Header cover image

Norwegian (OSEAX) Utilities Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies10
  • 7D-0.5%
  • 3M-16.2%
  • 1Y-41.3%
  • YTD-43.2%

Over the last 7 days, the Utilities industry has remained flat. Unfortunately though, the industry is down 41% over the past 12 months. Earnings are forecast to grow by 61% annually.

Sector Valuation and Performance

Has the Norwegian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022kr21.1bkr27.5b-kr704,278,181.0035.8x-30x0.8x
Sat, 29 Oct 2022kr18.4bkr23.6b-kr814,996,700.0034.1x-22.5x0.8x
Mon, 26 Sep 2022kr21.8bkr23.5b-kr880,874,849.005.7x-24.8x0.9x
Wed, 24 Aug 2022kr25.3bkr23.3b-kr868,693,394.008.5x-29.1x1.1x
Fri, 22 Jul 2022kr23.7bkr21.6b-kr622,179,530.0010.9x-38.1x1.1x
Sun, 19 Jun 2022kr21.2bkr21.6b-kr622,652,248.0010.4x-34x1x
Tue, 17 May 2022kr22.8bkr21.4b-kr534,915,753.007.3x-42.7x1.1x
Thu, 14 Apr 2022kr29.8bkr18.7bkr649.5m9x45.9x1.6x
Sat, 12 Mar 2022kr43.7bkr18.7bkr665.0m10.9x65.7x2.3x
Mon, 07 Feb 2022kr38.6bkr14.1bkr689.0m12.6x56x2.7x
Wed, 05 Jan 2022kr57.3bkr14.0bkr5.1m11.5x11216x4.1x
Fri, 03 Dec 2021kr55.8bkr14.0bkr6.3m10.8x8847.8x4x
Sun, 31 Oct 2021kr57.4bkr12.5b-kr57,488,554.0022.1x-998.1x4.6x
Tue, 28 Sep 2021kr58.3bkr11.9b-kr239,234,187.0030.6x-243.6x4.9x
Thu, 26 Aug 2021kr57.6bkr11.9b-kr239,536,153.3526.8x-240.7x4.8x
Fri, 02 Jul 2021kr64.3bkr11.9b-kr239,536,153.3524.6x-268.6x5.4x
Mon, 05 Apr 2021kr71.5bkr10.0b-kr437,542,358.9222.8x-163.4x7.2x
Thu, 07 Jan 2021kr65.8bkr7.0b-kr115,572,365.1023.9x-569.5x9.4x
Wed, 30 Sep 2020kr41.0bkr7.3bkr506.7m58.4x80.9x5.6x
Sat, 04 Jul 2020kr30.5bkr7.6bkr604.9m18.5x50.4x4x
Tue, 07 Apr 2020kr23.8bkr8.0bkr674.1m16.9x35.3x3x
Fri, 10 Jan 2020kr21.7bkr9.0bkr318.8m16.4x68.1x2.4x
Price to Earnings Ratio

57.8x


Total Market Cap: kr19.2bTotal Earnings: kr332.3mTotal Revenue: kr8.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Utilities Sector Price to Earnings3Y Average 208.6x202020212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 0.77x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 46% 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?

NO Market0.74%
Utilities-0.50%
Gas Utilities0%
Other Utilities0%
Water Utilities0%
Renewable Energy-0.21%
Electric Utilities-2.85%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 16.9x.
    • Analysts are expecting annual earnings decline of 5.4%, which is less than its past year's earnings decline of 9.3%.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 69% over the next 5 years.
  • In contrast, the Electric Utilities industry is expected to see its earnings decline by 5.4% 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
SCATC Scateckr86.220.6%
+kr82.6m
-43.2%PS4.6x
GNP GNP Energykr17.0013.3%
+kr20.2m
-20.9%n/a
EAM EAM Solarkr7.265.2%
+kr2.5m
-34.3%PS3.7x
SKAND Skandia GreenPowerkr2.205.8%
+kr2.0m
-75.1%PS0.07x
NSOL Norsk Solarkr3.770.5%
+kr1.5m
-47.6%PS19.9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ALT

kr19.50

Alternus Energy Group

7D

-0.5%

1Y

-32.8%

GNP

kr17.00

GNP Energy

7D

13.3%

1Y

-20.9%

ELMRA

kr19.47

Elmera Group

7D

-4.1%

1Y

-54.7%

EAM

kr7.26

EAM Solar

7D

5.2%

1Y

-34.3%

MPCES

kr13.90

MPC Energy Solutions

7D

-4.1%

1Y

-52.0%

SKAND

kr2.20

Skandia GreenPower

7D

5.8%

1Y

-75.1%

NSOL

kr3.77

Norsk Solar

7D

0.5%

1Y

-47.6%

CLOUD

kr13.28

Cloudberry Clean Energy

7D

-2.8%

1Y

-16.8%

AEGA

kr1.03

Aega

7D

1.8%

1Y

-41.4%