Vow ASA (OB:VOW) Shares Fly 27% But Investors Aren't Buying For Growth
May 03
Norwegian (OSEAX) Commercial Services Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
- 7D2.9%
- 3M-13.9%
- 1Y-40.2%
- YTD-20.9%
The Commercial Services industry is up 2.9% in the last week, with Aker Horizons up 18%. Meanwhile, Vow actually underperformed within the industry, shrinking 24% in the last week. However, the industry is down 40% over the past year. As for the next few years, earnings are expected to grow by 67% per annum.
Industry Valuation and Performance
Has the Norwegian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr14.2b | kr6.8b | -kr5,383,628,353.00 | n/a | -2.6x | 2.1x |
| Tue, 16 Apr 2024 | kr14.0b | kr6.7b | -kr5,414,804,077.44 | n/a | -2.6x | 2.1x |
| Thu, 14 Mar 2024 | kr14.6b | kr6.0b | -kr7,559,968,348.86 | n/a | -1.9x | 2.4x |
| Sat, 10 Feb 2024 | kr16.9b | kr6.0b | -kr7,330,262,827.83 | 184.8x | -2.3x | 2.8x |
| Mon, 08 Jan 2024 | kr22.6b | kr6.1b | -kr7,821,419,245.00 | 221.3x | -2.9x | 3.7x |
| Wed, 06 Dec 2023 | kr22.0b | kr6.1b | -kr7,846,203,706.00 | 240.4x | -2.8x | 3.6x |
| Fri, 03 Nov 2023 | kr21.5b | kr6.2b | -kr7,791,656,288.00 | 194.5x | -2.8x | 3.5x |
| Sun, 01 Oct 2023 | kr23.7b | kr5.9b | -kr7,783,129,223.00 | 261.6x | -3x | 4x |
| Tue, 29 Aug 2023 | kr23.5b | kr5.9b | -kr7,747,988,643.00 | 234x | -3x | 4x |
| Thu, 27 Jul 2023 | kr27.7b | kr5.8b | -kr7,689,626,318.00 | 131.5x | -3.6x | 4.8x |
| Sat, 24 Jun 2023 | kr27.5b | kr5.1b | -kr3,729,888,954.00 | 93.3x | -7.4x | 5.4x |
| Mon, 22 May 2023 | kr27.3b | kr5.3b | -kr3,912,418,646.00 | 99.7x | -7x | 5.2x |
| Wed, 19 Apr 2023 | kr77.6b | kr17.2b | -kr2,756,305,827.00 | 57.9x | -28.2x | 4.5x |
| Fri, 17 Mar 2023 | kr77.8b | kr17.0b | -kr833,671,562.00 | 63.7x | -93.3x | 4.6x |
| Sun, 12 Feb 2023 | kr84.9b | kr16.3b | -kr114,252,988.00 | 8.9x | -742.7x | 5.2x |
| Tue, 10 Jan 2023 | kr84.7b | kr16.2b | -kr93,390,236.00 | 8.5x | -907.3x | 5.2x |
| Thu, 08 Dec 2022 | kr87.5b | kr16.2b | -kr95,563,973.00 | 8.7x | -915.2x | 5.4x |
| Sat, 05 Nov 2022 | kr78.2b | kr16.1b | -kr57,952,401.00 | 9.1x | -1349.8x | 4.9x |
| Mon, 03 Oct 2022 | kr87.3b | kr15.5b | -kr218,377,804.00 | 52.8x | -399.6x | 5.6x |
| Wed, 31 Aug 2022 | kr107.1b | kr13.1b | kr676.7m | 62.1x | 158.3x | 8.2x |
| Fri, 29 Jul 2022 | kr98.5b | kr13.0b | kr701.0m | 56.6x | 140.5x | 7.6x |
| Sun, 26 Jun 2022 | kr88.1b | kr12.5b | kr743.0m | 44.9x | 118.5x | 7x |
| Tue, 24 May 2022 | kr91.5b | kr12.5b | kr837.4m | 46.7x | 109.2x | 7.3x |
| Thu, 21 Apr 2022 | kr109.0b | kr12.2b | kr1.1b | 206.8x | 100.8x | 9x |
| Sat, 19 Mar 2022 | kr93.0b | kr12.2b | kr1.1b | 199.6x | 83.9x | 7.6x |
| Mon, 14 Feb 2022 | kr87.9b | kr11.9b | kr990.0m | 53x | 88.8x | 7.4x |
| Wed, 12 Jan 2022 | kr113.8b | kr11.5b | kr1.1b | 75.2x | 104.1x | 9.9x |
| Fri, 10 Dec 2021 | kr128.4b | kr11.5b | kr1.1b | 85.5x | 117.1x | 11.1x |
| Sun, 07 Nov 2021 | kr120.1b | kr11.5b | kr774.3m | 366.8x | 155.1x | 10.4x |
| Tue, 05 Oct 2021 | kr100.0b | kr11.2b | kr659.0m | 330.1x | 151.7x | 8.9x |
| Thu, 02 Sep 2021 | kr108.7b | kr11.2b | kr658.6m | 360x | 165x | 9.7x |
| Sat, 31 Jul 2021 | kr102.6b | kr11.2b | kr658.6m | 361.3x | 155.8x | 9.2x |
Price to Earnings Ratio
174.8x
Current Industry PE
- Investors are pessimistic on the Norwegian Commercial Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- Total earnings for the Commercial Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 14% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Norwegian Industrials industry?
| NO Market | -1.02% | |
| Industrials | 0.70% | |
| Commercial Services | 2.92% | |
| Environmental and Facilities Services | 2.92% | |
| Commercial Printing | 0% | |
| Diversified Support Services | 0% | |
| Office Services and Supplies | 0% | |
| Security and Alarm Services | 0% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 67% over the next 5 years.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 67% 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 | |
|---|---|---|---|---|---|
| AKH Aker Horizons | kr3.60 | 18.0% +kr378.3m | -60.4% | PS0.7x | |
| ACC Aker Carbon Capture | kr7.51 | 7.0% +kr296.1m | -38.9% | PS2.4x | |
| PYRUM Pyrum Innovations | kr399.00 | 2.3% +kr29.3m | -10.5% | PS8.7x | |
| PRYME Pryme | kr9.78 | 0.8% +kr4.0m | -26.4% | PB1.2x |