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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedDec 01, 2023
DataAggregated Company Financials
Companies10
  • 7D0.06%
  • 3M-7.8%
  • 1Y14.8%
  • YTD13.4%

Over the last 7 days, the Electronic Equipment and Components industry has risen 3.3%, driven by gains from IDEX Biometrics of 30%. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

Has the Norwegian Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Dec 2023kr15.2bkr13.2bkr26.6m17.1x572.4x1.2x
Sun, 29 Oct 2023kr14.4bkr13.2b-kr18,041,038.0019.6x-800.2x1.1x
Tue, 26 Sep 2023kr15.4bkr12.7b-kr76,520,983.0019.2x-201x1.2x
Thu, 24 Aug 2023kr16.3bkr12.6b-kr60,600,585.0022.6x-269.2x1.3x
Sat, 22 Jul 2023kr16.1bkr12.2b-kr86,573,282.0022.6x-185.7x1.3x
Mon, 19 Jun 2023kr17.2bkr12.0b-kr192,312,748.0027x-89.6x1.4x
Wed, 17 May 2023kr17.1bkr11.9b-kr238,844,136.0029.5x-71.7x1.4x
Fri, 14 Apr 2023kr15.3bkr11.0b-kr344,834,919.0032.2x-44.5x1.4x
Sun, 12 Mar 2023kr14.7bkr11.0b-kr322,032,619.0030.7x-45.7x1.3x
Tue, 07 Feb 2023kr13.1bkr9.8b-kr444,106,483.0023.6x-29.4x1.3x
Thu, 05 Jan 2023kr12.9bkr9.8b-kr431,180,126.0023.3x-29.9x1.3x
Sat, 03 Dec 2022kr12.7bkr9.8b-kr419,686,715.0021.4x-30.2x1.3x
Mon, 31 Oct 2022kr12.4bkr9.7b-kr411,860,826.0019.5x-30.2x1.3x
Wed, 28 Sep 2022kr10.8bkr8.7b-kr479,597,405.0019.6x-22.4x1.2x
Fri, 26 Aug 2022kr12.3bkr8.7b-kr440,062,390.0022.5x-27.8x1.4x
Sun, 24 Jul 2022kr12.2bkr8.5b-kr420,785,967.0024.5x-29.1x1.4x
Tue, 21 Jun 2022kr11.4bkr7.9b-kr391,829,776.0024x-29.2x1.4x
Thu, 19 May 2022kr12.1bkr7.9b-kr390,073,958.0024.7x-31.1x1.5x
Sat, 16 Apr 2022kr14.3bkr7.2b-kr356,981,626.0029.4x-40x2x
Mon, 14 Mar 2022kr14.5bkr7.2b-kr368,947,437.0030.4x-39.2x2x
Wed, 09 Feb 2022kr15.9bkr7.3b-kr343,967,413.0027.3x-46.3x2.2x
Fri, 07 Jan 2022kr18.7bkr7.3b-kr345,724,775.00n/a-54.1x2.6x
Sun, 05 Dec 2021kr16.7bkr7.3b-kr353,961,177.0021.3x-47x2.3x
Tue, 02 Nov 2021kr15.4bkr7.2b-kr316,996,458.0021.3x-48.5x2.1x
Thu, 30 Sep 2021kr16.1bkr7.4b-kr296,077,627.0020.8x-54.3x2.2x
Sat, 28 Aug 2021kr16.3bkr7.4b-kr292,338,003.2819x-55.7x2.2x
Sun, 04 Jul 2021kr16.4bkr7.4b-kr292,338,003.2821.6x-56.1x2.2x
Wed, 07 Apr 2021kr17.8bkr7.2b-kr306,311,403.6422.7x-58.1x2.5x
Sat, 09 Jan 2021kr13.8bkr7.1b-kr282,054,870.7215.2x-48.8x1.9x
Price to Earnings Ratio

-27.8x


Total Market Cap: kr12.2bTotal Earnings: -kr437,555,854.87Total Revenue: kr6.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -72x202120222023
Current Industry PE
  • Investors are optimistic on the Norwegian Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 555x which is higher than its 3-year average PE of -72.0x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • Total earnings for the Electronic industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Tech industry?

NO Market-0.12%
Tech0.16%
Electronic Equipment and Components0.06%
Electronic Components9.77%
Technology Distributors0%
Electronic Equipment and Instruments-0.19%
Electronic Manufacturing Services-2.10%
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 20.3x.
    • Analysts are expecting annual earnings growth of 5.7%, which is lower than the prior year's growth of 103.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 98% over the next 5 years.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 5.7% 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
IDEX IDEX Biometricskr0.5929.9%
+kr191.4m
-48.8%PS16.3x
AIRX Airthingskr3.238.6%
+kr50.4m
-20.9%PS1.7x
NEXT NEXT Biometrics Groupkr6.485.9%
+kr37.4m
45.9%PS21x
ZWIPE Zwipekr0.6514.0%
+kr4.7m
-89.0%PS8.7x
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