Norwegian (OSEAX) Diversified Banks Industry Analysis

Industry Valuation and Performance

Has the Norwegian Diversified Banks Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE
Fri, 13 May 2022	kr317.1b	kr72.1b	kr27.9b	10.2x
Sun, 10 Apr 2022	kr362.0b	kr73.5b	kr28.5b	11.7x
Tue, 08 Mar 2022	kr353.4b	kr76.4b	kr30.3b	11.2x
Thu, 03 Feb 2022	kr409.8b	kr74.1b	kr29.8b	12.4x
Sat, 01 Jan 2022	kr72.3b	kr19.7b	kr6.4b	11.8x
Mon, 29 Nov 2021	kr70.7b	kr19.7b	kr6.4b	11.3x
Wed, 27 Oct 2021	kr397.7b	kr68.6b	kr27.5b	11.2x
Fri, 24 Sep 2021	kr363.4b	kr68.6b	kr27.5b	10.6x
Sun, 22 Aug 2021	kr356.2b	kr68.6b	kr27.5b	10.2x
Fri, 09 Jul 2021	kr66.6b	kr19.9b	kr6.5b	10.5x
Thu, 01 Apr 2021	kr61.4b	kr19.7b	kr6.6b	9.5x
Sun, 03 Jan 2021	kr51.8b	kr18.8b	kr6.2b	8.8x
Wed, 07 Oct 2020	kr47.2b	kr18.3b	kr5.6b	9x
Tue, 30 Jun 2020	kr45.6b	kr18.4b	kr5.5b	7.7x
Fri, 03 Apr 2020	kr33.4b	kr18.4b	kr5.2b	7.6x
Mon, 06 Jan 2020	kr52.1b	kr19.5b	kr5.8b	8.9x
Thu, 10 Oct 2019	kr45.1b	kr19.2b	kr5.9b	7.5x
Wed, 03 Jul 2019	kr42.3b	kr18.7b	kr5.7b	7.5x

Median PE Ratio

7.7x

Fri, 31 May 2019

Current Industry PE

Investors are relatively neutral on the 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 PE ratio of 9.4x.

Past Earnings Growth

The earnings for companies in the Diversified Banks industry have grown 71% per year over the last three years.
Revenues for these companies have grown 58% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian Diversified Banks compare with similar industries?


NO Market	-4.19%
Financials	-3.53%
Banks	-3.23%
Diversified Banks	-3.16%
Regional Banks	-3.49%

Industry PEThere is insufficient data on the sub-industries of this industry.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

	Company	Last Price	7D	1Y	Valuation
	DNB DNB Bank	kr185.15	1.1% +kr3.2b	n/a	PB1.2x

Company

Last Price

Valuation

DNB DNB Bank

kr185.15

1.1%
+kr3.2b

n/a

PB1.2x

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

First quarter 2022 results: EPS: kr2.77 (up from kr2.05 in 1Q 2021). Revenue: kr1.25b (up 30% from 1Q 2021). Net income: kr756.0m (up 244% from 1Q 2021). Profit margin: 60% (up from 23% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 1.7%, compared to a 8.9% growth forecast for the industry in Norway. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.

Norwegian (OSEAX) Diversified Banks Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

SOR

First quarter 2022 earnings: Revenues miss analyst expectations

SPOL

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

DNB

High number of new directors

SVEG

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

KOMP

Intrum Capital AS entered into an agreement to acquire Portfolio of Norwegian Non Performing Consumer Loans, Credit Card Loans and Point of Sales Financing from Komplett Bank ASA (OB:KOMP) for NOK 700 million.

BRA

First quarter 2022 earnings: Revenues in line with analyst expectations

PARB

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

RING

No independent directors

SPOG

No independent directors