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Norwegian (OSEAX) Electrical Industry Analysis

UpdatedMay 23, 2025
DataAggregated Company Financials
Companies4
  • 7D5.2%
  • 3M6.0%
  • 1Y-52.8%
  • YTD6.7%

In the last week, the Electrical industry is up 4.9%, with Nel up 5.8%. In the past year, the industry is down 45%. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025NOK 7.1bNOK 3.4b-NOK 1,177,097,234.82n/a-6.1x2.1x
Sun, 20 Apr 2025NOK 6.3bNOK 3.6b-NOK 906,458,480.74n/a-6.9x1.7x
Tue, 18 Mar 2025NOK 7.5bNOK 4.2b-NOK 898,050,800.92n/a-8.4x1.8x
Thu, 13 Feb 2025NOK 5.6bNOK 4.3b-NOK 989,946,000.00n/a-5.7x1.3x
Sat, 11 Jan 2025NOK 6.3bNOK 4.3b-NOK 989,946,000.00n/a-6.4x1.5x
Mon, 09 Dec 2024NOK 6.7bNOK 4.4b-NOK 998,477,000.00n/a-6.7x1.5x
Wed, 06 Nov 2024NOK 9.1bNOK 4.5b-NOK 954,554,000.0032.9x-9.5x2x
Fri, 04 Oct 2024NOK 9.2bNOK 4.6b-NOK 1,005,749,000.0032.2x-9.2x2x
Sun, 01 Sep 2024NOK 10.9bNOK 4.5b-NOK 1,013,660,000.0043.5x-10.8x2.4x
Tue, 30 Jul 2024NOK 12.5bNOK 4.7b-NOK 1,001,573,000.0055x-12.5x2.7x
Thu, 27 Jun 2024NOK 12.1bNOK 4.7b-NOK 1,185,334,187.8757.1x-10.3x2.6x
Sat, 25 May 2024NOK 13.6bNOK 4.7b-NOK 1,180,750,050.0263.9x-11.5x2.9x
Mon, 22 Apr 2024NOK 9.9bNOK 4.8b-NOK 1,153,440,582.1353.7x-8.6x2.1x
Wed, 20 Mar 2024NOK 9.5bNOK 4.1b-NOK 1,309,561,006.8963.9x-7.3x2.3x
Fri, 16 Feb 2024NOK 10.8bNOK 4.4b-NOK 1,962,270,161.81307.1x-5.5x2.4x
Sun, 14 Jan 2024NOK 13.1bNOK 4.4b-NOK 1,937,620,766.00297.2x-6.8x3x
Tue, 12 Dec 2023NOK 15.3bNOK 4.4b-NOK 1,944,850,633.00239.1x-7.9x3.5x
Thu, 09 Nov 2023NOK 16.0bNOK 4.2b-NOK 1,968,865,850.00n/a-8.1x3.8x
Sat, 07 Oct 2023NOK 15.8bNOK 4.0b-NOK 1,938,732,807.0035.8x-8.1x4x
Mon, 04 Sep 2023NOK 23.3bNOK 4.0b-NOK 1,938,215,999.0035.8x-12x5.8x
Wed, 02 Aug 2023NOK 27.4bNOK 3.8b-NOK 1,942,284,920.0035.8x-14.1x7.3x
Fri, 30 Jun 2023NOK 26.2bNOK 3.3b-NOK 1,845,783,287.0035.8x-14.2x7.9x
Sun, 28 May 2023NOK 29.6bNOK 3.3b-NOK 1,846,876,604.0035.8x-16x8.9x
Tue, 25 Apr 2023NOK 26.9bNOK 2.9b-NOK 1,572,031,179.0035.8x-17.1x9.4x
Thu, 23 Mar 2023NOK 29.7bNOK 2.9b-NOK 1,569,962,811.0035.8x-18.9x10.3x
Sat, 18 Feb 2023NOK 32.0bNOK 2.7b-NOK 1,116,780,832.0035.8x-28.6x11.6x
Mon, 16 Jan 2023NOK 31.4bNOK 2.6b-NOK 1,040,061,325.0041.1x-30.2x12.1x
Wed, 14 Dec 2022NOK 29.2bNOK 2.6b-NOK 1,038,339,056.0035.8x-28.1x11.3x
Fri, 11 Nov 2022NOK 26.7bNOK 2.4b-NOK 1,020,099,143.00590.3x-26.2x10.9x
Sun, 09 Oct 2022NOK 23.7bNOK 1.9b-NOK 1,237,804,086.001222.4x-19.1x12.5x
Tue, 06 Sep 2022NOK 27.9bNOK 1.9b-NOK 1,234,535,102.001406.2x-22.6x14.7x
Thu, 04 Aug 2022NOK 32.0bNOK 1.8b-NOK 1,254,378,749.00434.4x-25.5x17.7x
Sat, 02 Jul 2022NOK 25.7bNOK 1.7b-NOK 1,237,754,749.00354.6x-20.7x14.9x
Mon, 30 May 2022NOK 29.5bNOK 1.7b-NOK 1,237,754,749.00376.6x-23.8x17.2x
Price to Earnings Ratio

-23.8x


Total Market Cap: NOK 29.5bTotal Earnings: -NOK 1,237,754,749.00Total Revenue: NOK 1.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electrical Industry Price to Earnings3Y Average -13.8x202320242025
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 6.4x is higher than the industry's current PS ratio of 2.2x.
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 26% 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-0.22%
Industrials0.65%
Electrical5.18%
Heavy Electrical Equipment5.83%
Electrical Components4.10%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 53% over the next 5 years.
    • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 18% 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
    NEL NelNOK 2.435.8%
    +NOK 246.3m
    -64.4%PS3.5x
    CAVEN Cavendish HydrogenNOK 12.5251.6%
    +NOK 143.2m
    n/aPS1.4x
    OTOVO OtovoNOK 1.592.2%
    +NOK 9.6m
    -3.5%PS0.8x
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    Latest News

    CAVEN

    NOK 12.52

    Cavendish Hydrogen

    7D

    51.6%

    1Y

    n/a

    OTOVO

    NOK 1.59

    Otovo

    7D

    2.2%

    1Y

    -3.5%

    NEL

    NOK 2.43

    Nel

    7D

    5.8%

    1Y

    -64.4%