Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Renewable Energy Industry Analysis

UpdatedJul 15, 2025
DataAggregated Company Financials
Companies6
  • 7D0.5%
  • 3M23.6%
  • 1Y1.9%
  • YTDn/a

The Renewable Energy industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to decline by 14% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Jul 2025NOK 21.6bNOK 5.4bNOK 2.3b7.1x9.2x4x
Thu, 12 Jun 2025NOK 19.6bNOK 5.4bNOK 2.3b6.4x8.4x3.7x
Sat, 10 May 2025NOK 19.4bNOK 5.5bNOK 2.4b6.2x8.2x3.5x
Mon, 07 Apr 2025NOK 16.6bNOK 5.0bNOK 1.5b8.9x10.8x3.3x
Wed, 05 Mar 2025NOK 16.7bNOK 5.0bNOK 1.5b9.1x10.9x3.4x
Fri, 31 Jan 2025NOK 18.0bNOK 5.0bNOK 2.0b6.3x9.2x3.6x
Sun, 29 Dec 2024NOK 18.3bNOK 5.0bNOK 2.0b6.4x9.4x3.6x
Tue, 26 Nov 2024NOK 17.9bNOK 5.0bNOK 2.0b6.1x9.2x3.6x
Thu, 24 Oct 2024NOK 18.8bNOK 4.7bNOK 318.4m23.4x58.9x4x
Sat, 21 Sep 2024NOK 16.5bNOK 4.7bNOK 35.5m41.5x464.9x3.5x
Mon, 19 Aug 2024NOK 17.4bNOK 4.8bNOK 253.5m42.4x68.8x3.6x
Wed, 17 Jul 2024NOK 17.6bNOK 4.4bNOK 648.1m20.4x27.2x4x
Fri, 14 Jun 2024NOK 17.0bNOK 4.4bNOK 649.4m19.3x26.2x3.9x
Sun, 12 May 2024NOK 15.9bNOK 4.4bNOK 751.9m14.2x21.1x3.6x
Tue, 09 Apr 2024NOK 15.2bNOK 4.0bNOK 686.1m14.4x22.2x3.8x
Thu, 07 Mar 2024NOK 13.9bNOK 4.0bNOK 723.9m13.4x19.2x3.5x
Sat, 03 Feb 2024NOK 15.8bNOK 4.2bNOK 896.2m13x17.6x3.8x
Mon, 01 Jan 2024NOK 17.1bNOK 4.0bNOK 96.2m7.5x177.9x4.3x
Wed, 29 Nov 2023NOK 14.3bNOK 4.0bNOK 83.1m6.5x172.7x3.6x
Fri, 27 Oct 2023NOK 12.7bNOK 3.7bNOK 396.8m133.3x31.9x3.4x
Sun, 24 Sep 2023NOK 14.1bNOK 3.7bNOK 401.0m153.8x35.2x3.8x
Tue, 22 Aug 2023NOK 15.9bNOK 3.6bNOK 10.2m5.5x1551.2x4.4x
Thu, 20 Jul 2023NOK 17.2bNOK 3.5b-NOK 255,404,885.0034.4x-67.4x4.8x
Sat, 17 Jun 2023NOK 15.7bNOK 3.5b-NOK 262,549,612.0015.8x-59.9x4.5x
Mon, 15 May 2023NOK 15.7bNOK 3.5b-NOK 285,115,315.0013.8x-55x4.5x
Wed, 12 Apr 2023NOK 16.1bNOK 3.7b-NOK 1,459,604,433.0027.7x-11x4.3x
Fri, 10 Mar 2023NOK 14.6bNOK 3.7b-NOK 1,435,627,033.0026.5x-10.2x4x
Sun, 05 Feb 2023NOK 18.1bNOK 3.6b-NOK 990,126,087.0057.8x-18.3x5x
Tue, 03 Jan 2023NOK 17.7bNOK 3.6b-NOK 982,859,654.0059.5x-18x4.9x
Thu, 01 Dec 2022NOK 18.8bNOK 3.6b-NOK 970,794,629.0064.5x-19.3x5.2x
Sat, 29 Oct 2022NOK 16.4bNOK 3.6b-NOK 1,077,911,148.0062.2x-15.2x4.5x
Mon, 26 Sep 2022NOK 19.8bNOK 3.6b-NOK 1,146,607,744.00n/a-17.3x5.6x
Wed, 24 Aug 2022NOK 22.5bNOK 3.5b-NOK 1,144,778,842.00n/a-19.7x6.4x
Fri, 22 Jul 2022NOK 21.3bNOK 3.5b-NOK 922,835,978.0015x-23.1x6.2x
Price to Earnings Ratio

-23.1x


Total Market Cap: NOK 21.3bTotal Earnings: -NOK 922,835,978.00Total Revenue: NOK 3.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Renewable Energy Industry Price to Earnings3Y Average 48.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Renewable Electricity industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.2x which is lower than its 3-year average PE of 48.0x.
  • The industry is trading close to its 3-year average PS ratio of 4.2x.
Past Earnings Growth
  • Total earnings for the Renewable Electricity industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 16% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Norwegian Renewable Energy compare with similar industries?

NO Market-0.028%
Utilities-0.03%
Renewable Energy0.47%
Renewable Energy0.47%
Independent Power Producers and Energy Traders0%0
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
SCATC ScatecNOK 98.350.5%
+NOK 79.5m		12.1%PE7.1x
CLOUD Cloudberry Clean EnergyNOK 12.820.8%
+NOK 31.7m		12.5%PE56.5x
NOFIN Nordic FinancialsNOK 0.016-15.1%
NOK 30.2m		-99.1%PE-4.6x
ENERG EnergeiaNOK 0.1011.7%
+NOK 13.1m		-89.1%PS1.8x
MPCES MPC Energy SolutionsNOK 10.605.0%
+NOK 11.1m		-15.5%PS2x

Latest News

ALT
NOK 0.20
Alternus Energy Group
7D
2.0%
1Y
-93.2%
SCATC
NOK 98.35
Scatec
7D
0.5%
1Y
12.1%
MGN
NOK 24.00
Magnora
7D
-1.8%
1Y
-16.5%
EAM
NOK 2.00
EAM Solar
7D
-28.4%
1Y
-96.0%
ENERG
NOK 0.10
Energeia
7D
11.7%
1Y
-89.1%
NOFIN
NOK 0.016
Nordic Financials
7D
-15.1%
1Y
-99.1%
CLOUD
NOK 12.82
Cloudberry Clean Energy
7D
0.8%
1Y
12.5%
MPCES
NOK 10.60
MPC Energy Solutions
7D
5.0%
1Y
-15.5%