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Norwegian (OSEAX) Electric Utilities Industry Analysis

UpdatedDec 27, 2024
DataAggregated Company Financials
Companies2
  • 7D-0.9%
  • 3M14.3%
  • 1Y31.7%
  • YTD35.1%

In the last week, the Electric Utilities industry is up 1.7%, with Elmera Group up 0.4%. In the last 12 months, the industry was up 43%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Norwegian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Dec 2024NOK 4.3bNOK 14.3bNOK 245.8m15.6x17.7x0.3x
Sun, 24 Nov 2024NOK 4.4bNOK 14.3bNOK 245.8m15.7x17.8x0.3x
Tue, 22 Oct 2024NOK 3.8bNOK 15.1bNOK 236.9m16.8x16.2x0.3x
Thu, 19 Sep 2024NOK 3.7bNOK 15.1bNOK 236.9m17.4x15.7x0.2x
Sat, 17 Aug 2024NOK 3.9bNOK 15.1bNOK 215.1m16.7x18.3x0.3x
Mon, 15 Jul 2024NOK 3.6bNOK 16.5bNOK 187.4m17.6x19.3x0.2x
Wed, 12 Jun 2024NOK 3.7bNOK 16.5bNOK 187.4m17.9x19.6x0.2x
Fri, 10 May 2024NOK 3.6bNOK 16.5bNOK 187.4m17.5x19x0.2x
Sun, 07 Apr 2024NOK 3.8bNOK 19.2bNOK 178.5m19.6x21.3x0.2x
Tue, 05 Mar 2024NOK 3.7bNOK 19.4bNOK 60.3m19x61.1x0.2x
Thu, 01 Feb 2024NOK 3.7bNOK 22.7b-NOK 71,981,051.0058.4x-52x0.2x
Sat, 30 Dec 2023NOK 3.5bNOK 22.7b-NOK 71,981,051.0054.7x-48.9x0.2x
Mon, 27 Nov 2023NOK 2.9bNOK 22.7b-NOK 71,981,051.0043.5x-39.7x0.1x
Wed, 25 Oct 2023NOK 2.8bNOK 26.7b-NOK 124,989,051.00375.1x-22.3x0.1x
Fri, 22 Sep 2023NOK 2.9bNOK 26.7b-NOK 124,989,051.00386.6x-23.5x0.1x
Sun, 20 Aug 2023NOK 2.5bNOK 26.8b-NOK 120,747,779.00318.1x-20.4x0.09x
Tue, 18 Jul 2023NOK 2.4bNOK 27.4b-NOK 41,383,779.0024.7x-57.1x0.09x
Thu, 15 Jun 2023NOK 2.8bNOK 27.4b-NOK 41,383,779.0030.1x-68.5x0.1x
Sat, 13 May 2023NOK 2.6bNOK 27.4b-NOK 41,383,779.0026.9x-61.7x0.09x
Mon, 10 Apr 2023NOK 2.1bNOK 26.1bNOK 42.6m25.3x49.4x0.08x
Wed, 08 Mar 2023NOK 1.8bNOK 26.1bNOK 42.6m21.4x42.6x0.07x
Fri, 03 Feb 2023NOK 1.9bNOK 24.0bNOK 266.5m5.5x7.1x0.08x
Sun, 01 Jan 2023NOK 1.9bNOK 24.0bNOK 266.5m5.8x7.1x0.08x
Tue, 29 Nov 2022NOK 2.4bNOK 24.0bNOK 266.5m7.3x8.9x0.1x
Thu, 27 Oct 2022NOK 1.9bNOK 20.0bNOK 262.9m5.9x7.4x0.1x
Sat, 24 Sep 2022NOK 2.0bNOK 20.0bNOK 265.7m5.7x7.5x0.1x
Mon, 22 Aug 2022NOK 2.7bNOK 19.8bNOK 276.1m8.5x9.9x0.1x
Wed, 20 Jul 2022NOK 2.4bNOK 18.2bNOK 300.7m6.9x8.1x0.1x
Fri, 17 Jun 2022NOK 2.3bNOK 18.2bNOK 300.7m6.5x7.7x0.1x
Sun, 15 May 2022NOK 2.7bNOK 18.0bNOK 306.3m7.8x8.8x0.1x
Tue, 12 Apr 2022NOK 3.2bNOK 15.4bNOK 329.9m8.7x9.8x0.2x
Thu, 10 Mar 2022NOK 4.1bNOK 15.4bNOK 329.9m11.2x12.4x0.3x
Sat, 05 Feb 2022NOK 4.5bNOK 10.9bNOK 316.0m12.6x14.1x0.4x
Mon, 03 Jan 2022NOK 5.8bNOK 10.9bNOK 316.0m16.6x18.4x0.5x
Price to Earnings Ratio

18.4x


Total Market Cap: NOK 5.8bTotal Earnings: NOK 316.0mTotal Revenue: NOK 10.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electric Utilities Industry Price to Earnings3Y Average 1.3x20232024
Current Industry PE
    There are only 2 companies in the Norwegian Electric Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have declined 8.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.5% 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 industry?

NO Market0.37%
Utilities0.83%
Electric Utilities-0.90%
Electric Utilities-0.90%
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?

CompanyLast Price7D1YValuation
ELMRA Elmera GroupNOK 38.650.8%
+NOK 32.7m		28.0%PE17.9x
SKAND Skandia GreenPowerNOK 1.096.4%
+NOK 7.8m		77.9%PE13.4x
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Latest News

ELMRA

NOK 38.65

Elmera Group

7D

0.8%

1Y

28.0%

SKAND

NOK 1.09

Skandia GreenPower

7D

6.4%

1Y

77.9%