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Norwegian (OSEAX) Utilities Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies11
  • 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?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021kr58.0bkr14.0bkr15.8m15.6x
Wed, 27 Oct 2021kr58.2bkr11.9b-kr238,474,630.0023.6x
Fri, 24 Sep 2021kr58.4bkr11.9b-kr239,240,854.0025.3x
Sun, 22 Aug 2021kr55.2bkr11.9b-kr239,536,153.3525.2x
Fri, 09 Jul 2021kr64.3bkr11.9b-kr239,536,153.3524.6x
Thu, 01 Apr 2021kr71.5bkr10.0b-kr437,542,358.9222.8x
Sun, 03 Jan 2021kr65.8bkr7.0b-kr115,572,365.1023.9x
Wed, 07 Oct 2020kr41.0bkr7.3bkr506.7m58.4x
Tue, 30 Jun 2020kr30.5bkr7.6bkr604.9m18.5x
Fri, 03 Apr 2020kr23.8bkr8.0bkr674.1m16.9x
Mon, 06 Jan 2020kr21.7bkr9.0bkr318.8m16.4x
Thu, 10 Oct 2019kr20.3bkr8.9bkr332.3m93.3x
Wed, 03 Jul 2019kr14.6bkr8.9bkr301.1m27.1x
Sat, 06 Apr 2019kr14.2bkr8.6bkr394.8m80.7x
Tue, 08 Jan 2019kr12.2bkr7.9bkr371.8m36.9x
PE Ratio

78x

Total Market Cap: kr12.1bTotal Earnings: kr274.8mTotal Revenue: kr7.1b0%0%0%3 Year10 Year
201920202021

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?

Company7D1YValuation
SCATC Scatec1.5%+kr389.0m-40.8%PS8.8x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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SCATC

kr164.70

Scatec

7D

1.5%

1Y

-40.8%

EAM

kr10.50

EAM Solar

7D

-4.1%

1Y

-24.7%