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Norwegian (OSEAX) IT Consulting Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies7
  • 7D0.6%
  • 3M-0.3%
  • 1Y-4.7%
  • YTDn/a

The IT Consulting industry has stayed flat over the last week. Unfortunately though, the industry is down 4.7% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024kr26.6bkr44.7bkr1.3b24x20.8x0.6x
Fri, 15 Mar 2024kr26.0bkr44.7bkr1.3b24.3x20.4x0.6x
Sun, 11 Feb 2024kr26.4bkr44.4bkr1.3b18.1x20.4x0.6x
Tue, 09 Jan 2024kr26.1bkr44.8bkr1.3b16.8x19.4x0.6x
Thu, 07 Dec 2023kr24.9bkr44.8bkr1.3b15.7x18.6x0.6x
Sat, 04 Nov 2023kr24.9bkr44.6bkr1.4b16.6x18.2x0.6x
Mon, 02 Oct 2023kr26.9bkr44.9bkr1.4b17.6x19.7x0.6x
Wed, 30 Aug 2023kr27.0bkr44.8bkr1.4b18.3x19.8x0.6x
Fri, 28 Jul 2023kr28.1bkr44.5bkr1.3b19.1x20.9x0.6x
Sun, 25 Jun 2023kr30.8bkr43.2bkr1.4b20.9x22.4x0.7x
Tue, 23 May 2023kr30.5bkr43.1bkr1.4b21.7x22.4x0.7x
Thu, 20 Apr 2023kr27.6bkr40.9bkr1.3b22.1x21.7x0.7x
Sat, 18 Mar 2023kr24.7bkr40.9bkr1.3b19.4x19.5x0.6x
Mon, 13 Feb 2023kr25.3bkr40.7bkr1.2b20.4x20.5x0.6x
Wed, 11 Jan 2023kr24.8bkr51.7bkr1.2b20.1x20.2x0.5x
Fri, 09 Dec 2022kr24.4bkr51.7bkr1.2b19.3x19.8x0.5x
Sun, 06 Nov 2022kr24.2bkr51.4bkr1.2b18.5x20.3x0.5x
Tue, 04 Oct 2022kr22.1bkr49.8bkr1.2b18.6x18.7x0.4x
Thu, 01 Sep 2022kr24.0bkr49.8bkr1.2b20.7x20.2x0.5x
Sat, 30 Jul 2022kr25.3bkr49.5bkr1.2b21.1x21.4x0.5x
Mon, 27 Jun 2022kr22.7bkr48.6bkr1.1b21x20.6x0.5x
Wed, 25 May 2022kr24.1bkr48.6bkr1.1b21.8x21.6x0.5x
Fri, 22 Apr 2022kr27.0bkr48.5bkr1.1b21.2x24.8x0.6x
Sun, 20 Mar 2022kr28.1bkr48.4bkr1.1b20.5x24.9x0.6x
Tue, 15 Feb 2022kr28.1bkr48.2bkr1.1b23.4x26.3x0.6x
Thu, 13 Jan 2022kr32.7bkr48.0bkr1.0b26.8x31.2x0.7x
Sat, 11 Dec 2021kr32.9bkr47.4bkr1.2b27.3x28.2x0.7x
Mon, 08 Nov 2021kr32.4bkr47.2bkr1.2b28.4x27.1x0.7x
Wed, 06 Oct 2021kr31.6bkr46.8bkr1.2b25.2x27.1x0.7x
Fri, 03 Sep 2021kr33.2bkr46.8bkr1.2b26.8x28.5x0.7x
Sun, 01 Aug 2021kr32.7bkr46.8bkr1.2b25.6x28.1x0.7x
Wed, 05 May 2021kr28.4bkr44.2bkr1.0b24.2x27.2x0.6x
Price to Earnings Ratio

27.2x


Total Market Cap: kr28.4bTotal Earnings: kr1.0bTotal Revenue: kr44.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian IT Consulting Industry Price to Earnings3Y Average 22.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Norwegian IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 22.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 6.9% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Norwegian IT Consulting compare with similar industries?

NO Market0.72%
Tech-1.93%
IT0.64%
IT Consulting0.64%
Internet Services and Infrastructure0%
Data Processing Services0%
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 Bouvetkr61.401.7%
+kr100.5m
-8.9%PE19.5x
CYVIZ Cyvizkr32.803.1%
+kr12.9m
-8.6%PE114.4x
ARR Arribatec Groupkr4.221.4%
+kr4.2m
25.6%PS0.5x
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Latest News

BOUV

kr61.40

Bouvet

7D

1.7%

1Y

-8.9%

ATEA

kr131.40

Atea

7D

-1.2%

1Y

-0.5%

ECIT

kr6.74

ECIT

7D

-3.2%

1Y

-7.4%

WSTEP

kr20.60

Webstep

7D

-1.0%

1Y

-34.6%

ARR

kr4.22

Arribatec Group

7D

1.4%

1Y

25.6%

CYVIZ

kr32.80

Cyviz

7D

3.1%

1Y

-8.6%