Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Norske Skog ASAFRA:0BQ -1.60%70 3-1 Month Momentum % is -3.89% as of Sep. 12, 2026. GuruFocus rates FRA:0BQ with a GF Score™ of 70/100 and a GF Value™ of €3.08 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 288 Forest Products companies, Norske Skog ASA ranks worse than 73.26% on this metric.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-12), Norske Skog ASA's 3-1 Month Momentum % is -3.89%.
The industry rank for Norske Skog ASA's 3-1 Month Momentum % or its related term are showing as below:
FRA:0BQ's 3-1 Month Momentum % is ranked worse than 73.26% of 288
companies
in the Forest Products industry
Industry Median: 0.91
vs FRA:0BQ: -3.89
Norske Skog ASA (FRA:0BQ) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Norske Skog ASA 3-1 Month Momentum % Related Terms
FRA:0BQ vs SLVM: 3-1 Month Momentum % Comparison
For the Paper & Paper Products subindustry, Norske Skog ASA's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Norske Skog ASA 3-1 Month Momentum % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Norske Skog ASA's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Norske Skog ASA's 3-1 Month Momentum % falls into.
Norske Skog ASA (FRA:0BQ) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Norske Skog ASA (FRA:0BQ) has a 3-1 Month Momentum % of -3.89% as of Sep. 12, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Norske Skog ASA and its competitors. According to the industry distribution chart, Norske Skog ASA ranks #211 out of 288 companies in the Forest Products industry, placing it in the top 73.3%.
Is Norske Skog ASA's 3-1 Month Momentum % too high?
Norske Skog ASA's current 3-1 Month Momentum % is -3.89%. Based on the distribution chart, Norske Skog ASA ranks #211 out of 288 companies in the Forest Products industry, which is below the industry midpoint. Overall, Norske Skog ASA has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's 3-1 Month Momentum % compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #211 out of 288 companies for 3-1 Month Momentum %. This places Norske Skog ASA in the lower half of its industry. The industry median 3-1 Month Momentum % is 0.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Forest Products company?
The median 3-1 Month Momentum % among Forest Products companies is 0.91, based on 288 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Norske Skog ASA and its competitors. For the Forest Products industry, the median 3-1 Month Momentum % is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current 3-1 Month Momentum % is -3.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (FRA:0BQ) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.08, compared to a current price of €4.60 — trading 49.4% above its estimated fair value. The current 3-1 Month Momentum % is -3.89%. Norske Skog ASA's overall GF Score™ is 70/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Norske Skog ASA (FRA:0BQ), the current 3-1 Month Momentum % is -3.89% as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Norske Skog ASA (FRA:0BQ) Overvalued in 2026?
Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued.
The current stock price of €4.60 is trading 49.4% above its estimated GF Value™ of €3.08.
GuruFocus considers Norske Skog ASA to be Significantly Overvalued.
Key valuation signals for FRA:0BQ:
3-1 Month Momentum %: -3.89%
GF Value™: €3.08 vs. price of €4.60 (49.4% above fair value)
No single metric tells the full story. See the FRA:0BQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
70GF Score
Get the complete analysis for FRA:0BQ
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:0BQ has been successfully added to your 
