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Norwegian (OSEAX) IT Consulting Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies6
  • 7D0.4%
  • 3M-8.2%
  • 1Y-3.8%
  • YTDn/a

The IT Consulting is pretty flat in the last 7 days, but Bouvet has stood out, gaining 3.6%. Unfortunately though, the industry is down 4.1% over the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026NOK 23.5bNOK 44.1bNOK 1.3b18.2x17.6x0.5x
Mon, 02 Feb 2026NOK 25.5bNOK 43.6bNOK 1.2b21.5x20.8x0.6x
Wed, 31 Dec 2025NOK 26.2bNOK 43.6bNOK 1.2b22x21.3x0.6x
Fri, 28 Nov 2025NOK 24.8bNOK 43.6bNOK 1.2b20.7x20.2x0.6x
Sun, 26 Oct 2025NOK 25.6bNOK 43.6bNOK 1.2b19.1x21.2x0.6x
Tue, 23 Sep 2025NOK 24.9bNOK 43.2bNOK 1.2b19.1x21.3x0.6x
Thu, 21 Aug 2025NOK 26.0bNOK 43.2bNOK 1.2b21.2x21.8x0.6x
Sat, 19 Jul 2025NOK 25.9bNOK 43.2bNOK 1.2b20.6x21.8x0.6x
Mon, 16 Jun 2025NOK 26.8bNOK 42.5bNOK 1.2b22.5x22.9x0.6x
Wed, 14 May 2025NOK 26.7bNOK 42.3bNOK 1.1b21.3x23.3x0.6x
Fri, 11 Apr 2025NOK 24.0bNOK 41.4bNOK 1.2b19.4x20.3x0.6x
Sun, 09 Mar 2025NOK 24.3bNOK 41.4bNOK 1.2b19.8x20.6x0.6x
Tue, 04 Feb 2025NOK 26.2bNOK 40.2bNOK 1.2b21.3x22.8x0.7x
Thu, 02 Jan 2025NOK 25.4bNOK 40.2bNOK 1.2b20.7x22.1x0.6x
Sat, 30 Nov 2024NOK 24.3bNOK 40.2bNOK 1.2b19.6x21.1x0.6x
Mon, 28 Oct 2024NOK 24.6bNOK 40.1bNOK 1.1b19.8x21.5x0.6x
Wed, 25 Sep 2024NOK 29.6bNOK 43.4bNOK 1.2b20.8x24x0.7x
Fri, 23 Aug 2024NOK 28.8bNOK 43.3bNOK 1.2b32.5x23.9x0.7x
Sun, 21 Jul 2024NOK 27.9bNOK 43.3bNOK 1.2b28.1x23.1x0.6x
Tue, 18 Jun 2024NOK 29.4bNOK 43.8bNOK 1.3b27.6x23.2x0.7x
Thu, 16 May 2024NOK 28.0bNOK 43.7bNOK 1.3b26.3x22.1x0.6x
Sat, 13 Apr 2024NOK 26.8bNOK 44.7bNOK 1.3b24.2x21x0.6x
Mon, 11 Mar 2024NOK 25.9bNOK 44.7bNOK 1.3b24.4x20.3x0.6x
Wed, 07 Feb 2024NOK 27.7bNOK 44.8bNOK 1.3b18.3x20.6x0.6x
Fri, 05 Jan 2024NOK 26.2bNOK 44.8bNOK 1.3b16.5x19.5x0.6x
Sun, 03 Dec 2023NOK 25.3bNOK 44.8bNOK 1.3b16.1x18.8x0.6x
Tue, 31 Oct 2023NOK 24.1bNOK 44.6bNOK 1.3b16x17.9x0.5x
Thu, 28 Sep 2023NOK 26.7bNOK 44.9bNOK 1.4b17.5x19.6x0.6x
Sat, 26 Aug 2023NOK 26.6bNOK 44.7bNOK 1.4b17.9x19.5x0.6x
Mon, 24 Jul 2023NOK 27.9bNOK 44.5bNOK 1.3b19.1x20.7x0.6x
Wed, 21 Jun 2023NOK 32.4bNOK 43.2bNOK 1.4b21.6x23.6x0.7x
Fri, 19 May 2023NOK 30.2bNOK 43.1bNOK 1.4b21.7x22.1x0.7x
Sun, 16 Apr 2023NOK 27.3bNOK 40.9bNOK 1.3b21.1x21.5x0.7x
Tue, 14 Mar 2023NOK 24.7bNOK 40.9bNOK 1.2b19.6x19.8x0.6x
Price to Earnings Ratio

19.8x


Total Market Cap: NOK 24.7bTotal Earnings: NOK 1.2bTotal Revenue: NOK 40.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian IT Consulting Industry Price to Earnings3Y Average 21.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian IT Consulting and Other Services 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 17.5x which is lower than its 3-year average PE of 21.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 2.2% per year over the last three years.
  • Revenues for these companies have grown 2.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian IT Consulting compare with similar industries?

NO Market1.13%
Tech-1.48%
IT0.38%
IT Consulting0.38%
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 50.903.6%
+NOK 180.9m		-30.5%PE13.8x
ARR Arribatec GroupNOK 9.072.9%
+NOK 17.3m		203.4%PE25.2x

Latest News

ARR
NOK 9.07
Arribatec Group
7D
2.9%
1Y
203.4%
CYVIZ
NOK 37.50
Cyviz
7D
-2.1%
1Y
25.0%
ATEA
NOK 143.80
Atea
7D
-0.4%
1Y
8.3%

ATEA: High Dividend And New Tradebroker Contract Will Drive Upside

Narrative update on Atea The analyst price target for Atea is held at NOK 165, with modest adjustments to the discount rate, revenue growth assumptions, profit margin outlook and future P/E to reflect analysts' refreshed views on the company’s risk profile and earnings potential. What's in the News The Board plans to propose to the 2026 AGM an annual dividend of NOK 7.50 per share for 2025, representing a payout of about 95% of net profit after tax, citing higher profit, strong cash flow and a healthy balance sheet (company announcement).
ITERA
NOK 7.04
Itera
7D
-3.6%
1Y
-25.6%
WSTEP
NOK 17.80
Webstep
7D
-2.2%
1Y
-25.5%
BOUV
NOK 50.90
Bouvet
7D
3.6%
1Y
-30.5%