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Norwegian (OSEAX) Commercial Services Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies9
- 7D-1.7%
- 3M-13.8%
- 1Y-35.8%
- YTD-39.6%
Over the last 7 days, the Commercial Services industry has dropped 3.3%, driven by pullbacks in Vow and WPU - Waste Plastic Upcycling of 32% and 12%, respectively. However, the industry is down 37% over the past year. Looking forward, earnings are forecast to grow by 59% 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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | NOK 11.5b | NOK 6.8b | -NOK 5,499,418,317.24 | n/a | -2.1x | 1.7x |
| Tue, 22 Oct 2024 | NOK 12.6b | NOK 6.8b | -NOK 5,482,904,443.39 | n/a | -2.3x | 1.9x |
| Thu, 19 Sep 2024 | NOK 12.1b | NOK 6.8b | -NOK 5,473,899,895.14 | n/a | -2.2x | 1.8x |
| Sat, 17 Aug 2024 | NOK 12.9b | NOK 6.8b | -NOK 5,384,753,513.33 | n/a | -2.4x | 1.9x |
| Mon, 15 Jul 2024 | NOK 13.8b | NOK 6.6b | -NOK 5,396,773,372.58 | n/a | -2.6x | 2.1x |
| Wed, 12 Jun 2024 | NOK 13.5b | NOK 6.8b | -NOK 5,408,330,270.02 | n/a | -2.5x | 2x |
| Fri, 10 May 2024 | NOK 13.7b | NOK 6.8b | -NOK 5,390,791,345.78 | n/a | -2.5x | 2x |
| Sun, 07 Apr 2024 | NOK 14.2b | NOK 6.7b | -NOK 5,409,582,415.75 | n/a | -2.6x | 2.1x |
| Tue, 05 Mar 2024 | NOK 14.8b | NOK 6.0b | -NOK 7,494,602,934.22 | n/a | -2x | 2.4x |
| Thu, 01 Feb 2024 | NOK 22.7b | NOK 6.4b | -NOK 7,820,693,147.00 | 193x | -2.9x | 3.5x |
| Sat, 30 Dec 2023 | NOK 23.8b | NOK 6.1b | -NOK 7,815,684,856.00 | 217.2x | -3x | 3.9x |
| Mon, 27 Nov 2023 | NOK 21.7b | NOK 6.1b | -NOK 7,835,527,013.00 | 256.8x | -2.8x | 3.5x |
| Wed, 25 Oct 2023 | NOK 22.0b | NOK 5.9b | -NOK 7,801,702,471.00 | 240x | -2.8x | 3.7x |
| Fri, 22 Sep 2023 | NOK 23.9b | NOK 5.9b | -NOK 7,788,196,636.00 | 272.5x | -3.1x | 4x |
| Sun, 20 Aug 2023 | NOK 24.7b | NOK 5.8b | -NOK 7,706,661,224.00 | 119.4x | -3.2x | 4.3x |
| Tue, 18 Jul 2023 | NOK 26.5b | NOK 5.8b | -NOK 7,688,280,258.00 | 114.6x | -3.4x | 4.6x |
| Thu, 15 Jun 2023 | NOK 29.2b | NOK 5.1b | -NOK 3,716,872,840.00 | 105.6x | -7.9x | 5.8x |
| Sat, 13 May 2023 | NOK 24.8b | NOK 5.2b | -NOK 3,935,495,640.00 | 97.8x | -6.3x | 4.7x |
| Mon, 10 Apr 2023 | NOK 77.2b | NOK 17.2b | -NOK 2,755,531,191.00 | 58x | -28x | 4.5x |
| Wed, 08 Mar 2023 | NOK 79.9b | NOK 17.0b | -NOK 827,731,741.00 | 67.2x | -96.6x | 4.7x |
| Fri, 03 Feb 2023 | NOK 85.6b | NOK 16.3b | -NOK 113,907,114.00 | 8.7x | -751.5x | 5.3x |
| Sun, 01 Jan 2023 | NOK 78.7b | NOK 16.2b | -NOK 89,845,636.00 | 8.7x | -876.2x | 4.9x |
| Tue, 29 Nov 2022 | NOK 84.8b | NOK 16.2b | -NOK 105,108,148.00 | 9.1x | -806.9x | 5.2x |
| Thu, 27 Oct 2022 | NOK 78.5b | NOK 16.1b | NOK 38.8m | 6.6x | 2025.7x | 4.9x |
| Sat, 24 Sep 2022 | NOK 84.2b | NOK 15.4b | -NOK 205,080,929.00 | 49.8x | -410.8x | 5.5x |
| Mon, 22 Aug 2022 | NOK 110.0b | NOK 13.0b | NOK 702.8m | 64.2x | 156.5x | 8.4x |
| Wed, 20 Jul 2022 | NOK 91.1b | NOK 13.0b | NOK 694.7m | 52.9x | 131.2x | 7x |
| Fri, 17 Jun 2022 | NOK 83.8b | NOK 12.5b | NOK 739.4m | 43x | 113.4x | 6.7x |
| Sun, 15 May 2022 | NOK 90.3b | NOK 12.5b | NOK 1.0b | 46.7x | 88.3x | 7.2x |
| Tue, 12 Apr 2022 | NOK 108.2b | NOK 12.2b | NOK 1.1b | 211.7x | 100.2x | 8.9x |
| Thu, 10 Mar 2022 | NOK 85.4b | NOK 11.9b | NOK 1.1b | 198.4x | 76.5x | 7.2x |
| Sat, 05 Feb 2022 | NOK 89.4b | NOK 11.5b | NOK 1.1b | 59.5x | 81.7x | 7.8x |
| Mon, 03 Jan 2022 | NOK 129.4b | NOK 11.5b | NOK 1.1b | 86.2x | 117.8x | 11.2x |
| Wed, 01 Dec 2021 | NOK 129.4b | NOK 11.5b | NOK 1.1b | 82.6x | 118.2x | 11.2x |
Price to Earnings Ratio
118.2x
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 4.9x is higher than the industry's current PS ratio of 1.7x.
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 16% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | 1.06% | |
| Industrials | 2.52% | |
| Commercial Services | -1.73% | |
| Commercial Printing | 0% | |
| Diversified Support Services | 0% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | 0% | |
| Environmental and Facilities Services | -1.73% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 59% over the next 5 years.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 59% 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 | |
|---|---|---|---|---|---|
| AGLX Agilyx | NOK 34.55 | 1.2% +NOK 43.9m | 59.2% | PS200.4x | |
| PYRUM Pyrum Innovations | NOK 332.00 | 3.8% +NOK 43.4m | -23.5% | PS11.5x | |
| OCEAN Ocean GeoLoop | NOK 4.88 | 8.9% +NOK 21.1m | -45.7% | PS1.3x | |
| STECH Soiltech | NOK 47.70 | 2.1% +NOK 7.9m | n/a | n/a |