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Norwegian (OSEAX) IT Consulting Industry Analysis

UpdatedDec 22, 2025
DataAggregated Company Financials
Companies6
  • 7D-1.5%
  • 3M4.7%
  • 1Y5.4%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.5%, driven by declines in Bouvet and Atea of 3.3% and 1.1%, respectively. This takes the industry's 12 month performance to a gain of 5.4%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Dec 2025NOK 26.4bNOK 43.6bNOK 1.2b22.3x21.5x0.6x
Wed, 19 Nov 2025NOK 24.4bNOK 43.6bNOK 1.2b20.5x19.9x0.6x
Fri, 17 Oct 2025NOK 24.8bNOK 43.2bNOK 1.2b19.1x21.2x0.6x
Sun, 14 Sep 2025NOK 24.8bNOK 43.2bNOK 1.2b19.2x21.2x0.6x
Tue, 12 Aug 2025NOK 25.5bNOK 43.2bNOK 1.2b20.5x21.5x0.6x
Thu, 10 Jul 2025NOK 27.7bNOK 42.5bNOK 1.2b21.4x23.7x0.7x
Sat, 07 Jun 2025NOK 26.7bNOK 42.5bNOK 1.2b22.3x22.8x0.6x
Mon, 05 May 2025NOK 26.8bNOK 42.3bNOK 1.1b21.2x23.3x0.6x
Wed, 02 Apr 2025NOK 24.2bNOK 41.4bNOK 1.2b20x20.5x0.6x
Fri, 28 Feb 2025NOK 24.3bNOK 41.4bNOK 1.2b19.3x19.9x0.6x
Sun, 26 Jan 2025NOK 25.3bNOK 40.2bNOK 1.2b20.9x21.9x0.6x
Tue, 24 Dec 2024NOK 24.9bNOK 40.2bNOK 1.2b20.1x21.6x0.6x
Thu, 21 Nov 2024NOK 23.8bNOK 40.2bNOK 1.2b19.3x20.6x0.6x
Sat, 19 Oct 2024NOK 24.6bNOK 39.9bNOK 1.1b20x21.7x0.6x
Mon, 16 Sep 2024NOK 29.9bNOK 43.4bNOK 1.2b21.1x24.3x0.7x
Wed, 14 Aug 2024NOK 28.9bNOK 43.3bNOK 1.2b32.8x23.8x0.7x
Fri, 12 Jul 2024NOK 29.1bNOK 43.8bNOK 1.3b28.1x23x0.7x
Sun, 09 Jun 2024NOK 28.8bNOK 43.8bNOK 1.3b27.3x22.8x0.7x
Tue, 07 May 2024NOK 27.4bNOK 43.6bNOK 1.3b24.5x21.4x0.6x
Thu, 04 Apr 2024NOK 26.2bNOK 44.7bNOK 1.3b24.1x20.5x0.6x
Sat, 02 Mar 2024NOK 26.1bNOK 44.7bNOK 1.3b24.5x20.4x0.6x
Mon, 29 Jan 2024NOK 28.2bNOK 44.8bNOK 1.3b18.6x21x0.6x
Wed, 27 Dec 2023NOK 26.1bNOK 44.8bNOK 1.3b16.4x19.4x0.6x
Fri, 24 Nov 2023NOK 25.5bNOK 44.8bNOK 1.3b16x19x0.6x
Sun, 22 Oct 2023NOK 24.8bNOK 44.6bNOK 1.4b16.3x18.3x0.6x
Tue, 19 Sep 2023NOK 26.9bNOK 44.9bNOK 1.4b17.6x19.7x0.6x
Thu, 17 Aug 2023NOK 28.1bNOK 44.5bNOK 1.3b19.4x20.9x0.6x
Sat, 15 Jul 2023NOK 29.5bNOK 43.2bNOK 1.4b19.4x21.5x0.7x
Mon, 12 Jun 2023NOK 30.9bNOK 43.2bNOK 1.4b21.7x22.5x0.7x
Wed, 10 May 2023NOK 29.2bNOK 42.7bNOK 1.3b20.9x22.3x0.7x
Fri, 07 Apr 2023NOK 27.1bNOK 40.9bNOK 1.3b21.5x21.4x0.7x
Sun, 05 Mar 2023NOK 25.6bNOK 40.8bNOK 1.3b17.6x20.4x0.6x
Tue, 31 Jan 2023NOK 24.2bNOK 51.7bNOK 1.2b19.6x19.7x0.5x
Thu, 29 Dec 2022NOK 24.5bNOK 51.7bNOK 1.2b20x19.9x0.5x
Price to Earnings Ratio

19.9x


Total Market Cap: NOK 24.5bTotal Earnings: NOK 1.2bTotal Revenue: NOK 51.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian IT Consulting Industry Price to Earnings3Y Average 21.3x202320242025
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 21.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 5.6% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Norwegian IT Consulting compare with similar industries?

NO Market0.54%
Tech-1.03%
IT-1.52%
IT Consulting-1.52%
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
ITERA IteraNOK 8.263.3%
+NOK 21.2m		-9.0%PE26.4x
WSTEP WebstepNOK 18.403.4%
+NOK 16.3m		-16.4%PE10.3x
CYVIZ CyvizNOK 37.902.4%
+NOK 11.7m		19.9%PE1267.6x

Latest News

WSTEP
NOK 18.40
Webstep
7D
3.4%
1Y
-16.4%
BOUV
NOK 62.40
Bouvet
7D
-3.3%
1Y
-15.1%
ITERA
NOK 8.26
Itera
7D
3.3%
1Y
-9.0%
ARR
NOK 7.60
Arribatec Group
7D
-6.7%
1Y
123.5%

ARR: Upcoming Stock Split Will Support Future Upside Despite Margin Headwinds

Analysts have modestly adjusted their price target on Arribatec Group upward, citing slightly higher long term valuation multiples despite a small downgrade to projected profit margins. This results in a new target equivalent to approximately NOK 60.00 per share.
CYVIZ
NOK 37.90
Cyviz
7D
2.4%
1Y
19.9%
ATEA
NOK 159.60
Atea
7D
-1.1%
1Y
15.0%