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Norwegian (OSEAX) Communications Equipment Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M13.7%
  • 1Y58.4%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has risen 10%, driven by gains from Smartoptics Group of 25%. This takes the industry's 12 month performance to a gain of 49%. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

Has the Norwegian Communications Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026NOK 10.7bNOK 1.9b-NOK 110,545,983.8752.4x-96.6x5.5x
Sun, 25 Jan 2026NOK 10.3bNOK 1.1b-NOK 246,843,778.0972.4x-41.7x9.6x
Tue, 23 Dec 2025NOK 10.0bNOK 1.1b-NOK 249,569,518.8468.6x-40.1x9.1x
Thu, 20 Nov 2025NOK 8.9bNOK 1.1b-NOK 247,627,221.7262.5x-35.8x8x
Sat, 18 Oct 2025NOK 5.6bNOK 1.0b-NOK 289,383,561.1660.5x-19.2x5.5x
Mon, 15 Sep 2025NOK 5.0bNOK 994.6m-NOK 287,804,470.1266.2x-17.2x5x
Wed, 13 Aug 2025NOK 4.5bNOK 992.1m-NOK 336,372,155.8149.4x-13.4x4.6x
Fri, 11 Jul 2025NOK 4.6bNOK 923.6m-NOK 337,832,142.6649.7x-13.8x5x
Sun, 08 Jun 2025NOK 4.4bNOK 921.7m-NOK 333,747,283.4954.3x-13.2x4.8x
Tue, 06 May 2025NOK 4.0bNOK 907.8m-NOK 305,471,220.8143.9x-13.2x4.5x
Thu, 03 Apr 2025NOK 4.2bNOK 901.5m-NOK 298,501,739.8048.2x-14.2x4.7x
Sat, 01 Mar 2025NOK 4.6bNOK 954.2m-NOK 301,216,539.0248.3x-15.3x4.8x
Mon, 27 Jan 2025NOK 5.0bNOK 944.2m-NOK 296,939,966.9155.7x-16.8x5.3x
Wed, 25 Dec 2024NOK 4.4bNOK 953.5m-NOK 297,161,170.0749x-14.7x4.6x
Fri, 22 Nov 2024NOK 4.4bNOK 967.2m-NOK 277,907,686.7050.9x-15.9x4.6x
Sun, 20 Oct 2024NOK 4.6bNOK 996.8m-NOK 234,999,409.6940.6x-19.8x4.7x
Tue, 17 Sep 2024NOK 5.2bNOK 977.2m-NOK 235,517,021.0943.4x-22.2x5.3x
Thu, 15 Aug 2024NOK 5.5bNOK 1.0b-NOK 164,217,129.4042.3x-33.3x5.3x
Sat, 13 Jul 2024NOK 5.4bNOK 1.1b-NOK 139,400,803.7129.1x-38.9x5.1x
Mon, 10 Jun 2024NOK 5.2bNOK 1.1b-NOK 138,759,937.1728.5x-37.3x4.9x
Wed, 08 May 2024NOK 4.5bNOK 1.1b-NOK 93,923,839.8024.3x-47.7x3.9x
Fri, 05 Apr 2024NOK 4.0bNOK 1.1b-NOK 96,778,353.7421.9x-41.2x3.6x
Sun, 03 Mar 2024NOK 3.7bNOK 1.1b-NOK 97,415,765.2822.6x-37.9x3.3x
Tue, 30 Jan 2024NOK 3.3bNOK 1.2b-NOK 106,348,404.0022.9x-31.2x2.8x
Thu, 28 Dec 2023NOK 3.3bNOK 1.1b-NOK 108,147,931.0025.3x-30.1x2.8x
Sat, 25 Nov 2023NOK 3.0bNOK 1.2b-NOK 107,266,518.0021.3x-27.7x2.5x
Mon, 23 Oct 2023NOK 3.0bNOK 1.3b-NOK 84,090,907.0020x-36x2.4x
Wed, 20 Sep 2023NOK 3.3bNOK 1.2b-NOK 84,834,321.0023.8x-39x2.7x
Fri, 18 Aug 2023NOK 3.8bNOK 1.2b-NOK 61,844,200.0027.7x-61.3x3.1x
Sun, 16 Jul 2023NOK 3.9bNOK 1.2b-NOK 64,761,026.0029.3x-60.3x3.2x
Tue, 13 Jun 2023NOK 3.9bNOK 1.3b-NOK 60,736,395.0026.8x-63.6x3.1x
Thu, 11 May 2023NOK 4.0bNOK 1.3b-NOK 62,316,252.0036.7x-64.7x3.2x
Sat, 08 Apr 2023NOK 4.1bNOK 1.3b-NOK 37,000,149.0037.5x-111.9x3.3x
Mon, 06 Mar 2023NOK 4.4bNOK 1.3b-NOK 34,491,249.0040.2x-128.7x3.5x
Price to Earnings Ratio

-128.7x


Total Market Cap: NOK 4.4bTotal Earnings: -NOK 34,491,249.00Total Revenue: NOK 1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Communications Equipment Industry Price to Earnings3Y Average -37.1x202420252026
Current Industry PE
  • Investors are optimistic on the Norwegian Communications Equipment industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 15% 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 caused losses to expand.

Industry Comparison

How does Norwegian Communications Equipment compare with similar industries?

NO Market0.14%
Tech-0.048%
Communications1.22%
Communications Equipment1.22%
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
SMOP Smartoptics GroupNOK 38.106.7%
+NOK 235.3m		73.2%PE83.6x
NAPA NapatechNOK 32.800.8%
+NOK 27.5m		56.2%PS18x

Latest News

HDLY
NOK 21.00
Huddly
7D
-15.3%
1Y
7.7%
SMOP
NOK 38.10
Smartoptics Group
7D
6.7%
1Y
73.2%

SMOP: Future Margin Strength And DWDM Wins Will Drive Repricing

Analysts have lifted their price target for Smartoptics Group from around NOK 24 to roughly NOK 50, citing updated assumptions for revenue growth, profit margins, the discount rate, and a higher future P/E multiple. What's in the News Teraco, a Digital Realty company in South Africa, has deployed redundant 100G DWDM links between its CT1 and CT2 Cape Town data centers using Smartoptics equipment, aiming to support cloud, content, connectivity and financial ecosystems along a high demand bandwidth corridor (Client announcement).
APR
NOK 67.55
Appear
7D
-1.1%
1Y
n/a
NAPA
NOK 32.80
Napatech
7D
0.8%
1Y
56.2%