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Norwegian (OSEAX) Electric Utilities Industry Analysis

UpdatedNov 16, 2024
DataAggregated Company Financials
Companies2
  • 7D4.8%
  • 3M9.9%
  • 1Y54.5%
  • YTD34.6%

Over the last 7 days, the Electric Utilities industry has risen 8.8%, driven by gains from Elmera Group of 9.3%. This means that the industry has gained 54% over the past year. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Nov 2024NOK 4.3bNOK 14.3bNOK 245.8m16.2x17.6x0.3x
Mon, 14 Oct 2024NOK 3.8bNOK 15.1bNOK 236.9m18x16.2x0.3x
Wed, 11 Sep 2024NOK 3.7bNOK 15.1bNOK 236.9m15.9x15.4x0.2x
Fri, 09 Aug 2024NOK 3.8bNOK 16.5bNOK 187.4m18.5x20.5x0.2x
Sun, 07 Jul 2024NOK 3.6bNOK 16.5bNOK 187.4m17.4x19.2x0.2x
Tue, 04 Jun 2024NOK 3.6bNOK 16.5bNOK 187.4m17.5x19.1x0.2x
Thu, 02 May 2024NOK 3.7bNOK 19.2bNOK 178.5m18.8x20.5x0.2x
Sat, 30 Mar 2024NOK 3.8bNOK 19.2bNOK 178.5m19.5x21.2x0.2x
Mon, 26 Feb 2024NOK 3.4bNOK 19.4bNOK 60.3m17.3x55.8x0.2x
Wed, 24 Jan 2024NOK 3.6bNOK 22.7b-NOK 71,981,051.0056.3x-50.2x0.2x
Fri, 22 Dec 2023NOK 3.4bNOK 22.7b-NOK 71,981,051.0053.4x-47.9x0.2x
Sun, 19 Nov 2023NOK 3.0bNOK 22.7b-NOK 71,981,051.0045.1x-41x0.1x
Tue, 17 Oct 2023NOK 2.9bNOK 26.7b-NOK 124,989,051.00375.7x-22.8x0.1x
Thu, 14 Sep 2023NOK 2.8bNOK 26.7b-NOK 124,989,051.00362.6x-22.1x0.1x
Sat, 12 Aug 2023NOK 2.6bNOK 27.4b-NOK 41,383,779.0027.3x-62.7x0.09x
Mon, 10 Jul 2023NOK 2.5bNOK 27.4b-NOK 41,383,779.0025.7x-59.4x0.09x
Wed, 07 Jun 2023NOK 2.7bNOK 27.4b-NOK 41,383,779.0028.6x-65.2x0.1x
Fri, 05 May 2023NOK 2.0bNOK 26.1b-NOK 53,881,779.0024.5x-37.9x0.08x
Sun, 02 Apr 2023NOK 2.1bNOK 26.1bNOK 42.6m24.6x48.2x0.08x
Tue, 28 Feb 2023NOK 1.8bNOK 26.1bNOK 42.6m21.8x43.2x0.07x
Thu, 26 Jan 2023NOK 1.8bNOK 24.0bNOK 266.5m5.3x6.9x0.08x
Sat, 24 Dec 2022NOK 2.0bNOK 24.0bNOK 266.5m5.8x7.4x0.08x
Mon, 21 Nov 2022NOK 2.6bNOK 24.0bNOK 266.5m7.9x9.6x0.1x
Wed, 19 Oct 2022NOK 1.9bNOK 20.0bNOK 265.7m5.7x7.3x0.1x
Fri, 16 Sep 2022NOK 2.3bNOK 19.8bNOK 276.1m6.6x8.5x0.1x
Sun, 14 Aug 2022NOK 2.8bNOK 18.2bNOK 300.7m7.7x9.3x0.2x
Tue, 12 Jul 2022NOK 2.4bNOK 18.2bNOK 300.7m6.7x7.9x0.1x
Thu, 09 Jun 2022NOK 2.7bNOK 18.2bNOK 300.7m7.7x9x0.1x
Sat, 07 May 2022NOK 2.9bNOK 18.0bNOK 306.3m8.3x9.4x0.2x
Mon, 04 Apr 2022NOK 4.1bNOK 15.4bNOK 329.9m11.4x12.6x0.3x
Wed, 02 Mar 2022NOK 4.4bNOK 15.4bNOK 329.9m12x13.2x0.3x
Fri, 28 Jan 2022NOK 4.6bNOK 10.9bNOK 316.0m13.1x14.5x0.4x
Sun, 26 Dec 2021NOK 5.6bNOK 10.9bNOK 316.0m16x17.7x0.5x
Tue, 23 Nov 2021NOK 5.6bNOK 10.9bNOK 316.0m15.9x17.8x0.5x
Price to Earnings Ratio

17.8x


Total Market Cap: NOK 5.6bTotal Earnings: NOK 316.0mTotal Revenue: NOK 10.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electric Utilities Industry Price to Earnings3Y Average 1.2x202220232024
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 Market2.30%
Utilities1.60%
Electric Utilities4.76%
Electric Utilities4.76%
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 38.404.9%
+NOK 196.4m		54.2%PE17.8x
SKAND Skandia GreenPowerNOK 1.200.4%
+NOK 601.4k		62.4%PE14.7x
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Latest News

ELMRA

NOK 38.40

Elmera Group

7D

4.9%

1Y

54.2%

SKAND

NOK 1.20

Skandia GreenPower

7D

0.4%

1Y

62.4%