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Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedMay 14, 2026
DataAggregated Company Financials
Companies3
  • 7D-0.1%
  • 3M16.8%
  • 1Y80.6%
  • YTD33.2%

In the last week, the Metals and Mining industry is flat overall, with Nordic Mining standing out by going down 21%. As for the the longer term, the industry is up 81% over the past 12 months. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the Norwegian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 May 2026NOK 211.1bNOK 201.3bNOK 5.5b34.3x38.4x1x
Sat, 11 Apr 2026NOK 218.3bNOK 209.5bNOK 6.6b20.8x33.2x1x
Mon, 09 Mar 2026NOK 182.3bNOK 209.5bNOK 6.6b18x27.7x0.9x
Wed, 04 Feb 2026NOK 177.9bNOK 217.4bNOK 11.0b12.3x16.2x0.8x
Fri, 02 Jan 2026NOK 159.6bNOK 217.4bNOK 11.0b11.4x14.5x0.7x
Sun, 30 Nov 2025NOK 147.4bNOK 217.4bNOK 11.0b10.2x13.4x0.7x
Tue, 28 Oct 2025NOK 139.0bNOK 217.4bNOK 11.1b10.1x12.5x0.6x
Thu, 25 Sep 2025NOK 137.2bNOK 216.9bNOK 9.7b11.1x14.1x0.6x
Sat, 23 Aug 2025NOK 135.0bNOK 217.0bNOK 9.8b10.5x13.8x0.6x
Mon, 21 Jul 2025NOK 125.5bNOK 214.8bNOK 10.0b9.6x12.6x0.6x
Wed, 18 Jun 2025NOK 116.1bNOK 214.8bNOK 9.9b9.4x11.7x0.5x
Fri, 16 May 2025NOK 119.0bNOK 214.8bNOK 9.9b9.4x12x0.6x
Sun, 13 Apr 2025NOK 110.0bNOK 205.3bNOK 6.0b12.5x18.4x0.5x
Tue, 11 Mar 2025NOK 138.3bNOK 205.3bNOK 6.0b15x23.1x0.7x
Thu, 06 Feb 2025NOK 136.5bNOK 197.2bNOK 1.8b51.5x76.7x0.7x
Sat, 04 Jan 2025NOK 130.2bNOK 197.2bNOK 1.8b49.2x73.1x0.7x
Mon, 02 Dec 2024NOK 141.5bNOK 197.2bNOK 1.8b53.5x79.4x0.7x
Wed, 30 Oct 2024NOK 143.0bNOK 197.3bNOK 1.8b53.8x78.6x0.7x
Fri, 27 Sep 2024NOK 139.7bNOK 191.9bNOK 669.6m353.2x208.7x0.7x
Sun, 25 Aug 2024NOK 124.3bNOK 191.7bNOK 636.9m314.4x195.2x0.6x
Tue, 23 Jul 2024NOK 132.9bNOK 194.4bNOK 3.7b22.1x35.8x0.7x
Thu, 20 Jun 2024NOK 133.8bNOK 194.4bNOK 3.7b22.3x36.1x0.7x
Sat, 18 May 2024NOK 140.0bNOK 194.4bNOK 3.7b23.3x37.7x0.7x
Mon, 15 Apr 2024NOK 149.1bNOK 195.6bNOK 4.0b23.1x37.4x0.8x
Wed, 13 Mar 2024NOK 118.8bNOK 195.6bNOK 4.0b18.6x29.8x0.6x
Fri, 09 Feb 2024NOK 123.8bNOK 192.6bNOK 6.9b11.8x18x0.6x
Sun, 07 Jan 2024NOK 139.5bNOK 192.6bNOK 6.8b13.1x20.5x0.7x
Tue, 05 Dec 2023NOK 132.0bNOK 192.6bNOK 6.8b12.5x19.4x0.7x
Thu, 02 Nov 2023NOK 131.3bNOK 192.4bNOK 6.7b12.2x19.5x0.7x
Sat, 30 Sep 2023NOK 140.7bNOK 200.1bNOK 14.0b7.2x10.1x0.7x
Mon, 28 Aug 2023NOK 122.0bNOK 200.1bNOK 14.0b6.3x8.7x0.6x
Wed, 26 Jul 2023NOK 135.2bNOK 200.8bNOK 14.1b6.7x9.6x0.7x
Fri, 23 Jun 2023NOK 135.3bNOK 211.2bNOK 20.2b5.1x6.7x0.6x
Sun, 21 May 2023NOK 145.1bNOK 209.3bNOK 24.6b4.7x5.9x0.7x
Price to Earnings Ratio

5.9x


Total Market Cap: NOK 145.1bTotal Earnings: NOK 24.6bTotal Revenue: NOK 209.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 40.4x202420252026
Current Industry PE
    There are only 3 companies in the Norwegian Metals and Mining industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 39% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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-1.25%
Materials-0.036%
Metals and Mining-0.10%
Aluminum0.047%
Gold0%0
Steel0%0
Diversified Metals and Mining-20.62%
Industry PE
  • Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 81.2x.
    • Analysts are expecting annual earnings growth of 20.6%, which is higher than its past year's earnings decline of 36.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 21% 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
NHY Norsk HydroNOK 106.800.05%
+NOK 98.3m		83.9%PE34.3x

Latest News

NOM
NOK 9.45
Nordic Mining
7D
-20.7%
1Y
-56.4%
NHY
NOK 106.80
Norsk Hydro
7D
0.05%
1Y
83.9%
AKOBO
NOK 1.67
Akobo Minerals
7D
-0.6%
1Y
114.7%
GEM
NOK 1.20
Green Minerals
7D
-15.5%
1Y
-50.8%