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May 03
Norwegian (OSEAX) Hospitality Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies5
- 7D0.7%
- 3M4.4%
- 1Y-31.6%
- YTD14.1%
In the last week, the Hospitality industry is up 2.6%, with Havila Kystruten up 13%. However, the industry is down 24% over the past year. Earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Norwegian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr8.6b | kr6.7b | -kr472,638,484.14 | 17.4x | -18.3x | 1.3x |
| Tue, 16 Apr 2024 | kr8.9b | kr6.5b | -kr532,485,856.64 | 22.7x | -16.7x | 1.4x |
| Thu, 14 Mar 2024 | kr8.5b | kr6.5b | -kr534,637,560.55 | 21.8x | -15.9x | 1.3x |
| Sat, 10 Feb 2024 | kr8.4b | kr6.7b | -kr683,972,412.18 | 55.4x | -12.2x | 1.2x |
| Mon, 08 Jan 2024 | kr7.8b | kr6.7b | -kr686,042,674.00 | 50.7x | -11.3x | 1.2x |
| Wed, 06 Dec 2023 | kr6.5b | kr6.2b | kr279.1m | 41.2x | 23.4x | 1.1x |
| Fri, 03 Nov 2023 | kr6.0b | kr6.1b | kr180.7m | 42.8x | 33.3x | 1x |
| Sun, 01 Oct 2023 | kr6.1b | kr5.9b | kr100.6m | 352.5x | 60.2x | 1x |
| Tue, 29 Aug 2023 | kr7.2b | kr6.3b | -kr719,953,085.00 | 551.3x | -10x | 1.1x |
| Thu, 27 Jul 2023 | kr8.5b | kr6.0b | -kr859,146,547.00 | 630.3x | -9.9x | 1.4x |
| Sat, 24 Jun 2023 | kr6.2b | kr6.1b | -kr854,095,000.00 | 686.4x | -7.2x | 1x |
| Mon, 22 May 2023 | kr6.5b | kr6.0b | -kr604,083,025.00 | 36.8x | -10.8x | 1.1x |
| Wed, 19 Apr 2023 | kr5.8b | kr5.6b | -kr753,831,311.00 | 51.3x | -7.7x | 1x |
| Fri, 17 Mar 2023 | kr5.2b | kr5.6b | -kr754,204,306.00 | 47.6x | -6.9x | 0.9x |
| Sun, 12 Feb 2023 | kr6.0b | kr5.3b | -kr510,140,232.00 | 184.9x | -11.7x | 1.1x |
| Tue, 10 Jan 2023 | kr5.6b | kr5.3b | -kr510,532,698.00 | 163.4x | -11.1x | 1.1x |
| Thu, 08 Dec 2022 | kr5.7b | kr5.3b | -kr510,663,870.00 | 172.6x | -11.1x | 1.1x |
| Sat, 05 Nov 2022 | kr5.8b | kr5.0b | -kr434,237,006.00 | 216.8x | -13.3x | 1.1x |
| Mon, 03 Oct 2022 | kr5.1b | kr5.1b | -kr383,545,648.00 | 171.7x | -13.4x | 1x |
| Wed, 31 Aug 2022 | kr5.7b | kr5.0b | -kr255,911,923.00 | 174x | -22.3x | 1.1x |
| Fri, 29 Jul 2022 | kr5.8b | kr4.9b | -kr277,107,701.00 | n/a | -21x | 1.2x |
| Sun, 26 Jun 2022 | kr5.7b | kr4.6b | -kr452,394,710.00 | n/a | -12.7x | 1.2x |
| Tue, 24 May 2022 | kr5.9b | kr4.6b | -kr412,241,562.00 | n/a | -14.3x | 1.3x |
| Thu, 21 Apr 2022 | kr6.8b | kr4.1b | -kr566,763,617.00 | 577.4x | -11.9x | 1.7x |
| Sat, 19 Mar 2022 | kr6.3b | kr4.0b | -kr505,786,265.00 | 421.1x | -12.5x | 1.6x |
| Mon, 14 Feb 2022 | kr6.9b | kr4.0b | -kr527,482,000.00 | n/a | -13.1x | 1.7x |
| Wed, 12 Jan 2022 | kr6.5b | kr3.9b | -kr556,397,734.00 | n/a | -11.6x | 1.7x |
| Fri, 10 Dec 2021 | kr5.9b | kr3.9b | -kr556,720,983.00 | n/a | -10.7x | 1.5x |
| Sun, 07 Nov 2021 | kr6.7b | kr3.8b | -kr600,107,063.00 | n/a | -11.2x | 1.8x |
| Tue, 05 Oct 2021 | kr6.8b | kr3.8b | -kr600,474,032.00 | n/a | -11.3x | 1.8x |
| Thu, 02 Sep 2021 | kr3.0b | kr744.1m | -kr51,387,134.08 | n/a | -59x | 4.1x |
| Sat, 31 Jul 2021 | kr3.1b | kr744.1m | -kr51,387,134.08 | n/a | -60.1x | 4.2x |
Price to Earnings Ratio
-9.5x
Current Industry PE
- Investors are relatively neutral on the Norwegian Hospitality 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 1.4x.
Past Earnings Growth
- Losses for companies in the Hospitality industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 29% 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 and as a result, losses haven't seen much improvement.
Industry Trends
Which industries have driven the changes within the Norwegian Consumer Discretionary industry?
| NO Market | -1.02% | |
| Consumer Discretionary | -0.48% | |
| Hospitality | 0.68% | |
| Hotels, Resorts and Cruise Lines | 12.49% | |
| Leisure Facilities | 1.02% | |
| Restaurants | 0% | |
| Casinos and Gaming | -1.71% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry even though it's trading below its 3-year average PE ratio of 38.6x.
- Analysts are expecting annual earnings growth of 36.2%, which is higher than its past year's earnings decline of 13.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 106% over the next 5 years.
- In contrast, the Leisure Facilities industry is expected to see its earnings grow by 23% 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 | |
| SATS Sats | kr17.84 | 1.0% +kr36.8m | 51.2% | PE15.3x |
