Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 15, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.1%
  • 3M27.1%
  • 1Y84.6%
  • YTD20.4%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.1%, driven by Kitron declining 4.8%. On the other hand IDEX Biometrics is actually up 37%. Over the past 12 months, the industry was up 85%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Mar 2026NOK 39.0bNOK 14.1bNOK 598.1m37.6x65.2x2.8x
Tue, 10 Feb 2026NOK 36.3bNOK 13.2bNOK 123.9m52.6x293x2.8x
Thu, 08 Jan 2026NOK 33.5bNOK 13.5bNOK 117.1m44.9x286.2x2.5x
Sat, 06 Dec 2025NOK 29.9bNOK 13.4bNOK 115.3m36.2x259.4x2.2x
Mon, 03 Nov 2025NOK 32.6bNOK 13.0bNOK 83.0m40.9x393.2x2.5x
Wed, 01 Oct 2025NOK 27.7bNOK 12.7bNOK 67.4m33.5x410.6x2.2x
Fri, 29 Aug 2025NOK 28.8bNOK 12.8bNOK 65.8m34.6x436.8x2.2x
Sun, 27 Jul 2025NOK 29.7bNOK 12.4bNOK 197.5m39.6x150.3x2.4x
Tue, 24 Jun 2025NOK 28.6bNOK 12.1bNOK 178.1m38.7x160.6x2.4x
Thu, 22 May 2025NOK 27.4bNOK 11.8bNOK 124.1m37.2x220.4x2.3x
Sat, 19 Apr 2025NOK 21.4bNOK 12.1bNOK 75.7m32.2x282.9x1.8x
Mon, 17 Mar 2025NOK 20.0bNOK 11.9bNOK 66.9m29.8x298.3x1.7x
Wed, 12 Feb 2025NOK 17.6bNOK 12.2b-NOK 44,115,704.3636.6x-400x1.5x
Fri, 10 Jan 2025NOK 16.9bNOK 12.3bNOK 86.3m32.8x195.4x1.4x
Sun, 08 Dec 2024NOK 16.5bNOK 12.3bNOK 93.3m33.3x176.3x1.3x
Tue, 05 Nov 2024NOK 15.7bNOK 12.3bNOK 47.3m25.3x332.5x1.3x
Thu, 03 Oct 2024NOK 14.5bNOK 12.5bNOK 3.9m21.9x3729.9x1.2x
Sat, 31 Aug 2024NOK 16.2bNOK 12.5bNOK 3.1m25.4x5281.8x1.3x
Mon, 29 Jul 2024NOK 15.8bNOK 12.7b-NOK 47,913,553.3123.1x-330.2x1.2x
Wed, 26 Jun 2024NOK 14.1bNOK 12.7bNOK 21.6m19.7x653.4x1.1x
Fri, 24 May 2024NOK 13.9bNOK 12.8bNOK 31.9m18.4x435x1.1x
Sun, 21 Apr 2024NOK 13.7bNOK 13.2bNOK 108.5m16.2x125.9x1x
Tue, 19 Mar 2024NOK 14.5bNOK 13.0bNOK 112.4m16.8x128.6x1.1x
Thu, 15 Feb 2024NOK 15.0bNOK 11.7b-NOK 6,455,873.8217.4x-2317.4x1.3x
Sat, 13 Jan 2024NOK 15.7bNOK 12.9bNOK 22.0m17.6x715.4x1.2x
Mon, 11 Dec 2023NOK 15.7bNOK 13.2bNOK 21.2m18.3x739.4x1.2x
Wed, 08 Nov 2023NOK 14.1bNOK 13.3b-NOK 11,678,533.0020.3x-1209.2x1.1x
Fri, 06 Oct 2023NOK 15.2bNOK 12.6b-NOK 34,940,555.0017.5x-435.9x1.2x
Sun, 03 Sep 2023NOK 16.8bNOK 12.6b-NOK 72,546,701.0022.8x-231.7x1.3x
Tue, 01 Aug 2023NOK 16.3bNOK 12.1b-NOK 90,530,401.0023.1x-179.8x1.3x
Thu, 29 Jun 2023NOK 16.6bNOK 12.1b-NOK 194,383,545.0024.6x-85.3x1.4x
Sat, 27 May 2023NOK 17.8bNOK 12.0b-NOK 236,828,979.0029.6x-75.1x1.5x
Mon, 24 Apr 2023NOK 15.0bNOK 11.0b-NOK 365,708,924.0031.1x-41x1.4x
Wed, 22 Mar 2023NOK 14.5bNOK 11.0b-NOK 354,773,259.0030.3x-40.9x1.3x
Price to Earnings Ratio

-40.9x


Total Market Cap: NOK 14.5bTotal Earnings: -NOK 354,773,259.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -531.7x202420252026
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 65.2x which is higher than its 3-year average PE of -532x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.8x.
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 8.6% 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 Market2.29%
Tech-0.38%
Electronic Equipment and Components-3.13%
Electronic Components10.93%
Electronic Equipment and Instruments-2.45%
Electronic Manufacturing Services-4.82%
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 23.2%, 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
IDEX IDEX BiometricsNOK 12.3036.7%
+NOK 227.2m		196.4%PS341.3x

Latest News

NORBT
NOK 202.00
Norbit
7D
-1.2%
1Y
69.5%

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.
NEXT
NOK 0.39
NEXT Biometrics Group
7D
-56.7%
1Y
-93.4%
XPLRA
NOK 51.60
Xplora Technologies
7D
-6.9%
1Y
74.9%

XPLRA: Subscription Momentum And Margin Assumptions Will Support Balanced Return Outlook

Analysts have maintained their NOK 55.5 price target for Xplora Technologies, citing small adjustments in assumptions for the discount rate, revenue growth, profit margin and future P/E as the main factors behind their updated view. What's in the News Xplora Technologies AS reported 39,000 new subscriptions (gross) in December 2025, based on its latest operating update (company announcement).
KIT
NOK 96.70
Kitron
7D
-4.8%
1Y
109.1%

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 12.30
IDEX Biometrics
7D
36.7%
1Y
196.4%
PLT
NOK 5.94
poLight
7D
-1.5%
1Y
105.9%
STRO
NOK 10.00
StrongPoint
7D
-1.0%
1Y
-1.5%