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Norwegian (OSEAX) Steel Industry Analysis

UpdatedJan 31, 2025
DataAggregated Company Financials
Companies2
  • 7D2.2%
  • 3M-2.2%
  • 1Y-7.7%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.9%, driven by declines from every company within the industry. The industry has fallen 9.6% in the last year. Earnings are forecast to grow by 7.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jan 2025NOK 3.0bNOK 1.8bNOK 459.7m5.5x6.4x1.6x
Sun, 29 Dec 2024NOK 2.9bNOK 1.8bNOK 459.7m5.7x6.4x1.6x
Tue, 26 Nov 2024NOK 2.9bNOK 1.8bNOK 459.7m5.7x6.3x1.6x
Thu, 24 Oct 2024NOK 3.0bNOK 1.9bNOK 509.5m5.2x5.8x1.5x
Sat, 21 Sep 2024NOK 2.6bNOK 1.9bNOK 509.5m4.6x5.2x1.4x
Mon, 19 Aug 2024NOK 2.8bNOK 1.7bNOK 500.4m4.8x5.5x1.6x
Wed, 17 Jul 2024NOK 3.0bNOK 1.7bNOK 500.4m5.2x6x1.7x
Fri, 14 Jun 2024NOK 3.0bNOK 1.7bNOK 500.4m5x5.9x1.7x
Sun, 12 May 2024NOK 3.4bNOK 1.9bNOK 463.7m6.4x7.4x1.8x
Tue, 09 Apr 2024NOK 3.2bNOK 1.9bNOK 463.7m5.9x6.9x1.6x
Thu, 07 Mar 2024NOK 2.9bNOK 1.9bNOK 463.8m5.4x6.2x1.5x
Sat, 03 Feb 2024NOK 3.2bNOK 1.7bNOK 550.7m4.9x5.7x1.9x
Mon, 01 Jan 2024NOK 3.3bNOK 1.7bNOK 550.7m5.2x5.9x1.9x
Wed, 29 Nov 2023NOK 3.3bNOK 1.7bNOK 550.7m5x5.9x1.9x
Fri, 27 Oct 2023NOK 2.6bNOK 1.5bNOK 490.0m4.3x5.4x1.8x
Sun, 24 Sep 2023NOK 2.6bNOK 1.5bNOK 490.0m4.2x5.3x1.8x
Tue, 22 Aug 2023NOK 2.6bNOK 1.4bNOK 544.5m3.8x4.9x1.9x
Thu, 20 Jul 2023NOK 2.4bNOK 1.4bNOK 544.5m3.7x4.5x1.7x
Sat, 17 Jun 2023NOK 2.4bNOK 1.4bNOK 544.5m3.7x4.5x1.7x
Mon, 15 May 2023NOK 2.5bNOK 1.4bNOK 544.5m3.8x4.6x1.8x
Wed, 12 Apr 2023NOK 2.6bNOK 1.4bNOK 466.9m4.7x5.7x1.9x
Fri, 10 Mar 2023NOK 2.7bNOK 1.4bNOK 479.2m4.7x5.6x1.9x
Sun, 05 Feb 2023NOK 2.7bNOK 1.3bNOK 218.6m9.6x12.4x2.1x
Tue, 03 Jan 2023NOK 2.3bNOK 1.3bNOK 218.6m7.9x10.4x1.7x
Thu, 01 Dec 2022NOK 2.0bNOK 1.3bNOK 218.6m7x9.3x1.6x
Sat, 29 Oct 2022NOK 1.9bNOK 1.3bNOK 380.3m3.8x4.9x1.5x
Mon, 26 Sep 2022NOK 1.8bNOK 1.3bNOK 380.3m3.7x4.7x1.4x
Wed, 24 Aug 2022NOK 2.3bNOK 1.7bNOK 426.8m4.1x5.3x1.3x
Fri, 22 Jul 2022NOK 2.1bNOK 1.7bNOK 426.8m3.8x5x1.3x
Sun, 19 Jun 2022NOK 2.2bNOK 1.7bNOK 426.8m4x5.1x1.3x
Tue, 17 May 2022NOK 2.5bNOK 1.7bNOK 426.8m4.4x5.8x1.5x
Thu, 14 Apr 2022NOK 2.9bNOK 1.7bNOK 580.3m3.9x4.9x1.7x
Sat, 12 Mar 2022NOK 3.4bNOK 2.0bNOK 618.4m11.8x5.6x1.7x
Mon, 07 Feb 2022NOK 3.2bNOK 2.2bNOK 570.9m25.3x5.5x1.5x
Price to Earnings Ratio

5.5x


Total Market Cap: NOK 3.2bTotal Earnings: NOK 570.9mTotal Revenue: NOK 2.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Steel Industry Price to Earnings3Y Average 6x202320242025
Current Industry PE
    There are only 2 companies in the Norwegian Steel 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 Steel industry have declined 7.0% per year over the last three years,
  • Revenues have also declined 5.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Norwegian Steel compare with similar industries?

NO Market0.82%
Materials3.41%
Metals and Mining1.96%
Steel2.24%
Diversified Metals and Mining3.63%
Aluminum1.93%
Copper0%0
Gold0%0
Precious Metals and Minerals0%0
Silver0%0
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
RANA Rana GruberNOK 73.302.5%
+NOK 66.8m		-4.2%PE5.5x
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