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

Norwegian (OSEAX) Aluminum Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies1
  • 7D1.1%
  • 3M23.1%
  • 1Y88.6%
  • YTDn/a

In the last week, the Aluminum industry is up 13%, with all of the companies up. In the last 12 months, the industry was up 80%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026NOK 201.6bNOK 208.0bNOK 6.7b30x30x1x
Thu, 05 Mar 2026NOK 180.5bNOK 208.0bNOK 6.7b26.9x26.9x0.9x
Sat, 31 Jan 2026NOK 170.8bNOK 215.8bNOK 11.0b15.5x15.5x0.8x
Mon, 29 Dec 2025NOK 154.1bNOK 215.8bNOK 11.0b14x14x0.7x
Wed, 26 Nov 2025NOK 141.7bNOK 215.8bNOK 11.0b12.9x12.9x0.7x
Fri, 24 Oct 2025NOK 140.2bNOK 215.4bNOK 9.6b14.6x14.6x0.7x
Sun, 21 Sep 2025NOK 131.1bNOK 215.4bNOK 9.6b13.7x13.7x0.6x
Tue, 19 Aug 2025NOK 127.7bNOK 215.4bNOK 9.6b13.3x13.3x0.6x
Thu, 17 Jul 2025NOK 119.0bNOK 213.2bNOK 9.7b12.3x12.3x0.6x
Sat, 14 Jun 2025NOK 109.1bNOK 213.2bNOK 9.7b11.3x11.3x0.5x
Mon, 12 May 2025NOK 112.7bNOK 213.2bNOK 9.7b11.6x11.6x0.5x
Wed, 09 Apr 2025NOK 106.8bNOK 203.6bNOK 5.8b18.5x18.5x0.5x
Fri, 07 Mar 2025NOK 141.2bNOK 203.6bNOK 5.8b24.4x24.4x0.7x
Sun, 02 Feb 2025NOK 132.3bNOK 195.3bNOK 1.3b98.7x98.7x0.7x
Tue, 31 Dec 2024NOK 124.2bNOK 195.3bNOK 1.3b92.6x92.6x0.6x
Thu, 28 Nov 2024NOK 135.9bNOK 195.3bNOK 1.3b101.4x101.4x0.7x
Sat, 26 Oct 2024NOK 136.4bNOK 195.3bNOK 1.3b101.7x101.7x0.7x
Mon, 23 Sep 2024NOK 123.4bNOK 189.9bNOK 191.0m645.9x645.9x0.6x
Wed, 21 Aug 2024NOK 119.0bNOK 189.9bNOK 191.0m623.2x623.2x0.6x
Fri, 19 Jul 2024NOK 130.7bNOK 192.6bNOK 3.3b40.1x40.1x0.7x
Sun, 16 Jun 2024NOK 130.0bNOK 192.6bNOK 3.3b39.9x39.9x0.7x
Tue, 14 May 2024NOK 136.0bNOK 192.6bNOK 3.3b41.7x41.7x0.7x
Thu, 11 Apr 2024NOK 137.3bNOK 193.6bNOK 3.6b38.3x38.3x0.7x
Sat, 09 Mar 2024NOK 111.9bNOK 193.6bNOK 3.6b31.2x31.2x0.6x
Mon, 05 Feb 2024NOK 122.5bNOK 190.9bNOK 6.4b19.2x19.2x0.6x
Wed, 03 Jan 2024NOK 137.4bNOK 190.9bNOK 6.4b21.6x21.6x0.7x
Fri, 01 Dec 2023NOK 126.6bNOK 190.9bNOK 6.4b19.9x19.9x0.7x
Sun, 29 Oct 2023NOK 122.8bNOK 190.9bNOK 6.4b19.3x19.3x0.6x
Tue, 26 Sep 2023NOK 127.8bNOK 198.7bNOK 13.6b9.4x9.4x0.6x
Thu, 24 Aug 2023NOK 119.8bNOK 198.7bNOK 13.6b8.8x8.8x0.6x
Sat, 22 Jul 2023NOK 125.0bNOK 209.8bNOK 19.6b6.4x6.4x0.6x
Mon, 19 Jun 2023NOK 146.9bNOK 209.8bNOK 19.6b7.5x7.5x0.7x
Wed, 17 May 2023NOK 140.6bNOK 207.9bNOK 24.1b5.8x5.8x0.7x
Fri, 14 Apr 2023NOK 162.8bNOK 207.9bNOK 24.1b6.7x6.7x0.8x
Price to Earnings Ratio

6.7x


Total Market Cap: NOK 162.8bTotal Earnings: NOK 24.1bTotal Revenue: NOK 207.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Aluminum Industry Price to Earnings3Y Average 80.3x202420252026
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 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 Comparison

How does Norwegian Aluminum compare with similar industries?

NO Market0.33%
Materials0.81%
Metals and Mining1.12%
Aluminum1.13%
Diversified Metals and Mining2.11%
Gold0%0
Steel-0.25%
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 106.754.1%
+NOK 8.4b		97.3%PE31.2x

Latest News

NHY
NOK 106.75
Norsk Hydro
7D
4.1%
1Y
97.3%

NHY: Extrusion Restructuring And Dividend Will Support Higher Future Earnings Multiples

Norsk Hydro's updated fair value estimate moves to NOK 120 from NOK 110, as analysts factor in slightly higher assumed revenue growth, modestly stronger profit margins, a lower discount rate, and a higher future P/E multiple, supported by a recent series of price target increases and rating upgrades across the Street. Analyst Commentary Recent research on Norsk Hydro shows a mixed set of opinions, but there has been a clear cluster of more constructive views alongside the latest fair value update.