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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
- 7D-0.05%
- 3M-5.8%
- 1Y-4.3%
- YTD-12.7%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.8%, driven by Kitron declining 3.4%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Norwegian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | NOK 15.5b | NOK 12.2b | NOK 90.9m | 33.9x | 170.8x | 1.3x |
| Sat, 19 Oct 2024 | NOK 15.2b | NOK 12.6b | NOK 11.6m | 23.5x | 1315.1x | 1.2x |
| Mon, 16 Sep 2024 | NOK 15.7b | NOK 12.5b | NOK 4.9m | 24.5x | 3219.9x | 1.3x |
| Wed, 14 Aug 2024 | NOK 15.5b | NOK 12.5b | -NOK 45,714,838.09 | 23.4x | -339.7x | 1.2x |
| Fri, 12 Jul 2024 | NOK 16.5b | NOK 12.9b | NOK 30.6m | 23.7x | 538x | 1.3x |
| Sun, 09 Jun 2024 | NOK 13.9b | NOK 12.8b | NOK 27.5m | 18.7x | 506.8x | 1.1x |
| Tue, 07 May 2024 | NOK 13.7b | NOK 12.9b | NOK 22.5m | 17.8x | 610.2x | 1.1x |
| Thu, 04 Apr 2024 | NOK 14.4b | NOK 13.1b | NOK 112.1m | 16.8x | 128.2x | 1.1x |
| Sat, 02 Mar 2024 | NOK 15.0b | NOK 12.9b | NOK 107.6m | 17x | 139x | 1.2x |
| Mon, 29 Jan 2024 | NOK 15.9b | NOK 12.9b | NOK 19.1m | 19.2x | 829x | 1.2x |
| Wed, 27 Dec 2023 | NOK 15.7b | NOK 12.8b | NOK 23.4m | 18x | 667.9x | 1.2x |
| Fri, 24 Nov 2023 | NOK 15.2b | NOK 13.2b | NOK 26.3m | 17.5x | 579.2x | 1.2x |
| Sun, 22 Oct 2023 | NOK 15.1b | NOK 12.7b | -NOK 31,043,776.00 | 19.8x | -486.3x | 1.2x |
| Tue, 19 Sep 2023 | NOK 16.1b | NOK 12.8b | -NOK 71,992,775.00 | 20.9x | -224x | 1.3x |
| Thu, 17 Aug 2023 | NOK 16.9b | NOK 12.5b | -NOK 47,709,201.00 | 20.9x | -355.2x | 1.4x |
| Sat, 15 Jul 2023 | NOK 16.1b | NOK 12.2b | -NOK 104,553,441.00 | 21.9x | -154.4x | 1.3x |
| Mon, 12 Jun 2023 | NOK 17.5b | NOK 12.0b | -NOK 194,614,550.00 | 27.1x | -89.7x | 1.5x |
| Wed, 10 May 2023 | NOK 16.6b | NOK 11.8b | -NOK 239,153,158.00 | 28.5x | -69.6x | 1.4x |
| Fri, 07 Apr 2023 | NOK 15.5b | NOK 11.0b | -NOK 349,687,283.00 | 32.4x | -44.4x | 1.4x |
| Sun, 05 Mar 2023 | NOK 15.4b | NOK 11.0b | -NOK 366,880,075.00 | 32.2x | -41.9x | 1.4x |
| Tue, 31 Jan 2023 | NOK 13.2b | NOK 9.8b | -NOK 425,841,776.00 | 23.7x | -31x | 1.4x |
| Thu, 29 Dec 2022 | NOK 12.8b | NOK 9.8b | -NOK 423,594,120.00 | 22.8x | -30.3x | 1.3x |
| Sat, 26 Nov 2022 | NOK 13.1b | NOK 9.8b | -NOK 415,987,956.00 | 21.5x | -31.6x | 1.3x |
| Mon, 24 Oct 2022 | NOK 11.2b | NOK 8.7b | -NOK 469,849,469.00 | 20.5x | -23.9x | 1.3x |
| Wed, 21 Sep 2022 | NOK 11.2b | NOK 8.7b | -NOK 468,083,703.00 | 20.3x | -24x | 1.3x |
| Fri, 19 Aug 2022 | NOK 12.3b | NOK 8.7b | -NOK 415,886,614.00 | 22.3x | -29.7x | 1.4x |
| Sun, 17 Jul 2022 | NOK 11.9b | NOK 8.5b | -NOK 407,415,186.00 | 24x | -29.2x | 1.4x |
| Tue, 14 Jun 2022 | NOK 11.5b | NOK 7.9b | -NOK 392,496,905.00 | 24.2x | -29.4x | 1.5x |
| Thu, 12 May 2022 | NOK 11.9b | NOK 7.8b | -NOK 396,723,993.00 | 25.6x | -30x | 1.5x |
| Sat, 09 Apr 2022 | NOK 14.2b | NOK 7.2b | -NOK 353,298,923.00 | 29.5x | -40.1x | 2x |
| Mon, 07 Mar 2022 | NOK 14.2b | NOK 7.2b | -NOK 369,181,811.00 | 30.2x | -38.3x | 2x |
| Wed, 02 Feb 2022 | NOK 16.4b | NOK 7.3b | -NOK 344,309,098.00 | 28.8x | -47.7x | 2.3x |
| Fri, 31 Dec 2021 | NOK 18.6b | NOK 7.3b | -NOK 343,164,940.00 | 29.1x | -54.1x | 2.6x |
| Sun, 28 Nov 2021 | NOK 16.2b | NOK 7.3b | -NOK 337,856,264.00 | 21.3x | -48x | 2.2x |
Price to Earnings Ratio
-48x
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 168x which is higher than its 3-year average PE of 75.7x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.3x.
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 19% 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 | 3.06% | |
| Tech | -2.49% | |
| Electronic Equipment and Components | -0.047% | |
| Electronic Equipment and Instruments | 0.71% | |
| Technology Distributors | 0% | |
| Electronic Manufacturing Services | -0.27% | |
| Electronic Components | -8.37% | |
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 19.0x.
- Analysts are expecting annual earnings growth of 15.4%, which is higher than its past year's earnings decline of 26.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 1.0% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NORBT Norbit | NOK 96.00 | 2.1% +NOK 127.5m | 89.7% | PE33.9x |
