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Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies5
  • 7D0.5%
  • 3M-3.2%
  • 1Y9.6%
  • YTD4.2%

Over the last 7 days, the Metals and Mining industry has remained flat. The past year has been better, since the industry has gained 9.6% in that time. As for the next few years, earnings are expected to grow by 48% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025NOK 137.7bNOK 197.2bNOK 1.8b52.1x77.4x0.7x
Mon, 30 Dec 2024NOK 130.3bNOK 197.2bNOK 1.8b49.2x73.2x0.7x
Wed, 27 Nov 2024NOK 147.1bNOK 197.2bNOK 1.8b55.5x82.6x0.7x
Fri, 25 Oct 2024NOK 140.6bNOK 191.9bNOK 669.6m355.2x210x0.7x
Sun, 22 Sep 2024NOK 128.8bNOK 191.9bNOK 669.6m325.3x192.4x0.7x
Tue, 20 Aug 2024NOK 123.5bNOK 191.7bNOK 643.0m312x192x0.6x
Thu, 18 Jul 2024NOK 136.5bNOK 194.4bNOK 3.7b22.7x36.8x0.7x
Sat, 15 Jun 2024NOK 135.3bNOK 194.4bNOK 3.7b22.4x36.5x0.7x
Mon, 13 May 2024NOK 139.3bNOK 194.6bNOK 3.7b23.7x37.9x0.7x
Wed, 10 Apr 2024NOK 142.7bNOK 195.6bNOK 4.0b22.2x35.8x0.7x
Fri, 08 Mar 2024NOK 116.6bNOK 195.6bNOK 4.0b18.3x29.2x0.6x
Sun, 04 Feb 2024NOK 127.4bNOK 192.6bNOK 6.8b12.1x18.7x0.7x
Tue, 02 Jan 2024NOK 142.8bNOK 192.6bNOK 6.8b13.4x21x0.7x
Thu, 30 Nov 2023NOK 132.1bNOK 192.6bNOK 6.8b12.5x19.4x0.7x
Sat, 28 Oct 2023NOK 126.9bNOK 192.4bNOK 6.7b11.8x18.8x0.7x
Mon, 25 Sep 2023NOK 131.3bNOK 200.1bNOK 14.0b6.8x9.4x0.7x
Wed, 23 Aug 2023NOK 125.2bNOK 200.1bNOK 14.0b6.4x8.9x0.6x
Fri, 21 Jul 2023NOK 131.7bNOK 211.2bNOK 20.2b5.1x6.5x0.6x
Sun, 18 Jun 2023NOK 150.6bNOK 211.2bNOK 20.2b5.6x7.5x0.7x
Tue, 16 May 2023NOK 144.7bNOK 209.3bNOK 24.6b4.7x5.9x0.7x
Thu, 13 Apr 2023NOK 164.6bNOK 209.4bNOK 24.7b6.2x6.7x0.8x
Sat, 11 Mar 2023NOK 159.1bNOK 209.4bNOK 24.8b6.3x6.4x0.8x
Mon, 06 Feb 2023NOK 168.2bNOK 211.6bNOK 31.4b5.3x5.4x0.8x
Wed, 04 Jan 2023NOK 149.8bNOK 211.6bNOK 31.4b4.7x4.8x0.7x
Fri, 02 Dec 2022NOK 152.7bNOK 211.6bNOK 31.4b4.8x4.9x0.7x
Sun, 30 Oct 2022NOK 137.6bNOK 211.6bNOK 31.6b3.8x4.4x0.7x
Tue, 27 Sep 2022NOK 120.5bNOK 195.8bNOK 25.8b3.6x4.7x0.6x
Thu, 25 Aug 2022NOK 144.7bNOK 195.8bNOK 25.8b4.4x5.6x0.7x
Sat, 23 Jul 2022NOK 117.2bNOK 166.0bNOK 16.5b3.8x7.1x0.7x
Mon, 20 Jun 2022NOK 128.1bNOK 166.0bNOK 16.5b4x7.8x0.8x
Wed, 18 May 2022NOK 146.7bNOK 166.0bNOK 16.7b4.4x8.8x0.9x
Fri, 15 Apr 2022NOK 188.9bNOK 151.3bNOK 12.7b15.2x14.9x1.2x
Sun, 13 Mar 2022NOK 176.7bNOK 151.6bNOK 12.8b16.9x13.9x1.2x
Tue, 08 Feb 2022NOK 154.2bNOK 159.1bNOK 10.4b25.8x14.9x1x
Price to Earnings Ratio

14.9x


Total Market Cap: NOK 154.2bTotal Earnings: NOK 10.4bTotal Revenue: NOK 159.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 35.2x202320242025
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 77.4x which is higher than its 3-year average PE of 35.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 44% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.4% 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 Market1.61%
Materials2.39%
Metals and Mining0.48%
Steel3.38%
Diversified Metals and Mining2.17%
Aluminum0.39%
Copper0%0
Gold0%0
Precious Metals and Minerals0%0
Silver0%0
Industry PE
  • Investors are most optimistic about the Aluminum industry which is trading above its 3-year average PE ratio of 75.9x.
    • Analysts are expecting annual earnings growth of 48.8%, which is higher than its past year's earnings decline of 78.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings decline of 79% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings decline by 49% 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 HydroNOK 66.960.4%
+NOK 513.7m		9.6%PE98.7x
RANA Rana GruberNOK 73.502.9%
+NOK 77.9m		-3.4%PE5.5x
NOM Nordic MiningNOK 21.902.3%
+NOK 53.1m		42.8%PB1.6x
VGM Vow Green MetalsNOK 1.358.0%
+NOK 20.3m		-32.2%PB1.4x
AKOBO Akobo MineralsNOK 2.022.5%
+NOK 9.4m		-12.2%PE-1.9x
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Latest News

NHY

NOK 66.96

Norsk Hydro

7D

0.4%

1Y

9.6%

VGM

NOK 1.35

Vow Green Metals

7D

8.0%

1Y

-32.2%

RANA

NOK 73.50

Rana Gruber

7D

2.9%

1Y

-3.4%

GEM

NOK 3.79

Green Minerals

7D

-2.6%

1Y

-30.8%

NOM

NOK 21.90

Nordic Mining

7D

2.3%

1Y

42.8%

AKOBO

NOK 2.02

Akobo Minerals

7D

2.5%

1Y

-12.2%