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Norwegian (OSEAX) Real Estate Sector Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.1%
  • 3M-3.4%
  • 1Y10.7%
  • YTD-3.6%

Over the last 7 days, the Real Estate industry has dropped 3.1%, driven by a pullback from Entra of 6.1%. Over the past 12 months, the industry was up 11%. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

Has the Norwegian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026NOK 65.4bNOK 11.3bNOK 5.7b9.3x11.5x5.8x
Sat, 21 Feb 2026NOK 79.3bNOK 10.5bNOK 5.7b13.3x13.8x7.5x
Mon, 19 Jan 2026NOK 103.0bNOK 14.5bNOK 6.2b16.7x16.7x7.1x
Wed, 17 Dec 2025NOK 99.0bNOK 14.5bNOK 6.2b15.8x16.1x6.8x
Fri, 14 Nov 2025NOK 93.4bNOK 14.0bNOK 5.8b14.7x16.1x6.7x
Sun, 12 Oct 2025NOK 88.9bNOK 13.6bNOK 5.6b17.2x16x6.6x
Tue, 09 Sep 2025NOK 89.5bNOK 13.4bNOK 5.5b18x16.3x6.7x
Thu, 07 Aug 2025NOK 96.1bNOK 14.6bNOK 6.5b16.2x14.7x6.6x
Sat, 05 Jul 2025NOK 93.7bNOK 14.5bNOK 5.8b18.8x16.1x6.5x
Mon, 02 Jun 2025NOK 85.7bNOK 14.5bNOK 5.8b16.9x14.7x5.9x
Wed, 30 Apr 2025NOK 82.9bNOK 14.9bNOK 5.4b18.4x15.4x5.6x
Fri, 28 Mar 2025NOK 82.4bNOK 15.2bNOK 3.4b16x24.2x5.4x
Sun, 23 Feb 2025NOK 81.6bNOK 15.2bNOK 3.4b16.8x24x5.4x
Tue, 21 Jan 2025NOK 75.5bNOK 15.0b-NOK 3,863,860,389.6713.8x-19.5x5x
Thu, 19 Dec 2024NOK 75.5bNOK 15.0b-NOK 3,863,863,298.2013.5x-19.5x5x
Sat, 16 Nov 2024NOK 74.7bNOK 15.2b-NOK 3,598,309,929.4517.3x-20.8x4.9x
Mon, 14 Oct 2024NOK 82.0bNOK 15.4b-NOK 6,960,139,383.8135.6x-11.8x5.3x
Wed, 11 Sep 2024NOK 81.3bNOK 15.4b-NOK 6,960,020,772.5735.8x-11.7x5.3x
Fri, 09 Aug 2024NOK 80.0bNOK 15.5b-NOK 6,956,108,787.8527.3x-11.5x5.2x
Sun, 07 Jul 2024NOK 77.8bNOK 15.4b-NOK 8,141,385,597.6415.2x-9.6x5.1x
Tue, 04 Jun 2024NOK 76.1bNOK 15.4b-NOK 8,151,969,433.6336.8x-9.3x5x
Thu, 02 May 2024NOK 75.0bNOK 15.0b-NOK 8,623,311,592.7832.3x-8.7x5x
Sat, 30 Mar 2024NOK 72.2bNOK 14.5b-NOK 7,039,911,118.6829.7x-10.3x5x
Mon, 26 Feb 2024NOK 69.1bNOK 14.7b-NOK 7,039,930,424.2030.9x-9.8x4.7x
Wed, 24 Jan 2024NOK 69.7bNOK 14.8b-NOK 3,204,002,575.0015.8x-21.8x4.7x
Fri, 22 Dec 2023NOK 64.7bNOK 14.8b-NOK 3,203,963,156.0015.4x-20.2x4.4x
Sun, 19 Nov 2023NOK 58.7bNOK 15.4b-NOK 2,888,911,244.0012x-20.3x3.8x
Tue, 17 Oct 2023NOK 56.9bNOK 15.7b-NOK 3,225,439,188.0012.4x-17.6x3.6x
Thu, 14 Sep 2023NOK 59.6bNOK 15.8b-NOK 3,047,184,594.0011.8x-19.6x3.8x
Sat, 12 Aug 2023NOK 61.0bNOK 16.1b-NOK 1,880,813,713.0012.6x-32.5x3.8x
Mon, 10 Jul 2023NOK 61.1bNOK 16.1b-NOK 690,072,543.0011.1x-88.5x3.8x
Wed, 07 Jun 2023NOK 61.8bNOK 16.1b-NOK 690,345,791.0010.6x-89.5x3.8x
Fri, 05 May 2023NOK 63.0bNOK 16.3bNOK 1.7b8.1x38.1x3.9x
Sun, 02 Apr 2023NOK 63.6bNOK 16.2bNOK 4.6b8x13.7x3.9x
Price to Earnings Ratio

13.7x


Total Market Cap: NOK 63.6bTotal Earnings: NOK 4.6bTotal Revenue: NOK 16.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Real Estate Sector Price to Earnings3Y Average -5.6x202420252026
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 4.9% 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-0.33%
Real Estate-3.08%
Real Estate-3.08%
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 14.6%, 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?

CompanyLast Price7D1YValuation
KMCP KMC PropertiesNOK 26.902.3%
+NOK 568.5k
-33.9%PE0.03x

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