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Norwegian (OSEAX) Hospitality Industry Analysis

UpdatedJul 12, 2026
DataAggregated Company Financials
Companies2
  • 7D-0.1%
  • 3M-5.6%
  • 1Y5.9%
  • YTD1.9%

Over the last 7 days, the Hospitality industry has dropped 1.3%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Norwegian Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Jul 2026NOK 8.0bNOK 5.6bNOK 387.3m16.5x20.8x1.4x
Tue, 09 Jun 2026NOK 8.1bNOK 5.6bNOK 387.3m16.6x20.9x1.4x
Thu, 07 May 2026NOK 7.9bNOK 5.6bNOK 469.8m16.3x16.9x1.4x
Sat, 04 Apr 2026NOK 8.6bNOK 5.5bNOK 457.8m18x18.7x1.6x
Mon, 02 Mar 2026NOK 8.7bNOK 5.5bNOK 457.8m18.3x19x1.6x
Wed, 28 Jan 2026NOK 8.1bNOK 5.4bNOK 412.8m18.9x19.7x1.5x
Fri, 26 Dec 2025NOK 8.0bNOK 5.4bNOK 412.8m18.6x19.4x1.5x
Sun, 23 Nov 2025NOK 7.3bNOK 5.4bNOK 412.8m16.9x17.6x1.3x
Tue, 21 Oct 2025NOK 8.2bNOK 5.3bNOK 385.8m20.3x21.3x1.5x
Thu, 18 Sep 2025NOK 8.1bNOK 5.3bNOK 386.0m20x21x1.5x
Sat, 16 Aug 2025NOK 7.5bNOK 5.2bNOK 327.0m21.6x22.9x1.4x
Mon, 14 Jul 2025NOK 7.8bNOK 5.2bNOK 327.0m22.4x23.8x1.5x
Wed, 11 Jun 2025NOK 7.3bNOK 5.2bNOK 327.0m20.7x22.3x1.4x
Fri, 09 May 2025NOK 7.0bNOK 5.2bNOK 343.0m20.2x20.4x1.4x
Sun, 06 Apr 2025NOK 6.7bNOK 5.1bNOK 326.0m20.4x20.5x1.3x
Tue, 04 Mar 2025NOK 6.2bNOK 5.1bNOK 326.0m18.9x19x1.2x
Thu, 30 Jan 2025NOK 5.6bNOK 5.0bNOK 285.0m19.4x19.6x1.1x
Sat, 28 Dec 2024NOK 5.5bNOK 5.0bNOK 274.2m19.2x20x1.1x
Mon, 25 Nov 2024NOK 4.9bNOK 5.0bNOK 274.2m17.2x18x1x
Wed, 23 Oct 2024NOK 7.7bNOK 6.2bNOK 397.9m19x19.4x1.3x
Fri, 20 Sep 2024NOK 8.5bNOK 6.1bNOK 390.3m21.4x21.7x1.4x
Sun, 18 Aug 2024NOK 7.6bNOK 6.0bNOK 436.8m16.7x17.3x1.3x
Tue, 16 Jul 2024NOK 7.6bNOK 6.0bNOK 436.9m16.8x17.4x1.3x
Thu, 13 Jun 2024NOK 7.6bNOK 6.0bNOK 430.7m16.8x17.6x1.3x
Sat, 11 May 2024NOK 8.5bNOK 6.7b-NOK 453,977,415.5817x-18.8x1.3x
Mon, 08 Apr 2024NOK 8.7bNOK 6.5b-NOK 532,548,368.7022.4x-16.4x1.3x
Wed, 06 Mar 2024NOK 8.6bNOK 6.5b-NOK 534,608,071.5322.2x-16x1.3x
Fri, 02 Feb 2024NOK 8.5bNOK 6.7b-NOK 684,440,059.0057.7x-12.4x1.3x
Sun, 31 Dec 2023NOK 7.6bNOK 6.7b-NOK 687,296,329.0047.7x-11.1x1.1x
Tue, 28 Nov 2023NOK 6.5bNOK 6.1bNOK 276.7m41.6x23.4x1.1x
Thu, 26 Oct 2023NOK 6.0bNOK 5.9bNOK 96.5m24.3x62.2x1x
Sat, 23 Sep 2023NOK 6.3bNOK 5.9bNOK 102.3m457.6x61.8x1.1x
Mon, 21 Aug 2023NOK 7.0bNOK 6.1b-NOK 802,084,728.00596.5x-8.7x1.1x
Wed, 19 Jul 2023NOK 6.6bNOK 6.0b-NOK 858,562,645.00527.8x-7.7x1.1x
Price to Earnings Ratio

-7.7x


Total Market Cap: NOK 6.6bTotal Earnings: -NOK 858,562,645.00Total Revenue: NOK 6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Hospitality Industry Price to Earnings3Y Average 14x202420252026
Current Industry PE
    There are only 2 companies in the Norwegian Hospitality industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
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 declined 2.2% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

NO Market-0.27%
Consumer Discretionary-3.06%
Hospitality-0.14%
Casinos and Gaming0%0
Leisure Facilities-0.12%
Hotels, Resorts and Cruise Lines-7.30%
Industry PE
  • Investors are most optimistic about the Leisure Facilities industry even though it's trading below its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 17.6%, which is lower than the prior year's growth of 41.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 42% per year.
  • In contrast, the Leisure Facilities 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
No data available

Latest News

HKY
NOK 58.00
Havila Kystruten
7D
-1.7%
1Y
-12.5%
Narrative Update • Jun 26

HKY: Higher Occupancy Trends Will Support Future Earnings Rebound Potential

Analysts have trimmed their price target for Havila Kystruten from NOK105.00 to NOK90.00, citing updated assumptions that include a higher discount rate, a lower projected profit margin at 1.39%, and a materially higher future P/E estimate of 65.40 relative to prior inputs. What’s in the News for Havila Kystruten Havila Kystruten reported operational results for April 2026, with occupancy at 73% and cabin nights up 18% compared with April 2025, supported by one additional roundtrip this year (source: company announcement).
SATS
NOK 40.80
Sats
7D
-0.1%
1Y
7.4%
Narrative Update • Jun 02

SATS: Spectrum Monetization And SpaceX Exposure Will Shape Future Returns

The analyst price target for Sats has shifted from NOK 48.00 to roughly NOK 46.70. Analysts point to updated assumptions around slightly lower revenue growth, a modestly lower discount rate, a marginally higher profit margin, and a lower future P/E multiple as key drivers of the change.
BSP
NOK 3.30
Black Sea Property
7D
-7.3%
1Y
-86.8%