Norwegian (OSEAX) Electrical Industry Analysis
UpdatedMay 14, 2024
DataAggregated Company Financials
Companies5
- 7D5.0%
- 3M4.5%
- 1Y-63.6%
- YTD-22.6%
The Electrical industry is up 4.9% in the last week, with Nel up 5.7%. However, the industry is down 64% over the past year. Earnings are forecast to grow by 49% annually.
Industry Valuation and Performance
Has the Norwegian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 May 2024 | kr11.4b | kr4.7b | -kr1,182,147,853.45 | 58.1x | -9.6x | 2.4x |
| Fri, 12 Apr 2024 | kr10.7b | kr4.1b | -kr1,309,965,117.28 | 57.8x | -8.1x | 2.6x |
| Sun, 10 Mar 2024 | kr10.2b | kr4.7b | -kr1,320,563,704.44 | 68.5x | -7.8x | 2.2x |
| Tue, 06 Feb 2024 | kr11.8b | kr4.4b | -kr1,939,310,015.20 | 315.3x | -6.1x | 2.7x |
| Thu, 04 Jan 2024 | kr14.3b | kr4.4b | -kr1,937,912,799.00 | 268.3x | -7.4x | 3.2x |
| Sat, 02 Dec 2023 | kr15.6b | kr4.4b | -kr1,943,399,919.00 | 228.4x | -8x | 3.6x |
| Mon, 30 Oct 2023 | kr14.7b | kr4.1b | -kr1,925,946,370.00 | n/a | -7.6x | 3.5x |
| Wed, 27 Sep 2023 | kr17.3b | kr4.0b | -kr1,937,674,391.00 | 35.8x | -8.9x | 4.4x |
| Fri, 25 Aug 2023 | kr23.6b | kr4.0b | -kr1,930,716,910.00 | 35.8x | -12.2x | 5.9x |
| Sun, 23 Jul 2023 | kr27.8b | kr3.8b | -kr1,942,242,092.00 | 35.8x | -14.3x | 7.4x |
| Tue, 20 Jun 2023 | kr28.1b | kr3.3b | -kr1,845,228,540.00 | 35.8x | -15.2x | 8.4x |
| Thu, 18 May 2023 | kr29.7b | kr3.3b | -kr1,845,532,958.00 | 35.8x | -16.1x | 8.9x |
| Sat, 15 Apr 2023 | kr28.0b | kr2.9b | -kr1,570,570,222.00 | 35.8x | -17.8x | 9.8x |
| Mon, 13 Mar 2023 | kr29.3b | kr2.9b | -kr1,569,947,270.00 | 35.8x | -18.7x | 10.2x |
| Wed, 08 Feb 2023 | kr32.5b | kr2.7b | -kr1,101,252,670.00 | 32.2x | -29.5x | 12.1x |
| Fri, 06 Jan 2023 | kr28.2b | kr2.6b | -kr1,040,755,912.00 | 41.1x | -27.1x | 10.9x |
| Sun, 04 Dec 2022 | kr29.2b | kr2.5b | -kr1,029,346,982.00 | 11.1x | -28.3x | 11.5x |
| Tue, 01 Nov 2022 | kr25.6b | kr1.9b | -kr1,031,613,077.00 | 1454.8x | -24.8x | 13.2x |
| Thu, 29 Sep 2022 | kr24.6b | kr1.9b | -kr1,237,677,902.00 | 1275.5x | -19.9x | 13x |
| Sat, 27 Aug 2022 | kr30.8b | kr1.9b | -kr1,233,460,590.00 | 1462.7x | -24.9x | 16.3x |
| Mon, 25 Jul 2022 | kr31.8b | kr1.8b | -kr1,254,378,749.00 | 430x | -25.4x | 17.6x |
| Wed, 22 Jun 2022 | kr27.1b | kr1.7b | -kr1,237,754,749.00 | 352.6x | -21.9x | 15.8x |
| Fri, 20 May 2022 | kr28.4b | kr1.7b | -kr1,237,754,749.00 | 397.2x | -22.9x | 16.5x |
| Sun, 17 Apr 2022 | kr30.5b | kr1.9b | -kr1,793,743,000.00 | 198.1x | -17x | 15.7x |
| Tue, 15 Mar 2022 | kr31.4b | kr1.9b | -kr1,784,049,000.00 | 104.8x | -17.6x | 16.2x |
| Thu, 10 Feb 2022 | kr25.9b | kr1.9b | -kr219,196,000.00 | 110x | -118.3x | 13.6x |
| Sat, 08 Jan 2022 | kr29.1b | kr1.7b | -kr39,649,666.00 | 32.3x | -733.6x | 16.7x |
| Mon, 06 Dec 2021 | kr32.5b | kr1.7b | -kr40,734,666.00 | 30.4x | -798x | 18.7x |
| Wed, 03 Nov 2021 | kr34.0b | kr1.7b | -kr30,690,666.00 | 48.8x | -1107.5x | 20.5x |
| Fri, 01 Oct 2021 | kr25.5b | kr1.5b | -kr136,478,666.00 | 29.3x | -186.9x | 17x |
| Sun, 29 Aug 2021 | kr27.1b | kr1.5b | -kr136,478,666.00 | 23.1x | -198.6x | 18.1x |
| Mon, 05 Jul 2021 | kr34.3b | kr1.5b | -kr136,478,666.00 | 20.3x | -251.4x | 22.9x |
Price to Earnings Ratio
39x
Current Industry PE
- Investors are pessimistic on the Norwegian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 11.7x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 49% 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 Industrials industry?
| NO Market | 1.32% | |
| Industrials | 2.15% | |
| Electrical | 4.98% | |
| Heavy Electrical Equipment | 5.33% | |
| Electrical Components | 3.23% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 76% over the next 5 years.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 44% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEL Nel | kr6.13 | 9.1% +kr858.8m | -58.2% | PS5.9x | |
| OTOVO Otovo | kr1.66 | 24.1% +kr90.5m | -85.1% | PS0.5x | |
| KYOTO Kyoto Group | kr15.60 | 5.1% +kr14.2m | -5.5% | PS505.5x |