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Norwegian (OSEAX) Real Estate Sector Analysis
UpdatedMar 27, 2026
DataAggregated Company Financials
Companies7
- 7D-3.0%
- 3M-3.7%
- 1Y8.4%
- YTD-3.9%
Over the last 7 days, the Real Estate industry has dropped 3.2%, driven by Entra declining 5.6%. In the past year, the industry has gained 9.1%. Earnings are forecast to grow by 15% annually.
Sector Valuation and Performance
Has the Norwegian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Mar 2026 | NOK 65.1b | NOK 11.3b | NOK 5.7b | 9.3x | 11.4x | 5.7x |
| Sun, 22 Feb 2026 | NOK 79.4b | NOK 10.5b | NOK 5.7b | 13.3x | 13.9x | 7.6x |
| Tue, 20 Jan 2026 | NOK 102.6b | NOK 14.5b | NOK 6.2b | 16.7x | 16.7x | 7.1x |
| Thu, 18 Dec 2025 | NOK 99.3b | NOK 14.5b | NOK 6.2b | 15.3x | 16.1x | 6.9x |
| Sat, 15 Nov 2025 | NOK 93.4b | NOK 14.0b | NOK 5.8b | 14.6x | 16.1x | 6.7x |
| Mon, 13 Oct 2025 | NOK 88.9b | NOK 13.6b | NOK 5.6b | 17.2x | 16x | 6.6x |
| Wed, 10 Sep 2025 | NOK 89.7b | NOK 13.4b | NOK 5.5b | 18x | 16.4x | 6.7x |
| Fri, 08 Aug 2025 | NOK 95.6b | NOK 14.6b | NOK 6.5b | 16.2x | 14.7x | 6.6x |
| Sun, 06 Jul 2025 | NOK 93.7b | NOK 14.5b | NOK 5.8b | 18.8x | 16.1x | 6.5x |
| Tue, 03 Jun 2025 | NOK 86.4b | NOK 14.5b | NOK 5.8b | 16.9x | 14.9x | 5.9x |
| Thu, 01 May 2025 | NOK 83.2b | NOK 14.9b | NOK 5.4b | 18.4x | 15.4x | 5.6x |
| Sat, 29 Mar 2025 | NOK 83.0b | NOK 15.2b | NOK 3.4b | 16.1x | 24.4x | 5.4x |
| Mon, 24 Feb 2025 | NOK 81.6b | NOK 15.2b | NOK 3.4b | 16.8x | 24x | 5.4x |
| Wed, 22 Jan 2025 | NOK 75.2b | NOK 15.0b | -NOK 3,863,863,812.99 | 13.7x | -19.5x | 5x |
| Fri, 20 Dec 2024 | NOK 75.1b | NOK 15.0b | -NOK 3,863,930,278.27 | 13.8x | -19.4x | 5x |
| Sun, 17 Nov 2024 | NOK 74.7b | NOK 15.2b | -NOK 3,569,065,262.45 | 17.3x | -20.9x | 4.9x |
| Tue, 15 Oct 2024 | NOK 82.0b | NOK 15.4b | -NOK 6,960,139,383.81 | 35.6x | -11.8x | 5.3x |
| Thu, 12 Sep 2024 | NOK 81.5b | NOK 15.4b | -NOK 6,960,011,325.38 | 35.9x | -11.7x | 5.3x |
| Sat, 10 Aug 2024 | NOK 80.0b | NOK 15.2b | -NOK 6,928,334,938.37 | 27.3x | -11.6x | 5.3x |
| Mon, 08 Jul 2024 | NOK 77.8b | NOK 15.4b | -NOK 8,141,385,597.64 | 15.2x | -9.6x | 5.1x |
| Wed, 05 Jun 2024 | NOK 76.1b | NOK 15.4b | -NOK 8,144,835,353.02 | 14.8x | -9.3x | 4.9x |
| Fri, 03 May 2024 | NOK 75.4b | NOK 15.0b | -NOK 8,623,314,627.44 | 32.3x | -8.7x | 5x |
| Sun, 31 Mar 2024 | NOK 72.2b | NOK 14.5b | -NOK 7,039,912,432.92 | 29.7x | -10.3x | 5x |
| Tue, 27 Feb 2024 | NOK 68.9b | NOK 14.7b | -NOK 7,039,929,608.91 | 30.9x | -9.8x | 4.7x |
| Thu, 25 Jan 2024 | NOK 69.8b | NOK 14.8b | -NOK 3,204,001,126.00 | 15.7x | -21.8x | 4.7x |
| Sat, 23 Dec 2023 | NOK 65.0b | NOK 14.8b | -NOK 3,203,936,808.00 | 15.2x | -20.3x | 4.4x |
| Mon, 20 Nov 2023 | NOK 58.7b | NOK 15.4b | -NOK 2,888,911,244.00 | 12x | -20.3x | 3.8x |
| Wed, 18 Oct 2023 | NOK 56.9b | NOK 15.7b | -NOK 3,225,439,188.00 | 12.4x | -17.6x | 3.6x |
| Fri, 15 Sep 2023 | NOK 60.3b | NOK 15.8b | -NOK 3,047,147,308.00 | 12.1x | -19.8x | 3.8x |
| Sun, 13 Aug 2023 | NOK 61.0b | NOK 16.3b | -NOK 2,801,976,001.00 | 12.5x | -21.8x | 3.7x |
| Tue, 11 Jul 2023 | NOK 62.0b | NOK 16.1b | -NOK 689,947,093.00 | 10.5x | -89.9x | 3.8x |
| Thu, 08 Jun 2023 | NOK 62.3b | NOK 16.1b | -NOK 690,291,380.00 | 11.1x | -90.3x | 3.9x |
| Sat, 06 May 2023 | NOK 63.5b | NOK 16.3b | NOK 1.7b | 8x | 38.4x | 3.9x |
| Mon, 03 Apr 2023 | NOK 63.6b | NOK 16.2b | NOK 4.6b | 8x | 13.7x | 3.9x |
Price to Earnings Ratio
13.7x
Current Industry PE
- Investors are pessimistic on the Norwegian Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 11.5x which is higher than its 3-year average PE of -5.6x.
- The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 7.0% per year over the last three years.
- Meanwhile revenues for these companies have declined 11% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Norwegian Real Estate sector?
| NO Market | -0.64% | |
| Real Estate | -3.03% | |
| Real Estate | -3.03% | |
Industry PE
- Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 14.7%, which is lower than the prior year's growth of 222.9% per year.
- Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 15% over the next 5 years.
- In contrast, the Real Estate industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| KMCP KMC Properties | NOK 26.46 | 10.3% +NOK 2.3m | -43.5% | PE0.03x | |
| BALT Baltic Sea Properties | NOK 49.00 | 0.4% +NOK 1.7m | -7.5% | PE9.3x |