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Norwegian (OSEAX) Electric Utilities Industry Analysis

UpdatedOct 09, 2025
DataAggregated Company Financials
Companies2
  • 7D-4.3%
  • 3M-6.2%
  • 1Y1.2%
  • YTD-11.9%

Over the last 7 days, the Electric Utilities industry has dropped 3.1%, driven by a pullback from Elmera Group of 3.4%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Oct 2025NOK 3.8bNOK 11.5bNOK 309.8m13.2x12.2x0.3x
Sat, 06 Sep 2025NOK 3.8bNOK 11.5bNOK 309.8m12.4x12.3x0.3x
Mon, 04 Aug 2025NOK 3.9bNOK 11.6bNOK 320.9m11.9x12.2x0.3x
Wed, 02 Jul 2025NOK 4.1bNOK 11.6bNOK 320.9m12.1x12.6x0.3x
Fri, 30 May 2025NOK 3.8bNOK 11.6bNOK 320.9m11.7x11.9x0.3x
Sun, 27 Apr 2025NOK 4.1bNOK 12.5bNOK 367.5m11.9x11.1x0.3x
Tue, 25 Mar 2025NOK 4.1bNOK 12.5bNOK 363.7m12.6x11.3x0.3x
Thu, 20 Feb 2025NOK 3.7bNOK 12.5bNOK 363.7m11.5x10.1x0.3x
Sat, 18 Jan 2025NOK 4.2bNOK 14.3bNOK 245.8m15.1x17.2x0.3x
Mon, 16 Dec 2024NOK 4.4bNOK 14.3bNOK 245.8m15.9x18x0.3x
Wed, 13 Nov 2024NOK 4.2bNOK 14.3bNOK 245.8m15.4x16.9x0.3x
Fri, 11 Oct 2024NOK 3.8bNOK 15.1bNOK 236.9m17.5x15.8x0.2x
Sun, 08 Sep 2024NOK 3.7bNOK 15.1bNOK 236.9m16.6x15.5x0.2x
Tue, 06 Aug 2024NOK 3.6bNOK 16.5bNOK 187.4m17.1x19x0.2x
Thu, 04 Jul 2024NOK 3.7bNOK 16.5bNOK 187.4m17.9x19.8x0.2x
Sat, 01 Jun 2024NOK 3.6bNOK 16.5bNOK 187.4m17.4x19.1x0.2x
Mon, 29 Apr 2024NOK 3.5bNOK 19.2bNOK 178.5m18x19.6x0.2x
Wed, 27 Mar 2024NOK 3.8bNOK 19.2bNOK 178.5m19.3x21x0.2x
Fri, 23 Feb 2024NOK 3.3bNOK 19.4bNOK 60.3m16.8x54.3x0.2x
Sun, 21 Jan 2024NOK 3.4bNOK 22.7b-NOK 71,981,051.0053.3x-47.8x0.2x
Tue, 19 Dec 2023NOK 3.2bNOK 22.7b-NOK 71,981,051.0049.6x-44.3x0.1x
Thu, 16 Nov 2023NOK 2.9bNOK 22.7b-NOK 71,981,051.0044.2x-40.3x0.1x
Sat, 14 Oct 2023NOK 2.9bNOK 26.7b-NOK 124,989,051.00375.4x-22.8x0.1x
Mon, 11 Sep 2023NOK 2.7bNOK 26.7b-NOK 124,989,051.00349.9x-21.4x0.1x
Wed, 09 Aug 2023NOK 2.5bNOK 27.4b-NOK 41,383,779.0025.7x-59.4x0.09x
Fri, 07 Jul 2023NOK 2.5bNOK 27.4b-NOK 41,383,779.0026.1x-60.3x0.09x
Sun, 04 Jun 2023NOK 2.7bNOK 27.4b-NOK 41,383,779.0029.1x-66.2x0.1x
Tue, 02 May 2023NOK 2.2bNOK 26.1bNOK 42.6m26.1x50.8x0.08x
Thu, 30 Mar 2023NOK 2.1bNOK 26.1bNOK 42.6m24.9x48.5x0.08x
Sat, 25 Feb 2023NOK 1.8bNOK 26.1bNOK 42.6m21.4x42.1x0.07x
Mon, 23 Jan 2023NOK 1.9bNOK 24.0bNOK 266.5m5.4x7x0.08x
Wed, 21 Dec 2022NOK 2.6bNOK 24.0bNOK 266.5m7.8x9.7x0.1x
Fri, 18 Nov 2022NOK 2.6bNOK 24.0bNOK 266.5m7.9x9.6x0.1x
Sun, 16 Oct 2022NOK 1.9bNOK 20.0bNOK 265.7m5.4x7x0.09x
Price to Earnings Ratio

7x


Total Market Cap: NOK 1.9bTotal Earnings: NOK 265.7mTotal Revenue: NOK 20.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electric Utilities Industry Price to Earnings3Y Average 1.8x202320242025
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 grown 5.2% per year over the last three years.
  • Meanwhile revenues for these companies have declined 17% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Utilities industry?

NO Market-0.61%
Utilities1.45%
Electric Utilities-4.30%
Electric Utilities-4.30%
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
No data available

Latest News

SKAND
NOK 1.85
Skandia GreenPower
7D
-0.3%
1Y
44.7%

We Ran A Stock Scan For Earnings Growth And Skandia GreenPower (OB:SKAND) Passed With Ease

Oct 08
We Ran A Stock Scan For Earnings Growth And Skandia GreenPower (OB:SKAND) Passed With Ease
ELMRA
NOK 32.60
Elmera Group
7D
-4.5%
1Y
-0.6%