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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.7%
  • 3M19.5%
  • 1Y80.7%
  • YTD19.2%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.7%, driven by Kitron declining 3.3%. In contrast, NEXT Biometrics Group has gained 42%. In the past year, the industry has gained 81%. 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
Tue, 24 Mar 2026NOK 38.6bNOK 14.2bNOK 566.4m37.1x68.2x2.7x
Thu, 19 Feb 2026NOK 40.0bNOK 13.8bNOK 533.8m38.6x75x2.9x
Sat, 17 Jan 2026NOK 34.3bNOK 13.4bNOK 114.2m47.9x300x2.6x
Mon, 15 Dec 2025NOK 30.8bNOK 13.5bNOK 118.7m39.3x259.2x2.3x
Wed, 12 Nov 2025NOK 30.7bNOK 12.9bNOK 85.0m37.7x360.8x2.4x
Fri, 10 Oct 2025NOK 27.7bNOK 12.7bNOK 62.2m33.7x445.4x2.2x
Sun, 07 Sep 2025NOK 28.3bNOK 12.8bNOK 66.7m34.1x424.7x2.2x
Tue, 05 Aug 2025NOK 29.6bNOK 12.4bNOK 193.7m39.6x152.8x2.4x
Thu, 03 Jul 2025NOK 28.8bNOK 12.2bNOK 184.3m38.5x156.3x2.4x
Sat, 31 May 2025NOK 27.3bNOK 12.1bNOK 172.8m37.5x158.1x2.3x
Mon, 28 Apr 2025NOK 21.5bNOK 12.0bNOK 75.0m32.4x286.2x1.8x
Wed, 26 Mar 2025NOK 20.1bNOK 11.7bNOK 64.4m30.4x311.6x1.7x
Fri, 21 Feb 2025NOK 18.8bNOK 11.9b-NOK 42,803,785.3430.1x-439.8x1.6x
Sun, 19 Jan 2025NOK 16.7bNOK 12.3bNOK 86.3m32.8x194x1.4x
Tue, 17 Dec 2024NOK 16.4bNOK 12.2bNOK 91.3m33.3x179.8x1.3x
Thu, 14 Nov 2024NOK 15.5bNOK 12.2bNOK 79.9m35.8x194.5x1.3x
Sat, 12 Oct 2024NOK 15.1bNOK 12.5b-NOK 532,666.2623.8x-28419x1.2x
Mon, 09 Sep 2024NOK 15.2bNOK 12.6bNOK 6.1m23.7x2475x1.2x
Wed, 07 Aug 2024NOK 14.9bNOK 12.6b-NOK 46,281,150.5221.8x-321.2x1.2x
Fri, 05 Jul 2024NOK 15.0bNOK 12.7bNOK 25.4m22.2x590.1x1.2x
Sun, 02 Jun 2024NOK 14.1bNOK 12.7bNOK 30.1m18.8x467.1x1.1x
Tue, 30 Apr 2024NOK 13.3bNOK 13.0bNOK 15.0m16.7x883.7x1x
Thu, 28 Mar 2024NOK 14.7bNOK 13.1bNOK 112.6m16.8x130.4x1.1x
Sat, 24 Feb 2024NOK 15.0bNOK 12.8bNOK 63.5m16.9x236.5x1.2x
Mon, 22 Jan 2024NOK 16.1bNOK 13.0bNOK 22.0m18.4x731x1.2x
Wed, 20 Dec 2023NOK 15.2bNOK 12.9bNOK 22.9m17.6x664.5x1.2x
Fri, 17 Nov 2023NOK 14.7bNOK 13.2bNOK 13.3m18.9x1101.9x1.1x
Sun, 15 Oct 2023NOK 15.2bNOK 12.5b-NOK 35,582,446.0017.7x-428.3x1.2x
Tue, 12 Sep 2023NOK 16.3bNOK 12.7b-NOK 70,703,525.0021.7x-231.1x1.3x
Thu, 10 Aug 2023NOK 16.6bNOK 12.2b-NOK 91,555,348.0024x-181.9x1.4x
Sat, 08 Jul 2023NOK 16.7bNOK 12.1b-NOK 204,336,171.0021.5x-81.6x1.4x
Mon, 05 Jun 2023NOK 17.7bNOK 12.1b-NOK 197,205,816.0026.9x-89.6x1.5x
Wed, 03 May 2023NOK 15.9bNOK 12.0b-NOK 249,644,379.0027.6x-63.6x1.3x
Fri, 31 Mar 2023NOK 15.0bNOK 11.0b-NOK 348,742,461.0031.5x-43.1x1.4x
Price to Earnings Ratio

-43.1x


Total Market Cap: NOK 15.0bTotal Earnings: -NOK 348,742,461.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -530.8x202420252026
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 68.2x 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 8.7% 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-0.49%
Tech-3.60%
Electronic Equipment and Components-3.72%
Electronic Manufacturing Services-3.33%
Electronic Equipment and Instruments-3.50%
Electronic Components-9.44%
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 23.3%, 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 0.5842.2%
+NOK 20.6m		-89.3%PS5.2x
STRO StrongPointNOK 10.252.0%
+NOK 9.0m		0.5%PS0.3x

Latest News

XPLRA
NOK 51.40
Xplora Technologies
7D
-10.8%
1Y
86.9%
NEXT
NOK 0.58
NEXT Biometrics Group
7D
42.2%
1Y
-89.3%
NORBT
NOK 197.60
Norbit
7D
-2.4%
1Y
57.3%

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 97.25
Kitron
7D
-3.3%
1Y
113.1%

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 9.93
IDEX Biometrics
7D
-15.8%
1Y
101.8%
PLT
NOK 5.65
poLight
7D
-5.4%
1Y
76.6%
STRO
NOK 10.25
StrongPoint
7D
2.0%
1Y
0.5%