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Norwegian (OSEAX) Real Estate Industry Analysis

UpdatedJan 26, 2022
DataAggregated Company Financials
Companies12
  • 7D0.02%
  • 3M-3.7%
  • 1Y6.8%
  • YTD-2.4%

Over the last 7 days, the Real Estate industry has remained flat. As for the the longer term, the industry is up 6.8% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 27 Jan 2022kr93.0bkr13.8bkr14.0b9.3x
Sat, 25 Dec 2021kr93.7bkr13.8bkr14.0b8.8x
Mon, 22 Nov 2021kr107.7bkr14.4bkr16.2b8.6x
Wed, 20 Oct 2021kr106.1bkr14.0bkr16.2b8.2x
Fri, 17 Sep 2021kr106.3bkr14.0bkr16.2b8.8x
Sun, 15 Aug 2021kr101.4bkr13.1bkr13.8b8.9x
Thu, 10 Jun 2021kr88.9bkr12.6bkr12.5b11.2x
Wed, 03 Mar 2021kr83.9bkr11.4bkr10.0b10x
Sat, 05 Dec 2020kr79.2bkr12.5bkr4.7b12.2x
Tue, 08 Sep 2020kr67.1bkr13.2bkr5.0b9.3x
Mon, 01 Jun 2020kr67.0bkr15.0bkr5.6b10.1x
Thu, 05 Mar 2020kr80.4bkr15.4bkr7.1b13x
Sun, 08 Dec 2019kr76.3bkr14.8bkr6.8b13.9x
Sat, 31 Aug 2019kr70.7bkr14.2bkr6.5b15.4x
Tue, 04 Jun 2019kr68.8bkr13.0bkr7.2b8.9x
Fri, 08 Mar 2019kr68.8bkr13.1bkr7.9b8.1x
PE Ratio

8.1x

Total Market Cap: kr68.9bTotal Earnings: kr7.9bTotal Revenue: kr13.1b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.6x. However, future earnings are expected to decline by 38% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 21% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Norwegian Real Estate industry?

Real Estate Development1.09%
Real Estate Services0%
Real Estate Operating Companies-0.088%

Industry PE: Investors are most optimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average PE ratio of 10.9x. However analysts are expecting annual earnings decline of 42%, which is lower than the prior year's growth of 142% per year. So the market might believe that analysts are underestimating future growth or they expect the Real Estate Operating Companies industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 13.3x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Real Estate Development industry since they expect its earnings to decline by only 11% per year over the next 5 years, which isn't as bad as the other industries. Even still, this is an improvement from its past earnings decline of 66% per year. Meanwhile, the Real Estate Operating Companies industry is expected to see its earnings decline by 42% 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
ENTRA Entrakr192.801.2%
+kr418.7m
1.4%PB1.2x
OLT Olav Thon Eiendomsselskapkr193.000.5%
+kr103.6m
14.2%PB0.7x
AURA Aurora Eiendomkr104.981.9%
+kr40.3m
n/an/a
SBO Selvaag Boligkr53.100.6%
+kr27.8m
0.4%PB2.2x
ROM RomRealkr2.3615.7%
+kr13.2m
10.3%PB0.6x
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ROM

kr2.36

RomReal

7D

15.7%

1Y

10.3%