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Norwegian (OSEAX) Communications Equipment Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies4
  • 7D1.0%
  • 3M8.3%
  • 1Y78.7%
  • YTDn/a

The Communications Equipment is pretty flat in the last 7 days, but Huddly has stood out, gaining 19%. The past year has been better, since the industry has gained 79% in that time. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026NOK 10.8bNOK 2.0b-NOK 88,401,199.2954.6x-122.2x5.5x
Sat, 21 Feb 2026NOK 11.2bNOK 1.9b-NOK 109,257,332.4452.6x-102.1x5.8x
Mon, 19 Jan 2026NOK 10.0bNOK 1.1b-NOK 247,363,407.8669.9x-40.3x9x
Wed, 17 Dec 2025NOK 10.1bNOK 1.1b-NOK 250,407,221.4865.6x-40.2x9.1x
Fri, 14 Nov 2025NOK 9.1bNOK 1.1b-NOK 247,120,260.3366.3x-36.8x8.3x
Sun, 12 Oct 2025NOK 5.7bNOK 1.0b-NOK 289,626,557.9363.3x-19.7x5.6x
Tue, 09 Sep 2025NOK 4.7bNOK 1.0b-NOK 289,900,239.7857.3x-16.3x4.7x
Thu, 07 Aug 2025NOK 4.4bNOK 990.1m-NOK 335,747,019.3749.6x-13.2x4.5x
Sat, 05 Jul 2025NOK 4.6bNOK 925.3m-NOK 339,133,964.6548.9x-13.7x5x
Mon, 02 Jun 2025NOK 4.4bNOK 928.3m-NOK 334,514,661.9656.3x-13.3x4.8x
Wed, 30 Apr 2025NOK 4.1bNOK 907.8m-NOK 306,286,282.0442.1x-13.2x4.5x
Fri, 28 Mar 2025NOK 4.6bNOK 906.6m-NOK 298,640,994.5451.8x-15.3x5x
Sun, 23 Feb 2025NOK 5.1bNOK 980.1m-NOK 267,037,937.3251.4x-19.3x5.3x
Tue, 21 Jan 2025NOK 4.7bNOK 950.9m-NOK 296,795,092.0150.4x-15.8x4.9x
Thu, 19 Dec 2024NOK 4.3bNOK 947.4m-NOK 297,108,767.6850.7x-14.5x4.5x
Sat, 16 Nov 2024NOK 4.6bNOK 970.5m-NOK 278,840,475.4652x-16.7x4.8x
Mon, 14 Oct 2024NOK 5.0bNOK 981.0m-NOK 234,340,463.6341.8x-21.5x5.1x
Wed, 11 Sep 2024NOK 5.2bNOK 992.8m-NOK 235,923,087.1441.2x-22x5.2x
Fri, 09 Aug 2024NOK 5.5bNOK 1.0b-NOK 163,908,956.3341.6x-33.6x5.3x
Sun, 07 Jul 2024NOK 5.6bNOK 1.1b-NOK 139,010,342.9530x-40.3x5.3x
Tue, 04 Jun 2024NOK 5.5bNOK 1.0b-NOK 139,357,975.9430x-39.8x5.3x
Thu, 02 May 2024NOK 5.1bNOK 1.1b-NOK 92,961,443.7322.4x-54.4x4.4x
Sat, 30 Mar 2024NOK 3.9bNOK 1.1b-NOK 96,227,548.1023.2x-40.6x3.4x
Mon, 26 Feb 2024NOK 3.5bNOK 1.1b-NOK 129,290,926.1920.7x-27.1x3.3x
Wed, 24 Jan 2024NOK 3.3bNOK 1.2b-NOK 106,503,273.0023.3x-30.7x2.8x
Fri, 22 Dec 2023NOK 3.0bNOK 1.2b-NOK 107,411,933.0022.1x-28.3x2.6x
Sun, 19 Nov 2023NOK 3.0bNOK 1.2b-NOK 107,117,997.0021.1x-28.3x2.5x
Tue, 17 Oct 2023NOK 3.0bNOK 1.2b-NOK 83,607,132.0019.1x-35.5x2.4x
Thu, 14 Sep 2023NOK 3.3bNOK 1.2b-NOK 85,169,091.0023.3x-38.2x2.7x
Sat, 12 Aug 2023NOK 3.9bNOK 1.2b-NOK 62,546,730.0028.6x-63x3.2x
Mon, 10 Jul 2023NOK 4.0bNOK 1.2b-NOK 62,741,954.0028.7x-63.7x3.2x
Wed, 07 Jun 2023NOK 3.9bNOK 1.3b-NOK 60,313,484.0026.7x-64.8x3.1x
Fri, 05 May 2023NOK 4.1bNOK 1.3b-NOK 63,209,656.0037.6x-64.3x3.1x
Sun, 02 Apr 2023NOK 4.2bNOK 1.3b-NOK 36,359,266.0038.3x-115.8x3.3x
Price to Earnings Ratio

-115.8x


Total Market Cap: NOK 4.2bTotal Earnings: -NOK 36,359,266.00Total Revenue: NOK 1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Communications Equipment Industry Price to Earnings3Y Average -37.8x202420252026
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 4.6x is lower than the industry's current PS ratio of 5.4x.
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 16% 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 Market-0.33%
Tech-4.88%
Communications0.98%
Communications Equipment0.98%
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
HDLY HuddlyNOK 25.4018.1%
+NOK 120.9m		90.3%PS3.7x
NAPA NapatechNOK 33.202.5%
+NOK 88.1m		54.4%PS16.6x
SMOP Smartoptics GroupNOK 42.300.7%
+NOK 29.4m		84.7%PE91.4x

Latest News

APR
NOK 61.03
Appear
7D
-1.6%
1Y
n/a
NAPA
NOK 33.20
Napatech
7D
2.5%
1Y
54.4%
SMOP
NOK 42.30
Smartoptics Group
7D
0.7%
1Y
84.7%

SMOP: Future DWDM Deployments And Margin Resilience Will Drive Repricing

The latest analyst update on Smartoptics Group reflects a small upward tweak in the NOK fair value estimate, with the target moving slightly higher as analysts fine tune assumptions around discount rate, long term revenue growth, profit margins and future P/E multiples. 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.
HDLY
NOK 25.40
Huddly
7D
18.1%
1Y
90.3%