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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedJul 25, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.7%
  • 3M2.0%
  • 1Y-0.2%
  • YTD17.8%

Over the last 7 days, the Electrical industry has dropped 1.3%, driven by Zaptec declining 3.2%. On the other hand Otovo is actually up 9.0%. Over the past 12 months, the industry was up 3.7%. As for the next few years, earnings are expected to grow by 49% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jul 2026NOK 8.9bNOK 3.8b-NOK 1,884,214,693.8325.6x-4.7x2.3x
Mon, 22 Jun 2026NOK 9.8bNOK 3.8b-NOK 1,831,018,214.0027.4x-5.4x2.6x
Wed, 20 May 2026NOK 10.1bNOK 3.9b-NOK 1,812,294,162.1722.8x-5.6x2.6x
Fri, 17 Apr 2026NOK 8.2bNOK 3.2b-NOK 1,929,664,882.1955.8x-4.2x2.5x
Sun, 15 Mar 2026NOK 7.4bNOK 3.2b-NOK 1,932,979,079.3847.1x-3.8x2.3x
Tue, 10 Feb 2026NOK 7.2bNOK 3.2b-NOK 1,039,675,819.6354.7x-6.9x2.3x
Thu, 08 Jan 2026NOK 7.2bNOK 3.2b-NOK 1,049,007,867.3955.9x-6.9x2.2x
Sat, 06 Dec 2025NOK 6.9bNOK 3.8b-NOK 1,049,608,432.4355.6x-6.6x1.8x
Mon, 03 Nov 2025NOK 7.2bNOK 3.7b-NOK 1,060,006,221.65428.5x-6.8x1.9x
Wed, 01 Oct 2025NOK 7.2bNOK 3.8b-NOK 1,091,409,051.90440.8x-6.6x1.9x
Fri, 29 Aug 2025NOK 7.4bNOK 3.2b-NOK 1,091,440,861.34390.1x-6.8x2.3x
Sun, 27 Jul 2025NOK 8.0bNOK 3.2b-NOK 1,136,735,384.11n/a-7.1x2.5x
Tue, 24 Jun 2025NOK 6.9bNOK 3.4b-NOK 1,181,456,825.71n/a-5.8x2x
Thu, 22 May 2025NOK 7.5bNOK 3.4b-NOK 1,177,558,904.54n/a-6.4x2.2x
Sat, 19 Apr 2025NOK 6.3bNOK 3.6b-NOK 906,458,480.74n/a-6.9x1.7x
Mon, 17 Mar 2025NOK 6.9bNOK 4.2b-NOK 899,509,027.97n/a-7.6x1.6x
Wed, 12 Feb 2025NOK 5.5bNOK 4.3b-NOK 989,946,000.00n/a-5.6x1.3x
Fri, 10 Jan 2025NOK 6.6bNOK 4.3b-NOK 989,946,000.00n/a-6.7x1.5x
Sun, 08 Dec 2024NOK 6.7bNOK 4.4b-NOK 998,477,000.00n/a-6.7x1.5x
Tue, 05 Nov 2024NOK 8.9bNOK 4.5b-NOK 954,554,000.0033x-9.3x2x
Thu, 03 Oct 2024NOK 9.6bNOK 4.6b-NOK 1,005,749,000.0033.6x-9.5x2.1x
Sat, 31 Aug 2024NOK 10.9bNOK 4.5b-NOK 1,013,660,000.0043.5x-10.8x2.4x
Mon, 29 Jul 2024NOK 12.3bNOK 4.7b-NOK 1,001,573,000.0055.3x-12.3x2.6x
Wed, 26 Jun 2024NOK 12.3bNOK 4.7b-NOK 1,185,048,741.0158.8x-10.3x2.6x
Fri, 24 May 2024NOK 13.4bNOK 4.7b-NOK 1,181,290,682.8664.4x-11.4x2.9x
Sun, 21 Apr 2024NOK 9.9bNOK 4.8b-NOK 1,153,440,582.1353.7x-8.6x2.1x
Tue, 19 Mar 2024NOK 9.9bNOK 4.1b-NOK 1,309,704,170.0062.1x-7.6x2.4x
Thu, 15 Feb 2024NOK 10.9bNOK 4.4b-NOK 1,962,399,565.12300.5x-5.6x2.5x
Sat, 13 Jan 2024NOK 13.1bNOK 4.4b-NOK 1,937,620,766.00297.2x-6.8x3x
Mon, 11 Dec 2023NOK 15.6bNOK 4.4b-NOK 1,944,434,299.00237.5x-8x3.6x
Wed, 08 Nov 2023NOK 16.1bNOK 4.2b-NOK 1,968,906,312.00n/a-8.2x3.8x
Fri, 06 Oct 2023NOK 16.2bNOK 4.0b-NOK 1,938,529,563.0035.8x-8.3x4.1x
Sun, 03 Sep 2023NOK 23.3bNOK 4.0b-NOK 1,938,215,999.0035.8x-12x5.8x
Tue, 01 Aug 2023NOK 27.7bNOK 3.8b-NOK 1,941,805,722.0035.8x-14.3x7.3x
Price to Earnings Ratio

-14.3x


Total Market Cap: NOK 27.7bTotal Earnings: -NOK 1,941,805,722.00Total Revenue: NOK 3.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -7.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Norwegian Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • Losses for companies in the Electrical industry have remained mostly flat over the last three years and so have revenues.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, losses have remained steady.

Industry Trends

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

NO Market3.10%
Industrials2.47%
Electrical-0.73%
Heavy Electrical Equipment0.47%
Electrical Components-1.66%
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
    		OTOVO OtovoNOK 11.509.0%
    +NOK 72.9m    		-31.1%PS1.7x
    		NEL NelNOK 2.130.5%
    +NOK 18.4m    		-23.0%PS4.2x

    Latest News

    ZAP
    NOK 44.10
    Zaptec
    7D
    -3.2%
    1Y
    77.5%
    Narrative Update • Jul 24

    ZAP: Higher Fair Value Forecast Will Support Stronger Long-Term Upside

    The analyst price target for Zaptec has been revised from NOK 50 to NOK 62, with analysts pointing to updated assumptions on fair value, revenue growth, discount rate and profitability to support the new view. What's in the News for Zaptec No recent Zaptec news items or key developments were provided in the available sources.
    NEL
    NOK 2.13
    Nel
    7D
    0.5%
    1Y
    -23.0%
    OTOVO
    NOK 11.50
    Otovo
    7D
    9.0%
    1Y
    -31.1%
    CAVEN
    NOK 5.49
    Cavendish Hydrogen
    7D
    -14.2%
    1Y
    -40.8%