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Norwegian (OSEAX) IT Consulting Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.7%
  • 3M-2.8%
  • 1Y8.8%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has remained flat, although notably Cyviz gained 5.6%. The past year has been better, since the industry has gained 13% in that time. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 26 Nov 2022NOK 24.9bNOK 51.7bNOK 1.2b18.6x20.3x0.5x
Mon, 24 Oct 2022NOK 22.9bNOK 51.4bNOK 1.2b18.6x19.2x0.4x
Wed, 21 Sep 2022NOK 22.6bNOK 49.8bNOK 1.2b20x19.1x0.5x
Fri, 19 Aug 2022NOK 25.0bNOK 49.6bNOK 1.2b21.7x21.2x0.5x
Sun, 17 Jul 2022NOK 23.7bNOK 49.5bNOK 1.2b21.6x20.1x0.5x
Tue, 14 Jun 2022NOK 22.6bNOK 48.6bNOK 1.1b20.4x20.6x0.5x
Thu, 12 May 2022NOK 23.8bNOK 48.3bNOK 1.1b21.7x21.8x0.5x
Sat, 09 Apr 2022NOK 27.1bNOK 48.5bNOK 1.1b20.8x24.9x0.6x
Mon, 07 Mar 2022NOK 27.1bNOK 48.4bNOK 1.1b21.8x24.1x0.6x
Wed, 02 Feb 2022NOK 30.9bNOK 48.0bNOK 1.0b25.2x29.5x0.6x
Fri, 31 Dec 2021NOK 33.6bNOK 47.4bNOK 1.2b27.4x28.9x0.7x
Sun, 28 Nov 2021NOK 33.1bNOK 47.4bNOK 1.2b28.5x28.4x0.7x
Price to Earnings Ratio

28.4x


Total Market Cap: NOK 33.1bTotal Earnings: NOK 1.2bTotal Revenue: NOK 47.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian IT Consulting Industry Price to Earnings3Y Average 21.9x202220232024
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 21.9x.
  • 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 5.3% 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 Market3.06%
Tech-2.49%
IT-2.68%
IT Consulting-2.68%
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
CYVIZ CyvizNOK 31.805.6%
+NOK 21.9m
3.6%PS0.7x
ITERA IteraNOK 9.061.8%
+NOK 13.0m
-22.2%PE18.1x
ARR Arribatec GroupNOK 0.7722.2%
+NOK 9.7m
-81.0%PS0.09x
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Latest News

CYVIZ

NOK 31.80

Cyviz

7D

5.6%

1Y

3.6%

ITERA

NOK 9.06

Itera

7D

1.8%

1Y

-22.2%

ATEA

NOK 129.00

Atea

7D

-4.6%

1Y

5.9%

ARR

NOK 0.77

Arribatec Group

7D

22.2%

1Y

-81.0%

ECIT

NOK 9.66

ECIT

7D

-2.6%

1Y

19.0%