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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedAug 17, 2024
DataAggregated Company Financials
Companies9
- 7D5.4%
- 3M14.5%
- 1Y-5.9%
- YTD-2.3%
The Electronic Equipment and Components industry is up 7.3% in the last week, with Norbit up 17%. In the same time, IDEX Biometrics was down 39%. In the past year, the industry is down 5.6%. Earnings are forecast to grow by 24% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 17 Aug 2024 | NOK 16.0b | NOK 12.5b | -NOK 33,294,671.23 | 24.8x | -482x | 1.3x |
| Mon, 15 Jul 2024 | NOK 16.8b | NOK 12.5b | -NOK 49,576,917.06 | 25.2x | -339.6x | 1.4x |
| Wed, 12 Jun 2024 | NOK 13.9b | NOK 12.8b | NOK 24.3m | 18.9x | 571.2x | 1.1x |
| Fri, 10 May 2024 | NOK 13.5b | NOK 12.9b | NOK 21.0m | 17x | 642x | 1x |
| Sun, 07 Apr 2024 | NOK 14.3b | NOK 13.1b | NOK 112.4m | 16.9x | 127.1x | 1.1x |
| Tue, 05 Mar 2024 | NOK 14.7b | NOK 12.9b | NOK 82.9m | 16.8x | 177.7x | 1.1x |
| Thu, 01 Feb 2024 | NOK 15.6b | NOK 12.9b | NOK 18.0m | 19.4x | 865.2x | 1.2x |
| Sat, 30 Dec 2023 | NOK 16.1b | NOK 12.8b | NOK 24.6m | 18.8x | 655.9x | 1.3x |
| Mon, 27 Nov 2023 | NOK 15.3b | NOK 13.2b | NOK 27.3m | 17.9x | 561.7x | 1.2x |
| Wed, 25 Oct 2023 | NOK 14.7b | NOK 12.7b | -NOK 29,024,222.00 | 19.7x | -507.8x | 1.2x |
| Fri, 22 Sep 2023 | NOK 15.9b | NOK 12.7b | -NOK 73,306,802.00 | 20.2x | -216.6x | 1.2x |
| Sun, 20 Aug 2023 | NOK 16.7b | NOK 12.6b | -NOK 47,381,255.00 | 21.9x | -351.7x | 1.3x |
| Tue, 18 Jul 2023 | NOK 15.7b | NOK 12.2b | -NOK 82,117,892.00 | 21.6x | -191.5x | 1.3x |
| Thu, 15 Jun 2023 | NOK 17.4b | NOK 11.9b | -NOK 195,261,202.00 | 27x | -89x | 1.5x |
| Sat, 13 May 2023 | NOK 17.0b | NOK 11.8b | -NOK 238,358,054.00 | 28.7x | -71.3x | 1.4x |
| Mon, 10 Apr 2023 | NOK 15.5b | NOK 11.0b | -NOK 353,116,364.00 | 32.4x | -44x | 1.4x |
| Wed, 08 Mar 2023 | NOK 15.0b | NOK 11.0b | -NOK 379,046,604.00 | 31.9x | -39.5x | 1.4x |
| Fri, 03 Feb 2023 | NOK 13.1b | NOK 9.8b | -NOK 429,174,897.00 | 23.6x | -30.6x | 1.3x |
| Sun, 01 Jan 2023 | NOK 12.9b | NOK 9.8b | -NOK 418,839,134.00 | 23x | -30.8x | 1.3x |
| Tue, 29 Nov 2022 | NOK 13.0b | NOK 9.8b | -NOK 420,412,898.00 | 21.3x | -30.9x | 1.3x |
| Thu, 27 Oct 2022 | NOK 12.0b | NOK 9.7b | -NOK 391,005,676.00 | 19x | -30.6x | 1.2x |
| Sat, 24 Sep 2022 | NOK 11.0b | NOK 8.7b | -NOK 480,131,555.00 | 20.1x | -22.8x | 1.3x |
| Mon, 22 Aug 2022 | NOK 12.3b | NOK 8.7b | -NOK 423,716,915.00 | 22.2x | -29x | 1.4x |
| Wed, 20 Jul 2022 | NOK 11.9b | NOK 8.5b | -NOK 431,012,524.00 | 24x | -27.6x | 1.4x |
| Fri, 17 Jun 2022 | NOK 11.1b | NOK 7.9b | -NOK 396,980,917.00 | 23.6x | -28.1x | 1.4x |
| Sun, 15 May 2022 | NOK 11.8b | NOK 7.9b | -NOK 389,053,950.00 | 24x | -30.4x | 1.5x |
| Tue, 12 Apr 2022 | NOK 14.2b | NOK 7.2b | -NOK 356,661,529.00 | 29.7x | -39.8x | 2x |
| Thu, 10 Mar 2022 | NOK 14.1b | NOK 7.2b | -NOK 366,243,017.00 | 29.3x | -38.4x | 2x |
| Sat, 05 Feb 2022 | NOK 16.2b | NOK 7.3b | -NOK 342,504,566.00 | 28x | -47.3x | 2.2x |
| Mon, 03 Jan 2022 | NOK 18.6b | NOK 7.3b | -NOK 343,170,541.00 | 29.1x | -54.1x | 2.6x |
| Wed, 01 Dec 2021 | NOK 16.6b | NOK 7.3b | -NOK 338,536,390.00 | 21.5x | -49.1x | 2.3x |
| Fri, 29 Oct 2021 | NOK 15.3b | NOK 7.1b | -NOK 337,103,293.00 | 21.2x | -45.3x | 2.1x |
| Sun, 26 Sep 2021 | NOK 15.8b | NOK 7.4b | -NOK 292,256,776.00 | 21.4x | -54x | 2.1x |
| Tue, 24 Aug 2021 | NOK 16.1b | NOK 7.4b | -NOK 292,338,003.28 | 19.1x | -54.9x | 2.2x |
Price to Earnings Ratio
-54.9x
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 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have improved over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Tech industry?
| NO Market | 1.31% | |
| Tech | 3.31% | |
| Electronic Equipment and Components | 5.35% | |
| Electronic Equipment and Instruments | 11.38% | |
| Electronic Manufacturing Services | 0.81% | |
| Technology Distributors | 0% | |
| Electronic Components | -10.94% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 19.3x.
- Analysts are expecting annual earnings growth of 13.4%, which is higher than its past year's earnings decline of 15.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 100% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| NORBT Norbit | NOK 90.60 | 16.6% +NOK 818.9m | 43.8% | PE34.4x | |
| PLT poLight | NOK 3.94 | 14.5% +NOK 64.8m | -68.6% | PS30.6x | |
| KIT Kitron | NOK 34.84 | 0.8% +NOK 55.9m | -8.7% | PE15.1x | |
| XPLRA Xplora Technologies | NOK 15.50 | 8.0% +NOK 50.8m | 14.4% | PS1x | |
| AIRX Airthings | NOK 2.77 | 2.6% +NOK 13.8m | -8.4% | PS1.4x |