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Norwegian (OSEAX) Real Estate Industry Analysis

UpdatedFeb 02, 2023
DataAggregated Company Financials
Companies11
  • 7D-0.3%
  • 3M4.3%
  • 1Y-28.2%
  • YTD3.2%

Over the last 7 days, the Real Estate industry has remained flat, although notably Selvaag Bolig gained 3.6%. As for the longer term, the industry has declined 28% in the last year. In the next few years, earnings are forecast to decline by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Feb 2023kr65.8bkr16.6bkr10.7b6.6x6.1x4x
Sat, 31 Dec 2022kr62.8bkr16.6bkr10.7b6.6x5.8x3.8x
Mon, 28 Nov 2022kr62.5bkr15.2bkr10.3b6.5x6.1x4.1x
Wed, 26 Oct 2022kr61.2bkr15.2bkr11.3b6.2x5.4x4x
Fri, 23 Sep 2022kr66.4bkr15.0bkr15.0b6x4.4x4.4x
Sun, 21 Aug 2022kr73.2bkr14.1bkr14.9b6x4.9x5.2x
Tue, 19 Jul 2022kr69.5bkr13.4bkr14.1b6.5x4.9x5.2x
Thu, 16 Jun 2022kr76.5bkr13.4bkr15.2b6.6x5x5.7x
Sat, 14 May 2022kr79.0bkr13.0bkr14.1b8.1x5.6x6.1x
Mon, 11 Apr 2022kr86.0bkr12.3bkr12.5b8.2x6.9x7x
Wed, 09 Mar 2022kr86.8bkr14.7bkr12.9b8.3x6.7x5.9x
Fri, 04 Feb 2022kr94.2bkr13.8bkr14.0b9.3x6.7x6.8x
Sun, 02 Jan 2022kr95.3bkr13.8bkr14.0b8.9x6.8x6.9x
Tue, 30 Nov 2021kr95.7bkr13.9bkr14.0b8.5x6.8x6.9x
Thu, 28 Oct 2021kr107.6bkr14.0bkr16.2b8.3x6.7x7.7x
Sat, 25 Sep 2021kr104.3bkr14.0bkr16.2b8.4x6.4x7.5x
Mon, 23 Aug 2021kr98.3bkr13.1bkr13.8b8.7x7.1x7.5x
Sat, 10 Jul 2021kr89.8bkr13.1bkr13.8b8.5x6.5x6.9x
Fri, 02 Apr 2021kr88.1bkr12.6bkr12.5b11.1x7.1x7x
Mon, 04 Jan 2021kr92.4bkr11.5bkr10.1b11x9.1x8.1x
Thu, 08 Oct 2020kr68.0bkr12.5bkr4.7b9x14.4x5.4x
Wed, 01 Jul 2020kr68.5bkr13.2bkr5.0b9.6x13.6x5.2x
Sat, 04 Apr 2020kr57.6bkr15.0bkr5.6b8.4x10.2x3.8x
Price to Earnings Ratio

11.7x


Total Market Cap: kr83.0bTotal Earnings: kr7.1bTotal Revenue: kr15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Real Estate Industry Price to Earnings3Y Average 8.3x202120222023
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 6.1x which is lower than its 3-year average PE of 8.3x.
  • The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

NO Market2.31%
Real Estate-0.27%
Real Estate-0.27%
Real Estate Development3.65%
Diversified Real Estate0%
Real Estate Services0%
Real Estate Operating Companies-0.46%
Industry PE
    • Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading below its 3-year average of 9.4x.
    Forecasted Growth
    • Despite it being negative, analysts are least pessimistic on the Real Estate Operating Companies industry since they expect its earnings to decline by only 12% per year over the next 5 years, which isn't as bad as the other industries.
    • This is even lower than its past earnings decline of 3.4% per year.
    • In contrast, the Real Estate Development industry is expected to see its earnings decline by 17% 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 Entrakr124.403.5%
    +kr765.0m
    -35.4%PB0.7x
    SBO Selvaag Boligkr35.058.3%
    +kr251.0m
    -33.9%PB1.4x
    KMCP KMC Propertieskr7.001.4%
    +kr32.4m
    -35.8%PB1.1x
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    Latest News

    ROM

    kr1.98

    RomReal

    7D

    -12.4%

    1Y

    -13.9%

    SBO

    kr35.05

    Selvaag Bolig

    7D

    8.3%

    1Y

    -33.9%

    RCR

    kr13.40

    Recreate

    7D

    -2.2%

    1Y

    -50.9%

    KMCP

    kr7.00

    KMC Properties

    7D

    1.4%

    1Y

    -35.8%

    ENTRA

    kr124.40

    Entra

    7D

    3.5%

    1Y

    -35.4%

    OLT

    kr176.00

    Olav Thon Eiendomsselskap

    7D

    -0.6%

    1Y

    -9.7%

    AURA

    kr73.80

    Aurora Eiendom

    7D

    -2.9%

    1Y

    -28.1%