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Norwegian (OSEAX) Hospitality Industry Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies2
  • 7D15.3%
  • 3M6.6%
  • 1Y27.8%
  • YTD16.6%

In the last week, the Hospitality industry is up 13%, with Sats up 13%. In the last 12 months, the industry was up 27%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026NOK 9.0bNOK 5.7bNOK 422.3m17.3x21.4x1.6x
Sun, 19 Jul 2026NOK 8.0bNOK 5.6bNOK 387.3m16.4x20.6x1.4x
Tue, 16 Jun 2026NOK 8.3bNOK 5.6bNOK 387.3m17x21.3x1.5x
Thu, 14 May 2026NOK 8.6bNOK 5.6bNOK 469.8m17.6x18.2x1.5x
Sat, 11 Apr 2026NOK 8.6bNOK 5.5bNOK 457.8m18.1x18.8x1.6x
Mon, 09 Mar 2026NOK 8.7bNOK 5.5bNOK 457.8m18.2x18.9x1.6x
Wed, 04 Feb 2026NOK 7.9bNOK 5.4bNOK 412.8m18.4x19.2x1.5x
Fri, 02 Jan 2026NOK 8.1bNOK 5.4bNOK 412.8m18.8x19.6x1.5x
Sun, 30 Nov 2025NOK 7.7bNOK 5.4bNOK 412.8m17.9x18.7x1.4x
Tue, 28 Oct 2025NOK 8.2bNOK 5.3bNOK 385.8m20.3x21.2x1.5x
Thu, 25 Sep 2025NOK 7.7bNOK 5.3bNOK 386.0m18.9x19.8x1.4x
Sat, 23 Aug 2025NOK 7.8bNOK 5.2bNOK 327.0m22.5x23.7x1.5x
Mon, 21 Jul 2025NOK 7.7bNOK 5.2bNOK 327.0m22.3x23.6x1.5x
Wed, 18 Jun 2025NOK 7.3bNOK 5.2bNOK 327.0m20.8x22.2x1.4x
Fri, 16 May 2025NOK 7.1bNOK 5.2bNOK 343.0m20.5x20.6x1.4x
Sun, 13 Apr 2025NOK 6.8bNOK 5.1bNOK 326.0m20.8x20.9x1.3x
Tue, 11 Mar 2025NOK 6.2bNOK 5.1bNOK 326.0m18.8x18.9x1.2x
Thu, 06 Feb 2025NOK 5.9bNOK 5.0bNOK 285.0m20.5x20.5x1.2x
Sat, 04 Jan 2025NOK 5.4bNOK 5.0bNOK 285.0m18.7x18.8x1.1x
Mon, 02 Dec 2024NOK 5.1bNOK 5.0bNOK 274.2m17.7x18.5x1x
Wed, 30 Oct 2024NOK 7.9bNOK 6.2bNOK 398.9m19.3x19.8x1.3x
Fri, 27 Sep 2024NOK 8.1bNOK 6.2bNOK 391.2m20.4x20.7x1.3x
Sun, 25 Aug 2024NOK 8.1bNOK 6.0bNOK 443.6m17.5x18.2x1.3x
Tue, 23 Jul 2024NOK 7.6bNOK 6.0bNOK 439.8m16.6x17.3x1.3x
Thu, 20 Jun 2024NOK 7.3bNOK 5.9bNOK 429.1m16.3x16.9x1.2x
Sat, 18 May 2024NOK 8.6bNOK 6.7b-NOK 472,218,304.9517.4x-18.3x1.3x
Mon, 15 Apr 2024NOK 8.8bNOK 6.5b-NOK 532,858,018.2622.4x-16.5x1.3x
Wed, 13 Mar 2024NOK 8.6bNOK 6.5b-NOK 534,445,940.3021.9x-16x1.3x
Fri, 09 Feb 2024NOK 8.3bNOK 6.7b-NOK 682,559,703.4754.7x-12.1x1.2x
Sun, 07 Jan 2024NOK 7.8bNOK 6.7b-NOK 686,042,674.0050.7x-11.3x1.2x
Tue, 05 Dec 2023NOK 7.2bNOK 6.7b-NOK 676,358,841.0041.5x-10.6x1.1x
Thu, 02 Nov 2023NOK 5.9bNOK 6.1bNOK 180.6m42.3x32.9x1x
Sat, 30 Sep 2023NOK 6.1bNOK 5.9bNOK 100.3m352.6x60.4x1x
Mon, 28 Aug 2023NOK 7.2bNOK 6.3b-NOK 720,502,131.00564.8x-9.9x1.1x
Price to Earnings Ratio

-9.9x


Total Market Cap: NOK 7.2bTotal Earnings: -NOK 720,502,131.00Total Revenue: NOK 6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Hospitality Industry Price to Earnings3Y Average 15.1x202420252026
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 3.5% 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 Market0.97%
Consumer Discretionary3.33%
Hospitality15.28%
Leisure Facilities15.31%
Casinos and Gaming0%0
Hotels, Resorts and Cruise Lines0%0
Industry PE
  • Investors are most optimistic about the Leisure Facilities industry even though it's trading below its 3-year average PE ratio of 19.9x.
    • Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 29.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 30% per year.
  • In contrast, the Leisure Facilities industry is expected to see its earnings grow by 19% 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
SATS SatsNOK 46.954.9%
+NOK 425.3m		22.4%PE17.4x

Latest News

SATS
NOK 46.95
Sats
7D
4.9%
1Y
22.4%
New Narrative • Aug 18

Long-Term Club Expansion And Higher Member Activity Will Support A Stronger Future Outlook

Catalysts About Sats Sats operates fitness clubs across the Nordics with a focus on membership based training offerings, including group training. What are the underlying business or industry changes driving this perspective?
HKY
NOK 52.50
Havila Kystruten
7D
-6.3%
1Y
-23.6%
BSP
NOK 2.42
Black Sea Property
7D
-24.4%
1Y
-75.8%