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Norwegian (OSEAX) Healthtech Industry Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies5
  • 7D-10.7%
  • 3M-9.9%
  • 1Y-17.9%
  • YTDn/a

Over the last 7 days, the Healthtech industry has dropped 8.8%, driven by pullbacks from every company within the industry. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Feb 2024kr3.8bkr1.3b-kr245,347,177.0412.9x-15.3x2.8x
Thu, 25 Jan 2024kr4.5bkr1.3b-kr259,329,903.0018x-17.2x3.4x
Sat, 23 Dec 2023kr4.1bkr1.3b-kr257,851,590.0016.3x-15.8x3.1x
Mon, 20 Nov 2023kr4.3bkr1.3b-kr249,189,076.0016.5x-17.1x3.2x
Wed, 18 Oct 2023kr3.9bkr907.5m-kr309,818,684.0015.6x-12.6x4.3x
Fri, 15 Sep 2023kr3.6bkr898.2m-kr309,748,485.0016.4x-11.7x4x
Sun, 13 Aug 2023kr3.7bkr918.2m-kr337,926,053.0019.4x-10.8x4x
Tue, 11 Jul 2023kr3.8bkr907.7m-kr285,907,098.00138x-13.3x4.2x
Thu, 08 Jun 2023kr3.9bkr921.1m-kr288,204,253.00139.3x-13.4x4.2x
Sat, 06 May 2023kr3.8bkr900.6m-kr245,745,527.00136x-15.3x4.2x
Mon, 03 Apr 2023kr4.2bkr843.1m-kr196,521,965.0030.4x-21.2x4.9x
Wed, 01 Mar 2023kr4.7bkr1.2b-kr321,013,427.0031.2x-14.6x3.9x
Fri, 27 Jan 2023kr4.6bkr1.2b-kr302,625,096.0023.6x-15.2x4x
Sun, 25 Dec 2022kr4.7bkr1.1b-kr300,017,687.0024.8x-15.6x4.1x
Tue, 22 Nov 2022kr4.8bkr1.1b-kr261,250,317.0025.1x-18.3x4.2x
Thu, 20 Oct 2022kr4.6bkr1.1b-kr277,030,223.0057.7x-16.6x4.1x
Sat, 17 Sep 2022kr5.0bkr1.1b-kr260,465,923.0059x-19.1x4.5x
Mon, 15 Aug 2022kr6.0bkr1.1b-kr225,888,976.0075.2x-26.4x5.6x
Wed, 13 Jul 2022kr5.9bkr1.1b-kr213,598,463.0036.6x-27.5x5.6x
Fri, 10 Jun 2022kr5.8bkr1.1b-kr212,717,879.0039.6x-27.5x5.5x
Sun, 08 May 2022kr5.1bkr996.9m-kr149,926,419.0031.1x-33.7x5.1x
Tue, 05 Apr 2022kr6.6bkr962.6m-kr181,706,878.0025.3x-36.4x6.9x
Thu, 03 Mar 2022kr7.6bkr916.5m-kr128,505,949.001727.2x-59x8.3x
Sat, 29 Jan 2022kr8.5bkr884.9m-kr180,082,770.00n/a-47.1x9.6x
Mon, 27 Dec 2021kr9.8bkr886.4m-kr180,116,921.00n/a-54.7x11.1x
Wed, 24 Nov 2021kr10.5bkr809.0m-kr127,795,246.00n/a-82.5x13x
Fri, 22 Oct 2021kr11.3bkr779.6m-kr116,496,186.00n/a-97.3x14.5x
Sun, 19 Sep 2021kr12.1bkr765.2m-kr94,113,422.00179.1x-128.3x15.8x
Tue, 17 Aug 2021kr10.2bkr750.5m-kr86,395,460.21158.3x-118.4x13.6x
Tue, 01 Jun 2021kr7.1bkr577.4m-kr116,239,243.52n/a-61.1x12.3x
Fri, 05 Mar 2021kr7.5bkr539.0m-kr58,209,901.11122.1x-129.4x14x
Price to Earnings Ratio

-129.4x


Total Market Cap: kr7.5bTotal Earnings: -kr58,209,901.11Total Revenue: kr539.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Healthtech Industry Price to Earnings3Y Average -42.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 35% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Comparison

How does Norwegian Healthtech compare with similar industries?

NO Market-0.64%
Healthcare-5.17%
Healthtech-10.67%
Healthtech-10.67%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
No data available
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