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Norwegian (OSEAX) Electrical Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies5
- 7D1.2%
- 3M-34.2%
- 1Y-56.2%
- YTD-56.8%
In the last week, the Electrical industry is up 1.2%, with Etman International up 150%. In the same time, Otovo was down 7.1%. In contrast, the industry has lost 56% in the last 12 months. Looking forward, earnings are forecast to grow by 42% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | NOK 6.6b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -6.6x | 1.5x |
| Tue, 19 Nov 2024 | NOK 7.4b | NOK 4.4b | -NOK 1,009,770,000.00 | n/a | -7.4x | 1.7x |
| Thu, 17 Oct 2024 | NOK 8.8b | NOK 4.6b | -NOK 894,625,000.00 | 32.3x | -9.8x | 1.9x |
| Sat, 14 Sep 2024 | NOK 11.1b | NOK 4.6b | -NOK 1,005,749,000.00 | 34.9x | -11x | 2.4x |
| Mon, 12 Aug 2024 | NOK 11.3b | NOK 4.7b | -NOK 1,001,573,000.00 | 49.4x | -11.2x | 2.4x |
| Wed, 10 Jul 2024 | NOK 12.1b | NOK 4.7b | -NOK 1,101,847,000.00 | 55.1x | -11x | 2.6x |
| Fri, 07 Jun 2024 | NOK 14.0b | NOK 4.7b | -NOK 1,180,868,688.80 | 63.6x | -11.9x | 3x |
| Sun, 05 May 2024 | NOK 10.7b | NOK 4.7b | -NOK 1,178,425,056.39 | 49.9x | -9.1x | 2.3x |
| Tue, 02 Apr 2024 | NOK 10.3b | NOK 4.1b | -NOK 1,310,744,115.84 | 68x | -7.8x | 2.5x |
| Thu, 29 Feb 2024 | NOK 10.2b | NOK 4.6b | -NOK 1,947,417,795.22 | 67.1x | -5.2x | 2.2x |
| Sat, 27 Jan 2024 | NOK 11.9b | NOK 4.4b | -NOK 1,937,933,326.00 | 319.2x | -6.1x | 2.7x |
| Mon, 25 Dec 2023 | NOK 14.6b | NOK 4.4b | -NOK 1,937,442,184.00 | 315.3x | -7.6x | 3.3x |
| Wed, 22 Nov 2023 | NOK 16.7b | NOK 4.4b | -NOK 1,943,953,384.00 | 253.7x | -8.6x | 3.8x |
| Fri, 20 Oct 2023 | NOK 16.0b | NOK 3.9b | -NOK 1,958,154,629.00 | n/a | -8.2x | 4x |
| Sun, 17 Sep 2023 | NOK 21.7b | NOK 4.0b | -NOK 1,938,165,154.00 | 35.8x | -11.2x | 5.4x |
| Tue, 15 Aug 2023 | NOK 24.9b | NOK 3.8b | -NOK 1,943,785,800.00 | 35.8x | -12.8x | 6.6x |
| Thu, 13 Jul 2023 | NOK 25.5b | NOK 3.3b | -NOK 1,842,361,509.00 | 35.8x | -13.9x | 7.7x |
| Sat, 10 Jun 2023 | NOK 27.8b | NOK 3.3b | -NOK 1,844,556,937.00 | 35.8x | -15.1x | 8.3x |
| Mon, 08 May 2023 | NOK 30.1b | NOK 3.2b | -NOK 1,851,062,851.00 | 35.8x | -16.3x | 9.4x |
| Wed, 05 Apr 2023 | NOK 28.3b | NOK 2.9b | -NOK 1,569,812,099.00 | 35.8x | -18x | 9.8x |
| Fri, 03 Mar 2023 | NOK 29.2b | NOK 2.9b | -NOK 1,568,484,058.00 | 35.8x | -18.6x | 10.1x |
| Sun, 29 Jan 2023 | NOK 29.7b | NOK 2.7b | -NOK 1,099,238,142.00 | 32.2x | -27x | 11x |
| Tue, 27 Dec 2022 | NOK 25.7b | NOK 2.6b | -NOK 1,038,863,739.00 | 35.8x | -24.7x | 9.9x |
| Thu, 24 Nov 2022 | NOK 28.4b | NOK 2.5b | -NOK 1,029,651,848.00 | 11.1x | -27.6x | 11.2x |
| Sat, 22 Oct 2022 | NOK 24.3b | NOK 1.9b | -NOK 1,032,237,906.00 | 1355.9x | -23.6x | 12.6x |
| Mon, 19 Sep 2022 | NOK 25.8b | NOK 1.9b | -NOK 1,236,652,431.00 | 1383.2x | -20.8x | 13.6x |
| Wed, 17 Aug 2022 | NOK 31.9b | NOK 1.8b | -NOK 1,216,633,749.00 | 395.1x | -26.2x | 17.4x |
| Fri, 15 Jul 2022 | NOK 26.8b | NOK 1.7b | -NOK 1,237,754,749.00 | 375.2x | -21.7x | 15.6x |
| Sun, 12 Jun 2022 | NOK 26.5b | NOK 1.7b | -NOK 1,237,754,749.00 | 383.6x | -21.4x | 15.4x |
| Tue, 10 May 2022 | NOK 25.4b | NOK 1.7b | -NOK 1,851,281,000.00 | 351.3x | -13.7x | 15.2x |
| Thu, 07 Apr 2022 | NOK 30.3b | NOK 1.9b | -NOK 1,784,049,000.00 | 93.1x | -17x | 15.6x |
| Sat, 05 Mar 2022 | NOK 25.4b | NOK 1.9b | -NOK 1,784,049,000.00 | 91.6x | -14.2x | 13.1x |
| Mon, 31 Jan 2022 | NOK 23.6b | NOK 1.9b | -NOK 219,196,000.00 | 123.1x | -107.7x | 12.4x |
| Wed, 29 Dec 2021 | NOK 30.4b | NOK 1.7b | -NOK 39,649,666.00 | 34.3x | -766.2x | 17.5x |
Price to Earnings Ratio
-766.2x
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 8.3x is higher than the industry's current PS ratio of 1.5x.
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 35% 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 | -2.76% | |
| Industrials | -2.64% | |
| Electrical | 1.17% | |
| Electrical Components | 4.52% | |
| Heavy Electrical Equipment | 0.23% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 91% over the next 5 years.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 32% 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 | |
|---|---|---|---|---|---|
| ETMA Etman International | NOK 3.75 | 150.0% +NOK 52.6m | -6.3% | PS0.1x | |
| ZAP Zaptec | NOK 9.72 | 4.9% +NOK 39.3m | -57.6% | PS0.6x | |
| NEL Nel | NOK 3.04 | 0.2% +NOK 11.7m | -55.1% | PS3x |