicals-2.73%
Fertilizers and Agricultural Chemicals-9.39%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 71.0x.
    • Analysts are expecting annual earnings growth of 37.5%, which is higher than its past year's earnings decline of 54.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 109% over the next 5 years.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings decline by 9.1% 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
TEKNA Tekna HoldingNOK 3.791.6%
+NOK 13.6m		-35.1%PS3.5x
ABTEC Aqua Bio TechnologyNOK 6.9810.8%
+NOK 10.6m		-81.1%PS1.1x

Latest News

DSRT
NOK 1.47
Desert Control
7D
-2.8%
1Y
-77.9%
TEKNA
NOK 3.79
Tekna Holding
7D
1.6%
1Y
-35.1%
YAR
NOK 523.40
Yara International
7D
-8.2%
1Y
68.0%
BRG
NOK 170.20
Borregaard
7D
-3.1%
1Y
2.7%
ELK
NOK 28.80
Elkem
7D
-1.1%
1Y
54.9%

ELK: New Three Division Structure And Cost Cuts Will Drive Upside

The analyst price target for Elkem has moved slightly higher to NOK33.14 from NOK32.83, with analysts citing adjustments in the assumed discount rate, revenue growth, profit margin, and future P/E to support the change. What's in the News Elkem is introducing a new corporate structure with three divisions: Elkem Silicon, Elkem Foundry Alloys and Elkem Carbon.
MVW
NOK 6.05
M Vest Water
7D
-4.7%
1Y
-41.5%
ABTEC
NOK 6.98
Aqua Bio Technology
7D
10.8%
1Y
-81.1%
BEWI
NOK 14.28
BEWI
7D
-0.1%
1Y
-32.0%

Circular Model And Automotive Exposure Will Reshape Long Term Earnings Power

Catalysts About BEWI BEWI produces protective packaging, insulation solutions and circular recycling services for industries such as construction, automotive and food. What are the underlying business or industry changes driving this perspective?