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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?

DateMarket CapRevenueEarningsPE
Wed, 26 Jan 2022kr36.2bkr3.1b-kr329,471,791.006x
Fri, 24 Dec 2021kr50.4bkr3.1b-kr310,877,002.006.8x
Sun, 21 Nov 2021kr54.0bkr3.1b-kr302,028,115.0023.1x
Tue, 19 Oct 2021kr47.7bkr2.9b-kr577,943,745.0030.4x
Thu, 16 Sep 2021kr49.4bkr2.9b-kr578,818,153.3535.4x
Sat, 14 Aug 2021kr51.0bkr2.9b-kr578,818,153.3534.8x
Wed, 09 Jun 2021kr55.0bkr2.9b-kr781,686,358.92n/a
Tue, 02 Mar 2021kr66.5bkr2.8b-kr515,635,365.10n/a
Fri, 04 Dec 2020kr45.0bkr2.7bkr54.6m212.5x
Mon, 07 Sep 2020kr26.9bkr2.5bkr159.0m86.4x
Sun, 31 May 2020kr23.2bkr2.1bkr246.7m51x
Wed, 04 Mar 2020kr20.4bkr1.8b-kr51,350,943.81n/a
Sat, 07 Dec 2019kr13.9bkr1.6bkr16.5m393.2x
Tue, 10 Sep 2019kr12.2bkr1.4b-kr6,836,097.773022.5x
Mon, 03 Jun 2019kr9.9bkr1.3bkr108.5m179.6x
Thu, 07 Mar 2019kr9.8bkr1.2bkr118.3m67.5x
PE Ratio

68x

Total Market Cap: kr9.8bTotal Earnings: kr118.3mTotal Revenue: kr1.2b0%0%0%3 Year10 Year
202020212022

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?

CompanyLast Price7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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