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Norwegian (OSEAX) Consumer Discretionary Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies10
  • 7D0.4%
  • 3M-0.3%
  • 1Y18.4%
  • YTD-1.1%

Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Lumi Gruppen declined by 3.5%. The past year has been better, since the industry has gained 18% in that time. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

Has the Norwegian Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026NOK 35.4bNOK 52.9bNOK 967.1m22.7x36.6x0.7x
Tue, 10 Mar 2026NOK 34.7bNOK 53.1bNOK 974.2m21.7x35.6x0.7x
Thu, 05 Feb 2026NOK 34.0bNOK 52.7bNOK 1.3b17.7x26.3x0.6x
Sat, 03 Jan 2026NOK 35.9bNOK 52.9bNOK 1.1b18.9x31.3x0.7x
Mon, 01 Dec 2025NOK 34.7bNOK 52.9bNOK 1.1b18.7x30.8x0.7x
Wed, 29 Oct 2025NOK 36.6bNOK 52.4bNOK 1.1b18.2x33.6x0.7x
Fri, 26 Sep 2025NOK 36.5bNOK 52.3bNOK 1.1b18.3x34.6x0.7x
Sun, 24 Aug 2025NOK 36.9bNOK 52.3bNOK 998.4m22.5x36.9x0.7x
Tue, 22 Jul 2025NOK 37.0bNOK 59.6b-NOK 765,248,030.1122.1x-48.3x0.6x
Thu, 19 Jun 2025NOK 33.6bNOK 58.6b-NOK 757,260,514.8919.9x-44.4x0.6x
Sat, 17 May 2025NOK 33.4bNOK 58.7b-NOK 744,244,992.3219.6x-44.9x0.6x
Mon, 14 Apr 2025NOK 31.1bNOK 58.9b-NOK 676,359,612.8820.8x-45.9x0.5x
Wed, 12 Mar 2025NOK 30.8bNOK 58.0b-NOK 578,453,474.7515.3x-53.2x0.5x
Fri, 07 Feb 2025NOK 30.9bNOK 57.6b-NOK 1,760,671,482.7719.5x-17.5x0.5x
Sun, 05 Jan 2025NOK 28.8bNOK 56.4b-NOK 1,770,859,649.2217.2x-16.2x0.5x
Tue, 03 Dec 2024NOK 26.8bNOK 56.3b-NOK 1,780,485,707.2816.5x-15.1x0.5x
Thu, 31 Oct 2024NOK 32.0bNOK 57.2b-NOK 1,333,393,716.7617.8x-24x0.6x
Sat, 28 Sep 2024NOK 31.9bNOK 57.1b-NOK 1,294,985,400.3717.2x-24.7x0.6x
Mon, 26 Aug 2024NOK 32.0bNOK 57.0b-NOK 1,252,208,145.4816.2x-25.6x0.6x
Wed, 24 Jul 2024NOK 31.3bNOK 57.3b-NOK 1,848,621,214.2114.9x-16.9x0.5x
Fri, 21 Jun 2024NOK 32.1bNOK 56.2b-NOK 1,762,730,716.8115.7x-18.2x0.6x
Sun, 19 May 2024NOK 33.4bNOK 57.3b-NOK 2,676,976,131.8416.5x-12.5x0.6x
Tue, 16 Apr 2024NOK 35.2bNOK 57.9b-NOK 3,027,079,228.3517.9x-11.6x0.6x
Thu, 14 Mar 2024NOK 32.8bNOK 58.1b-NOK 3,005,482,272.9416.2x-10.9x0.6x
Sat, 10 Feb 2024NOK 32.3bNOK 57.8b-NOK 1,705,095,539.3622.8x-18.9x0.6x
Mon, 08 Jan 2024NOK 33.6bNOK 57.9b-NOK 1,066,749,519.0019.9x-31.5x0.6x
Wed, 06 Dec 2023NOK 29.8bNOK 57.8b-NOK 111,676,415.0018.6x-266.4x0.5x
Fri, 03 Nov 2023NOK 26.7bNOK 57.9b-NOK 192,522,313.0023.2x-138.9x0.5x
Sun, 01 Oct 2023NOK 26.5bNOK 57.3b-NOK 61,662,630.0022.4x-429.1x0.5x
Tue, 29 Aug 2023NOK 27.4bNOK 58.0b-NOK 878,740,199.0025x-31.1x0.5x
Thu, 27 Jul 2023NOK 29.5bNOK 57.4b-NOK 475,231,871.0034.8x-62.1x0.5x
Sat, 24 Jun 2023NOK 28.9bNOK 58.0b-NOK 147,475,844.0031.2x-196.2x0.5x
Mon, 22 May 2023NOK 31.2bNOK 57.9bNOK 157.7m29.2x197.7x0.5x
Wed, 19 Apr 2023NOK 30.7bNOK 56.1bNOK 377.3m16.7x81.3x0.5x
Price to Earnings Ratio

81.3x


Total Market Cap: NOK 30.7bTotal Earnings: NOK 377.3mTotal Revenue: NOK 56.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Consumer Discretionary Sector Price to Earnings3Y Average 4512.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 36.6x which is lower than its 3-year average PE of 5kx.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 37% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Norwegian Consumer Discretionary sector?

NO Market-0.88%
Consumer Discretionary0.37%
Auto Components2.51%
Specialty Stores1.53%
Hospitality0.34%
Online Retail and Ecommerce0%0
General Merchandise and Department Stores-0.21%
Consumer Services-3.50%
Industry PE
  • Investors are most optimistic about the Auto Components industry which is trading above its 3-year average PE ratio of 35.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings decline of 24% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 18% 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
KID KidNOK 128.201.6%
+NOK 81.3m		-8.4%PE22.7x
KOA Kongsberg AutomotiveNOK 2.012.5%
+NOK 45.7m		48.7%PE838.3x
KOMPL KomplettNOK 8.682.1%
+NOK 31.6m		-19.3%PS0.1x
SATS SatsNOK 43.750.3%
+NOK 29.4m		29.8%PE18.1x
ELIMP ElektroimportørenNOK 15.152.0%
+NOK 15.2m		31.7%PE24.3x

Latest News

BSP
NOK 3.60
Black Sea Property
7D
-3.5%
1Y
-71.4%
SATS
NOK 43.75
Sats
7D
0.3%
1Y
29.8%

SATS: Spectrum Monetization And March Payout Decisions Will Drive Upside Potential

Analysts have trimmed the Sats price target to NOK54 from NOK60, citing a blend of higher organic revenue expectations, progress on spectrum monetization and cost reductions, partially balanced by DISH-related churn, lower equity income and shifting views on non operating assets across the broader satellite peer group. Analyst Commentary Recent Street commentary around Sats, referenced through peers in satellite and spectrum exposed names, points to a mix of optimism on execution and caution on churn, non operating assets and the outlook for legacy businesses.
KID
NOK 128.20
Kid
7D
1.6%
1Y
-8.4%

KID: Future Dividend Schedule Will Support Returns While Outlook Stays Measured

Analysts have kept the fair value estimate for Kid steady at NOK 139. They have made only minor adjustments to inputs such as the discount rate and future P/E assumptions, suggesting their overall view on the stock is essentially unchanged.
KOA
NOK 2.01
Kongsberg Automotive
7D
2.5%
1Y
48.7%
ELIMP
NOK 15.15
Elektroimportøren
7D
2.0%
1Y
31.7%

ELIMP: Slightly Higher Discount Rate Will Still Support Richer Future Earnings Multiple

Analysts have trimmed Elektroimportøren's price target from NOK 23.00 to NOK 21.50, reflecting updated assumptions for a slightly higher discount rate, modestly lower revenue growth and profit margin forecasts, and a somewhat lower future P/E multiple. Valuation Changes Fair Value: Trimmed from NOK 23.00 to NOK 21.50, a reduction of around 6.5% in the modelled target level.
EPR
NOK 93.80
Europris
7D
-0.2%
1Y
27.1%

EPR: Dividend Proposal Will Support Attractive 2026 Outlook And Earnings Profile

Analysts have kept the Europris price target steady at NOK 101.33, citing updated assumptions that include slightly higher revenue growth and profit margin expectations, along with a modest adjustment to the discount rate and a lower future P/E multiple. What's in the News The board proposes an ordinary dividend for 2025 of NOK 3.75 per share, subject to approval at the Annual General Meeting on 29 April 2026 (Key Developments).
KOMPL
NOK 8.68
Komplett
7D
2.1%
1Y
-19.3%
LUMI
NOK 19.30
Lumi Gruppen
7D
-3.5%
1Y
49.6%
HKY
NOK 49.00
Havila Kystruten
7D
-3.5%
1Y
8.9%