Norwegian (OSEAX) Hospitality Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies5
- 7D-0.9%
- 3M5.4%
- 1Y-35.1%
- YTD17.0%
Over the last 7 days, the Hospitality industry has dropped 1.8%, driven by declines in Sats and Gaming Innovation Group of 2.3% and 1.7%, respectively. Meanwhile, Havila Kystruten actually outperformed within the industry, gaining 5.5% in the last week. The industry has fallen 34% in the last year. Earnings are forecast to grow by 38% annually.
Industry Valuation and Performance
Has the Norwegian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | kr8.8b | kr6.5b | -kr531,765,355.43 | 22.3x | -16.5x | 1.3x |
| Sat, 23 Mar 2024 | kr8.5b | kr6.5b | -kr532,657,980.33 | 21.7x | -16x | 1.3x |
| Mon, 19 Feb 2024 | kr8.2b | kr6.3b | -kr589,251,645.30 | 20.8x | -13.9x | 1.3x |
| Wed, 17 Jan 2024 | kr8.2b | kr6.7b | -kr683,665,051.00 | 54.9x | -11.9x | 1.2x |
| Fri, 15 Dec 2023 | kr7.5b | kr6.7b | -kr680,995,081.00 | 45.5x | -11x | 1.1x |
| Sun, 12 Nov 2023 | kr6.7b | kr6.2b | kr280.9m | 42x | 23.7x | 1.1x |
| Tue, 10 Oct 2023 | kr5.8b | kr5.9b | kr91.0m | 24.2x | 63.6x | 1x |
| Thu, 07 Sep 2023 | kr7.2b | kr6.3b | -kr720,991,172.00 | 419.4x | -9.9x | 1.1x |
| Sat, 05 Aug 2023 | kr6.9b | kr6.0b | -kr859,704,049.00 | 539.1x | -8x | 1.2x |
| Mon, 03 Jul 2023 | kr6.1b | kr6.0b | -kr855,081,650.00 | 659.5x | -7.1x | 1x |
| Wed, 31 May 2023 | kr6.1b | kr6.0b | -kr601,991,541.00 | 35.1x | -10.2x | 1x |
| Fri, 28 Apr 2023 | kr6.3b | kr5.9b | -kr633,403,633.00 | 52x | -10x | 1.1x |
| Sun, 26 Mar 2023 | kr5.2b | kr5.6b | -kr754,991,221.00 | 46x | -6.8x | 0.9x |
| Tue, 21 Feb 2023 | kr6.1b | kr5.5b | -kr550,798,780.00 | 57x | -11.1x | 1.1x |
| Thu, 19 Jan 2023 | kr5.7b | kr5.3b | -kr510,400,111.00 | 173.4x | -11.2x | 1.1x |
| Sat, 17 Dec 2022 | kr6.2b | kr5.3b | -kr510,710,517.00 | 176.3x | -12.1x | 1.2x |
| Mon, 14 Nov 2022 | kr5.8b | kr5.1b | -kr427,949,819.00 | 153.6x | -13.5x | 1.1x |
| Wed, 12 Oct 2022 | kr5.3b | kr5.1b | -kr383,904,004.00 | 183.6x | -13.8x | 1x |
| Fri, 09 Sep 2022 | kr5.5b | kr5.0b | -kr255,569,192.00 | 174.8x | -21.7x | 1.1x |
| Sun, 07 Aug 2022 | kr5.8b | kr5.0b | -kr277,126,116.00 | n/a | -21x | 1.2x |
| Tue, 05 Jul 2022 | kr5.9b | kr4.6b | -kr452,307,079.00 | n/a | -12.9x | 1.3x |
| Thu, 02 Jun 2022 | kr6.1b | kr4.6b | -kr412,126,066.00 | n/a | -14.8x | 1.3x |
| Sat, 30 Apr 2022 | kr6.8b | kr4.1b | -kr566,637,460.00 | 550.1x | -12.1x | 1.7x |
| Mon, 28 Mar 2022 | kr6.2b | kr4.0b | -kr505,867,307.00 | 441.2x | -12.3x | 1.5x |
| Wed, 23 Feb 2022 | kr6.1b | kr4.1b | -kr505,630,277.00 | 403x | -12.1x | 1.5x |
| Fri, 21 Jan 2022 | kr6.6b | kr3.9b | -kr556,285,533.00 | n/a | -11.9x | 1.7x |
| Sun, 19 Dec 2021 | kr6.0b | kr3.9b | -kr556,680,502.00 | n/a | -10.8x | 1.6x |
| Tue, 16 Nov 2021 | kr7.2b | kr3.8b | -kr572,286,919.00 | n/a | -12.6x | 1.9x |
| Thu, 14 Oct 2021 | kr6.7b | kr3.8b | -kr599,935,742.00 | n/a | -11.2x | 1.8x |
| Sat, 11 Sep 2021 | kr6.9b | kr3.8b | -kr548,387,134.08 | n/a | -12.7x | 1.8x |
| Mon, 09 Aug 2021 | kr3.1b | kr744.1m | -kr51,387,134.08 | n/a | -60.4x | 4.2x |
| Sun, 02 May 2021 | kr4.1b | kr3.1b | -kr453,516,000.00 | n/a | -9.1x | 1.3x |
Price to Earnings Ratio
-9.1x
Current Industry PE
- Investors are relatively neutral on the Norwegian Hospitality industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 28% 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 caused losses to expand.
Industry Trends
Which industries have driven the changes within the Norwegian Consumer Discretionary industry?
| NO Market | -0.50% | |
| Consumer Discretionary | -0.89% | |
| Hospitality | -0.93% | |
| Hotels, Resorts and Cruise Lines | 2.77% | |
| Restaurants | 0% | |
| Leisure Facilities | -0.99% | |
| Casinos and Gaming | -1.44% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry even though it's trading below its 3-year average PE ratio of 37.8x.
- Analysts are expecting annual earnings growth of 39.8%, which is lower than the prior year's growth of 134.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 103% over the next 5 years.
- In contrast, the Leisure Facilities industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| SATS Sats | kr18.28 | 1.6% +kr57.1m | 79.9% | PE16.7x | |
| HKY Havila Kystruten | kr0.81 | 5.5% +kr36.0m | -91.5% | PS0.9x | |
| BSP Black Sea Property | kr0.31 | 2.0% +kr606.6k | -33.2% | PS31x |