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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.1%
  • 3M26.3%
  • 1Y84.6%
  • YTD20.4%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.8%, driven by a pullback from Kitron of 9.6%. Meanwhile, IDEX Biometrics actually outperformed within the industry, gaining 62% in the last week. This takes the industry's 12 month performance to a gain of 94%. 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
Sat, 14 Mar 2026NOK 39.0bNOK 14.1bNOK 598.1m37.6x65.2x2.8x
Mon, 09 Feb 2026NOK 35.7bNOK 13.2bNOK 121.6m51.6x293.8x2.7x
Wed, 07 Jan 2026NOK 32.8bNOK 13.4bNOK 117.1m43.9x280.4x2.4x
Fri, 05 Dec 2025NOK 30.0bNOK 13.4bNOK 116.1m36.2x258.6x2.2x
Sun, 02 Nov 2025NOK 32.6bNOK 13.0bNOK 83.0m40.9x393.2x2.5x
Tue, 30 Sep 2025NOK 27.6bNOK 12.7bNOK 67.1m33.3x411.1x2.2x
Thu, 28 Aug 2025NOK 28.8bNOK 12.8bNOK 113.2m34.6x254.9x2.3x
Sat, 26 Jul 2025NOK 29.7bNOK 12.4bNOK 197.5m39.6x150.3x2.4x
Mon, 23 Jun 2025NOK 28.7bNOK 12.1bNOK 176.8m39x162.1x2.4x
Wed, 21 May 2025NOK 26.4bNOK 11.8bNOK 122.8m35.6x215x2.2x
Fri, 18 Apr 2025NOK 21.4bNOK 12.1bNOK 74.7m32.2x286.8x1.8x
Sun, 16 Mar 2025NOK 20.0bNOK 11.9bNOK 66.9m29.8x298.3x1.7x
Tue, 11 Feb 2025NOK 17.9bNOK 12.1b-NOK 45,716,983.8636.7x-391.9x1.5x
Thu, 09 Jan 2025NOK 16.8bNOK 12.3bNOK 87.0m32.9x193.3x1.4x
Sat, 07 Dec 2024NOK 16.5bNOK 12.3bNOK 93.3m33.3x176.3x1.3x
Mon, 04 Nov 2024NOK 15.8bNOK 12.3bNOK 46.6m25.4x339.1x1.3x
Wed, 02 Oct 2024NOK 14.5bNOK 12.5bNOK 3.9m21.9x3729.9x1.2x
Fri, 30 Aug 2024NOK 16.0bNOK 12.4bNOK 2.6m25x6131.2x1.3x
Sun, 28 Jul 2024NOK 15.8bNOK 12.7b-NOK 47,913,553.3123.1x-330.2x1.2x
Tue, 25 Jun 2024NOK 14.2bNOK 12.6bNOK 20.9m19.8x678.9x1.1x
Thu, 23 May 2024NOK 13.5bNOK 12.9bNOK 32.9m18x411.4x1.1x
Sat, 20 Apr 2024NOK 13.9bNOK 13.2bNOK 108.8m16.3x127.5x1.1x
Mon, 18 Mar 2024NOK 14.3bNOK 13.0bNOK 112.5m16.8x127.4x1.1x
Wed, 14 Feb 2024NOK 14.4bNOK 11.8b-NOK 5,984,737.4516.7x-2407.7x1.2x
Fri, 12 Jan 2024NOK 15.6bNOK 12.9bNOK 23.2m17.6x670.5x1.2x
Sun, 10 Dec 2023NOK 15.7bNOK 13.2bNOK 21.2m18.3x739.4x1.2x
Tue, 07 Nov 2023NOK 14.3bNOK 13.2b-NOK 10,790,502.0020.3x-1325.2x1.1x
Thu, 05 Oct 2023NOK 15.7bNOK 12.6b-NOK 35,176,678.0017.3x-445.9x1.2x
Sat, 02 Sep 2023NOK 16.8bNOK 12.6b-NOK 71,731,819.0022.8x-234.8x1.3x
Mon, 31 Jul 2023NOK 16.3bNOK 12.2b-NOK 89,740,309.0023.2x-181.1x1.3x
Wed, 28 Jun 2023NOK 16.5bNOK 12.1b-NOK 192,623,664.0025x-85.4x1.4x
Fri, 26 May 2023NOK 17.5bNOK 12.0b-NOK 234,468,622.0029.7x-74.8x1.5x
Sun, 23 Apr 2023NOK 15.0bNOK 11.0b-NOK 365,708,924.0031.1x-41x1.4x
Tue, 21 Mar 2023NOK 14.2bNOK 11.0b-NOK 359,589,779.0029.6x-39.6x1.3x
Price to Earnings Ratio

-39.6x


Total Market Cap: NOK 14.2bTotal Earnings: -NOK 359,589,779.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -531.8x202420252026
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 64.9x 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 23.3%, 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
IDEX IDEX BiometricsNOK 12.3036.7%
+NOK 227.2m		196.4%PS341.3x

Latest News

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

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.
STRO
NOK 10.00
StrongPoint
7D
-1.0%
1Y
-1.5%