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- 7D3.6%
- 3M-19.5%
- 1Y38.0%
- YTD16.0%
In the last week, the Metals and Mining industry is up 3.6%, with Norsk Hydro up 3.6%. Meanwhile, Nordic Mining actually underperformed within the industry, shrinking 12% in the last week. In the last 12 months, the industry was up 38%. Earnings are forecast to grow by 9.7% annually.
Industry Valuation and Performance
Has the Norwegian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 26 Aug 2026 | NOK 184.6b | NOK 204.7b | NOK 8.9b | 18.8x | 20.7x | 0.9x |
| Fri, 24 Jul 2026 | NOK 174.7b | NOK 204.7b | NOK 9.1b | 17.8x | 19.3x | 0.9x |
| Sun, 21 Jun 2026 | NOK 201.1b | NOK 201.3b | NOK 5.5b | 32.7x | 36.6x | 1x |
| Tue, 19 May 2026 | NOK 210.0b | NOK 201.3b | NOK 5.5b | 34.1x | 38.2x | 1x |
| Thu, 16 Apr 2026 | NOK 213.7b | NOK 208.0b | NOK 6.3b | 31.6x | 34.1x | 1x |
| Sat, 14 Mar 2026 | NOK 193.2b | NOK 209.5b | NOK 6.6b | 18.9x | 29.4x | 0.9x |
| Mon, 09 Feb 2026 | NOK 178.9b | NOK 217.4b | NOK 10.9b | 12.3x | 16.4x | 0.8x |
| Wed, 07 Jan 2026 | NOK 169.7b | NOK 217.4b | NOK 11.0b | 11.8x | 15.4x | 0.8x |
| Fri, 05 Dec 2025 | NOK 150.5b | NOK 217.4b | NOK 11.0b | 10.5x | 13.7x | 0.7x |
| Sun, 02 Nov 2025 | NOK 139.6b | NOK 217.4b | NOK 11.0b | 10.2x | 12.7x | 0.6x |
| Tue, 30 Sep 2025 | NOK 138.7b | NOK 216.9b | NOK 9.7b | 11.2x | 14.3x | 0.6x |
| Thu, 28 Aug 2025 | NOK 134.2b | NOK 217.0b | NOK 9.8b | 10.1x | 13.7x | 0.6x |
| Sat, 26 Jul 2025 | NOK 131.5b | NOK 217.0b | NOK 9.9b | 10.2x | 13.3x | 0.6x |
| Mon, 23 Jun 2025 | NOK 115.2b | NOK 214.8b | NOK 9.9b | 9.3x | 11.6x | 0.5x |
| Wed, 21 May 2025 | NOK 118.5b | NOK 214.8b | NOK 9.9b | 9.4x | 12x | 0.6x |
| Fri, 18 Apr 2025 | NOK 109.4b | NOK 205.3b | NOK 6.0b | 12.5x | 18.3x | 0.5x |
| Sun, 16 Mar 2025 | NOK 138.6b | NOK 205.3b | NOK 6.0b | 15x | 23.1x | 0.7x |
| Tue, 11 Feb 2025 | NOK 138.2b | NOK 197.2b | NOK 1.8b | 52.3x | 77.6x | 0.7x |
| Thu, 09 Jan 2025 | NOK 129.6b | NOK 197.2b | NOK 1.8b | 49x | 72.8x | 0.7x |
| Sat, 07 Dec 2024 | NOK 139.1b | NOK 197.2b | NOK 1.8b | 52.6x | 78.1x | 0.7x |
| Mon, 04 Nov 2024 | NOK 143.3b | NOK 197.3b | NOK 1.8b | 53.9x | 78.7x | 0.7x |
| Wed, 02 Oct 2024 | NOK 142.5b | NOK 191.9b | NOK 669.6m | 359.9x | 212.8x | 0.7x |
| Fri, 30 Aug 2024 | NOK 123.0b | NOK 191.9b | NOK 669.6m | 309.9x | 183.6x | 0.6x |
| Sun, 28 Jul 2024 | NOK 126.5b | NOK 191.7b | NOK 642.5m | 319.4x | 196.8x | 0.7x |
| Tue, 25 Jun 2024 | NOK 138.4b | NOK 194.4b | NOK 3.7b | 23.1x | 37.3x | 0.7x |
| Thu, 23 May 2024 | NOK 143.7b | NOK 194.4b | NOK 3.7b | 23.9x | 38.7x | 0.7x |
| Sat, 20 Apr 2024 | NOK 148.2b | NOK 195.6b | NOK 4.0b | 22.9x | 37.1x | 0.8x |
| Mon, 18 Mar 2024 | NOK 121.0b | NOK 195.6b | NOK 4.0b | 18.9x | 30.3x | 0.6x |
| Wed, 14 Feb 2024 | NOK 120.5b | NOK 192.6b | NOK 6.9b | 11.6x | 17.6x | 0.6x |
| Fri, 12 Jan 2024 | NOK 136.7b | NOK 192.6b | NOK 6.8b | 12.7x | 20.1x | 0.7x |
| Sun, 10 Dec 2023 | NOK 128.8b | NOK 192.6b | NOK 6.8b | 12.2x | 18.9x | 0.7x |
| Tue, 07 Nov 2023 | NOK 133.5b | NOK 192.4b | NOK 6.7b | 12.5x | 19.8x | 0.7x |
| Thu, 05 Oct 2023 | NOK 138.0b | NOK 200.1b | NOK 14.0b | 6.7x | 9.9x | 0.7x |
| Sat, 02 Sep 2023 | NOK 128.9b | NOK 200.1b | NOK 14.0b | 6.5x | 9.2x | 0.6x |
Price to Earnings Ratio
9.2x
Current Industry PE
- Investors are pessimistic on the Norwegian Metals and Mining 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 20.7x which is lower than its 3-year average PE of 42.6x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 14% 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 | -0.081% | |
| Materials | 4.61% | |
| Metals and Mining | 3.56% | |
| Aluminum | 3.59% | |
| Copper | 0% | 0 |
| Gold | 0% | 0 |
| Steel | 0% | 0 |
| Diversified Metals and Mining | -9.75% | |
Industry PE
- Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 83.1x.
- Analysts are expecting annual earnings growth of 9.5%, which is higher than its past year's earnings growth of 1.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 9.5% over the next 5 years.
- This is better than its past earnings growth rate of 1.8% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 9.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NHY Norsk Hydro | NOK 93.38 | 3.6% +NOK 6.4b | 40.4% | PE18.8x | |
| GOLDR Gold Road International | NOK 7.74 | 1.0% +NOK 4.6m | n/a | PS20.4x | |
| POLAR Polar Resources | NOK 5.19 | 5.9% +NOK 4.1m | n/a | PE-17.5x | |
| AKOBO Akobo Minerals | NOK 1.60 | 0.9% +NOK 3.4m | -1.5% | PS6.3x | |
| GEM Green Minerals | NOK 1.38 | 6.6% +NOK 1.7m | -34.9% | PB5.4x |