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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | kr151.5b | kr211.6b | kr31.4b | 4.8x | 4.8x | 0.7x |
| Sat, 29 Oct 2022 | kr137.6b | kr211.6b | kr31.6b | 3.8x | 4.4x | 0.7x |
| Mon, 26 Sep 2022 | kr118.7b | kr195.8b | kr25.8b | 3.7x | 4.6x | 0.6x |
| Wed, 24 Aug 2022 | kr143.3b | kr196.2b | kr25.9b | 4.1x | 5.5x | 0.7x |
| Fri, 22 Jul 2022 | kr117.2b | kr166.0b | kr16.5b | 3.8x | 7.1x | 0.7x |
| Sun, 19 Jun 2022 | kr128.1b | kr166.0b | kr16.5b | 4x | 7.8x | 0.8x |
| Tue, 17 May 2022 | kr146.7b | kr166.0b | kr16.7b | 4.4x | 8.8x | 0.9x |
| Thu, 14 Apr 2022 | kr188.9b | kr151.3b | kr12.7b | 15.2x | 14.9x | 1.2x |
| Sat, 12 Mar 2022 | kr176.7b | kr151.6b | kr12.8b | 16.9x | 13.9x | 1.2x |
| Mon, 07 Feb 2022 | kr150.7b | kr159.1b | kr10.4b | 26.3x | 14.5x | 0.9x |
| Wed, 05 Jan 2022 | kr149.7b | kr159.1b | kr10.4b | 22.8x | 14.4x | 0.9x |
| Fri, 03 Dec 2021 | kr128.0b | kr159.1b | kr10.4b | 14.9x | 12.3x | 0.8x |
| Sun, 31 Oct 2021 | kr130.8b | kr159.1b | kr10.4b | 3.1x | 12.6x | 0.8x |
| Tue, 28 Sep 2021 | kr136.6b | kr150.0b | kr9.2b | 3.5x | 14.8x | 0.9x |
| Thu, 26 Aug 2021 | kr125.9b | kr150.0b | kr9.2b | 4.6x | 13.7x | 0.8x |
| Fri, 02 Jul 2021 | kr116.7b | kr150.0b | kr9.2b | 4.9x | 12.7x | 0.8x |
| Mon, 05 Apr 2021 | kr116.0b | kr140.4b | kr5.6b | 5.5x | 20.7x | 0.8x |
| Thu, 07 Jan 2021 | kr82.1b | kr138.5b | kr1.9b | 24.6x | 43.6x | 0.6x |
| Wed, 30 Sep 2020 | kr53.1b | kr126.0b | -kr3,493,748,601.13 | 7.3x | -15.2x | 0.4x |
| Sat, 04 Jul 2020 | kr54.7b | kr130.4b | -kr4,585,592,734.00 | n/a | -11.9x | 0.4x |
| Tue, 07 Apr 2020 | kr46.5b | kr144.2b | -kr3,411,842,750.00 | n/a | -13.6x | 0.3x |
| Fri, 10 Jan 2020 | kr67.0b | kr150.2b | -kr1,888,724,434.92 | 26.1x | -35.5x | 0.4x |
Price to Earnings Ratio
-31.9x
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 Market | 0.74% | |
| Materials | -2.05% | |
| Metals and Mining | -1.84% | |
| Steel | 1.91% | |
| Copper | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RANA Rana Gruber | kr44.40 | 4.0% +kr63.0m | 1.0% | PE7x | |
| GEM Green Minerals | kr8.60 | 7.5% +kr8.4m | -7.6% | PB5.3x |