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Norwegian (OSEAX) Electric Utilities Industry Analysis

UpdatedJul 02, 2026
DataAggregated Company Financials
Companies2
  • 7D52.6%
  • 3M29.3%
  • 1Y29.1%
  • YTD17.2%

Over the last 7 days, the Electric Utilities industry has risen 52%, driven by gains from Elmera Group of 56%. In the same time, Skandia GreenPower was down 6.7%. This means that the industry has gained 33% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jul 2026NOK 5.2bNOK 15.5bNOK 203.6m21.8x25.7x0.3x
Sat, 30 May 2026NOK 3.5bNOK 15.5bNOK 203.6m17.2x17.2x0.2x
Mon, 27 Apr 2026NOK 4.0bNOK 12.7bNOK 172.8m22.6x23.4x0.3x
Wed, 25 Mar 2026NOK 3.9bNOK 12.6bNOK 178.0m17.8x21.9x0.3x
Fri, 20 Feb 2026NOK 3.7bNOK 12.6bNOK 178.0m17.1x20.8x0.3x
Sun, 18 Jan 2026NOK 4.3bNOK 12.0bNOK 314.6m13.6x13.7x0.4x
Tue, 16 Dec 2025NOK 4.3bNOK 12.0bNOK 314.6m13.7x13.6x0.4x
Thu, 13 Nov 2025NOK 3.8bNOK 11.6bNOK 309.5m12.6x12.2x0.3x
Sat, 11 Oct 2025NOK 3.7bNOK 11.5bNOK 309.8m12.3x12x0.3x
Mon, 08 Sep 2025NOK 3.8bNOK 11.5bNOK 309.8m12.4x12.4x0.3x
Wed, 06 Aug 2025NOK 4.0bNOK 11.6bNOK 320.9m12.7x12.4x0.3x
Fri, 04 Jul 2025NOK 4.1bNOK 11.6bNOK 320.9m12.2x12.6x0.4x
Sun, 01 Jun 2025NOK 3.8bNOK 11.6bNOK 320.9m11.6x12x0.3x
Tue, 29 Apr 2025NOK 4.1bNOK 12.5bNOK 367.5m11.7x11x0.3x
Thu, 27 Mar 2025NOK 4.1bNOK 12.5bNOK 367.5m10.8x11.1x0.3x
Sat, 22 Feb 2025NOK 3.6bNOK 12.5bNOK 363.7m11.1x10x0.3x
Mon, 20 Jan 2025NOK 4.2bNOK 14.3bNOK 245.8m15.1x17.2x0.3x
Wed, 18 Dec 2024NOK 4.4bNOK 14.3bNOK 245.8m15.5x18x0.3x
Fri, 15 Nov 2024NOK 4.2bNOK 14.3bNOK 245.8m15.8x17.1x0.3x
Sun, 13 Oct 2024NOK 3.8bNOK 15.1bNOK 236.9m18x16.2x0.3x
Tue, 10 Sep 2024NOK 3.7bNOK 15.1bNOK 236.9m15.7x15.4x0.2x
Thu, 08 Aug 2024NOK 3.7bNOK 16.5bNOK 187.4m17.9x19.9x0.2x
Sat, 06 Jul 2024NOK 3.6bNOK 16.5bNOK 187.4m17.4x19.2x0.2x
Mon, 03 Jun 2024NOK 3.6bNOK 16.5bNOK 187.4m17.4x19.1x0.2x
Wed, 01 May 2024NOK 3.7bNOK 19.2bNOK 178.5m18.8x20.5x0.2x
Fri, 29 Mar 2024NOK 3.8bNOK 19.2bNOK 178.5m19.5x21.2x0.2x
Sun, 25 Feb 2024NOK 3.4bNOK 19.4bNOK 60.3m17.3x55.8x0.2x
Tue, 23 Jan 2024NOK 3.5bNOK 22.7b-NOK 71,981,051.0053.8x-48.2x0.2x
Thu, 21 Dec 2023NOK 3.4bNOK 22.7b-NOK 71,981,051.0052.4x-47x0.1x
Sat, 18 Nov 2023NOK 3.0bNOK 22.7b-NOK 71,981,051.0045.1x-41x0.1x
Mon, 16 Oct 2023NOK 2.9bNOK 26.7b-NOK 124,989,051.00375.4x-22.8x0.1x
Wed, 13 Sep 2023NOK 2.7bNOK 26.7b-NOK 124,989,051.00356.7x-21.8x0.1x
Fri, 11 Aug 2023NOK 2.5bNOK 27.4b-NOK 41,383,779.0026.7x-61.4x0.09x
Sun, 09 Jul 2023NOK 2.5bNOK 27.4b-NOK 41,383,779.0025.7x-59.4x0.09x
Price to Earnings Ratio

-59.4x


Total Market Cap: NOK 2.5bTotal Earnings: -NOK 41,383,779.00Total Revenue: NOK 27.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electric Utilities Industry Price to Earnings3Y Average 5.3x202420252026
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
  • Total earnings for the Electric Utilities industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 17% per year.
  • This means that less sales are being generated overall, but since the 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-1.06%
Utilities10.99%
Electric Utilities52.56%
Electric Utilities52.56%
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 46.1556.2%
+NOK 1.8b		30.7%PE26.1x

Latest News

ELMRA
NOK 46.15
Elmera Group
7D
56.2%
1Y
30.7%
SKAND
NOK 1.54
Skandia GreenPower
7D
-6.7%
1Y
-3.8%