Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Norwegian (OSEAX) Steel Industry Analysis

UpdatedApr 16, 2025
DataAggregated Company Financials
Companies2
  • 7D-0.04%
  • 3M-10.4%
  • 1Y-18.9%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.5%, driven by a pullback from Vow Green Metals of 25%. The industry has fallen 20% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 16 Apr 2025NOK 2.7bNOK 1.7bNOK 331.2m6.9x8.1x1.6x
Fri, 14 Mar 2025NOK 2.8bNOK 1.7bNOK 334.7m7x8.5x1.7x
Sun, 09 Feb 2025NOK 3.0bNOK 1.8bNOK 459.7m5.6x6.5x1.6x
Tue, 07 Jan 2025NOK 2.9bNOK 1.8bNOK 459.7m5.7x6.4x1.6x
Thu, 05 Dec 2024NOK 2.9bNOK 1.8bNOK 459.7m5.7x6.4x1.6x
Sat, 02 Nov 2024NOK 3.1bNOK 1.9bNOK 509.5m5.4x6x1.6x
Mon, 30 Sep 2024NOK 2.8bNOK 1.9bNOK 509.5m4.9x5.5x1.5x
Wed, 28 Aug 2024NOK 2.8bNOK 1.7bNOK 494.4m4.9x5.7x1.6x
Fri, 26 Jul 2024NOK 2.9bNOK 1.7bNOK 500.4m5x5.8x1.7x
Sun, 23 Jun 2024NOK 3.0bNOK 1.7bNOK 500.4m5.3x6x1.7x
Tue, 21 May 2024NOK 3.1bNOK 1.7bNOK 500.4m5.3x6.2x1.8x
Thu, 18 Apr 2024NOK 3.3bNOK 1.9bNOK 463.7m6.1x7.1x1.7x
Sat, 16 Mar 2024NOK 2.9bNOK 1.9bNOK 463.8m5.4x6.3x1.5x
Mon, 12 Feb 2024NOK 3.1bNOK 1.7bNOK 550.7m4.8x5.6x1.8x
Wed, 10 Jan 2024NOK 3.2bNOK 1.7bNOK 550.7m4.9x5.8x1.9x
Fri, 08 Dec 2023NOK 3.2bNOK 1.7bNOK 550.7m5x5.9x1.9x
Sun, 05 Nov 2023NOK 2.7bNOK 1.5bNOK 490.0m4.6x5.6x1.9x
Tue, 03 Oct 2023NOK 2.6bNOK 1.5bNOK 490.0m4.2x5.4x1.8x
Thu, 31 Aug 2023NOK 2.6bNOK 1.5bNOK 490.0m4.3x5.4x1.8x
Sat, 29 Jul 2023NOK 2.6bNOK 1.4bNOK 544.5m3.8x4.8x1.9x
Mon, 26 Jun 2023NOK 2.3bNOK 1.4bNOK 544.5m3.6x4.3x1.7x
Wed, 24 May 2023NOK 2.3bNOK 1.4bNOK 544.5m3.4x4.2x1.6x
Fri, 21 Apr 2023NOK 2.6bNOK 1.4bNOK 466.9m4.6x5.6x1.8x
Sun, 19 Mar 2023NOK 2.5bNOK 1.4bNOK 466.9m4.5x5.4x1.8x
Tue, 14 Feb 2023NOK 2.6bNOK 1.3bNOK 218.6m9.2x11.7x1.9x
Thu, 12 Jan 2023NOK 2.3bNOK 1.3bNOK 218.6m8.2x10.5x1.7x
Sat, 10 Dec 2022NOK 2.2bNOK 1.3bNOK 218.6m7.4x9.9x1.6x
Mon, 07 Nov 2022NOK 2.1bNOK 1.3bNOK 380.3m4x5.4x1.6x
Wed, 05 Oct 2022NOK 1.9bNOK 1.3bNOK 380.3m3.8x5x1.5x
Fri, 02 Sep 2022NOK 2.0bNOK 1.3bNOK 386.8m3.9x5.2x1.6x
Sun, 31 Jul 2022NOK 2.3bNOK 1.7bNOK 426.8m4.1x5.3x1.4x
Tue, 28 Jun 2022NOK 2.2bNOK 1.7bNOK 426.8m4x5.1x1.3x
Thu, 26 May 2022NOK 2.5bNOK 1.7bNOK 426.8m4.6x5.9x1.5x
Sat, 23 Apr 2022NOK 2.7bNOK 1.7bNOK 580.3m3.7x4.7x1.6x
Price to Earnings Ratio

4.7x


Total Market Cap: NOK 2.7bTotal Earnings: NOK 580.3mTotal Revenue: NOK 1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Steel Industry Price to Earnings3Y Average 6.2x202320242025
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 17% 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 Steel compare with similar industries?

NO Market2.82%
Materials1.33%
Metals and Mining0.015%
Steel-0.043%
Diversified Metals and Mining10.45%
Gold0%0
Aluminum-0.18%
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 68.803.3%
+NOK 81.6m		-13.7%PE6.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

VGM

NOK 0.59

Vow Green Metals

7D

-40.8%

1Y

-64.6%

RANA

NOK 68.80

Rana Gruber

7D

3.3%

1Y

-13.7%

Why Rana Gruber's (OB:RANA) Shaky Earnings Are Just The Beginning Of Its Problems

Mar 29
Why Rana Gruber's (OB:RANA) Shaky Earnings Are Just The Beginning Of Its Problems