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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedJun 21, 2025
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M-6.0%
  • 1Y-44.1%
  • YTD5.2%

Over the last 7 days, the Electrical industry has dropped 8.9%, driven by declines from every company within the industry. Overall the industry is down 49% in 12 months. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Jun 2025NOK 7.0bNOK 3.4b-NOK 1,180,720,297.51n/a-6x2.1x
Mon, 19 May 2025NOK 6.9bNOK 3.4b-NOK 1,179,292,107.38n/a-5.9x2x
Wed, 16 Apr 2025NOK 6.3bNOK 3.6b-NOK 908,161,011.96n/a-7x1.7x
Fri, 14 Mar 2025NOK 7.6bNOK 4.2b-NOK 900,009,088.13n/a-8.4x1.8x
Sun, 09 Feb 2025NOK 5.7bNOK 4.3b-NOK 989,946,000.00n/a-5.8x1.3x
Tue, 07 Jan 2025NOK 6.7bNOK 4.3b-NOK 989,946,000.00n/a-6.8x1.6x
Thu, 05 Dec 2024NOK 6.5bNOK 4.4b-NOK 998,477,000.00n/a-6.5x1.5x
Sat, 02 Nov 2024NOK 8.8bNOK 4.5b-NOK 954,554,000.0033.5x-9.3x2x
Mon, 30 Sep 2024NOK 9.6bNOK 4.6b-NOK 1,005,749,000.0033.8x-9.6x2.1x
Wed, 28 Aug 2024NOK 10.9bNOK 4.5b-NOK 1,013,660,000.0037.9x-10.7x2.4x
Fri, 26 Jul 2024NOK 12.1bNOK 4.7b-NOK 1,001,573,000.0055.3x-12.1x2.6x
Sun, 23 Jun 2024NOK 12.2bNOK 4.7b-NOK 1,184,609,426.6561.2x-10.3x2.6x
Tue, 21 May 2024NOK 11.9bNOK 4.7b-NOK 1,181,626,286.1358.9x-10.1x2.5x
Thu, 18 Apr 2024NOK 9.7bNOK 4.1b-NOK 1,140,752,683.0554.2x-8.5x2.3x
Sat, 16 Mar 2024NOK 10.4bNOK 4.7b-NOK 1,321,747,319.7764.2x-7.9x2.2x
Mon, 12 Feb 2024NOK 11.1bNOK 4.5b-NOK 1,962,513,130.13322.2x-5.7x2.5x
Wed, 10 Jan 2024NOK 13.6bNOK 4.4b-NOK 1,937,942,897.00269.7x-7x3.1x
Fri, 08 Dec 2023NOK 15.4bNOK 4.4b-NOK 1,944,446,045.00233.9x-7.9x3.5x
Sun, 05 Nov 2023NOK 17.1bNOK 4.2b-NOK 1,967,851,937.00n/a-8.7x4.1x
Tue, 03 Oct 2023NOK 17.8bNOK 4.0b-NOK 1,937,149,662.0035.8x-9.2x4.5x
Thu, 31 Aug 2023NOK 23.7bNOK 4.0b-NOK 1,938,568,017.0035.8x-12.2x6x
Sat, 29 Jul 2023NOK 27.3bNOK 3.8b-NOK 1,942,292,225.0035.8x-14.1x7.2x
Mon, 26 Jun 2023NOK 25.0bNOK 3.3b-NOK 1,846,216,769.0035.8x-13.6x7.5x
Wed, 24 May 2023NOK 30.4bNOK 3.3b-NOK 1,846,154,989.0035.8x-16.5x9.1x
Fri, 21 Apr 2023NOK 27.5bNOK 2.9b-NOK 1,571,847,901.0035.8x-17.5x9.6x
Sun, 19 Mar 2023NOK 28.9bNOK 2.9b-NOK 1,570,668,110.0035.8x-18.4x10x
Tue, 14 Feb 2023NOK 32.3bNOK 2.7b-NOK 1,099,798,347.0032.2x-29.4x12x
Thu, 12 Jan 2023NOK 31.3bNOK 2.6b-NOK 1,040,514,373.0041.1x-30x12.1x
Sat, 10 Dec 2022NOK 28.1bNOK 2.6b-NOK 1,039,006,513.0039.3x-27.1x10.9x
Mon, 07 Nov 2022NOK 25.4bNOK 2.4b-NOK 1,019,461,454.00696.2x-24.9x10.4x
Wed, 05 Oct 2022NOK 26.2bNOK 1.9b-NOK 1,237,921,163.001414.6x-21.2x13.9x
Fri, 02 Sep 2022NOK 28.6bNOK 1.9b-NOK 1,235,278,871.001459x-23.1x15.1x
Sun, 31 Jul 2022NOK 32.8bNOK 1.8b-NOK 1,254,378,749.00447.9x-26.2x18.2x
Tue, 28 Jun 2022NOK 26.9bNOK 1.7b-NOK 1,237,754,749.00370.9x-21.7x15.6x
Price to Earnings Ratio

-21.7x


Total Market Cap: NOK 26.9bTotal Earnings: -NOK 1,237,754,749.00Total Revenue: NOK 1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -13.3x202320242025
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 6.0x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • Losses for companies in the Electrical industry have mostly stayed the same over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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 and as a result, losses haven't seen much improvement.

Industry Trends

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

NO Market1.06%
Industrials1.29%
Electrical0.46%
Heavy Electrical Equipment4.99%
Electrical Components-6.62%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 63% over the next 5 years.
    • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 18% 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 2.445.0%
    +NOK 213.2m    		-55.1%PS3.5x
    		OTOVO OtovoNOK 1.752.0%
    +NOK 9.6m    		-2.8%PS0.9x

    Latest News

    NEL
    NOK 2.44
    Nel
    7D
    5.0%
    1Y
    -55.1%
    CAVEN
    NOK 10.60
    Cavendish Hydrogen
    7D
    -7.0%
    1Y
    -63.4%
    OTOVO
    NOK 1.75
    Otovo
    7D
    2.0%
    1Y
    -2.8%
    ZAP
    NOK 19.48
    Zaptec
    7D
    -8.8%
    1Y
    52.1%

    Analysts Just Published A Bright New Outlook For Zaptec ASA's (OB:ZAP)

    May 15
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