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Norwegian (OSEAX) Healthcare Sector Analysis

UpdatedJan 30, 2025
DataAggregated Company Financials
Companies25
  • 7D2.1%
  • 3M0.7%
  • 1Y-35.0%
  • YTD0.1%

In the last week, the Healthcare industry is up 2.6%, with Medistim up 5.1%. In the same time, Oncoinvent was down 17%. In the past year, the industry is down 34%. Looking forward, earnings are forecast to grow by 49% annually.

Sector Valuation and Performance

Has the Norwegian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jan 2025NOK 16.8bNOK 3.8b-NOK 1,104,834,227.1924.9x-15.2x4.5x
Sat, 28 Dec 2024NOK 16.1bNOK 3.8b-NOK 1,107,665,857.5625.6x-14.5x4.3x
Mon, 25 Nov 2024NOK 16.6bNOK 4.0b-NOK 980,024,949.4323.3x-17x4.1x
Wed, 23 Oct 2024NOK 17.6bNOK 4.0b-NOK 975,910,616.7320.1x-18x4.4x
Fri, 20 Sep 2024NOK 18.4bNOK 4.0b-NOK 952,470,634.8919.4x-19.4x4.6x
Sun, 18 Aug 2024NOK 21.2bNOK 4.0b-NOK 922,580,043.3620.3x-23x5.2x
Tue, 16 Jul 2024NOK 21.8bNOK 4.0b-NOK 973,712,869.8216.9x-22.4x5.4x
Thu, 13 Jun 2024NOK 23.0bNOK 4.2b-NOK 1,128,672,257.2117.6x-20.4x5.4x
Sat, 11 May 2024NOK 21.5bNOK 4.2b-NOK 1,131,496,368.7818.6x-19x5.1x
Mon, 08 Apr 2024NOK 22.0bNOK 4.2b-NOK 1,114,344,892.3328.8x-19.7x5.3x
Wed, 06 Mar 2024NOK 26.0bNOK 4.2b-NOK 1,083,735,913.3528.4x-24x6.2x
Fri, 02 Feb 2024NOK 29.3bNOK 4.1b-NOK 1,585,917,333.0023.6x-18.5x7.2x
Sun, 31 Dec 2023NOK 30.4bNOK 4.1b-NOK 1,574,472,572.0023.2x-19.3x7.5x
Tue, 28 Nov 2023NOK 27.8bNOK 4.1b-NOK 1,586,213,378.0021.5x-17.6x6.8x
Thu, 26 Oct 2023NOK 25.0bNOK 3.4b-NOK 1,903,058,503.0031.5x-13.1x7.3x
Sat, 23 Sep 2023NOK 28.7bNOK 3.6b-NOK 1,809,687,577.0033.4x-15.9x8.1x
Mon, 21 Aug 2023NOK 28.3bNOK 3.5b-NOK 1,849,937,079.0032.7x-15.3x8.2x
Wed, 19 Jul 2023NOK 28.9bNOK 3.4b-NOK 1,814,620,112.0030.2x-15.9x8.6x
Fri, 16 Jun 2023NOK 30.3bNOK 3.4b-NOK 1,837,616,377.0042.1x-16.5x9x
Sun, 14 May 2023NOK 30.2bNOK 3.4b-NOK 1,789,119,443.0044.3x-16.9x8.9x
Tue, 11 Apr 2023NOK 29.8bNOK 3.1b-NOK 1,865,655,128.0031.7x-16x9.6x
Thu, 09 Mar 2023NOK 30.0bNOK 3.1b-NOK 2,020,747,994.0030.4x-14.8x9.6x
Sat, 04 Feb 2023NOK 34.4bNOK 3.6b-NOK 1,859,551,961.0034.9x-18.5x9.6x
Mon, 02 Jan 2023NOK 34.1bNOK 3.6b-NOK 1,831,061,110.0035.9x-18.6x9.6x
Wed, 30 Nov 2022NOK 32.8bNOK 3.6b-NOK 1,827,716,959.0038.9x-18x9.2x
Fri, 28 Oct 2022NOK 31.6bNOK 3.4b-NOK 1,740,954,911.0039.1x-18.2x9.2x
Sun, 25 Sep 2022NOK 29.9bNOK 3.4b-NOK 1,774,795,953.0053.9x-16.8x8.7x
Tue, 23 Aug 2022NOK 37.5bNOK 3.3b-NOK 1,733,766,932.0062.6x-21.7x11.3x
Thu, 21 Jul 2022NOK 37.3bNOK 3.3b-NOK 1,743,337,857.0082.4x-21.4x11.3x
Sat, 18 Jun 2022NOK 36.7bNOK 3.7b-NOK 1,359,401,050.0058.1x-27x10.1x
Mon, 16 May 2022NOK 35.9bNOK 3.5b-NOK 1,240,056,127.0047.3x-28.9x10.1x
Wed, 13 Apr 2022NOK 42.4bNOK 3.5b-NOK 1,201,678,665.0043.9x-35.3x12.3x
Fri, 11 Mar 2022NOK 41.3bNOK 5.1bNOK 204.2m40x202x8x
Sun, 06 Feb 2022NOK 50.9bNOK 4.9bNOK 281.5m45.6x180.9x10.3x
Price to Earnings Ratio

180.9x


Total Market Cap: NOK 50.9bTotal Earnings: NOK 281.5mTotal Revenue: NOK 4.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Healthcare Sector Price to Earnings3Y Average -7.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 8.7% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the Norwegian Healthcare sector?

NO Market1.24%
Healthcare2.07%
Medical Equipment6.33%
Healthcare Services5.99%
Pharma3.53%
Biotech1.54%
Life Sciences0%0
Healthtech-2.03%
Industry PE
  • Investors are most optimistic about the Pharma industry which is trading above its 3-year average PE ratio of 31.9x.
    • Analysts are expecting annual earnings growth of 80.1%, which is higher than its past year's earnings growth of 0.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings growth rate of 0.7% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 15% 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
MEDI MedistimNOK 158.507.8%
+NOK 210.6m		-26.6%PE28.6x
HBC Hofseth BioCareNOK 3.1510.5%
+NOK 123.3m		32.4%PS5.2x
PHO PhotocureNOK 55.805.7%
+NOK 81.3m		-14.7%PE106.8x
NORDH NordhealthNOK 41.501.7%
+NOK 55.3m		54.9%PS6.4x
AZT ArcticZymes TechnologiesNOK 14.543.9%
+NOK 27.6m		-57.0%PE160.5x
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Latest News

TRMED

NOK 2.61

Thor Medical

7D

-7.3%

1Y

127.0%

OMDA

NOK 36.60

Omda

7D

-1.1%

1Y

10.6%

Omda (OB:OMDA) Has A Somewhat Strained Balance Sheet

Jan 26
Omda (OB:OMDA) Has A Somewhat Strained Balance Sheet

INIFY

NOK 4.70

INIFY Laboratories

7D

11.9%

1Y

-60.8%

GENT

NOK 45.00

Gentian Diagnostics

7D

0.9%

1Y

9.8%

ONCIN

NOK 2.60

Oncoinvent

7D

-4.4%

1Y

n/a

NORDH

NOK 41.50

Nordhealth

7D

1.7%

1Y

54.9%

AZT

NOK 14.54

ArcticZymes Technologies

7D

3.9%

1Y

-57.0%

LIFE

NOK 12.00

Lifecare

7D

-3.6%

1Y

-76.8%

BGBIO

NOK 7.98

BerGenBio

7D

-4.4%

1Y

-70.2%

NYKD

NOK 2.63

Nykode Therapeutics

7D

-4.6%

1Y

-85.3%

MEDI

NOK 158.50

Medistim

7D

7.8%

1Y

-26.6%

NAVA

NOK 24.00

Navamedic

7D

-2.0%

1Y

-37.7%

PHO

NOK 55.80

Photocure

7D

5.7%

1Y

-14.7%

Photocure ASA's (OB:PHO) Shares Leap 29% Yet They're Still Not Telling The Full Story

Dec 21
Photocure ASA's (OB:PHO) Shares Leap 29% Yet They're Still Not Telling The Full Story

CONTX

NOK 5.16

ContextVision

7D

1.2%

1Y

-42.5%

HBC

NOK 3.15

Hofseth BioCare

7D

10.5%

1Y

32.4%

VISTN

NOK 23.50

Vistin Pharma

7D

-2.1%

1Y

-0.8%