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Norwegian (OSEAX) Aluminum Industry Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies1
  • 7D2.8%
  • 3M19.4%
  • 1Y26.9%
  • YTDn/a

Over the last 7 days, the Aluminum industry has risen 4.3%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 30%. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Norwegian Aluminum Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Jan 2026NOK 161.6bNOK 215.8bNOK 11.0b14.7x14.7x0.7x
Mon, 08 Dec 2025NOK 146.3bNOK 215.8bNOK 11.0b13.3x13.3x0.7x
Wed, 05 Nov 2025NOK 133.3bNOK 215.8bNOK 11.0b12.1x12.1x0.6x
Fri, 03 Oct 2025NOK 135.3bNOK 215.4bNOK 9.6b14.1x14.1x0.6x
Sun, 31 Aug 2025NOK 129.0bNOK 215.4bNOK 9.6b13.4x13.4x0.6x
Tue, 29 Jul 2025NOK 125.0bNOK 215.4bNOK 9.6b13x13x0.6x
Thu, 26 Jun 2025NOK 109.6bNOK 213.2bNOK 9.7b11.3x11.3x0.5x
Sat, 24 May 2025NOK 110.1bNOK 213.2bNOK 9.7b11.4x11.4x0.5x
Mon, 21 Apr 2025NOK 104.4bNOK 203.6bNOK 5.8b18x18x0.5x
Wed, 19 Mar 2025NOK 137.1bNOK 203.6bNOK 5.8b23.7x23.7x0.7x
Fri, 14 Feb 2025NOK 131.9bNOK 195.3bNOK 1.3b98.3x98.3x0.7x
Sun, 12 Jan 2025NOK 127.2bNOK 195.3bNOK 1.3b94.9x94.9x0.7x
Tue, 10 Dec 2024NOK 134.2bNOK 195.3bNOK 1.3b100.1x100.1x0.7x
Thu, 07 Nov 2024NOK 136.3bNOK 195.3bNOK 1.3b101.7x101.7x0.7x
Sat, 05 Oct 2024NOK 137.4bNOK 189.9bNOK 191.0m719.2x719.2x0.7x
Mon, 02 Sep 2024NOK 118.5bNOK 189.9bNOK 191.0m620.4x620.4x0.6x
Wed, 31 Jul 2024NOK 117.5bNOK 189.9bNOK 191.0m615.4x615.4x0.6x
Fri, 28 Jun 2024NOK 131.6bNOK 192.6bNOK 3.3b40.4x40.4x0.7x
Sun, 26 May 2024NOK 138.1bNOK 192.6bNOK 3.3b42.4x42.4x0.7x
Tue, 23 Apr 2024NOK 141.8bNOK 193.6bNOK 3.6b39.6x39.6x0.7x
Thu, 21 Mar 2024NOK 118.8bNOK 193.6bNOK 3.6b33.2x33.2x0.6x
Sat, 17 Feb 2024NOK 116.9bNOK 193.6bNOK 3.6b32.6x32.6x0.6x
Mon, 15 Jan 2024NOK 128.6bNOK 190.9bNOK 6.4b20.2x20.2x0.7x
Wed, 13 Dec 2023NOK 126.0bNOK 190.9bNOK 6.4b19.8x19.8x0.7x
Fri, 10 Nov 2023NOK 126.0bNOK 190.9bNOK 6.4b19.8x19.8x0.7x
Sun, 08 Oct 2023NOK 123.7bNOK 198.7bNOK 13.6b9.1x9.1x0.6x
Tue, 05 Sep 2023NOK 127.2bNOK 198.7bNOK 13.6b9.4x9.4x0.6x
Thu, 03 Aug 2023NOK 132.9bNOK 198.7bNOK 13.6b9.8x9.8x0.7x
Sat, 01 Jul 2023NOK 129.9bNOK 209.8bNOK 19.6b6.6x6.6x0.6x
Mon, 29 May 2023NOK 141.8bNOK 207.9bNOK 24.1b5.9x5.9x0.7x
Wed, 26 Apr 2023NOK 159.1bNOK 207.9bNOK 24.1b6.6x6.6x0.8x
Fri, 24 Mar 2023NOK 148.8bNOK 207.9bNOK 24.1b6.2x6.2x0.7x
Sun, 19 Feb 2023NOK 157.8bNOK 207.9bNOK 24.1b6.5x6.5x0.8x
Tue, 17 Jan 2023NOK 159.1bNOK 210.3bNOK 31.0b5.1x5.1x0.8x
Price to Earnings Ratio

5.1x


Total Market Cap: NOK 159.1bTotal Earnings: NOK 31.0bTotal Revenue: NOK 210.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Aluminum Industry Price to Earnings3Y Average 79x202420252026
Current Industry PE
    There is only one company in the Norwegian Aluminum 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 Aluminum industry have declined 29% 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 Comparison

How does Norwegian Aluminum compare with similar industries?

NO Market-0.15%
Materials0.12%
Metals and Mining2.65%
Aluminum2.79%
Steel0.13%
Gold0%0
Diversified Metals and Mining-5.25%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NHY Norsk HydroNOK 81.682.8%
+NOK 4.4b		26.9%PE14.7x

Latest News

NHY
NOK 81.68
Norsk Hydro
7D
2.8%
1Y
26.9%

NHY: Rising Aluminum Price Hopes Will Likely Prove Overly Optimistic

The analyst fair value estimate for Norsk Hydro has been raised from approximately NOK 46.0 to NOK 50.3. This change reflects analysts' upward revisions to price targets following continued Overweight and Outperform ratings, as well as a stronger outlook for profitability despite modestly weaker revenue growth assumptions. Analyst Commentary Recent research updates have generally reflected a constructive stance on Norsk Hydro, with multiple price target increases signalling confidence in the companys earnings resilience and balance sheet strength.