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May 03
Norwegian (OSEAX) Hospitality Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies4
- 7D-3.2%
- 3M-9.9%
- 1Y25.5%
- YTD5.2%
Over the last 7 days, the Hospitality industry has dropped 1.2%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 27%. Looking forward, earnings are forecast to grow by 30% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | NOK 7.4b | NOK 6.0b | NOK 440.4m | 16.2x | 16.8x | 1.2x |
| Sun, 23 Jun 2024 | NOK 7.0b | NOK 5.9b | NOK 428.2m | 15.9x | 16.4x | 1.2x |
| Tue, 21 May 2024 | NOK 8.6b | NOK 6.7b | -NOK 472,846,420.57 | 17.4x | -18.3x | 1.3x |
| Thu, 18 Apr 2024 | NOK 8.9b | NOK 6.5b | -NOK 531,107,768.80 | 22.5x | -16.7x | 1.4x |
| Sat, 16 Mar 2024 | NOK 8.4b | NOK 6.5b | -NOK 533,488,293.83 | 21.5x | -15.8x | 1.3x |
| Mon, 12 Feb 2024 | NOK 8.4b | NOK 6.7b | -NOK 683,972,412.18 | 55.4x | -12.2x | 1.2x |
| Wed, 10 Jan 2024 | NOK 8.0b | NOK 6.7b | -NOK 685,246,676.00 | 52.7x | -11.7x | 1.2x |
| Fri, 08 Dec 2023 | NOK 7.4b | NOK 6.7b | -NOK 676,105,581.00 | 43.5x | -10.9x | 1.1x |
| Sun, 05 Nov 2023 | NOK 6.1b | NOK 6.1b | NOK 180.7m | 43.9x | 33.8x | 1x |
| Tue, 03 Oct 2023 | NOK 6.1b | NOK 5.9b | NOK 101.4m | 352.4x | 59.8x | 1x |
| Thu, 31 Aug 2023 | NOK 7.2b | NOK 6.3b | -NOK 720,489,918.00 | 441.6x | -10x | 1.1x |
| Sat, 29 Jul 2023 | NOK 6.4b | NOK 6.0b | -NOK 859,185,474.00 | 629.8x | -7.5x | 1.1x |
| Mon, 26 Jun 2023 | NOK 6.2b | NOK 6.0b | -NOK 854,384,917.00 | 686.4x | -7.2x | 1x |
| Wed, 24 May 2023 | NOK 6.5b | NOK 6.0b | -NOK 603,764,404.00 | 36.1x | -10.8x | 1.1x |
| Fri, 21 Apr 2023 | NOK 6.0b | NOK 5.7b | -NOK 753,085,016.00 | 51.7x | -7.9x | 1.1x |
| Sun, 19 Mar 2023 | NOK 5.1b | NOK 5.6b | -NOK 754,146,455.00 | 47x | -6.8x | 0.9x |
| Tue, 14 Feb 2023 | NOK 5.8b | NOK 5.3b | -NOK 510,140,120.00 | 175.4x | -11.4x | 1.1x |
| Thu, 12 Jan 2023 | NOK 5.7b | NOK 5.3b | -NOK 510,279,178.00 | 166x | -11.2x | 1.1x |
| Sat, 10 Dec 2022 | NOK 6.0b | NOK 5.3b | -NOK 510,714,225.00 | 181.7x | -11.7x | 1.1x |
| Mon, 07 Nov 2022 | NOK 5.8b | NOK 5.0b | -NOK 434,237,006.00 | 216.8x | -13.3x | 1.1x |
| Wed, 05 Oct 2022 | NOK 5.1b | NOK 5.1b | -NOK 383,862,429.00 | 169.3x | -13.2x | 1x |
| Fri, 02 Sep 2022 | NOK 5.7b | NOK 5.0b | -NOK 255,618,416.00 | 174.2x | -22.2x | 1.1x |
| Sun, 31 Jul 2022 | NOK 5.9b | NOK 4.9b | -NOK 277,048,472.00 | n/a | -21.3x | 1.2x |
| Tue, 28 Jun 2022 | NOK 5.8b | NOK 4.6b | -NOK 452,363,897.00 | n/a | -12.7x | 1.2x |
| Thu, 26 May 2022 | NOK 5.9b | NOK 4.6b | -NOK 412,242,215.00 | n/a | -14.2x | 1.3x |
| Sat, 23 Apr 2022 | NOK 6.9b | NOK 4.1b | -NOK 566,733,275.00 | 557.1x | -12.2x | 1.7x |
| Mon, 21 Mar 2022 | NOK 6.3b | NOK 4.0b | -NOK 505,786,265.00 | 421.1x | -12.5x | 1.6x |
| Wed, 16 Feb 2022 | NOK 6.7b | NOK 4.0b | -NOK 527,624,048.00 | n/a | -12.6x | 1.7x |
| Fri, 14 Jan 2022 | NOK 6.4b | NOK 3.9b | -NOK 556,319,875.00 | n/a | -11.5x | 1.7x |
| Sun, 12 Dec 2021 | NOK 5.9b | NOK 3.9b | -NOK 556,657,001.00 | n/a | -10.6x | 1.5x |
| Tue, 09 Nov 2021 | NOK 6.8b | NOK 3.8b | -NOK 599,946,507.00 | n/a | -11.3x | 1.8x |
| Thu, 07 Oct 2021 | NOK 6.8b | NOK 3.8b | -NOK 600,270,567.00 | n/a | -11.3x | 1.8x |
| Sat, 04 Sep 2021 | NOK 3.0b | NOK 744.1m | -NOK 51,387,134.08 | n/a | -57.7x | 4x |
| Mon, 02 Aug 2021 | NOK 3.2b | NOK 744.1m | -NOK 51,387,134.08 | n/a | -61.6x | 4.3x |
Price to Earnings Ratio
-61.6x
Current Industry PE
- Investors are pessimistic on the Norwegian Hospitality 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 16.9x which is higher than its 3-year average PE of -8.8x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 101% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Consumer Discretionary industry?
| NO Market | -1.27% | |
| Consumer Discretionary | -3.70% | |
| Hospitality | -3.18% | |
| Restaurants | 0% | |
| Casinos and Gaming | -2.46% | |
| Leisure Facilities | -3.95% | |
| Hotels, Resorts and Cruise Lines | -10.71% | |
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 40.6x.
- Analysts are expecting annual earnings growth of 37.4%, which is higher than its past year's earnings decline of 13.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Leisure Facilities industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| No data available | |||||