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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 11, 2026
DataAggregated Company Financials
Companies7
  • 7D-2.3%
  • 3M30.1%
  • 1Y103.2%
  • YTD23.5%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.0%, driven by Kitron declining 9.9%. In contrast, IDEX Biometrics has gained 93%. This takes the industry's 12 month performance to a gain of 91%. 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
Wed, 11 Mar 2026NOK 40.0bNOK 14.1bNOK 600.8m38.6x66.6x2.8x
Fri, 06 Feb 2026NOK 34.5bNOK 13.3bNOK 120.9m48.9x285.2x2.6x
Sun, 04 Jan 2026NOK 32.2bNOK 13.5bNOK 118.0m43.2x273.1x2.4x
Tue, 02 Dec 2025NOK 28.7bNOK 13.4bNOK 114.9m34.6x249.4x2.1x
Thu, 30 Oct 2025NOK 33.3bNOK 13.0bNOK 110.3m41.5x301.6x2.6x
Sat, 27 Sep 2025NOK 27.8bNOK 12.7bNOK 66.4m33.7x419.7x2.2x
Mon, 25 Aug 2025NOK 28.4bNOK 12.8bNOK 201.8m34.1x140.5x2.2x
Wed, 23 Jul 2025NOK 30.7bNOK 12.3bNOK 196.4m41.6x156.4x2.5x
Fri, 20 Jun 2025NOK 28.9bNOK 12.0bNOK 175.1m39.8x165.2x2.4x
Sun, 18 May 2025NOK 26.3bNOK 11.9bNOK 119.0m35.4x221.5x2.2x
Tue, 15 Apr 2025NOK 20.6bNOK 12.1bNOK 74.7m30.9x275.8x1.7x
Thu, 13 Mar 2025NOK 18.7bNOK 11.9b-NOK 6,646,954.5327.7x-2818.4x1.6x
Sat, 08 Feb 2025NOK 17.9bNOK 12.2b-NOK 44,660,711.3236.7x-400x1.5x
Mon, 06 Jan 2025NOK 17.4bNOK 12.2bNOK 86.0m34x201.8x1.4x
Wed, 04 Dec 2024NOK 16.4bNOK 12.2bNOK 89.9m34.1x182.2x1.3x
Fri, 01 Nov 2024NOK 16.0bNOK 12.3bNOK 51.4m25.6x310.9x1.3x
Sun, 29 Sep 2024NOK 14.6bNOK 12.5bNOK 6.3m22.5x2316.6x1.2x
Tue, 27 Aug 2024NOK 16.1bNOK 12.5bNOK 6.7m24.7x2392.8x1.3x
Thu, 25 Jul 2024NOK 16.1bNOK 12.7b-NOK 48,554,177.6823.8x-332.2x1.3x
Sat, 22 Jun 2024NOK 14.3bNOK 12.6bNOK 19.9m20.4x721.5x1.1x
Mon, 20 May 2024NOK 13.5bNOK 12.9bNOK 34.7m18.5x390.2x1x
Wed, 17 Apr 2024NOK 14.1bNOK 13.1bNOK 106.0m16.5x133x1.1x
Fri, 15 Mar 2024NOK 14.3bNOK 13.0bNOK 111.2m16.9x128.6x1.1x
Sun, 11 Feb 2024NOK 14.5bNOK 11.8bNOK 37.4m20.7x388.2x1.2x
Tue, 09 Jan 2024NOK 15.9bNOK 12.9bNOK 23.8m18.2x669.8x1.2x
Thu, 07 Dec 2023NOK 15.3bNOK 13.3bNOK 23.0m17.4x664.5x1.2x
Sat, 04 Nov 2023NOK 14.3bNOK 13.2b-NOK 20,554,451.0019.6x-695.4x1.1x
Mon, 02 Oct 2023NOK 15.8bNOK 12.4b-NOK 34,706,099.0018.4x-454.2x1.3x
Wed, 30 Aug 2023NOK 16.1bNOK 12.6b-NOK 69,184,193.0022.4x-232.5x1.3x
Fri, 28 Jul 2023NOK 16.0bNOK 12.2b-NOK 86,124,894.0023.3x-186.2x1.3x
Sun, 25 Jun 2023NOK 16.5bNOK 12.1b-NOK 195,151,618.0025.1x-84.7x1.4x
Tue, 23 May 2023NOK 17.9bNOK 12.0b-NOK 242,020,320.0030.8x-73.9x1.5x
Thu, 20 Apr 2023NOK 15.2bNOK 11.0b-NOK 365,565,560.0032.1x-41.7x1.4x
Sat, 18 Mar 2023NOK 14.5bNOK 11.0b-NOK 324,065,627.0029.9x-44.6x1.3x
Price to Earnings Ratio

-44.6x


Total Market Cap: NOK 14.5bTotal Earnings: -NOK 324,065,627.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -532.1x202420252026
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 67.1x 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 2.9x.
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 8.5% 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 Market0.97%
Tech1.87%
Electronic Equipment and Components-2.31%
Electronic Components22.77%
Electronic Equipment and Instruments2.95%
Electronic Manufacturing Services-7.59%
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
NORBT NorbitNOK 206.003.8%
+NOK 485.6m		95.4%PE32.6x
IDEX IDEX BiometricsNOK 10.6570.2%
+NOK 326.4m		166.9%PS299.7x
PLT poLightNOK 6.326.6%
+NOK 83.0m		126.1%PS65.7x
STRO StrongPointNOK 10.203.0%
+NOK 13.4m		2.4%PS0.3x

Latest News

KIT
NOK 99.80
Kitron
7D
-7.6%
1Y
123.8%

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 10.65
IDEX Biometrics
7D
70.2%
1Y
166.9%
PLT
NOK 6.32
poLight
7D
6.6%
1Y
126.1%
NORBT
NOK 206.00
Norbit
7D
3.8%
1Y
95.4%

NORBT: Defence Contracts And Dividend Policy Will Shape A Measured Forward Outlook

Analysts have raised their Norbit price target from NOK 207.50 to NOK 214.00, citing new coverage and supportive views on the company's earnings profile and valuation assumptions. Analyst Commentary Recent research initiation and the higher price target frame Norbit as a name where analysts see upside potential, but also clear execution checkpoints investors should watch.
XPLRA
NOK 53.00
Xplora Technologies
7D
-1.5%
1Y
100.8%

XPLRA: Subscription Gains And Margin Outlook Will Support Balanced Return Expectations

Analysts have kept their NOK 55.50 price target for Xplora Technologies unchanged. They point to updated assumptions around a slightly higher discount rate, revenue growth of 18.09%, a profit margin of 8.71% and a lower future P/E of 14.32x to support their view.
STRO
NOK 10.20
StrongPoint
7D
3.0%
1Y
2.4%
NEXT
NOK 0.89
NEXT Biometrics Group
7D
-1.3%
1Y
-84.7%