Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Nov 17
Have your own idea? Try our Stock Screener
Norwegian (OSEAX) Electronic Equipment and Instruments Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
- 7D0.7%
- 3M8.0%
- 1Y57.4%
- YTDn/a
In the last week, the Electronic Equipment and Instruments industry is flat overall, with Xplora Technologies standing out by going down 3.9%. The past year has been better, since the industry has gained 54% in that time. Earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Norwegian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | NOK 9.1b | NOK 4.2b | -NOK 53,340,272.04 | 308.3x | -170.5x | 2.2x |
| Sat, 19 Oct 2024 | NOK 8.6b | NOK 4.0b | -NOK 94,107,251.96 | 34.4x | -91.7x | 2.1x |
| Mon, 16 Sep 2024 | NOK 8.4b | NOK 4.0b | -NOK 104,820,681.78 | 34.7x | -80.2x | 2.1x |
| Wed, 14 Aug 2024 | NOK 7.7b | NOK 4.0b | -NOK 149,743,078.25 | 31.7x | -51.4x | 1.9x |
| Fri, 12 Jul 2024 | NOK 7.8b | NOK 4.0b | -NOK 129,490,736.00 | 32.4x | -60.4x | 1.9x |
| Sun, 09 Jun 2024 | NOK 6.5b | NOK 4.0b | -NOK 129,443,374.00 | 24.6x | -50.3x | 1.6x |
| Tue, 07 May 2024 | NOK 7.2b | NOK 4.0b | -NOK 120,420,818.28 | 24.3x | -59.6x | 1.8x |
| Thu, 04 Apr 2024 | NOK 7.0b | NOK 4.0b | -NOK 110,588,688.60 | 22.9x | -63.7x | 1.8x |
| Sat, 02 Mar 2024 | NOK 6.7b | NOK 4.0b | -NOK 109,297,913.52 | 21.6x | -61.7x | 1.7x |
| Mon, 29 Jan 2024 | NOK 7.7b | NOK 5.1b | -NOK 129,660,182.00 | 60.7x | -59.7x | 1.5x |
| Wed, 27 Dec 2023 | NOK 7.1b | NOK 5.1b | -NOK 127,958,153.00 | 48.2x | -55.6x | 1.4x |
| Fri, 24 Nov 2023 | NOK 7.0b | NOK 5.1b | -NOK 132,428,237.00 | 48.7x | -52.6x | 1.4x |
| Sun, 22 Oct 2023 | NOK 7.3b | NOK 5.0b | -NOK 130,500,953.00 | 25x | -56.1x | 1.5x |
| Tue, 19 Sep 2023 | NOK 7.3b | NOK 5.2b | -NOK 172,076,793.00 | 26.3x | -42.7x | 1.4x |
| Thu, 17 Aug 2023 | NOK 7.2b | NOK 5.0b | -NOK 156,766,751.00 | 26.5x | -45.8x | 1.4x |
| Sat, 15 Jul 2023 | NOK 6.8b | NOK 4.8b | -NOK 200,794,413.00 | 27.9x | -33.9x | 1.4x |
| Mon, 12 Jun 2023 | NOK 7.0b | NOK 4.8b | -NOK 183,495,535.00 | 30.8x | -38.1x | 1.5x |
| Wed, 10 May 2023 | NOK 6.2b | NOK 4.6b | -NOK 220,596,415.00 | 30.8x | -28.2x | 1.4x |
| Fri, 07 Apr 2023 | NOK 6.0b | NOK 4.5b | -NOK 237,636,365.00 | 39x | -25.4x | 1.3x |
| Sun, 05 Mar 2023 | NOK 5.8b | NOK 4.4b | -NOK 256,218,598.00 | 40.2x | -22.7x | 1.3x |
| Tue, 31 Jan 2023 | NOK 5.4b | NOK 4.1b | -NOK 227,568,836.00 | 23.9x | -23.8x | 1.3x |
| Thu, 29 Dec 2022 | NOK 5.3b | NOK 4.1b | -NOK 227,138,544.00 | 21.9x | -23.4x | 1.3x |
| Sat, 26 Nov 2022 | NOK 6.0b | NOK 4.1b | -NOK 226,996,273.00 | 22.1x | -26.6x | 1.5x |
| Mon, 24 Oct 2022 | NOK 5.5b | NOK 3.9b | -NOK 216,712,102.00 | 18.2x | -25.4x | 1.4x |
| Wed, 21 Sep 2022 | NOK 5.7b | NOK 3.8b | -NOK 224,126,238.00 | 18.7x | -25.4x | 1.5x |
| Fri, 19 Aug 2022 | NOK 6.2b | NOK 3.8b | -NOK 195,061,138.00 | 21.4x | -31.8x | 1.6x |
| Sun, 17 Jul 2022 | NOK 5.8b | NOK 3.7b | -NOK 189,765,965.00 | 25.6x | -30.8x | 1.6x |
| Tue, 14 Jun 2022 | NOK 5.4b | NOK 3.7b | -NOK 165,538,847.00 | 24.5x | -32.4x | 1.5x |
| Thu, 12 May 2022 | NOK 5.8b | NOK 3.6b | -NOK 180,797,661.00 | 28.8x | -32.2x | 1.6x |
| Sat, 09 Apr 2022 | NOK 6.9b | NOK 3.4b | -NOK 168,940,295.00 | 33.6x | -41x | 2x |
| Mon, 07 Mar 2022 | NOK 6.9b | NOK 3.4b | -NOK 176,054,000.00 | 34.7x | -39.1x | 2x |
| Wed, 02 Feb 2022 | NOK 7.6b | NOK 3.5b | -NOK 184,920,521.00 | 35.7x | -41.1x | 2.2x |
| Fri, 31 Dec 2021 | NOK 8.8b | NOK 3.5b | -NOK 184,920,521.00 | 38.2x | -47.6x | 2.5x |
| Sun, 28 Nov 2021 | NOK 8.2b | NOK 3.5b | -NOK 171,308,521.00 | 37.5x | -47.9x | 2.4x |
Price to Earnings Ratio
-47.9x
Current Industry PE
- Investors are optimistic on the Norwegian Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have improved over the last three years.
- Revenues for these companies have grown 6.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Norwegian Electronic Equipment and Instruments compare with similar industries?
| NO Market | 3.06% | |
| Tech | -2.49% | |
| Electronic Equipment and Components | -0.047% | |
| Electronic Equipment and Instruments | 0.71% | |
| Technology Distributors | 0% | |
| Electronic Manufacturing Services | -0.27% | |
| Electronic Components | -8.37% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NORBT Norbit | NOK 96.00 | 2.1% +NOK 127.5m | 89.7% | PE33.9x |