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Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies6
  • 7D-1.8%
  • 3M10.4%
  • 1Y18.7%
  • YTD4.2%

Last week, the Metals and Mining industry hasn't moved much but Rana Gruber is up 4.0% in that time. As for the the longer term, the industry is up 23% over the past 12 months. In the next few years, earnings are forecast to decline by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022kr151.5bkr211.6bkr31.4b4.8x4.8x0.7x
Sat, 29 Oct 2022kr137.6bkr211.6bkr31.6b3.8x4.4x0.7x
Mon, 26 Sep 2022kr118.7bkr195.8bkr25.8b3.7x4.6x0.6x
Wed, 24 Aug 2022kr143.3bkr196.2bkr25.9b4.1x5.5x0.7x
Fri, 22 Jul 2022kr117.2bkr166.0bkr16.5b3.8x7.1x0.7x
Sun, 19 Jun 2022kr128.1bkr166.0bkr16.5b4x7.8x0.8x
Tue, 17 May 2022kr146.7bkr166.0bkr16.7b4.4x8.8x0.9x
Thu, 14 Apr 2022kr188.9bkr151.3bkr12.7b15.2x14.9x1.2x
Sat, 12 Mar 2022kr176.7bkr151.6bkr12.8b16.9x13.9x1.2x
Mon, 07 Feb 2022kr150.7bkr159.1bkr10.4b26.3x14.5x0.9x
Wed, 05 Jan 2022kr149.7bkr159.1bkr10.4b22.8x14.4x0.9x
Fri, 03 Dec 2021kr128.0bkr159.1bkr10.4b14.9x12.3x0.8x
Sun, 31 Oct 2021kr130.8bkr159.1bkr10.4b3.1x12.6x0.8x
Tue, 28 Sep 2021kr136.6bkr150.0bkr9.2b3.5x14.8x0.9x
Thu, 26 Aug 2021kr125.9bkr150.0bkr9.2b4.6x13.7x0.8x
Fri, 02 Jul 2021kr116.7bkr150.0bkr9.2b4.9x12.7x0.8x
Mon, 05 Apr 2021kr116.0bkr140.4bkr5.6b5.5x20.7x0.8x
Thu, 07 Jan 2021kr82.1bkr138.5bkr1.9b24.6x43.6x0.6x
Wed, 30 Sep 2020kr53.1bkr126.0b-kr3,493,748,601.137.3x-15.2x0.4x
Sat, 04 Jul 2020kr54.7bkr130.4b-kr4,585,592,734.00n/a-11.9x0.4x
Tue, 07 Apr 2020kr46.5bkr144.2b-kr3,411,842,750.00n/a-13.6x0.3x
Fri, 10 Jan 2020kr67.0bkr150.2b-kr1,888,724,434.9226.1x-35.5x0.4x
Price to Earnings Ratio

-31.9x


Total Market Cap: kr66.9bTotal Earnings: -kr2,097,753,482.73Total Revenue: kr153.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 4.2x202020212022
Current Industry PE
  • Investors are optimistic on the Norwegian Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 4.9x which is higher than its 3-year average PE of 4.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • Total earnings for the Metals and Mining industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Materials industry?

NO Market0.74%
Materials-2.05%
Metals and Mining-1.84%
Steel1.91%
Copper0%
Precious Metals and Minerals0%
Silver0%
Diversified Metals and Mining-0.73%
Aluminum-1.89%
Gold-2.12%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 2.5x.
    • Analysts are expecting annual earnings growth of 3.6%, which is higher than its past year's earnings decline of 67.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 3.6% over the next 5 years.
  • This is better than its past earnings decline of 68% per year.
  • In contrast, the Aluminum industry is expected to see its earnings decline by 34% 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
RANA Rana Gruberkr44.404.0%
+kr63.0m
1.0%PE7x
GEM Green Mineralskr8.607.5%
+kr8.4m
-7.6%PB5.3x
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Latest News

RANA

kr44.40

Rana Gruber

7D

4.0%

1Y

1.0%

NOM

kr2.02

Nordic Mining

7D

-2.7%

1Y

-34.0%

GEM

kr8.60

Green Minerals

7D

7.5%

1Y

-7.6%

AKOBO

kr6.46

Akobo Minerals

7D

-2.1%

1Y

-5.0%

VGM

kr2.40

Vow Green Metals

7D

-5.9%

1Y

-38.6%

NHY

kr72.58

Norsk Hydro

7D

-1.9%

1Y

19.6%