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Norwegian (OSEAX) Professional Services Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies2
  • 7D-1.8%
  • 3M4.2%
  • 1Y61.3%
  • YTD46.8%

Over the last 7 days, the Professional Services industry has dropped 1.0%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 59%. In the next few years, earnings are forecast to decline by 3.1% annually.

Industry Valuation and Performance

Has the Norwegian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Nov 2024NOK 6.6bNOK 6.6bNOK 489.0m20.9x13.5x1x
Fri, 18 Oct 2024NOK 6.6bNOK 6.4bNOK 424.4m20.5x15.5x1x
Sun, 15 Sep 2024NOK 6.6bNOK 6.4bNOK 424.4m20.8x15.5x1x
Tue, 13 Aug 2024NOK 6.3bNOK 6.0bNOK 292.8m31.6x21.4x1x
Thu, 11 Jul 2024NOK 6.2bNOK 6.0bNOK 292.8m32.3x21.2x1x
Sat, 08 Jun 2024NOK 5.9bNOK 6.0bNOK 292.8m31.4x20x1x
Mon, 06 May 2024NOK 5.5bNOK 5.9bNOK 324.4m128.4x16.9x0.9x
Wed, 03 Apr 2024NOK 5.6bNOK 5.9bNOK 324.4m128.4x17.2x0.9x
Fri, 01 Mar 2024NOK 5.2bNOK 5.9bNOK 294.8m12.6x17.8x0.9x
Sun, 28 Jan 2024NOK 4.4bNOK 5.6bNOK 257.5m11.9x17.1x0.8x
Tue, 26 Dec 2023NOK 4.3bNOK 5.6bNOK 257.5m11.9x16.8x0.8x
Thu, 23 Nov 2023NOK 4.1bNOK 5.6bNOK 257.5m11.7x15.8x0.7x
Sat, 21 Oct 2023NOK 4.7bNOK 5.5bNOK 253.6m11.4x18.6x0.9x
Mon, 18 Sep 2023NOK 5.1bNOK 5.5bNOK 253.6m12.3x20x0.9x
Wed, 16 Aug 2023NOK 5.2bNOK 5.3bNOK 263.4m11.7x19.7x1x
Fri, 14 Jul 2023NOK 5.6bNOK 5.3bNOK 263.4m13x21.3x1.1x
Sun, 11 Jun 2023NOK 5.5bNOK 5.3bNOK 263.4m12.8x20.7x1x
Tue, 09 May 2023NOK 5.1bNOK 5.1bNOK 228.0m13.5x22.6x1x
Thu, 06 Apr 2023NOK 5.3bNOK 5.1bNOK 263.8m13.9x20x1x
Sat, 04 Mar 2023NOK 5.1bNOK 5.1bNOK 263.9m13x19.3x1x
Mon, 30 Jan 2023NOK 4.6bNOK 5.0bNOK 257.8m12.2x17.8x0.9x
Wed, 28 Dec 2022NOK 4.4bNOK 5.0bNOK 257.8m12.5x17.1x0.9x
Fri, 25 Nov 2022NOK 4.6bNOK 5.0bNOK 257.8m12.8x17.8x0.9x
Sun, 23 Oct 2022NOK 4.4bNOK 4.8bNOK 243.3m12.8x17.9x0.9x
Tue, 20 Sep 2022NOK 4.6bNOK 4.8bNOK 243.3m13.7x18.8x0.9x
Thu, 18 Aug 2022NOK 4.8bNOK 4.8bNOK 274.6m68.8x17.6x1x
Sat, 16 Jul 2022NOK 4.9bNOK 4.7bNOK 282.2m34.5x17.2x1x
Mon, 13 Jun 2022NOK 5.0bNOK 4.7bNOK 282.2m38.4x17.8x1.1x
Wed, 11 May 2022NOK 5.2bNOK 4.7bNOK 283.8m36.4x18.4x1.1x
Fri, 08 Apr 2022NOK 5.7bNOK 4.6bNOK 228.9m47.5x24.8x1.2x
Sun, 06 Mar 2022NOK 5.3bNOK 4.6bNOK 246.5m24.9x21.4x1.2x
Tue, 01 Feb 2022NOK 12.4bNOK 7.7b-NOK 344,154,210.0027.3x-36.1x1.6x
Thu, 30 Dec 2021NOK 13.7bNOK 7.6b-NOK 334,352,758.0028x-41.1x1.8x
Sat, 27 Nov 2021NOK 14.0bNOK 7.7b-NOK 356,975,238.0029.7x-39.3x1.8x
Price to Earnings Ratio

-39.3x


Total Market Cap: NOK 14.0bTotal Earnings: -NOK 356,975,238.00Total Revenue: NOK 7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Professional Services Industry Price to Earnings3Y Average 13.2x202220232024
Current Industry PE
    There are only 2 companies in the Norwegian Professional Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Professional Services industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 5.0% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Industrials industry?

NO Market1.63%
Industrials1.95%
Professional Services-1.77%
HR Services0.29%
Research and Consulting Services-2.35%
Industry PE
  • Investors are most optimistic about the HR Services industry which is trading above its 3-year average PE ratio of 17.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Research and Consulting Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Research and Consulting Services industry since they expect its earnings to decline by only 3.1% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 57% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings decline by 3.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ZAL ZalarisNOK 68.800.3%
+NOK 4.3m		80.6%PE30.2x
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MULTI

NOK 187.00

Multiconsult

7D

-2.3%

1Y

56.5%

ZAL

NOK 68.80

Zalaris

7D

0.3%

1Y

80.6%