Calculating The Fair Value Of Elop AS (OB:ELOP)
Today we will run through one way of estimating the intrinsic value of Elop AS ( OB:ELOP ) by taking the forecast...
Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies11
- 7D-1.8%
- 3M-3.6%
- 1Y23.2%
- YTD14.5%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.6%, driven by a decline by Airthings of 8.7%. Meanwhile, Zwipe actually outperformed within the industry, gaining 13% in the last week. This takes the industry's 12 month performance to a gain of 23%.
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 |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | kr16.6b | kr7.3b | -kr338,536,390.00 | 21.5x |
| Fri, 29 Oct 2021 | kr15.3b | kr7.1b | -kr337,103,293.00 | 21.2x |
| Sun, 26 Sep 2021 | kr15.8b | kr7.4b | -kr292,256,776.00 | 21.4x |
| Tue, 24 Aug 2021 | kr16.1b | kr7.4b | -kr292,338,003.28 | 19.1x |
| Wed, 30 Jun 2021 | kr16.4b | kr7.4b | -kr292,338,003.28 | 21.6x |
| Sat, 03 Apr 2021 | kr17.8b | kr7.2b | -kr306,311,403.64 | 22.7x |
| Tue, 05 Jan 2021 | kr13.8b | kr7.1b | -kr282,054,870.72 | 15.2x |
| Fri, 09 Oct 2020 | kr8.9b | kr6.3b | -kr366,825,310.87 | 16.9x |
| Thu, 02 Jul 2020 | kr5.9b | kr6.0b | -kr424,193,645.50 | 12.9x |
| Sun, 05 Apr 2020 | kr4.3b | kr6.0b | -kr500,654,775.20 | 17.2x |
| Wed, 08 Jan 2020 | kr5.7b | kr6.0b | -kr437,886,811.48 | 14.9x |
| Tue, 01 Oct 2019 | kr5.4b | kr5.9b | -kr371,792,551.92 | 19x |
| Fri, 05 Jul 2019 | kr5.4b | kr5.7b | -kr418,539,408.56 | 20.6x |
| Mon, 08 Apr 2019 | kr5.6b | kr4.9b | -kr464,440,232.89 | 16.6x |
| Thu, 10 Jan 2019 | kr5.1b | kr4.6b | -kr385,839,914.25 | 15.2x |
PE Ratio
16.4x
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Electronic industry have improved over the last three years, and revenues for these companies have grown 17% per year. This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Electronic Equipment and Components industry?
| Electronic Manufacturing Services | 0% | |
| Electronic Components | -1.71% | |
| Electronic Equipment and Instruments | -2.57% | |
Industry PE: Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 27.0x. This is likely because analysts are expecting annual earnings growth of 62%, which is higher than its past year's earnings growth of 56% per year. Meanwhile, investors are most pessimistic about the Electronic Manufacturing Services industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 15.1x.
Forecasted Growth: Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 62% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Electronic Manufacturing Services industry is expected to see its earnings grow by 28% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| ZWIPE Zwipe | 13.2%+kr91.9m | 59.8% | PS439.9x | |
| IDEX IDEX Biometrics | 1.4%+kr48.5m | 60.8% | PS144.5x | |
| XPLRA Xplora Technologies | 2.9%+kr29.8m | -3.8% | PS2.9x | |
| NEXT NEXT Biometrics Group | 0.9%+kr5.5m | 186.8% | PS13.4x |