The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically
Jan 30
Norwegian (OSEAX) Electrical Industry Analysis
UpdatedJan 31, 2023
DataAggregated Company Financials
Companies5
- 7D-0.4%
- 3M14.2%
- 1Y16.6%
- YTD12.7%
In the last week, the Electrical industry is flat overall, with Otovo standing out by going down 12%. The past year has been better, since the industry has gained 16% in that time. Looking forward, earnings are forecast to grow by 36% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 31 Jan 2023 | kr30.3b | kr2.7b | -kr1,099,677,483.00 | 32.2x | -27.6x | 11.3x |
| Thu, 29 Dec 2022 | kr25.9b | kr2.6b | -kr1,038,983,222.00 | 35.8x | -24.9x | 10x |
| Sat, 26 Nov 2022 | kr28.5b | kr2.5b | -kr1,029,266,674.00 | 11.1x | -27.7x | 11.2x |
| Mon, 24 Oct 2022 | kr24.3b | kr1.9b | -kr1,032,237,906.00 | 1355.9x | -23.6x | 12.6x |
| Wed, 21 Sep 2022 | kr24.8b | kr1.9b | -kr1,237,125,702.00 | 1387.8x | -20x | 13.1x |
| Fri, 19 Aug 2022 | kr30.6b | kr1.8b | -kr1,216,633,749.00 | 381.8x | -25.1x | 16.7x |
| Sun, 17 Jul 2022 | kr26.7b | kr1.8b | -kr1,254,378,749.00 | 373.7x | -21.3x | 14.8x |
| Tue, 14 Jun 2022 | kr25.1b | kr1.7b | -kr1,237,754,749.00 | 358.7x | -20.2x | 14.6x |
| Thu, 12 May 2022 | kr25.8b | kr1.6b | -kr1,812,906,000.00 | 374.2x | -14.2x | 16.2x |
| Sat, 09 Apr 2022 | kr30.2b | kr1.9b | -kr1,784,049,000.00 | 93x | -16.9x | 15.5x |
| Mon, 07 Mar 2022 | kr25.4b | kr1.9b | -kr1,784,049,000.00 | 91.6x | -14.2x | 13.1x |
| Wed, 02 Feb 2022 | kr24.3b | kr1.9b | -kr219,196,000.00 | 113x | -110.9x | 12.7x |
| Fri, 31 Dec 2021 | kr30.3b | kr1.7b | -kr39,649,666.00 | 36.5x | -765.1x | 17.4x |
| Sun, 28 Nov 2021 | kr33.3b | kr1.7b | -kr40,734,666.00 | 26.4x | -816.9x | 19.1x |
| Tue, 26 Oct 2021 | kr28.5b | kr1.6b | -kr16,826,666.00 | 32.9x | -1691.6x | 17.8x |
| Thu, 23 Sep 2021 | kr25.7b | kr1.5b | -kr136,478,666.00 | 29.1x | -188.1x | 17.1x |
| Sat, 21 Aug 2021 | kr24.9b | kr1.5b | -kr136,478,666.00 | 19.4x | -182.7x | 16.6x |
| Sat, 05 Jun 2021 | kr31.5b | kr1.4b | kr808.1m | 27.2x | 39x | 22.2x |
| Tue, 09 Mar 2021 | kr42.6b | kr1.4b | kr1.4b | 24.9x | 30.4x | 31.3x |
| Mon, 30 Nov 2020 | kr37.2b | kr1.3b | -kr52,430,341.00 | 17.4x | -710.3x | 28.6x |
| Thu, 03 Sep 2020 | kr30.7b | kr1.1b | kr519.4m | 15.8x | 59x | 26.8x |
| Sun, 07 Jun 2020 | kr20.5b | kr1.1b | -kr178,978,399.00 | 12.2x | -114.6x | 18.3x |
| Sat, 29 Feb 2020 | kr13.5b | kr1.1b | -kr202,196,399.00 | 10.1x | -66.7x | 12x |
Price to Earnings Ratio
-63.1x
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 19.4x is higher than the industry's current PS ratio of 11.0x.
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 34% 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 Market | -0.67% | |
| Industrials | -0.96% | |
| Electrical | -0.37% | |
| Heavy Electrical Equipment | 0.31% | |
| Electrical Components | -3.78% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 82% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 33% 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 | |
|---|---|---|---|---|---|
| ZAP Zaptec | kr23.84 | 7.8% +kr131.0m | -53.8% | PS2.6x | |
| NEL Nel | kr16.34 | 0.3% +kr78.1m | 37.3% | PS32.7x |