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Norwegian (OSEAX) Aluminum Industry Analysis

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies1
  • 7D4.3%
  • 3M16.9%
  • 1Y30.2%
  • YTDn/a

In the last week, the Aluminum industry is up 4.3%, with all of the companies up. This means that the industry has gained 30% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026NOK 161.4bNOK 215.8bNOK 11.0b14.7x14.7x0.7x
Sun, 07 Dec 2025NOK 146.3bNOK 215.8bNOK 11.0b13.3x13.3x0.7x
Tue, 04 Nov 2025NOK 135.2bNOK 215.8bNOK 11.0b12.3x12.3x0.6x
Thu, 02 Oct 2025NOK 136.0bNOK 215.4bNOK 9.6b14.2x14.2x0.6x
Sat, 30 Aug 2025NOK 129.0bNOK 215.4bNOK 9.6b13.4x13.4x0.6x
Mon, 28 Jul 2025NOK 126.3bNOK 215.4bNOK 9.6b13.2x13.2x0.6x
Wed, 25 Jun 2025NOK 109.5bNOK 213.2bNOK 9.7b11.3x11.3x0.5x
Fri, 23 May 2025NOK 110.5bNOK 213.2bNOK 9.7b11.4x11.4x0.5x
Sun, 20 Apr 2025NOK 104.4bNOK 203.6bNOK 5.8b18x18x0.5x
Tue, 18 Mar 2025NOK 135.9bNOK 203.6bNOK 5.8b23.5x23.5x0.7x
Thu, 13 Feb 2025NOK 129.8bNOK 195.3bNOK 1.3b96.8x96.8x0.7x
Sat, 11 Jan 2025NOK 127.3bNOK 195.3bNOK 1.3b94.9x94.9x0.7x
Mon, 09 Dec 2024NOK 133.4bNOK 195.3bNOK 1.3b99.5x99.5x0.7x
Wed, 06 Nov 2024NOK 139.7bNOK 195.3bNOK 1.3b104.2x104.2x0.7x
Fri, 04 Oct 2024NOK 134.2bNOK 189.9bNOK 191.0m702.8x702.8x0.7x
Sun, 01 Sep 2024NOK 118.5bNOK 189.9bNOK 191.0m620.4x620.4x0.6x
Tue, 30 Jul 2024NOK 119.5bNOK 189.9bNOK 191.0m625.4x625.4x0.6x
Thu, 27 Jun 2024NOK 131.0bNOK 192.6bNOK 3.3b40.2x40.2x0.7x
Sat, 25 May 2024NOK 138.1bNOK 192.6bNOK 3.3b42.4x42.4x0.7x
Mon, 22 Apr 2024NOK 141.8bNOK 193.6bNOK 3.6b39.6x39.6x0.7x
Wed, 20 Mar 2024NOK 116.5bNOK 193.6bNOK 3.6b32.5x32.5x0.6x
Fri, 16 Feb 2024NOK 112.3bNOK 198.3bNOK 3.6b31.3x31.3x0.6x
Sun, 14 Jan 2024NOK 128.6bNOK 190.9bNOK 6.4b20.2x20.2x0.7x
Tue, 12 Dec 2023NOK 123.9bNOK 190.9bNOK 6.4b19.5x19.5x0.6x
Thu, 09 Nov 2023NOK 126.3bNOK 190.9bNOK 6.4b19.8x19.8x0.7x
Sat, 07 Oct 2023NOK 123.7bNOK 198.7bNOK 13.6b9.1x9.1x0.6x
Mon, 04 Sep 2023NOK 124.9bNOK 198.7bNOK 13.6b9.2x9.2x0.6x
Wed, 02 Aug 2023NOK 134.9bNOK 198.7bNOK 13.6b9.9x9.9x0.7x
Fri, 30 Jun 2023NOK 130.3bNOK 209.8bNOK 19.6b6.6x6.6x0.6x
Sun, 28 May 2023NOK 141.8bNOK 207.9bNOK 24.1b5.9x5.9x0.7x
Tue, 25 Apr 2023NOK 165.0bNOK 207.9bNOK 24.1b6.8x6.8x0.8x
Thu, 23 Mar 2023NOK 150.3bNOK 207.9bNOK 24.1b6.2x6.2x0.7x
Sat, 18 Feb 2023NOK 157.8bNOK 207.9bNOK 24.1b6.5x6.5x0.8x
Mon, 16 Jan 2023NOK 156.4bNOK 210.3bNOK 31.0b5x5x0.7x
Price to Earnings Ratio

5x


Total Market Cap: NOK 156.4bTotal 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-0.54%
Materials0.67%
Metals and Mining4.13%
Aluminum4.32%
Gold0%0
Steel-0.13%
Diversified Metals and Mining-4.46%
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 80.142.5%
+NOK 3.8b		24.3%PE14.4x

Latest News

NHY
NOK 80.14
Norsk Hydro
7D
2.5%
1Y
24.3%

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.