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Norwegian (OSEAX) Packaging Industry Analysis

UpdatedAug 25, 2024
DataAggregated Company Financials
Companies1
  • 7D3.8%
  • 3M11.0%
  • 1Y76.1%
  • YTD35.6%

Over the last 7 days, the Packaging industry has dropped 3.2%, driven by declines from every company within the industry. In the past year, the industry has gained 67%. Looking forward, earnings are forecast to grow by 5.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Aug 2024NOK 10.7bNOK 13.5bNOK 826.4m13x13x0.8x
Tue, 23 Jul 2024NOK 10.9bNOK 13.6bNOK 888.5m12.2x12.2x0.8x
Thu, 20 Jun 2024NOK 9.8bNOK 12.9bNOK 845.0m11.6x11.6x0.8x
Sat, 18 May 2024NOK 9.2bNOK 13.2bNOK 795.8m11.6x11.6x0.7x
Mon, 15 Apr 2024NOK 9.0bNOK 13.1bNOK 793.8m11.4x11.4x0.7x
Wed, 13 Mar 2024NOK 9.0bNOK 13.0bNOK 785.7m11.5x11.5x0.7x
Fri, 09 Feb 2024NOK 7.8bNOK 12.7bNOK 752.1m10.4x10.4x0.6x
Sun, 07 Jan 2024NOK 7.9bNOK 12.5bNOK 741.4m10.6x10.6x0.6x
Tue, 05 Dec 2023NOK 7.2bNOK 13.0bNOK 771.3m9.4x9.4x0.6x
Thu, 02 Nov 2023NOK 6.1bNOK 13.0bNOK 707.2m8.6x8.6x0.5x
Sat, 30 Sep 2023NOK 5.9bNOK 12.4bNOK 674.3m8.7x8.7x0.5x
Mon, 28 Aug 2023NOK 6.1bNOK 12.7bNOK 690.0m8.8x8.8x0.5x
Wed, 26 Jul 2023NOK 6.0bNOK 12.0bNOK 583.9m10.3x10.3x0.5x
Fri, 23 Jun 2023NOK 6.2bNOK 12.6bNOK 611.2m10.1x10.1x0.5x
Sun, 21 May 2023NOK 6.4bNOK 12.7bNOK 616.4m10.4x10.4x0.5x
Tue, 18 Apr 2023NOK 6.1bNOK 11.7bNOK 394.8m15.4x15.4x0.5x
Thu, 16 Mar 2023NOK 6.3bNOK 11.6bNOK 392.2m16x16x0.5x
Sat, 11 Feb 2023NOK 6.3bNOK 11.5bNOK 283.3m22.3x22.3x0.6x
Mon, 09 Jan 2023NOK 6.5bNOK 11.3bNOK 278.3m23.3x23.3x0.6x
Wed, 07 Dec 2022NOK 6.5bNOK 11.1bNOK 274.3m23.8x23.8x0.6x
Fri, 04 Nov 2022NOK 6.4bNOK 10.8bNOK 267.5m23.9x23.9x0.6x
Sun, 02 Oct 2022NOK 5.3bNOK 10.4bNOK 74.1m71x71x0.5x
Tue, 30 Aug 2022NOK 5.2bNOK 9.5bNOK 67.9m77.3x77.3x0.6x
Thu, 28 Jul 2022NOK 4.9bNOK 9.6bNOK 54.9m89.7x89.7x0.5x
Sat, 25 Jun 2022NOK 4.4bNOK 10.0bNOK 57.4m77.5x77.5x0.4x
Mon, 23 May 2022NOK 4.3bNOK 9.9bNOK 56.8m75.4x75.4x0.4x
Wed, 20 Apr 2022NOK 4.0bNOK 9.0bNOK 322.0m12.3x12.3x0.4x
Fri, 18 Mar 2022NOK 4.6bNOK 9.2bNOK 330.3m13.9x13.9x0.5x
Sun, 13 Feb 2022NOK 5.8bNOK 9.2bNOK 391.2m14.8x14.8x0.6x
Tue, 11 Jan 2022NOK 6.9bNOK 9.2bNOK 391.5m17.7x17.7x0.8x
Thu, 09 Dec 2021NOK 7.1bNOK 9.2bNOK 392.5m18.1x18.1x0.8x
Sat, 06 Nov 2021NOK 7.1bNOK 8.8bNOK 415.9m17x17x0.8x
Mon, 04 Oct 2021NOK 7.3bNOK 8.9bNOK 421.2m17.3x17.3x0.8x
Wed, 01 Sep 2021NOK 7.3bNOK 9.1bNOK 429.2m16.9x16.9x0.8x
Price to Earnings Ratio

16.9x


Total Market Cap: NOK 7.3bTotal Earnings: NOK 429.2mTotal Revenue: NOK 9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Packaging Industry Price to Earnings3Y Average 24.4x202220232024
Current Industry PE
    There is only one company in the Norwegian Packaging 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 Packaging industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Materials industry?

NO Market-0.87%
Materials1.86%
Packaging3.78%
Paper Packaging3.78%
Metal and Glass Containers0%
Industry PE
  • Investors are most optimistic about the Paper Packaging industry even though it's trading below its 3-year average PE ratio of 24.4x.
    • Analysts are expecting annual earnings growth of 5.3%, which is lower than the prior year's growth of 18.1% per year.
  • Investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 24.4x.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 5.3% over the next 5 years.
  • However this is lower than its past earnings growth rate of 18% per year.
  • In contrast, the Paper Packaging industry is expected to see its earnings grow by 5.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ELO ElopakNOK 39.803.8%
+NOK 390.0m		76.1%PE13x
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ELO

NOK 39.80

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7D

3.8%

1Y

76.1%

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