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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies4
  • 7D1.3%
  • 3M7.2%
  • 1Y23.8%
  • YTD3.0%

The Electrical industry is up 1.4% in the last week, with Nel up 4.8%. This takes the industry's 12 month performance to a gain of 23%. As for the next few years, earnings are expected to grow by 49% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026NOK 7.6bNOK 3.3b-NOK 1,932,756,886.4650x-3.9x2.3x
Mon, 02 Feb 2026NOK 7.1bNOK 3.2b-NOK 1,040,081,105.7852.8x-6.9x2.2x
Wed, 31 Dec 2025NOK 6.8bNOK 3.2b-NOK 1,049,482,480.5457.4x-6.5x2.1x
Fri, 28 Nov 2025NOK 7.1bNOK 3.8b-NOK 1,049,947,764.5956.2x-6.8x1.9x
Sun, 26 Oct 2025NOK 7.5bNOK 3.8b-NOK 1,089,766,030.95435x-6.9x2x
Tue, 23 Sep 2025NOK 7.1bNOK 3.8b-NOK 1,091,209,624.14430.7x-6.5x1.9x
Thu, 21 Aug 2025NOK 7.5bNOK 3.2b-NOK 1,136,553,453.53n/a-6.6x2.3x
Sat, 19 Jul 2025NOK 7.9bNOK 3.2b-NOK 1,133,927,136.92n/a-6.9x2.4x
Mon, 16 Jun 2025NOK 7.0bNOK 3.4b-NOK 1,174,998,108.88n/a-6x2x
Wed, 14 May 2025NOK 7.4bNOK 3.5b-NOK 1,140,707,410.12n/a-6.5x2.1x
Fri, 11 Apr 2025NOK 5.8bNOK 3.6b-NOK 908,708,614.09n/a-6.4x1.6x
Sun, 09 Mar 2025NOK 5.4bNOK 3.9b-NOK 636,712,000.00n/a-8.4x1.4x
Tue, 04 Feb 2025NOK 5.8bNOK 4.3b-NOK 989,946,000.00n/a-5.8x1.3x
Thu, 02 Jan 2025NOK 6.1bNOK 4.3b-NOK 989,946,000.00n/a-6.2x1.4x
Sat, 30 Nov 2024NOK 6.5bNOK 4.4b-NOK 998,477,000.00n/a-6.5x1.5x
Mon, 28 Oct 2024NOK 9.5bNOK 4.5b-NOK 954,554,000.0034.8x-9.9x2.1x
Wed, 25 Sep 2024NOK 9.7bNOK 4.6b-NOK 1,005,749,000.0033.2x-9.7x2.1x
Fri, 23 Aug 2024NOK 10.9bNOK 4.5b-NOK 1,013,003,000.0037.9x-10.8x2.4x
Sun, 21 Jul 2024NOK 12.0bNOK 4.7b-NOK 1,001,573,000.0054.5x-12x2.6x
Tue, 18 Jun 2024NOK 12.5bNOK 4.7b-NOK 1,180,457,481.3861.5x-10.6x2.7x
Thu, 16 May 2024NOK 12.2bNOK 4.7b-NOK 1,181,714,854.4559.5x-10.3x2.6x
Sat, 13 Apr 2024NOK 10.9bNOK 4.1b-NOK 1,309,889,467.3956.5x-8.3x2.7x
Mon, 11 Mar 2024NOK 10.2bNOK 4.7b-NOK 1,320,563,704.4468.5x-7.8x2.2x
Wed, 07 Feb 2024NOK 11.1bNOK 4.4b-NOK 1,938,556,263.90310.9x-5.7x2.5x
Fri, 05 Jan 2024NOK 14.4bNOK 4.4b-NOK 1,937,715,275.00281.2x-7.4x3.2x
Sun, 03 Dec 2023NOK 15.6bNOK 4.4b-NOK 1,943,343,771.00228.4x-8x3.6x
Tue, 31 Oct 2023NOK 14.2bNOK 4.2b-NOK 1,967,705,021.00n/a-7.2x3.4x
Thu, 28 Sep 2023NOK 17.9bNOK 4.0b-NOK 1,936,558,692.0035.8x-9.2x4.5x
Sat, 26 Aug 2023NOK 23.8bNOK 4.0b-NOK 1,938,743,278.0035.8x-12.3x6x
Mon, 24 Jul 2023NOK 27.8bNOK 3.8b-NOK 1,942,242,092.0035.8x-14.3x7.4x
Wed, 21 Jun 2023NOK 28.5bNOK 3.3b-NOK 1,845,581,570.0035.8x-15.4x8.6x
Fri, 19 May 2023NOK 29.7bNOK 3.3b-NOK 1,845,930,765.0035.8x-16.1x8.9x
Sun, 16 Apr 2023NOK 28.0bNOK 2.9b-NOK 1,570,570,222.0035.8x-17.8x9.8x
Tue, 14 Mar 2023NOK 28.5bNOK 2.9b-NOK 1,570,080,593.0035.8x-18.2x9.9x
Price to Earnings Ratio

-18.2x


Total Market Cap: NOK 28.5bTotal Earnings: -NOK 1,570,080,593.00Total Revenue: NOK 2.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -9.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% 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 Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market1.13%
Industrials-0.47%
Electrical1.32%
Heavy Electrical Equipment4.41%
Electrical Components-1.75%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 59% over the next 5 years.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 34% 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
    		NEL NelNOK 2.134.4%
    +NOK 165.4m    		7.7%PS4.1x
    		OTOVO OtovoNOK 11.36-5.4%
    NOK 123.9m    		-18.6%PS1.3x

    Latest News

    OTOVO
    NOK 11.36
    Otovo
    7D
    -5.4%
    1Y
    -18.6%
    CAVEN
    NOK 6.87
    Cavendish Hydrogen
    7D
    -0.1%
    1Y
    52.7%
    NEL
    NOK 2.13
    Nel
    7D
    4.4%
    1Y
    7.7%
    ZAP
    NOK 31.00
    Zaptec
    7D
    -0.8%
    1Y
    90.5%