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Norwegian (OSEAX) Renewable Energy Industry Analysis

UpdatedJun 24, 2022
DataAggregated Company Financials
Companies7
  • 7D5.3%
  • 3M-27.1%
  • 1Y-53.7%
  • YTD-37.4%

In the last week, the Renewable Energy industry is up 5.3%, with Scatec up 9.4%. During this same period, the Cloudberry Clean Energy underperformed, falling 8.1%. However, the industry is down 54% over the past year. Earnings are forecast to grow by 67% annually.

Industry Valuation and Performance

Has the Norwegian Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 25 Jun 2022kr19.2bkr3.5b-kr922,997,718.0015.7x
Mon, 23 May 2022kr20.4bkr3.4b-kr868,225,996.0017.6x
Wed, 20 Apr 2022kr25.9bkr3.3bkr319.5m29.8x
Fri, 18 Mar 2022kr39.6bkr3.3bkr335.2m32.1x
Sun, 13 Feb 2022kr34.7bkr3.2bkr371.5m28.3x
Tue, 11 Jan 2022kr44.3bkr3.1b-kr331,055,189.006.5x
Thu, 09 Dec 2021kr48.5bkr3.1b-kr310,479,490.006.3x
Sat, 06 Nov 2021kr51.9bkr3.0b-kr397,010,675.0027.9x
Mon, 04 Oct 2021kr47.4bkr2.9b-kr578,434,121.0032.5x
Wed, 01 Sep 2021kr51.0bkr2.9b-kr578,818,153.3533.6x
Thu, 08 Jul 2021kr58.0bkr2.9b-kr578,818,153.3532.3x
Wed, 31 Mar 2021kr62.8bkr2.9b-kr781,686,358.92n/a
Sat, 02 Jan 2021kr55.9bkr2.8b-kr515,635,365.10n/a
Tue, 06 Oct 2020kr30.7bkr2.7bkr54.6m93.9x
Fri, 10 Jul 2020kr22.2bkr2.5bkr159.0m71.9x
Thu, 02 Apr 2020kr16.7bkr2.1bkr254.7m37.4x
Sun, 05 Jan 2020kr15.7bkr1.8b-kr51,350,943.81n/a
Wed, 09 Oct 2019kr14.8bkr1.6bkr16.5m431.6x
Tue, 02 Jul 2019kr10.0bkr1.4b-kr6,836,097.772437.9x
Median PE Ratio

2437.9x


Total Market Cap: kr10.0bTotal Earnings: -kr6,836,097.77Total Revenue: kr1.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Renewable Energy Industry Median PE3Y Average 290.1x202020212022
Current Industry PE
  • Investors are pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
  • The industry's 3-year average PS ratio 12.9x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 35% 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 caused losses to expand.

Industry Comparison

How does Norwegian Renewable Energy compare with similar industries?

NO Market-3.42%
Utilities4.97%
Renewable Energy5.26%
Renewable Energy5.26%
Independent Power Producers and Energy Traders0%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SCATC Scateckr92.507.6%
+kr1.0b
-60.1%PS4.8x
ALT Alternus Energy Groupkr21.909.5%
+kr50.1m
-27.0%PS15.9x
MPCES MPC Energy Solutionskr18.784.3%
+kr17.4m
-43.1%PS77.8x
AEGA Aegakr1.1610.1%
+kr8.5m
-45.5%PS4x
NSOL Norsk Solarkr4.040.2%
+kr747.7k
-56.1%PS23.4x
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Latest News

SCATC

kr92.50

Scatec

7D

7.6%

1Y

-60.1%