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Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies9
- 7D-6.4%
- 3M7.1%
- 1Y-9.9%
- YTD-7.8%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.4%, driven by pullbacks in Kitron and Norbit of 6.0% and 6.6%, respectively. On the other hand Xplora Technologies is actually up 8.0%. However, the industry is down 9.9% over the past year. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | NOK 15.2b | NOK 12.6b | NOK 6.1m | 23.7x | 2475x | 1.2x |
| Tue, 06 Aug 2024 | NOK 14.8b | NOK 12.8b | -NOK 43,104,571.03 | 21.7x | -343.2x | 1.2x |
| Thu, 04 Jul 2024 | NOK 14.7b | NOK 12.7b | NOK 24.2m | 21x | 606.4x | 1.2x |
| Sat, 01 Jun 2024 | NOK 14.1b | NOK 12.7b | NOK 30.1m | 18.8x | 466.7x | 1.1x |
| Mon, 29 Apr 2024 | NOK 13.1b | NOK 13.0b | NOK 14.4m | 16.6x | 915.4x | 1x |
| Wed, 27 Mar 2024 | NOK 14.5b | NOK 13.1b | NOK 112.6m | 16.7x | 129x | 1.1x |
| Fri, 23 Feb 2024 | NOK 15.0b | NOK 12.8b | NOK 63.0m | 16.9x | 238.2x | 1.2x |
| Sun, 21 Jan 2024 | NOK 16.1b | NOK 13.0b | NOK 22.0m | 18.4x | 731x | 1.2x |
| Tue, 19 Dec 2023 | NOK 15.4b | NOK 12.9b | NOK 22.1m | 17.3x | 699x | 1.2x |
| Thu, 16 Nov 2023 | NOK 14.7b | NOK 13.1b | NOK 13.4m | 19x | 1095.4x | 1.1x |
| Sat, 14 Oct 2023 | NOK 15.2b | NOK 12.5b | -NOK 36,129,022.00 | 17.7x | -421.8x | 1.2x |
| Mon, 11 Sep 2023 | NOK 16.4b | NOK 12.7b | -NOK 72,400,326.00 | 21.8x | -226.7x | 1.3x |
| Wed, 09 Aug 2023 | NOK 16.5b | NOK 12.2b | -NOK 92,098,317.00 | 23.7x | -179.2x | 1.3x |
| Fri, 07 Jul 2023 | NOK 16.7b | NOK 12.1b | -NOK 195,678,803.00 | 25.6x | -85.3x | 1.4x |
| Sun, 04 Jun 2023 | NOK 17.7b | NOK 12.1b | -NOK 197,205,816.00 | 26.9x | -89.6x | 1.5x |
| Tue, 02 May 2023 | NOK 16.0b | NOK 11.9b | -NOK 247,864,987.00 | 28.7x | -64.4x | 1.3x |
| Thu, 30 Mar 2023 | NOK 14.8b | NOK 11.0b | -NOK 349,787,465.00 | 31x | -42.3x | 1.3x |
| Sat, 25 Feb 2023 | NOK 14.5b | NOK 11.0b | -NOK 375,173,345.00 | 30x | -38.7x | 1.3x |
| Mon, 23 Jan 2023 | NOK 12.7b | NOK 9.8b | -NOK 422,114,600.00 | 22.8x | -30x | 1.3x |
| Wed, 21 Dec 2022 | NOK 12.7b | NOK 9.8b | -NOK 423,294,721.00 | 22.7x | -30x | 1.3x |
| Fri, 18 Nov 2022 | NOK 12.8b | NOK 9.8b | -NOK 406,696,404.00 | 21x | -31.4x | 1.3x |
| Sun, 16 Oct 2022 | NOK 11.1b | NOK 8.7b | -NOK 473,613,087.00 | 20.3x | -23.4x | 1.3x |
| Tue, 13 Sep 2022 | NOK 11.6b | NOK 8.7b | -NOK 446,563,832.00 | 20.8x | -26x | 1.3x |
| Thu, 11 Aug 2022 | NOK 12.5b | NOK 8.5b | -NOK 403,653,037.00 | 24.9x | -30.9x | 1.5x |
| Sat, 09 Jul 2022 | NOK 11.8b | NOK 7.9b | -NOK 422,271,031.00 | 23.6x | -28x | 1.5x |
| Mon, 06 Jun 2022 | NOK 12.1b | NOK 7.9b | -NOK 374,105,378.00 | 24.8x | -32.3x | 1.5x |
| Wed, 04 May 2022 | NOK 12.9b | NOK 7.8b | -NOK 386,851,742.00 | 27.9x | -33.4x | 1.7x |
| Fri, 01 Apr 2022 | NOK 14.8b | NOK 7.2b | -NOK 361,769,395.00 | 29.5x | -40.8x | 2.1x |
| Sun, 27 Feb 2022 | NOK 14.8b | NOK 7.2b | -NOK 330,865,979.00 | 31x | -44.8x | 2.1x |
| Tue, 25 Jan 2022 | NOK 15.2b | NOK 7.3b | -NOK 349,476,822.00 | 27.2x | -43.5x | 2.1x |
| Thu, 23 Dec 2021 | NOK 17.4b | NOK 7.3b | -NOK 345,097,272.00 | 23.2x | -50.3x | 2.4x |
| Sat, 20 Nov 2021 | NOK 16.3b | NOK 7.2b | -NOK 331,249,296.00 | 21x | -49.3x | 2.3x |
| Mon, 18 Oct 2021 | NOK 15.4b | NOK 7.4b | -NOK 286,557,905.00 | 21.7x | -53.8x | 2.1x |
| Wed, 15 Sep 2021 | NOK 16.5b | NOK 7.4b | -NOK 292,338,003.28 | 20.5x | -56.3x | 2.2x |
Price to Earnings Ratio
-56.3x
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 2kx which is higher than its 3-year average PE of 71.0x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
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 20% 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 Market | -3.77% | |
| Tech | -5.54% | |
| Electronic Equipment and Components | -6.42% | |
| Technology Distributors | 0% | |
| Electronic Equipment and Instruments | -4.71% | |
| Electronic Manufacturing Services | -5.97% | |
| Electronic Components | -28.63% | |
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 13.9%, 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 42% over the next 5 years.
- This is better than its past earnings decline of 2.6% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| XPLRA Xplora Technologies | NOK 16.20 | 8.0% +NOK 53.0m | -5.0% | PS1x |