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Norwegian (OSEAX) Software Industry Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies19
  • 7D1.3%
  • 3M12.1%
  • 1Y-39.0%
  • YTD-40.3%

In the last week, the Software industry is up 1.3%, with Volue up 8.6%. In the same time, SmartCraft was down 9.5%. In contrast, the industry has lost 39% in the last 12 months. Earnings are forecast to grow by 63% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022kr35.2bkr38.0b-kr698,232,084.0030.4x-50.4x0.9x
Tue, 01 Nov 2022kr31.5bkr37.8b-kr868,567,929.0036.5x-36.3x0.8x
Thu, 29 Sep 2022kr30.5bkr37.0b-kr956,990,047.0036.3x-31.9x0.8x
Sat, 27 Aug 2022kr33.9bkr36.9b-kr903,519,903.0050.3x-37.5x0.9x
Mon, 25 Jul 2022kr39.9bkr36.3b-kr1,019,173,681.0059x-39.2x1.1x
Wed, 22 Jun 2022kr35.7bkr36.3b-kr508,150,034.0057.1x-70.3x1x
Fri, 20 May 2022kr33.6bkr36.1b-kr533,219,083.0065.6x-63x0.9x
Sun, 17 Apr 2022kr38.5bkr35.5b-kr342,349,754.0074.4x-112.4x1.1x
Tue, 15 Mar 2022kr43.5bkr35.6b-kr342,371,229.0069.3x-127.2x1.2x
Thu, 10 Feb 2022kr46.5bkr32.9b-kr607,713,537.00102.3x-76.5x1.4x
Sat, 08 Jan 2022kr50.1bkr32.8b-kr614,249,985.00120.7x-81.5x1.5x
Mon, 06 Dec 2021kr50.2bkr32.6b-kr568,091,985.00118.5x-88.3x1.5x
Wed, 03 Nov 2021kr55.4bkr32.0b-kr502,576,985.00135.6x-110.2x1.7x
Fri, 01 Oct 2021kr81.4bkr30.5b-kr377,619,794.00160.6x-215.5x2.7x
Sun, 29 Aug 2021kr59.2bkr28.5b-kr417,443,794.00133.6x-141.9x2.1x
Mon, 05 Jul 2021kr54.9bkr28.5b-kr417,443,794.00136.4x-131.4x1.9x
Thu, 08 Apr 2021kr56.3bkr27.8b-kr110,122,212.0061x-511.2x2x
Sun, 10 Jan 2021kr47.4bkr25.7b-kr204,352,280.0099x-231.9x1.8x
Sat, 03 Oct 2020kr23.9bkr19.1b-kr149,496,203.001472.1x-159.6x1.2x
Tue, 07 Jul 2020kr13.7bkr17.7b-kr19,230,934.001263x-715x0.8x
Fri, 10 Apr 2020kr3.8bkr15.3b-kr58,244,934.00n/a-65.4x0.2x
Thu, 02 Jan 2020kr4.2bkr13.7b-kr21,318,934.00n/a-195.7x0.3x
Price to Earnings Ratio

-195.7x


Total Market Cap: kr4.2bTotal Earnings: -kr21,318,934.00Total Revenue: kr13.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Software Industry Price to Earnings3Y Average -231.4x20212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Software industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 40% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

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

NO Market-0.70%
Tech0.48%
Software1.26%
Application Software1.78%
Systems Software-0.093%
Industry PE
  • Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 370x.
    • Analysts are expecting annual earnings growth of 62.3%, which is lower than the prior year's growth of 93.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 63% over the next 5 years.
  • However this is lower than its past earnings growth rate of 408% per year.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 62% 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
VOLUE Voluekr32.908.6%
+kr374.1m
-42.6%PE101.1x
LINK LINK Mobility Group Holdingkr8.844.9%
+kr120.6m
-54.4%PE11.3x
PEXIP Pexip Holdingkr13.368.8%
+kr109.5m
-64.2%PS1.6x
GLEX Glexkr12.0084.6%
+kr42.3m
n/an/a
SIKRI Sikri Groupkr8.80-4.6%
kr39.9m
-62.2%PS1.2x
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Latest News

DLTX

kr4.16

DLTx

7D

-1.4%

1Y

-70.6%

SIKRI

kr8.80

Sikri Group

7D

-4.6%

1Y

-62.2%

PEXIP

kr13.36

Pexip Holding

7D

8.8%

1Y

-64.2%

LINK

kr8.84

LINK Mobility Group Holding

7D

4.9%

1Y

-54.4%

VOLUE

kr32.90

Volue

7D

8.6%

1Y

-42.6%

ELABS

kr15.56

Elliptic Laboratories

7D

1.7%

1Y

-25.0%

SMCRT

kr14.70

SmartCraft

7D

-9.5%

1Y

-22.6%

OTEC

kr8.50

Otello

7D

2.9%

1Y

-67.4%

CRAYN

kr108.00

Crayon Group Holding

7D

-0.09%

1Y

-36.9%

CAN

kr0.69

Canopy Holdings

7D

52.4%

1Y

-72.6%