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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Jan 2023kr30.3bkr2.7b-kr1,099,677,483.0032.2x-27.6x11.3x
Thu, 29 Dec 2022kr25.9bkr2.6b-kr1,038,983,222.0035.8x-24.9x10x
Sat, 26 Nov 2022kr28.5bkr2.5b-kr1,029,266,674.0011.1x-27.7x11.2x
Mon, 24 Oct 2022kr24.3bkr1.9b-kr1,032,237,906.001355.9x-23.6x12.6x
Wed, 21 Sep 2022kr24.8bkr1.9b-kr1,237,125,702.001387.8x-20x13.1x
Fri, 19 Aug 2022kr30.6bkr1.8b-kr1,216,633,749.00381.8x-25.1x16.7x
Sun, 17 Jul 2022kr26.7bkr1.8b-kr1,254,378,749.00373.7x-21.3x14.8x
Tue, 14 Jun 2022kr25.1bkr1.7b-kr1,237,754,749.00358.7x-20.2x14.6x
Thu, 12 May 2022kr25.8bkr1.6b-kr1,812,906,000.00374.2x-14.2x16.2x
Sat, 09 Apr 2022kr30.2bkr1.9b-kr1,784,049,000.0093x-16.9x15.5x
Mon, 07 Mar 2022kr25.4bkr1.9b-kr1,784,049,000.0091.6x-14.2x13.1x
Wed, 02 Feb 2022kr24.3bkr1.9b-kr219,196,000.00113x-110.9x12.7x
Fri, 31 Dec 2021kr30.3bkr1.7b-kr39,649,666.0036.5x-765.1x17.4x
Sun, 28 Nov 2021kr33.3bkr1.7b-kr40,734,666.0026.4x-816.9x19.1x
Tue, 26 Oct 2021kr28.5bkr1.6b-kr16,826,666.0032.9x-1691.6x17.8x
Thu, 23 Sep 2021kr25.7bkr1.5b-kr136,478,666.0029.1x-188.1x17.1x
Sat, 21 Aug 2021kr24.9bkr1.5b-kr136,478,666.0019.4x-182.7x16.6x
Sat, 05 Jun 2021kr31.5bkr1.4bkr808.1m27.2x39x22.2x
Tue, 09 Mar 2021kr42.6bkr1.4bkr1.4b24.9x30.4x31.3x
Mon, 30 Nov 2020kr37.2bkr1.3b-kr52,430,341.0017.4x-710.3x28.6x
Thu, 03 Sep 2020kr30.7bkr1.1bkr519.4m15.8x59x26.8x
Sun, 07 Jun 2020kr20.5bkr1.1b-kr178,978,399.0012.2x-114.6x18.3x
Sat, 29 Feb 2020kr13.5bkr1.1b-kr202,196,399.0010.1x-66.7x12x
Price to Earnings Ratio

-63.1x


Total Market Cap: kr12.8bTotal Earnings: -kr202,196,399.00Total Revenue: kr1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -155.3x202120222023
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 Equipment0.31%
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?

    CompanyLast Price7D1YValuation
    ZAP Zapteckr23.847.8%
    +kr131.0m
    -53.8%PS2.6x
    NEL Nelkr16.340.3%
    +kr78.1m
    37.3%PS32.7x
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    Latest News

    NEL

    kr16.34

    Nel

    7D

    0.3%

    1Y

    37.3%

    ZAP

    kr23.84

    Zaptec

    7D

    7.8%

    1Y

    -53.8%