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Norwegian (OSEAX) Electrical Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies5
- 7D-4.2%
- 3M14.3%
- 1Y-60.5%
- YTD-20.3%
Over the last 7 days, the Electrical industry has dropped 6.1%, driven by a pullback from Nel of 7.6%. In contrast, Zaptec has gained 6.5%. Overall the industry is down 61% in 12 months. Earnings are forecast to grow by 52% 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, 26 Jul 2024 | NOK 12.1b | NOK 4.7b | -NOK 1,001,573,000.00 | 55.3x | -12.1x | 2.6x |
| Sun, 23 Jun 2024 | NOK 12.2b | NOK 4.7b | -NOK 1,184,609,426.65 | 61.2x | -10.3x | 2.6x |
| Tue, 21 May 2024 | NOK 11.9b | NOK 4.7b | -NOK 1,181,626,286.13 | 58.9x | -10.1x | 2.5x |
| Thu, 18 Apr 2024 | NOK 9.7b | NOK 4.1b | -NOK 1,140,752,683.05 | 54.2x | -8.5x | 2.3x |
| Sat, 16 Mar 2024 | NOK 10.4b | NOK 4.7b | -NOK 1,321,747,319.77 | 64.2x | -7.9x | 2.2x |
| Mon, 12 Feb 2024 | NOK 11.1b | NOK 4.5b | -NOK 1,962,513,130.13 | 322.2x | -5.7x | 2.5x |
| Wed, 10 Jan 2024 | NOK 13.6b | NOK 4.4b | -NOK 1,937,942,897.00 | 269.7x | -7x | 3.1x |
| Fri, 08 Dec 2023 | NOK 15.4b | NOK 4.4b | -NOK 1,944,446,045.00 | 233.9x | -7.9x | 3.5x |
| Sun, 05 Nov 2023 | NOK 17.1b | NOK 4.2b | -NOK 1,967,851,937.00 | n/a | -8.7x | 4.1x |
| Tue, 03 Oct 2023 | NOK 17.8b | NOK 4.0b | -NOK 1,937,149,662.00 | 35.8x | -9.2x | 4.5x |
| Thu, 31 Aug 2023 | NOK 23.7b | NOK 4.0b | -NOK 1,938,568,017.00 | 35.8x | -12.2x | 6x |
| Sat, 29 Jul 2023 | NOK 27.3b | NOK 3.8b | -NOK 1,942,292,225.00 | 35.8x | -14.1x | 7.2x |
| Mon, 26 Jun 2023 | NOK 25.0b | NOK 3.3b | -NOK 1,846,216,769.00 | 35.8x | -13.6x | 7.5x |
| Wed, 24 May 2023 | NOK 30.4b | NOK 3.3b | -NOK 1,846,154,989.00 | 35.8x | -16.5x | 9.1x |
| Fri, 21 Apr 2023 | NOK 27.5b | NOK 2.9b | -NOK 1,571,847,901.00 | 35.8x | -17.5x | 9.6x |
| Sun, 19 Mar 2023 | NOK 28.9b | NOK 2.9b | -NOK 1,570,668,110.00 | 35.8x | -18.4x | 10x |
| Tue, 14 Feb 2023 | NOK 32.3b | NOK 2.7b | -NOK 1,099,798,347.00 | 32.2x | -29.4x | 12x |
| Thu, 12 Jan 2023 | NOK 31.3b | NOK 2.6b | -NOK 1,040,514,373.00 | 41.1x | -30x | 12.1x |
| Sat, 10 Dec 2022 | NOK 28.1b | NOK 2.6b | -NOK 1,039,006,513.00 | 39.3x | -27.1x | 10.9x |
| Mon, 07 Nov 2022 | NOK 25.4b | NOK 2.4b | -NOK 1,019,461,454.00 | 696.2x | -24.9x | 10.4x |
| Wed, 05 Oct 2022 | NOK 26.2b | NOK 1.9b | -NOK 1,237,921,163.00 | 1414.6x | -21.2x | 13.9x |
| Fri, 02 Sep 2022 | NOK 28.6b | NOK 1.9b | -NOK 1,235,278,871.00 | 1459x | -23.1x | 15.1x |
| Sun, 31 Jul 2022 | NOK 32.8b | NOK 1.8b | -NOK 1,254,378,749.00 | 447.9x | -26.2x | 18.2x |
| Tue, 28 Jun 2022 | NOK 26.9b | NOK 1.7b | -NOK 1,237,754,749.00 | 370.9x | -21.7x | 15.6x |
| Thu, 26 May 2022 | NOK 27.2b | NOK 1.7b | -NOK 1,237,754,749.00 | 375.8x | -22x | 15.8x |
| Sat, 23 Apr 2022 | NOK 30.5b | NOK 1.9b | -NOK 1,793,743,000.00 | 188.9x | -17x | 15.7x |
| Mon, 21 Mar 2022 | NOK 31.6b | NOK 1.9b | -NOK 1,784,049,000.00 | 103.7x | -17.7x | 16.3x |
| Wed, 16 Feb 2022 | NOK 24.8b | NOK 1.9b | -NOK 219,196,000.00 | 106.8x | -113.2x | 13x |
| Fri, 14 Jan 2022 | NOK 28.3b | NOK 1.7b | -NOK 39,649,666.00 | 32.4x | -712.6x | 16.2x |
| Sun, 12 Dec 2021 | NOK 32.0b | NOK 1.7b | -NOK 40,734,666.00 | 34x | -784.8x | 18.4x |
| Tue, 09 Nov 2021 | NOK 36.1b | NOK 1.7b | -NOK 30,690,666.00 | 54.1x | -1174.9x | 21.7x |
| Thu, 07 Oct 2021 | NOK 24.8b | NOK 1.5b | -NOK 136,478,666.00 | 28.4x | -181.8x | 16.6x |
| Sat, 04 Sep 2021 | NOK 28.2b | NOK 1.5b | -NOK 136,478,666.00 | 23.4x | -206.4x | 18.8x |
| Mon, 02 Aug 2021 | NOK 29.7b | NOK 1.5b | -NOK 136,478,666.00 | 20.9x | -217.5x | 19.8x |
Price to Earnings Ratio
-217.5x
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 10.5x is higher than the industry's current PS ratio of 2.6x.
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 46% 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 | -1.27% | |
| Industrials | -1.11% | |
| Electrical | -4.22% | |
| Electrical Components | -4.10% | |
| Heavy Electrical Equipment | -4.25% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 69% over the next 5 years.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 49% 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 12.14 | 3.0% +NOK 30.6m | -60.0% | PE58x |