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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies4
  • 7D-0.5%
  • 3M13.0%
  • 1Y19.7%
  • YTD15.8%

Over the last 7 days, the Electrical industry has remained flat, although notably Zaptec gained 3.2%. The past year has been better, since the industry has gained 20% in that time. Earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Apr 2026NOK 8.4bNOK 3.2b-NOK 1,870,047,853.7659.7x-4.5x2.6x
Tue, 24 Mar 2026NOK 7.4bNOK 3.2b-NOK 1,937,187,414.6345.8x-3.8x2.3x
Thu, 19 Feb 2026NOK 7.4bNOK 3.2b-NOK 1,035,343,747.1167.5x-7.2x2.3x
Sat, 17 Jan 2026NOK 7.4bNOK 3.2b-NOK 1,047,237,753.0854.6x-7x2.3x
Mon, 15 Dec 2025NOK 6.9bNOK 3.2b-NOK 1,051,735,194.8853.5x-6.6x2.2x
Wed, 12 Nov 2025NOK 7.8bNOK 3.8b-NOK 1,023,933,405.1759.2x-7.6x2x
Fri, 10 Oct 2025NOK 8.4bNOK 3.8b-NOK 1,089,683,329.51459.7x-7.7x2.2x
Sun, 07 Sep 2025NOK 7.3bNOK 3.2b-NOK 1,091,745,683.79397.3x-6.7x2.3x
Tue, 05 Aug 2025NOK 7.5bNOK 3.2b-NOK 1,135,269,369.97n/a-6.6x2.3x
Thu, 03 Jul 2025NOK 7.6bNOK 3.4b-NOK 1,186,485,990.59n/a-6.4x2.2x
Sat, 31 May 2025NOK 6.6bNOK 3.4b-NOK 1,179,099,508.63n/a-5.6x1.9x
Mon, 28 Apr 2025NOK 6.6bNOK 3.6b-NOK 904,679,011.37n/a-7.3x1.8x
Wed, 26 Mar 2025NOK 6.7bNOK 3.6b-NOK 893,109,006.05n/a-7.5x1.9x
Fri, 21 Feb 2025NOK 6.4bNOK 4.2b-NOK 977,651,000.00n/a-6.5x1.5x
Sun, 19 Jan 2025NOK 5.3bNOK 4.3b-NOK 989,946,000.00n/a-5.4x1.2x
Tue, 17 Dec 2024NOK 6.3bNOK 4.3b-NOK 989,946,000.00n/a-6.3x1.5x
Thu, 14 Nov 2024NOK 7.4bNOK 4.5b-NOK 954,554,000.0028.9x-7.8x1.7x
Sat, 12 Oct 2024NOK 8.4bNOK 4.6b-NOK 1,005,749,000.0033x-8.3x1.8x
Mon, 09 Sep 2024NOK 10.4bNOK 4.6b-NOK 1,005,749,000.0033.9x-10.4x2.3x
Wed, 07 Aug 2024NOK 11.4bNOK 4.7b-NOK 1,001,573,000.0049.4x-11.4x2.4x
Fri, 05 Jul 2024NOK 12.3bNOK 4.7b-NOK 1,101,847,000.0056.6x-11.1x2.6x
Sun, 02 Jun 2024NOK 15.4bNOK 4.7b-NOK 1,180,048,062.4764.8x-13x3.3x
Tue, 30 Apr 2024NOK 10.6bNOK 4.8b-NOK 1,146,459,649.4754.2x-9.2x2.2x
Thu, 28 Mar 2024NOK 10.3bNOK 4.1b-NOK 1,310,362,564.7368x-7.8x2.5x
Sat, 24 Feb 2024NOK 9.9bNOK 4.6b-NOK 1,946,846,206.4672.1x-5.1x2.2x
Mon, 22 Jan 2024NOK 11.5bNOK 4.4b-NOK 1,938,869,904.00280.7x-5.9x2.6x
Wed, 20 Dec 2023NOK 14.9bNOK 4.4b-NOK 1,937,660,000.00243.9x-7.7x3.4x
Fri, 17 Nov 2023NOK 16.6bNOK 4.2b-NOK 1,967,096,532.00n/a-8.4x4x
Sun, 15 Oct 2023NOK 16.0bNOK 3.9b-NOK 1,956,755,248.00n/a-8.2x4.1x
Tue, 12 Sep 2023NOK 21.5bNOK 4.0b-NOK 1,937,775,942.0035.8x-11.1x5.4x
Thu, 10 Aug 2023NOK 25.0bNOK 3.8b-NOK 1,942,373,743.0035.8x-12.9x6.6x
Sat, 08 Jul 2023NOK 25.2bNOK 3.3b-NOK 1,845,005,456.0035.8x-13.6x7.6x
Mon, 05 Jun 2023NOK 28.0bNOK 3.3b-NOK 1,846,258,310.0035.8x-15.2x8.4x
Wed, 03 May 2023NOK 29.4bNOK 3.0b-NOK 1,875,725,266.0035.8x-15.7x9.7x
Price to Earnings Ratio

-15.7x


Total Market Cap: NOK 29.4bTotal Earnings: -NOK 1,875,725,266.00Total Revenue: NOK 3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -8.4x202420252026
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 3.0x is higher than the industry's current PS ratio of 2.6x.
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 2.2% 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 Market-0.45%
Industrials-8.05%
Electrical-0.55%
Electrical Components2.08%
Heavy Electrical Equipment-2.89%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 63% over the next 5 years.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 35% 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
    		ZAP ZaptecNOK 37.003.2%
    +NOK 100.1m    		118.7%PE59.7x
    		CAVEN Cavendish HydrogenNOK 7.373.8%
    +NOK 9.1m    		24.9%PS1.4x

    Latest News

    OTOVO
    NOK 11.20
    Otovo
    7D
    -4.3%
    1Y
    -31.5%
    NEL
    NOK 2.35
    Nel
    7D
    -2.9%
    1Y
    -3.3%
    ZAP
    NOK 37.00
    Zaptec
    7D
    3.2%
    1Y
    118.7%
    CAVEN
    NOK 7.37
    Cavendish Hydrogen
    7D
    3.8%
    1Y
    24.9%