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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies11
- 7D1.4%
- 3M13.0%
- 1Y-28.9%
- YTD-35.3%
In the last week, the Electronic Equipment and Components industry is up 1.4%, with IDEX Biometrics leading the way, up 7.4%. In the past year, the industry is down 29%. As for the next few years, earnings are expected to grow by 43% per annum.
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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | kr12.7b | kr9.8b | -kr419,686,715.00 | 21.4x | -30.2x | 1.3x |
| Tue, 01 Nov 2022 | kr12.5b | kr9.7b | -kr413,627,150.00 | 19.8x | -30.2x | 1.3x |
| Thu, 29 Sep 2022 | kr10.7b | kr8.7b | -kr478,845,305.00 | 19.9x | -22.3x | 1.2x |
| Sat, 27 Aug 2022 | kr12.2b | kr8.7b | -kr441,117,111.00 | 22.4x | -27.6x | 1.4x |
| Mon, 25 Jul 2022 | kr12.2b | kr8.5b | -kr420,785,967.00 | 24.5x | -29.1x | 1.4x |
| Wed, 22 Jun 2022 | kr11.3b | kr7.9b | -kr388,913,399.00 | 23.7x | -29.1x | 1.4x |
| Fri, 20 May 2022 | kr11.9b | kr7.9b | -kr386,042,210.00 | 24.3x | -30.7x | 1.5x |
| Sun, 17 Apr 2022 | kr14.3b | kr7.2b | -kr356,961,719.00 | 29.4x | -40x | 2x |
| Tue, 15 Mar 2022 | kr14.4b | kr7.2b | -kr369,425,626.00 | 30.2x | -39x | 2x |
| Thu, 10 Feb 2022 | kr16.3b | kr7.3b | -kr342,864,234.00 | 28.5x | -47.6x | 2.2x |
| Sat, 08 Jan 2022 | kr18.3b | kr7.3b | -kr344,477,139.00 | 29.7x | -53.2x | 2.5x |
| Mon, 06 Dec 2021 | kr16.7b | kr7.3b | -kr353,961,177.00 | 21.3x | -47x | 2.3x |
| Wed, 03 Nov 2021 | kr15.2b | kr7.2b | -kr320,321,591.00 | 21x | -47.5x | 2.1x |
| Fri, 01 Oct 2021 | kr16.2b | kr7.4b | -kr295,518,541.00 | 20.9x | -54.9x | 2.2x |
| Sun, 29 Aug 2021 | kr16.3b | kr7.4b | -kr292,338,003.28 | 19x | -55.7x | 2.2x |
| Mon, 05 Jul 2021 | kr16.4b | kr7.4b | -kr292,338,003.28 | 21.6x | -56.1x | 2.2x |
| Thu, 08 Apr 2021 | kr17.8b | kr7.2b | -kr306,311,403.64 | 22.7x | -58.1x | 2.5x |
| Sun, 10 Jan 2021 | kr13.8b | kr7.1b | -kr282,054,870.72 | 15.2x | -48.8x | 1.9x |
| Sat, 03 Oct 2020 | kr8.9b | kr6.3b | -kr366,825,310.87 | 16.9x | -24.3x | 1.4x |
| Tue, 07 Jul 2020 | kr5.9b | kr6.0b | -kr424,193,645.50 | 12.9x | -13.9x | 1x |
| Fri, 10 Apr 2020 | kr4.3b | kr6.0b | -kr500,654,775.20 | 17.2x | -8.6x | 0.7x |
| Thu, 02 Jan 2020 | kr5.7b | kr6.0b | -kr437,886,811.48 | 14.9x | -13.1x | 1x |
Price to Earnings Ratio
-13.1x
Current Industry PE
- Investors are pessimistic on the Norwegian Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 18% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Norwegian Tech industry?
| NO Market | -0.70% | |
| Tech | 0.48% | |
| Electronic Equipment and Components | 1.35% | |
| Electronic Components | 7.63% | |
| Electronic Equipment and Instruments | 0.72% | |
| Technology Distributors | 0% | |
| Electronic Manufacturing Services | -1.04% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 18.7x.
- Analysts are expecting annual earnings growth of 22.7%, which is lower than the prior year's growth of 41.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 76% over the next 5 years.
- In contrast, the Electronic Manufacturing Services 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IDEX IDEX Biometrics | kr1.24 | 7.4% +kr96.1m | -64.0% | PS37.2x | |
| PLT poLight | kr21.90 | 7.9% +kr83.1m | -20.1% | PS86.4x | |
| XPLRA Xplora Technologies | kr11.42 | 14.2% +kr59.2m | -60.3% | PS1x | |
| NEXT NEXT Biometrics Group | kr4.53 | 0.9% +kr3.7m | -31.2% | PS8.4x |