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Norwegian (OSEAX) Real Estate Sector Analysis

UpdatedMay 29, 2024
DataAggregated Company Financials
Companies11
  • 7D-1.4%
  • 3M5.6%
  • 1Y16.2%
  • YTD7.2%

The Real Estate industry has stayed flat over the last week. The past year has been better, since the industry has gained 17% in that time. As for the next few years, earnings are expected to grow by 86% per annum.

Sector Valuation and Performance

Has the Norwegian Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 May 2024kr75.7bkr15.3b-kr8,148,472,455.8136.8x-9.3x4.9x
Fri, 26 Apr 2024kr70.2bkr14.4b-kr7,781,416,137.6032.3x-9x4.9x
Sun, 24 Mar 2024kr71.9bkr14.5b-kr7,039,917,334.2529.7x-10.2x5x
Tue, 20 Feb 2024kr68.8bkr14.7b-kr7,021,644,085.0921.8x-9.8x4.7x
Thu, 18 Jan 2024kr69.2bkr14.8b-kr3,204,019,500.0016x-21.6x4.7x
Sat, 16 Dec 2023kr63.1bkr14.8b-kr3,204,001,478.0014.7x-19.7x4.3x
Mon, 13 Nov 2023kr57.1bkr15.4b-kr2,864,105,573.0013.8x-20x3.7x
Wed, 11 Oct 2023kr58.0bkr15.7b-kr3,225,375,621.0012.2x-18x3.7x
Fri, 08 Sep 2023kr60.2bkr16.4b-kr2,900,763,906.0011.2x-20.7x3.7x
Sun, 06 Aug 2023kr61.3bkr16.2b-kr1,690,407,394.0011.1x-36.2x3.8x
Tue, 04 Jul 2023kr60.8bkr16.1b-kr690,106,214.0011.1x-88.1x3.8x
Thu, 01 Jun 2023kr61.9bkr16.1b-kr690,368,257.0010.5x-89.7x3.8x
Sat, 29 Apr 2023kr64.3bkr16.3bkr1.7b8.4x38.9x3.9x
Mon, 27 Mar 2023kr62.4bkr16.2bkr4.9b8x12.7x3.9x
Wed, 22 Feb 2023kr66.0bkr16.1bkr7.6b7.4x8.6x4.1x
Fri, 20 Jan 2023kr66.3bkr16.6bkr10.7b6.8x6.2x4x
Sun, 18 Dec 2022kr61.0bkr16.6bkr10.7b6.7x5.7x3.7x
Tue, 15 Nov 2022kr64.8bkr15.2bkr10.3b6.8x6.3x4.3x
Thu, 13 Oct 2022kr58.7bkr15.0bkr15.0b5x3.9x3.9x
Sat, 10 Sep 2022kr70.0bkr14.3bkr15.0b6.1x4.7x4.9x
Mon, 08 Aug 2022kr72.2bkr13.4bkr14.1b6.4x5.1x5.4x
Wed, 06 Jul 2022kr69.9bkr13.2bkr15.2b6.4x4.6x5.3x
Fri, 03 Jun 2022kr77.6bkr13.4bkr15.2b6.9x5.1x5.8x
Sun, 01 May 2022kr81.5bkr12.9bkr13.6b8.6x6x6.3x
Tue, 29 Mar 2022kr85.8bkr12.3bkr12.5b8.2x6.9x7x
Thu, 24 Feb 2022kr90.7bkr14.7bkr12.7b8.6x7.2x6.2x
Sat, 22 Jan 2022kr93.9bkr13.8bkr14.0b9.6x6.7x6.8x
Mon, 20 Dec 2021kr94.1bkr13.8bkr14.0b8.5x6.7x6.8x
Wed, 17 Nov 2021kr108.3bkr13.9bkr16.5b8.3x6.6x7.8x
Fri, 15 Oct 2021kr106.4bkr14.0bkr16.2b8.2x6.6x7.6x
Sun, 12 Sep 2021kr95.6bkr13.1bkr13.8b9.1x6.9x7.3x
Tue, 10 Aug 2021kr99.0bkr13.1bkr13.8b8.7x7.2x7.6x
Price to Earnings Ratio

7.1x


Total Market Cap: kr88.9bTotal Earnings: kr12.5bTotal Revenue: kr12.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Real Estate Sector Price to Earnings3Y Average -4.1x202220232024
Current Industry PE
  • Investors are relatively neutral on the Norwegian Real Estate 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 5.2x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 6.4% 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 Real Estate sector?

NO Market0.19%
Real Estate-1.38%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-1.38%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 86% over the next 5 years.
    • This is better than its past earnings decline of 50% per year.
    • In contrast, the Real Estate industry is expected to see its earnings grow by 86% per year over the next few years.

    Top Stock Gainers and Losers

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

    CompanyLast Price7D1YValuation
    EISP Eiendomssparkr390.001.3%
    +kr165.8m
    8.3%PE36.8x
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    7D

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    1Y

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    OLT

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    Olav Thon Eiendomsselskap

    7D

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    1Y

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    AURA

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    Aurora Eiendom

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    1Y

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    PUBLI

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    Public Property Invest

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    1Y

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    ROM

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    RomReal

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    EISP

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    Eiendomsspar

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    1Y

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