Analysis Article • May 15
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Norwegian (OSEAX) Electrical Components Industry Analysis
UpdatedMay 24, 2026
DataAggregated Company Financials
Companies4
- 7D6.4%
- 3M29.6%
- 1Y52.3%
- YTDn/a
Over the last 7 days, the Electrical Components industry has risen 6.4%, driven by gains from Zaptec of 11%. In the same time, Otovo was down 12%. This means that the industry has gained 52% over the past year. Earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Norwegian Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 May 2026 | NOK 5.3b | NOK 2.9b | -NOK 547,368,844.01 | 27.1x | -9.6x | 1.8x |
| Tue, 21 Apr 2026 | NOK 4.3b | NOK 2.3b | -NOK 663,222,669.97 | 58.4x | -6.5x | 1.9x |
| Thu, 19 Mar 2026 | NOK 3.5b | NOK 2.3b | -NOK 664,250,620.14 | 47.4x | -5.3x | 1.6x |
| Sat, 14 Feb 2026 | NOK 3.0b | NOK 2.1b | -NOK 578,435,884.70 | 52.8x | -5.2x | 1.4x |
| Mon, 12 Jan 2026 | NOK 2.9b | NOK 2.2b | -NOK 589,583,860.72 | 54.4x | -5x | 1.4x |
| Wed, 10 Dec 2025 | NOK 2.7b | NOK 2.7b | -NOK 591,802,078.99 | 55.8x | -4.6x | 1x |
| Fri, 07 Nov 2025 | NOK 3.0b | NOK 2.8b | -NOK 572,184,753.13 | 63x | -5.3x | 1.1x |
| Sun, 05 Oct 2025 | NOK 3.4b | NOK 2.7b | -NOK 601,368,851.16 | 463.3x | -5.7x | 1.3x |
| Tue, 02 Sep 2025 | NOK 3.0b | NOK 2.1b | -NOK 601,041,904.12 | 387.2x | -5x | 1.4x |
| Thu, 31 Jul 2025 | NOK 2.9b | NOK 2.1b | -NOK 643,706,140.17 | n/a | -4.5x | 1.4x |
| Sat, 28 Jun 2025 | NOK 2.7b | NOK 2.2b | -NOK 708,970,831.30 | n/a | -3.8x | 1.3x |
| Mon, 26 May 2025 | NOK 2.6b | NOK 2.2b | -NOK 699,885,651.61 | n/a | -3.8x | 1.2x |
| Wed, 23 Apr 2025 | NOK 2.0b | NOK 2.2b | -NOK 647,700,945.73 | n/a | -3.1x | 0.9x |
| Fri, 21 Mar 2025 | NOK 2.2b | NOK 2.2b | -NOK 637,694,378.73 | n/a | -3.4x | 1x |
| Sun, 16 Feb 2025 | NOK 1.8b | NOK 2.6b | -NOK 456,861,000.00 | n/a | -4x | 0.7x |
| Tue, 14 Jan 2025 | NOK 1.5b | NOK 2.6b | -NOK 456,861,000.00 | n/a | -3.3x | 0.6x |
| Thu, 12 Dec 2024 | NOK 1.4b | NOK 2.6b | -NOK 456,861,000.00 | n/a | -3.1x | 0.5x |
| Sat, 09 Nov 2024 | NOK 1.7b | NOK 2.8b | -NOK 421,469,000.00 | 32.7x | -3.9x | 0.6x |
| Mon, 07 Oct 2024 | NOK 1.6b | NOK 2.9b | -NOK 421,000,000.00 | 32.6x | -3.9x | 0.6x |
| Wed, 04 Sep 2024 | NOK 1.9b | NOK 2.9b | -NOK 428,911,000.00 | 38.8x | -4.4x | 0.7x |
| Fri, 02 Aug 2024 | NOK 2.1b | NOK 3.0b | -NOK 416,824,000.00 | 54x | -5x | 0.7x |
| Sun, 30 Jun 2024 | NOK 2.6b | NOK 3.0b | -NOK 416,824,000.00 | 60.4x | -6.3x | 0.9x |
| Tue, 28 May 2024 | NOK 2.1b | NOK 3.0b | -NOK 495,102,368.34 | 67.6x | -4.2x | 0.7x |
| Thu, 25 Apr 2024 | NOK 2.0b | NOK 3.1b | -NOK 468,586,045.61 | 54.2x | -4.2x | 0.6x |
| Sat, 23 Mar 2024 | NOK 2.1b | NOK 2.4b | -NOK 454,811,897.61 | 66.4x | -4.6x | 0.9x |
| Mon, 19 Feb 2024 | NOK 3.0b | NOK 2.9b | -NOK 480,546,940.58 | 327.2x | -6.1x | 1x |
| Wed, 17 Jan 2024 | NOK 3.1b | NOK 2.9b | -NOK 456,967,760.00 | 286.7x | -6.8x | 1.1x |
| Fri, 15 Dec 2023 | NOK 2.9b | NOK 2.8b | -NOK 461,057,518.00 | 246x | -6.3x | 1x |
| Sun, 12 Nov 2023 | NOK 2.5b | NOK 2.6b | -NOK 486,477,310.00 | n/a | -5.2x | 1x |
| Tue, 10 Oct 2023 | NOK 3.3b | NOK 2.6b | -NOK 422,483,956.00 | 35.8x | -7.8x | 1.3x |
| Thu, 07 Sep 2023 | NOK 4.2b | NOK 2.6b | -NOK 423,341,878.00 | 35.8x | -9.8x | 1.6x |
| Sat, 05 Aug 2023 | NOK 4.8b | NOK 2.4b | -NOK 426,920,710.00 | 35.8x | -11.2x | 2x |
| Mon, 03 Jul 2023 | NOK 5.1b | NOK 2.3b | -NOK 398,498,103.00 | 35.8x | -12.9x | 2.3x |
| Wed, 31 May 2023 | NOK 5.1b | NOK 2.3b | -NOK 400,600,850.00 | 35.8x | -12.8x | 2.3x |
Price to Earnings Ratio
-12.8x
Current Industry PE
- Investors are optimistic on the Norwegian Electrical Components and Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 9.2% 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 Comparison
How does Norwegian Electrical Components compare with similar industries?
| NO Market | 0.80% | |
| Industrials | 2.85% | |
| Electrical | 8.92% | |
| Electrical Components | 6.39% | |
| Heavy Electrical Equipment | 11.02% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 47.75 | 11.0% +NOK 413.3m | 132.9% | PE51.7x | |
| CAVEN Cavendish Hydrogen | NOK 8.51 | 1.6% +NOK 4.4m | -30.2% | PS1.8x |