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Norwegian (OSEAX) Capital Markets Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
  • 7D-0.9%
  • 3M8.1%
  • 1Y-14.4%
  • YTD-12.1%

Over the last 7 days, the Capital Markets industry has dropped 1.5%, driven by a pullback from ABG Sundal Collier Holding of 2.3%. Meanwhile, Huddlestock Fintech actually outperformed within the industry, gaining 15% in the last week. Overall the industry is down 13% in 12 months.

Industry Valuation and Performance

Has the Norwegian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 7.0bNOK 3.0bNOK 1.0b11.7x6.7x2.3x
Sat, 19 Oct 2024NOK 6.9bNOK 3.0bNOK 993.8m8x6.9x2.3x
Mon, 16 Sep 2024NOK 7.6bNOK 3.0bNOK 982.0m8.2x7.7x2.6x
Wed, 14 Aug 2024NOK 7.9bNOK 3.0bNOK 1.0b10.2x7.7x2.7x
Fri, 12 Jul 2024NOK 8.2bNOK 3.0bNOK 1.0b10.3x7.9x2.7x
Sun, 09 Jun 2024NOK 7.9bNOK 2.8bNOK 983.3m9.2x8.1x2.8x
Tue, 07 May 2024NOK 7.9bNOK 2.9bNOK 984.2m10.7x8x2.8x
Thu, 04 Apr 2024NOK 7.4bNOK 2.9bNOK 986.0m12x7.5x2.6x
Sat, 02 Mar 2024NOK 7.4bNOK 3.0bNOK 986.0m11x7.5x2.5x
Mon, 29 Jan 2024NOK 7.8bNOK 2.9bNOK 1.0b11.3x7.8x2.7x
Wed, 27 Dec 2023NOK 7.8bNOK 2.9bNOK 1.0b11.4x7.8x2.7x
Fri, 24 Nov 2023NOK 8.0bNOK 2.9bNOK 1.0b11.8x7.8x2.7x
Sun, 22 Oct 2023NOK 7.2bNOK 2.9bNOK 1.0b10.4x7.1x2.5x
Tue, 19 Sep 2023NOK 7.4bNOK 2.8bNOK 1.0b10.8x7.3x2.6x
Thu, 17 Aug 2023NOK 7.4bNOK 2.8bNOK 1.0b12x7.4x2.6x
Sat, 15 Jul 2023NOK 7.1bNOK 2.8bNOK 998.8m8.5x7.1x2.5x
Mon, 12 Jun 2023NOK 7.4bNOK 2.8bNOK 1.0b7.7x7.1x2.6x
Wed, 10 May 2023NOK 7.3bNOK 2.8bNOK 1.0b7.7x7x2.6x
Fri, 07 Apr 2023NOK 7.6bNOK 2.3bNOK 444.3m13.5x17.1x3.4x
Sun, 05 Mar 2023NOK 8.2bNOK 2.3bNOK 444.3m14.9x18.5x3.6x
Tue, 31 Jan 2023NOK 7.2bNOK 2.5bNOK 557.7m11.1x13x2.9x
Thu, 29 Dec 2022NOK 6.8bNOK 2.5bNOK 557.7m10.5x12.1x2.7x
Sat, 26 Nov 2022NOK 6.9bNOK 2.5bNOK 557.7m10.8x12.4x2.8x
Mon, 24 Oct 2022NOK 6.3bNOK 2.5bNOK 552.4m9.6x11.5x2.5x
Wed, 21 Sep 2022NOK 6.3bNOK 2.6bNOK 547.4m15.1x11.4x2.4x
Fri, 19 Aug 2022NOK 7.0bNOK 2.6bNOK 559.4m17.6x12.4x2.7x
Sun, 17 Jul 2022NOK 6.8bNOK 2.6bNOK 559.4m17.4x12.2x2.6x
Tue, 14 Jun 2022NOK 7.2bNOK 3.0bNOK 713.4m17.7x10x2.4x
Thu, 12 May 2022NOK 6.9bNOK 3.0bNOK 736.1m15.8x9.4x2.3x
Sat, 09 Apr 2022NOK 7.8bNOK 3.2bNOK 853.5m15.9x9.1x2.4x
Mon, 07 Mar 2022NOK 7.7bNOK 3.3bNOK 853.5m16.2x9x2.4x
Wed, 02 Feb 2022NOK 7.7bNOK 3.3bNOK 918.8m15.5x8.4x2.3x
Fri, 31 Dec 2021NOK 7.7bNOK 3.3bNOK 918.8m14.8x8.3x2.3x
Sun, 28 Nov 2021NOK 7.1bNOK 3.3bNOK 861.7m26.4x8.2x2.2x
Price to Earnings Ratio

8.2x


Total Market Cap: NOK 7.1bTotal Earnings: NOK 861.7mTotal Revenue: NOK 3.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Capital Markets Industry Price to Earnings3Y Average 9.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Capital Markets 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 6.7x which is lower than its 3-year average PE of 9.3x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Financials industry?

NO Market3.06%
Financials1.13%
Capital Markets-0.86%
Asset Management0.074%
Diversified Capital Markets0%
Investment Banking and Brokerage-1.29%
Financial Exchanges and Data-7.87%
Industry PE
  • Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 9.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HUDL Huddlestock FintechNOK 0.5313.7%
+NOK 14.9m
-56.6%PS1.6x
NORTH North EnergyNOK 2.750.7%
+NOK 2.3m
27.9%PE11.7x
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Latest News

NBX

NOK 0.47

Norwegian Block Exchange

7D

-32.3%

1Y

-36.6%

NORTH

NOK 2.75

North Energy

7D

0.7%

1Y

27.9%

HUDL

NOK 0.53

Huddlestock Fintech

7D

13.7%

1Y

-56.6%

ABG

NOK 6.91

ABG Sundal Collier Holding

7D

-1.3%

1Y

19.1%