Norwegian (OSEAX) Real Estate Operating Companies Industry Analysis
UpdatedNov 28, 2023
DataAggregated Company Financials
Companies9
- 7D1.3%
- 3M-2.9%
- 1Y-5.6%
- YTD-7.1%
Over the last 7 days, the Real Estate Operating Companies industry has remained flat, although notably Aurora Eiendom declined by 4.0%. Unfortunately though, the industry is down 6.0% over the past 12 months. As for the next few years, earnings are expected to grow by 99% per annum.
Industry Valuation and Performance
Has the Norwegian Real Estate Operating Companies Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 Nov 2023 | kr56.6b | kr12.8b | -kr3,078,252,699.00 | 13.6x | -18.4x | 4.4x |
| Fri, 27 Oct 2023 | kr52.7b | kr12.7b | -kr2,221,814,756.00 | 13.2x | -23.7x | 4.2x |
| Sun, 24 Sep 2023 | kr56.4b | kr12.6b | -kr3,288,362,714.00 | 13.6x | -17.1x | 4.5x |
| Tue, 22 Aug 2023 | kr57.8b | kr13.2b | -kr3,214,986,009.00 | 13.1x | -18x | 4.4x |
| Thu, 20 Jul 2023 | kr58.6b | kr12.9b | -kr2,057,012,471.00 | 12.4x | -28.5x | 4.5x |
| Sat, 17 Jun 2023 | kr58.8b | kr12.9b | -kr1,056,409,143.00 | 12.6x | -55.7x | 4.6x |
| Mon, 15 May 2023 | kr60.5b | kr13.5b | kr1.1b | 9.7x | 56.8x | 4.5x |
| Wed, 12 Apr 2023 | kr60.2b | kr13.4b | kr4.0b | 8.9x | 15x | 4.5x |
| Fri, 10 Mar 2023 | kr61.7b | kr13.2b | kr7.2b | 8.7x | 8.6x | 4.7x |
| Sun, 05 Feb 2023 | kr63.5b | kr12.8b | kr10.2b | 6.7x | 6.2x | 4.9x |
| Tue, 03 Jan 2023 | kr61.0b | kr12.8b | kr10.2b | 6.8x | 6x | 4.8x |
| Thu, 01 Dec 2022 | kr60.0b | kr11.4b | kr9.8b | 7.2x | 6.1x | 5.2x |
| Sat, 29 Oct 2022 | kr58.5b | kr11.4b | kr10.7b | 7.1x | 5.5x | 5.1x |
| Mon, 26 Sep 2022 | kr61.8b | kr11.3b | kr14.4b | 6.2x | 4.3x | 5.5x |
| Wed, 24 Aug 2022 | kr68.2b | kr10.4b | kr14.2b | 6.5x | 4.8x | 6.6x |
| Fri, 22 Jul 2022 | kr66.0b | kr10.2b | kr13.6b | 5.5x | 4.9x | 6.5x |
| Sun, 19 Jun 2022 | kr68.1b | kr10.0b | kr14.7b | 5.8x | 4.6x | 6.8x |
| Tue, 17 May 2022 | kr75.0b | kr9.6b | kr13.6b | 8.3x | 5.5x | 7.8x |
| Thu, 14 Apr 2022 | kr80.9b | kr9.1b | kr11.4b | 9.3x | 7.1x | 8.8x |
| Sat, 12 Mar 2022 | kr81.7b | kr8.9b | kr12.0b | 7.1x | 6.8x | 9.1x |
| Mon, 07 Feb 2022 | kr84.5b | kr8.3b | kr13.0b | 9.9x | 6.5x | 10.2x |
| Wed, 05 Jan 2022 | kr86.9b | kr8.3b | kr13.0b | 10.3x | 6.7x | 10.5x |
| Fri, 03 Dec 2021 | kr87.2b | kr8.3b | kr13.0b | 10.6x | 6.7x | 10.5x |
| Sun, 31 Oct 2021 | kr98.7b | kr8.8b | kr15.3b | 7.1x | 6.4x | 11.3x |
| Tue, 28 Sep 2021 | kr95.9b | kr8.8b | kr15.4b | 7x | 6.2x | 10.9x |
| Thu, 26 Aug 2021 | kr90.0b | kr7.9b | kr13.0b | 8.6x | 6.9x | 11.4x |
| Fri, 02 Jul 2021 | kr81.4b | kr7.9b | kr13.0b | 8.5x | 6.3x | 10.3x |
| Mon, 05 Apr 2021 | kr79.4b | kr7.3b | kr11.7b | 10x | 6.8x | 10.8x |
| Thu, 07 Jan 2021 | kr84.3b | kr7.3b | kr8.5b | 11x | 9.9x | 11.6x |
Price to Earnings Ratio
21.9x
Current Industry PE
- Investors are pessimistic on the Norwegian Real Estate Operating Companies industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- Total earnings for the Real Estate Operating Companies industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 14% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Norwegian Real Estate Operating Companies compare with similar industries?
| NO Market | 0.55% | |
| Real Estate | 1.28% | |
| Real Estate | 1.28% | |
| Real Estate Operating Companies | 1.30% | |
| Real Estate Development | 0.88% | |
| Diversified Real Estate | 0% | |
| Real Estate Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENTRA Entra | kr101.50 | 3.3% +kr591.7m | -0.4% | PS5.6x | |
| OLT Olav Thon Eiendomsselskap | kr166.50 | 0.9% +kr152.2m | -4.9% | PS3.6x | |
| KMCP KMC Properties | kr5.20 | 4.2% +kr72.3m | -24.2% | PS4.7x | |
| BALT Baltic Sea Properties | kr48.00 | 3.0% +kr9.3m | n/a | PE13.6x | |
| RCR Recreate | kr2.50 | 19.0% +kr8.7m | -74.5% | PS0.3x |