A Piece Of The Puzzle Missing From Otovo ASA's (OB:OTOVO) Share Price
Feb 10
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Norwegian (OSEAX) Electrical Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies5
- 7D10.9%
- 3M-0.5%
- 1Y-39.8%
- YTD1.3%
The Electrical industry is up 11% in the last week, with Zaptec up 36%. In the past year, the industry is down 40%. Looking forward, earnings are forecast to grow by 33% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | NOK 6.4b | NOK 4.2b | -NOK 977,651,000.00 | n/a | -6.5x | 1.5x |
| Sun, 19 Jan 2025 | NOK 5.3b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -5.4x | 1.2x |
| Tue, 17 Dec 2024 | NOK 6.3b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -6.3x | 1.5x |
| Thu, 14 Nov 2024 | NOK 7.4b | NOK 4.5b | -NOK 954,554,000.00 | 28.9x | -7.8x | 1.7x |
| Sat, 12 Oct 2024 | NOK 8.4b | NOK 4.6b | -NOK 1,005,749,000.00 | 33x | -8.3x | 1.8x |
| Mon, 09 Sep 2024 | NOK 10.4b | NOK 4.6b | -NOK 1,005,749,000.00 | 33.9x | -10.4x | 2.3x |
| Wed, 07 Aug 2024 | NOK 11.4b | NOK 4.7b | -NOK 1,001,573,000.00 | 49.4x | -11.4x | 2.4x |
| Fri, 05 Jul 2024 | NOK 12.3b | NOK 4.7b | -NOK 1,101,847,000.00 | 56.6x | -11.1x | 2.6x |
| Sun, 02 Jun 2024 | NOK 15.4b | NOK 4.7b | -NOK 1,180,048,062.47 | 64.8x | -13x | 3.3x |
| Tue, 30 Apr 2024 | NOK 10.6b | NOK 4.8b | -NOK 1,146,459,649.47 | 54.2x | -9.2x | 2.2x |
| Thu, 28 Mar 2024 | NOK 10.3b | NOK 4.1b | -NOK 1,310,362,564.73 | 68x | -7.8x | 2.5x |
| Sat, 24 Feb 2024 | NOK 9.9b | NOK 4.6b | -NOK 1,946,846,206.46 | 72.1x | -5.1x | 2.2x |
| Mon, 22 Jan 2024 | NOK 11.5b | NOK 4.4b | -NOK 1,938,869,904.00 | 280.7x | -5.9x | 2.6x |
| Wed, 20 Dec 2023 | NOK 14.9b | NOK 4.4b | -NOK 1,937,660,000.00 | 243.9x | -7.7x | 3.4x |
| Fri, 17 Nov 2023 | NOK 16.6b | NOK 4.2b | -NOK 1,967,096,532.00 | n/a | -8.4x | 4x |
| Sun, 15 Oct 2023 | NOK 16.0b | NOK 3.9b | -NOK 1,956,755,248.00 | n/a | -8.2x | 4.1x |
| Tue, 12 Sep 2023 | NOK 21.5b | NOK 4.0b | -NOK 1,937,775,942.00 | 35.8x | -11.1x | 5.4x |
| Thu, 10 Aug 2023 | NOK 25.0b | NOK 3.8b | -NOK 1,942,373,743.00 | 35.8x | -12.9x | 6.6x |
| Sat, 08 Jul 2023 | NOK 25.2b | NOK 3.3b | -NOK 1,845,005,456.00 | 35.8x | -13.6x | 7.6x |
| Mon, 05 Jun 2023 | NOK 28.0b | NOK 3.3b | -NOK 1,846,258,310.00 | 35.8x | -15.2x | 8.4x |
| Wed, 03 May 2023 | NOK 29.4b | NOK 3.0b | -NOK 1,875,725,266.00 | 35.8x | -15.7x | 9.7x |
| Fri, 31 Mar 2023 | NOK 28.4b | NOK 2.9b | -NOK 1,570,157,093.00 | 35.8x | -18.1x | 9.9x |
| Sun, 26 Feb 2023 | NOK 29.1b | NOK 2.7b | -NOK 1,116,525,432.00 | 35.8x | -26.1x | 10.6x |
| Tue, 24 Jan 2023 | NOK 30.2b | NOK 2.6b | -NOK 1,039,959,969.00 | 41.1x | -29.1x | 11.7x |
| Thu, 22 Dec 2022 | NOK 25.9b | NOK 2.6b | -NOK 1,038,652,098.00 | 35.8x | -24.9x | 10x |
| Sat, 19 Nov 2022 | NOK 27.5b | NOK 2.5b | -NOK 1,030,848,208.00 | 11.1x | -26.7x | 10.8x |
| Mon, 17 Oct 2022 | NOK 22.2b | NOK 1.9b | -NOK 1,237,652,822.00 | 1298.2x | -18x | 11.8x |
| Wed, 14 Sep 2022 | NOK 29.0b | NOK 1.9b | -NOK 1,235,024,595.00 | 1523.5x | -23.5x | 15.4x |
| Fri, 12 Aug 2022 | NOK 33.0b | NOK 1.8b | -NOK 1,254,378,749.00 | 421.5x | -26.3x | 18.2x |
| Sun, 10 Jul 2022 | NOK 27.4b | NOK 1.7b | -NOK 1,237,754,749.00 | 415.3x | -22.2x | 16x |
| Tue, 07 Jun 2022 | NOK 29.0b | NOK 1.7b | -NOK 1,237,754,749.00 | 419.2x | -23.5x | 16.9x |
| Thu, 05 May 2022 | NOK 27.7b | NOK 1.6b | -NOK 1,812,906,000.00 | 383.9x | -15.3x | 17.4x |
| Sat, 02 Apr 2022 | NOK 30.4b | NOK 1.9b | -NOK 1,784,049,000.00 | 96.5x | -17x | 15.6x |
| Mon, 28 Feb 2022 | NOK 25.9b | NOK 1.9b | -NOK 1,784,049,000.00 | 105.8x | -14.5x | 13.4x |
Price to Earnings Ratio
-14.5x
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 7.5x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have improved over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | 0.52% | |
| Industrials | 3.49% | |
| Electrical | 10.94% | |
| Electrical Components | 25.94% | |
| Heavy Electrical Equipment | 3.81% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 54% over the next 5 years.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 23% 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 | NOK 18.75 | 28.3% +NOK 361.6m | 2.3% | PS1.3x | |
| OTOVO Otovo | NOK 2.03 | 105.1% +NOK 292.2m | 25.3% | PS0.9x | |
| CAVEN Cavendish Hydrogen | NOK 5.44 | 3.6% +NOK 6.4m | n/a | n/a |