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Norwegian (OSEAX) Semiconductors Industry Analysis

UpdatedSep 15, 2026
DataAggregated Company Financials
Companies2
  • 7D-1.6%
  • 3M-11.0%
  • 1Y11.6%
  • YTD22.5%

The Semiconductors industry is up 1.1% in the last week, with Nordic Semiconductor up 3.6%. In the last 12 months, the industry was up 8.2%. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Norwegian Semiconductors Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Sep 2026NOK 34.1bNOK 7.1bNOK 266.9m111.8x127.6x4.8x
Thu, 13 Aug 2026NOK 34.1bNOK 7.2bNOK 267.1m110x127.6x4.7x
Sat, 11 Jul 2026NOK 33.9bNOK 6.9bNOK 214.6m131.9x157.8x4.9x
Mon, 08 Jun 2026NOK 38.8bNOK 6.7bNOK 206.4m156.6x187.9x5.8x
Wed, 06 May 2026NOK 38.8bNOK 6.5bNOK 201.0m159.7x192.8x5.9x
Fri, 03 Apr 2026NOK 30.9bNOK 6.5bNOK 121.0m190x255.1x4.7x
Sun, 01 Mar 2026NOK 28.9bNOK 6.4bNOK 124.7m183x231.8x4.5x
Tue, 27 Jan 2026NOK 26.4bNOK 6.3bNOK 49.3m322.7x535.6x4.2x
Thu, 25 Dec 2025NOK 26.1bNOK 6.5bNOK 51.4m310.3x508.5x4x
Sat, 22 Nov 2025NOK 26.1bNOK 6.7bNOK 53.4m304.2x489.7x3.9x
Mon, 20 Oct 2025NOK 32.7bNOK 6.3bNOK 105.2m237.2x311.2x5.2x
Wed, 17 Sep 2025NOK 31.1bNOK 6.1bNOK 101.3m231.2x306.7x5.1x
Fri, 15 Aug 2025NOK 31.3bNOK 6.4bNOK 113.0m222.4x276.9x4.9x
Sun, 13 Jul 2025NOK 26.7bNOK 6.0b-NOK 143,479,544.00n/a-185.9x4.4x
Tue, 10 Jun 2025NOK 26.1bNOK 6.0b-NOK 142,902,130.25n/a-182.6x4.4x
Thu, 08 May 2025NOK 22.0bNOK 6.1b-NOK 145,882,664.00n/a-151.1x3.6x
Sat, 05 Apr 2025NOK 21.4bNOK 5.5b-NOK 439,433,323.88n/a-48.7x3.9x
Mon, 03 Mar 2025NOK 26.7bNOK 5.8b-NOK 472,723,532.84n/a-56.6x4.6x
Wed, 29 Jan 2025NOK 22.1bNOK 5.3b-NOK 570,556,317.80n/a-38.7x4.2x
Fri, 27 Dec 2024NOK 19.4bNOK 5.3b-NOK 572,846,776.20n/a-33.8x3.6x
Sun, 24 Nov 2024NOK 18.6bNOK 5.2b-NOK 560,035,259.40n/a-33.3x3.6x
Tue, 22 Oct 2024NOK 18.9bNOK 4.9b-NOK 609,144,244.60n/a-31.1x3.9x
Thu, 19 Sep 2024NOK 25.7bNOK 4.7b-NOK 590,567,841.04n/a-43.5x5.4x
Sat, 17 Aug 2024NOK 27.3bNOK 4.8b-NOK 583,416,204.68n/a-46.7x5.7x
Mon, 15 Jul 2024NOK 33.5bNOK 6.7bNOK 7.4m12.2x4515.4x5x
Wed, 12 Jun 2024NOK 31.2bNOK 6.7bNOK 7.3m14.2x4262.9x4.7x
Fri, 10 May 2024NOK 30.0bNOK 6.7bNOK 74.7m13x401.2x4.5x
Sun, 07 Apr 2024NOK 19.8bNOK 7.3bNOK 381.6m97.7x51.9x2.7x
Tue, 05 Mar 2024NOK 22.2bNOK 7.2bNOK 387.0m116x57.2x3.1x
Thu, 01 Feb 2024NOK 20.9bNOK 6.7bNOK 447.8m37.9x46.6x3.1x
Sat, 30 Dec 2023NOK 24.6bNOK 6.4bNOK 427.7m46.4x57.5x3.8x
Mon, 27 Nov 2023NOK 19.4bNOK 6.8bNOK 457.5m34.2x42.3x2.8x
Wed, 25 Oct 2023NOK 23.9bNOK 8.5b-NOK 672,605,938.0031x-35.5x2.8x
Fri, 22 Sep 2023NOK 28.7bNOK 9.0b-NOK 407,501,338.0026.7x-70.5x3.2x
Price to Earnings Ratio

-70.5x


Total Market Cap: NOK 28.7bTotal Earnings: -NOK 407,501,338.00Total Revenue: NOK 9.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Semiconductors Industry Price to Earnings3Y Average 433.6x202420252026
Current Industry PE
    There are only 2 companies in the Norwegian Semiconductor industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Semiconductor industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 7.6% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Tech industry?

NO Market1.05%
Tech-1.86%
Semiconductors-1.57%
Semiconductor Equipment0%0
Semiconductors-1.57%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 95.0x.
    • Analysts are expecting annual earnings growth of 37.2%, which is lower than the prior year's growth of 137.1% per year.
  • Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 95.0x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 37% over the next 5 years.
  • However this is lower than its past earnings growth rate of 137% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 37% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LOKO Lokotech GroupNOK 0.692.7%
+NOK 12.4m		2.7%PS53.6x

Latest News

LOKO
NOK 0.69
Lokotech Group
7D
2.7%
1Y
2.7%
NOD
NOK 169.20
Nordic Semiconductor
7D
-1.6%
1Y
11.8%
Narrative Update • Aug 10

NOD: Edge AI And Cloud Services Will Support Future Earnings Re Rating

Analysts have modestly lifted their fair value estimate for Nordic Semiconductor, with the implied price target moving from NOK 235.00 to NOK 250.00. They cite refined assumptions around growth, profitability and discount rates, alongside recent mixed Street targets in the NOK 165 to NOK 175 range.