Nel ASA's (OB:NEL) Shares Climb 28% But Its Business Is Yet to Catch Up
Oct 16
Have your own idea? Try our Stock Screener
Norwegian (OSEAX) Electrical Industry Analysis
UpdatedOct 25, 2025
DataAggregated Company Financials
Companies5
- 7D-6.7%
- 3M-7.2%
- 1Y-26.9%
- YTD11.4%
Over the last 7 days, the Electrical industry has dropped 6.7%, driven by declines from every company within the industry. Overall the industry is down 27% in 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 26 Oct 2025 | NOK 7.5b | NOK 3.8b | -NOK 1,089,766,030.95 | 435x | -6.9x | 2x |
| Tue, 23 Sep 2025 | NOK 7.1b | NOK 3.8b | -NOK 1,091,209,624.14 | 430.7x | -6.5x | 1.9x |
| Thu, 21 Aug 2025 | NOK 7.5b | NOK 3.2b | -NOK 1,136,553,453.53 | n/a | -6.6x | 2.3x |
| Sat, 19 Jul 2025 | NOK 7.9b | NOK 3.2b | -NOK 1,133,927,136.92 | n/a | -6.9x | 2.4x |
| Mon, 16 Jun 2025 | NOK 7.0b | NOK 3.4b | -NOK 1,174,998,108.88 | n/a | -6x | 2x |
| Wed, 14 May 2025 | NOK 7.4b | NOK 3.5b | -NOK 1,140,707,410.12 | n/a | -6.5x | 2.1x |
| Fri, 11 Apr 2025 | NOK 5.8b | NOK 3.6b | -NOK 908,708,614.09 | n/a | -6.4x | 1.6x |
| Sun, 09 Mar 2025 | NOK 5.4b | NOK 3.9b | -NOK 636,712,000.00 | n/a | -8.4x | 1.4x |
| Tue, 04 Feb 2025 | NOK 5.8b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -5.8x | 1.3x |
| Thu, 02 Jan 2025 | NOK 6.1b | NOK 4.3b | -NOK 989,946,000.00 | n/a | -6.2x | 1.4x |
| Sat, 30 Nov 2024 | NOK 6.5b | NOK 4.4b | -NOK 998,477,000.00 | n/a | -6.5x | 1.5x |
| Mon, 28 Oct 2024 | NOK 9.5b | NOK 4.5b | -NOK 954,554,000.00 | 34.8x | -9.9x | 2.1x |
| Wed, 25 Sep 2024 | NOK 9.7b | NOK 4.6b | -NOK 1,005,749,000.00 | 33.2x | -9.7x | 2.1x |
| Fri, 23 Aug 2024 | NOK 10.9b | NOK 4.5b | -NOK 1,013,003,000.00 | 37.9x | -10.8x | 2.4x |
| Sun, 21 Jul 2024 | NOK 12.0b | NOK 4.7b | -NOK 1,001,573,000.00 | 54.5x | -12x | 2.6x |
| Tue, 18 Jun 2024 | NOK 12.5b | NOK 4.7b | -NOK 1,180,457,481.38 | 61.5x | -10.6x | 2.7x |
| Thu, 16 May 2024 | NOK 12.2b | NOK 4.7b | -NOK 1,181,714,854.45 | 59.5x | -10.3x | 2.6x |
| Sat, 13 Apr 2024 | NOK 10.9b | NOK 4.1b | -NOK 1,309,889,467.39 | 56.5x | -8.3x | 2.7x |
| Mon, 11 Mar 2024 | NOK 10.2b | NOK 4.7b | -NOK 1,320,563,704.44 | 68.5x | -7.8x | 2.2x |
| Wed, 07 Feb 2024 | NOK 11.1b | NOK 4.4b | -NOK 1,938,556,263.90 | 310.9x | -5.7x | 2.5x |
| Fri, 05 Jan 2024 | NOK 14.4b | NOK 4.4b | -NOK 1,937,715,275.00 | 281.2x | -7.4x | 3.2x |
| Sun, 03 Dec 2023 | NOK 15.6b | NOK 4.4b | -NOK 1,943,343,771.00 | 228.4x | -8x | 3.6x |
| Tue, 31 Oct 2023 | NOK 14.2b | NOK 4.2b | -NOK 1,967,705,021.00 | n/a | -7.2x | 3.4x |
| Thu, 28 Sep 2023 | NOK 17.9b | NOK 4.0b | -NOK 1,936,558,692.00 | 35.8x | -9.2x | 4.5x |
| Sat, 26 Aug 2023 | NOK 23.8b | NOK 4.0b | -NOK 1,938,743,278.00 | 35.8x | -12.3x | 6x |
| Mon, 24 Jul 2023 | NOK 27.8b | NOK 3.8b | -NOK 1,942,242,092.00 | 35.8x | -14.3x | 7.4x |
| Wed, 21 Jun 2023 | NOK 28.5b | NOK 3.3b | -NOK 1,845,581,570.00 | 35.8x | -15.4x | 8.6x |
| Fri, 19 May 2023 | NOK 29.7b | NOK 3.3b | -NOK 1,845,930,765.00 | 35.8x | -16.1x | 8.9x |
| Sun, 16 Apr 2023 | NOK 28.0b | NOK 2.9b | -NOK 1,570,570,222.00 | 35.8x | -17.8x | 9.8x |
| Tue, 14 Mar 2023 | NOK 28.5b | NOK 2.9b | -NOK 1,570,080,593.00 | 35.8x | -18.2x | 9.9x |
| Thu, 09 Feb 2023 | NOK 34.2b | NOK 2.7b | -NOK 1,101,121,819.00 | 32.2x | -31x | 12.7x |
| Sat, 07 Jan 2023 | NOK 30.1b | NOK 2.6b | -NOK 1,039,865,412.00 | 41.1x | -29x | 11.6x |
| Mon, 05 Dec 2022 | NOK 29.2b | NOK 2.5b | -NOK 1,029,346,982.00 | 11.1x | -28.3x | 11.5x |
| Wed, 02 Nov 2022 | NOK 26.1b | NOK 1.9b | -NOK 1,031,343,444.00 | 1438.4x | -25.3x | 13.5x |
Price to Earnings Ratio
-25.3x
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 4.5x is higher than the industry's current PS ratio of 2.0x.
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 25% 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 | 1.25% | |
| Industrials | 1.83% | |
| Electrical | -6.67% | |
| Electrical Components | -2.82% | |
| Heavy Electrical Equipment | -9.36% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 64% over the next 5 years.
- This is better than its past earnings decline of 79% per year.
- In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| No data available | |||||