Norwegian (OSEAX) Utilities Sector Analysis
- 7D-2.6%
- 3M-1.2%
- 1Y-38.1%
- YTD-40.8%
Over the last 7 days, the Utilities industry has dropped 2.6%, driven by a decline by Aker Horizons of 5.7%. However, the industry is down 38% over the past year.
Sector Valuation and Performance
Has the Norwegian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | kr58.0b | kr14.0b | kr15.8m | 15.6x |
| Wed, 27 Oct 2021 | kr58.2b | kr11.9b | -kr238,474,630.00 | 23.6x |
| Fri, 24 Sep 2021 | kr58.4b | kr11.9b | -kr239,240,854.00 | 25.3x |
| Sun, 22 Aug 2021 | kr55.2b | kr11.9b | -kr239,536,153.35 | 25.2x |
| Fri, 09 Jul 2021 | kr64.3b | kr11.9b | -kr239,536,153.35 | 24.6x |
| Thu, 01 Apr 2021 | kr71.5b | kr10.0b | -kr437,542,358.92 | 22.8x |
| Sun, 03 Jan 2021 | kr65.8b | kr7.0b | -kr115,572,365.10 | 23.9x |
| Wed, 07 Oct 2020 | kr41.0b | kr7.3b | kr506.7m | 58.4x |
| Tue, 30 Jun 2020 | kr30.5b | kr7.6b | kr604.9m | 18.5x |
| Fri, 03 Apr 2020 | kr23.8b | kr8.0b | kr674.1m | 16.9x |
| Mon, 06 Jan 2020 | kr21.7b | kr9.0b | kr318.8m | 16.4x |
| Thu, 10 Oct 2019 | kr20.3b | kr8.9b | kr332.3m | 93.3x |
| Wed, 03 Jul 2019 | kr14.6b | kr8.9b | kr301.1m | 27.1x |
| Sat, 06 Apr 2019 | kr14.2b | kr8.6b | kr394.8m | 80.7x |
| Tue, 08 Jan 2019 | kr12.2b | kr7.9b | kr371.8m | 36.9x |
78x
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Utilities industry have declined 61% per year over the last three years, while revenues for these companies have grown 25% 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 Trends
Which industries have driven the changes within the Norwegian Utilities sector?
| Electric Utilities | -1.07% | |
| Renewable Energy | -2.81% | |
Industry PE: Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 409x. This is likely because analysts are expecting annual earnings growth of 25% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 17.8x.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 25% over the next 5 years. Meanwhile, the Electric Utilities industry is expected to see its earnings grow 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SCATC Scatec | 1.5%+kr389.0m | -40.8% | PS8.8x |