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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.0%
  • 3M34.3%
  • 1Y91.0%
  • YTD24.2%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.0%, driven by a pullback from Kitron of 4.3%. In contrast, IDEX Biometrics has gained 36%. This takes the industry's 12 month performance to a gain of 91%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026NOK 40.2bNOK 13.7bNOK 538.0m38.9x74.7x2.9x
Mon, 02 Feb 2026NOK 34.7bNOK 13.2bNOK 122.8m50.1x282.7x2.6x
Wed, 31 Dec 2025NOK 32.5bNOK 13.5bNOK 119.6m42.3x272.1x2.4x
Fri, 28 Nov 2025NOK 28.9bNOK 13.4bNOK 117.1m34.5x247.1x2.2x
Sun, 26 Oct 2025NOK 31.9bNOK 13.0bNOK 111.3m39.2x286.2x2.5x
Tue, 23 Sep 2025NOK 29.4bNOK 12.7bNOK 69.1m35.8x425x2.3x
Thu, 21 Aug 2025NOK 27.9bNOK 12.9bNOK 220.5m33.2x126.6x2.2x
Sat, 19 Jul 2025NOK 31.7bNOK 12.3bNOK 194.1m43x163.1x2.6x
Mon, 16 Jun 2025NOK 29.0bNOK 11.9bNOK 174.6m39.9x166.1x2.4x
Wed, 14 May 2025NOK 24.2bNOK 11.7bNOK 63.0m36.1x383.3x2.1x
Fri, 11 Apr 2025NOK 19.9bNOK 12.2bNOK 76.0m29.6x261.9x1.6x
Sun, 09 Mar 2025NOK 19.6bNOK 12.0b-NOK 53,516.3928.8x-366508x1.6x
Tue, 04 Feb 2025NOK 18.2bNOK 12.3bNOK 86.7m37.4x209.9x1.5x
Thu, 02 Jan 2025NOK 16.7bNOK 12.3bNOK 88.5m34.1x189.2x1.4x
Sat, 30 Nov 2024NOK 16.1bNOK 12.2bNOK 91.2m34x177.1x1.3x
Mon, 28 Oct 2024NOK 15.8bNOK 12.2b-NOK 46,601,725.7125.7x-338x1.3x
Wed, 25 Sep 2024NOK 14.5bNOK 12.4bNOK 5.3m22.7x2763.2x1.2x
Fri, 23 Aug 2024NOK 16.1bNOK 12.5b-NOK 18,624,961.1624.8x-862.2x1.3x
Sun, 21 Jul 2024NOK 16.2bNOK 12.6b-NOK 48,235,854.8424x-336.6x1.3x
Tue, 18 Jun 2024NOK 14.2bNOK 12.7bNOK 23.2m19.9x612.7x1.1x
Thu, 16 May 2024NOK 13.5bNOK 12.8bNOK 24.3m16.7x556.2x1.1x
Sat, 13 Apr 2024NOK 14.2bNOK 13.0bNOK 105.3m16.6x134.9x1.1x
Mon, 11 Mar 2024NOK 14.3bNOK 12.9bNOK 111.0m16.7x129.3x1.1x
Wed, 07 Feb 2024NOK 14.4bNOK 11.8bNOK 18.3m20.1x789x1.2x
Fri, 05 Jan 2024NOK 15.9bNOK 12.9bNOK 22.2m18.6x717.6x1.2x
Sun, 03 Dec 2023NOK 15.1bNOK 13.1bNOK 23.5m17.2x643.2x1.2x
Tue, 31 Oct 2023NOK 14.2bNOK 13.2b-NOK 15,864,719.0020.1x-898.1x1.1x
Thu, 28 Sep 2023NOK 15.4bNOK 12.4b-NOK 37,107,143.0018.1x-414.9x1.2x
Sat, 26 Aug 2023NOK 16.2bNOK 12.6b-NOK 71,421,900.0022.7x-227.4x1.3x
Mon, 24 Jul 2023NOK 16.1bNOK 12.2b-NOK 86,385,655.0022.6x-186.1x1.3x
Wed, 21 Jun 2023NOK 17.0bNOK 12.1b-NOK 193,892,994.0026.2x-87.5x1.4x
Fri, 19 May 2023NOK 17.1bNOK 11.9b-NOK 243,320,361.0029.5x-70.4x1.4x
Sun, 16 Apr 2023NOK 15.2bNOK 11.0b-NOK 356,827,682.0031.6x-42.6x1.4x
Tue, 14 Mar 2023NOK 14.4bNOK 11.0b-NOK 319,100,130.0030.1x-45.3x1.3x
Price to Earnings Ratio

-45.3x


Total Market Cap: NOK 14.4bTotal Earnings: -NOK 319,100,130.00Total Revenue: NOK 11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Electronic Equipment and Components Industry Price to Earnings3Y Average -532.5x202420252026
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 74.7x which is higher than its 3-year average PE of -533x.
  • 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 7.6% 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 Market1.13%
Tech-1.48%
Electronic Equipment and Components-3.04%
Electronic Components3.33%
Electronic Equipment and Instruments-1.92%
Electronic Manufacturing Services-4.33%
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 25.2%, 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 25% 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 9.0036.4%
+NOK 156.0m		-4.3%PS239.9x

Latest News

IDEX
NOK 9.00
IDEX Biometrics
7D
36.4%
1Y
-4.3%
PLT
NOK 6.03
poLight
7D
-6.9%
1Y
112.7%
NORBT
NOK 204.50
Norbit
7D
-1.4%
1Y
85.9%

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 55.40
Xplora Technologies
7D
-4.2%
1Y
89.7%

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.
KIT
NOK 101.60
Kitron
7D
-4.3%
1Y
115.1%

KIT: Defence Wins And Energy Demand Will Shape Equity And Dividend Outlook

Analysts have lifted their price target on Kitron from NOK 83.30 to NOK 101.50, citing updates in their fair value work, a slightly adjusted discount rate, a revised revenue growth outlook, an updated P/E assumption and a modestly higher profit margin forecast. What's in the News Kitron ASA proposed a cash dividend of NOK 0.70 per share, with the last day including rights on 24 April 2026, the ex-date on 27 April 2026, the record date on 28 April 2026, and expected payment on or about 15 May 2026, subject to approval on 24 April 2026 (Key Developments).
STRO
NOK 10.10
StrongPoint
7D
-2.4%
1Y
1.0%
NEXT
NOK 0.90
NEXT Biometrics Group
7D
-4.7%
1Y
-85.0%