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Norwegian (OSEAX) Electrical Industry Analysis
UpdatedMay 23, 2025
DataAggregated Company Financials
Companies4
- 7D5.2%
- 3M6.0%
- 1Y-52.8%
- YTD6.7%
In the last week, the Electrical industry is up 4.9%, with Nel up 5.8%. In the past year, the industry is down 45%. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Norwegian Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 23 May 2025 | NOK 7.1b | NOK 3.4b | -NOK 1,177,097,234.82 | n/a | -6.1x | 2.1x |
| Sun, 20 Apr 2025 | NOK 6.3b | NOK 3.6b | -NOK 906,458,480.74 | n/a | -6.9x | 1.7x |
| Tue, 18 Mar 2025 | NOK 7.5b | NOK 4.2b | -NOK 898,050,800.92 | n/a | -8.4x | 1.8x |
| Thu, 13 Feb 2025 | NOK 5.6b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -5.7x | 1.3x |
| Sat, 11 Jan 2025 | NOK 6.3b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -6.4x | 1.5x |
| Mon, 09 Dec 2024 | NOK 6.7b | NOK 4.4b | -NOK 998,477,000.00 | n/a | -6.7x | 1.5x |
| Wed, 06 Nov 2024 | NOK 9.1b | NOK 4.5b | -NOK 954,554,000.00 | 32.9x | -9.5x | 2x |
| Fri, 04 Oct 2024 | NOK 9.2b | NOK 4.6b | -NOK 1,005,749,000.00 | 32.2x | -9.2x | 2x |
| Sun, 01 Sep 2024 | NOK 10.9b | NOK 4.5b | -NOK 1,013,660,000.00 | 43.5x | -10.8x | 2.4x |
| Tue, 30 Jul 2024 | NOK 12.5b | NOK 4.7b | -NOK 1,001,573,000.00 | 55x | -12.5x | 2.7x |
| Thu, 27 Jun 2024 | NOK 12.1b | NOK 4.7b | -NOK 1,185,334,187.87 | 57.1x | -10.3x | 2.6x |
| Sat, 25 May 2024 | NOK 13.6b | NOK 4.7b | -NOK 1,180,750,050.02 | 63.9x | -11.5x | 2.9x |
| Mon, 22 Apr 2024 | NOK 9.9b | NOK 4.8b | -NOK 1,153,440,582.13 | 53.7x | -8.6x | 2.1x |
| Wed, 20 Mar 2024 | NOK 9.5b | NOK 4.1b | -NOK 1,309,561,006.89 | 63.9x | -7.3x | 2.3x |
| Fri, 16 Feb 2024 | NOK 10.8b | NOK 4.4b | -NOK 1,962,270,161.81 | 307.1x | -5.5x | 2.4x |
| Sun, 14 Jan 2024 | NOK 13.1b | NOK 4.4b | -NOK 1,937,620,766.00 | 297.2x | -6.8x | 3x |
| Tue, 12 Dec 2023 | NOK 15.3b | NOK 4.4b | -NOK 1,944,850,633.00 | 239.1x | -7.9x | 3.5x |
| Thu, 09 Nov 2023 | NOK 16.0b | NOK 4.2b | -NOK 1,968,865,850.00 | n/a | -8.1x | 3.8x |
| Sat, 07 Oct 2023 | NOK 15.8b | NOK 4.0b | -NOK 1,938,732,807.00 | 35.8x | -8.1x | 4x |
| Mon, 04 Sep 2023 | NOK 23.3b | NOK 4.0b | -NOK 1,938,215,999.00 | 35.8x | -12x | 5.8x |
| Wed, 02 Aug 2023 | NOK 27.4b | NOK 3.8b | -NOK 1,942,284,920.00 | 35.8x | -14.1x | 7.3x |
| Fri, 30 Jun 2023 | NOK 26.2b | NOK 3.3b | -NOK 1,845,783,287.00 | 35.8x | -14.2x | 7.9x |
| Sun, 28 May 2023 | NOK 29.6b | NOK 3.3b | -NOK 1,846,876,604.00 | 35.8x | -16x | 8.9x |
| Tue, 25 Apr 2023 | NOK 26.9b | NOK 2.9b | -NOK 1,572,031,179.00 | 35.8x | -17.1x | 9.4x |
| Thu, 23 Mar 2023 | NOK 29.7b | NOK 2.9b | -NOK 1,569,962,811.00 | 35.8x | -18.9x | 10.3x |
| Sat, 18 Feb 2023 | NOK 32.0b | NOK 2.7b | -NOK 1,116,780,832.00 | 35.8x | -28.6x | 11.6x |
| Mon, 16 Jan 2023 | NOK 31.4b | NOK 2.6b | -NOK 1,040,061,325.00 | 41.1x | -30.2x | 12.1x |
| Wed, 14 Dec 2022 | NOK 29.2b | NOK 2.6b | -NOK 1,038,339,056.00 | 35.8x | -28.1x | 11.3x |
| Fri, 11 Nov 2022 | NOK 26.7b | NOK 2.4b | -NOK 1,020,099,143.00 | 590.3x | -26.2x | 10.9x |
| Sun, 09 Oct 2022 | NOK 23.7b | NOK 1.9b | -NOK 1,237,804,086.00 | 1222.4x | -19.1x | 12.5x |
| Tue, 06 Sep 2022 | NOK 27.9b | NOK 1.9b | -NOK 1,234,535,102.00 | 1406.2x | -22.6x | 14.7x |
| Thu, 04 Aug 2022 | NOK 32.0b | NOK 1.8b | -NOK 1,254,378,749.00 | 434.4x | -25.5x | 17.7x |
| Sat, 02 Jul 2022 | NOK 25.7b | NOK 1.7b | -NOK 1,237,754,749.00 | 354.6x | -20.7x | 14.9x |
| Mon, 30 May 2022 | NOK 29.5b | NOK 1.7b | -NOK 1,237,754,749.00 | 376.6x | -23.8x | 17.2x |
Price to Earnings Ratio
-23.8x
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 6.4x is higher than the industry's current PS ratio of 2.2x.
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 Market | -0.22% | |
| Industrials | 0.65% | |
| Electrical | 5.18% | |
| Heavy Electrical Equipment | 5.83% | |
| Electrical Components | 4.10% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 53% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEL Nel | NOK 2.43 | 5.8% +NOK 246.3m | -64.4% | PS3.5x | |
| CAVEN Cavendish Hydrogen | NOK 12.52 | 51.6% +NOK 143.2m | n/a | PS1.4x | |
| OTOVO Otovo | NOK 1.59 | 2.2% +NOK 9.6m | -3.5% | PS0.8x |