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Norwegian (OSEAX) Chemicals Industry Analysis

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies11
  • 7D-4.2%
  • 3M-8.6%
  • 1Y-18.8%
  • YTD-12.1%

Over the last 7 days, the Chemicals industry has dropped 2.4%, driven by a pullback from Yara International of 4.2%. In contrast, Aqua Bio Technology has gained 13%. However, the industry is down 17% over the past year. As for the next few years, earnings are expected to grow by 51% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Jun 2024kr114.7bkr207.9b-kr1,521,038,640.2722.8x-75.4x0.6x
Mon, 13 May 2024kr122.6bkr211.2b-kr1,439,581,106.2323.3x-85.1x0.6x
Wed, 10 Apr 2024kr127.3bkr219.4bkr923.5m166.1x137.9x0.6x
Fri, 08 Mar 2024kr123.4bkr215.0bkr915.5m167.2x134.8x0.6x
Sun, 04 Feb 2024kr131.5bkr241.2bkr7.6b14.8x17.3x0.5x
Tue, 02 Jan 2024kr133.0bkr233.2bkr7.4b15.8x18x0.6x
Thu, 30 Nov 2023kr129.9bkr242.4bkr7.7b15.1x16.9x0.5x
Sat, 28 Oct 2023kr126.9bkr251.6bkr8.2b15.2x15.4x0.5x
Mon, 25 Sep 2023kr144.5bkr272.0bkr15.8b13.3x9.1x0.5x
Wed, 23 Aug 2023kr140.1bkr269.6bkr15.7b12.9x8.9x0.5x
Fri, 21 Jul 2023kr147.0bkr258.4bkr15.4b13.8x9.6x0.6x
Sun, 18 Jun 2023kr143.7bkr297.1bkr28.9b12x5x0.5x
Tue, 16 May 2023kr159.3bkr297.9bkr29.0b13x5.5x0.5x
Thu, 13 Apr 2023kr171.7bkr314.0bkr39.2b11.5x4.4x0.5x
Sat, 11 Mar 2023kr175.3bkr317.5bkr39.7b11.7x4.4x0.6x
Mon, 06 Feb 2023kr172.7bkr303.8bkr32.5b11x5.3x0.6x
Wed, 04 Jan 2023kr163.7bkr299.4bkr32.0b10.7x5.1x0.5x
Fri, 02 Dec 2022kr167.8bkr291.7bkr31.4b11x5.3x0.6x
Sun, 30 Oct 2022kr169.4bkr305.1bkr32.6b11.1x5.2x0.6x
Tue, 27 Sep 2022kr150.8bkr294.2bkr25.9b9.7x5.8x0.5x
Thu, 25 Aug 2022kr162.8bkr270.1bkr24.3b12.1x6.7x0.6x
Sat, 23 Jul 2022kr165.4bkr276.2bkr24.7b14.1x6.7x0.6x
Mon, 20 Jun 2022kr168.0bkr247.3bkr21.2b14x7.9x0.7x
Wed, 18 May 2022kr180.6bkr239.4bkr20.6b16.5x8.8x0.8x
Fri, 15 Apr 2022kr191.4bkr192.3bkr9.2b28.6x20.9x1x
Sun, 13 Mar 2022kr163.2bkr195.6bkr9.3b25.8x17.5x0.8x
Tue, 08 Feb 2022kr183.3bkr169.2bkr9.6b24.4x19.1x1.1x
Thu, 06 Jan 2022kr182.0bkr169.4bkr9.6b25.6x18.9x1.1x
Sat, 04 Dec 2021kr173.8bkr174.9bkr9.9b21.4x17.6x1x
Mon, 01 Nov 2021kr176.0bkr163.5bkr9.3b23.2x18.9x1.1x
Wed, 29 Sep 2021kr174.7bkr150.5bkr12.1b20.6x14.5x1.2x
Fri, 27 Aug 2021kr176.9bkr149.9bkr12.0b16.1x14.7x1.2x
Sat, 03 Jul 2021kr172.8bkr149.9bkr12.0b14.1x14.4x1.2x
Price to Earnings Ratio

14.4x


Total Market Cap: kr172.8bTotal Earnings: kr12.0bTotal Revenue: kr149.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Chemicals Industry Price to Earnings3Y Average 12.9x202220232024
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 close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 11% 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-2.15%
Materials-3.91%
Chemicals-4.17%
Diversified Chemicals0%
Industrial Gases0%
Specialty Chemicals-0.044%
Fertilizers and Agricultural Chemicals-5.70%
Commodity Chemicals-6.45%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 106% over the next 5 years.
    • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 44% 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
    		ABTEC Aqua Bio Technologykr4.3715.0%
    +kr33.4m    		13.5%PS18.5x
    		ELK Elkemkr20.060.1%
    +kr12.7m    		-24.6%PS0.4x
    		BCS Bergen Carbon Solutionskr6.272.5%
    +kr6.3m    		-21.4%PS874.3x
    		COND CondAlignkr7.002.9%
    +kr2.7m    		n/an/a
    		CIRCA Circa Groupkr1.081.4%
    +kr1.8m    		-77.9%PS7x
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