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Norwegian (OSEAX) Specialty Chemicals Industry Analysis

UpdatedJun 08, 2026
DataAggregated Company Financials
Companies4
  • 7D0.4%
  • 3M-3.5%
  • 1Y-2.1%
  • YTDn/a

Over the last 7 days, the Specialty Chemicals industry has risen 2.2%, driven by gains from Elkem of 3.3%. In the same time, Aqua Bio Technology was down 6.0%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 38% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026NOK 27.3bNOK 24.3bNOK 802.9m30.8x34x1.1x
Wed, 06 May 2026NOK 24.0bNOK 24.2bNOK 787.9m25.8x30.5x1x
Fri, 03 Apr 2026NOK 36.3bNOK 24.5bNOK 826.1m43.8x44x1.5x
Sun, 01 Mar 2026NOK 38.1bNOK 24.5bNOK 826.3m46.4x46.1x1.6x
Tue, 27 Jan 2026NOK 39.7bNOK 24.8bNOK 1.2b31.3x32.2x1.6x
Thu, 25 Dec 2025NOK 39.2bNOK 24.8bNOK 1.2b31.1x31.8x1.6x
Sat, 22 Nov 2025NOK 35.9bNOK 24.8bNOK 1.2b28.4x29.1x1.4x
Mon, 20 Oct 2025NOK 37.9bNOK 25.0bNOK 1.5b23.7x25.6x1.5x
Wed, 17 Sep 2025NOK 37.0bNOK 25.0bNOK 1.5b22.8x24.9x1.5x
Fri, 15 Aug 2025NOK 37.6bNOK 25.0bNOK 1.5b23.2x25.5x1.5x
Sun, 13 Jul 2025NOK 35.6bNOK 21.6bNOK 1.9b17.8x18.4x1.6x
Tue, 10 Jun 2025NOK 33.1bNOK 25.4bNOK 2.9b13.9x11.4x1.3x
Thu, 08 May 2025NOK 30.9bNOK 25.4bNOK 2.9b13.1x10.7x1.2x
Sat, 05 Apr 2025NOK 29.3bNOK 25.8bNOK 2.7b12.8x10.7x1.1x
Mon, 03 Mar 2025NOK 34.2bNOK 25.8bNOK 2.7b14.8x12.5x1.3x
Wed, 29 Jan 2025NOK 34.2bNOK 39.6bNOK 698.8m166.5x48.9x0.9x
Fri, 27 Dec 2024NOK 29.7bNOK 39.6bNOK 696.7m130.1x42.7x0.8x
Sun, 24 Nov 2024NOK 30.9bNOK 39.6bNOK 611.4m136.9x50.6x0.8x
Tue, 22 Oct 2024NOK 33.7bNOK 39.4bNOK 47.3m25.8x713.2x0.9x
Thu, 19 Sep 2024NOK 31.5bNOK 39.4bNOK 50.2m24.2x627.5x0.8x
Sat, 17 Aug 2024NOK 33.3bNOK 39.4bNOK 73.9m23.6x450.5x0.8x
Mon, 15 Jul 2024NOK 34.8bNOK 39.4bNOK 112.5m22.7x309.6x0.9x
Wed, 12 Jun 2024NOK 33.3bNOK 40.1b-NOK 701,837,842.3022.9x-47.4x0.8x
Fri, 10 May 2024NOK 32.9bNOK 40.1b-NOK 692,862,881.7222.8x-47.4x0.8x
Sun, 07 Apr 2024NOK 35.7bNOK 41.9bNOK 743.0m110.3x48x0.9x
Tue, 05 Mar 2024NOK 34.1bNOK 41.9bNOK 747.0m107x45.7x0.8x
Thu, 01 Feb 2024NOK 33.6bNOK 44.1bNOK 2.2b14.4x15.5x0.8x
Sat, 30 Dec 2023NOK 32.3bNOK 44.1bNOK 2.2b13.8x15x0.7x
Mon, 27 Nov 2023NOK 30.2bNOK 44.1bNOK 2.1b13.1x14.1x0.7x
Wed, 25 Oct 2023NOK 28.0bNOK 47.5bNOK 5.6b9.6x5x0.6x
Fri, 22 Sep 2023NOK 31.9bNOK 47.5bNOK 5.6b10x5.7x0.7x
Sun, 20 Aug 2023NOK 31.4bNOK 47.4bNOK 5.6b9.6x5.6x0.7x
Tue, 18 Jul 2023NOK 31.7bNOK 47.2bNOK 5.6b10x5.7x0.7x
Thu, 15 Jun 2023NOK 37.0bNOK 50.4bNOK 8.5b11x4.4x0.7x
Price to Earnings Ratio

4.4x


Total Market Cap: NOK 37.0bTotal Earnings: NOK 8.5bTotal Revenue: NOK 50.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Specialty Chemicals Industry Price to Earnings3Y Average 72.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Specialty 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 34.0x which is lower than its 3-year average PE of 72.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Specialty Chemicals industry have declined 54% per year over the last three years,
  • Revenues have also declined 22% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Norwegian Specialty Chemicals compare with similar industries?

NO Market0.58%
Materials0.80%
Chemicals-1.68%
Specialty Chemicals0.36%
Industrial Gases0%0
Fertilizers and Agricultural Chemicals-1.91%
Commodity Chemicals-7.19%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ABTEC Aqua Bio TechnologyNOK 4.991.8%
+NOK 1.4m		-91.8%PS10.3x

Latest News

ELK
NOK 32.12
Elkem
7D
-4.3%
1Y
55.3%
Narrative Update • Jun 05

ELK: Power Contract And Equity Raise Will Shape Balanced Future Outlook

Analysts now set their price target for Elkem at around NOK 32.78, up from about NOK 31.34, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Statkraft and Elkem ASA signed a seven year power purchase agreement for the Bjølvefossen plant in Norway, covering 2031 to 2037.
BRG
NOK 139.20
Borregaard
7D
-1.0%
1Y
-26.7%
Narrative Update • Jun 04

BRG: Dividend Support And Margin Resilience Will Underpin Future Upside

The analyst fair value estimate for Borregaard has moved from NOK 198.60 to NOK 183.80 as analysts factor in updated assumptions on revenue growth, profit margins and future P/E following recent supportive research updates from Danske Bank and Kepler Cheuvreux. Analyst Commentary Bullish Takeaways Bullish analysts highlight that recent research updates support a more constructive view on Borregaard's earnings power, which feeds directly into a higher comfort level around the updated fair value range.
ABTEC
NOK 4.99
Aqua Bio Technology
7D
1.8%
1Y
-91.8%
TEKNA
NOK 3.82
Tekna Holding
7D
-3.3%
1Y
-29.3%