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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies7
  • 7D-2.1%
  • 3M22.3%
  • 1Y77.0%
  • YTD17.9%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.1%, driven by Norbit declining 3.2%. Meanwhile, NEXT Biometrics Group actually outperformed within the industry, gaining 52% in the last week. This takes the industry's 12 month performance to a gain of 77%. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026NOK 38.2bNOK 14.0bNOK 557.4m37.1x68.5x2.7x
Mon, 16 Feb 2026NOK 37.5bNOK 13.3bNOK 148.8m57.2x251.9x2.8x
Wed, 14 Jan 2026NOK 33.0bNOK 13.4bNOK 115.8m45.1x284.9x2.5x
Fri, 12 Dec 2025NOK 31.0bNOK 13.5bNOK 119.2m39.6x259.7x2.3x
Sun, 09 Nov 2025NOK 30.6bNOK 13.0bNOK 84.2m37.3x363x2.3x
Tue, 07 Oct 2025NOK 27.9bNOK 12.7bNOK 66.7m34.2x418.2x2.2x
Thu, 04 Sep 2025NOK 28.2bNOK 12.7bNOK 65.1m34x432.6x2.2x
Sat, 02 Aug 2025NOK 29.5bNOK 12.4bNOK 193.9m39.5x152.2x2.4x
Mon, 30 Jun 2025NOK 29.3bNOK 12.2bNOK 182.0m39.5x160.8x2.4x
Wed, 28 May 2025NOK 27.2bNOK 12.0bNOK 198.0m37.3x137.5x2.3x
Fri, 25 Apr 2025NOK 21.9bNOK 12.0bNOK 75.5m33.2x290x1.8x
Sun, 23 Mar 2025NOK 20.3bNOK 11.8bNOK 65.0m30.7x311.5x1.7x
Tue, 18 Feb 2025NOK 18.1bNOK 11.9b-NOK 36,426,132.2029.3x-497x1.5x
Thu, 16 Jan 2025NOK 16.7bNOK 12.2bNOK 84.8m33.1x197.2x1.4x
Sat, 14 Dec 2024NOK 16.6bNOK 12.2bNOK 90.7m34x183.5x1.4x
Mon, 11 Nov 2024NOK 15.7bNOK 12.2bNOK 83.9m35.5x186.6x1.3x
Wed, 09 Oct 2024NOK 14.8bNOK 12.5bNOK 1.3m23x11490.1x1.2x
Fri, 06 Sep 2024NOK 15.3bNOK 12.5bNOK 5.7m23.8x2693x1.2x
Sun, 04 Aug 2024NOK 15.3bNOK 12.6b-NOK 46,441,492.8722.5x-330.4x1.2x
Tue, 02 Jul 2024NOK 14.5bNOK 12.7bNOK 23.4m20.9x619.9x1.1x
Thu, 30 May 2024NOK 13.6bNOK 12.8bNOK 30.1m18.3x453.9x1.1x
Sat, 27 Apr 2024NOK 13.1bNOK 13.2bNOK 94.6m15.9x139x1x
Mon, 25 Mar 2024NOK 14.5bNOK 13.1bNOK 111.2m16.7x130x1.1x
Wed, 21 Feb 2024NOK 14.9bNOK 12.8bNOK 62.0m16.4x239.9x1.2x
Fri, 19 Jan 2024NOK 15.9bNOK 13.0bNOK 21.3m18.4x744.3x1.2x
Sun, 17 Dec 2023NOK 15.4bNOK 13.0bNOK 21.8m17.4x705.7x1.2x
Tue, 14 Nov 2023NOK 14.4bNOK 13.2bNOK 9.6m20.1x1495.7x1.1x
Thu, 12 Oct 2023NOK 15.0bNOK 12.5b-NOK 31,516,854.0017x-476.5x1.2x
Sat, 09 Sep 2023NOK 16.4bNOK 12.7b-NOK 72,100,232.0021.8x-227.7x1.3x
Mon, 07 Aug 2023NOK 16.5bNOK 12.2b-NOK 90,999,658.0023.8x-181.2x1.4x
Wed, 05 Jul 2023NOK 17.1bNOK 12.0b-NOK 194,638,132.0025.8x-87.7x1.4x
Fri, 02 Jun 2023NOK 17.8bNOK 12.2b-NOK 195,677,398.0026.7x-90.9x1.5x
Sun, 30 Apr 2023NOK 16.0bNOK 11.1b-NOK 360,740,278.0030.8x-44.2x1.4x
Tue, 28 Mar 2023NOK 14.6bNOK 11.0b-NOK 352,453,953.0030.9x-41.5x1.3x
Price to Earnings Ratio

-41.5x


Total Market Cap: NOK 14.6bTotal Earnings: -NOK 352,453,953.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -531.1x202420252026
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 68.5x which is higher than its 3-year average PE of -531x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.7x.
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 8.3% 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 Market1.87%
Tech-1.70%
Electronic Equipment and Components-2.07%
Electronic Manufacturing Services-0.93%
Electronic Equipment and Instruments-2.36%
Electronic Components-11.32%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 23.4%, which is lower than the prior year's growth of 66.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 26% over the next 5 years.
  • However this is lower than its past earnings growth rate of 56% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 23% 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
NEXT NEXT Biometrics GroupNOK 0.5952.1%
+NOK 24.2m		-89.3%PS5.3x
XPLRA Xplora TechnologiesNOK 51.800.4%
+NOK 9.0m		87.0%PS1.2x
STRO StrongPointNOK 10.101.0%
+NOK 4.5m		1.0%PS0.3x

Latest News

XPLRA
NOK 51.80
Xplora Technologies
7D
0.4%
1Y
87.0%
NEXT
NOK 0.59
NEXT Biometrics Group
7D
52.1%
1Y
-89.3%
NORBT
NOK 195.60
Norbit
7D
-3.2%
1Y
56.0%

NORBT: Defence Contracts And Dividend Policy Will Guide A Measured Future Repricing

Analysts have kept their fair value estimate for Norbit broadly unchanged at NOK 214, and have introduced a new Street price target of NOK 220. This reflects their view that the company’s growth and margin profile support a slightly higher valuation anchor for investors.
KIT
NOK 95.80
Kitron
7D
-0.9%
1Y
107.9%

KIT: Defence Orders And Energy Demand Will Support Steady Earnings And Dividend

Analysts have kept their NOK 101.50 price target for Kitron broadly unchanged, with only small adjustments to inputs such as the discount rate and assumed future P/E. This reflects fine tuning of their valuation rather than a shift in overall conviction.
IDEX
NOK 10.28
IDEX Biometrics
7D
-16.4%
1Y
60.7%
PLT
NOK 5.47
poLight
7D
-7.9%
1Y
71.5%
STRO
NOK 10.10
StrongPoint
7D
1.0%
1Y
1.0%