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Norwegian (OSEAX) Metals and Mining Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies3
  • 7D-4.1%
  • 3M17.1%
  • 1Y90.6%
  • YTD36.9%

Over the last 7 days, the Metals and Mining industry has dropped 5.4%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 95%. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026NOK 217.0bNOK 201.3bNOK 5.5b35.3x39.5x1.1x
Wed, 13 May 2026NOK 205.9bNOK 201.3bNOK 5.7b33.4x36.3x1x
Fri, 10 Apr 2026NOK 214.5bNOK 209.5bNOK 6.6b20.5x32.6x1x
Sun, 08 Mar 2026NOK 182.3bNOK 209.5bNOK 6.6b18x27.7x0.9x
Tue, 03 Feb 2026NOK 174.5bNOK 217.4bNOK 11.0b12.1x15.8x0.8x
Thu, 01 Jan 2026NOK 159.6bNOK 217.4bNOK 11.0b11.4x14.5x0.7x
Sat, 29 Nov 2025NOK 147.4bNOK 217.4bNOK 11.0b10.2x13.4x0.7x
Mon, 27 Oct 2025NOK 139.2bNOK 217.4bNOK 11.1b10.1x12.5x0.6x
Wed, 24 Sep 2025NOK 136.6bNOK 216.9bNOK 9.7b11.1x14x0.6x
Fri, 22 Aug 2025NOK 133.8bNOK 217.0bNOK 9.8b10.4x13.6x0.6x
Sun, 20 Jul 2025NOK 125.5bNOK 214.8bNOK 10.0b9.6x12.6x0.6x
Tue, 17 Jun 2025NOK 116.9bNOK 214.8bNOK 9.9b9.4x11.8x0.5x
Thu, 15 May 2025NOK 119.8bNOK 214.8bNOK 9.9b9.5x12.1x0.6x
Sat, 12 Apr 2025NOK 110.0bNOK 205.3bNOK 6.0b12.5x18.4x0.5x
Mon, 10 Mar 2025NOK 144.0bNOK 205.3bNOK 6.0b15.5x24x0.7x
Wed, 05 Feb 2025NOK 135.8bNOK 197.2bNOK 1.8b51.7x76.3x0.7x
Fri, 03 Jan 2025NOK 132.8bNOK 197.2bNOK 1.8b50.2x74.6x0.7x
Sun, 01 Dec 2024NOK 141.5bNOK 197.2bNOK 1.8b53.5x79.4x0.7x
Tue, 29 Oct 2024NOK 142.2bNOK 197.3bNOK 1.8b53.4x78.1x0.7x
Thu, 26 Sep 2024NOK 134.8bNOK 191.9bNOK 669.6m340.4x201.2x0.7x
Sat, 24 Aug 2024NOK 124.3bNOK 191.7bNOK 636.9m314.4x195.2x0.6x
Mon, 22 Jul 2024NOK 132.2bNOK 194.4bNOK 3.7b22x35.6x0.7x
Wed, 19 Jun 2024NOK 133.9bNOK 194.4bNOK 3.7b22.4x36.1x0.7x
Fri, 17 May 2024NOK 140.0bNOK 194.4bNOK 3.7b23.3x37.7x0.7x
Sun, 14 Apr 2024NOK 149.1bNOK 195.6bNOK 4.0b23.1x37.4x0.8x
Tue, 12 Mar 2024NOK 115.0bNOK 195.6bNOK 4.0b18.1x28.8x0.6x
Thu, 08 Feb 2024NOK 123.5bNOK 192.6bNOK 6.9b11.8x18x0.6x
Sat, 06 Jan 2024NOK 139.5bNOK 192.6bNOK 6.8b13.1x20.5x0.7x
Mon, 04 Dec 2023NOK 135.1bNOK 192.6bNOK 6.8b12.8x19.9x0.7x
Wed, 01 Nov 2023NOK 133.1bNOK 192.4bNOK 6.7b12.4x19.7x0.7x
Fri, 29 Sep 2023NOK 137.2bNOK 200.1bNOK 14.0b7x9.8x0.7x
Sun, 27 Aug 2023NOK 122.0bNOK 200.1bNOK 14.0b6.3x8.7x0.6x
Tue, 25 Jul 2023NOK 130.3bNOK 200.8bNOK 14.1b6.5x9.2x0.6x
Thu, 22 Jun 2023NOK 137.3bNOK 211.2bNOK 20.2b5.2x6.8x0.6x
Price to Earnings Ratio

6.8x


Total Market Cap: NOK 137.3bTotal Earnings: NOK 20.2bTotal Revenue: NOK 211.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Metals and Mining Industry Price to Earnings3Y Average 41.4x202420252026
Current Industry PE
    There are only 3 companies in the Norwegian Metals and Mining industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 35% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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-0.15%
Materials-1.95%
Metals and Mining-4.13%
Gold0%0
Steel0%0
Aluminum-4.10%
Diversified Metals and Mining-7.86%
Industry PE
  • Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 82.0x.
    • Analysts are expecting annual earnings growth of 23.4%, which is higher than its past year's earnings decline of 36.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 37% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 23% 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
No data available

Latest News

NHY
NOK 109.80
Norsk Hydro
7D
-4.1%
1Y
94.5%
Narrative Update • Jun 02

NHY: Future Aluminum Price Optimism Will Likely Outrun Earnings Delivery Risks

The analyst fair value estimate for Norsk Hydro has been revised from NOK 50.26 to NOK 69.52. Analysts cite a series of recent price target increases, upgrades and conviction list additions as they factor in updated expectations for revenue growth, profit margins and a higher future P/E multiple.
GEM
NOK 1.26
Green Minerals
7D
-2.7%
1Y
-44.5%
NOM
NOK 9.13
Nordic Mining
7D
-8.0%
1Y
-59.7%
AKOBO
NOK 1.50
Akobo Minerals
7D
-6.3%
1Y
63.4%