Have your own idea? Try our Stock Screener
Norwegian (OSEAX) Electrical Industry Analysis
UpdatedMay 01, 2025
DataAggregated Company Financials
Companies4
- 7D-3.5%
- 3M4.9%
- 1Y-45.5%
- YTD-4.8%
Over the last 7 days, the Electrical industry has risen 7.5%, driven by gains from Zaptec of 7.7%. During this same period, the Nel underperformed, falling 9.8%. In contrast, the industry has lost 44% in the last 12 months. Earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 May 2025 | NOK 6.4b | NOK 3.6b | -NOK 903,144,089.57 | n/a | -7x | 1.7x |
| Sat, 29 Mar 2025 | NOK 6.2b | NOK 3.6b | -NOK 893,257,158.04 | n/a | -6.9x | 1.7x |
| Mon, 24 Feb 2025 | NOK 6.4b | NOK 4.2b | -NOK 977,651,000.00 | n/a | -6.6x | 1.5x |
| Wed, 22 Jan 2025 | NOK 5.4b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -5.5x | 1.3x |
| Fri, 20 Dec 2024 | NOK 6.5b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -6.6x | 1.5x |
| Sun, 17 Nov 2024 | NOK 7.4b | NOK 4.4b | -NOK 1,009,770,000.00 | n/a | -7.3x | 1.7x |
| Tue, 15 Oct 2024 | NOK 8.4b | NOK 4.6b | -NOK 1,005,749,000.00 | 33x | -8.3x | 1.8x |
| Thu, 12 Sep 2024 | NOK 10.4b | NOK 4.6b | -NOK 1,005,749,000.00 | 32.7x | -10.3x | 2.3x |
| Sat, 10 Aug 2024 | NOK 11.0b | NOK 4.7b | -NOK 1,001,573,000.00 | 49.4x | -11x | 2.4x |
| Mon, 08 Jul 2024 | NOK 12.2b | NOK 4.7b | -NOK 1,101,847,000.00 | 56.3x | -11.1x | 2.6x |
| Wed, 05 Jun 2024 | NOK 14.8b | NOK 4.7b | -NOK 1,180,875,394.18 | 65.1x | -12.5x | 3.2x |
| Fri, 03 May 2024 | NOK 10.5b | NOK 4.8b | -NOK 1,146,520,119.22 | 50.6x | -9.2x | 2.2x |
| Sun, 31 Mar 2024 | NOK 10.3b | NOK 4.1b | -NOK 1,310,667,535.86 | 68x | -7.8x | 2.5x |
| Tue, 27 Feb 2024 | NOK 9.8b | NOK 4.6b | -NOK 1,946,955,930.76 | 70.8x | -5x | 2.2x |
| Thu, 25 Jan 2024 | NOK 12.4b | NOK 4.4b | -NOK 1,938,626,315.00 | 307.6x | -6.4x | 2.8x |
| Sat, 23 Dec 2023 | NOK 14.6b | NOK 4.4b | -NOK 1,937,442,184.00 | 315.3x | -7.6x | 3.3x |
| Mon, 20 Nov 2023 | NOK 16.4b | NOK 4.4b | -NOK 1,944,835,869.00 | 256.8x | -8.5x | 3.7x |
| Wed, 18 Oct 2023 | NOK 16.5b | NOK 3.9b | -NOK 1,957,247,859.00 | n/a | -8.4x | 4.2x |
| Fri, 15 Sep 2023 | NOK 22.0b | NOK 4.0b | -NOK 1,937,726,545.00 | 35.8x | -11.4x | 5.5x |
| Sun, 13 Aug 2023 | NOK 24.8b | NOK 3.8b | -NOK 1,943,737,130.00 | 35.8x | -12.8x | 6.6x |
| Tue, 11 Jul 2023 | NOK 24.9b | NOK 3.3b | -NOK 1,844,482,692.00 | 35.8x | -13.5x | 7.5x |
| Thu, 08 Jun 2023 | NOK 27.7b | NOK 3.3b | -NOK 1,846,307,195.00 | 35.8x | -15x | 8.3x |
| Sat, 06 May 2023 | NOK 30.1b | NOK 3.2b | -NOK 1,851,114,635.00 | 35.8x | -16.3x | 9.4x |
| Mon, 03 Apr 2023 | NOK 29.2b | NOK 2.9b | -NOK 1,570,191,085.00 | 35.8x | -18.6x | 10.2x |
| Wed, 01 Mar 2023 | NOK 29.4b | NOK 2.7b | -NOK 1,116,604,948.00 | 35.8x | -26.4x | 10.7x |
| Fri, 27 Jan 2023 | NOK 29.5b | NOK 2.7b | -NOK 1,099,340,080.00 | 32.2x | -26.8x | 10.9x |
| Sun, 25 Dec 2022 | NOK 25.7b | NOK 2.6b | -NOK 1,038,863,739.00 | 35.8x | -24.7x | 9.9x |
| Tue, 22 Nov 2022 | NOK 27.5b | NOK 2.5b | -NOK 1,030,848,208.00 | 11.1x | -26.7x | 10.8x |
| Thu, 20 Oct 2022 | NOK 23.7b | NOK 2.0b | -NOK 1,279,641,654.00 | 1387.4x | -18.5x | 11.9x |
| Sat, 17 Sep 2022 | NOK 25.8b | NOK 1.9b | -NOK 1,236,652,431.00 | 1383.2x | -20.8x | 13.6x |
| Mon, 15 Aug 2022 | NOK 31.1b | NOK 1.8b | -NOK 1,216,633,749.00 | 430.1x | -25.6x | 17x |
| Wed, 13 Jul 2022 | NOK 27.6b | NOK 1.7b | -NOK 1,237,754,749.00 | 400.7x | -22.3x | 16.1x |
| Fri, 10 Jun 2022 | NOK 27.3b | NOK 1.7b | -NOK 1,237,754,749.00 | 395.4x | -22.1x | 15.9x |
| Sun, 08 May 2022 | NOK 26.7b | NOK 1.7b | -NOK 1,851,281,000.00 | 363.5x | -14.4x | 16x |
Price to Earnings Ratio
-14.4x
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 6.6x is higher than the industry's current PS ratio of 1.8x.
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 | 0.79% | |
| Industrials | 4.66% | |
| Electrical | -3.53% | |
| Electrical Components | 10.29% | |
| Heavy Electrical Equipment | -9.81% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 81% over the next 5 years.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 9.9% 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 17.70 | 7.7% +NOK 110.2m | 31.8% | PS1.2x | |
| CAVEN Cavendish Hydrogen | NOK 7.02 | 36.0% +NOK 62.5m | n/a | PS0.6x | |
| OTOVO Otovo | NOK 1.74 | 8.8% +NOK 39.4m | 18.5% | PS0.8x |