Sats ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 03
Norwegian (OSEAX) Consumer Discretionary Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
- 7D-0.5%
- 3M0.7%
- 1Y-21.5%
- YTD-0.3%
The Consumer Discretionary is pretty flat in the last 7 days, but Havila Kystruten has stood out, gaining 13%. Unfortunately though, the industry is down 21% over the past 12 months. As for the next few years, earnings are expected to grow by 34% per annum.
Sector Valuation and Performance
Has the Norwegian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr33.4b | kr57.3b | -kr2,676,976,131.84 | 16.5x | -12.5x | 0.6x |
| Tue, 16 Apr 2024 | kr35.2b | kr57.9b | -kr3,027,079,228.35 | 17.9x | -11.6x | 0.6x |
| Thu, 14 Mar 2024 | kr32.8b | kr58.1b | -kr3,005,482,272.94 | 16.2x | -10.9x | 0.6x |
| Sat, 10 Feb 2024 | kr32.3b | kr57.8b | -kr1,705,095,539.36 | 22.8x | -18.9x | 0.6x |
| Mon, 08 Jan 2024 | kr33.6b | kr57.9b | -kr1,066,749,519.00 | 19.9x | -31.5x | 0.6x |
| Wed, 06 Dec 2023 | kr29.8b | kr57.8b | -kr111,676,415.00 | 18.6x | -266.4x | 0.5x |
| Fri, 03 Nov 2023 | kr26.7b | kr57.9b | -kr192,522,313.00 | 23.2x | -138.9x | 0.5x |
| Sun, 01 Oct 2023 | kr26.5b | kr57.3b | -kr61,662,630.00 | 22.4x | -429.1x | 0.5x |
| Tue, 29 Aug 2023 | kr27.4b | kr58.0b | -kr878,740,199.00 | 25x | -31.1x | 0.5x |
| Thu, 27 Jul 2023 | kr29.5b | kr57.4b | -kr475,231,871.00 | 34.8x | -62.1x | 0.5x |
| Sat, 24 Jun 2023 | kr28.9b | kr58.0b | -kr147,475,844.00 | 31.2x | -196.2x | 0.5x |
| Mon, 22 May 2023 | kr31.2b | kr57.9b | kr157.7m | 29.2x | 197.7x | 0.5x |
| Wed, 19 Apr 2023 | kr30.7b | kr56.1b | kr377.3m | 16.7x | 81.3x | 0.5x |
| Fri, 17 Mar 2023 | kr29.2b | kr56.5b | kr377.5m | 16.9x | 77.5x | 0.5x |
| Sun, 12 Feb 2023 | kr30.1b | kr55.0b | kr561.1m | 13.2x | 53.6x | 0.5x |
| Tue, 10 Jan 2023 | kr28.7b | kr53.9b | kr984.2m | 12.2x | 29.1x | 0.5x |
| Thu, 08 Dec 2022 | kr27.3b | kr53.9b | kr983.6m | 13.6x | 27.8x | 0.5x |
| Sat, 05 Nov 2022 | kr26.6b | kr52.7b | kr1.1b | 12.2x | 24.4x | 0.5x |
| Mon, 03 Oct 2022 | kr24.7b | kr52.3b | kr1.3b | 17x | 18.9x | 0.5x |
| Wed, 31 Aug 2022 | kr28.4b | kr51.5b | kr1.4b | 21.5x | 19.7x | 0.6x |
| Fri, 29 Jul 2022 | kr28.8b | kr51.3b | kr1.5b | 14x | 18.6x | 0.6x |
| Sun, 26 Jun 2022 | kr26.3b | kr50.3b | -kr373,128,055.00 | 15.2x | -70.4x | 0.5x |
| Tue, 24 May 2022 | kr29.3b | kr50.2b | -kr334,850,242.00 | 19.7x | -87.4x | 0.6x |
| Thu, 21 Apr 2022 | kr34.1b | kr49.2b | -kr155,280,939.00 | 14.5x | -219.5x | 0.7x |
| Sat, 19 Mar 2022 | kr33.1b | kr49.4b | kr1.9b | 14.4x | 17.4x | 0.7x |
| Mon, 14 Feb 2022 | kr37.1b | kr53.0b | kr1.8b | 14.8x | 20.6x | 0.7x |
| Wed, 12 Jan 2022 | kr38.4b | kr52.3b | -kr233,477,077.00 | 15.4x | -164.3x | 0.7x |
| Fri, 10 Dec 2021 | kr37.3b | kr52.5b | -kr225,023,951.00 | 15x | -165.9x | 0.7x |
| Sun, 07 Nov 2021 | kr37.7b | kr52.1b | -kr274,591,357.00 | 14.4x | -137.1x | 0.7x |
| Tue, 05 Oct 2021 | kr36.5b | kr41.1b | kr1.4b | 12.5x | 25.8x | 0.9x |
| Thu, 02 Sep 2021 | kr35.5b | kr45.7b | kr2.0b | 15.8x | 17.7x | 0.8x |
| Sat, 31 Jul 2021 | kr34.9b | kr45.7b | kr2.0b | 15.7x | 17.4x | 0.8x |
Price to Earnings Ratio
90.9x
Current Industry PE
- Investors are relatively neutral on the Norwegian Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- Total earnings for the Consumer Discretionary industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 13% 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 Consumer Discretionary sector?
| NO Market | -1.02% | |
| Consumer Discretionary | -0.48% | |
| Consumer Services | 2.00% | |
| Hospitality | 0.68% | |
| Auto | 0% | |
| Consumer Durables | 0% | |
| Leisure | 0% | |
| Luxury | 0% | |
| Retail Distributors | 0% | |
| Online Retail and Ecommerce | 0% | |
| General Merchandise and Department Stores | -0.36% | |
| Specialty Stores | -1.45% | |
| Auto Components | -1.47% | |
Industry PE
- Investors are most optimistic about the General Merchandise and Department Stores industry which is trading above its 3-year average PE ratio of 10.4x.
- Analysts are expecting annual earnings growth of 9.8%, which is higher than its past year's earnings decline of 11.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 113% over the next 5 years.
- In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 9.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HKY Havila Kystruten | kr0.96 | 12.9% +kr94.2m | -87.4% | PS1.1x | |
| KOMPL Komplett | kr9.56 | 3.9% +kr63.1m | -36.3% | PS0.1x | |
| SATS Sats | kr17.84 | 1.0% +kr36.8m | 51.2% | PE15.3x | |
| LUMI Lumi Gruppen | kr10.20 | 2.0% +kr11.6m | -32.9% | PS1.4x | |
| HYN Hynion | kr0.34 | 3.0% +kr1.1m | -22.7% | PS7.9x |
