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Norwegian (OSEAX) Renewable Energy Industry Analysis
UpdatedJan 26, 2022
DataAggregated Company Financials
Companies7
- 7D-13.3%
- 3M-32.0%
- 1Y-60.9%
- YTD-28.8%
Over the last 7 days, the Renewable Energy industry has dropped 13%, driven by declines from every company within the industry. However, the industry is down 61% over the past year.
Industry Valuation and Performance
Has the Norwegian Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 26 Jan 2022 | kr36.2b | kr3.1b | -kr329,471,791.00 | 6x |
| Fri, 24 Dec 2021 | kr50.4b | kr3.1b | -kr310,877,002.00 | 6.8x |
| Sun, 21 Nov 2021 | kr54.0b | kr3.1b | -kr302,028,115.00 | 23.1x |
| Tue, 19 Oct 2021 | kr47.7b | kr2.9b | -kr577,943,745.00 | 30.4x |
| Thu, 16 Sep 2021 | kr49.4b | kr2.9b | -kr578,818,153.35 | 35.4x |
| Sat, 14 Aug 2021 | kr51.0b | kr2.9b | -kr578,818,153.35 | 34.8x |
| Wed, 09 Jun 2021 | kr55.0b | kr2.9b | -kr781,686,358.92 | n/a |
| Tue, 02 Mar 2021 | kr66.5b | kr2.8b | -kr515,635,365.10 | n/a |
| Fri, 04 Dec 2020 | kr45.0b | kr2.7b | kr54.6m | 212.5x |
| Mon, 07 Sep 2020 | kr26.9b | kr2.5b | kr159.0m | 86.4x |
| Sun, 31 May 2020 | kr23.2b | kr2.1b | kr246.7m | 51x |
| Wed, 04 Mar 2020 | kr20.4b | kr1.8b | -kr51,350,943.81 | n/a |
| Sat, 07 Dec 2019 | kr13.9b | kr1.6b | kr16.5m | 393.2x |
| Tue, 10 Sep 2019 | kr12.2b | kr1.4b | -kr6,836,097.77 | 3022.5x |
| Mon, 03 Jun 2019 | kr9.9b | kr1.3b | kr108.5m | 179.6x |
| Thu, 07 Mar 2019 | kr9.8b | kr1.2b | kr118.3m | 67.5x |
PE Ratio
68x
Current Industry PE: There is only one profitable company in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 37% 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 Renewable Energy industry?
| Renewable Energy | -13.25% | |
Industry PE: Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 403x. This is likely because analysts are expecting annual earnings growth of 37% and investors are willing to pay a premium for that growth.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 37% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||