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Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedSep 26, 2023
DataAggregated Company Financials
Companies5
  • 7D1.2%
  • 3M-0.5%
  • 1Y5.7%
  • YTD-15.4%

Over the last 7 days, the Metals and Mining industry has remained flat. The past year has been better, since the industry has gained 6.5% in that time. As for the next few years, earnings are expected to grow by 5.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Sep 2023kr131.7bkr200.1bkr14.0b6.8x9.4x0.7x
Thu, 24 Aug 2023kr123.8bkr200.1bkr14.0b6.3x8.8x0.6x
Sat, 22 Jul 2023kr128.9bkr211.2bkr20.2b5.1x6.4x0.6x
Mon, 19 Jun 2023kr150.6bkr211.2bkr20.2b5.6x7.5x0.7x
Wed, 17 May 2023kr144.5bkr209.3bkr24.6b4.7x5.9x0.7x
Fri, 14 Apr 2023kr167.0bkr209.4bkr24.7b6.3x6.8x0.8x
Sun, 12 Mar 2023kr159.1bkr209.4bkr24.7b6.3x6.4x0.8x
Tue, 07 Feb 2023kr168.4bkr211.6bkr31.4b5.3x5.4x0.8x
Thu, 05 Jan 2023kr142.2bkr211.6bkr31.4b4.5x4.5x0.7x
Sat, 03 Dec 2022kr151.4bkr211.6bkr31.4b4.8x4.8x0.7x
Mon, 31 Oct 2022kr137.6bkr211.6bkr31.6b3.8x4.3x0.7x
Wed, 28 Sep 2022kr120.7bkr195.8bkr25.8b3.6x4.7x0.6x
Fri, 26 Aug 2022kr146.3bkr195.9bkr25.8b4.5x5.7x0.7x
Sun, 24 Jul 2022kr124.5bkr197.0bkr25.6b3.8x4.9x0.6x
Tue, 21 Jun 2022kr131.4bkr166.0bkr16.5b3.9x8x0.8x
Thu, 19 May 2022kr153.4bkr166.0bkr16.7b4.5x9.2x0.9x
Sat, 16 Apr 2022kr188.9bkr151.3bkr12.7b15.2x14.9x1.2x
Mon, 14 Mar 2022kr176.7bkr151.6bkr12.8b16.9x13.9x1.2x
Wed, 09 Feb 2022kr161.2bkr159.1bkr10.4b26.1x15.6x1x
Fri, 07 Jan 2022kr149.4bkr159.1bkr10.4bn/a14.4x0.9x
Sun, 05 Dec 2021kr127.2bkr159.1bkr10.4b15.6x12.3x0.8x
Tue, 02 Nov 2021kr134.5bkr159.1bkr10.4b3.1x13x0.8x
Thu, 30 Sep 2021kr138.1bkr150.0bkr9.2b3.6x15x0.9x
Sat, 28 Aug 2021kr129.4bkr150.0bkr9.2b4.6x14x0.9x
Sun, 04 Jul 2021kr116.7bkr150.0bkr9.2b4.9x12.7x0.8x
Wed, 07 Apr 2021kr116.0bkr140.4bkr5.6b5.5x20.7x0.8x
Sat, 09 Jan 2021kr82.1bkr138.5bkr1.9b24.6x43.6x0.6x
Fri, 02 Oct 2020kr53.1bkr126.0b-kr3,493,748,601.137.3x-15.2x0.4x
Price to Earnings Ratio

-15.2x


Total Market Cap: kr53.1bTotal Earnings: -kr3,493,748,601.13Total Revenue: kr126.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 10.9x202120222023
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 9.4x which is lower than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.84x.
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 17% 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 Market-1.12%
Materials-0.083%
Metals and Mining1.25%
Aluminum1.39%
Copper0%
Gold0%
Precious Metals and Minerals0%
Silver0%
Diversified Metals and Mining-1.80%
Steel-3.83%
Industry PE
  • Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 11.3x.
    • Analysts are expecting annual earnings growth of 5.5%, which is higher than its past year's earnings decline of 46.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 5.5% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 6.1% 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 Hydrokr62.801.4%
+kr1.7b
9.5%PE9.4x
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Latest News

NHY

kr62.80

Norsk Hydro

7D

1.4%

1Y

9.5%

AKOBO

kr5.50

Akobo Minerals

7D

-7.7%

1Y

-3.2%

RANA

kr57.10

Rana Gruber

7D

-2.2%

1Y

47.4%

GEM

kr4.62

Green Minerals

7D

-1.7%

1Y

-32.1%

NOM

kr0.60

Nordic Mining

7D

-1.8%

1Y

-78.3%