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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies5
  • 7D-5.3%
  • 3M29.5%
  • 1Y28.4%
  • YTD33.9%

Over the last 7 days, the Electrical industry has dropped 6.6%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 52% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026NOK 10.1bNOK 3.8b-NOK 1,828,242,805.2327.6x-5.5x2.6x
Wed, 13 May 2026NOK 10.4bNOK 3.9b-NOK 1,812,889,216.1624.2x-5.7x2.7x
Fri, 10 Apr 2026NOK 7.6bNOK 3.2b-NOK 1,931,688,590.8248.5x-3.9x2.3x
Sun, 08 Mar 2026NOK 7.6bNOK 3.3b-NOK 1,932,756,886.4650x-3.9x2.3x
Tue, 03 Feb 2026NOK 7.1bNOK 3.2b-NOK 1,040,603,660.7953.1x-6.8x2.2x
Thu, 01 Jan 2026NOK 6.8bNOK 3.2b-NOK 1,050,453,754.9057.4x-6.5x2.1x
Sat, 29 Nov 2025NOK 7.1bNOK 3.8b-NOK 1,048,842,013.7455.7x-6.7x1.9x
Mon, 27 Oct 2025NOK 7.5bNOK 3.8b-NOK 1,089,766,030.95435x-6.9x2x
Wed, 24 Sep 2025NOK 7.6bNOK 3.8b-NOK 1,090,597,255.21440.8x-7x2x
Fri, 22 Aug 2025NOK 7.4bNOK 3.2b-NOK 1,133,472,395.22n/a-6.6x2.3x
Sun, 20 Jul 2025NOK 7.9bNOK 3.2b-NOK 1,133,927,136.92n/a-6.9x2.4x
Tue, 17 Jun 2025NOK 7.1bNOK 3.4b-NOK 1,175,786,633.33n/a-6x2.1x
Thu, 15 May 2025NOK 7.2bNOK 3.5b-NOK 1,141,348,808.35n/a-6.3x2.1x
Sat, 12 Apr 2025NOK 5.8bNOK 3.6b-NOK 909,615,936.83n/a-6.4x1.6x
Mon, 10 Mar 2025NOK 5.4bNOK 3.9b-NOK 636,712,000.00n/a-8.4x1.4x
Wed, 05 Feb 2025NOK 5.5bNOK 4.3b-NOK 989,946,000.00n/a-5.5x1.3x
Fri, 03 Jan 2025NOK 6.3bNOK 4.3b-NOK 989,946,000.00n/a-6.4x1.5x
Sun, 01 Dec 2024NOK 6.5bNOK 4.4b-NOK 998,477,000.00n/a-6.5x1.5x
Tue, 29 Oct 2024NOK 9.4bNOK 4.5b-NOK 954,554,000.0034.6x-9.9x2.1x
Thu, 26 Sep 2024NOK 9.8bNOK 4.6b-NOK 1,005,749,000.0033.4x-9.7x2.1x
Sat, 24 Aug 2024NOK 11.0bNOK 4.5b-NOK 1,013,003,000.0037.7x-10.8x2.4x
Mon, 22 Jul 2024NOK 12.0bNOK 4.7b-NOK 1,001,573,000.0054.5x-12x2.6x
Wed, 19 Jun 2024NOK 13.0bNOK 4.7b-NOK 1,179,869,922.2759.4x-11x2.8x
Fri, 17 May 2024NOK 11.9bNOK 4.7b-NOK 1,181,830,887.1058.9x-10.1x2.5x
Sun, 14 Apr 2024NOK 10.9bNOK 4.1b-NOK 1,309,889,467.3956.5x-8.3x2.7x
Tue, 12 Mar 2024NOK 10.0bNOK 4.7b-NOK 1,320,723,667.2766.4x-7.6x2.1x
Thu, 08 Feb 2024NOK 11.1bNOK 4.4b-NOK 1,938,666,901.23304.6x-5.7x2.5x
Sat, 06 Jan 2024NOK 14.1bNOK 4.4b-NOK 1,937,613,718.00281.8x-7.3x3.2x
Mon, 04 Dec 2023NOK 15.6bNOK 4.4b-NOK 1,943,343,771.00228.4x-8x3.6x
Wed, 01 Nov 2023NOK 14.9bNOK 4.2b-NOK 1,967,656,597.00n/a-7.6x3.5x
Fri, 29 Sep 2023NOK 17.3bNOK 4.0b-NOK 1,936,829,471.0035.8x-9x4.4x
Sun, 27 Aug 2023NOK 23.8bNOK 4.0b-NOK 1,938,560,485.0035.8x-12.3x6x
Tue, 25 Jul 2023NOK 27.6bNOK 3.8b-NOK 1,941,807,217.0035.8x-14.2x7.3x
Thu, 22 Jun 2023NOK 27.7bNOK 3.3b-NOK 1,845,760,895.0035.8x-15x8.3x
Price to Earnings Ratio

-15x


Total Market Cap: NOK 27.7bTotal Earnings: -NOK 1,845,760,895.00Total Revenue: NOK 3.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -8x202420252026
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 2.8x.
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 4.9% 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-0.15%
Industrials-1.23%
Electrical-5.33%
Electrical Components0.55%
Heavy Electrical Equipment-10.92%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 68% over the next 5 years.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 34% 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 9.384.2%
    +NOK 29.1m    		-45.2%PS1.4x
    		ZAP ZaptecNOK 48.350.2%
    +NOK 8.7m    		125.4%PE52.4x

    Latest News

    NEL
    NOK 2.65
    Nel
    7D
    -10.9%
    1Y
    14.0%
    Narrative Update • Jun 12

    NEL: Lower Future P/E And Legal Settlement Costs Will Restrain Returns

    Nel's analyst price targets have shifted lower, with recent cuts such as Citi moving from NOK 2.70 to NOK 2.40 and Berenberg trimming its target by NOK 0.30, reflecting analysts' updated assumptions around growth, profitability and future P/E expectations. Analyst Commentary Recent street research on Nel has leaned cautious, with multiple bearish analysts trimming price targets in response to updated views on growth, profitability and future P/E assumptions.
    ZAP
    NOK 48.35
    Zaptec
    7D
    0.2%
    1Y
    125.4%
    CAVEN
    NOK 7.43
    Cavendish Hydrogen
    7D
    -3.6%
    1Y
    -33.4%
    OTOVO
    NOK 9.38
    Otovo
    7D
    4.2%
    1Y
    -45.2%