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Norwegian (OSEAX) Specialty Chemicals Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D3.8%
  • 3M-7.6%
  • 1Y2.7%
  • YTDn/a

Last week, the Specialty Chemicals industry hasn't moved much but Elkem is up 5.5% in that time. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 40% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 30.7bNOK 39.6bNOK 610.7m136.2x50.3x0.8x
Sat, 19 Oct 2024NOK 33.6bNOK 39.4bNOK 47.2m25.4x711.6x0.9x
Mon, 16 Sep 2024NOK 31.5bNOK 39.4bNOK 48.9m24.1x642.7x0.8x
Wed, 14 Aug 2024NOK 33.2bNOK 39.4bNOK 73.4m23.4x453x0.8x
Fri, 12 Jul 2024NOK 33.3bNOK 40.1b-NOK 704,231,113.5122.8x-47.4x0.8x
Sun, 09 Jun 2024NOK 33.2bNOK 40.1b-NOK 702,532,733.2122.8x-47.2x0.8x
Tue, 07 May 2024NOK 33.1bNOK 40.1b-NOK 692,180,350.8822.8x-47.8x0.8x
Thu, 04 Apr 2024NOK 33.8bNOK 41.9bNOK 742.7m105.4x45.5x0.8x
Sat, 02 Mar 2024NOK 34.1bNOK 41.9bNOK 747.7m106.5x45.7x0.8x
Mon, 29 Jan 2024NOK 33.1bNOK 44.1bNOK 2.2b14x15.3x0.7x
Wed, 27 Dec 2023NOK 30.8bNOK 44.1bNOK 2.1b13.1x14.3x0.7x
Fri, 24 Nov 2023NOK 30.3bNOK 44.1bNOK 2.1b13.2x14.1x0.7x
Sun, 22 Oct 2023NOK 28.2bNOK 47.5bNOK 5.6b9.2x5x0.6x
Tue, 19 Sep 2023NOK 31.9bNOK 47.5bNOK 5.6b9.9x5.6x0.7x
Thu, 17 Aug 2023NOK 32.9bNOK 47.4bNOK 5.6b9.9x5.9x0.7x
Sat, 15 Jul 2023NOK 32.3bNOK 47.4bNOK 5.6b10.2x5.8x0.7x
Mon, 12 Jun 2023NOK 36.9bNOK 50.4bNOK 8.5b11.1x4.3x0.7x
Wed, 10 May 2023NOK 38.5bNOK 50.4bNOK 8.5b11.2x4.5x0.8x
Fri, 07 Apr 2023NOK 41.5bNOK 52.1bNOK 10.2b10.7x4.1x0.8x
Sun, 05 Mar 2023NOK 45.1bNOK 7.1bNOK 10.2b11.3x4.4x6.3x
Tue, 31 Jan 2023NOK 39.8bNOK 51.8bNOK 11.2b10.5x3.6x0.8x
Thu, 29 Dec 2022NOK 39.8bNOK 51.8bNOK 11.2b10.4x3.6x0.8x
Sat, 26 Nov 2022NOK 39.9bNOK 51.8bNOK 11.2b10.7x3.6x0.8x
Mon, 24 Oct 2022NOK 39.3bNOK 49.4bNOK 9.5b9.8x4.1x0.8x
Wed, 21 Sep 2022NOK 39.9bNOK 49.1bNOK 9.5b9.9x4.2x0.8x
Fri, 19 Aug 2022NOK 44.1bNOK 49.1bNOK 9.5b12.1x4.6x0.9x
Sun, 17 Jul 2022NOK 39.7bNOK 44.2bNOK 7.1b12.1x5.6x0.9x
Tue, 14 Jun 2022NOK 42.7bNOK 44.0bNOK 7.1b13.6x6x1x
Thu, 12 May 2022NOK 43.5bNOK 43.9bNOK 7.1b13.6x6.1x1x
Sat, 09 Apr 2022NOK 47.3bNOK 39.1bNOK 5.1b15.7x9.2x1.2x
Mon, 07 Mar 2022NOK 41.8bNOK 39.1bNOK 5.1b15.5x8.1x1.1x
Wed, 02 Feb 2022NOK 46.4bNOK 35.5bNOK 3.5b18.5x13.4x1.3x
Fri, 31 Dec 2021NOK 45.6bNOK 35.5bNOK 3.5b18.9x13.1x1.3x
Sun, 28 Nov 2021NOK 45.0bNOK 35.5bNOK 3.5b18.7x13x1.3x
Price to Earnings Ratio

13x


Total Market Cap: NOK 45.0bTotal Earnings: NOK 3.5bTotal Revenue: NOK 35.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Specialty Chemicals Industry Price to Earnings3Y Average 60.6x202220232024
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 50.0x which is lower than its 3-year average PE of 60.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Specialty Chemicals industry have declined 44% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.7% 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 Comparison

How does Norwegian Specialty Chemicals compare with similar industries?

NO Market3.06%
Materials6.92%
Chemicals2.64%
Specialty Chemicals3.84%
Commodity Chemicals5.18%
Fertilizers and Agricultural Chemicals2.04%
Diversified Chemicals0%
Industrial Gases0%
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
ELK ElkemNOK 18.135.5%
+NOK 596.1m		0.7%PE249.9x
BRG BorregaardNOK 183.203.3%
+NOK 578.5m		9.0%PE22.5x
MVW M Vest WaterNOK 9.405.0%
+NOK 14.7m		38.6%PS16.1x
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