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Norwegian (OSEAX) Commercial Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies9
- 7D-0.9%
- 3M-17.3%
- 1Y-35.3%
- YTD-22.4%
Over the last 7 days, the Commercial Services industry has remained flat, although notably Aker Horizons declined by 15%. As for the longer term, the industry has declined 35% in the last year. Looking forward, earnings are forecast to grow by 63% 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | kr14.0b | kr6.7b | -kr5,419,419,389.22 | n/a | -2.6x | 2.1x |
| Thu, 21 Mar 2024 | kr13.0b | kr6.1b | -kr7,569,278,122.81 | n/a | -1.7x | 2.1x |
| Sat, 17 Feb 2024 | kr16.5b | kr6.0b | -kr7,328,434,335.09 | 186.6x | -2.3x | 2.8x |
| Mon, 15 Jan 2024 | kr22.6b | kr6.1b | -kr7,821,036,737.00 | 218.7x | -2.9x | 3.7x |
| Wed, 13 Dec 2023 | kr22.5b | kr6.1b | -kr7,848,704,982.00 | 214.6x | -2.9x | 3.7x |
| Fri, 10 Nov 2023 | kr21.5b | kr6.2b | -kr7,793,003,287.00 | 198.6x | -2.8x | 3.5x |
| Sun, 08 Oct 2023 | kr21.5b | kr5.9b | -kr7,792,532,261.00 | 256x | -2.8x | 3.6x |
| Tue, 05 Sep 2023 | kr23.6b | kr5.9b | -kr7,784,548,559.00 | 259.4x | -3x | 4x |
| Thu, 03 Aug 2023 | kr27.3b | kr5.8b | -kr7,693,554,062.00 | 133.6x | -3.5x | 4.7x |
| Sat, 01 Jul 2023 | kr27.4b | kr5.1b | -kr3,725,071,201.00 | 103.7x | -7.4x | 5.4x |
| Mon, 29 May 2023 | kr26.7b | kr5.1b | -kr3,737,431,207.00 | 93.8x | -7.1x | 5.2x |
| Wed, 26 Apr 2023 | kr72.7b | kr17.2b | -kr2,801,390,554.00 | 50.3x | -25.9x | 4.2x |
| Fri, 24 Mar 2023 | kr77.3b | kr17.1b | -kr871,097,011.00 | 60.7x | -88.7x | 4.5x |
| Sun, 19 Feb 2023 | kr86.1b | kr16.4b | -kr97,306,568.00 | 9.4x | -884.4x | 5.3x |
| Tue, 17 Jan 2023 | kr87.6b | kr16.3b | -kr107,261,902.00 | 9.1x | -817.1x | 5.4x |
| Thu, 15 Dec 2022 | kr88.7b | kr16.2b | -kr87,110,731.00 | 8.8x | -1018.5x | 5.5x |
| Sat, 12 Nov 2022 | kr86.5b | kr16.2b | -kr48,732,985.00 | 9.1x | -1774.5x | 5.3x |
| Mon, 10 Oct 2022 | kr82.6b | kr15.5b | -kr211,540,693.00 | 46.5x | -390.6x | 5.3x |
| Wed, 07 Sep 2022 | kr103.6b | kr13.1b | kr606.0m | 60.8x | 171x | 7.9x |
| Fri, 05 Aug 2022 | kr109.4b | kr13.0b | kr702.6m | 62.2x | 155.7x | 8.4x |
| Sun, 03 Jul 2022 | kr93.9b | kr12.5b | kr741.9m | 51.3x | 126.6x | 7.5x |
| Tue, 31 May 2022 | kr98.3b | kr12.5b | kr753.8m | 49.7x | 130.5x | 7.8x |
| Thu, 28 Apr 2022 | kr98.4b | kr12.2b | kr1.0b | 179.2x | 93.8x | 8.1x |
| Sat, 26 Mar 2022 | kr91.7b | kr12.2b | kr1.1b | 190.2x | 82.6x | 7.5x |
| Mon, 21 Feb 2022 | kr87.2b | kr11.9b | kr1.2b | 51.2x | 74x | 7.4x |
| Wed, 19 Jan 2022 | kr102.9b | kr11.5b | kr1.1b | 72.2x | 94.1x | 8.9x |
| Fri, 17 Dec 2021 | kr125.7b | kr11.5b | kr1.1b | 80x | 114.6x | 10.9x |
| Sun, 14 Nov 2021 | kr124.8b | kr11.5b | kr1.1b | 78.6x | 112.7x | 10.8x |
| Tue, 12 Oct 2021 | kr100.0b | kr11.2b | kr659.5m | 368.6x | 151.6x | 8.9x |
| Thu, 09 Sep 2021 | kr105.8b | kr11.2b | kr658.6m | 367.5x | 160.6x | 9.5x |
| Sat, 07 Aug 2021 | kr102.3b | kr11.2b | kr658.6m | 366.1x | 155.3x | 9.1x |
| Fri, 30 Apr 2021 | kr88.4b | kr10.8b | kr513.6m | 204.4x | 172.1x | 8.2x |
Price to Earnings Ratio
172.1x
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 6.3x is higher than the industry's current PS ratio of 2.1x.
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 | -1.67% | |
| Industrials | -1.66% | |
| Commercial Services | -0.94% | |
| Commercial Printing | 0% | |
| Diversified Support Services | 0% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | 0% | |
| Environmental and Facilities Services | -0.94% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 63% over the next 5 years.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 63% 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 | kr30.00 | 1.5% +kr43.1m | 4.0% | PS15.6x | |
| PYRUM Pyrum Innovations | kr381.00 | 0.8% +kr9.8m | -16.1% | PS8.2x |
