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Norwegian (OSEAX) IT Consulting Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies6
  • 7D-1.4%
  • 3M16.7%
  • 1Y-0.5%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.4%, driven by Atea declining 2.8%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Norwegian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 06 Jul 2025NOK 27.5bNOK 42.5bNOK 1.2b21.8x23.5x0.6x
Tue, 03 Jun 2025NOK 26.3bNOK 42.5bNOK 1.2b21.9x22.5x0.6x
Thu, 01 May 2025NOK 26.0bNOK 42.3bNOK 1.1b21.2x22.6x0.6x
Sat, 29 Mar 2025NOK 24.1bNOK 41.4bNOK 1.2b19.7x20.5x0.6x
Mon, 24 Feb 2025NOK 24.5bNOK 41.4bNOK 1.2b19.5x20.1x0.6x
Wed, 22 Jan 2025NOK 25.4bNOK 40.2bNOK 1.2b21.1x22.1x0.6x
Fri, 20 Dec 2024NOK 24.8bNOK 40.2bNOK 1.2b20.2x21.5x0.6x
Sun, 17 Nov 2024NOK 24.7bNOK 40.2bNOK 1.1b20.1x21.6x0.6x
Tue, 15 Oct 2024NOK 29.3bNOK 43.4bNOK 1.2b20.4x23.7x0.7x
Thu, 12 Sep 2024NOK 29.9bNOK 43.4bNOK 1.2b21.1x24.2x0.7x
Sat, 10 Aug 2024NOK 28.6bNOK 43.3bNOK 1.2b32.7x23.6x0.7x
Mon, 08 Jul 2024NOK 29.3bNOK 43.8bNOK 1.3b28.2x23.1x0.7x
Wed, 05 Jun 2024NOK 28.6bNOK 43.8bNOK 1.3b26.6x22.5x0.7x
Fri, 03 May 2024NOK 27.4bNOK 43.6bNOK 1.3b23.8x21.2x0.6x
Sun, 31 Mar 2024NOK 26.3bNOK 44.7bNOK 1.3b24.3x20.6x0.6x
Tue, 27 Feb 2024NOK 26.1bNOK 44.6bNOK 1.3b25.6x20.5x0.6x
Thu, 25 Jan 2024NOK 28.0bNOK 44.8bNOK 1.3b18.5x20.9x0.6x
Sat, 23 Dec 2023NOK 26.1bNOK 44.8bNOK 1.3b16.4x19.4x0.6x
Mon, 20 Nov 2023NOK 26.0bNOK 44.8bNOK 1.3b16.6x19.3x0.6x
Wed, 18 Oct 2023NOK 26.6bNOK 44.9bNOK 1.4b17.2x19.4x0.6x
Fri, 15 Sep 2023NOK 26.7bNOK 44.9bNOK 1.4b17.4x19.6x0.6x
Sun, 13 Aug 2023NOK 27.8bNOK 44.5bNOK 1.3b19.4x20.7x0.6x
Tue, 11 Jul 2023NOK 29.5bNOK 43.2bNOK 1.4b19.6x21.5x0.7x
Thu, 08 Jun 2023NOK 30.5bNOK 43.2bNOK 1.4b21.1x22.2x0.7x
Sat, 06 May 2023NOK 29.0bNOK 42.7bNOK 1.3b20.9x22.1x0.7x
Mon, 03 Apr 2023NOK 26.7bNOK 40.9bNOK 1.3b21.1x21x0.7x
Wed, 01 Mar 2023NOK 25.2bNOK 40.8bNOK 1.3b17.7x20.1x0.6x
Fri, 27 Jan 2023NOK 24.3bNOK 51.7bNOK 1.2b19.5x19.7x0.5x
Sun, 25 Dec 2022NOK 24.3bNOK 51.7bNOK 1.2b20.1x19.8x0.5x
Tue, 22 Nov 2022NOK 24.9bNOK 51.7bNOK 1.2b18.4x20.2x0.5x
Thu, 20 Oct 2022NOK 22.4bNOK 49.8bNOK 1.2b18.8x18.9x0.4x
Sat, 17 Sep 2022NOK 22.4bNOK 49.8bNOK 1.2b19.4x18.9x0.4x
Mon, 15 Aug 2022NOK 25.7bNOK 49.5bNOK 1.2b21.8x21.7x0.5x
Wed, 13 Jul 2022NOK 23.3bNOK 48.6bNOK 1.1b21.6x21.2x0.5x
Price to Earnings Ratio

21.2x


Total Market Cap: NOK 23.3bTotal Earnings: NOK 1.1bTotal Revenue: NOK 48.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian IT Consulting Industry Price to Earnings3Y Average 21.1x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian IT Consulting and Other Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.5x which is higher than its 3-year average PE of 21.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 2.1% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.4% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Norwegian IT Consulting compare with similar industries?

NO Market1.51%
Tech1.16%
IT-1.42%
IT Consulting-1.42%
Data Processing Services0%0
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?

CompanyLast Price7D1YValuation
BOUV BouvetNOK 79.701.0%
+NOK 82.0m		23.6%PE20.5x
ARR Arribatec GroupNOK 0.5511.2%
+NOK 26.5m		-87.2%PS0.4x

Latest News

ARR
NOK 0.55
Arribatec Group
7D
11.2%
1Y
-87.2%
ATEA
NOK 152.60
Atea
7D
-2.8%
1Y
1.1%

Atea's (OB:ATEA) Dividend Will Be NOK3.50

May 29
Atea's (OB:ATEA) Dividend Will Be NOK3.50
BOUV
NOK 79.70
Bouvet
7D
1.0%
1Y
23.6%

Analysts Have Made A Financial Statement On Bouvet ASA's (OB:BOUV) First-Quarter Report

May 24
Analysts Have Made A Financial Statement On Bouvet ASA's (OB:BOUV) First-Quarter Report
ITERA
NOK 9.30
Itera
7D
-0.2%
1Y
-18.8%

Here's Why It's Unlikely That Itera ASA's (OB:ITERA) CEO Will See A Pay Rise This Year

May 21
Here's Why It's Unlikely That Itera ASA's (OB:ITERA) CEO Will See A Pay Rise This Year
CYVIZ
NOK 33.80
Cyviz
7D
-2.0%
1Y
5.6%