With EPS Growth And More, Bouvet (OB:BOUV) Is Interesting
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Norwegian (OSEAX) IT Consulting Industry Analysis
UpdatedJun 24, 2022
DataAggregated Company Financials
Companies7
- 7D3.3%
- 3M-20.8%
- 1Y-29.6%
- YTD-31.1%
All of the companies in the IT Consulting industry have been up over the last week, with the industry up 3.3%. However, the industry is down 30% over the past year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Norwegian IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 25 Jun 2022 | kr22.4b | kr48.6b | kr1.1b | 20.6x |
| Mon, 23 May 2022 | kr24.1b | kr48.6b | kr1.1b | 22.2x |
| Wed, 20 Apr 2022 | kr26.7b | kr48.5b | kr1.1b | 21.5x |
| Fri, 18 Mar 2022 | kr28.2b | kr48.4b | kr1.1b | 21.1x |
| Sun, 13 Feb 2022 | kr28.5b | kr48.2b | kr1.1b | 23.4x |
| Tue, 11 Jan 2022 | kr31.2b | kr48.0b | kr1.0b | 27.3x |
| Thu, 09 Dec 2021 | kr33.0b | kr47.4b | kr1.2b | 27.3x |
| Sat, 06 Nov 2021 | kr32.4b | kr47.2b | kr1.2b | 28.4x |
| Mon, 04 Oct 2021 | kr31.3b | kr46.8b | kr1.2b | 25.1x |
| Wed, 01 Sep 2021 | kr34.3b | kr46.8b | kr1.2b | 27x |
| Thu, 08 Jul 2021 | kr31.8b | kr46.8b | kr1.2b | 25.7x |
| Wed, 31 Mar 2021 | kr26.1b | kr44.2b | kr1.0b | 24.2x |
| Sat, 02 Jan 2021 | kr23.6b | kr43.2b | kr916.5m | 23.7x |
| Tue, 06 Oct 2020 | kr20.4b | kr41.6b | kr832.4m | 22.7x |
| Fri, 10 Jul 2020 | kr16.6b | kr41.2b | kr798.2m | 19.3x |
| Thu, 02 Apr 2020 | kr14.1b | kr40.0b | kr727.1m | 15.8x |
| Sun, 05 Jan 2020 | kr33.7b | kr53.0b | kr1.4b | 22.4x |
| Wed, 09 Oct 2019 | kr29.6b | kr52.9b | kr1.4b | 17.2x |
| Tue, 02 Jul 2019 | kr30.0b | kr52.0b | kr1.4b | 18.5x |
Median PE Ratio
18.5x
Current Industry PE
- Investors are pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 20.3x which is lower than its 3-year average PE of 24.5x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have declined 7.8% per year over the last three years,
- Revenues have also declined 2.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Norwegian IT Consulting compare with similar industries?
| NO Market | -3.42% | |
| Tech | 3.19% | |
| IT | 3.28% | |
| IT Consulting | 3.28% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ATEA Atea | kr100.40 | 3.4% +kr367.5m | -39.9% | PS14.6x | |
| BOUV Bouvet | kr59.30 | 4.4% +kr257.5m | -3.4% | PS21x | |
| WSTEP Webstep | kr31.90 | 3.9% +kr32.9m | 13.5% | PS16.6x | |
| ECIT ECIT | kr6.06 | 0.7% +kr17.9m | -25.6% | PS49.3x |