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Norwegian (OSEAX) Materials Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies19
  • 7D0.4%
  • 3M5.4%
  • 1Y-11.2%
  • YTD-2.6%

The Materials industry has been flat over the last week, but Elopak has lost 9.1%. Unfortunately though, the industry is down 11% over the past 12 months. As for the next few years, earnings are expected to grow by 43% per annum.

Sector Valuation and Performance

Has the Norwegian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024kr276.9bkr428.0bkr3.3b11.6x84.7x0.6x
Tue, 16 Apr 2024kr289.0bkr445.3bkr6.2b22x47x0.6x
Thu, 14 Mar 2024kr257.5bkr437.7bkr6.1b21.2x42x0.6x
Sat, 10 Feb 2024kr261.6bkr458.1bkr15.0b15.1x17.5x0.6x
Mon, 08 Jan 2024kr280.4bkr454.9bkr16.0b10.6x17.5x0.6x
Wed, 06 Dec 2023kr269.7bkr466.8bkr16.4b9.3x16.5x0.6x
Fri, 03 Nov 2023kr272.9bkr470.5bkr16.7b11.6x16.3x0.6x
Sun, 01 Oct 2023kr295.0bkr497.9bkr31.2b9.3x9.5x0.6x
Tue, 29 Aug 2023kr271.2bkr498.9bkr31.3b8.8x8.7x0.5x
Thu, 27 Jul 2023kr292.0bkr485.8bkr30.9b9.8x9.5x0.6x
Sat, 24 Jun 2023kr281.5bkr543.3bkr52.0b5.5x5.4x0.5x
Mon, 22 May 2023kr315.4bkr541.3bkr56.4b5.5x5.6x0.6x
Wed, 19 Apr 2023kr353.5bkr551.3bkr67.0b6.2x5.3x0.6x
Fri, 17 Mar 2023kr330.2bkr556.9bkr67.1b6x4.9x0.6x
Sun, 12 Feb 2023kr351.7bkr542.9bkr72.2b5.3x4.9x0.6x
Tue, 10 Jan 2023kr341.3bkr532.0bkr65.2b5.8x5.2x0.6x
Thu, 08 Dec 2022kr327.9bkr536.0bkr65.6b5.3x5x0.6x
Sat, 05 Nov 2022kr328.2bkr540.1bkr66.3b4.6x5x0.6x
Mon, 03 Oct 2022kr281.5bkr516.5bkr53.3b4.8x5.3x0.5x
Wed, 31 Aug 2022kr318.7bkr491.5bkr51.7b5.6x6.2x0.6x
Fri, 29 Jul 2022kr302.7bkr492.1bkr51.4b5x5.9x0.6x
Sun, 26 Jun 2022kr299.6bkr432.1bkr37.5b8x8x0.7x
Tue, 24 May 2022kr351.9bkr426.6bkr37.1b9.6x9.5x0.8x
Thu, 21 Apr 2022kr383.4bkr363.5bkr21.9b20x17.5x1.1x
Sat, 19 Mar 2022kr355.7bkr363.2bkr21.9b18.6x16.3x1x
Mon, 14 Feb 2022kr354.3bkr370.9bkr19.6b28.9x18.1x1x
Wed, 12 Jan 2022kr338.3bkr347.5bkr18.0b20.2x18.7x1x
Fri, 10 Dec 2021kr320.3bkr351.0bkr18.2b19.5x17.6x0.9x
Sun, 07 Nov 2021kr321.7bkr343.9bkr17.9b15.8x18x0.9x
Tue, 05 Oct 2021kr327.0bkr318.0bkr19.8b16.7x16.5x1x
Thu, 02 Sep 2021kr318.4bkr318.7bkr19.9b14.5x16x1x
Sat, 31 Jul 2021kr314.9bkr318.7bkr19.9b13.5x15.9x1x
Price to Earnings Ratio

23x


Total Market Cap: kr288.9bTotal Earnings: kr12.6bTotal Revenue: kr287.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Materials Sector Price to Earnings3Y Average 15.2x202220232024
Current Industry PE
  • Investors are optimistic on the Norwegian Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 82.4x which is higher than its 3-year average PE of 15.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 36% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

NO Market-1.02%
Materials0.36%
Paper and Forestry Products2.26%
Chemicals0.91%
Metals and Mining0.54%
Basic Materials-4.77%
Packaging-9.14%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 12.8x.
    • Analysts are expecting annual earnings growth of 36.5%, which is higher than its past year's earnings decline of 44.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings decline of 7.4% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 3.1% 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
NHY Norsk Hydrokr67.160.8%
+kr1.1b		-3.1%PE41.3x
ELK Elkemkr21.624.6%
+kr608.6m		-25.2%PS0.4x
YAR Yara Internationalkr323.000.7%
+kr560.4m		-23.6%PS0.5x
NSKOG Norske Skogkr39.882.3%
+kr74.7m		-9.2%PE10.1x
DSRT Desert Controlkr7.769.3%
+kr35.4m		14.0%PS492.5x
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kr31.15

BEWi

7D

-1.1%

1Y

-33.2%

CIRCA

kr1.12

Circa Group

7D

5.7%

1Y

-80.0%

RANA

kr75.80

Rana Gruber

7D

-9.7%

1Y

41.4%

GEM

kr7.18

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7D

7.2%

1Y

116.3%

ELO

kr34.30

Elopak

7D

-9.1%

1Y

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BCS

kr6.39

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7D

-8.7%

1Y

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ELK

kr21.62

Elkem

7D

4.6%

1Y

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NOM

kr20.20

Nordic Mining

7D

-2.5%

1Y

71.5%

NHY

kr67.16

Norsk Hydro

7D

0.8%

1Y

-3.1%

YAR

kr323.00

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7D

0.7%

1Y

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NSKOG

kr39.88

Norske Skog

7D

2.3%

1Y

-9.2%

BRG

kr196.60

Borregaard

7D

0.1%

1Y

2.3%

ABTEC

kr4.18

Aqua Bio Technology

7D

-6.5%

1Y

4.0%

BOR

kr0.42

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7D

-4.8%

1Y

-70.1%

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DSRT

kr7.76

Desert Control

7D

9.3%

1Y

14.0%

VGM

kr1.76

Vow Green Metals

7D

-5.4%

1Y

-16.8%

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