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Norwegian (OSEAX) Chemicals Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies11
  • 7D-0.9%
  • 3M1.9%
  • 1Y-25.1%
  • YTD-3.7%

Over the last 7 days, the Chemicals industry has dropped 2.8%, driven by Elkem declining 9.5%. However, the industry is down 26% over the past year. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024kr125.7bkr223.7b-kr468,305,360.0492.2x-268.4x0.6x
Sun, 17 Mar 2024kr125.3bkr218.5bkr920.3m167x136.2x0.6x
Tue, 13 Feb 2024kr130.7bkr216.5bkr887.7m183.5x147.2x0.6x
Thu, 11 Jan 2024kr131.1bkr236.8bkr7.5b15.2x17.4x0.6x
Sat, 09 Dec 2023kr130.4bkr246.9bkr7.8b14.7x16.7x0.5x
Mon, 06 Nov 2023kr130.3bkr249.3bkr8.1b15.7x16x0.5x
Wed, 04 Oct 2023kr142.3bkr273.8bkr15.9b13.2x9x0.5x
Fri, 01 Sep 2023kr140.1bkr270.3bkr15.7b13x8.9x0.5x
Sun, 30 Jul 2023kr150.7bkr260.4bkr15.5b14.1x9.8x0.6x
Tue, 27 Jun 2023kr141.0bkr300.7bkr29.2b11x4.8x0.5x
Thu, 25 May 2023kr159.1bkr306.0bkr29.7b12.8x5.4x0.5x
Sat, 22 Apr 2023kr169.7bkr317.7bkr39.7b11.7x4.3x0.5x
Mon, 20 Mar 2023kr165.0bkr320.3bkr40.0b11.3x4.1x0.5x
Wed, 15 Feb 2023kr175.0bkr305.7bkr38.7b9.9x4.5x0.6x
Fri, 13 Jan 2023kr169.7bkr296.2bkr31.8b11.8x5.3x0.6x
Sun, 11 Dec 2022kr163.8bkr297.0bkr31.8b10.5x5.1x0.6x
Tue, 08 Nov 2022kr170.6bkr302.2bkr32.4b11.4x5.3x0.6x
Thu, 06 Oct 2022kr150.7bkr291.1bkr25.7b9.4x5.9x0.5x
Sat, 03 Sep 2022kr163.2bkr276.2bkr24.7b11.8x6.6x0.6x
Mon, 01 Aug 2022kr167.3bkr269.3bkr24.2b14.6x6.9x0.6x
Wed, 29 Jun 2022kr169.7bkr243.4bkr20.9b13.8x8.1x0.7x
Fri, 27 May 2022kr187.9bkr239.0bkr20.6b16.2x9.1x0.8x
Sun, 24 Apr 2022kr186.1bkr194.7bkr9.2b27.7x20.1x1x
Tue, 22 Mar 2022kr175.6bkr191.4bkr9.2b28.1x19.2x0.9x
Thu, 17 Feb 2022kr179.2bkr193.4bkr9.4b28x19x0.9x
Sat, 15 Jan 2022kr185.8bkr168.5bkr9.6b24.8x19.4x1.1x
Mon, 13 Dec 2021kr177.1bkr171.6bkr9.7b23.2x18.2x1x
Wed, 10 Nov 2021kr182.9bkr165.0bkr9.4b21.6x19.4x1.1x
Fri, 08 Oct 2021kr172.0bkr149.0bkr11.9b22.3x14.4x1.2x
Sun, 05 Sep 2021kr175.9bkr149.9bkr12.0b16.4x14.6x1.2x
Tue, 03 Aug 2021kr177.0bkr149.9bkr12.0b14.5x14.7x1.2x
Fri, 07 May 2021kr167.7bkr137.4bkr8.4b23x19.9x1.2x
Price to Earnings Ratio

19.9x


Total Market Cap: kr167.7bTotal Earnings: kr8.4bTotal Revenue: kr137.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Chemicals Industry Price to Earnings3Y Average 19.6x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 134x which is higher than its 3-year average PE of 19.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 52% per year over the last three years.
  • Meanwhile revenues for these companies have grown 18% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

NO Market-1.03%
Materials1.88%
Chemicals-0.95%
Fertilizers and Agricultural Chemicals1.24%
Diversified Chemicals0%
Industrial Gases0%
Specialty Chemicals-5.30%
Commodity Chemicals-6.28%
Industry PE
  • Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry which is trading above its 3-year average PE ratio of 23.6x.
    • Analysts are expecting annual earnings growth of 34.1%, which is higher than its past year's earnings decline of 98.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 87% over the next 5 years.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 34% 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
YAR Yara Internationalkr338.401.2%
+kr1.0b
-26.1%PE162.4x
ABTEC Aqua Bio Technologykr4.967.4%
+kr19.9m
-17.9%PS21x
DSRT Desert Controlkr5.805.5%
+kr16.1m
-60.0%PS368.1x
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