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Jun 05
Norwegian (OSEAX) Commercial Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
- 7D-1.7%
- 3M-0.1%
- 1Y-45.0%
- YTD-24.9%
Over the last 7 days, the Commercial Services industry has dropped 1.7%, driven by declines in Aker Carbon Capture and Aker Horizons of 3.6% and 6.9%, respectively. However, the industry is down 45% over the past year. Earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Norwegian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | NOK 13.8b | NOK 6.8b | -NOK 5,353,651,894.05 | n/a | -2.6x | 2x |
| Sun, 23 Jun 2024 | NOK 13.2b | NOK 6.8b | -NOK 5,400,552,025.80 | n/a | -2.5x | 1.9x |
| Tue, 21 May 2024 | NOK 14.2b | NOK 6.8b | -NOK 5,383,136,323.67 | n/a | -2.6x | 2.1x |
| Thu, 18 Apr 2024 | NOK 13.9b | NOK 6.7b | -NOK 5,418,755,045.89 | n/a | -2.6x | 2.1x |
| Sat, 16 Mar 2024 | NOK 13.9b | NOK 6.1b | -NOK 7,570,843,663.68 | n/a | -1.8x | 2.3x |
| Mon, 12 Feb 2024 | NOK 16.9b | NOK 6.0b | -NOK 7,330,262,827.83 | 184.8x | -2.3x | 2.8x |
| Wed, 10 Jan 2024 | NOK 22.5b | NOK 6.1b | -NOK 7,823,181,315.00 | 215.4x | -2.9x | 3.7x |
| Fri, 08 Dec 2023 | NOK 22.6b | NOK 6.1b | -NOK 7,844,257,724.00 | 230.3x | -2.9x | 3.7x |
| Sun, 05 Nov 2023 | NOK 22.0b | NOK 6.2b | -NOK 7,789,257,184.00 | 194.1x | -2.8x | 3.6x |
| Tue, 03 Oct 2023 | NOK 23.7b | NOK 5.9b | -NOK 7,787,166,259.00 | 265.8x | -3x | 4x |
| Thu, 31 Aug 2023 | NOK 23.6b | NOK 5.9b | -NOK 7,743,693,752.00 | 241.1x | -3x | 4x |
| Sat, 29 Jul 2023 | NOK 27.6b | NOK 5.8b | -NOK 7,690,385,287.00 | 137.7x | -3.6x | 4.8x |
| Mon, 26 Jun 2023 | NOK 27.5b | NOK 5.1b | -NOK 3,728,542,400.00 | 93.3x | -7.4x | 5.4x |
| Wed, 24 May 2023 | NOK 27.3b | NOK 5.3b | -NOK 3,970,329,496.00 | 100.3x | -6.9x | 5.2x |
| Fri, 21 Apr 2023 | NOK 73.9b | NOK 17.2b | -NOK 2,795,770,935.00 | 55.6x | -26.4x | 4.3x |
| Sun, 19 Mar 2023 | NOK 76.0b | NOK 17.0b | -NOK 833,187,269.00 | 62.5x | -91.2x | 4.5x |
| Tue, 14 Feb 2023 | NOK 85.9b | NOK 16.3b | -NOK 113,549,209.00 | 8.7x | -756.2x | 5.3x |
| Thu, 12 Jan 2023 | NOK 87.0b | NOK 16.3b | -NOK 109,964,398.00 | 8.7x | -791.4x | 5.4x |
| Sat, 10 Dec 2022 | NOK 90.0b | NOK 16.2b | -NOK 93,627,676.00 | 8.9x | -961.4x | 5.5x |
| Mon, 07 Nov 2022 | NOK 78.2b | NOK 16.2b | -NOK 54,280,401.00 | 9.1x | -1441.2x | 4.8x |
| Wed, 05 Oct 2022 | NOK 91.5b | NOK 15.5b | -NOK 208,143,348.00 | 55x | -439.4x | 5.9x |
| Fri, 02 Sep 2022 | NOK 106.2b | NOK 13.1b | NOK 608.3m | 61.7x | 174.6x | 8.1x |
| Sun, 31 Jul 2022 | NOK 106.9b | NOK 13.0b | NOK 704.6m | 61.7x | 151.7x | 8.2x |
| Tue, 28 Jun 2022 | NOK 90.9b | NOK 12.5b | NOK 745.2m | 47.1x | 122x | 7.3x |
| Thu, 26 May 2022 | NOK 92.8b | NOK 12.5b | NOK 751.5m | 46.1x | 123.5x | 7.4x |
| Sat, 23 Apr 2022 | NOK 105.8b | NOK 12.2b | NOK 1.1b | 193.1x | 98x | 8.7x |
| Mon, 21 Mar 2022 | NOK 93.0b | NOK 12.2b | NOK 1.1b | 199.6x | 83.9x | 7.6x |
| Wed, 16 Feb 2022 | NOK 88.9b | NOK 11.9b | NOK 988.6m | 53.2x | 90x | 7.5x |
| Fri, 14 Jan 2022 | NOK 111.8b | NOK 11.5b | NOK 1.1b | 75.5x | 102x | 9.7x |
| Sun, 12 Dec 2021 | NOK 128.1b | NOK 11.5b | NOK 1.1b | 83.9x | 116.8x | 11.1x |
| Tue, 09 Nov 2021 | NOK 122.3b | NOK 11.5b | NOK 775.1m | 372.8x | 157.8x | 10.6x |
| Thu, 07 Oct 2021 | NOK 96.9b | NOK 11.2b | NOK 658.7m | 326.5x | 147.2x | 8.7x |
| Sat, 04 Sep 2021 | NOK 106.8b | NOK 11.2b | NOK 658.6m | 368.6x | 162.2x | 9.5x |
| Mon, 02 Aug 2021 | NOK 102.9b | NOK 11.2b | NOK 658.6m | 361.5x | 156.2x | 9.2x |
Price to Earnings Ratio
156.2x
Current Industry PE
- Investors are pessimistic on the Norwegian Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Commercial Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 15% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | -1.27% | |
| Industrials | -1.11% | |
| Commercial Services | -1.74% | |
| Commercial Printing | 0% | |
| Diversified Support Services | 0% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | 0% | |
| Environmental and Facilities Services | -1.74% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 64% over the next 5 years.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 64% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ACC Aker Carbon Capture | NOK 6.35 | 1.5% +NOK 57.4m | -59.3% | PS2.4x | |
| AGLX Agilyx | NOK 33.65 | 1.4% +NOK 43.1m | 12.2% | PS49.7x | |
| OCEAN Ocean GeoLoop | NOK 11.40 | 4.6% +NOK 26.4m | -24.0% | PS3.5x |