Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedSep 03, 2025
DataAggregated Company Financials
Companies4
  • 7D-3.4%
  • 3M16.9%
  • 1Y11.6%
  • YTD-0.4%

Over the last 7 days, the Metals and Mining industry has dropped 1.2%, driven by Norsk Hydro declining 1.0%. In the past year, the industry has gained 8.5%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Sep 2025NOK 131.7bNOK 217.0bNOK 9.8b9.9x13.4x0.6x
Fri, 01 Aug 2025NOK 127.1bNOK 217.0bNOK 9.9b9.9x12.8x0.6x
Sun, 29 Jun 2025NOK 119.1bNOK 214.8bNOK 10.0b9.3x11.9x0.6x
Tue, 27 May 2025NOK 117.5bNOK 214.8bNOK 9.9b9.3x11.8x0.5x
Thu, 24 Apr 2025NOK 115.7bNOK 205.3bNOK 6.0b13.1x19.3x0.6x
Sat, 22 Mar 2025NOK 135.6bNOK 205.3bNOK 6.0b14.7x22.6x0.7x
Mon, 17 Feb 2025NOK 135.7bNOK 205.5bNOK 6.1b14.1x22.2x0.7x
Wed, 15 Jan 2025NOK 134.8bNOK 197.2bNOK 1.8b50.9x75.7x0.7x
Fri, 13 Dec 2024NOK 135.8bNOK 197.2bNOK 1.8b51.3x76.2x0.7x
Sun, 10 Nov 2024NOK 143.8bNOK 197.3bNOK 1.8b54.2x78.6x0.7x
Tue, 08 Oct 2024NOK 143.9bNOK 191.9bNOK 669.6m363.4x214.9x0.8x
Thu, 05 Sep 2024NOK 118.1bNOK 191.9bNOK 669.6m297.6x176.3x0.6x
Sat, 03 Aug 2024NOK 120.0bNOK 191.7bNOK 642.5m302.4x186.7x0.6x
Mon, 01 Jul 2024NOK 138.2bNOK 194.4bNOK 3.7b23.1x37.2x0.7x
Wed, 29 May 2024NOK 147.8bNOK 194.4bNOK 3.7b24.5x39.8x0.8x
Fri, 26 Apr 2024NOK 141.5bNOK 195.6bNOK 4.0b22x35.5x0.7x
Sun, 24 Mar 2024NOK 127.1bNOK 195.6bNOK 4.0b19.9x31.8x0.6x
Tue, 20 Feb 2024NOK 119.2bNOK 195.6bNOK 4.0b18.8x29.9x0.6x
Thu, 18 Jan 2024NOK 126.1bNOK 192.6bNOK 6.8b11.9x18.5x0.7x
Sat, 16 Dec 2023NOK 138.9bNOK 192.6bNOK 6.8b13.1x20.4x0.7x
Mon, 13 Nov 2023NOK 126.5bNOK 192.4bNOK 6.7b12x18.8x0.7x
Wed, 11 Oct 2023NOK 130.2bNOK 200.1bNOK 14.0b6.8x9.3x0.7x
Fri, 08 Sep 2023NOK 125.3bNOK 200.1bNOK 14.0b6.5x9x0.6x
Sun, 06 Aug 2023NOK 136.4bNOK 200.1bNOK 14.1b6.8x9.7x0.7x
Tue, 04 Jul 2023NOK 135.2bNOK 211.2bNOK 20.2b5.2x6.7x0.6x
Thu, 01 Jun 2023NOK 140.5bNOK 209.3bNOK 24.6b4.6x5.7x0.7x
Sat, 29 Apr 2023NOK 163.3bNOK 209.4bNOK 24.7b6.2x6.6x0.8x
Mon, 27 Mar 2023NOK 149.9bNOK 209.4bNOK 24.7b6x6.1x0.7x
Wed, 22 Feb 2023NOK 168.8bNOK 209.4bNOK 24.8b4.7x6.8x0.8x
Fri, 20 Jan 2023NOK 166.7bNOK 211.6bNOK 31.4b5.3x5.3x0.8x
Sun, 18 Dec 2022NOK 144.4bNOK 211.6bNOK 31.4b4.6x4.6x0.7x
Tue, 15 Nov 2022NOK 153.6bNOK 211.6bNOK 31.4b4.9x4.9x0.7x
Thu, 13 Oct 2022NOK 120.4bNOK 195.8bNOK 25.8b3.6x4.7x0.6x
Sat, 10 Sep 2022NOK 141.5bNOK 195.8bNOK 25.8b4x5.5x0.7x
Price to Earnings Ratio

5.5x


Total Market Cap: NOK 141.5bTotal Earnings: NOK 25.8bTotal Revenue: NOK 195.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 37.1x202320242025
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 13.6x which is lower than its 3-year average PE of 37.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.5% per year.
  • This means that although more sales are being generated, 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-1.37%
Materials-3.61%
Metals and Mining-3.35%
Gold0%0
Diversified Metals and Mining-1.07%
Aluminum-3.25%
Steel-10.08%
Industry PE
  • Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 78.0x.
    • Analysts are expecting annual earnings growth of 10.7%, which is lower than the prior year's growth of 4,921.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 11% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings grow by 8.5% 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
AKOBO Akobo MineralsNOK 1.704.9%
+NOK 15.1m		-15.0%PS13.8x
GEM Green MineralsNOK 2.3510.8%
+NOK 4.6m		-68.4%PS7912.2x

Latest News

RANA
NOK 65.10
Rana Gruber
7D
-10.1%
1Y
0.2%

Investors Could Be Concerned With Rana Gruber's (OB:RANA) Returns On Capital

Sep 01
Investors Could Be Concerned With Rana Gruber's (OB:RANA) Returns On Capital
NOM
NOK 17.74
Nordic Mining
7D
-1.3%
1Y
-25.4%
NHY
NOK 64.36
Norsk Hydro
7D
-3.2%
1Y
12.8%
AKOBO
NOK 1.70
Akobo Minerals
7D
4.9%
1Y
-15.0%
GEM
NOK 2.35
Green Minerals
7D
10.8%
1Y
-68.4%